Resolution of the City of Jersey City, N.J.

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Continuation of Resolution Res.09-896City Clerk File No.LO.YAgenda No. OCT 2 8 2009TITLE:Pg. # 22. The City authorizes the Mayor, Business Administrator, Chief Financial Officerand such other representatives of the City as are necessary or required toexecute such other documents, agreements or certificates and to take suchother action as is necessary on behalf of the City to effectuate the provisionsof this resolution,3. This resolution shall take effect immediately.~,APPROVED AS TO LEGAL FORMCertification Required DNot Required DAPPROVED 9-0WUlS/09RECORD OF COUNCIL VOTE ON FINAL PASSAGECOUNCILPERSON AYE NAY NV, COUNCILPERSON AYE NAY N.V, COUNCILPERSON AYE NAY N.V.SOTTOLANO/ GAUGHAN,/VEGAIDONNELLY ,/ FULOP / FLOOD /LOPEZ ./ RICHARDSON ,/ BRENNAN, PRES ,/,l Indicates Vote N.v-Not Voting (Abstain)Ad~eeNf th ,'c¡pal Co",c" of the City of Je"" City N~ ~Peter M. Brennan, President of Council ~rne, rk
Resolution of the City of Jersey City, N.J.City Clerk File No.Agenda No.Approved:Res. 09-89710.ZOCT 2 8 2009TITLE:A RESOLUTION ENDORSING A ONE MILLION DOLLAR RELOCATIONGRANT FROM URBAN ENTERPRISE FUNDS TO DEPOSITORY TRUST ANDCLEARING CORPORATION (DTCC)WHEREAS, The City of Jersey City has entered into a memorandum ofunderstanding with DTCC for its relocation to 570 Washington Boulevard locatedwithin Jersey City's Urban Enterprise Zone; andWHEREAS; DTCC will have expenditures of forty - five million ($45,000,000.00)dollars to retrofit and equip the location and employee 1600 at an average salaryof one hundred and thirty thousand dollars ($130,000.00); andWHEREAS; A Fiscal Impact Study of DTCC's relocation was completed and isattached; andWHEREAS, the administration is seeking endorsement of the municipal councilfor a one million dollar ($1,000,000.00) Relocation Grant to offset a partial costDTCC's cost of relocation to the City; andWHEREAS, the Urban Enterprise Zone shall make application to the UrbanEnterprise Zone Authority in 2012 for said funds to be paid in annual TwoHundred Fifty Thousand Dollars ($250,000.00) installments over a four yearperiod with first installment to be funded upon issuance of a TemporaryCertificate of Occupancy for a majority of the Premises, which the partiesestimate to be on or about January 2, 2013; andWHEREAS, DTCC acknowledges that said Grant is subject to approval by theCity Council and the Urban Enterprise Zone Authority of the State of New Jersey(UEZA) and agrees to submit any documentation reasonably required in order forsuch grant to be approved: andWHEREAS, the City administration agrees to include or cause to be included inthe conditions of the Grant, to be set forth in a Grant Agreement that:1.There shall be no reduction in the amount of a grant installment paymentunless the number of Jersey City based DTCC employees shall have fallen toless than 1000, in whict: event the amount of that annual Grant installmentpaymentshall be reduced by a percentage amount equal to 100 minus 100 timesthe quotient of the number of Jersey City based DTCC employees divided by1000; provided, however, that in the event that the number of employees hasbeen increased to or above 1000 in any subsequent year, there shall be noreduction in the Grant installment payment payable in such year.2. The Chief Financial Offcer or other appropriate offcer of DTCC withknowledge of human resources and payroll information shall provide the City withan annual certification thirt (30) das prior to the annual Grant installmentpayment date that certifies the number of Jersey City based DTCC employeesand the amount of the Grant installment payment due, calculated pursuant to theformula set forth in subparagraph (i) above (Certification).3.The second, third and fourth annual Grant payment installments shall bedisbursed automatically on the schedule set forth above provided that theCertification is timely delivered.
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Resolution of the City of Jersey Ci
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Page 27 and 28: AGREEMENTThs Agreement dated theday
Page 29 and 30: services, etc., in order to carry o
Page 31 and 32: Before fial payment on the contract
Page 33 and 34: Resolution of the City of Jersey Ci
Page 35 and 36: APPLICATION FOR RECREATIONAL EVENT
Page 39 and 40: The State shall have the right of i
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Page 47 and 48: City Clerk File No. Res. 09-888Åge
Page 49 and 50: --~4. The Licensee agrees to assume
Page 51 and 52: ':.~'~~-;-'..:ï"-- -.-~assign this
Page 55 and 56: :-';=.':Form W..9(Rev. Oclober 2007
Page 57 and 58: )BUSINESS ENTITY DISCLOSURE CERTIFI
Page 59 and 60: ,Part 3: Disclosure of Contribution
Page 65 and 66: Date Submitted to B.A.RESOLUTION FA
Page 73: Resolution of the City of Jersey Ci
Page 77 and 78: ibte 2. Income before taxes: Averag
Page 79 and 80: Shelter $10,023 $4,808 $4,126 $4,87
Page 81 and 82: .urces of income and personal taxes
Page 83 and 84: Number of employees 1,600 100% livi
Page 85 and 86: JERSEY CITY RECOVERY ZONEJUNE 23, 2
Page 87 and 88: 'Resolution of the City of Jersey C
Page 89 and 90: CITY OF JERSEY CITY30 MONTGOMERY ST
Page 93 and 94: "- ,CONFIDENTIAL SETTLEMENT AGREEME
Page 95 and 96: capacity as such, agents, elected o
Page 97 and 98: limited to, ground water, surface w
Page 99 and 100: 3. Payment of Settlement Amount3.01
Page 101 and 102: esponsibilities and obligations of
Page 103 and 104: with the City and exercise good fai
Page 105 and 106: 9.05 Other than this Agreement as p
Page 107 and 108: 12. Other Provisions12.01 This Agre
Page 110 and 111: .. "";EXHIBIT AThe Travelers Indemn
Page 112 and 113: Continuation of Resolution Res ~ 09
Page 114 and 115: DETERMINATION OF VALUE CERTIFICATIO
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Page 123 and 124: PUBLIC DISCLOSURE INFORMTIONChapter
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MADATORY EQUAL EMPLOYMNT OPPORTUNTY
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AMERICANS WITH DISABILITIES ACT OF
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MINORITYIWOMA BUSINESS ENTERPRISE (
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,"C.271 PlAl"'1 1m_ ~Requir Puuat T
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CITY OF JERSEY CITYRESOLUTION:VENDO
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AGREEMENTThis Agreement dated the d
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notify the City of their engagement
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For the term of the contract, the c
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10/21/2009 12: 282013c:3SEl40NAKBrH
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Continuation of Resolution, City Cl
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Fonn AA302Rev, 10/08STATE OF NEW JE
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MINORITYfWOM.A.N BUSli\TESS ENTERPR
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AMERICANS WITH DISABILITIES ACT OF
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PUBLIC DISCLOSURE INFORMATIONChapte
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Continuation of ResolutionCity Cler
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Resolution of the City ofJersey Cit
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LEGISLATIVE FACT SHEETThis summary
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City Clerk File No.Agenda No.Approv
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Resolution of the City of Jersey City, N.J.

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