Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: To create a playground and parking lot
Entity Name: Greater Mt. Moriah Community Development Corporation, Inc.
Entity Address: 210 Clinton Avenue, Newark, NJ 07106
Sale Amount: $13,020.00
Closing Credit: $7,532.21
Cost Basis: ( ) $____ PSF ( ) Negotiated (X) N/A ( ) Other: _________
Assessed Amount: $93,100.00
Appraised Amount: Information not provided
Contract Period: 30 days upon notice to proceed through six (6) months not to exceed twelve (12) months
(With authorization to enter into a maximum of two (2) six (6) month extensions
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
12-16 Wright Street, Block 2802, Lot 29
Additional Information: N/A