Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Allocation of Recovery Zone Facility Bond Volume
Purpose: Substantial Rehab & Development of a Mixed-Use Project at the former National State Bank Building located at 810 Broad St., Nwk., NJ (Part of the city designated as a "Recovery Zone" by reso: 7R5-d(as)070109)
Entity Name/Address: 810 Broad St., L.L.C/810 Broad St, Nwk, NJ
Allocation Amount: $5,438,000.00 (The city received a total allocation amount of $7,438,000.00) Funding Source: Recovery Zone Facility Bonds - American Recovery and Reinvestment Act of 2009 (ARRA)