Title
Dept/ Agency: Economic & Housing Development
Action: ( X ) Ratifying (X) Authorizing ( X ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: First Amendment to Redevelopment Agreement
Entity Name: Lilac Development Group, LLC
Entity Address: 18-20 Bloomfield Ave., Belleville, NJ 07109
Sale Amount: $N/A
Cost Basis: ( ) $ PSF ( ) Negotiated ( X ) N/A ( ) Other:
Assessed Amount: N/A
Appraised Amount: N/A
Contract Period: N/A
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) n/a
List of Property:
(Address/Block/Lot/Ward)
1139-1153 Broad Street/Block 2814/Lot 19/East Ward
Additional Information:
body
WHEREAS, on May 16, 2001, the City of Newark Municipal Council adopted Ordinance 6S&FD which approved the Broad Street/Murray Street Redevelopment Plan which was adopted to facilitate the continued redevelopment of the Project Area described in the Broad Street/Murray Street Redevelopment Plan consisting of properties bounded by Broad Street, Murray Street and Gillette Place, as described more particularly in the Broad Street/Murray Street Redevelopment Plan which are part of Block 2814 on the Tax Maps of the City which were subsequently merged into Block 2814, Lot 19 (also known as 1139-1153 Broad Street, hereinafter the "Properties"); and
WHEREAS, the Broad Street/Murray Street Redevelopment Plan authorizes the development of the Properties for the following uses: facilities for the retail sale of petroleum products and automotive accessories, motor vehicle repair, the sale of convenience store items and products, car wash, kiosk food facilities, drive in restaurants, and/or quick serve restaurant fast food operations as well as commercial/reta...
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