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    City Clerk File No.Agenda No.Agenda No.

    Ord. 10-0823.A 1st Reading

    2nd Reading & Final Passage

    ORDINANCEOFJERSEY CITY, N.J.COUNCIL AS A WHOLEoffered and moved adoption of the following ordinance:

    CITY ORDINANCE 10-082TITLE: ORDINANCE OF THE MUNICIPAL COUNCIL OF THE CITY OF JERSEY CITY ADOPTINGAMENDMENTS TO THE CLAREMONT REDEVELOPMENT PLAN PERMITTINGRECREATION AND ENTERTAINMENT USES

    WHEREAS, the Municipal Council of the City of Jersey City, adopted the Claremont Redevelopment Plan atits meeting of Oecember 4, 1984; andWHEREAS, the Local Redevelopment and Housing Law, NJSA 40A:12A-let seq. permits municipalities toadopt and amend regulations dealing with areas declared to be in need of redevelopment; andWHEREAS, the Municipal Council seeks to permit recreation and entertainment uses in the Plan area; andWHEREAS, a copy of the amended text is attached hereto and made a par hereof, and is available for publicinspection at the Offces of the City Clerk, City Hall, 280 Grove Street, Jersey City, NJ.; andWHEREAS, the following amendments to the Claremont Redevelopment Plan have been reviewed by theJersey City Planning Board at its meeting of June 15,2010; andWHEREAS, the Planing Board voted unanimously to recommend adoption of these amendments by theMunicipal Council;NOW, THEREFORE, BE IT ORDAINED by the Municipal Council of the City of Jersey City that therecommended amendments to the Claremont Redevelopment Plan be, and hereby are, adopted.BE IT FURTHER ORDAINED THAT:A. All ordinances and par of ordinances inconsistent herewith are hereby repealed.B. This ordinance shall be a par of the Jersey City Code as though codified and set forth fully herein.

    The City Clerk shall have this ordinance codified and incorporated in the offcial copies of the JerseyCity Code.

    C. This ordinance shall take effect at the time and in the maner as provided by law.O. The City Clerk and the Corporation Council be and they are hereby authorizd and directed to changeany chapter numbers, aricle numbers and section numbers in the event that the codification of thisordinance reveals that there is a conflct between those nmbers and the existing code, in order toavoid confusion and possible repealers of existing provisions.

    E. The City Clerk is hereby directed to give notice at least ten days prior to hearing on the adoption of thisOrdinance to the County Planing board and to all other persons entitled thereto pursuant to N.J.S.40:550-15 and N.J.S. 40:550-63 (if required). Upon the adoption of this Ordinance afer publichearing thereon, the City Clerk is further directed to publish notice of the passage thereof and to fie acopy of the Ordinance as finally adopted with the Hudson County Planing Board as required byN.J.S.40:550-16. The clerk shall also forthwith transmit a copy of this Ordinance after fmal passageto the Municipal Tax Assessor as required by N.J.S. 40:49c2.

    APPROVED AS TO LEGAL FORM'c z: ~ APPROVED:Corporation Counsel -Certifcation Required 0Not Required 0

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    Date Submitted to B.A.ORDINANCE FACT SHEET1. FuII Title of Ordinance:

    ORDINANCE OF THE MUNICIPAL COUNCIL OF THE CITY OF JERSEY CITY ADOPTINGAMENDMENTS TO THE CLARMONT REDEVELOPMENT PLAN PERMITTINGRECREATION AND ENTERTAIMENT USES2. Name and Title of Person Initiating the Ordinance, etc.:

    Carl Czaplicki, Director, Department of Housing, Economic Development and Commerce3. Concise Description of the Program, Project or Plan Proposed in the Ordinance:

    This amendment wil permit recreation and entertinment uses in the industrial subdistrict of theClaremont Redevelopment Plan area and provides parking and sign standards for such uses.4. Reasons for the Proposed Project:

    To permit additional uses for currently vacant warehouse buildings and provide a location forrecreation and entertaiiunent uses.S. Anticipated Benefits to the Community:

    This amendment wil provide a quality location for recreation and entertainent uses.6. Cost of Proposed Program, Project, etc.: $0.00, all work was done in house7. Date Proposed Program or Project wil commence: Upon Adoption8. Anticipated Completion Date: N/A9. Person Responsible for Coordinating Proposed Program, Project, etc.:

    Robert D. Cotter, Director, City PlaningJeff Wenger, City Plang 547-5050547-5453

    10. Additional Comments: NoneI Certfy that alI the Facts Presented Herein are Accurate.4~ c: . ~AI~ 1(:,20/ivision Director Date

    it!Jre I?-O)oDate 7 I

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    SUMMARY STATEMENT

    ORDINANCE OF THE MUNICIPAL COUNCIL OF THE CITY OF JERSEY CITY ADOPTINGAMENDMENTS TO THE CLARMONT REDEVELOPMENT PLAN PERMITTINGRECREATION AND ENTERTAINMENT USES

    The amendment wil permit recreation and entertainment uses in theindustrial subdistrict of the Claremont Redevelopment Plan and provides for .parking and sign standards for this use.

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    C. CDverage-

    The maximum amount of land covered by buildings shall not exceed seventy percent(70%).

    D. Parking - minimum requirements1. One (1) space per four hundred (400) square feet for offices;2. One (1) space per five thousand (5000) square feet for warehouses;3. One (1) space per one thousand (1000) square feet for manufacturing andlaboratories. However, a developer may present a parking needs analysisprepared by a Professional Engineer or Planner in lieu of strict adherence to theabove requirements. Upon presentation of such analysis the Planning Boardmay reduce the requirement for a particular development.4. 0.8 space per one thousand (1000) squarefeetfor recreation and

    entertainment uses. However, a developer may present a parking needsanalysisprepared by a Professional Engineer or Planner in lieu of strictadherence to the above requirements. Upon presentation of such analysis thePlanning Board may reduce the requirement for a particular development.E. Building Height -

    Maximum building height permitted shall be sixty (60) feet except on the south sideof Caven Point Road east of Commercial Street to the nort side of the Turnpikeright-of-way where the maximum building height permitted shall be seventy (70) feetas measured from the finished floor to the average roof pitch (not including rooftopmechanicals or mechanical sheds).

    F. Yards-Principal strcture may be located up to any street line.

    G. Landscaping -

    A minimum of fifteen percent (15%) of any lot area shall be landscaped. Thisamount may be reduced on site provided the applicant can demonstrate that landconstraints such as, but not limited to, topography, environmental hazards and/or lotconfiguration exist and provided that an equivalent amount of off site landscaping beprovided by the applicant at the discretion of the Planing Board.

    H. Signs-

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    Each building shall be permitted no more than two (2) signs; a primary and asecondary sign. The primary sign shall not exceed 100 square feet or 10 percent ofthe area of the front of the building, whichever is less. Signs shall be encouraged tobe attached to the building, and in no case shall a sign be located in a required setbackarea. Thesign may be internally or externally iluminated but no glare from externalproject identification sign may be located at each entrance of an industrial parkproviding that such does not exceed sixty (60) square feet in area.Recreation and entertainment uses greater than 60,000 square feet are permittedone additional single free standing sign not to exceed 200 square feet in area andnot to exceed twenty (20) feet above the adjacent turnpike road surface, built on aremovable structure that is required to be removed when the entertainment orrecreation use is vacated. The Planning Board may require b011ding to assurecompliance with this requirement Such signs may be externally lighted with down, lights. No external upward glare shall be allowed to escape from the lightingfixtures to prevent "sky-glow."

    1. Loading-1. Manufacturing, Warehouses and Laboratories:

    Gross Floor Area Number ofOffstreetLoading SpacesLess than 10,000 square feet 1 SpaceEach additional 20,000 square feet 1 SpaceFeet up to 100,000 square feetEach additional 40,000 square feet 1 Space;

    2. Offices: Number ofOffstreetGross Floor Area Loading SpacesLess than 25,000 square feet o Space25,000 to 100,000 square feet 1 SpaceEach additional 100,000 square feet 1 Space;

    Adequate provisions shall be made for the maneuvering of all vehicles.

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    City Clerk File No. Ord. 10-083.Agenda No.

    Agenda No.3.B 1st Reading

    2nd Reading & Final Passage

    ORDINANCEOFJERSEY CITY, N.J.COUNCIL AS A WHOLEoffered and moved adoption of the following ordinance:

    CITY ORDINANCE 10":083TITLE: ORDINANCE AUTHORIZING THE EXECUTION OF A RIGHTS OF WAY USEAGREEMENT BETWEEN THE CITY OF JERSEY CITY AND LEXENTMETRO CONNECT, LLC TO PERMIT THE INSTALLATION OF FIBER OPTICCABLING THROUGH EXISTING INNERDUCTS LOCATED IN EXISTINGUNDERGROUND CONDUITS WITHIN CERTAIN PUBLIC RIGHTS OF WAYFOR PURPOSES OF PROVIDING TELECOMMUNICATION SERVICES

    THE MUNICIPAL COUNCIL OF THE CITY OF JERSEY CITY HEREBY ORDAINS:

    WHEREAS, Lexent Metro Connect, LLC (Lexent), 90 White Street, New York, New York, is atelecommunications carrier authorized to provide services such as dark fiber connectivity and high speed datatransmission by the New Jersey Board of Public utilities (BPU) and the Federal Communications Commission(FCC); and

    WHEREAS, Lexent has requested that the City of Jersey City (City) grant it permission to run fiberoptic cabling though existing innerducts located in existing underground conduits located in the public rightsof way for the purpose of ins taIlng, operating, repairig, and maintaining a telecommunications system (Project);

    andWHEREAS, Lexent agrees to execute the fort (40) year Rights of Way Use Agreement that is attched

    hereto; andWHEREAS, Lexent agrees to pay the City $1,500.00 to cover the admistrative expenses incurred by

    the City for engineering and legal review of Lexents Project; andWHEREAS, N.J.S.A. 48: i 7-10 and N.J.S.A. 40:67- i authorize the City to grant municipal consent for

    public utility lines in its public rights of way; andWHEREAS, it is deemed to be in the best interest of the City and its citizenr, particularly its

    commercial and industral citizens, for the City to grant consent to Lexent to use the public rights of waywithin the City; and

    WHEREAS, the granting of such consent is conditioned upon Lexent s compliance with all existing Cityordinances and its execution of the attched Rights of Way Use Agreement; and

    WHEREAS, Lexent agrees to inderrify, defend and hold the City harmless as to all claims and

    L'10092

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    Continuation of City Ordinance , page

    liability resulting from any injury or damage which may arise from the installation, operation, repair, andmaintenance of its telecommunications system within certin public rights of way and provide liability insurancecoverage for personal injury and propert damage.

    NOW, TREREFORE, BE IT ORDAIED BY THE GOVERNING BODY OF THE CITY OFJERSEY CITY THAT:

    i. Non-exclusive consent is hereby granted to Lexent to use certin public rights of way within the

    City Jor the purpose of installation, operation, repair, and maintenance of a telecommunicationssystem for a period of fort (40) years, subject to the mutual covenants and obligations as setforth in the Rights of Way Use Agreement attched hereto;

    2. The within grnted permission is conditioned upon Lexents executing the Rights of Way UseAgreement attched hereto and providing liability and propert damage insurance; and

    3. The Mayor or Business Administrator is authorized to execute the attched Rights of Way UseAgreement or such substantially similar agreement as approved by the City's CorporationCounseL.

    B. All ordinances and parts of ordinances inconsistent herewith are hereby repealed.

    C. The City Clerk shall have this ordinance codified and incorporated in the officialcopies of the Jersey City Code.D. This ordinance shall take effect at the time and in the maner as provided by law.E. The City Clerk and the Corporation Counsel may change any chapter numbers,article numbers and section numbers if codification of this ordinance reveals a conflctbetween those numbers and the existing code, in order to avoid confusion and possibleaccidental repealers of existing provisions.

    Note: New matter is underlined.For purposes of advertising only, new matter is indicated by boldface and repealedmatter by italic.RR6-16-10

    APPROVED:PPROVED ~ tEeM? . -- APPROVED:Corporation CounselCertification Required 0Not Required 0

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    RIGHTS OF WAY USE AGREEMENT..THIS RlGHTS OF WAY USE AGREEMENT ("Use Agreement") is dated

    (The "Effective Date"), and entered into by and between the City of JerseyCity ("City"), a New Jersey municipal corporation, having its address at 280 Grove Street, JerseyCity, New Jersey 07302, and Lexent Metro Connect, LLC ("Lexent"), with offices located at 90White Street, New York, New York.

    RECITALSWHEREAS, Lexent is a telecommunications carrier authorized to provide services such

    as dark fiber connectivity and high speed data transmission by the New Jersey Board of Publicutilities (BPU) and the Federal Communications Commission (FCC); and

    WHEREAS, Lexent has requested that the City grant it permission to ru fiber opticcabling through existing innerducts located in existing underground conduits located in thepublic rights of way for the purose of installing, operating, repairing, and maintaining atelecommunications system (Project); and

    WHEREAS, Lexent agrees to execute the fort (40) year Rights of Way Use Agreementthat is attached hereto; and

    WHEREAS, Lexent agrees to pay the City $1,500.00 to cover the administrativeexpenses incurred by the City for engineering and legal review of Lexent's Project; and

    WHEREAS, Lexent agrees to pay the City's reasonable additional administrativeexpenses incured by the City if the Project requires additional engineering and legal review; and

    WHEREAS, N.J.S.A. 48: 17- 1 0 and N.J.S.A. 40:67- 1 authorize the City to grantmunicipal consent for public utility lines in its public rights of way; and

    1

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    WHEREAS, it is deemed to be in the best interest of the City and its citizenr,paricularly its commercial and industrial citizens, for the City to grant consent to Lexent touse the public rights of way within the City; and

    WHEREAS, the granting of such consent is and shall be conditioned upon Lexentscompliance with all existing ordinances of the City and its entering into the attached Right ofWay Use Agreement with the City; and

    WHEREAS, Lexent agrees to indemnify, defend and hold the City harmless as to allclaims and liability resulting from any injury or damage which may arise from theconstruction, installation, operation, repair, maintenance, disconnect, replacement andremoval of its telecommunications system within certin public rights of way and provideliability insurance coverage for personal injury and propert damage.

    NOW, THEREFORE, in consideration of the mutual covenants and obligationshereinafter set forth, the City and Lexent hereby agree to and with each other as follows:

    Section 1: Definitionsa. "BPU" is the New Jersey Board of Public Utilities.b. "Lexent" is the grantee of rights under this Rights of Way Use Agreement

    and is known as Lexent Metro Connect, LLC, its successors and assigns.c. "City" is the grantor of rights under this Rights of Way Use Agreement

    and is known as the City of Jersey City, County of Hudson, State of NewJersey.

    d. "Public Utility" means any public utility defined in N.J.S.A. 48:2-13.

    e. "Rights of Way" means the areas devoted to passing under, over on orthrough lands with public utility facilities.

    f. "Underground Conduit" means, in addition to its commonly accepted

    2

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    meaning, any wires or cable placed therein and any replacement thereofwhich are similar in construction and use.

    Section 2: Grant of Consent.The City hereby grants Lexent its municipal consent for the non-exclusive use ofthe

    public rights of way within the City for the purose of owning, constrcting, installing, operatingand maintaining a telecommunications system, subject to the mutual covenants and obligationsas set forth in this Right of Way Use Agreement.

    Section 3: Public Purpose.

    It is deemed to be in the best interests ofthe City and its citizenr, particularly includingcommercial and industrial citizens, for the City to grant consent to Lexent to occupy said publicrights of way within the City for this purpose.

    Section 4: Project Description and Notice to and Approval of CityLexent wil be ruing fiber optic cabling though existing innerducts located in existing

    underground conduits located in the public rights of way as shown of Exhibit "A" attachedhereto. Any construction to be undertaken for the puroses described herein shall require priornotice by Lexent to the City. Lexent shall fully describe the construction to be undertken inplans and specifications submitted to the City, and shall obtain approval from, coordinate andwork with the appropriate Municipal Deparment(s) before scheduling and commencing anyconstruction.

    Section 5: Scope of Use Agreement.Any and all rights expressly granted to Lexent under this Right of Way Use Agreement,

    which shall be exercised at Lexents sole cost and expense, shall be subject to the prior andcontinuing right of the City under applicable laws to use any and all pars of the municipal rightsof way exclusively or concurently with any other person or persons, and shall be further subject

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    to all deeds, easements, dedications, conditions, covenants, restrictions, encumbrances, andclaims of title of record which may affect such municipal rights of way. Nothing in this Right ofWay Use Agreement shall be deemed to grant, convey, create or vest in Lexent a real propertinterest in land, including any fee, leasehold interest, easement or any other form of interest orownership.

    Subject to obtaining the permission ofthe owner(s) of and underground conduit, whichshall be the sole responsibility of Lexent to undertake and obtain, and subject to notice andapproval of the City as described in section 4 herein, the City hereby authorizes and permitsLexent to enter upon the municipal rights of way and to attach, install, operate, maintain, remove,reattach, reinstall, relocate and replace its telecommunications facilities, in underground conduitowned by public utility companies located within the municipal rights of way as may bepermitted by the public utility company or propert owner, as the case may be.

    Section 6: Compliance with OrdinancesLexent shall comply with all existing ordinances of the City as may be amended from

    time to time and with all futue ordinances as may be enacted.

    Section 7: Municipal CostsLexent agrees to pay to the City $1,500.00 to cover the reasonable costs incured by the

    City for engineering and/or legal review, analysis and preparation of documents related toLexents request for municipal consent to its Project. Ifthe Project requires additionalengineering and/or legal review, Lexent agrees to pay the City's reasonable administrativeexpenses that the City incurs.

    Section 8: Duration of Consent and Termination of AgreementThe non-exclusive municipal consent granted herein shall expire fort (40) years from the

    Effective Date of this Right of Way Use Agreement. Upon expiration of such consent, or at suchearlier date that Lexent ceases to maintain its facilities, it shall remove the facilities at its cost and

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    expense.The City may terminate this Right of Way Use Agreement, or require modification

    hereof, upon notice and opportunity of Lexent to be heard, where it is shown that the scope of usehereunder is compromising the health, safety and welfare of the citizenr.

    Section 9: IndemnificationLexent, its successors, assigns, sub-contractors, agents, servants, officers, employees,

    designees, guests and invitees, hereby indemnify, defend and hold harmless the City, itssuccessors and assigns, elected officials, officers, employees, servants, contractors, designees andinvitees from and against any and all claims, demands, suites, actions at law or equity orotherwise, judgments, arbitration determinations, damages, liabilities, decrees of any person( s) orentities claiming to be or being harmed as a result of Lexents actions under this Right of WayUse Agreement and costs in connection therewith. This indemnification shall specificallyinclude, but not be limited to, any and all costs, reasonable attorneys fees, court costs and anyother expenses that may be incurred by the City in connection with any and all claims, demands,suites, actions at law or equity or otherwise and/or arbitration proceedings which may arise inconnection with Lexents activities pursuant to the rights granted in this Right of Way UseAgreement.

    Other than in connection with the foregoing third-par claims indemnification, neitherthe City nor Lexent shall be liable to the other for consequential, incidental, exemplar orpunitive damages on account of any activity pursuant to the consents granted hereby.

    Section 10. NoticesAll notices or other correspondence required or permitted to be given in connection with

    this Rights of Way Use Agreement shall be in writing and delivered personally, by telecopy, byovernight carier service or by registered or certified mail to the parties at the followingaddresses:

    To Lexent at:

    5

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    With a copy to:

    To the Municipal EngineerCity of Jersey City575 Route 440Jersey City, New Jersey 07305

    With a copy to: Corporation CounselJersey City Law DepartmentCity Hall280 Grove StreetJersey City, New Jersey 07302

    Section 11. Liabilty InsuranceLexent shall at all times maintain a comprehensive liability insurance policy with a

    single amount of at least One Milion dollars ($1,000,000.00) covering liability for any death,personal injur, propert damage or other liability arising out of the construction and operationcontemplated herein, and an excess liability policy (or "umbrella") policy in the amount of FiveMilion Dollars ($5,000,000.00).

    Prior to the commencement of any work pursuant to this Right of Way Use Agreement,Lexent shall file Certificates of Insurance with the City with endorsements evidencing thecoverage provided by said liability and excess liability policies.

    The City shall notify Lexent within fifteen days (15) days after the presentation of anyclaim or demand to the City, either by suit or otherwise, made against the City on account of anyof Lexents or its sub-contractors, agents, employees, officers, servants, designees, guests andinvitees, activities pursuant to the rights granted in this Right of Way Use Agreement.

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    Section 12. Successors and Assigns.The terms and conditions herein contained shall be binding upon and inure to the

    benefit of the successors and assigns of the parties hereto.

    Section 13. Governing Law.This Agreement shall be governed by, construed and enforced in accordance with the

    laws of the State of New Jersey.

    Section 14. Incorporation of Prior Agreements.This Agreement contains the entire understanding of the paries hereto with respect to the

    subject matter hereof, and no prior other written or oral agreement or undertaking pertaining toany such matter shall be effective for any purpose.

    Section 15. Modification of Agreement.This Agreement may not be amended or modified, nor may any obligation hereunder be

    waived orally, and no such amendment, modification or waiver shall be effective for any purposeunless it is in writing and signed by the par against whom enforcement thereof is sought.

    Section 16. Invalidity.If any provision hereof shall be declared invalid by any court or in any administrative

    proceedings, then the provisions of this Agreement shall be construed in such maner so as topreserve the validity hereof and the substance of the transaction herein contemplated to the extentpossible. The headings are provided for puroses of convenience of reference only and are not intended to limit, define the scope of or aid in interpretation of any of the provisions hereof.

    Section 17. Counterparts.This Agreement may be executed and delivered in several counterpars, each of which,

    when so executed and delivered, shall constitute an original, fully enforceable counterpar for all7

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    puroses

    IN WITNESS WHEREOF, this Right of Way Use Agreement has been executedas of the date set forth below.

    Lexent Metro Connect, LLC

    Print name and title:

    Witness

    Print name and title:Dated:

    City of Jersey City

    John KellyBusiness Administrator

    Robert ByreMunicipal Clerk

    Dated:

    8

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    City Clerk File No.Agenda No.Agenda No.

    Ord. 10-0843.e 1st Reading

    2nd Reading & Final Passage

    ORDINANCEOFJERSEY CITY, N.J.COUNCIL AS A WHOLEoffered and moved adoption of the following ordinance:

    CITY ORDINANCE 10-084TITLE: ORDINANCE REMOVIG THE AFFORDABILITY RESTRICTIONS FROM: 1) ADEED DATED DECEMBER 31,1986 AN 2) A CORRCTORY DEED DATEDAUGUST 26, 1987 CONCERNING BLOCK 1986, LOT S-A ALSO KNOWN AS

    240 BERGEN AVENUE OWNED BY FAIROUNT HOUSING CORPORATIONThe Municipal Council of the City of Jersey City does ordain that:WHEREAS, the City of Jersey City (City) transferred Block 1986, Lot 5-A a/a 240 BergenAvenue (Propert) to Fairmount Housing Corporation (Fairmount) for $1.00 by Deed datedDecember 31, 1986; recorded in Deed Book 3676 at page I3 7, attched as Exhibit A to construct lowincome housing; andWHEREAS, the City of Jersey City (City) delivered a Correctory Deed for the Propert datedAugust 26, 1987, recorded in Deed Book 3824 at page 9, attched as Exhibit B; andWHEREAS, the Deeds contain the following restrictions and covenants:I. Covenants to constrct thirt-eight (38) units of rental housing on the Propert by December

    31, 1988 and immediately tent and continually re-rent such urts to persons only oflow ormoderate income and only for rent affordable to such persons for a minimum period offifteen (15) years.2. Comply with all terms and conditions contained in Ordinance C-345 of the Jersey CityMunicipal Council which Ordinance authorized the transfer.3. Any profit realized by the Fairmount from the resale of these Properties was to be appliedto the costs of acquiring and developing other City-owned Propert for residential use forlow and moderate income persons.

    WHEREAS, in addition to conveying the Propert, the City established an escrow account in theamount of$10,000 to allow Fairmount to close on a construction loan because of judgment lienswhich were recorded against the owners of the propert preceding the City tag title; and

    WHEREAS, Resolution C-2266 approved on July 14, 1987 authorized the City CorporationCounsel to set up the interest bearing escrow account with Trut Company Ban to be held by thelaw firm of Ruskin, Kors, Meltzer, Rubin, Sta & Hoberman and to remain open until thejudgment liens were discharged or canceled; andWHEREAS, Fairmount now proposes to sell the Propert for the sum of $240,000 and hasprovided the City with its payables list from the proceeds of the sale (Exhbit C); andWHEREAS, in order to sell the Propert, Fairmount requires that the City releas~ the 15 yearaffordability restrictions contained in the Deeds which has expired; and

    1:,010890

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    Continuation of City Ordinance 10-084 . page 2

    WHEREAS, the City has advised Fairmount that the release of the controls contained in theDeeds is subject to Fairmount returing the escrow monies to the "tity; andWHEREAS, Fairmount has advised the City that as a result of the law firm's subsequent merger,the escrow account became inactive and the monies escheated to the State of New Jersey; andWHEREAS, Fairmount acknowledges that the escrow monies belong to the City and has fiedan Unclaimed Propert Claim with the State of New Jersey (Exhibit D); andWHEREAS, a statement of accounts dated Februar 29, 2000 indicated that the escrow balancewas $15,429.16; andWHEREAS, Fairmount has agreed to set aside from the proceeds of the sale of the Propert thesum of$25,000, reflecting an estimated reasonable amount to be held in abeyance; andWHEREAS, Fairmount is uncertn as to when the State will retur the escrow monies to thelaw firm, so the City has suggested a period of 6 months, which may be extended upon goodcause by Fairmount; andWHEREAS, Fairmount has agreed that if they are unable to obtain the escrow monies directlyfrom the State of New Jersey, they will release from the fuds being held in abeyance the amountthat the paries determine to be owed to the City with interest to date; andWHEREAS, it is in the best interests of the City to remove the affordability controls on thePropert so that it can be sold to a private buyer in order to retur the Propert to the ta rolls.

    NOW, THEREFORE BE IT ORDAINED, by the Municipal Council of the City of Jersey Citythat:1. Block 1986, Lot 5-A also known as 240 Bergen Avenue is hereby released from all of

    the restrictions and covenants contaed in the Deed from the City of Jersey City toFairmount Housing Corporation dated December 31,1986 and recorded in Deed Book3676 at Page 137.

    2. Block 1986, Lot 5-A also known as 240 Bergen Avenue is hereby released from all ofthe restrctions and covenants contained in the Correctory Deed from the City of JerseyCity to Fairmount Housing Corporation dated August 26, 1987 and recorded in DeedBook 3824 at Page 9.

    3. Fairmount shall keep the City of Jersey City informed regarding the Unclaimed PropertClaim Inquiry for the escrow monies filed with the State of New Jersey on June 3, 2010.

    4. Fairmount shall hold in abeyance from the proceeds ofthe sale of the propert, the sum of$25,000 pending the retu of the escrow monies from the State of New Jersey.

    5. If Fairnount is unable to obtain the fuds directly from the State of New Jersey, they willrelease from the fuds being held in abeyance the amount that the paries determine to beowed to the City with interest to date.6. The Mayor is hereby authorized to execute ths Ordinance and a Nota Public notarzethe acknowledgment contained herein in accordance with law so that same may berecorded in the Hudson County Register's Offce.A. All ordinances and pars of ordinances inconsistent herewith are hereby repealed.B. This ordinance shall be a pci of the Jersey City Code as though codified and fully setforth therein. The City Clerk shall have ths ordinance codified and incorporated in the

    offcial copies of the Jersey City Code.

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    Continuation of City Ordinance 10-084 . page 3

    C. This ordinance shall take effect at the time and in the manner as provided by law.

    D. The City Clerk and the Corporation Counsel be and they are hereby authorized anddirected to change any chapter numbers, aricle munbers and section numbers in the eventthat the codification of this ordinance reveals that there is a conflct between thosenumbers and the existing code, in order to avoid confusion and possible accidentalrepealers of existing provisions.

    NOTE: All material is new; therefore,nderlining has been omitted.For puroses of advertising only, new matter is indicated bybold face and repealed matter by italic.

    ,In Witness Whereof, the City of Jersey City has caused these presents to be signed by its propercorporate offcers and caused its proper corporate seal to be hereto affxed that day and year firstabove written.WITNESS CITY OF JERSEY CITY

    Robert Byre, City Clerk Jerramiah T. Healy, MayorSTATE OF NEW JERSEY)

    SS:COUNTY OF HUDSON )BE IT REMEMBERED, that on ths _day of Two

    . Thousand Nine before me the subscriber, a Notar Public of the State of New Jersey personallyappeared Robert Byre who, made proof to my satisfaction that he is the City Clerk Jersey City amuncipal corporation of the State of New Jersey, that he well knows the crporate seal of saidcorporation; that the seal afxed to said instrent is the corporate seal of said corporation, thatthe said seal was so affxed and the said instrent signed and delivered by Jerramiah T. Healywho was at the date thereof the Mayor of said muncipal corporation, in the presence of thisdeponent, and said Mayor, at the same time acknowledged that he signed, sealed and deliveredthe same as his volunta act and deed, and as the volunta act and deed of said corporation, andthat deponent, at the same time subscribed his name to said instrent as a witness to theexecution thereof.Sworn and subscribed toBefore me.this dayof ,2010.Notar Public Robert Byre, City ClerkrGW/k6-23-10

    APPROVED AS TO LEGAL FORM APPROVED:-.\ -= ::o~omtion~ APPROVED:

    Certification Required 0Not Required 0

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    Ii6-UQ Cn~. AVenue1~9 ,.(411Jt. .ve:nue h:.l.o know ~'" i48 lle'rgaii A\'nue)ind ,-2~Q ~"tl"'i~a.. ~yenu,Thestentee, fo.r .U"eIf, llIheiu, .~ec'4ati. e4..~i.ti.t.ts and ~e"'ii.s co.en.ntethatH "Ill conatt"",.. JQ o.ita of i'~ntoi loel.~ on the property' by. December 31, 1966and "1n l_dit.elj' re~t \4. e.,ntllioe t. rerept ..uchunit. '.0 Person', onlyof10" mo,erste: tncoll and oqly(orrent .ffot4.ble to .~ch per1!on. for a ..lniOlmperiod of 15 ye... c,,-.cing opon the d.te of t.he te,uonce f c.rtHicae o(Qccpancy, .for e~ch tJn.l.

    The Br.ntee further connon'. for It..H; itii h.lr., eKecuto... adminf.treora. and"s1Bn. thet it ..lIl comply "ith 011 t......nd con.ditin. tOlit"ln.d !n Otd i~.nceC-34~. oJ the Jar.e, City IIntclp.l C..nclI "hirCh Ord1n."ce..irhori~ed r!i.. "I.thllitno.fe.. unI.... .peoificoUy IodlU.d by . ..b..qu.ne otdi,!.nc. ot ehe Ilunlclpe.lCoune:.U.It la hereby mit..il, ..de covenont.o( thl" .ale thet U Bronee 4""0. ".,t or .a.potcur. viol.Uon nf any of the .bo" .te_ .nd "O~dtt.l~.. "h1i )0 day. "f .b.1ni.erv"d Vl,ch.. noUc. of violetton by .tho srent.,r, ."fehe Broqtnr obI.n..detet..ineUon .,f violat10. fr... a couu of Co_tent JUt,i.dlct.!.n. th.'I. the graqtOt ..., et H. a.,le optionoeelt eithe. d..B.. fro" .the Bt.n'.. Or .auo. HUe t.,lie. ipropeot,.reve.. tohe Bnntqr. . '.... i&k..... .Ai. .MJ !V ..~ A ./. L !

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    ~-:. :.,::.' " . - ...". ... ..I.~lri~ol,.wh'(""''.~..~"'ftp.."'~ .":.....---~~o J:14~iI-f:'k~:.l!::'ftr:.r"~Hyl ,i:"

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    at..'o(:tJ.,.:t

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    CONn ITrOilS:'RiiS'lRIC'IVECOVENANts

    SUbject to (See A attached..,.I. The carpOrat pucpos~s of the Crantee are:

    The '!se of the properc.y is limit.,d to such p\lrpoaea.2. The grantee Is pro.hibited 'froni udng the proPerty for Anycommcrcial, business. trade o~ Manufactring purpose exceptas prOvided for hereinafter..3. 'lheun.Ls shall be affordable to persons of Iowan,! rnoderate

    income "'lthin themeoniiig of the Fa1rllol!in:g Act~ N.J .S.A.52: 270'"301 et seq.;. an.d the reg\lliitllls proiiuIQated theT:!!Ulldr,N.J.A;C~5:n et. s.e9.., nnd ohdl remain affordable to au,*persons for aperoia4 of fHteen (15) Years. AU inItial allaubseqent rentals shall be to .persons of low. and

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    PAYABLES FOR 240 BERGEN

    VENDORHUDSON COUNTY AHTPUSC (pre-development loan to Bergen/Grant)LEE'S PROFESSIONA CLEAING SERVICE (minor repairs & super)

    . KOOK & SONS PLUMBING & HEATINGPSE&GTAXUENESCROW (on behalf of Jersey Cit, pending escheatment application)INSURANCE (paid by Fainnount)MANAGEMENT FEES (accounting & super)STARR, GERN, DAVISON & RUBIN (legal)JUDGEMENTSBROKER FEEREALTY TRANSFER TAX

    TOTAL PAYABLESSALE PRICENET PROCEEDS

    AMOUNT$ 127,026

    $ 19,186$ 4,874$ 7,942$ 6,427$ 3,84$ 25,000$ 3,782$ 13,025$ 25,301$ 52.946$ 12,000$ 1,247

    $ 302.601

    $ 240,000$ (62,601)

    b(h'ilai'L C

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    STARR, GERN, DAVISON & RUBINEDWIN S. RUBINRONALD L. DAVisONAMO.S GERN*tIRA M. stARR"JONATH.AN J. LERNER*~NICHOLA STVENSOAJEFY A. RIZIKASTPHEN R. URBINATOoJOHN J. RATKOWlTzKEIANNE E. GREEN\XOOD.~JAMES A. MESROSjFEY E. GRABELRICH T: WECH.JOHN 1: BROS"BARBARA DRSHEFROBERT C. SANIPPOAMY M. VAN FOENvJEFFREYR. PITTARD*n'

    A PROFIONAL CORPORATIONCOUNSELLORS AT LAW105 EISENHOWE PAAKWAY

    SUITE 401ROSELAND. NEW JEREY 07068-1640

    TEL (973 ) 4OJ-92OFAX (973) Z26-0031WWSTARRGER..OOMist.starrgerr.com

    JuneJ,2010

    State of New JerseyUnclamed PropertP.O. Box2l4Trenton, New Jersey 08695-0214

    COUNSEL TO THE RRMLARY M. COLEOF COUNSELHAVEY R- POE-V.'DONALD S. C'(lDMAN~DOIvENIC D. IOTO.. MEMBf.R NY &. I'l BAR. MEMBER NJ &. DC BAR, MEMBER CT I'Ro MEMBER NJ &. PA BARv MEMBERAZ BARt CEnAED BY THE

    SUREE. CORT OFNEWJERS AS ACIVil TRIAl ATIRNEY. N.J.Ct.R.I,10QUAUF1 MEDATORC ILM IN TAXAnoN

    File No. 74127-100

    Re: Fairmount Housing Corp./Bergen Grat Assoc.Trust Company Ban, 35 Journal Squae, Jersey City, NJ 07306Money Market Checking Account # 111 011981 0Fairmount Housing Tax ID #22-2766099Dea SrlMada:

    Pleae be advised that I am the attorney for Fairmount Housing Corp. with regard tounclaimed monies with the Trust Coinpany Ban as. referenced above. Enclosed please findcompleted Unclaimed Propert Claim Inquiry Fonn. If you require additional information,please feel free to contat me.

    IMS/samEnclosure

    7007 0220 0002nfll~~: "n~-:~iQ~ .,qj;.~:~.~:~~-li ~!: :. :i: :..O.i :: ::i !, .j L1 :i :: :1 ii :. . 1: I! Jt j! iJ i! :~-

    Than you for your couresies and prompt attention to thVeiy truly yours;

    By:

    Ex hi bd- J)

    b579 3321O=' 'g)J ga." a.~ S-: 0:ugil If;.O.:jJ &''" :iigi:i :iRa ~~ 2~ ~ v~ ii"~ ~:i J 1.ta ..~ ..,: 3, fF '"

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    c(n. . .m.,."',._0;,..._..

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    NJ State Unclamed Propert Claim Fonn Page 1 of IUnclaimed Property Claim Inquiry FormPlease complete the form below,print, sign, and mail it to: State of New JerseyUnclaimed PropertyP.O. Box 214Trenton, NJ 08695-0214Note: Xf you do not have a printr simply Write all of the information listed below in a letter andmail it to the above address.Claimants who find their names, whether by searching the Unclaimed propert website, in a legaladvertisement, or missing money website, should fill out and submit only one claim form.1. Name and address as it appears on the Unclaimed Property Search results page:FAIR,MOVNT HOUSING CORP136 GRANT AVE A4DJERSEY CITY, NJ 07305

    Property If): 10124833

    2. If the above ddress is not a current mailng address, please print current address here:

    Claimant NameFairmount Housihg Corp., c/o Ira M. Starr, Esq.AddressStarr Gem Davison & Rubin, 105 Eisenhower ParkwayCity State Zip CodeRoseland . New Jersey 070683. ~~e Property Owner Current () Maiden 0 Company ~ Deceased 0SS# or FID#: 22-2766099 Daytime telephonenumber: 973 - 403-9200EmailAddress: isla rr(gstarrgern .comSigh.ture: ~

    i Return J.

    Dat: .(;/3 if 0. I ihttps:J/wwi.state.nj.us/TYTR_UPSeachlservlet/CornonlpSearch OI01/?O l()

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    Jersey City Law DepartmentMemorandumii,-,

    To:From:

    Wiliam C. Matsikoudis, Corporation CounselItza Wilson, Assistant Corporation Counsed aJ240 BerKen Avenue a/k/a Lot 5.A in Block 1986- Ordinance to removeaffordabilty restrictions in DeedsSubject:

    Date: June 16, 2010

    In December i 986, the City conveyed 240 Bergen Avenue to Fairmont Housing Corporation(Fairmount), a non profit corporation to constrct affordable housing. In 1986, the City delivereda Deed and subsequent Correctory Deed to Fairmount which contained affordability restrctions toremain on the property for a period of i 5 years. In the spring of 1987, Fairmount needed titleinsurance in order to get constrction financing. In order for the project to proceed, the City'sCouncil passed Reso C-2266 on July 14, i 987 funding an escrow account to cover the judgmentliens. The City provided Fairmount's attorney with $10,000 to set up the interest bearing escrowaccount. The judgment liens have expired but the escrow monies were not returned to the City.

    Fairmount now desires to sell the propert for $240,000 to a private pary. In order to sellthe property, Fairmount requires that the City release the 15 year affordability restrictions on theproperty from the Deeds. The City has advised Fairmount that the release ofthe controls are subjectto Fairmount returning the escrow monies to the City. Fairmount's attorney has fied an UnclaimedPropert Claim with the State of New Jersey for the escrow monies. The City has proposed thatFairmount set aside from the proceeds of the sale, the sum of $25,000 until the escrow monies arereturned from the State. Fairmount has agreed that if they are unable to obtain the escrow moniesdirectly from the State, they wil release from the funds the $ i 0,000 with interest to date to the City.

    The 15 year affordabilty period has expired so it is in the best interest ofthe Gity to releasethe restrictions in the Deeds.

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    City Clerk File No.Agenda No.Agenda No.

    Ord. 10-0853.0 1st Reading

    2nd Reading & Final Passage

    ORDINANCEOFJERSEY CITY, N.J.COUNCIL AS A WHOLEoffered and moved adoption of the following ordinance:

    TITLE:CiTY ORDINANCE 10-085

    AN ORDINANCE OF THE CITY OF JERSEY CITY,IN THE COUNY OF HUDSON, NEW JERSEY,PROVIDING FOR THE ACQUISITION BY THECITY OF REAL PROPERTY IN THE CITY ANAPPROPRIATING $7,700,000, THEREFOR, ANDPROVIDING FOR THE ISSUANCE OF $7,647,000 INGENERA IMPROVEMENT BONDS OR NOTES OFTHE CITY OF JERSEY CITY TO FINANCE THESAME.BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE CITY OF JERSEY

    CITY, IN THE COUNTY OF HUDSON, NEW JERSEY (not less than two-thirds of allmembers thereof affrmatively concurrng) AS FOLLOWS:

    Section 1. The improvement or purpose described in Section 3 ofthis bond ordinanceis hereby authorized to be undertaken by the City of Jersey City, in the County of Hudson, NewJersey (the "City") as a general improvement. For the improvement or purose described inSection 3 hereof, there is hereby appropriated the sum of $7,700,000 (including grants in thetotal amount of $6,600,000, consisting of (i) a grant in the amount of $1 ,600,000 expected to bereceived from the State of New Jersey, Departent of Environmental Protection pursuant to theGreen Acres Program, (ii) a grant in the amount of $3,500,000 expected to be received from thePort Authority of New York/ew Jersey, (iii) a grant in the amount of $ 1,000,000 expected to bereceived from the Hudson County Open Space Fund, and (iv) a grant in the amount of $500,000expected to be received from the New York/ew Jersey Baykeeper) and including the sum of$53,000 as the down payment for the improvement or purpose required by the Local Bond Law.The down payment has been made available by virte of provision in the capital improvementfud in one or more previously adopted budgets.

    Section 2. In order to finance the cost of the improvement or purose not covered byapplication of the down payment or otherwise provided for hereunder, negotiable bonds arehereby authoried to be issued in the principal amount of $7,647,000 pursuant to the Local Bond

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    Continuation of City Ordinance 10-085 . page 2

    Law. In anticipation of the issuance of the bonds, negotiable bond anticipation notes are herebyauthorized to be issued pursuant to and within the limitations prescribed by the Local Bond,Law.

    Section 3. The improvement hereby authorized and the purpse for which the bonds

    are to be issued is the acquisition by the City of real property and the improvements thereonknown as the Harsimus Embankent Park and Greenway Project, including, but not limited to,approximately eight parcels of land, including two grade-level parcels and six stone

    embankents, identified On the tax maps of the City as Block 212, Lot M, Marin Boulevard toManila Avenue, Block 247, Lot 50A, Manila Avenue to Erie Street, Block 280, Lot 50A, ErieStreet to Jersey Avenue, Block 317.5, Lot 50A,Jersey Avenue to Coles Street, Block 354.1, Lot.50A, Coles Street to Monmouth Street, Block 389.1, Lot 50, Monmouth Street to BrunswickStreet, Block 415, Lot 50 (also known as Lot 50.PL), Bruswick Street to Newark Avenue andDivision Street and Block 446, Lot 18A, Newark Avenue to just west of the New Jersey.Turnpike, and including all rights and interests therein and all work, materials and servicesnecessary therefore or incidental thereto.

    (b) The estimated maximum amount of bonds or notes to be issued for theimprovement or purose is as stated in Section 2 hereof. .

    (c) The estimated cost of the improvement or purose is equal to the amount of the

    appropriation herein made therefor.Section 4. All bond anticipation notes issued hereunder shall mature at such times as

    may be determined by the chief financial offcer; provided that no note shall matue later thanone year from its date. The notes shall bear interest at such rate or rates andbe in such form asmay be determined by the chief financial offcer. The chief financial offcer shall determine allmatters in connection with notes issued puruant to this bond ordinance, and the chief financialoffcer's signature upon the notes shall be conclusive evidence as to all such determinations. Allnotes issued hereunder may be renewed from time to time subject to the provisions ofN.J.S.A.40A:2-8. 1. The chief financial offcer is hereby authoried to sell part or all of the notes fromtime to time, at not less than par and accrued interest, at public or private sale and to deliver themto the purchasers thereof upon receipt of payment of the purchase price plus accrued interestfrom their dates to the date of delivery thereof The chieffinancial offcer is directed to report inwrting to the governing body at the meeting next succeeding the date when any sale or deliveryof the notes pursuan