[Adopted 2-6-2003 by Ord. No. 03-02]
A. 
The Borough of Carteret Planning Board, after due consideration and in conformance with the Local Housing and Redevelopment Law (N.J.S.A. 40A:12A-1 et seq., Redevelopment Law), has recommended the adoption of the Lower Roosevelt Avenue Business District Redevelopment Plan prepared by CME Associates, dated November 6, 2002, (redevelopment plan) for the Lower Roosevelt Avenue Business District established by Resolution No. 01-234, (LRABD), with the area of the LRABD shown on pages 5A and 5B of the redevelopment plan;
B. 
The redevelopment plan proposes development guidelines for the development of residential and commercial uses as set forth in Section 5.0 of the redevelopment plan;
C. 
The redevelopment plan is in furtherance of the goals and objectives of the Borough with respect to the LRABD and the Redevelopment Law;
D. 
The Borough Council of the Borough of Carteret has reviewed the Redevelopment Plan and held a public hearing about the redevelopment plan to receive the comments of the public and interested parties; and
E. 
The redevelopment plan is attached hereto as Exhibit A.[1]
[1]
Editor's Note: Exhibit A is on file in the Borough offices.
The redevelopment plan is adopted as the official redevelopment plan for the LRABD, in accordance with the Local Housing and Redevelopment Law.
The Zoning District Map of the Borough's Land Development Ordinance is hereby amended to reflect the applicability of the redevelopment plan to the LRABD and the Borough's Land Development Ordinance as it affects the LRABD is hereby superseded by the redevelopment plan to the extent set forth therein.