[Added 11-14-2005 by Ord. No. 55-2005]
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 nine additional properties, which are located
adjacent to the Routes 47/55 interchange area and are adjacent to
or within the general boundaries 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:
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Block 228, Lot 11
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Block 228, Lot 12
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Block 228, Lot 13
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Block 228, Lot 15
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Block 228, Lot 16
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Block 228, Lot 17
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Block 228, Lot 18
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Block 228, Lot 19
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Block 228, Lot 20
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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 nine 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-5255 on October 4, 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 that
required investigation and public hearing on October 31, 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.
A.
The Center City Redevelopment Area is hereby amended
to include the subject properties listed above.
B.
The Center City Redevelopment Plan is hereby amended
to include the subject properties listed above, and condemnation is
authorized to acquire the subject properties for construction of the
Regional Shopping Center.
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.
The aerial map for the Revenue Allocation District
dated October 2005 is hereby approved.
The block number map for the Revenue Allocation
District dated October 2005 is hereby approved.
