Title
ORDINANCE AUTHORIZING THE MAYOR, AND/OR HIS DESIGNEE, THE DEPUTY MAYOR/DIRECTOR OF THE DEPARTMENT OF ECONOMIC AND HOUSING DEVELOPMENT TO ENTER INTO A PURCHASE AND SALE AGREEMENT WITH THE NEWARK HOUSING AUTHORITY FOR THE SALE OF CERTAIN CITY-OWNED PROPERTIES IN THE SOUTH WARD TO THE NEWARK HOUSING AUTHORITY AND THE ACQUISITION OF CERTAIN PROPERTIES OWNED BY THE NEWARK HOUSING AUTHORITY IN THE WEST, SOUTH AND CENTRAL WARDS FOR THE SUM OF ONE DOLLAR ($1.00).
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WHEREAS, the City is the owner of the following parcels of real property each located in the City of Newark, Essex County, New Jersey:
Address Block Lot Ward Size Sq. Feet
210-218 Badger Avenue 2692 41 South 125X105 13,125.
220-224 Badger Avenue 2692 40 South 85X105 8,925.
226-232 Badger Avenue 2692 34 South 90X105 9,450.
(31,500 Total Sq. Ft)
(the "City Property"); and
WHEREAS, the Newark Housing Authority (NHA) is the owner of the following parcels of real property located in the City of Newark, Essex County, New Jersey:
Address Block Lot Ward Size Sq. Feet
312-314 So. 19th Street 1793 48 West 50X100 5,000.
529 So. 19th Street 337 14 West 24.11X100 2,411.
531 So. 19th Street 337 15 West 25.1X100 2,510.
533 So. 19th Street 337 16 West 25X100 2,500.
464 So. 14th Street 330 39 West 25X100 2,500.
235-239 Hawthorne 3021 20 South 59.19X104 6,155.76
Avenue
209-211 Irvine Turner Blvd. 2567 35 Central 50X100 5,000.
219 Irvine Turner Blvd. 2567 30 Central 26.9X90 2,421.
(28,497.76 Total Sq. Ft)
(the "NHA Property"); and
WHEREAS, pursuant to N.J.S.A. 40A:12-13(b)(1) the City is authorized to sell any parcel of real property at private sale to any other governmental agency; and
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