Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Redevelopment
Purpose: Redevelopment of various vacant City-owned lots, turn them into 27 affordable residential units with a multi-purpose gallery/performance space and cafe.
Entity Name: Newark Community Economic Development Corporation
Entity Address: 111 Mulberry Street, Newark, New Jersey 07102
Sale Amount: $0.00
Cost Basis: ( ) $ PSF ( ) Negotiated (X) N/A ( ) Other:
Assessed Amount: $0.00
Appraised Amount: $0.00
Contract Period: To be commenced within (3) three months of execution
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward/Size/Sq.Feet)
505-509 Clinton Avenue/3000/21/South/.3623/15,781.79
120-122 Chadwick Avenue/2686/35/South/.1205/5,250.00
Additional Information:
- Resolution 7Rdo(as) adopted on June 15, 2005 Designate Entire City as
Area in Need of Rehabilitation
- Ordinance 6PSF-n adopted on December 17, 2008-Bergen/Clinton
Redevelopment Plan
- Ordinance 6S&Fd(s) adopted August 17, 2005-South Ward
Redevelopment Plan
body
WHEREAS, the purpose of this resolution is to approve the rehabilitation to the existing Clinton Trust Building fa?ade and redevelop the adjacent property into 27 affordable residential units with a multi-purpose gallery/performance space and cafe, of the following City-owned properties located in the South Ward of the City of Newark (the "Properties"):
ADDRESS BLOCK LOT WARD SIZE SQ. FEET
505-509 Clinton Avenue 3000 21 South .3623 15,781.79
120-122 Chadwick Ave. 2686 35 South .1205 5,250.00
WHEREAS, the Local Red...
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