Town of Kearny
New Jersey

Resolution
(R)-2018-178

Resolution Authorizing Execution of an Escrow Agreement with Glenn Springs Holdings, Inc. for Reimbursement
of Town Professional Fees Related to the Remediation of Various Sites in the Town of Kearny.

Information

Department:Town AttorneySponsors:Mayor Alberto G. Santos
Category:Agreements, LeasesFunctions:None

Body

WHEREAS, Glenn Springs Holdings, Inc. (“Glenn Springs”) is in the process of remediating various sites within the Town of Kearny; and

 

WHEREAS, as part of the remediation of these sites, Glenn Springs has requested that the Town consider proposals to leave residual contamination in public right of ways; and

 

WHEREAS, Glenn Springs has agreed to fund an escrow account with the Town to reimburse the Town for professional fees incurred in reviewing proposals by Glenn Springs to leave contamination in Town right of ways; now, therefore, be it 

 

RESOLVED, by the Mayor and Council of the Town of Kearny, Hudson County, New Jersey that:

 

1.              The Town Administrator is authorized to execute and deliver the Escrow Agreement with Glenn Springs in the form attached. 

 

2.              This resolution shall take effect immediately.

 

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