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