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City attorney says Resolution 72-25 is routine; residents urge council to oppose transfer of redevelopment agreement
Summary
City Attorney Lou said Resolution 72-25 authorizes a paperwork-level transfer of an existing redevelopment and finance agreement to a new owner after departments certified project completion.
City Attorney Lou told the Long Branch City Council on April 23 that Resolution 72-25 simply authorizes the mayor and clerk to execute an assumption agreement that binds a new owner to an existing redevelopment and finance agreement after departments sign off on project completion.
The attorney said the transfer is permitted under the contract and prior city ordinances and that staff had reviewed building, engineering and legal requirements and confirmed compliance, including open-records (G.R.A.M.A.) requirements.
That explanation met sharp criticism from…
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