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HomeMy Public PortalAboutr 02:325No. O?-'t?ci Date of Adoptio~ 2002 AUTHORIZING EXTENSION OF LEASE WITH THE CARTERET P.B.A. WHEREAS, pursuant to Ordinance No. 83-66, the Borough of Carteret previously authorized the leasing of certain Borough land to community organizations for community service purposes; and WHEREAS, pursuant to said Ordinance, the Governing Body previously entered into a lease, attached hereto and made a part hereof, dated January 5, 1984, with the Carteret P.B.A. t/a Carteret Police Athletic League ("P.B.A.") for a building and property located in Carteret Park, located at Jersey and Louis Streets, also then known as Block 183, Lot 24; and WHEREAS, the P.B.A. has advised the Governing Body that it wishes to make significant improvements to said property and will need to invest substantial sums of money to make said improvements; and WHEREAS, the P.B.A. has advised the Governing Body that said improvements and the investment of said funds can only truly be justified if the present lease for the above described property is appropriately extended; and WHEREAS, it has previously been determined that the above described property is not needed for other public purposes and the community services provided at this property by the Carteret P.B.A. advances and promotes the public health, safety and welfare of all of the Borough's residents. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret, County of Middlesex, State of New Jersey as follows: 1. That the present lease between the Carteret P.B.A. and the Borough of Carteret dated January 5, 1984 for a building and property located at Carteret Park is hereby extended for a term of 99 years subject to the same terms and conditions provided for in said lease. 2. That a copy of this Resolution shall be attached to the lease evidencing the extension thereof and the same shall be kept on file in the office of the Borough Clerk. Adopted this 5th day of September, 2002 and certified as a tree copy of the original on September 6, 2002. KATHLEEN M. BARNEY Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. pARISI X SANlrlRO X X RIOS X ~ X X - Indicate Vote AB - Abscm NV - Not Voting XOR - lndlcatcs Vote to Overrule Veto Adopted at a meeting of the Municipal Council