Title
AN ORDINANCE RATIFYING AND AUTHORIZING THE EXECUTION OF A LEASE AGREEMENT BETWEEN THE LEAGUERS, INC., LANDLORD, AND THE CITY OF NEWARK, TENANT, FOR THE LEASING OF THE PREMISES COMMONLY KNOWN AS 731 CLINTON AVENUE, NEWARK, NEW JERSEY 07108, (SOUTH WARD), BLOCK 3010, LOT 43, FOR THE SUM OF $59,596.44 PER YEAR FOR A TWELVE (12) MONTH PERIOD BEGINNING JANUARY 1, 2014 AND ENDING DECEMBER 31, 2014.
No Action Taken, June 18, 2014
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WHEREAS, the premises commonly known as 731 Clinton Avenue, Newark, New Jersey 07108, Block 3010, Lot 43, on the Official Tax Maps and Tax Duplicate (year 2012) of the City of Newark, New Jersey (the "Property") is needed by the City of Newark Department of Child and Family Well-Being for use as a Senior Citizen Center; and
WHEREAS, the City of Newark, Tenant, and The Leaguers, Inc., Landlord, desire to enter into a lease agreement for the Property, for the period beginning January 1, 2014 and ending December 31, 2014 for the sum of $59,596.44; and
WHEREAS, presently an amount of $14,899.11 is available and certified for this lease and the Director of Engineering desires to extend the lease to its full amount of $59,596.44 when balance of funds in the amount of $44,697.33 are certified and a copy of the Certification of Funds is filed in the Office of the City Clerk.
NOW, THEREFORE, BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
Section 1. The Mayor and/or his designees, the Director of the Department of Child and Family Well-
Being and the Business Administrator of the City of Newark, are, hereby authorized to enter into the lease agreement, on behalf of the City of Newark, Tenant, with The Leaguers, Inc., Landlord, for the leasing of the premises commonly known as 731 Clinton Avenue, Newark, New Jersey 07108, Block 3010, Lot 43, pursuant to N.J.S.A. 40:60-25.51, for the period of January 1, 2014 through December 31, 2014.
Section 2. The Municipal Cou...
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