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WHEREAS, the Township of Jackson is the owner of Block 21901, Lot 18 and Block 21913, Lot 3, which are undersized lots under the current ordinances of the Township; and
WHEREAS, it is the desire of the governing body to sell said property; and
WHEREAS, the Township Appraiser has established $9,500.00 as the fair market value for Block 21901, Lot 18 and $3,000.00 as the fair market value for Block 21913, Lot 3 property; and
WHEREAS, N.J.S.A. 40A:12-13.2 requires the Township to first offer said property to the adjoining property owners for purchase; and
WHEREAS, there is only one adjoining property owner and they were duly notified of the asking price of $9,500.00 for Block 21901, Lot 18 and $3,000.00 for Block 21913, Lot 3; and
WHEREAS, the adjoining property owner, CDR Whitesville, LLC has agreed to purchase Block 21901, Lot 18, from the Township of Jackson for the sum of $9,500.00 and to purchase Block 21913, Lot 3 for $3,000.00; and
WHEREAS, N.J.S.A. 40A:12-13(b)(5) provides for the authorization of said transfer of property by ordinance.
NOW, THEREFORE, BE IT ORDAINED, by the governing body of the Township of Jackson, County of Ocean, State of New Jersey, as follows:
SECTION 1. That in accordance with the requirements of N.J.S.A. 40A:12-13(b)(5), the governing body does hereby authorize the sale of Block 21901, Lot 18 and Block 21913, Lot 3, to CDR Whitesville, LLC, said property being undersized, and the adjoining property owner, CDR Whitesville, LLC, having agreed to purchase said property for the fair market value of said property.
SECTION 2. That the Mayor and Township Clerk are hereby authorized to execute any and all documents to transfer title to Block 219101, Lot 18 to CDR Whitesville, LLC, for the sum of $9,500.00 and to transfer title to Block 21913, Lot 3 for the sum of $3,000.00. CDR Whitesville, LLC, shall be responsible for the payment of the Township's costs in conveying said property (i.e. attorneys' fees, publication costs, recording fees and appraisal fees).
SECTION 3. A condition of the transfer of Block 21901, Lot 18 and Block 21913, Lot 3, to CDR Whitesville, LLC, is that this property must be consolidated with the adjoining property, currently owned by CDR Whitesville, LLC.
SECTION 4. This ordinance shall take effect after second reading and publication as required by law.
NOTICE IS HEREBY GIVEN that the foregoing ordinance was introduced and passed on first reading at a regular meeting of the Township Council of the Township of Jackson, in the County of Ocean, State of New Jersey, held on November 25, 2008, and will be considered for second reading and final passage at the regular meeting of said Governing Body to be held on the 9^{th} day of December, 2008, at 7:30 p.m., or as soon thereafter as this matter can be reached, at the meeting room of the Municipal Building located at 95 W. Veterans Highway, Jackson, New Jersey, at which time all persons interested shall be given an opportunity to be heard concerning this ordinance.
DATED: 12-9-08
ANN MARIE EDEN, RMC TOWNSHIP CLERK
46-08
TITLE: BOND ORDINANCE AMENDING IN PART BOND ORDINANCE NO. 17-07 ADOPTED ON MAY 22, 2007, PROVIDING FOR THE ACQUISITION OF REAL PROPERTY AND THE DEVELOPMENT AND IMPLEMENTATION OF