Town of Kearny
New Jersey

Resolution
(R)-2018-160

(*) Resolution Authorizing the Return of Unused Escrow Deposit to RTC Properties, Inc. in the Amount of $48,956.71
Relative to Site Plan Application #2014.14 at 100 Central Avenue, Block 288, Lot 10.01.

Information

Department:Construction Code EnforcementSponsors:Council Member Carol Jean Doyle
Category:Reso.Authorizing Return of EscrowFunctions:None

Body

WHEREAS, RTC Properties, Inc. established an escrow account with the Town of Kearny on June 29, 2012 to cover the professional costs relative to Site Plan Application #2014.14 in the Town of Kearny at 100 Central Avenue, Block 288, Lot 10.01 (Helo Holding Project);

 

WHEREAS, the project has been completed, and no further work or cost is anticipated;

 

WHEREAS, RTC Properties, Inc. has requested that the unused balance of the escrow deposit be returned;

 

NOW THEREFORE BE IT RESOLVED, by the Mayor and Council of the Town of Kearny that the Chief Financial Officer is hereby authorized to return the unused escrow deposit to RTC Properties, Inc. in the amount of $48,956.71.

 

 

 

Dated:  ___________                                                        Certified by: ______________________

                                                                                                                SHUAIB FIROZVI, CFO

Meeting History

Mar 13, 2018 7:00 PM  Council Caucus / Regular Meeting
draft Draft
RESULT:ADOPTED [UNANIMOUS]
MOVER:Carol Jean Doyle, Council Member
SECONDER:Alberto G. Santos, Mayor
AYES:Carol Jean Doyle, Susan McCurrie, Eileen Eckel, Richard Konopka, Peter Santana, Alberto G. Santos
ABSENT:Michael Landy, Albino Cardoso, Marytrine DeCastro

Discussion