BOROUGH OF KENILWORTH
COUNTY OF UNION, STATE OF NEW JERSEY
Resolution No. _____
A RESOLUTION AUTHORIZING THE SALE OF SURPLUS REAL PROPERTY
WHEREAS, the Borough of Kenilworth has determined that it no longer has a need for certain real property in which title has vested in the Municipality; and
WHEREAS, pursuant to N.J.S.A. 40A:12-13 the Borough may sell its interest in public real property.
NOW, THEREFORE, BE IT RESOLVED on this by the Borough of Kenilworth, County of Union, State of New Jersey as follows:
The Clerk of the Municipality or alternatively the Attorney for the Municipality shall advertise in the official newspapers of the municipality in which the land is located and post within the Borough of Kenilworth that a public auction shall be held for the property commonly known as “The Girl Scout House” located at 339 North 18th Street, Borough of Kenilworth and more formally known as Lot 5, Block 15, on the tax map of the Borough of Kenilworth. Said parcel is being subdivided into seven (7) lots and shall be sold to the highest bidder after being advertised no less than twice in a two (2) week consecutive period but not earlier than seven (7) days prior to the date of auction; and
BE IT FURTHER RESOVED that the Attorney for the Borough shall be authorized to hold and conduct the public auction for the said parcel on August 5, 2009 7:00 P.M. at the Borough Municipal Meeting Room. The Borough reserves the right to reject any or all bids by the second regular meeting of the governing body after the auction; and
BE IT FURTHER RESOLVED that the Borough has placed the following restrictions on the use of the said parcels as a condition of the sale:
a. The property shall be used for a Single Family Residence.
b. The building thereon must comply with all applicable and existing building and zoning codes.
c. Subject to any and all easements, reservations and/or restrictions of record
d. One or more of the lots may have an existing structure or fence therein at time of sale.
e. The purchaser shall acknowledge that the development of each building lot will comply with Section 401 of the Union County Land Development Standards so as to insure no negative effects on to the County’s facilities, namely Black Brook Park.
BE IT FURTHER RESOLVED that the Borough will accept no less than a minimum of $200,000 per single lot sold individually and/or no less than a minimum of $1,400,00 for all seven (7) lots if they are sold to a single bidder.
BE IT FURTHER RESOLVED that the Borough of Kenilworth resolves the right to sell the lots as laid out in this resolution single and/or as a seven (7) lot parcel, subject to its final approval.
BE IT FURTHER RESOLVED that the Borough will entertain the transaction which is most favorable to the Municipality.
MAYOR KATHI FIAMINGO
HEDY LIPKE, Municipal Clerk
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