Acting pursuant to Chapter 79 of the Laws of New Jersey 1992, N.J.S.A.
40A:12A-1 to 40A:12A-49, inclusive, and the acts amendatory thereof and supplemental
thereto, there is hereby created a public body corporate to be known as the
"Carteret Redevelopment Agency." Such Agency shall constitute a redevelopment
agency contemplated and provided for in said Act and shall have the power
and authority as provided by said Act and the acts amendatory thereof and
supplemental thereto.
The Carteret Redevelopment Agency shall have the responsibility to maintain,
upgrade and create new affordable housing in the Borough and to plan, coordinate,
monitor, evaluate and administer programs and activities designed to increase
and improve the economic opportunities within the Borough and to operate programs
to maintain, increase and foster commercial and industrial development, redevelopment
and job promotion for the Borough.
Commissioners shall receive no compensation. Commissioners shall be
entitled to reimbursement for actual expenses necessarily incurred in the
discharge of their duties, including reasonable travel expenses.
No Commissioner or employee of the Agency shall acquire any interest,
direct or indirect, in a redevelopment project or in property included or
planned to be included in a project; nor shall they have any interest, direct
or indirect, in any contract or proposed contract for materials and/or services
to be furnished or used in connection with the project. In the event any Commissioner
or employee of the Agency shall own or control any interest, direct or indirect,
as described herein, he shall immediately disclose said interest, in writing
to the Agency. Said disclosure shall then be entered into the Agency's minutes.
Failure to make said disclosure as required herein shall constitute misconduct
in office. A Commissioner or employee required to make a disclosure described
herein shall not participate in any action by the Agency affecting the property
with respect to which disclosure is required.
A Commissioner may be removed for inefficiency, neglect of duty or misconduct
in office by the governing body which appointed him, provided that the Commissioner
to be removed has been given a copy of charges, in writing, at least 10 days
prior to the hearing thereon and has had the opportunity to be heard in person
or by counsel.
Commissioners shall comply with all state-required state training courses.