HomeMy Public PortalAboutr 04:145No. 04-145 Date of Adoption April 22, 2004
RESOLUTION AMENDING RESOLUTION #04-102 AUTHORIZING
CARTERET URBAN ENTERPRISE ZONE DEVELOPMENT CORPORATION
TO REQUEST FUNDING FOR LOWER WASHINGTON AVENUE PROPERTY
ACQUISITION AND BUILDING FACADE IMPROVEMENT PROGRAM
WHEREAS, the Borough of Carteret (the "Borough") is working to upgrade and
revitalize the Lower Washington Avenue Business District; and
WHEREAS, the Borough Council has determined that it would be appropriate to utilize
Urban Enterprise Zone "UEZ" funds to pay for a portion of said revitalization project, as
requested by the Carteret Urban Enterprise Zone Development Corporation; and
WHEREAS, by Resolution #04-102 the Borough Council endorsed the application by
the Carteret Urban Enterprise Zone Development Corporation for funds for said
revitalization project; and
WHEREAS, said Resolution #04-102 needs to be clarified as set forth below; and
WHEREAS, the Zone Development Corporation has recommended that an application
be submitted to the New Jersey UEZ Commission for the appropriation of Five Hundred
and Fifty Thousand Dollars ($550,000.) of available Carteret UEZ funds for the above
referenced projects, with $450,000 of said funding to be used for the acquisition of real
property to be improved as a parking facility for patrons of local businesses and the
remaining $100,000 be used to implement a business fagade improvement program.
NOW, THEREFORE, BE IT RESOLVED by Mayor and Council of the Borough of
Carteret, County of Middlesex, and State of New Jersey as follows:
1. That the Carteret UEZ Development Corporation be and is hereby authorized
to request from the New Jersey UEZ Authority the amount of $550,000.00 in
funds from the Carteret UEZ account for the above described projects.
2. That the Mayor is hereby authorized to negotiate and enter into a contract to
purchase Block 220, Lot 6, to be improved for use as a parking facility to
service the Lower Washington Avenue business community.
3. That the appropriate Borough Officials are hereby authorized and directed to
take the necessary actions to implement the terms of this Resolution.
4. That a copy of this Resolution be forwarded to the Borough's Purchasing
Department, the UEZ Coordinator, and the Borough Attorney.
Adopted this 22nd day of April, 2004
and certified as a true copy the
original on April 23, 2004.
KATHLEEN M. BARNEY, RMC/CMC
Municipal Clerk
RECORD OF COUNCIL VOTE
- COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B.
KRI]I,I X RIO~; X
IqAPLES X .qm'A{~Z x
pART.q~ X .,et '~x~ i X
X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto c.p
Adopted at a meeting of the Municipal Council
/j April 22, 2004
· f ' ' CLERK