Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: Authorizing Fourth Amendment to Right of Entry Agreement with PSE&G for the Purpose of Conducting Remedial Activities.
Entity Name: Public Service Electric & Gas
Entity Address: 80 Park Place, Newark, New Jersey 07102
Sale Amount: $n/a
Cost Basis: ( ) PSF ( ) Negotiated ( ) N/A ( ) Other:
Assessed Amount:
Appraised Amount:
Contract Period: Five (5) years from date of execution, with the option to extend for 3 additional 5 year terms
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)
20-48 Jersey Street a/k/a Block 171, Lots 41 and 42
3-9 Jersey Street a/k/a Block 172, Lot 31
11-21 Jersey Street a/k/a Block 172, Lots 33 and 35
and portions of Market Street, Raymond Boulevard, Ferry Street, Union Street, Prospect Street, Congress Street, and Jefferson Street and Jersey Street
Additional Information:
Resolution 7Rt adopted September 3, 2003, authorized the City of Newark to enter into a Right of Entry Agreement
Resolution 7Rx adopted August 3, 2005 authorized a First Amended Right of Entry Agreement
Resolution 7Rde(AS) adopted August 1, 2007, authorized a Second Amended Right of Entry Agreement
Resolution 7R3-b adopted July 7, 2010, authorized a Third Amended Right of Entry Agreement
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WHEREAS, the City of Newark is the owner of property known as 20-48 Jersey Street a/k/a Block 171, Lots 41 and 42 which is commonly referred to as the Newark Fire Training Academy, as well as adjoining properties known as 3-9 Jersey Street a/k/a Block 172, Lot 31 and 11-21 Jersey Street a/k/a Block 172, Lots 33 and 35 and has an interest in Ma...
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