Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: For the construction of a parking lot for the adjacent property owner's tenants.
Entity Name: Helen Edede
Entity Address: 69-71 Brookdale Avenue, Newark, NJ 07106
Sale Amount: $25,000.00
Cost Basis: (X) $10.00 PSF ( ) Negotiated ( ) N/A ( ) Other: _________
Assessed Amount: $37,500.00
Appraised Amount: Information not provided
Contract Period: Must be commenced within 3 months and be completed within 9 months from transfer of ownership
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:
73 Brookdale Avenue/Block 4065/Lot 58/West Ward
Additional Information: February 2009 Rolling Sale/City-Owned Vacant Land and Structures