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HomeMy Public PortalAboutr 08:174 ~eMhrliott of :tIre ~orou~Ir of QIctrterct1 ~ ~ 3J ~ No. 0~-17/, RESOLUTION AUTHORIZING THE EXECUTION OF AN AMENDMENT TO THE BRISTOL PONDS DEVELOPER'S AGREEMENT Date of Adoptiofl . July ?4, ?008 WHEREAS, the Borough of Carteret (the ''Borough'') entered into a Developer's Agreement with Carteret Investors, L.L.C., aIkIa Bristol Ponds at Carteret, whose address'is 1411 Route 35 North, Ocean, New Jersey 07712 (the "Developer"), dated March 24, 2005, as amended by that amended Developer's Agreement by and between the Borough and the Developer, dated August 8, 2006 (collectively, the ''Developer's Agreement"), in connection with the develo~ment of the development of property designated as Block 9.02, Lots 15.03 and 15.04, Block 114, Lot 1 and Block 115, Lot 1 on the Borough's Tax Map; and WHEREAS, the Borough Council desires to authorize the Mayor and Municipal . Clerk to exeGute the second amendment to the Developer's Agreerpent in the substantially the same form as that attached hereto as Exhibit A. NOW, THEREFPRE, BE AND IT IS HEREBY RESOLVED by the Mayor and Council of Borough of Carteret, in the County of Middlesex and the State of New Jersey, as follows: Section 1. The Mayor and Municipal Clerk are hereby authorized and directed to execute the Second Amendment to the Developer's Agreement in substantially the same form as that attached hereto as Exhibit A. Section 2. . This resolution shall take effect innnediately. Adopted this 24th day of July, 2008 And certified as a true copy ofthe Original on July 25, 2008. LnIDA A. RNERA Assistant Municipal Clerk , .,., RECORD OF COUNCIL VOTE "l -- GOUNCILMAN YES NO. NY A.B. COUNCILMAN YES. NO NY A.B. 1 'n];',,"," X . ~n" . v . 2 ,,,m];'o ffiT"" X X T'tTA7' X OT'Nn? X X - Indicate Vote AB ~ Absent NY - Not Voting . XOR - Indicates Vote to O....errule Veto Adopted at a meeting of the Municipoi Council Jill v ?I. ?()()R , ~ a 8'vv-(~ Asst. Clerk