[Added 10-18-2005 by Ord. No. 46-2005]
A.
Whereas, the governing body of the City of Millville
adopted Resolution No. A-4260 on March 18, 2003, designating an area
of the City as an area in need of redevelopment pursuant to the Local
Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq. (LRHL),
which area is known as the Center City Redevelopment Area; and
B.
Whereas, the governing body of the City of Millville
adopted Ordinance No. 27-2003 on October 7, 2003, which adopted the
Redevelopment Plan for the Center City Redevelopment Area; and
C.
Whereas, the governing body of the City of Millville
has determined that portions of two additional properties, which are
located directly adjacent to the northwestern portion of the Center
City Redevelopment Area are necessary for inclusion in the Center
City Redevelopment Area in order to effectively carry out a comprehensive
redevelopment of the area pursuant to the Center City Redevelopment
Plan. These properties are as follows: Block 227, Lot 1 (approximately
8.178 acres); Block 227, Lot 1.01 (approximately 4.076 acres).
D.
Whereas, the professional staff of the City of Millville
has recommended the inclusion of these properties in the Center City
Redevelopment Area to carry out the intent and purposes of the Center
City Redevelopment Plan, and to facilitate the construction of a regional
shopping center to be located at the Routes 47/55 interchange area
which requires these two properties along with other properties to
complete the assemblage of land required for the construction of the
regional shopping center; and
E.
Whereas, the redeveloper for the regional shopping
center proposes to construct approximately 500,000 square feet of
retail space to be located on approximately 60 acres of land adjacent
to the two state highways, it is estimated that the total cost of
the project would be approximately $70,000,000 with employment of
approximately 1,000 jobs together with the generation of significant
real estate taxes and UEZ revenues for the City of Millville; and
F.
Whereas, the governing body of the City of Millville
adopted Resolution No. A-5205 on August 16, 2005, which authorized
the municipal Planning Board to undertake a preliminary investigation
to determine if these properties meet the criteria for inclusion into
the Center City Redevelopment Area and to consider an amendment to
the Center City Redevelopment Plan to include said properties in the
plan; and
G.
Whereas, the municipal Planning Board undertook the
required investigation and public hearing on September 13, 2005, and
approved a written report which set forth its findings that the Center
City Redevelopment Area should be amended to include the subject properties
and the Center City Redevelopment Plan also should be amended to include
the subject properties.
The Director of Economic Development is hereby
authorized to amend the list of the blocks and lots of properties
attached to the Center City Redevelopment Plan to include the subject
properties listed above.
