File #: 09-1772    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 12/7/2009 In control: Economic and Housing Development
On agenda: 12/16/2009 Final action: 12/16/2009
Title: Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Amendment to Resolution #7R3-B(S) 042208 Purpose: Reducing the size of the project from sixty-three (63) affordable residential units to sixteen (16) affordable residential units and amend the tax abatement to reflect reduction in the size of the project Entity Name: LUA Homes, L.L.P. Entity Address: 103 Magazine Street, Newark, NJ 07103 Contract Amount: N/A Period: 30 Years Additional Information: Project Located: Block 565, Lots 28, 30, 55, more commonly known as 98-102 Broad Street Invitation: Economic & Housing Development Director, December 15, 2009 7R3-b (s) 042208 Dept./ Agency: Department of Economic and Housing Development Ratifying ( ) Authorizing (v) Amending ( ) Type of Service: Financial Agreement Purpose: Long Term Tax Exemption/Affordable Housing Project Entity Name(s): LUA Homes L.L.P. Address: 103 Magazine Street, Newark, New Je...

Title

Dept/ Agency:  Economic & Housing Development

Action:  (   ) Ratifying     (X) Authorizing     (X) Amending

Type of Service:  Amendment to Resolution #7R3-B(S) 042208

Purpose: Reducing the size of the project from sixty-three (63) affordable residential units to sixteen (16) affordable residential units and amend the tax abatement to reflect reduction in the size of the project

Entity Name:  LUA Homes, L.L.P.

Entity Address:  103 Magazine Street, Newark, NJ  07103

Contract Amount:  N/A

Period:  30 Years

Additional Information: Project Located:

Block 565, Lots 28, 30, 55, more commonly known as 98-102 Broad Street

Invitation: Economic & Housing Development Director, December 15, 2009

 

7R3-b (s) 042208

Dept./ Agency: Department of Economic and Housing Development

Ratifying (  )                                           Authorizing ()                                          Amending (  )

Type of Service:  Financial Agreement

Purpose:  Long Term Tax Exemption/Affordable Housing Project

Entity Name(s):   LUA Homes L.L.P.

Address:                       103 Magazine Street, Newark, New Jersey 07103

Contract Amount:  N/A

Period:   30 years

Additional Comments:  Project Located:

Block 522, Lots 1, 52, 53, 54, 55; Block 564, Lots 13, 14, 24.01, 24.02; Block 565, Lots 23, 28, 30, 55, 45, 46, 50, 52, more commonly known as 105-107 Mt. Pleasant Avenue, 114 Broad Street, 112 A Broad Street, 112 Broad Street, 110 Broad Street, 81 Broad Street, 83 Broad Street, 107 Broad Street, 105 Broad Street, 33 Third Avenue, 98-102 Broad Street, 56 Oriental Street, 37 Third Avenue and 39 Third Avenue