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HomeMy Public PortalAboutr 07:081 ~E5oIlttton of tIrE ~OrOlt~Ir af QInrtErEt, ~ ~ JJ ~ March No. 07-81 Date of Adoption 1, 2007 REQUESTING THE CARTERET REDEVELOPMENT AGENCY TO ACQUIRE CERT AlN REAL PROPERTY WITHIN THE WASHINGTON A VENUE GREYFIELDS REDEVELOPMENT AREA WHEREAS, the Mayor and Council of the Borough of Carteret ("Borough") has previously established the Washington Avenue Greyfields Redevelopment Area ('W AGRA"), pursuant to the criteria set forth in the New Jersey Redevelopment and Housing Law, N.J.S.A. 40A: l2A-1 et seq. ("Redevelopment Law"), for being determined to be an "area in need of redevelopment" as therein defined; and WHEREAS, thereafter, the Borough, by ordinance, adopted a formal Redevelopment Plan. for the W AGRA, also all in accordance with the applicable provisions of Redevelopment Law; and WHEREAS, the Redevelopment Plan for the W AGRA authorizes the acquisition of ceI1ain parcels of real property located within the W AGRA in furtherance thereof; and 'WHEREAS, the following commonly known properties were so designated for acquisition: 43-45 Washington Avenue 47 Washington Avenue ; and WHEREAS, the Borough is desirous of having the Carteret Redevelopment Agency ("CARA") acquire said parcels in an amount not to exceed ONE MilLION ($1,000,000.00) DOLLARS, collectively; and WHEREAS, CARA has certain redevelopment funds available, the same having been deposited for the sole purposes of advancing the redevelopment goals and objectives of the Borough in an amount sufficient to acquire the aforementioned properties. NOW, THEREFORE BE IT RESOLVED, by the Mayor and Council of the Borough of Carteret, County of Middlesex, State of New Jersey that CARA is hereby requested to , acquire the above-referenced real properties within the W AGRA an amount not to exceed ONE MILLION ($1,000,000.000) DOLLARS, collectively. BE IT FUTHER RESOL VED, that a duly executed copy of this Resolution shall be transmitted to CARA for action consistent herewith. Adopted this 1st day of March, 2007 and certified as a true copy of the original on March 2, 2007. COUNCILMAN KATHLEEN M. BARNEY, RMC/CMC Municipal Clerk RECORD OF COUNCIL VOTE YES NO NV A.B. COUNCILMAN YES NO NV A.B. x - Indicate Vote AS - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council ~4t9f2d?i?~~~~ / . L