70-26 Agreement with Phoenix Advisors.pdf

AGREEMENT THIS AGREEMENT, made this __________ day of __________, 2026 BETWEEN: Township of West Orange 66 Main Street West Orange, NJ 07052 Hereinafter referred to as the "Township” AND: Phoenix Advisors 625 Farnworth Avenue Bordentown, NJ 08505 Hereinafter referred to as the "Professional”. W I T N E S S E T H: WHEREAS, the Township recognizes the need for Redevelopment Financial Consulting services; and WHEREAS, in that connection Phoenix Advisors is qualified to provide said services; and WHEREAS, the Township desires to engage Phoenix Advisors to serve as an “Independent Contractor” to provide professional services that may be designated by the Township as a fair and open contract pursuant to the provisions of N.J.S.A. 19:44A-20.5; NOW, THEREFORE, in consideration of the terms, conditions and stipulations hereinafter set forth, it is mutually agreed by and between the parties: 1. WORK TO BE PERFORMED The Professional shall provide services related to municipal finance, bonding, PILOTS (payments in lieu of taxes), historic tax credits, redevelopment area bonds, and related matters, which may be beneficial with regard to the analysis of a redevelopment plan and redevelopment agreement. 1