Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Execute Community Benefits Agreement.
Purpose: To authorize the execution of a Community Benefits Agreement between the City of Newark, SWPN 479 Clinton Avenue LLC, C/O South Ward Alliance, a NJ Nonprofit Corporation, and the New Jersey Economic Development Authority as a condition of receiving tax credits incentives under the Aspire Program Act, N.J.S.A. 34:1B-322 et seq., towards the construction of a 4-story, new construction, approximately 51,000 sq. ft. building to house community programs including pre-natal through toddler health services, a full service federally subsidized health care center, pharmacy, maternity center, a YMCA wellness center with nutrition counseling, physical therapy and fitness programs and office space at the properties located at 479-481 Clinton Avenue, 483 Clinton Avenue, 485 Clinton Avenue, 652 Bergen Street and 648-650 Bergen Street, Newark, New Jersey and identified on the City's tax map as Block 2685, Lots 30, 31, 32, 33, 34 & 35
Entity Name: SWPN 479 Clinton Avenue LLC, C/O South Ward Alliance, a NJ Nonprofit Corporation
Entity Address: 35 Halsey Street, Suite 3, Newark, New Jersey, 07102
Funding Source: Aspire Program Act, N.J.S.A. 34:1B-322 et seq.
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward)
479-481 Clinton Avenue/Block 2685/Lot 30/Additional Lot 31/South Ward
483 Clinton Avenue/Block 2685/Lot 32/South Ward
485 Clinton Avenue/Block 2685/Lot 33/South Ward
652 Bergen Street/Block 2685/Lot 34/South Ward
648-650 Bergen Street/Block 2685/Lot 35/South Ward
Additional Information:
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WHEREAS, pursuant to the New Jersey Economic Recovery Act of 2020, the ...
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