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AN ORDINANCE RATIFYING AND AUTHORIZING THE MAYOR AND/OR HIS DESIGNEE, THE DIRECTOR OF THE DEPARTMENT OF HEALTH AND COMMUNITY WELLNESS, TO ENTER INTO AND EXECUTE A LEASE AGREEMENT WITH UNIVERSITY HOSPITAL, A BODY CORPORATE AND POLITIC OF THE STATE OF NEW JERSEY, 150 BERGEN STREET, NEWARK, NEW JERSEY 07101 (LANDLORD), FOR THE PROPERTY LOCATED AT 140 BERGEN STREET, BLOCK 211, LOT 1, PORTION OF LEVEL E, (CENTRAL WARD) FOR THE PERIOD COMMENCING ON MARCH 1, 2019, AND TERMINATING ON FEBRUARY 29, 2020, FOR AN ANNUAL RENT OF $147,325.92, FOR USE AS AN AMBULATORY CARE FACILITY.
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WHEREAS, the City of Newark, Department of Health and Community Wellness, is in need of leasing a portion of Level E of the premises commonly known as 140 Bergen Street, Block 211, Lot 1, (Central Ward) (the "Leased Premises"), on the Official Tax Maps of the City of Newark, New Jersey, for public utilization as an Ambulatory Care Facility; and
WHEREAS, the City's Department of Health and Community Wellness ("Tenant") and University Hospital ("Landlord"), desires to enter into a lease agreement for the Leased Premises for the period of March 1, 2019 through February 29, 2020, for the sum of One Hundred Forty-Seven Thousand Three Hundred Twenty-Five Dollars and Ninety-Two Cents ($147,325.92); and
WHEREAS, a Certification of Funds is available to lease the space for the period of March 1, 2019 through February 29, 2020, and a copy of the Certification of Funds shall be 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 designee, the Director of the Department of Health and Community Wellness, are hereby authorized to execute and enter into a Lease Agreement (hereinafter "Lease Agreement") in the form attached hereto, on behalf of the City of Newark ("Tenant") with University Hospital ("Landlord"), 150 Bergen Street, Ne...
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