[Ord. No. 08-26 § 21A-1]
In order to preserve a maximum number of affordable housing
units within the Township of Piscataway it is necessary to acquire
any such unit which is the subject of a foreclosure complaint.
[Ord. No. 08-26 § 21A-2]
a.
The Township Attorney or special counsel and such other appropriate
officials as necessary be and hereby are authorized to acquire said
affordable housing units either by negotiation or by purchasing same
at Sheriff's sale, provided the liens and real estate taxes covering
the unit are less than the resale price for such affordable unit as
designated by the New Jersey Council on Affordable Housing.
b.
Counsel for said acquisition, by negotiation or at Sheriff's
sale, shall commence and complete proceedings as expeditiously as
possible and said Township Attorney or special counsel, as the case
may be, shall receive reasonable compensation for their services.
c.
The Township Attorney and other appropriate officials be and are
hereby authorized to hire and employ such consultants and experts
as may be appropriate to effectuate such acquisitions, whether by
negotiation or at Sheriff's sale, and to pay said consultants
and experts a reasonable fee for their services.
