Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application/Acceptance of Grant Funds
Purpose: To conduct remedial investigation at Former Allen's Amoco Service Station.
Entity Name: New Jersey Economic Development Authority
Entity Address: 36 West State Street, Trenton, New Jersey 08625
Grant Amount: $186,267.95
Total Project Cost: $186,267.95
City Contribution: $500.00 processing fee
Other Funding Source/Amount: $0.00
Grant Period: February 28, 2022 until December 31, 2023
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)
861-869 Clinton Avenue/Block 3016/Lot 25/South Ward)
Additional Information:
The former Allen's Amoco Service Station.
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WHEREAS, a grant and loan fund was established, jointly administered by the New Jersey Department of Environmental Protection ("NJDEP") and the New Jersey Economic Development Authority ("NJEDA") known as the Hazardous Discharge Site Remediation Fund ("HDSRF") codified as N.J.S.A. 58:10B-1 et seq., dedicated for the provision of financial assistance to municipal governmental entities, individuals, corporations, partnerships and other private business entities for the purpose of financing remediation activities for sites, at which there is, or is suspected of being a discharge of hazardous substances or hazardous wastes; and
WHEREAS, the City of Newark (the "City") has applied for and has been awarded a grant in the amount of up to One Hundred Eighty-Six Thousand Two Hundred Sixty-Seven Hundred and Ninety-Five Cents ($186,267.95) from the Hazardous Discharge Site Remediation Fund Municipal Grant Program through the New Jersey Depart...
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