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Resolution of the Mayor and Council of Princeton Renewing Lease Agreement between Princeton and Princeton Tennis Program in Connection with Community Park South Tennis Facility for Additional One-Year Term
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WHEREAS, on February 12, 2024, Princeton and the Princeton Tennis Program (“PTP”), a nonprofit corporation of the State of New Jersey, executed a Lease Agreement to enable PTP to operate tennis programming on twelve of the fifteen courts at the Community Park South Tennis Facility, which is located at Princeton Community Park South, designated as Block 69.02, Lot 2 on the Princeton Tax Map (“2024 Lease Agreement”); and
WHEREAS, the 2024 Lease Agreement provided for an initial one-year term (March 1, 2024 to February 28, 2025), with the ability of the parties to renew the 2024 Lease Agreement for up to two additional one-year terms; and
WHEREAS, by Resolution No. 25-44, Princeton Council authorized the renewal of the 2024 Lease Agreement for a one-year term (March 1, 2025 to February 28, 2026) on the basis that PTP’s continued provision of tennis programming at the Community Park Tennis Facility promotes the health, safety, morals and general welfare of the Princeton community; and
WHEREAS, at this time the parties seek to renew the 2024 Lease Agreement for a second one-year term, to commence on March 1, 2026 and terminate on February 28, 2027, on the basis that PTP’s continued provision of tennis programming at the Community Park Tennis Facility promotes the health, safety, morals and general welfare of the Princeton community; and
WHEREAS, pursuant to the 2024 Lease Agreement and applicable rules of the Green Acres Program (and in particular N.J.A.C. 7:36-25.13), the renewal of the 2024 Lease Agreement has been approved by the New Jersey Department of Environmental Protection.
NOW, THEREFORE, BE IT RESOLVED, by the Council of the Municipality of Princeton, County of Mercer, State of New Jersey, as follows:
1. The foregoing recitals are hereby incorporated herein as if fully restated.
2. The 2024 Lease Agreement is hereby amended by renewing said lease for an additional one-year term to commence on March 1, 2026 and terminate on February 28, 2027.
3. This Resolution, when countersigned by the Princeton Tennis Program, shall serve as the Second Amendment to the 2024 Lease Agreement.
4. All remaining provisions of the 2024 Lease Agreement not affected by this Second Amendment shall remain in full force and effect.
5. A copy of this Resolution shall be sent to:
Patrick O’Donnell, Mercer County Compliance Officer
Office of Transactions and Public Land Administration
New Jersey Department of Environmental Protection
401 E. State St., P.O. Box 420
Mail Code 401-07B
Trenton, NJ 08625-0420
ATTEST: THE MUNICIPALITY OF PRINCETON
By: _____________________________ By: _____________________________
ATTEST: PRINCETON TENNIS PROGRAM
By: _____________________________ By: _____________________________