Title
Dept/ Agency: Economic & Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Acceptance of Grant Funds
Purpose: Fund the project titled, Citywide Commercial Corridor Revitalization Facade Improvement Program, Phase I.
Entity Name: State of New Jersey Urban Enterprise Zone Authority
Entity Address: 650 South Broad Street, 3rd Floor, Trenton, NJ 08625
Grant Amount: $3,923,500.00
Funding Source: State of New Jersey Urban Enterprise Zone Authority
Total Project Cost: $3,923,500.00
City Contribution: No municipal funds are required
Other Funding Source/Amount: N/A
Contract Period: Commencing on May 15, 2009 and terminating on May 31, 2011
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) Non-Fair & Open ( ) RFP ( ) RFQ ( ) Private Sale
(X) Grant ( ) Sub-recipient ( ) n/a
Additional Information: Support Resolution 7R3-b 041509
Invitation: Economic & Housing Development Director, October 20, 2009