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RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT BETWEEN THE COUNTY OF PASSAIC AND PSEG WITH RESPECT TO A NOTICE IN LIEU OF DEED NOTICE FOR A PORTION OF STRAIGHT STREET IN THE CITY OF PATERSON, PURSUANT TO N.J.S.A. 40:20-1 ET SEQ.
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WHEREAS, the County of Passaic (hereafter “County”) is a government body incorporated pursuant to N.J.S.A. 40:18-1, et seq. and vested with all rights contained therein; and
WHEREAS, pursuant to N.J.S.A. 40:20-1 the Board of County Commissioners for the County of Passaic (hereafter “Board”) is vested with decision making powers on behalf of the County; and
WHEREAS, Straight Street in the City of Paterson is a road maintained and controlled by the County; and
WHEREAS, Public Service Electric and Gas Company (hereafter “PSEG”), as current owner of the former Fulton Street Gas Works site located along Straight Street in between Montgomery Street and Fulton Street in the City of Paterson (hereafter “Property”), is responsible for the remediation of such property; and
WHEREAS, as part of the process of remediating the Property, PSEG desires to enter into an agreement with the County concerning a notice in lieu of deed notice which will set forth the operation, maintenance, and monitoring requirements in order to fully remediate the Property; and
WHEREAS, this matter was discussed at the July 31, 2024 meeting of the Public Works Committee, and is being recommended to the Board for approval; and
NOW, THEREFORE, LET IT BE RESOLVED, pursuant to N.J.S.A. 40:20-1 et seq., the Board of County Commissioners of the County of Passaic hereby authorizes the execution of an agreement between the County of Passaic and PSEG concerning the notice in lieu of deed notice necessary to remediate the former Fulton Street Gas Works site located along Straight Street in between Montgomery Street and Fulton Street in the City of Paterson .
LET IT BE FURTHER RESOLVED that the Clerk of the Board, County Counsel, and Director of the Board of County Commissioners of the County of Passaic are authorized to take any other steps necessary to carry out the purpose of this resolution.
KJB August 13, 2024