Title
AN ORDINANCE RATIFYING AND AUTHORIZING THE EXECUTION OF A LEASE AGREEMENT BETWEEN THE LEAGUERS, INC., LANDLORD, AND THE CITY OF NEWARK, TENANT, FOR THE LEASING OF THE PREMISES COMMONLY KNOWN AS 731 CLINTON AVENUE (SOUTH WARD), BLOCK 3010, LOT 43, TO BE UTILIZED AS THE SOUTH WARD SENIOR CITIZEN CENTER FOR THE SUM OF $55,181.88 PER YEAR, FOR A PERIOD OF TWELVE (12) MONTHS.
No Action Taken 8-a 102313
body
WHEREAS, the premises commonly known as 731 Clinton Avenue, Block 3010, Lot 43, on the Official Tax Maps and Tax Duplicate (year 2011) of the City of Newark, New Jersey is needed for public purposes; and
WHEREAS, the City of Newark, Tenant, and the Leaguers, Inc., Landlord, desire to enter into a lease agreement for the premises, commonly known as 731 Clinton Avenue, Block 3010, Lot 43, to be utilized as the South Ward Senior Citizen Center, for the period beginning January 1, 2013 and ending December 31, 2013, for the sum of $55,181.88; and
WHEREAS, presently an amount of $13,795.47 is available and certified for this lease and the Director of Engineering desires to extend the lease to its full amount of $55,181.88 when balance of funds in the amount of $41,386.41 are certified and a copy of the Certification of Funds is filed in the Office of the City Clerk.
NOW, THEREFORE, BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
Section 1. The Business Administrator of the City of Newark is hereby authorized to enter into the lease agreement, on behalf of the City of Newark, Tenant, with the Leaguers, Inc., Landlord, for the leasing of the premises commonly known as 731 Clinton Avenue, Block 3010, Lot 43, pursuant to N.J.S.A. 40:60-25.51, to be utilized as the South Ward Senior Citizen Center, for the period of January 1, 2013 through December 31, 2013.
Section 2. The Municipal Council of the City of Newark hereby ratifies the lease agreement between the City of Newark, Tenant, and the L...
Click here for full text