City Terminates iStar's Waterfront Redevelopment Rights

From the City Attorney for Asbury Park, Fred Raffetto:
The City has sent a letter to ISTAR terminating its redevelopment rights under the Waterfront Redevelopment Agreement. The letter was signed by the City Manager and is a public document, should you wish to obtain a copy of same. Whether the termination will be upheld, however, is an issue that will be determined through the litigation proceedings.
Asbury Radio is told a similar letter was sent to Metro Homes, regarding its waterfront property, initially sited for the Esperanza Project.
Agenda for tonight's meeting follows:

Date: 02/02/2011

Time: 7:00 pm

Where: Asbury Park Description

AGENDA FOR REGULAR MEETING OF CITY COUNCIL
WEDNESDAY, FEBRUARY 2, 2011
7:00 PM
SILENT PRAYER / MOMENT OF REFLECTION

SALUTE TO FLAG
ANNOUNCEMENT BY MAYOR JOHNSON – as to compliance with the
“Open Public Meetings Act, Chapter 231, PL 1975” adequate notice of this
Meeting had been provided in the following manner:
The Annual Notice was forwarded to the Asbury Park Press, The Coaster
and Star Ledger on December 22, 2009 and posted on the bulletin board
the same date. All notices on file with the City Clerk.
1. PUBLIC PARTICIPATION:
2. APPROVAL OF MINUTES: RM 1/19/11(DM Loffredo absent)
3. PAYROLL RESOLUTION:
4. BILL RESOLUTION + INSERVCO:
5. APPLICATIONS: BINGO/RAFFLE/LIQUOR/SPECIAL EVENTS, etc.

Social Affair Permit – Red Cross.

Raffle – Red Cross.

Raffle – Red Cross.

6. RESOLUTIONS:
Appointments / Re-appointments.

Open Space Grant

Refund overpayment – 633 Cookman, Unit 201.

Hold Hramless – Mon. Cty. Mosquito Commission.

Right of Entry – “ “ “ “
7. ORDINANCES: Introduction –

Revised Ordinances Regarding Pay to Play Regulation for a First Reading

Submitted By

Stephen M. Kay
City Clerk – 732-502-5718
City of Asbury Park
Council Meeting
Workshop Session
February 2, 2011
6:00 pm
Agenda
I. Review of Regular Agenda Items

“Waterfront Redevelopment Area Update.” 
II. Items Presented by Brian Grant, City Engineer
Monmouth County Mosquito Extermination Agreement

Snow Removal Plan and Snow Emergencies matters

Multi-Space Parking Authorization
III. Items Presented by James Famularo, Assistant City Manager/Recreation Director
Request to use City’s free date for Convention for Urban Wrestling High School championship by the Recreation Department

Proposal to perform a geophysical subsurface survey and site assessment for Field behind Middle School
IV. Special Event Applications:
No. Name Description

Location Date
Alexandra DeManco Fireworks Display Sweet 16 2nd Avenue Beach 03/19

V. Matters to be introduced by City Counci
VI. Matters to be introduced by City Attorney
VII. Matters to be introduced by City Manager - NOTE: an item has been moved from Executive to the Workshop
VIII. Matters to be introduced by Assistant City Manager

City of Asbury Park
City Council Meeting

Executive Session [Closed Mtg-Titles are the legal exemptions underwhich the discussion is being held out of public sight.]
February 2, 2011
5:00 PM

I. Potential Litigation [Revised to Litigation 2/2/11]
I-Star/Asbury Partners Default Update (Aaron/Scotland) [The matter is now before the Court]

Waterfront Redevelopment Area Update

II. Contract Negotiation

Asbury Park Middle School Field Update

(Agreement with Board of Education)

III. Labor Negotiation
PBA/SOA Update
IV. Investigation/Potential Negotiation [Changed to Investigation/Potential Litigation 2/2/11]
A. Police/Liquor License Update (Raffetto/Kinmon)
Venue: Council Chambers

Street: One Municipal Plaza

ZIP: 07712

City: Asbury Park

State: New Jersey