Title
ORDINANCE RATIFYING AND AUTHORIZING THE MAYOR AND/OR HIS DESIGNEE THE DIRECTOR OF ENGINEERING TO ENTER INTO AND EXECUTE A LEASE AGREEMENT WITH JACOB SINGLETON, LANDLORD, FOR THE PREMISES COMMONLY KNOWN AS 1049 BERGEN STREET, NEWARK, NEW JERSEY 07112, (BLOCK 3661, LOT 1), FOR THE TERM OF AUGUST 1, 2012 TO JULY 31, 2014, FOR THE SUM OF $33,600.00, ($1,400.00 PER MONTH), FOR USE AS A MINI-POLICE PRECINCT.
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WHEREAS, the City of Newark is a non-profit corporation of the State of New Jersey, has tax exempt status with respect to the State of New Jersey and the federal government; and
WHEREAS, Jacob Singleton owns the premises commonly known as 1049 Bergen Street, Block 3661, Lot 1, on the Official Tax Map and Tax Duplicates of the City of Newark; and
WHEREAS, the City of Newark, Department of Engineering, wishes to enter into a Lease Agreement with Jacob Singleton, for the premises located at 1049 Bergen Street, Newark, New Jersey 07112,Block 3661, Lot 1, for a period beginning on August 1, 2012 and ending on July 31, 2014.
NOW, THEREFORE, BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Mayor and/or his designee the Director of Engineering are hereby authorized to enter into a Lease Agreement, in the form attached hereto, on behalf of the City of Newark, Tenant, with Jacob Singleton, Landlord, for the premises commonly known as 1049 Bergen Street, Newark, New Jersey 07112, Block 3661, Lot 1, pursuant to N.J.S.A. 40:60-25.51, for the period beginning on August 1, 2012 and ending on July 31, 2014.
2. This Lease Agreement is ratified from August 1, 2012 until the date of adoption of this authorizing Ordinance.
3. The City of Newark shall, as consideration for the said Lease Agreement, pay the Landlord an annual rent of $16,800, for a total not to exceed sum of $33,600.00, to be paid in 24 equal installments of $1,400.00 due on the first day of each month.
4. The City of Newark is also responsible for the mon...
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