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HomeMy Public PortalAboutr 97:264No. 97-264 Date of AdoptionAUGUST 21, 1997 RESOLIIfION AUTHORIZING THE BOROUGI{ ATTORNEY TO CONCLUDE A CONTRACT FOR PURCHASE OF BLOCK 190, LOT 2, FROM THE OWNER, FOR A PURCHASE PRICE NOT TO EX~.k~ $225,000.00. WHEREAS, the Mayor and Borough Council of the Borough of Carteret have been attempting to revitalize the town center area near the Borough Hall as part of the ongoing efforts to promote business growth and tax ratables within the Borough of Carteret; and WH~IEAS, the nature of this revitalization requires that the Borough of Carteret obtain certain land and buildings which are not being well min- tained or are repsently abandoned; and WHEREAS, the property owner of Block 190, Lot 2, (the "Property") has indicated that he would be willing to sell said Property tothe Borough; and WHEREAS, the Borough wishes to acquire said Property in furtherance of the above stated purposes; and WHEREAS, the Local Land~ and Buildings Law (NfJ.S.A. 40A:12-1, et seq.) permits such purchases of real property. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Borough Council of the Borough of Carteret, that Craig J. Coughlin, Esq. of the law fire of Mcgowan & Coughlin, P.C. , as Borough Attorhey, is hereby authorized to conclude a Contract of Purchase with the owner of Block 190, Lot 2 for a purchase price not to- exceed Two Hundred Twenty-Five Thousand ($225,000.) Dollars. Adopted the 21st day of August, 1997 and certified as a true copy of the original on August 22, 1997. KAT~I.ERN M. BARNEY, Certified Municipal Clerk RECORD OF COUNCIL VOTE ~. COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. BIAU)WARC~UR x pAZEKAS X DttPONT X FEINGOLD X FA II ACE X GUTOWSKI X X - Indicate Vote AB - Absent NV - Not Voting XOR - hldicates Vote to Overrule Veto Adopted at a meeting of the Manicipal Council August 21, 1997 MIDOLESEX COUNTY ~TIILEEN H. B~EY ~UNIC~E~ CLE~. ~ Date: Aunt 21. 1997 TO: Patrick DeBlasio, Treasurer Borough of Carteret REQUEST FOR CERTIFICATION OF AVAILABLE FUNDS: For: The Borough Attorney to Conclude a Contract for Purchase of Block 190, Lot 2, from the owner, for a Purchase Price Not to Exceed $225~000.00. RESOLUTION #97-264. Name of Account: AMOUNT TO BE ENCUMBERED: $225,000.00 Municipal Clerk CERTIFICATION OF. AVAILABILITY OF FUNDS I, Treasurer of the Borough of Carteret, do hereby certify that there are sufficient funds available in the current budget to enable the Municipal Council to authorize the entering into a Contract between the Borough of Carteret and: Tbe funds available for this contrac~ are in tile Budge~ in the account of: in the amount of: ~~ - By this certification, I have hereby encumbered the above named account for the amount of the contract pending Council action. Patrick DeBlasio, Treasurer DATE: g/~ ~/q n