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AN ORDINANCE RATIFYING AND AUTHORIZING THE MAYOR OF THE CITY OF NEWARK AND/OR HIS DESIGNEE, THE BUSINESS ADMINISTRATOR, TO ENTER AND EXECUTE A LEASE AGREEMENT WITH AIRPORT HOTEL NORTH, LLC d/b/a HOLIDAY INN NEWARK INTERNATIONAL AIRPORT NORTH, FOR THE PROPERTY LOCATED AT 160 FRONTAGE ROAD, NEWARK, NEW JERSEY 07114, BLOCK 5088, LOT 172 AND 174 FOR THE PERIOD OF OCTOBER 1, 2021 THROUGH JANUARY 31, 2022, FOR A TOTAL RENT AND ADDITIONAL RENT IN AN AMOUNT NOT TO EXCEED $932,300.00 FOR HOUSING FOR THE HOMELESS TO COMBAT COVID-19 PUBLIC HEALTH EMERGENCY.
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WHEREAS, Airport Hotel North, LLC D/B/A Holiday Inn Newark International Airport North (the "Landlord") is the owner in fee simple of the land located at 160 Frontage Road, Newark, New Jersey 07114 (the "Land") and improvements, consisting of 409 hotel rooms within a ten (10) story hotel building, located at 160 Frontage Road, Newark, New Jersey 07114, as more particularly described as Block 5088, Lot 172 and174 on the Official Tax Map of the City of Newark, County of Essex, State of New Jersey (herein referred to as the "Hotel"); and
WHEREAS, on April 4, 2020 the City's Purchasing Agent signed an Emergency Declaration whereby the City and Landlord entered into a lease agreement for the period of April 6, 2020 through June 25, 2020 setting forth the terms and conditions for the City's use of three hundred twenty-five (325) rooms in the Hotel for the City of Newark healthcare purposes, which uses include, but are not limited to, providing rapid rental housing services to NON-COVID-19 Positive Patients in order to continue to stem the spread of the COVID-19 pandemic and its impact on the homeless, senior population and any other vulnerable population (the "Purpose"); and
WHEREAS, on July 8, 2020 the Municipal Council adopted Ordinance 6PSF-e authorizing the City to enter into a lease agreement with Landlord to lease three hundred twenty-five (325) rooms in the Hotel for the above Purpose, ...
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