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/I), 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: $406,834.00
Funding Source: New Jersey Economic Development Authority (NJEDA)
Total Project Cost: $406,834.00
City Contribution: No municipal funds required
Other Funding Source/Amount: N/A
Contract Period: Date of June 17, 2011 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)
704-738 Doremus Avenue/Block 5074, Lot 1/East 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 704-738 Doremus Avenue, Block 5074, Lot 1 (the "Property") and funding is needed to conduct Prelim...
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