[MC 1984-8, April 2, 1984; MC 1993-11, § 1, May 17, 1993]
There shall be established the Plainfield Redevelopment Agency, which shall consist of seven (7) commissioners, appointed by the Plainfield City Council, at least five (5) of whom shall be residents of the City of Plainfield. Said agency shall be considered a body corporate and politic and shall be an instrumentality of the City.
[MC 1984, April 2, 1984; MC 1993-11, § 1, May 17, 1993]
The Plainfield Redevelopment Agency shall have as its primary objective and public purpose the acquisition of and replanning of various areas within the City of Plainfield, which areas may be designated as blighted areas or such other similar designation consistent with the declaration of policy as set out in N.J.S.A. 40A:12A-1, et seq.
[MC 1984-8, April 2, 1984; MC 1993-11, § 1, May 17, 1993]
(a) 
All commissioners of the Plainfield Redevelopment Agency shall serve without compensation, provided that each such commissioner shall be entitled to recompense for expenses including, but not limited to, traveling expenses, incurred in the discharge of his or her duties.
(b) 
The City Council shall appoint as follows:
(1) 
One (1) commissioner shall be designated to serve for one (1) year and until a successor is appointed;
(2) 
One (1) commissioner shall be designated to serve for two (2) years and until a successor is appointed;
(3) 
One (1) commissioner shall be designated to serve for three (3) years and until a successor is appointed;
(4) 
One commissioner shall be designated to serve for four (4) years and until a successor is appointed;
(5) 
One (1) commissioner shall be designated to serve for five (5) years and until a successor is appointed;
In addition to the Commissioners appointed pursuant to Section 3:30-3 (b) and currently serving, the Plainfield City Council shall appoint two (2) commissioners to serve for five (5) years and until a successor is appointed.
(c) 
(Reserved)
(d) 
(Reserved)
(e) 
Any appointments to fill a vacancy shall be for the unexpired term only.
(f) 
This section is subject to all the terms and conditions as set out in N.J.S.A. 40A:12A-1 et seq.
[MC 1984-8, April 2, 1984; MC 1993-11, § 1, May 17, 1993]
The City may and from time to time make an estimate of the amount of money required by the Plainfield Redevelopment for administrative and other purposes of the Agency, and may appropriate or advance such amount to the Agency it deems necessary.
(a) 
The Plainfield Redevelopment Agency shall, on an annual basis, submit to the City an estimate of all income and expenses for any redevelopment project undertaken, which shall include all indebtedness including but not limited to, payments necessary to meet interest and principal payments on bonds issued pursuant to N.J.S.A. 40A:12A-1 et seq. In no event shall such an estimate be effective unless approved by the Plainfield City Council.
(b) 
No expenditures or disbursements for any redevelopment project shall be made by the Plainfield Redevelopment Agency, which expense or disbursement would otherwise be contrary to any estimate submitted concerning the budget amendments or modification thereof, unless approved by the City Council.
(c) 
The Plainfield Redevelopment Agency shall file with the City a detailed and complete report of all its transactions including, but not limited to, a statement of all revenues and expenditures on a quarterly basis.
[MC 1984-8, April 2, 1984; MC 1993-11, § 1, May 17, 1993]
(a) 
The Plainfield Redevelopment Agency may acquire or contract to acquire from any person, firm or corporation (public or private), or any interest therein any property it may deem necessary or proper in a re-development area, and in any area designated by the City Council as necessary for carrying out relocation of residents, industry and commerce displaced from a redevelopment area.
(b) 
The Plainfield Redevelopment Agency may clear any area acquired and installed, construct or reconstruct streets, facilities and any other essential site improvements consistent with a redevelopment plan.
(c) 
The Plainfield Redevelopment Agency may dispose of land acquired through the redevelopment plan at its fair market value.
(d) 
(Reserved)
(e) 
The Plainfield Redevelopment Agency may petition the City Planning Board and governing body to designate blighted areas in need of redevelopment and to make recommendation therefor.
(f) 
All other powers designated by N.J.S.A. 40A:12A-1 et seq.
(g) 
All powers designated by this ordinance and by N.J.S.A. 40A:12A-1 shall require the approval of the City Council as a condition precedent to the Plainfield Redevelopment Agency proceeding with any such clearing, replanning, development and redevelopment of a blighted area, after same has been determined as such by the City and approval of a proposed re-development plan.
[MC 1984-8, April 2, 1984; MC 1993-11, § 1, May 17, 1993]
(a) 
New Jersey State Statute N.J.S.A. 40A:12A-1 et seq. relating to the establishment of a redevelopment agency by a municipality and relating to this chapter, is hereby adopted and by this reference made a part of this Code with the same force and effect as though set out in full herein.
(b) 
The Clerk be and hereby is authorized and directed to file a certified copy of this Ordinance with the appropriate department, agency, or officials of the State of New Jersey.
[MC 1993-11, § 1, May 17, 1993]
This ordinance shall take effect fifteen (15) days after passage and final approval, as provided by law.