Title
Dept/Agency: Recreation, Cultural Affairs and Senior Services
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Memorandum of Agreement with Bloomfield Avenue/Lower Broadway Alliance ("BALBA")
Purpose: To revitalize the City-owned park, Salvatore Bontempo Memorial Park, located at the intersection of Bloomfield Avenue and First Avenue (Block 598, Lot 1).
Entity Name: Bloomfield Avenue/Lower Broadway Alliance ("BALBA")
Entity Address: 228 North 15th Street, Bloomfield, New Jersey 07003
Project Location: 368-378 Bloomfield Avenue (corner of Bloomfield Avenue and First Avenue), Newark, New Jersey 07107 (Block 598, Lot 1)
Contract Amount: $657,977.00 (Preliminary Total Park Estimate); City's total contribution for the Park not to exceed $300,000.00
Contract Period: Upon execution, not to exceed five (5) consecutive years, unless extended upon mutual agreement and subject to adoption by the Municipal Council
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a
Additional Information:
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WHEREAS, pursuant to Ordinance 6PSF-h, adopted on July 12, 2017, the Mayor of the City and the Municipal Council authorized the creation of Bloomfield Avenue/Lower Broadway Business Improvement District ("District") and designated the Bloomfield Avenue/Lower Broadway Alliance (hereinafter "BALBA") to serve as the district management corporation and operating organization; and
WHEREAS, the BALBA provides administrative and other services to benefit businesses, employees, residents, visitors and consumers in the District;
WHEREAS, N.J.S.A. 40:12-20 et seq. (the "Act") recognizes that counties and municipalities often do not have the funds necessary for the proper maintenance, operation and improvement of their parks even t...
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