Township Council Meeting — Packet

9. Adjustments. All adjustments of real estate taxes, assessments and water/sewer charges and other credits, if any, shall be apportioned as of midnight of the day before the day of Closing. Any errors or omissions in computing adjustments shall be corrected within a reasonable time period following the Closing of title. This shall survive the Closing. 10. Defaults and Remedies. The Default of either party of the obligations as detailed in this Agreement shall be governed as follows: (a) If the Purchaser defaults hereunder or under the Redevelopment Agreement, the Seller's sole and exclusive remedy shall be to terminate this Agreement. (b) If the Seller defaults hereunder, the Purchaser shall have such remedies as Purchaser shall be entitled to at law or in equity, including, but not limited to, specific performance. 11. Governing Law. This Agreement shall be governed by, interpreted under, and construed and enforced in accordance with the laws of the State of New Jersey applicable to agreements made and to be performed wholly within the State of New Jersey. Jurisdiction for all disputes arising out of this Agreement shall be in the state courts of New Jersey. 13. Entire Agreement. This Agreement and the Redevelopment Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous representations, statements, understandings, and agreements, oral and written, between the parties, if any, with respect thereto. 14. Waiver; Amendments. This Agreement and any provision thereof may not be waived, changed or cancelled except by a written agreement signed by the parties. The parties hereby authorize their respective attorneys to agree in writing to any changes in dates and time periods provided for in this Agreement. 15. Further Assurances. Each party shall, at any time, executed, acknowledge where appropriate and deliver such further instruments and documents and take such other action as may be reasonably requested by the other in order to carry out the intent and purpose of this Agreement. 16. Successors and Assigns. The covenants, conditions and agreements in this Agreement shall bind and inure to the benefit of Seller and Purchaser and

ut the intent and purpose of this Agreement. 16. Successors and Assigns. The covenants, conditions and agreements in this Agreement shall bind and inure to the benefit of Seller and Purchaser and their respective permitted successors and assigns only to the extent permitted under the Redevelopment Agreement. 17. Termination Rights Related to Litigation. If third party litigation is commenced challenging the validity of this Agreement or the sale of the Property, then either party may terminate this Agreement by written notice to the other. Upon 4 #96123540.8 4912-6996-0637, v. 1

such termination, this Agreement shall be void and of no further force and effect and neither Party hereto shall have any rights, liabilities and/or obligations hereunder. 18. Notices. All notices, demands or requests required or deemed to be given hereunder shall be given in writing and sent by registered or certified mail, return receipt requested, or overnight delivery service such as Federal Express, addressed to the parties and attorneys for the parties as hereinafter provided: To Seller: Township of West Orange 66 Main Street West Orange, New Jersey 07052 Attention: Peter Smerado, Business Administrator With a conforming copy sent in like manner to: Robert Beckelman, Esq. Wilentz, Goldman & Spitzer 90 Woodbridge Center Drive P.O. Box 10 Woodbridge, New Jersey 07095 To Purchaser: 18 Central Avenue Urban Renewal LLC c/o The Alpert Group 60 Bergen Ave Teaneck, NJ 07666 With a conforming copy sent in like manner to: William C. Sullivan, Jr., Esq. Scarinci Hollenbeck 150 Clove Road, 9th Floor Little Falls, New Jersey 07424 All notices given hereunder shall be deemed effective on the business day following delivery to the overnight delivery service if sent by overnight delivery or three (3) business days after mailed, if sent by certified mail, as the case may be. Notices required or permitted to be given hereunder may be given by a party's attorneys. IN WITNESS WHEREOF, the parties have duly executed this Agreement as of the day and year first above written. TOWNSHIP OF WEST ORANGE By: _____________________________________ Susan McCartney, Mayor 5 #96123540.8 4912-6996-0637, v. 1

18 CENTRAL AVENUE URBAN RENEWAL LLC By: Joseph Alpert, Manager 6 #96123540.8 4912-6996-0637, v. 1

2981-26 AN ORDINANCE AMENDING AND SUPPLEMENTING CHAPTER 7, “TRAFFIC,” SECTION 13, “PARKING PROHIBITED AT ALL TIMES ON CERTAIN STREETS,” OF THE MUNICIPAL CODE OF THE TOWNSHIP OF WEST ORANGE WHEREAS, The Mayor and Council of the Township of West Orange (the “Township”), have an interest in the efficient administration of government services; and WHEREAS, pursuant to N.J.S.A. 40:48-1, the governing body of a municipality may make, amend, repeal, and enforce such other ordinances, regulations, rules and by-laws not contrary to the laws of this State or Federal Government, as it may deem necessary and proper for the good of government, order and protection of person and property, and for the preservation of the public health, safety and welfare of the municipality and its inhabitants, and as may be necessary to carry into effect the powers and duties conferred and imposed by this subtitle, or by any law; and WHEREAS, the Township desires to amend Chapter 7, “Traffic,” Section 13, “Parking Prohibited at All Times on Certain Streets,” of the Township Municipal Code to add additional on street parking for residents and local businesses; and NOW, THEREFORE, BE IT ORDAINED, by the Mayor and Township Council of the Township of West Orange, in the County of Essex, State of New Jersey, being the governing body thereof, that Section 13, “Parking Prohibited at All Times on Certain Streets,” of Chapter 7 “Traffic,” shall be amended as follows. Section 1. RECITALS. The foregoing whereas clauses are incorporated herein by reference and made a part hereof. Section 2. Chapter 7, “Traffic,” Section 13, “Parking Prohibited at All Times on Certain Streets”, is hereby amended to incorporate the following changes: Note: Additions are shown in bold and underline and deletions are shown as strikethrough. § 7-13 Parking Prohibited at All Times on Certain Streets Name of Street Sides Location Standish Avenue East Beginning at the southerly curb line of Lakeside Avenue and extending 100 feet south. Standish Avenue East Entire Length

Section 3. If any provision of this Ordinance or application thereof, under any circumstances, is held invalid, the invalidity shall not affect any other provisions or applications of this Ordinance that can be given effect without the invalid provision(s) or application(s) and to this end the provisions of this Ordinance are severable. All other Ordinances or parts of Ordinances inconsistent with this Ordinance are hereby repealed. Section 4. This Ordinance shall take effect upon final passage and publication in accordance with law. NOTICE NOTICE IS HEREBY GIVEN, that the above Ordinance was introduced and passed on first reading at the regular meeting of the Township Council of the Township of West Orange, County of Essex, State of New Jersey held in the Municipal Building on the 21st day of July, 2026, and the same came up for final passage at the regular meeting of the Township Council held on the 4th day of August, 2026, at which time, after persons interested were given the opportunity to be heard concerning said Ordinance, the same was passed and will be in full force and effect in the Township of West Orange after approval by the Mayor or in accordance with law. SUSAN McCARTNEY, MAYOR SUSAN SCARPA, COUNCIL PRESIDENT KAREN J. CARNEVALE, R.M.C. MUNICIPAL CLERK INTRODUCED: July 21, 2026 ADOPTED: August 4, 2026

2981-26 LEGISLATIVE HISTORY This Ordinance amends and supplements Chapter 7 Traffic, Subsection 13 Parking Prohibited at All Times on Certain Streets of the Revised General Ordinances. Standish Avenue was designated as a One-Way Street by Ordinance #2930-25, to create more parking opportunities for both local residences and local businesses. As part of this change, it has been determined that allowing parking on the east side of the roadway will create additional needed parking. It is necessary to continue to prohibit parking within 100’ feet of the northerly end of the street to allow school buses, delivery vehicles, and fire apparatus to turn safely into the street.

2982-26 AN ORDINANCE AMENDING AND SUPPLEMENTING CHAPTER 7, “TRAFFIC,” SECTION 10.1, “STOPPING OR STANDING PROHIBITED DURING CERTAIN HOURS ON CERTAIN STREETS”, SECTION 10.2 “STOPPING OR STANDING PROHIBITED DURING CERTAIN HOURS ON CERTAIN STREETS ON CERTAIN DAYS”, SECTION 11 “PARKING TIME LIMITED ON CERTAIN STREETS DURING CERTAIN HOURS”, AND SECTION 13 “PARKING PROHIBITED AT ALL TIMES ON CERTAIN STREETS”, OF THE MUNICIPAL CODE OF THE TOWNSHIP OF WEST ORANGE WHEREAS, The Mayor and Council of the Township of West Orange (the “Township”), have an interest in the efficient administration of government services; and WHEREAS, pursuant to N.J.S.A. 40:48-1, the governing body of a municipality may make, amend, repeal, and enforce such other ordinances, regulations, rules and by-laws not contrary to the laws of this State or Federal Government, as it may deem necessary and proper for the good of government, order and protection of person and property, and for the preservation of the public health, safety and welfare of the municipality and its inhabitants, and as may be necessary to carry into effect the powers and duties conferred and imposed by this subtitle, or by any law; and WHEREAS, the Township desires to amend Chapter 7, “Traffic,” Sections 10.1,10.2, 11, and 13, of the Township Municipal Code to add an on-street drop off zone to be utilized by parents; and NOW, THEREFORE, BE IT ORDAINED, by the Mayor and Township Council of the Township of West Orange, in the County of Essex, State of New Jersey, being the governing body thereof, that the following Sections of Chapter 7 “Traffic,” shall be amended as follows. Section 1. RECITALS. The foregoing whereas clauses are incorporated herein by reference and made a part hereof. Section 2. Chapter 7, “Traffic,” Section 10.1, “Stopping or Standing Prohibited During Certain Hours on Certain Streets”, is hereby amended to incorporate the following changes: Note: Additions are shown in bold and underline and deletions are shown as strikethrough. § 7-13 Stopping or Standing Prohibited During Certain Hours on Certain Streets Name of Street Sides Hours Location Redwood Avenue West All From a point 290 feet north

Sides Hours Location Redwood Avenue West All From a point 290 feet north of the northerly curb line of Ellis Street continuing north to Woodland Avenue. Section 3. Chapter 7, “Traffic,” Section 10.2, “Stopping or Standing Prohibited During Certain Hours on Certain Streets on Certain Days”, is hereby amended to incorporate the following changes: Note: Additions are shown in bold and underline and deletions are shown as strikethrough. § 7-10.2 Stopping or Standing Prohibited During Certain Hours on Certain Streets on Certain Days Name of Street Sides Hours Days Location Nicholas Avenue Both 8:00 a.m to 10:00 a.m. School Days From Redwood Avenue to 3:00 p.m. to 5 p.m. Terrace Avenue Redwood Avenue East 8:00 a.m to 10:00 a.m School Days From Cannon Street to the

3:00 p.m. to 5 p.m. northerly dead end. Redwood Avenue West 8:00 a.m to 10:00 a.m School Days From Woodland Avenue to 3:00 p.m. to 5 p.m. the northerly dead end. Redwood Avenue Both 8:00 a.m to 10:00 a.m School Days From Woodland Avenue to 3:00 p.m. to 5 p.m. the northerly dead end. Section 4. Chapter 7, “Traffic,” Section 11, “Parking Time Limited on Certain Streets During Certain Hours”, is hereby amended to incorporate the following changes: Note: Additions are shown in bold and underline and deletions are shown as strikethrough. § 7-11 Parking Time Limited on Certain Streets During Certain Hours Name of Street Sides Time Limit Hours Location Redwood Avenue East 10 minutes 8-10 A.M. From a point 136 feet south of 3-5 P.M. the southerly curb line of School Days Woodland Avenue extended to the northerly curb line of Ellis Street extended. Section 5. Chapter 7, “Traffic,” Section 13, “Parking Prohibited at All Times on Certain Streets”, is hereby amended to incorporate the following changes: Note: Additions are shown in bold and underline and deletions are shown as strikethrough. § 7-13 Parking Prohibited at All Times on Certain Streets. Name of Street Sides Location Redwood Avenue West From the northerly curbline of Ellis Street to a point 290 feet northerly thereof. Redwood Avenue East From the southerly curb line of Woodland Avenue extended to a point 136 feet south. Redwood Avenue