PERTH AMBOY – R-169 -3/14 Authorizing a contract with McManimon & Scotland to represent the City of Perth Amboy, its City Council and Perth Amboy Redevelopment Agency in the matter of Landings and Harborside LLC et als vs. City of Perth Amboy et als in an amount not to exceed $50,000.

Residents Stanley Sierakowski and Fernando Gonzalez both questioned this resolution.

Developer Charles Kushner waived his right to nineteen acres (which was part of the original Landings plans). Sierakowski wanted to know, “Did we sue him [Kushner] for walking away from the contract? I would advise that you consult an outside real estate attorney about this matter.”

Former Councilman Fernando Gonzalez reminded the Council that the City is carrying a $4 million loan for Kushner.

B.A. Greg Fehrenbach said, “It’s a $4.8 million loan.”

F. Gonzalez continued, “We are not collecting taxes from this, but we are paying interest on this property annually. We need to sue them [Kushner] back.”