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HomeMy Public PortalAboutr 06:187 ;1R£ZDluHall af ±4£ ~araugIj af ([ctrf£r£Í1 þJ ~ 'JJ ~ No. 06-187 Date of Adoption TunE'! l,)~ RESOLUTION OF THE BOROUGH OF CARTERET IN THE COUNTY OF MIDDLESEX DESIGNATING MATZEL DEVELOPMENT AT MINUE STREET, L.L.C. AS THE CONDITIONAL REDEVELOPER OF THE WEST CARTERET MINUE STREET RETAIL REDEVELOPMENT AREA WHEREAS, by Ordinance No. 06-02 passed by January 26. 2006 the Borough of Carterct (the "Borough") adopted the Redevelopment Plan for the redevelopment of the West Carteret Minue Street Retail Redevelopment Area; and WHEREAS, in May 2006, the Borough issued a Request for Qualifications ("RFQ") soliciting responses from redevelopers interested in the redevelopment of the West Carteret Minue Street Retail Redevelopment Area; and WHEREAS, Matzel Development at Minue Street, L.L.c. was the only redeveloper who submitted a response to the RFQ; and WHEREAS, after a review of Matzel Developmemt at Minue Street, L.L. C.'5 response, the Mayor and Council have determined that the response from Matzel Development at Minue Street, L.L.C is consistent with the RFQ and the Borough's Redevelopment Plan and further, that it meets the goals and objectives that the Borough has established for the West Carteret Miotie Street Retail Redevelopment Area; and WHEREAS, the Borough wishes to engage in preliminary negotiations with Matzel Development at Minue Street, L.L.C in furtherance of entering into a fonnal Redevelopment Agreement with said preliminary negotiations to include the receipt and review of additional project specific infonnation from Matzel Development at Minue Street, L.L.C as may be requested. NOW, THEREFORE, BE AND IT IS HEREBY RESOLVED by the Mayor and Council of the Borough of Carteret, in the County of Middlesex and the State of New Jersey, as follows: Section I. Matzel Development at Mioue Street, L.L.C, with offices at 1411 Route 35, Ocean, New Jersey 07712, is hereby conditionalJy designated as the redeveloper of the West Carteret Minue Street Retail Redevelopment Area and has, at the sole and exclusive discretion of the Borough, the option to enter into preliminary negotiations for a Redevelopment Agreement with the Borough for the designated properties located within the West Carteret Miouc Street Retail Redevelopment Area. Section 2. The within designation is hereby made for a limited period of one hundred twenty (120) days and is further contingent upon Matzel Development at , 06-187 NO. PAGE Junp- 1'), 2006 Mioue Street, L.L. C. providing any additional project related information as may be requested by the Borough. Section 3. The within designation is further contingent upon Matzel Development at Miouc Street, L.L.c. agreeing to reimburse the Borough for any and all costs associated with the Borough's review of said additional material and any subsequent efforts involved in negotiating a formal Redevelopment Agreement between the Borough and Matzel Development at Miouc Street, L.L.c. Said costs shall include, but not be limited to the cost of any and all professional consultants retained by the Borough to review said materials and/or assist the Borough in negotiations of a formal Redevelopment Agreement. Section 4. This resolution shall take effect immediately. Adopted this [5th day of June, 2006 And certified as a true copy of the Original on June 16, 2006. KATHLEEN M. BARNEY Municipal Clerk COUNCILMAN RECORD OF COUNCIL VOTE YES NO NY A.B. COUNCIL~'¡AN YES NO NV A.B. DIAZ KRUM x X X RO SIT RZ X X x - indicate Vote AS - Absent NY . Not Voting XOR - Indil'aIC~ Vote to Overrule VelD Adopted at a meeting of the Municipal Council 06-13-Z006 03:43pm Frcm-MCUANIMON ¡ SCOTLAND L,L,C, +9736ZZ3744 T-BZZ P001/OOB F-Z96 McMANIMON & SCOTLAND, L.L.C. ATTORNEYS AT LAW ONE RIVERFRONT PLAZA, 4TH f'LOOR NEW ARK, NEW JOSEY 07102-5408 (973) 622-1800 (pbone) (973) 622-7333 (Fax) FAX SHEET DATE: June 13, 2006 FROM: Kevin P. McManimon, Esq. NAME: KIIthleen M. Barney, Municipal Clerk FAX NO.: (732) 541-8925 COMPANY: Borough of Carteret TOTAL PAGES INCLUDING COVER: 8 COMMENTS: Pkase see atrached letter and draft resolutions regardmg Middlesc:x Avenue Residential Redevelopmt:m Area and West Caneret Mmue Street Retail RedevelopmenT Area. Thank you. Kevin IF YOU DO NOT RECEIVE ALL PAGES OR HAVE ANY PROBLEM WITH THIS TRANSMISSION, PLEASE CONTACT THE PERSON LISTED BELOW: Cassie Conover - (973) 622-5266 CONFIDENTIALITY NOTE Tht: informarion contained In lhis message is illlenaed only for Ihe ~.i! oflhe addressee and may be CONFIDENTIAL AND LEGALLY PRNlLEGED_ /1)011 are nOllhe itue/'lded reC'ipiem, YOk are hereby nOTified lhal any disclosure or copying of This comml<nÏC'anon is slriCT/y prohibiled. lfyou have receIved rhis commkn;calion in error, please nCllljý kS immedia1ely by Telephone (collen) so ¡hat we may advise re: dIsposillon. Thank you. 13030-ûQJ 302L197~1 06-13-2008 03:43pm From-MCUANIUON ¡ SCOTLAND l,L,C, +97362237« T-922 P.002/00B F-296 McMANIMON & SCOTLAND. L.L.C. ATTORN'8.YS AT J;.....W -~ (...,~ e~~+l.ðOO ONE BIVI!.aS-ØONT PLAZA. pOuaTH P1.00B NJtW.a.I'U[. NEW JltBSlty 0710~·6-J,()8 ...AX l"?:J) 60::-7333 J"'AÄ t973J 6g0-:)~ Wnter'sDireC¡ D1aI913 622 4869 kmcmanllnon@nmnlloii.l9W com June D, 2006 BY FAX TO (731) 541-8925 Kathleen M Barney, Boroug!1 Clerk Borough of Canerer 61 Cooke Avenue Canerer, NJ 07008 Re: Borougb of Car1eret Middlesu Avenue Residential Redevelopment Area Wru Cancrrt Minue Street RetaÜ Rednelopment Area Dear Kathy· Enclosed herewith please find resolutions for the Mayor and Bo:roug!1 Council's consideration conditionally designating Midcllesex Avenue Redevelopment Company, LLC and Matzel Development @ Minue Street, L L.C as the redevelopers of the above-referenced redevelopment areas Please place these resolutions Iß line for the Council's consideration at the next available opportunity. which I believe is Thursday, June is If you have any questions or comments, please do not hesitate to contact me Thank you very much for your attention Very truly yours, ~ I }41t(~- Kevin P McManimon (PM A1JIICIunø¡s '''' D.....el ~iman, Mlyer (w/alladlmClUS) (By fa><. to (73]) 541-2&&4) Raben 1 B~rgcn, Ese¡ (../aIliichmellls) (By Fax 10 (732) 324-7606) Ioseph P Baumann, Ir Ese¡ (VIIIO anacblnelÅ’S) lll):M)..()O! 3u2u9:5-1 06-13-Z006 03:43pm From-MCUANIMON & SCOTLAND L,L,C, +9T36ZZ3744 T-9ZZ p.003/008 F-Z96 RESOLUTION OF THE BOROUGH OF CARTERFT. IN THE COUNTY OF MIDDLESEX DESIGNATING MATZEL DEVELOPMENT @ MINUE STREET, L.L.C_ AS THE CONDITIONAL REDEVELOPER Of' THE WEST CARTERET MINUE STREET RETAIL REDEVELOPMENT AREA WHEREAS. by Ordinance No. 06-02, passed on January 26, 2006, me Borough of Carteret (me "Borough") adopted the Rede'l'elopment Plan for Ihe redevelopment of the West Cart('(eI Minue Street Retail Redevelopment Area; and WHEREAS, In May 2006, the Borough issued a Request for QualificaIÍons ("RFQ"), soliciting responses trom redevelop('(s interesled m me rede~elopment of me West Carteret Mmue SIreet Retail Rede"elopment Area; and WHEREAS. Mat2el Development @ Minue Street, L.L.C. was me only rèdeveloper who submitted a response to the RFQ; and WHEREAS, after a review of M~zel D~c;lopmo;;nt @ Min..e Sltect, L.L.C:s response, the Mayor and COlUlCil have derermine4 that me response ftom MalZel Development @ Minlle Street, LL.C. is consistent with Ihe RFQ and Ihe Borough's redevelopment plan IUld, funher, that il meets !he goals and objccIÍves !hat the Borough has established for me West Caneret Minue Street Retail R.edevelopmenr A:r¢a. Iil!d WHEREAS. the Borough wishes 10 engage in preliminary negotiations with MaIzel Development @ Minue Street, L.L.C. in funherlil!ce of entering into a formal redevelopment agreement, wim said preliminary negotiations to mclude the receipt and review of additional proJcc! specIfic informaTion trom MalZel Development @ Min~ Street, L.L.C. as may be requested. NOW, THEREFORE, BE AN}) IT IS HEREBY RESOLVED by The Mayor and Council of Borough of Cartere!, in !he County of Middlesex and the State of New Jersey, as follows; SectioD I. MalZel De~elopment @ Minue StreeT, L.L.C., with offices at 1411 Roule 35, Ocean, New Jersey 07712, is flereby conditionally designated as me r.:dc:velo )<'T of me WesT Carteret Mínue Street Relail Redevelopment Area and has, at the sole and exclusive discretion of the Borough, the option to enter into prelnninaI'y negotiations for a redevelopment agreement witfl the Borough tor me àesignated properties located within the West Cartem Minue Street Retail Rede'l'elopment Area. SectìoD 2. The wiùrin designation is hereby made for a limited period of one hundred-twenty (120) days, and is further connngent upon MalZel Development @ Minue STreet, L.L.C. providing any additional project rdated information as may b" requested by the Borough. SecriOD 3. The within designarion is funher contingenT Llpon MaIZel Development @ Minue Street, LL.C. agreeing 10 reimburse me Borough for any and all costs associated with me Borough's review of said addilÍonal material and any subsequent efforts in"olved in negolÍating OB-13-Z00~ 03:44pm Fram-f.CUANII.{IN & SCOTLAND L,L,C, +mSZ2374.4 T-SZZ P.005/00S F-ZSB CERTIFICATION The foregoing is a tr~e IU1d complete coPy ofa resolution adopted by the governing body of the Borou~ of Carteret, in the Coumy of Micidlesex, State of New Jersey, at a meeting thereof duly caned and held on , 2006. Kathleen M. Bamey, Clm 130~1 302077·1 U6-¡3-Z0US 03:~pm FrQm-~NIUON & SCOTLAND L,L,C, +msmi~ T-9ZZ P.004/008 F-Z9S a fcmnal redevelopment agn::ement between the Borougl't and Matzel Developmenr @ Mmue Street, L.L.C. Said eosts shall include, bIU not be limited to, the COSl of any and all professional consultants retained by the Borough to review SlUd m~eriats and/or assist the Borough In negotiations of a formal redevelopment agreement. SectioD 4. This resolution shall take effect immediately. 13030-00] 302077-t