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HomeMy Public PortalAboutr 95:252 Date of Adopfitm~st 8~ 19_..95 RESOLUTION TERMINATING LEASE OF RECREATION DEVELOPERS, INC. WHEREAS, on April 11, 1991, a lease agreement was entered between the Borough of Carteret and Recreational Developers, Inc.; and WHEREAS, Article XXXVII calls for certain action on the part of the tenant in regard to closure of the "Carteret Landfill"; and WHEREAS, on May 17, 1995 pursuant to Article XIV of said lease, the tenant was put on notice of it's breach; and WHEREAS, the tenant has not taken any necessary steps to cure said breach. NOW, THEREFORE, BE IT RESOLVED that the Borough of Carteret does hereby terminate the lease of Recreational Developers, Inc. and directs the tenant to immediately vacate the leased premises. Adopted this 8th day of August, 1995 and certified as a true copy of the original on August 9, 1995. KATHLEEN M. BARNEY, Municipal Clerk ~IL vO~E -- COU ~ X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted at a oleetillg of tile Municipal Coolleil /~~ 8 , 1995