Title
Dept/ Agency: Recreation, Cultural Affairs and Senior Services
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application for Grant Funds
Purpose: An application for supplemental 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, New Jersey 08625
Grant Amount: $4,260,000.00
Total Project Cost: $7,360,000.00
City Contribution: $0.00
Other Funding Source/Amount: $0.00
Grant Period: May 1, 2024 through December 31, 2026
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 State of New Jersey Department of Environmental Protection, Green Acres Program (the "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 (the "City") has previously obtained a Green Acres loan of $0 and/or a Green Acres grant of Two Million Six Hundred Thousand Dollars and Zero Cents ($2,600,000.00) from the State [and an Urban Parks grant of Five Hundred Thousand Dollars and Zero Cents ($500,000.00)] from the State to fund the following project(s) 0714-21-UPG; 0714-21-011Broadway Park; and
WHEREAS, the City of Newark desires to further the public interest by requesting an additional Green Acres loan of $0 and/or an additional Green Acres grant of $4,260,000.00 [and an additional Urban Parks grant of $0 from the State to fund the project(s); and
WHEREAS, the State shall determine if the supplemental funding request is complete and in ...
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