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File #: 17-0626    Version: 1 Name: Action Title Research 2017 In Rem Foreclosure Project
Type: Resolution Status: Adopted
File created: 4/6/2017 In control: Law
On agenda: 8/2/2017 Final action: 8/2/2017
Title: Dept/ Agency: Law Department Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Services Contract - Title Searches and Review Purpose: Title Searches, Review and Report of Properties in the 2017 In Rem Tax Foreclosures Entity Name: Action Title Research, LLC. Entity Address: 611 Route 46W, Suite 103, Hasbrouck Heights, New Jersey 07604 Contract Amount: Not to exceed $160,000.00 Funding Source: 2017 Budget/ Law Department Contract Period: April 25, 2017 through April 24, 2018 Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS ( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information:
Sponsors: Council of the Whole
Attachments: 1. 17-0626 certified resolution.pdf
Title
Dept/ Agency: Law Department
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract - Title Searches and Review
Purpose: Title Searches, Review and Report of Properties in the 2017 In Rem Tax Foreclosures
Entity Name: Action Title Research, LLC.
Entity Address: 611 Route 46W, Suite 103, Hasbrouck Heights, New Jersey 07604
Contract Amount: Not to exceed $160,000.00
Funding Source: 2017 Budget/ Law Department
Contract Period: April 25, 2017 through April 24, 2018
Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS
( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:

Body

WHEREAS, the City of Newark, Department of Law ("City") has determined that there is a need for professional services contracts for title searches, review and reports of properties on the City of Newark's, 2017 In Rem Tax Foreclosure List. Title review of these properties is necessary in order to conduct the City's In Rem Foreclosure proceedings in the Superior Court of New Jersey as dictated by New Jersey Court Rules 4:64-7, et seq.; and

WHEREAS, the Mayor and the Acting Corporation Counsel desire to enter into a contract with a vendor who has exhibited the necessary qualifications and capacity to meet the needs of the City in connection with the 2017 In Rem Tax Foreclosure proceedings and which is willing to provide the specified services at a mutually agreeable prices; and

WHEREAS, the services to be provided are professional services pursuant to N.J.S.A. 40A:11-5(1)(a)(i) because these services are to be rendered by a person or persons licensed by the State of New Jersey as title officers; and

WHEREAS, the firm, Action Title Research, LLC, 611 Route 46 W., Suite 103, Hasbrouck Heights, New Jersey, 07064, is a title company with specific expertis...

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