Title
Dept/ Agency: Engineering
Action: (X) Ratifying (X) Authorizing (X) Amending
Type of Service: Grant Agreement
Purpose: Broad Street (2 - Intersections FY-14)
Entity Name: City of Newark
Entity Address: 920 Broad Street, Newark, New Jersey 07102
Grant Amount: $2,662,843.00
Funding Source: NJDOT
Total Project Cost: $2,662,843.00
City Contribution: N/A
Other Funding Source/Amount: N/A
Contract Period: May 8, 2015 through May 8, 2018
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)
Additional Information:
Amending Resolution 7R4-D adopted on September 2, 2015, authorized execution of Cost Reimbursement Agreement No. 2015-DT-BLA-201 to accept additional funds in amount of $1,463,368.00
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WHEREAS, on September 2, 2015, the Municipal Council adopted Resolution 7R4-D ratifying and authorizing the Mayor and/or his designee, the Director of the Department of Engineering, to execute a Cost Reimbursement Agreement No. 2015-DT-BLA-201 between the City of Newark and the New Jersey Department of Transportation, to accept funds in the amount of $1,463,368.00 for the Broad Street (2 -Intersections FY-14), City of Newark, Essex County, STP-7628(103)CON Project (the "Project"); and
WHEREAS, on January 6, 2016, the New Jersey Department of Transportation (NJDOT) notified the City of Newark that it would receive an additional $1,199,475.00 in grant funding towards the construction of the Project, for a revised total grant in the amount of $2,662,843.00 ($2,505,107.00 for construction and $157,736.00 for inspection services); and
WHEREAS, the City of Newark wishes to amend Resolution 7R4-D, adopted on September 2, 2015, to authorize the Mayor a...
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