Title
Dept/ Agency: Engineering
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application for Grant Funds
Purpose: To provide for the rehabilitation and restoration of the Interior of Newark City Hall.
Entity Name: New Jersey Historic Trust, 2021 Preserve New Jersey Historic Preservation Fund
Entity Address: 101 S. Broad Street, 6th Floor, Trenton, New Jersey 08608
Grant Amount: $750,000.00
Total Project Cost: $1,500,000.00
City Contribution: $750,000.00
Other Funding Source/Amount: N/A
Grant Period: 2021 Multi-Phase Funding
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
List of Property: (if applicable)
(Address/Block/Lot/Ward)
Additional Information:
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WHEREAS, the New Jersey Historic Trust (the "Trust"), through their Garden State Historic Trust Fund, 2021 Preserve New Jersey Historic Preservation Fund (the "Preserve New Jersey Fund"), provides an annual source of matching grants from the state's corporate business tax for historic preservation project activities including preservation, rehabilitation, or restoration as defined by the Secretary of the Interior's Standards; and
WHEREAS, the City of Newark (the "City") finds it in the public interest to submit an application to the Trust seeking funding from the Preserve New Jersey Fund for the restoration and rehabilitation of the interior of Newark City Hall; and
WHEREAS, the Director of the Department of Engineering intends to prepare an application to the Trust, requesting a Capital Grant for phased multi-year funding in the amount of Seven Hundred and Fifty Thousand Dollars and Zero Cents ($750,000.00) from the Preserve New Jersey Fund for the restoration and rehabilitation of the interior of Newark City Hal...
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