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ORDINANCE OF THE CITY OF NEWARK, NEW JERSEY AUTHORIZING THE ACQUISITION, BY PURCHASE OR CONDEMNATION, OF A PORTION OF THE REAL PROPERTY LOCATED AT 50-58 JERSEY STREET, ALSO KNOWN AS BLOCK 170, LOT 20 AND BLOCK 171, LOT 40, EAST WARD, NEWARK, NEW JERSEY NOW OWNED BY 50-58 JERSEY STREET, LLC.
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WHEREAS, in accordance with N.J.S.A. 40:61-1, the City may, acquire, lay out, improve, embellish and maintain, lands by gift, purchase, devise, or condemnation, any lands suitable for public parks, squares, open spaces, playgrounds, beaches, waterfronts and places for public resort and recreation; and
WHEREAS, in accordance with N.J.S.A. 40A:12-5(a)(1) "any municipality, by ordinance, may provide for the acquisition of any real property, capital improvement, or personal property: (1) by purchase, gift, devise, lease, exchange, or condemnation;" and
WHEREAS, in accordance with N.J.S.A. 40A:12-20, the City may, "acquire, sell, lease or exchange, pursuant to this act, any real property, capital improvement or personal property in trust for, on behalf of, or as agent for, any other political subdivision or body corporate and politic of this State or the United States of America, or any department or agency thereof," upon such terms and conditions as the Governing Body of the municipality by ordinance, may adopt; and
WHEREAS, in accordance with N.J.S.A. 40:68-1, the City may acquire, by purchase or condemnation, any waterfront lands necessary or advisable for the construction of waterfront improvements, including shore and hurricane protection; and
WHEREAS, the construction of the Joseph G. Minish Passaic River Waterfront Park Flood Control Project (the "Project") in the City of Newark was authorized by the United States Congress in Section 101(a)(18) of the Water Resources Development Act of 1990; and
WHEREAS, in April 1999, the United States Department of Army ("Army") and the State of New Jersey (the "State") entered into a Project C...
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