Title
Dept/ Agency: Economic and Housing Development Department
Action: ( ) Ratifying (X) Authorizing (X) Amending
Type of Service: Lease Agreement
Purpose: Authorize Execution of Addendum to the Lease Agreement between Williams Scotsman, Inc. and the City of Newark and Authorize Payment Pursuant to Lease Agreement
Entity Name: Williams Scotsman, Inc.
Entity Address: 4646 E. Van Buren Street, Phoenix, Arizona 85008
Contract Amount: N/A
Funding Source:
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a
List of Property:
(Address/Block/Lot/Ward)
128-134 Irvine Turner Blvd/Block 2551/Lots 1 and 38/Central Ward
body
WHEREAS, the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1, et seq., as amended and supplemented (the "Act"), authorizes municipalities to participate in the redevelopment and improvement of areas that are in need of redevelopment or rehabilitation; and
WHEREAS, in order to stimulate the reinvigoration of the City, by Resolution 7RDO(AS) adopted by the Municipal Council on June 15, 2005, the entire City of Newark (the "City") was designated as an area in need of rehabilitation pursuant to the Act; and
WHEREAS, Resurgent Builders, LLC ("Redeveloper") is the owner of the property located at 128-134 Irvine Turner Boulevard, Newark, New Jersey, and identified on the Tax Maps of the City of Newark as Block 2551, Lots 1 and 38 (the "Property"); and
WHEREAS, Redeveloper and WillScot entered into an agreement in which Redeveloper agreed to lease modular buildings from WillScot for a monthly fee; and
WHEREAS, the modular buildings were placed on the Property to be used as the First Precinct for the Newark Police Department; and
WHEREAS, a dispute as to payment arose between Redeveloper and ...
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