Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing (X) Amending
Type of Service: Private Sale/Redevelopment
Purpose: Construction of a customer parking lot adjacent to G.G.O., Inc's. existing restaurant known as the Flamboyan Restaurant
Entity Name: G.G.O., Inc.
Entity Address: 147 Verona Avenue, Newark, NJ 07104
Sale Amount: $10,082.23
Cost Basis: (X) $7.85 PSF ( ) Negotiated ( ) N/A ( ) Other:
Assessed Amount: $10,082.23
Appraised Amount: Information not provided
Contract Period: Enter into a maximum of two six month extensions of the term of the contract and any contract timelines and milestones.
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
Address/Block/Lot/Ward/Size/Area
145 Verona Avenue/838/15/NW/23.1 x 55.6/1,284.36 sq. ft.
Additional Information: Original sale authorized by Resolution 7RK-111405, Consent Order by Superior Court of New Jersey amending injuction on June 22, 2007.