147-18 Agreement - Shared Services - Turf.pdf

1 SHARED SERVICES AGREEMENT This SHARED SERVICES AGREEMENT (this “Agreement”) between the Township of West Orange, in the County of Essex, New Jersey, a municipal corporation of the State of New Jersey (the “Township”), and The Board of Education of the Township of West Orange in the County of Essex, New Jersey, a school district and political subdivision of the State of New Jersey (the “School District”), dated as of ______________, 2018. WITNESSETH WHEREAS, the Township and the School District have determined that it is in the best interests of the Township, the School District and the residents thereof for the Township and the School District 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 and all related work (the "Project"); and WHEREAS, the Project cost is estimated to be approximately an amount not to exceed $800,000 to be funded initially through the issuance of bonds or notes of the Township pursuant to a bond ordinance; and WHEREAS, it is anticipated that various fundraising efforts will occur which monies will be applied to the cost of the Project; and WHEREAS, any bonds or notes issued pursuant to the bond ordinance for this purpose shall be repaid on an equal basis by the Township and the School District; and WHEREAS, the Township and the School District desire to set forth certain terms and conditions relating to the time frame and the terms of payment by the School District to the Township for its share of the cost of the Project; and WHEREAS, the Shared Services Act, N.J.S.A. 40A:65-1 et seq., authorizes and encourages a municipality and a school district to enter into contracts for the joint provision within their jurisdiction of any service that the parties to the agreement are empowered to render; and WHEREAS, municipalities and school districts are expressly authorized to work together for the provision of recreational improvements pursuant to N.J.S.A. 40:48-2, N.J.S.A. 40:61-1, N.J.S.A. 40:61-5, N.J.S.A. 18A:20-22, and the Shared Services Act; and WHEREAS, it is in the best interests of the citizens of the Township and the School District for the Township and the School District to work together through this Shared Services Agreement to implement the Project for the benefit of the community; and