147-18 Authorizing Shared Services Agreement with Board of Education for Funding of Replacement of Turf and Other Repairs.pdf

147-18 June 12, 2018 RESOLUTION WHEREAS, the Township of West Orange (“Township”) and the West Orange Board of Education (the “Board of Ed.”) have determined that it is in the best interest to jointly provide for the improvement of the West Orange High School Stadium Field and Track, including the removal of the current field turf and installation of new field turf, including all related work (the “Project”); and WHEREAS, the estimate for the Project costs an amount not to exceed $800,000; and WHEREAS, the Township and the Board of Education have reached an agreement by which the Township will borrow funds pursuant to a bond ordinance in the amount necessary to complete the Project; and WHEREAS, the Board of Education has agreed that it shall be responsible for repaying fifty percent (50%) of the net cost of the Project; and WHEREAS, a copy of the proposed Shared Services Agreement (the “Agreement”) is annexed hereto as Exhibit “A.” NOW, THEREFORE, BE IT RESOLVED by the Township Council of the Township of West Orange, that the Mayor be and is hereby authorized to execute the Agreement annexed hereto as Exhibit “A;” BE IT FURTHER RESOLVED that the Township Clerk be and is hereby authorized to attest to the Mayor’s signature; and BE IT FURTHER RESOLVED that a copy of the Agreement will be maintained in the office of the Township Clerk. Karen J. Carnevale, R.M.C. Susan McCartney Municipal Clerk Council President Adopted: June 12, 2018 Adopted: 4849-8683-6327, v. 1