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HomeMy Public PortalAboutr 97:160No. 97-160 Dute of Adoption May 1, 1997 RESOLUTION RESCINDING RESOLUTION #97-112 AND AUTHORIZING THE MAYOR TO NEGOTIATE A REGIONAL CONTRIBUTION AGREEMENT WHEREAS, on March 20, 1997, by Resolution #97-112, the Mayor and Council of the Borough of Carteret (the "Borough") authorized the Mayor to negotiate a regional contribution agreement ("RCA") with the Township of East Amwell; and WHEREAS, Resolution #97-112 expressed the Mayor and Council's desire that funds derived from the RCA be specifically dedicated to be used by homeowners; and WHEREAS, the New Jersey Council on Affordable Housing ("COAH") has indicated that such specific designation may conflict with COAH regulations; WHEREAS, the Governing Body of the Borough remains committed to improving the quality of life for all of the Borough's residents; and WHEREAS, the Governing Body of the Borough is also committed to assisting owners improve and enhance homes currently existing in the Borough, thereby bringing a renewed sense of pride to the homeowner, the neighborhood, and the community at large; and WHEREAS, the Governing Body of the Borough faces ever increasing challenges to locate sources of funds to assist in achieving those goals; and WHEREAS, the Governing Body of the Borough believes it is able to obtain such funds to assist residents by entering into a regional contribution agreement ("RCA") with East Amwell Township. NOW, THEREFORE, BE IT RESOLVED as follows: 1. Resolution #97-112 is hereby rescinded. 2. The Mayor is hereby authorized to negotiate an RCA with the Township of East Amwell upon terms acceptable to the Borough Council; 3. That any funds received pursuant to the above described RCA between the Borough and East Amwell shall be used to assist in the refurbishment and improvement of eligible housing. Adopted this 1st day of May, 1997 and certified as a true copy of the original on May 2, 1997. KATHLEEN M. BARNEY Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. X X BIALOWARCZUK FAZEKA.R X X FEINGOLD DU PONT FA ILACE X GUTOWSK I X X - Indicale Vote AB - Absent NV - Not Voting XOR - l.dicales Vote Io Overrule Veto Adopted at a meeting of the M.nicipal Council . ~ _~ay 1, 1_997