HomeMy Public PortalAboutr 21-247'AmIu#ton of t4t Por=x 4 of Cgar#eret, N. I.
21 -247 December 9 2021
Date of Adoption _December
RESOLUTION OF THE BOROUGH OF CARTE RE, AUTHORIZING
THE ACCEPTANCE AND ACQUISITION OF FEE TITLE
OWNERSHIP OF CERTAIN PROPERTY FROM THE CARTERET
REDEVELOPMENTAGENCY
WHEREAS, on February 25, 2016, the Borough adopted Resolution No. 16 -43 declaring
certain properties within Block 6805, as identified on the Borough's tax map, as an area
in need of redevelopment (the "Locust- Roosevelt Redevelopment Area ") in accordance
with the Local Redevelopment and Housing Law, Na S.A. 40A:12A -1 et seq. (the
"Redevelopment Law "); and
WHEREAS, on May 3, 2018, the Borough finally adopted Ordinance No. 18 -7
approving the Locust- Roosevelt Redevelopment Plan (the "Locust- Roosevelt
Redevelopment Plan"); and
WHEREAS, in an effort to facilitate the redevelopment of certain portions of the Locust -
Roosevelt Redevelopment Area, the Borough has acquired fee title interest in Block
6805, Lots 22, 23, 25 and 26 (the `Borough Property ") as referred to on the tax map of
the Borough; and
WHEREAS, the Carteret Business Partnership, Inc. is the fee title owner of Block 6805,
Lots 1, 4 and 29 as referred to on the tax map of the Borough (the "CBP Property"); and
WHEREAS, the Agency is the fee title owner of Block 6805, Lots 5, 6, 11, 23, 27 and
28 as referred to on the tax map of the Borough (the "Agency Property "); and
WHEREAS, the Agency is authorized to acquire fee title ownership to Block 6805, Lots
2, 3 and 8 (the "Properties to be Acquired" and together with the Borough Property, CBP
Property and the Agency Property, the "Properties "); and
WHEREAS, in order to consolidate the Properties for purposes of undertaking a
redevelopment project, the Agency desires to transfer and convey its fee title interest in
the Agency Property and upon acquisition, the Properties to be Acquired, to the Borough.
NOW, THEREFORE, BE IT RESOLVED as follows
Section 1. The acceptance and acquisition from the Agency of the Agency
Property, constituting Block 6805, Lots 5, 6, 11, 23, 27 and 28, to
the Borough is hereby approved.
Section 2. The acceptance and acquisition from the Agency of the Properties
to be Acquired, constituting Block 6805, Lots 2, 3 and 8, to the
Borough is hereby approved.
Section 3. The Mayor, Chief Financial Officer or the Director of Law (each
an "Authorized Officer "), are hereby each severally authorized and
directed, after consultation with such counsel and any advisors to
the Borough (collectively; the "Consultants "), as such Authorized
Officer deems necessary, desirable or convenient in such
Authorized Officer's sole discretion, to perform any act and
execute and enter into any and all related agreements, instruments
or other documents in connection with the transfer and conveyance
of the Agency Property and the Properties to be Acquired from the
Agency to the Borough and the Borough Clerk is hereby further
NO. 21-247 PAGE 2
authorized and directed to attest to such execution or
acknowledgement and to affix the seal of the Borough to any such
agreement, instrument or document.
Section 4. All actions of the Authorized Officers and the Consultants taken
prior to the date of adoption hereof in connection herewith are
hereby ratified and approved.
Section 5. This Resolution shall take effect at the time and in the manner
prescribed by law.
Adopted this 9 °i day of December, 2021
and certified as a true copy of the
original on December 10, 2021.
CARMELA POGORZELSKI, RMC
Municipal Clerk
RECORD Or COUNCIL VOTE
COUNCILMAN
YES
NO
NV
A.B.
COUNCILMAN
NV
A.B.
BELLINO
X
JOHAL
DIAZ
X
IYESNO
DIMASCIO
X
NAPLES
X- Indicate Vote AB- Absent NV - Not Voting XOR- Indicates Vole to Overr
Adopted at a meeting of the Municipal Council
Dec tuber 9 � 2021
Muni ri na t- CPer%—
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