File #: 08-243    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 10/6/2008 In control: Economic and Housing Development
On agenda: 10/15/2008 Final action: 10/15/2008
Title: Dept/ Agency: Department of Economic and Housing Development AUTHORIZING Type of Service: Contract/Private Sale of City Owned Property Purpose: Redevelopment/Construction of five new two family homes for sale to families earning under 120% Area Median Income Entity Name: Pedro Gomes Address: 91 Kossuth Street, Newark, NJ 07105 Sale Amount: 12,512.50 sq ft x $9.99 = $125,000.00 Assessed Amount: $138,400.00 Contract Basis: January 2008 Rolling Sale - Multi-Family / Commercial/Mix-Use Cluster 7 / RFP List of Properties: All within the Southward 33 Madison Avenue, Block 2664, Lot 29 35 Madison Avenue, Block 2664, Lot 30 37 Madison Avenue, Block 2664, Lot 31 39 Madison Avenue, Block 2664, Lot 54 136 Badger Avenue (aka 41 Madison Avenue), Block 2664, Lot 32 Additional Comments: N/A Invitation: Director of Economic & Housing Development, October 15, 2008.

Title

Dept/ Agency:  Department of Economic and Housing Development

AUTHORIZING

Type of Service: Contract/Private Sale of City Owned Property

Purpose: Redevelopment/Construction of five new two family homes for sale to families earning under 120% Area Median Income

Entity Name:  Pedro Gomes

Address:   91 Kossuth Street, Newark, NJ 07105

Sale Amount:  12,512.50 sq ft x $9.99 = $125,000.00

Assessed Amount: $138,400.00

Contract Basis:  January 2008 Rolling Sale - Multi-Family / Commercial/Mix-Use Cluster 7 / RFP

List of Properties: All within the Southward

33 Madison Avenue, Block 2664, Lot 29

35 Madison Avenue, Block 2664, Lot 30

37 Madison Avenue, Block 2664, Lot 31

39 Madison Avenue, Block 2664, Lot 54

136 Badger Avenue (aka 41 Madison Avenue), Block 2664, Lot 32

Additional Comments:  N/A

Invitation: Director of Economic & Housing Development, October 15, 2008.