Title
Dept/ Agency: Administration/Office of Management and Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: The transformational centerpiece of the planned re-emergence of the Lincoln Park Neighborhood as an artistic, energetic, healthy and empowered community
Funding Source: United States Department of Housing and Urban Development (HUD), CPD Congressional Grants Division
Appropriation Amount: $3,550,000.00
Budget Year: 2025
Contract Period: Until August 31, 2031
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( x ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Funds accepted by Resolution # Legistar File ID 25-0305, submitted under separate cover by the Department of Administration
Operating Agency: Department of Administration
Two-Thirds vote of full membership required.
body
TE # 32
WHEREAS, an emergency has arisen in Special Item of Appropriation in the amount of $3,550,000.00 for the Lincoln Park Restoration Project and no adequate provision has been made in the 2025 Temporary Budget for the aforesaid purpose, and N.J.S.A. 40A:4-20 provides for the creation of an emergency appropriation for the same; and
WHEREAS, by a Notice of Award dated March 2, 2023, United States Department of Housing and Urban Development (HUD), CPD Congressional Grants Division, awarded the City of Newark, a grant in the amount of $3,550,000.00, for the Lincoln Park Restoration Project, which is the transformational centerpiece of the planned re-emergence of the Lincoln Park Neighborhood as an artistic, energetic, healthy and empowered community; and
WHEREAS, N.J.S.A. 40A:4-20 provides that the Governing Body, by a two-thirds vote, may make temporary emergency appropria...
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