Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Agreement with Government Entity
Purpose: Authorizing Execution of a Settlement Agreement with New Jersey Department of Environmental Protection ("NJDEP") to Satisfy Liens for Environmental Cleanup Costs Incurred by NJDEP at Former White Chemical Site
Entity Name: New Jersey Department of Environmental Protection
Entity Address: 401 East State Street, Trenton, NJ 08625
Contract Amount: $725,000.00
Funding Source: Portion of Proceeds from Sale of Block 3782, Lot 109 to 3-J's Development Group. LLC ("Redeveloper")
Contract Period: N/A
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) n/a
List of Property:
(Address/Block/Lot/Ward)
646-696 Frelinghuysen Avenue Rear/Block 3782/Lot 109/South Ward
Additional Information:
This legislation is related to 7R2-c, adopted April 4, 2018, which is the Original Redevelopment Agreement with Redeveloper, Legistar [18-1504], which is the Interim Redevelopment Agreement with Redeveloper, and 7R2-f (s/as), adopted September 25, 2018, which is a Release and Waiver of Lien Agreement between the City and the United States Environmental Protection Agency.
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WHEREAS, the purpose of this resolution is to approve the execution of a Settlement Agreement with the New Jersey Department of Environmental Protection ("NJDEP") in order to resolve certain NJDEP liens on the City-owned property located on Block 3782, Lot 109, on the Tax Map of the City of Newark, more commonly known as 646- 696 Frelinghuysen Avenue, Rear (the "Property") in order to allow for the sale and redevelopment of the Property; and
WHEREAS, a long history of on?site industrial operations at the Property, including by Union Carbide, Central Laundry, Lan...
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