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Resolution of the Mayor and Council of Princeton Authorizing an Amended License Agreement with Rider University
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WHEREAS, the Municipality of Princeton (the “Municipality”) is the owner of the real properties located at 27 Franklin Avenue, Princeton, New Jersey, and 101 Walnut Lane, Princeton, New Jersey, which are designated on the municipal tax maps as Block 7301, Lot 1, and Block 31.01, Lot 105, respectively (collectively, the “Property”); and
WHEREAS, the Property is improved with the Williamson Hall and Lounge, the Bristol Chapel, the Cullen Center, the Playhouse, the Cottage, Dayton-Ithaca-Princeton Hall, Erdman Hall, the Hamilton House, the Relocatable-Classrooms, Seabrook Hall, a Storage Facility, the Student Center - WCC, the Talbott Library, Taylor Hall and other ancillary improvements (collectively, the “Buildings”); and
WHEREAS, Rider University (the “University”), a non-profit 501(c)(3) corporation, has operated the Westminster Conservatory of Music (the “Conservatory”) at the Property; and
WHEREAS, the Conservatory offers members of the public of all ages, skill levels, instrument preferences, and economic backgrounds, the ability to obtain musical training; and
WHEREAS, on September 1, 2025, the Municipality and the University entered into a license agreement (the “License Agreement”) to provide for the continued operation of the Conservatory, subject to the terms and conditions set forth therein, for the term commencing September 1, 2025 and terminating December 31, 2025; and
WHEREAS, the University has requested the Municipality enter into an amended license agreement to extend the termination date of the License Agreement to August 1, 2026; and
WHEREAS, the Mayor and Council of the Municipality of Princeton (the “Governing Body”) have determined that the continued operation of the Conservatory until August 1, 2026 will promote the health, safety, morals and general welfare of the Municipality’s residents and community; and
WHEREAS, the Municipality and the University have negotiated an amended license agreement (the “Amended License Agreement”) to memorialize their respective rights and obligations; and
WHEREAS, the Governing Body desires to authorize the execution of the Amended License Agreement, in substantially the form attached hereto as Exhibit A.
NOW, THEREFORE, BE IT RESOLVED by the Council of Princeton, County of Mercer, State of New Jersey, as follows:
1. The Amended License Agreement, in substantially the form attached hereto as Exhibit A, is approved. The Mayor is hereby authorized to execute, on the Municipality’s behalf, the Amended License Agreement in substantially such form, with such editorial changes as the Mayor shall determine, in consultation with counsel, such determination to be conclusively evidenced by his execution of the Amended License Agreement. The Municipal Clerk is hereby authorized and directed to attest to the execution of the Amended License Agreement and to affix the corporate seal of the Municipality to the Amended License Agreement.
2. This Resolution shall take effect immediately.
3. The foregoing recitals are hereby incorporated by reference as if fully repeated herein.
4. A copy of this Resolution and the executed agreement shall be placed on file in the Clerk’s Office and shall be available for public inspection.