Town of Kearny
New Jersey

Resolution
(R)-2018-429

(*) Resolution Authorizing the Return of Unused Escrow Deposit to RTC Properties, Inc. in the Amount of $27,197.53 Relative to Site Plan Application #485 at 100 Central Avenue, a/k/a 120 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 (sub account #208015) with the Town of Kearny on May 19, 2008 to cover the professional costs relative to Site Plan Application #485 in the Town of Kearny at 100 Central Avenue a/k/a 120 Central Avenue, Block 288, Lot 10.01;

 

WHEREAS, the project has been completed, inspected 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 $27,197.53

 

 

 

Dated:  ___________                                            Certified by:  ______________________

                                                                                                      SHUAIB FIROZVI, CFO

 

Meeting History

Aug 7, 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, Michael Landy, Susan McCurrie, Marytrine DeCastro, Peter Santana, Alberto G. Santos
ABSENT:Eileen Eckel, Albino Cardoso, Richard Konopka

Discussion