HomeMy Public PortalAboutResolution 01:186No. 01-1R& Date ot Adopti(In~l
RESOLUTION AUTHORIZING THE NEGOTIATION OF A
RCA AGREEMENT WITH THE
TOWNSHIP OF NORTH BRUNSWICK
WHEREAS, the Borough of Carteret is desirous of negotiating a RCA
with the Township of North Brunswick with the purpose of being designated the
receiving municipality pursuant to said agreement; and
WHEREAS, the Township of North Brunswick has expressed an interest
in entering into a RCA agreement with the Borough of Carteret provided that the
administrative costs associated with having the Township's professionals negotiate a
RCA agreement with the Borough of Carteret be assumed by the Borough; and
WHEREAS, the governing body of the Borough of Carteret believes that
the potential benefits of entering into a regional contribution agreement with the
Township of North Brunswick for the transfer of approximately sixty (60) units of low
and moderate income housing obligations at a rate of $25,000.00 per unit outweighs the
potential costs associated with negotiating a RCA agreement with the Township.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council
of the Borough of Carteret as follows:
1. The appropriate Borough officials are hereby authorized to negotiate
with the designated professionals from the Township of North Brunswick
for the purposes of entering into a RCA agreement agreeable to both
municipalities.
2. It is hereby agreed that the Borough of Carteret will reimburse the
Township of North Brunswick the administrative costs associated with
having its professionals negotiate an RCA agreement with the Borough at
a maximum cost not to exceed $10,000.
Adopted this 7th day of June,2001
and certified as a true copy of
the original on June 8, 2001
KATHLEEN M. BARNEY,RMC/ CMC
Municipal Clerk
RECORD OFCOUNCILVOTE
X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Ovcmtdc Vclo
AdoptedatameetingoftheMunicipalCouncil
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