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HomeMy Public PortalAboutr 03:021No. 03-21 Date of Adoption .][~[]fil~ 9, ~ AUTHORIZING THE MAYOR TO ENTER INTO AFFORDABLE HOUSING AGREEMENT WHEREAS, the Borough of Carteret has entered into a number of Regional Contribution Agreements with neighboring communities as sending municipalities for the transfer of affordable housing funds to the Borough; and WHEREAS, the New Jersey Council on Affordable Housing ("COAH") has advised the Borough that an Affordable Housing Plan demonstrating Carteret's ability to utilize the above described funding in accordance with COAH regulations is required; and WHEREAS, the Governing Body has determined that it is desirable to enter into an agreement(s) for the construction, reconstruction development and/or redevelopment of affordable housing within the Borough. NOW, THEREFORE, BE IT RESOLVED, by the Governing Body of the Borough of Carteret, County of Middlesex, State of New Jersey that the Mayor be and is hereby authorized to negotiate, execute and administer agreement(s) for the provision of affordable housing within the Borough in accordance with COAH requirements. Adopted this 9th day of January, 2003, and certified as a true copy of the original on January l0th, 2003. KATHLEEN M. BARNEY, RMC/CMC Municipal Clerk n RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. KRUM' X RIOS X NAPLES X SOSNOWSKI X PARISI X X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto of the Municipal Council Adopted at a meeting .__~/~~