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Resolution of the Mayor and Council of Princeton to Authorize a License Agreement with McCarter Theater Center
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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, McCarter Theatre Center ("McCarter") is a non-profit, 501(c)(3) corporation, that provides a variety of educational and community-based services, including youth summer camps that offer theatre training and performance opportunities to campers (the "Program"); and
WHEREAS, McCarter has requested the Municipality grant it a license to use certain portions of the Property in connection with the Program (the "License"), as follows:
(collectively, the "License"); and
WHEREAS, the Municipality and McCarter have negotiated a license agreement (the "License Agreement") to memorialize their respective rights and obligations with respect to the License; and
WHEREAS, the Mayor and Council of the Municipality of Princeton (the "Governing Body") have found that the Program will promote the health, safety, morals and general welfare of the Municipality's residents and the community; and
WHEREAS, the Governing Body desires to authorize the execution of the License Agreement, in substantially the form attached hereto as Exhibit A.
NOW, THEREFORE, BE IT RESOL...
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