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AN ORDINANCE RATIFYING AND AUTHORIZING THE MAYOR OF THE CITY OF NEWARK 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 07103, FOR THE PROPERTY LOCATED AT 140 BERGEN STREET, NEWARK, NEW JERSEY 07103, BLOCK 211, LOT 1, PORTION OF LEVEL E, (CENTRAL WARD), FOR THE PERIOD OF ONE (1) YEAR, COMMENCING ON MARCH 1, 2022 AND TERMINATING ON FEBRUARY 28, 2023, FOR THE ANNUAL RENT OF ($122,330.60), 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 (the "Leased Premises"), on the Official Tax Map of the City of Newark, New Jersey, for public utilization as an Ambulatory Care Facility; and
WHEREAS, the City of Newark, Department of Health and Community Wellness ("Tenant") and University Hospital ("Landlord"), desires to enter into a lease agreement (hereinafter "Lease Agreement") for the Leased Premises for the period of one (1) year, commencing March 1, 2022 through February 28, 2023, for the annual sum of One Hundred Twenty-Two Thousand Three Hundred Thirty Dollars and Sixty Cents ($122,330.60); and
WHEREAS, a Certification of Funds is available to lease the space for the period of March 1, 2022 through February 28, 2023, 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 enter into and execute the Lease Agreement (HEREINAFTER "Lease Agreement"), in the form attached hereto, o...
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