City of Newark - File #: 09-0984

• File #: 09-0984
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 6/29/2009
• In control: Law
• On agenda: 7/1/2009
• Final action: 7/1/2009
• Title: Dept/ Agency: Department of Law AUTHORIZING Type of Service: Settlement Release Agreement Purpose: Voluntary transfer of certain of its properties and liquid assets to the City of Newark Entity Name: NEDC Financial Management Corporation, NEDC Riverfront Corporation, NEDC Riverfront Urban Renewal, L.P., Riverfront Plaza Garage Management Corporation, NEDC Waverly Corporation, South Ward Urban Renewal, LLC, their respective successors and assigns Address: Riverfront Plaza Garage Management Corporation 1 Riverfront Plaza, Suite 300, Newark, NJ 07102 Contract Basis: Bid__ Prof. Ser. __ EUS__ Fair & Open__ Non-Fair & Open__ RFP__ RFQ __ Settlement X Additional Comments: N/A Invitation: Corporation Counsel, June 30, 2009

Date	Ver.	Action By	Action	Result
7/1/2009	1	Municipal Council	Adopt	Pass

Title

Dept/ Agency:  Department of Law

AUTHORIZING

Type of Service:  Settlement Release Agreement

Purpose: Voluntary transfer of certain of its properties and liquid assets to the City of Newark

Entity Name:  NEDC Financial Management Corporation, NEDC Riverfront Corporation, NEDC Riverfront Urban Renewal, L.P., Riverfront Plaza Garage Management Corporation, NEDC Waverly Corporation, South Ward Urban Renewal, LLC, their respective successors and assigns

Address:  Riverfront Plaza Garage Management Corporation

1 Riverfront Plaza, Suite 300, Newark, NJ 07102

Contract Basis: Bid__  Prof.  Ser. __  EUS__   

Fair & Open__   Non-Fair & Open__   RFP__   RFQ __    Settlement X  

Additional Comments: N/A

Invitation: Corporation Counsel, June 30, 2009