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HomeMy Public PortalAboutResolution 01:304No. 01-304 Date ot Adoption SEPTEMBER 20, 2001 AUTHORIZING THE BOROUGH CLERK TO EXECUTE AFFIDAVID OF CONSIDERATION WHEREAS, on September 24, 1943, the Borough of Carteret entered into the attached Indenture (Deed) transferring certain real property within the Borough to William Kadoraitis and Catherine Kadoraitis, his wife; and WHEREAS, at the time of the transfer, said real property was then known as Lots No. 115, 116, and 117, in Block 13D as the same was then shown on the Borough of Carteret assessment map and is presently known as Block 13.2, Lot 12 on the official tax map of the Borough, also commonly known as 56 George Street, Carteret, New Jersey; and WHEREAS, said deed was delivered in consideration of the sum of One Dollar ($1.00); and WHEREAS, said deed appears not to have been previously recorded at the Middlesex County Clerk's Office; and WHEREAS, the Estate of Catherine Kadoraitis needs to record said deed in order to effectuate the distribution of the assets of the estate; and WHEREAS, a properly executed affidavit of consideration/exemption needs to be recorded with the deed to exempt the transfer of the described real estate from the New Jersey realty transfer fee; and WHEREAS, the aforementioned transfer of real property is entitled to a full exemption from the realty transfer fee for the following reasons: (1) The consideration for said transfer was less than $100.00; and (2) The attached deed was by an instrumentality or subdivision of the State of New Jersey. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret, County of Middlesex, State of New Jersey that the Borough Clerk is hereby authorized to execute and deliver a proper affidavit of consideration/exemption to accompany the above - described deed for filing. Adopted this 20th day of September 2001 and certified as a true copy of the original on September 21, 2001. KATHLEEN M. BARNEY, RMC/CMC Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YE.c NO NV A.B. COUNCIl,MAN ,,~. ~.(.~_- __NV QUINONES SANTORO REIMAN SOHAYDA X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicalcs Vote lo Ovcr,'ulc Vclo Adopted at a meeting of thc Municipal Council _~F. PT~_2_0_~._ 2001 CI.ERK