Title
Dept/ Agency: Recreation, Cultural Affairs and Senior Services
Action: ( ) Ratifying (X ) Authorizing ( ) Amending
Type of Service: Application/Acceptance of Grant Funds
Purpose: Accepting grant funds to redesign Broadway Park and develop the site into a new City park.
Entity Name: State of New Jersey Department of Environment Protection, Green Acres Program
Entity Address: 501 East State Street, 1st Floor, Trenton, NJ 08625
Grant Amount: $4,000,000.00
Total Project Cost: $7,360,000.00
City Contribution: $2,860,000.00
Grant Period: To be established for a period not to exceed twenty-four (24) consecutive months, commencing upon a fully executed contract
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( X ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
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WHEREAS, the New Jersey Department of Environmental Protection, Green Acres Program ("State"), provides loans and/or grants to municipal and county governments and grants to nonprofit organizations for assistance in the acquisition and development of lands for outdoor recreation and conservation purposes; and
WHEREAS, the City of Newark has been awarded a Green Acres grants totaling $2,600,000 and an Urban Parks grant of $500,000 from the State to fund the following project(s): 0714-21-011 0714-21-UPG Broadway Park; and
WHEREAS, the State and the City of Newark intend to increase Green Acres funding by $1,400,000, to increase Green Acres funding to a total of $4,000,000
WHEREAS, the City wishes to accept grant funding through the State for the development of Broadway Park, in the estimated amount of One Million Four Hundred Thousand Dollars and Zero Cents ($1,400,000.00); and
WHEREAS, the State shall determine if the application is complete and in conformance with the sco...
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