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Resolution of the Mayor and Council of Princeton Authorizing a 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, the Conservatory will offer musical classes Monday through Friday, between 3:00 P.M. to 9:00 P.M. and Saturday, between 10:00 A.M. to 4:00 P.M. in certain Buildings located on the Property, and is staffed Monday through Friday, between 8:00 A.M. and 10:00 P.M. and Saturday, between 9:00 A.M. and 5:00 P.M.; and
WHEREAS, the University has requested the Municipality grant it a license to continue the operation of the Conservatory (the "License"); and
WHEREAS, the Mayor and Council of the Municipality of Princeton (the "Governing Body") have found that the Conservatory will promote the health, safety, morals and general welfare of the Municipality's residents and the community; and
WHEREAS, the Municipality and the University have negotiated a license...
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