Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Demand for Payment
Docket No.: Pre-Suit
Claimant: MZM Construction & Management Company
Claimant's Attorney: None
Attorney's Address: 105 Lock Street, Suite 405, Newark, NJ 07103
Settlement Amount: $198, 203.50
Funding Source: City of Newark Budget/Neighborhood and Recreational Services
Additional Comments:
Demolition of Newark Properties
Invitation: Corporation Counsel, March 6, 2012
body
WHEREAS, the Department of Neighborhood & Recreation Services, Division of Demolition was in need of emergency demolition and cleanup services and MZM Construction & Management Company, proceeded with work at various locations (56 Green Street; 367-369 and 365 So. 20th
Street; and 3-5 Ferdinand Street), without a contract as required by the procurement requirements of the Local Public Contracts Law, pursuant to N.J.S.A. 40A:11-1 et seq.; and
WHEREAS, MZM Construction & Management Company claims that it performed the work; and
WHEREAS, the Director of the Department of Neighborhood & Recreational Services has confirmed that the City received the benefit of the services; and
WHEREAS, MZM Construction & Management Company has submitted invoices totaling $198,203.50 (One Hundred Ninety Eight Thousand Two Hundred Three Dollars and Fifty Cents), for emergency demolition and cleanup services for the period July, 2010 thru November 2010; and
WHEREAS, the Director of the Department of Finance has certified that there are adequate, appropriated monies available to pay the outstanding invoices; and
WHEREAS, MZM Construction & Management Company has agreed to settle the demand for the payment of $198,203.50 (One Hundred Ninety Eight Thousand Two Hundred Three Dollars and Fifty Cents), in one lump sum in exchange for the execution of a Settlement Agreement and General Release as a full and complete settlement...
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