Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: Construction of owner-occupied facility to be used as Community Center for social service programs and faith based activities
Entity Name: Liberation In Truth Unity Fellowship Church
Entity Address: 47-49 New Street, Newark, NJ 07102
Sale Amount: $21,636.46
Cost Basis: (X) $2.00 PSF ( ) Negotiated ( ) N/A ( ) Other: _________
Assessed Amount: $250,000.00
Appraised Amount: Information not provided
Contract Period: To commence within three (3) months for a period not to exceed 24 months from transfer of Title.
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
(X) Fair & Open ( ) Non-Fair & Open (X) RFP ( ) RFQ (X) Private Sale
( ) Grant ( ) Sub-recipient ( ) n/a
List of Property: All within the Central Ward
(Address/Block/Lot/Ward/Total Square Footage)
8 Livingston St./2520/ 60/2,500
6 Livingston St./2520/61/2,500
247-251 Springfield Ave/2520/62/5,818.23
Additional Information: N/A
Invitation: Director of Economic & Housing Development, September 15, 2009