File #: 15-1118    Version: 1 Name: 1826-1848 McCarter Hwy HDSRF Grant Acceptance
Type: Resolution Status: Filed
File created: 5/29/2015 In control: Economic and Housing Development
On agenda: 7/1/2015 Final action: 7/1/2015
Title: Dept/ Agency: Economic & Housing Development Action: (X ) Ratifying (X) Authorizing ( ) Amending Type of Service: Application/Acceptance of Grant Funds Purpose: Conduct Preliminary Assessment (P/A), Site Investigation (S/I) and Remedial Investigation (R/I) work. Entity Name: City of Newark/Department of Economic & Housing Development Entity Address: 920 Broad Street, Newark, NJ 07102 Grant Amount: $43,191.00 Funding Source: New Jersey Economic Development Authority (NJEDA) Total Project Cost: $43,191.00 City Contribution: No municipal funds required Other Funding Source/Amount: N/A Contract Period: Date of June 27, 2013 application submission to the date of adoption 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...
Sponsors: Council of the Whole
Title
Dept/ Agency: Economic & Housing Development
Action: (X ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application/Acceptance of Grant Funds
Purpose: Conduct Preliminary Assessment (P/A), Site Investigation (S/I) and Remedial Investigation (R/I) work.
Entity Name: City of Newark/Department of Economic & Housing Development
Entity Address: 920 Broad Street, Newark, NJ 07102
Grant Amount: $43,191.00
Funding Source: New Jersey Economic Development Authority (NJEDA)
Total Project Cost: $43,191.00
City Contribution: No municipal funds required
Other Funding Source/Amount: N/A
Contract Period: Date of June 27, 2013 application submission to the date of adoption
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)
1826-1848 McCarter Highway/Block 725, Lot 16/North Ward
Additional Information:

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WHEREAS, a revolving fund was established under 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 suspected of being a discharge of hazardous substances or hazardous wastes; and

WHEREAS, the City of Newark has determined that there has been, or it suspects that there has been, a discharge of hazardous substances or hazardous waste on the property located at 1826-1848 McCarter Highway, Block 725, Lot 16 (the "Property") and funding is needed to conduc...

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