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HomeMy Public PortalAboutr 05:377 2R~ZúIuth1tt úf t4~ ~úrúu£li úf (Œètd~rd, ~ ~ 3J + No. 05-377 Date of Adoption IWc-prnher 15, 2005 AUTHORIZING THE MAYOR TO EXECUTE NJDOT APPLICATION AND INDEMNIFICATION AGREEMENT REGARDING TRAFFIC LIGHT WHEREAS, the Borough of Carteret ("Borough") and the Redeveloper of Phase I of the Landfill Reclamation Improvement District ("Redeveloper") entered into a Redevelopment Agreement, dated February 4, 2004 (the "Redevelopment Agreement"), which addresses the redevelopment of the landfill reclamation improvement district consisting of certain real property in the Borough as set forth in Ordinance 95-40 and Ordinance 96- 14 adopted by the Borough; and WHEREAS, a portion of the redevelopment involves Redeveloper causing certain interim improvements to be made, including creation of a replacement grade crossing (the "Crossing") over Consolidated Rail Corporation ("Conrail) property and installation and maintenance of a traffic light (the "Traffic Light") at the intersection of the Crossing and Industrial Road, in Carteret, New Jersey, at the point where a portion of Industrial Road curves in an easterly direction and other portion of the road runs in a southerly direction (the "Intersection"); and WHEREAS, Borough presently has jurisdiction over Industrial Road in Carteret, New Jersey in the location of the Intersection and as such, the New Jersey Department of Transportation ("NJDOT") is requiring the Borough to assume jurisdiction of the Traffic Light that the Redeveloper is required to install at the Intersection and submit the required application therefore; WHEREAS, as a condition precedent to the Borough agreeing to assume any jurisdiction for the traffic light, the Borough is requiring the Redeveloper to insulate the Borough from any and all costs and liabilities arising from the installation, operation and maintenance of the Traffic Light at the intersection; and WHEREAS, the Borough is agreeable to assuming temporary jurisdiction of the Traffic Light and process the required NJDOT Application therefore provide the Redeveloper enters into an Indemnification Agreement with the Borough relating to the same. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret, County of Middlesex, and State of New Jersey as follows: 1. That the Mayor and appropriate Borough Officials are hereby authorized to enter into any agreements and execute all applications and documents that may be required by NJDOPT with regard to the installation of the above-described Traffic Light, all in a form and substance that are acceptable to the Borough Attorney and subject to a satisfactory Indemnification Agreement with the Redeveloper with regard to the same. NO. ___ 05-377 PAGE 2 2. That the Mayor and appropriate Borough Officials are hereby authorized and directed to enter into an Indemnification Agreement with the Redeveloper with regard to the above-described Traffic Light in a form acceptable to the Borough Attorney. Adopted this 15th day of December, 2005 and certified as a true copy ofthe original On December 16, 2005. LINDA A. RIVERA Assistant Municipal Clerk RECORD OF COUNCIL VOTE -- COUNCILMAN I YES NV COUNCILMAN NO A.B. YES NO NY A.B. BELLINO X NAPLES X I DIAZ X RIOS X KRUM X SITARZ X p__--L_~_ x - IndicalC Vote AB - Absent NY - Not Voling XOR - Indil'dlt.'s Vote to Overrule Veto ¡---- ._-~._. Adopted at a meeting of the Municipal Council __ Oør(:ilm hø.... 1') , 7m') '~7 / "" ./ 0 ~ Q¿, . CLERK ~