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ORDINANCE 2014 -10 Acquisition of Property

Adopted: April 15, 2014

AN ORDINANCE TO AUTHORIZE THE ACQUISITION OF REAL PROPERTY IN AND BY THE BOROUGH OF POINT PLEASANT BEACH, OCEAN COUNTY, NEW JERSEY


WHEREAS, the Governing Body of the Borough of Point Pleasant Beach has determined it is in the public interest to acquire property located at 1 Ocean Avenue, in the Borough of Point Pleasant Beach, also know as Lot 44, Block 176, as shown on the current tax map of the Borough of Point Pleasant Beach, together with all buildings, improvements and fixtures located thereon and all rights, privileges and appurtenances thereto; and

WHEREAS, the Governing Body will finance this purchase through the sale of bonds pursuant to N.J.S.A. 40A:2-1 et. seq.

NOW THEREFORE BE IT ORDAINED by the Governing Body of the Borough of Point Pleasant Beach, County of Ocean and State of New Jersey as follows:
Section 1. The Governing Body of the Borough of Point Pleasant Beach hereby determines that it is in the public interest to acquire real property and improvements thereon located at 1 Ocean Avenue, in the Borough of Point Pleasant Beach, also known as Lot 44, Block 176, as shown on the current tax map of the Borough of Point Pleasant Beach.
Section 2. The Borough of Point Pleasant Beach be, and hereby is, authorized in accordance with the provisions of the Local Lands and Buildings Law, N.J.S.A. 40A:12-1 et seq., to acquire the property located at 1 Ocean Avenue, in the Borough of Point Pleasant Beach, also known as Lot 44, Block 176, as shown on the current tax map of the Borough of Point Pleasant Beach, together with all buildings, improvements and fixtures located thereon and all rights, privileges and appurtenances pertaining thereto.
Section 3. Upon enactment of the appropriate bond ordinance as required by N.J.S.A. 40A:2-1 et. seq. the Borough is hereby authorized to expend the proceeds of the bond to acquire the above described real property and for site improvements thereon.
Section 4. The Administrator is hereby authorized and directed to execute such documents as are determined to be necessary by the Borough Attorney to accomplish the above purposes, including a contract or contracts. The Borough Administrator is hereby authorized to take such actions as may be necessary to complete the acquisition of said property.
Section 5. This Ordinance shall take effect immediately upon its final passage and publication as required by law.
NOTICE
NOTICE IS HEREBY GIVEN that the foregoing Ordinance was introduced and passed on first reading at the regular meeting of the Borough Council of the Borough of Point Pleasant Beach, in the County of Ocean, held on the 1st day of April, 2014 and will be considered for second reading and final passage at the regular meeting of said governing body to be held on the 15th day of April 2014 at 7:30 p.m. in the Council Chambers, Borough Hall, 416 New Jersey Avenue, Point Pleasant Beach, New Jersey at which time and place any person desiring to be heard will be given an opportunity to be so heard.


______________________________
MARYANN ELLSWORTH, Clerk


Published April03, 2014 | New Ordinances | 1836


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