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HomeMy Public PortalAboutr 97:047No. 97-47 Date of Adoption FEBRUARY 6 1997 RENEWAL OF AGREEMENT WITH MID-STATE FEDERAL CREDIT UNION RE: PARKING LOT BE IT RESOLVED by the Mayor and Council of the Borough of Carteret that it does hereby authorize the renewal of an existing tenancy pursuant to which the Borough of Carteret occupies a portion of the Mid-State Federal Credit Union parking lot on Roosevelt Avenue as a public parking lot; BE IT FURTHER RESOLVED that the said renewal for a period beginning January 1, 1997 and ending December 31, 1997, and upon those terms and conditions specified in Resolution No. 93-135 adopted April 1, 1993 and shall include the following: 1. Rental: Three Hundred Dollars ($300.00) per momh. 2. Insurance: The Borough shall post the requisite liability insurance. 3. Maintenance: The Borough shall maintain the parking lot and surface thereo£ 4. Signage: The Borough shall post signs in an area to be designated by Mid-State Federal Credit Union for the use of passenger vehicles only. 5. Cancellation: Said agreement to be cancelable upon thirty (30) days notice to Landlord Adopted this 6th day of February, 1997 and certified as a true copy of the original on February 7, 1997. KATHLEEN M. BARNEY, Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. BIALOI,/ARCZOK X FAZEKAS x _DuPONT x FEINGOLD x FAILACE x GUTO}/SKI x X ~ Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto $ j Adopted at a meeting of the Municipal Council ~. Februar~y 6~, 199~7 BOROUGH OF CAI{TI/RET 61 Cooke Avenue THIS AGREE~IENT, made this 6th day of February 1997 by and between: Mid-State Federal Credit Union P. O. Box 32 Carteret, N. J. 07008 and the ~ro,,~h Of Car~re~, a municipal corporation, having its principal office at the Borough Hall , 61 Cooke Avenue, Carteret, New Jersey, 07008, hereinafter the "BOROUGH". As per Resolution No. 97-47. ~ does hereby agree to perform the following: PARKING LOT RENTAL according to the terms set forth in the bids and specifications. ~ does hereby agree to pay the ~the sums set forth in the Contractor's bid. IN WITNESS WHEREOF, the parties here~ have hereunder set their hands and seals or caused these presents to be signed by their proper cor~rate officers and their corporate seals to be hereto affixed, the day and year written above. WITNESSETH BY: TITLE: ~--- ~ROUGH OF CARTE~T BY:Pet~~. Sica - May~ ~athleen M. Barn y Municipal Clerk