Title
AN ORDINANCE APPROVING THE CONVEYANCE OF A PERMANENT EASEMENT OVER CITY OF NEWARK PUBLIC RIGHT-OF-WAY ON INTERNATIONAL WAY AND UNDER THE HAYNES AVENUE BRIDGE AS INDICATED IN THE "ACQUISITION MAP" AS PARCEL 5.2 TO THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY, PURSUANT TO N.J.S.A. 40A:12-13(b)(4), FOR THE SUM OF $1.00.
No Action Taken 8-d 111323
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WHEREAS, the City of Newark (the "City") is the owner of the public rights located on International Way and under the Haynes Avenue Bridge, City of Newark, Essex County, New Jersey; and
WHEREAS, the Port Authority of New York and New Jersey (the "PANYNJ") seeks to acquire a permanent easement of Parcel 5.2 (the "Property"); and
WHEREAS, the City has negotiated the Newark Liberty International Airport AirTrain Replacement Program Agreement (the "Agreement") with PANYNJ, outlining the terms of the purchase of the Property; and
WHEREAS, the City has agreed to terminate the Hartz Mountain Industries, Inc. Permanent Easement under the Haynes Avenue Bridge, as described on Exhibit B-2, "Parcel 5.2/Hartz Easement", City of Newark, Essex County, New Jersey; and
WHEREAS, the Agreement provides for a Permanent Easement on the Property, as described in Exhibit A, "Acquisition Map"; and
WHEREAS, pursuant to Local Lands and Buildings Law, N.J.S.A. 40A:12-13(b)(4), the City is authorized to convey property that is not needed for municipal purposes without public bidding; and
WHEREAS, PANYNJ desires to acquire the easement on the Property from the City for planned construction and as such is being acquired by PANYNJ in accordance with the value of One Dollar and Zero Cents ($1.00), pursuant to N.J.S.A. 40A:12-13(b)(4).
NOW, THEREFORE, BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
SECTION 1. The City of Newark hereby authorizes that the Permanent Easement on a Portion of City-owned property as described in the Newark Liberty International...
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