HomeMy Public PortalAboutr 24-024Ywour ian of the Paraugh of garb d, N. 5L
No. #24-24
Date of Adoption -Jan tart' i R �. M4
RESOLUTION OF TIM BOROUGH OF CARTERET CONDITIONALLY
DESIGNATING REDEVELOPER
WHEREAS, the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq., as
amended and supplemented (the "Redevelopment Law"), provides a process for municipalities to
participate in the redevelopment and improvement of areas in need of redevelopment; and
WHEREAS, in accordance with the Redevelopment Law, the Borough of Carteret (the
"Borough") previously determined, based upon the recommendation of the Borough's Planning
Board, that certain designated properties collectively constituted an area in need of
redevelopment under the law, and designated the same as the West Carteret Commercial
Redevelopment Area, (tire "Redevelopment Area"); and
WHEREAS, the Borough adopted a redevelopment plan for the Redevelopment Area, Phase 1I
(the "Redevelopment Plan"), which shall control the redevelopment of the Redevelopment Area;
and
WHEREAS, the Borough desires to conditionally designate Jagpal Singh as Redeveloper for a
portion of the property within the redevelopment'Area (the "Project Area"), for purposes of
engaging in negotiations with Mr. Singh in furtherance of entering into a formal lease for the
Project Area; and
NOW, THEREFORE, BE IT RESOLVED as follows:
Section 1. Jagpal Singh is hereby conditionally designated as the Redeveloper
for the Project Area within the West Carteret Commercial
Redevelopment Area subject to Mr. Singh entering into a formal
redevelopment lease agreement for said Area, consisting of an
unused portion of the Germak Drive right-of-way, in a form
acceptable to the Borough Law Director.
Section 2. The appropriate Borough Officials and the Law Director are
hereby authorized and directed to perform such other actions
deemed necessary, desirable or convenient to effectuate and
implement the purposes provided for herein, including entering
into a formal redevelopment lease agreement with Jagpal Singh
as provided for herein.
Section 3. All actions of the Authorized Officers taken prior to the date of
adoption hereof in connection with the Project Area are hereby
ratified and approved.
Section 4. This resolution shall take effect at the time and in the manner
prescribed by law.
Adopted this 181h day of January, 2024
and certified as a true copy of the
original on January 19, 2024.
CARMELA POGORZELSKI, RMC
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NV
A.II.
COUNCILMAN
YTS
NO
NY
A.B.
BELLINO
X
JOHAL
X
DIAZ
X
KRUM
X
DIMASCIO
X
NAPLES
X
X- Indicate Vote AB - Absent NV -Not Voting XOR- Indicates Vote to Overrate Veto
Adopted at a meeting of the Municipal Council
January 18, 2024
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