City of Newark - File #: 08-183

• File #: 08-183
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 9/22/2008
• In control: Economic and Housing Development
• On agenda: 10/7/2008
• Final action: 10/7/2008
• Title: Dept/ Agency: Department of Economic & Housing Development AUTHORIZING Type of Service: Settlement/General Release Private Sale/First Amended Redevelopment Agreement Purpose: Private sale and redevelopment Entity Name: 183 Foundry Street, LLC Address: 170 Frelinghuysen Avenue, Newark, NJ 07102 Property: 171-183 Foundry Street, Block 5005 / Lot 5, Newark, NJ Contract Amount: $530,000.00 Assessed Amount: $516,000.00 Contract Basis: Private Sale Additional Comments: East Ward Invitation: Director of Economic and Housing Development, September 30, 2008.

Date	Ver.	Action By	Action	Result
10/7/2008	1	Municipal Council	Adopt	Pass
10/1/2008	1	Municipal Council	Defer to a Special Meeting	Pass

Title

Dept/ Agency:  Department of Economic & Housing Development

AUTHORIZING

Type of Service:  Settlement/General Release

                           Private Sale/First Amended Redevelopment Agreement

Purpose: Private sale and redevelopment

Entity Name:  183 Foundry Street, LLC

Address:  170 Frelinghuysen Avenue, Newark, NJ 07102

Property: 171-183 Foundry Street,  Block 5005 / Lot 5, Newark, NJ

Contract Amount: $530,000.00

Assessed Amount: $516,000.00

Contract Basis:  Private Sale

Additional Comments:  East Ward

Invitation: Director of Economic and Housing Development, September 30, 2008.