Title
AN ORDINANCE AUTHORIZING THE PRIVATE SALE AND CONVEYANCE OF CERTAIN CITY-OWNED PROPERTIES TO THE NEW JERSEY SCHOOLS DEVELOPMENT AUTHORITY FOR NOMINAL CONSIDERATION PURSUANT TO THE PROVISIONS OF N.J.S.A. 40A:12-13(b)(1), TO FACILITATE THE DEVELOPMENT AND CONSTRUCTION OF THE NEW UNIVERSITY HIGH SCHOOL.
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WHEREAS, the City of Newark (the "City") is the owner of the properties located at 27-29 Dewey Street and 26 Hobson Street, Newark, New Jersey and identified on the official tax map of the City as Block 3059, Lot 19, and Block 3059, Lot 33 (collectively, the "Properties"), subject to existing easements, which are not needed for public use; and
WHEREAS, pursuant to the Educational Facilities Construction and Financing Act, N.J.S.A. 52:18A-235 et seq., the New Jersey Schools Development Authority (“NJSDA”) is responsible for the undertaking of school facilities projects in NJSDA Districts, including the Newark Public School District, and is authorized pursuant to N.J.S.A. 52:18A-238, to acquire lands determined to be reasonably necessary for a school facilities project; and
WHEREAS, the NJSDA and the Newark Public Schools are undertaking the development and construction of the New University High School, consisting of a new three-story school facility serving students in grades nine (9) through twelve (12), to be constructed upon an approximately five-acre site consisting of multiples lots in the South Ward of the City of Newark(“Project”) located in the vicinity of the Properties;
WHEREAS, NJSDA has indicated that the Properties are necessary for the development of recreational facilities for use in connection with the Project; and
WHEREAS, pursuant to N.J.S.A. 40A:12-13(b)(1), a municipality may, by ordinance, authorize the private sale and conveyance of municipal property not needed for municipal use to any political subdivision, agency, department, commission, board or body corporate and politic of the State of New Jersey or to any interstate ...
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