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AN ORDINANCE APPROVING THE PRIVATE SALE OF CITY OWNED PROPERTY LOCATED WITHIN TAX BLOCK 5001.01, LOT 3, ALSO DESCRIBED AS PARCEL 105A AND EASEMENTS E105B, E105C, E105D AND UER105E AS INDICATED ON THE ATTACHED AGREEMENT AND MAP ENTITLED "PARCELS 105A, E105B, E105C, E105D AND UER105E" TO THE STATE OF NEW JERSEY DEPARTMENT OF TRANSPORTATION, FOR THE COMPLETION OF PULASKI SKYWAY, IN ACCORDANCE WITH N.J.S.A. 40A:12-13 (b)(1), FOR THE SUM OF SIXTEEN THOUSAND, SIX HUNDRED DOLLARS AND ZERO CENTS ($16,600.00). (EAST WARD)
PUBLIC HEARING WILL BE HELD ON THE SPECIAL MEETING OF TUESDAY, APRIL 10, 2018.
Deferred 6PSF-c 040418
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WHEREAS, the City of Newark is the owner of property located at Tax Block 5001.01, Lot 3, also known as the former bed of the Morris Canal; and
WHEREAS, the Parcels are located beneath the existing elevated ramp from the Pulaski Skyway to Raymond Boulevard near the entrance to the PSE&G substation and Covanta Essex co-generation plant; and
WHEREAS, the New Jersey Department of Transportation (NJDOT) desires to acquire a portion of said lot and associated easements from the City of Newark for the completion of the Pulaski Skyway rehabilitation project by purchasing the portion and associated easements by private sale for the appraised value of Sixteen Thousand, Six Hundred Dollars and Zero Cents ($16,600.00), pursuant to N.J.S.A. 40A:12-13 (b)(1); and
WHEREAS, the City has negotiated an Agreement of Sale (annexed hereto as Exhibit "A") with NJDOT governing the terms of the conveyance of the portion of the lot and easements; and
WHEREAS, the portion and easements to be conveyed are described as Parcel 105A (570 square feet), Easement Parcels E105B, E105C, E105D and UER105E (2,790 square feet total) on the map annexed to the Agreement entitled "Parcels105A, E105B, E105C, E105D and UER105E" (the Properties"); and
WHEREAS, NJDOT has provided an appraisal dated June 13, 2017, and annexed heret...
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