[HISTORY: Adopted by the Council of the City of Perth Amboy 5-28-97 as Ord. No. 894-97. Amendments noted where applicable.]
The City Council of the City of Perth Amboy (the "City") has, by Resolution R44-2/97, finally adopted on February 10, 1997, determined that certain properties identified in the resolution (the "Properties") are areas in need of redevelopment pursuant to the Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq. (the "Redevelopment Law").
The City has caused to be prepared a redevelopment plan (the "Plan") for the Properties, which Plan is attached hereto as Exhibit "A".
In accordance with the law, the Planning Board of the City has reviewed and studied the Plan, has found that such Plan conforms to the approved Master Plan of the City, and has recommended that the Plan be approved by the City Council.
The City Council has reviewed the recommendation of the Planning Board to adopt the Plan.
The City desires to create a body corporate and politic to be known as the "Perth Amboy Redevelopment Agency" (hereinafter, the "Agency") to serve as the redevelopment entity for the clearance, replanning, development and redevelopment of the Properties in accordance with the Plan.
The Agency shall have all the powers vested in redevelopment agencies under the Redevelopment Law.
The Local Finance Board in the Division of Local Government Services in the Department of Community Affairs, State of New Jersey, has approved the creation of the Agency pursuant to N.J.S.A. 40A:5A-4; and the City Council desires to delineate certain matters with respect to the Agency.
A. 
The Plan includes an outline for the planning and development of the properties and is in compliance with the redevelopment plan requirements of the Redevelopment Law.
B. 
That the Plan is substantially consistent with the Master Plan of the City.
C. 
The City Council hereby adopts the Plan in the form attached hereto as Exhibit "A".[1]
[1]
Editor's Note: Exhibit A, referred to herein, may be found on file in the office of the City Clerk. For redevelopment plan amendments, see Appendix Chapter A440.
A. 
Created. Pursuant to the Redevelopment Law, the City hereby creates a body corporate and politic to be known as the "Perth Amboy Redevelopment Agency" which shall constitute a redevelopment entity contemplated and provided for in the aforesaid Redevelopment Law, as an agency or instrumentality of the City of Perth Amboy.
B. 
Membership. Pursuant to the Redevelopment Law, there shall be seven (7) Commissioners of the Redevelopment Agency appointed by the City Council. No more than two (2) Commissioners shall be officers or employees of the City. Commissioners shall serve for a term of five (5) years. The initial Commissioners shall be appointed to staggered terms pursuant to N.J.S.A. 40A:12A-11(a).
[Amended 3-8-2017 by Ord. No. 1831-2017]
That copies of this chapter, certified by the City Clerk, shall be filed in the office of the Division of Local Government Services in the Department of Community Affairs of the State of New Jersey after the effective date of this chapter.