Public Township Council Meeting — Packet

108-12 May 29, 2012 RESOLUTION TO IMPLEMENT EMERGENCY REPAIR PROGRAM UNDER AFFORDABILITY ASSISTANCE WHEREAS, N.J.A.C. 5:97 – 8.8 (a) requires that at least 30 percent of all development fees collected and interest earned shall be used to provide Affordability Assistance to low income and moderate income households in affordable units included in a municipality’s Fair Share Plan; and WHEREAS, N.J.A.C. 5:97 – 8.8 (a) 1. states that among other options, Affordability Assistance may include assistance with emergency repairs; and WHEREAS, the Township has the following units / projects in its Certified Fair Share Plan: Degnan House, Jewish Federation Plaza, Woodland Valley, 4 Wedgewood Drive, Marmon Terrace, 97 Edgewood Avenue, 525 Pleasant Valley Way, 19 Dogwood Drive, Prism Group Home, 39 Washington, 158 Main Street, 152 Main Street, 112 Whittlesey Avenue and those homes in the Rehabilitation Program that still contain the 10 year lien; and WHEREAS, the Township shall make available funding for emergency repairs on an as- needed and requested basis; and NOW THEREFORE BE IT RESOLVED, that West Orange Township shall implement its Affordability Assistance requirement in the form of emergency repairs to units / projects that are in its certified Fair Share Plan; and BE IT FURTHER RESOLVED, that West Orange Township shall make available $777,341.62 for emergency repairs as seen in its amended spending plan. I certify the above to be a true copy of a Resolution adopted by the Township Council of the Township of West Orange at a meeting held on May 29, 2012. Karen J. Carnevale Patricia Spango Municipal Clerk Council President Adopted: May 29, 2012