Title
Dept/ Agency: Economic & Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Acceptance of Grant Funds/ Enter and Execute Grant Agreement
Purpose: Funding the project, NJPAC Two Center Street Predevelopment Project for predevelopment costs associated with developing a mixed use retail, residential and parking project.
Entity Name: State of New Jersey Urban Enterprise Zone Authority
Entity Address: 650 South Broad Street, 3rd Fl. Trenton, NJ 08625
Grant Amount: $250,000.00
Funding Source: N/A
Total Project Cost: N/A
City Contribution: No municipal funds are required
Other Funding Source/Amount: N/A
Contract Period: Commencing on May 15, 2009 and terminating on May 31, 2010
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) Non-Fair & Open ( ) RFP ( ) RFQ ( ) Private Sale
(X) Grant ( ) Sub-recipient ( ) n/a
Additional Information: N/A