Title
ORDINANCE AUTHORIZING THE CITY OF NEWARK TO ACQUIRE THE PROPERTY LOCATED AT 52-54 SECOND AVENUE, AS IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK AS BLOCK 560, LOT 2.01, FOR THE PURCHASE PRICE OF $230,000.00, PLUS ANY NECESSARY ADJUSTMENTS, FOR TAXES AND ANY NORMAL CUSTOMARY CLOSING COST, INCLUDING ATTORNEY’S FEES, WHICH SHALL NOT EXCEED $10,000.00 (CITY MUST PROVIDE TEMPORARY HOUSING TO FAMILIES DISPLACED UPON FINDING OF LEAD ABOVE PERMITTED LEVELS IN THEIR HOMES WHILE CITY REMOVES SUCH LEAD).
Invitation: Director of Child & Family Well-Being, May 1, 2012
body WHEREAS, pursuant to the Local Lands and Buildings Law (N.J.S.A. 40A:12-1 et seq.) the City of Newark is permitted to acquire real property for the performance of its functions or other public purposes; and
WHEREAS, pursuant to a grant received from the Kresge Foundation, the City must provide temporary housing to families displaced upon a finding of lead above permitted levels in their homes while the City removes such lead; and
WHEREAS, the City, through the Department of Family and Child Well-Being, has determined that the property commonly known as 52-54 Second Avenue, as shown on the official tax map of the City of Newark as Block 560,Lot 2.01 (the “Property”) would be suitable for this purpose; and
WHEREAS, through negotiations the current owners, MARIA PETRA MARIA AND BUITRAGO CRESPO , whose address is 52-54 Second Avenue, Newark, NJ, have agreed to sell the Property to the City for the purchase price of $230,000.00 (the “Purchase Price”); and
WHEREAS, the Municipal Council feels that the acquisition of the Property for the Purchase Price set forth above is in the best interests of the City.
NOW, THEREFORE BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Mayor, or his designee, the Director of the Department of Child and Family Well-Being is hereby authorized to enter into a contract with PETRA MARIA PETRA AND BUITRAGO CRESPO...
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