File #: 08-151    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/10/2008 In control: Economic and Housing Development
On agenda: 10/1/2008 Final action: 9/23/2008
Title: Dept/ Agency: Department Economic and Housing Development AUTHORIZING Type of Service: Contract Purpose: Private Sale for Redevelopment of City Owned Properties To undertake the construction of Workforce Housing in the South and West Wards. Entity Name: Escalade Express Homes, LLC Address: 27 Washington Street, West Orange, NJ 07052 Sale Amount: $116,466.00 Assessed Amount(s): Listed Below Contract Period: 18 months after Conveyance of Title Contract Basis: Non-Fair & Open /RFP Additional Comments: 302-304 W. Runyon St./Block 3036/Lot 34&35/ Assessed: $46,300.00 41-43 Randolph Pl./Block 3041/Lot 35/ Assessed: $49,400.00 465 Hawthorne Ave./Block 3044.02/Lot 54/ Assessed: $50,100.00 437 Jeliff Ave./Block 3578/Lot 61/ Assessed: $20,200.00 87 West End Ave./Block 4052/Lot 43/ Assessed: $39,700.00 50 Alexander St./Block 4057/Lot 29/ Assessed: $110,900.00 131 Alexander St./Block 4059/Lot 22/ Assessed: $27,100.00 545 Sanford Ave./Block 4120/Lot 21/ Assessed: $44,100.00

Title

Dept/ Agency:  Department Economic and Housing Development

AUTHORIZING

Type of Service:  Contract

Purpose: Private Sale for Redevelopment of City Owned Properties

To undertake the construction of Workforce Housing in the South and West Wards.

Entity Name: Escalade Express Homes, LLC

Address:  27 Washington Street, West Orange, NJ 07052

Sale Amount: $116,466.00

Assessed Amount(s): Listed Below

Contract Period: 18 months after Conveyance of Title

Contract Basis: Non-Fair & Open /RFP     

Additional Comments: 

302-304 W. Runyon St./Block 3036/Lot 34&35/ Assessed: $46,300.00

41-43 Randolph Pl./Block 3041/Lot 35/ Assessed: $49,400.00

465 Hawthorne Ave./Block 3044.02/Lot 54/ Assessed: $50,100.00

437 Jeliff Ave./Block 3578/Lot 61/ Assessed: $20,200.00

87 West End Ave./Block 4052/Lot 43/ Assessed: $39,700.00

50 Alexander St./Block 4057/Lot 29/ Assessed: $110,900.00

131 Alexander St./Block 4059/Lot 22/ Assessed: $27,100.00

545 Sanford Ave./Block 4120/Lot 21/ Assessed: $44,100.00