File #: 09-0988    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 6/30/2009 In control: Economic and Housing Development
On agenda: 7/1/2009 Final action: 7/1/2009
Title: Dept/ Agency: Department of Economic & Housing Development RATIFYING / AUTHORIZING Type of Service: Contract w/Sub-Recipient Purpose: Subsidize the Lower Broadway Neighborhood Stabilization Project, the project consists of the acquisition, rehabilitation, demolition or redevelopment of up to 22 units all for sale to Low Moderate Middle Income homebuyers Entity Name: Don Pedro Development Corporation Address: 75 Park Ave, Newark, NJ Contract Amount: $880,000.00 Contract Period: Commences on July 1, 2009 and terminates June 30, 2011 Contract Basis: Bid__ Prof. Ser. __ EUS__ Fair & Open X Non-Fair & Open__ RFP X RFQ __ Additional Comments: Stabilization Properties Address/Block/Lot/ Ward 90 Summer Avenue/485/58/North 114 Summer Avenue/485/9/North 25 Crane Street/483/53/North 66 CutlerStreet/489/32/North 74 Cutler Street/489/28/North 87 Cutler Street/488/66/North 90 Cutler Street/489/20/North 93-95 Cutler Stree/488/76/North

Title

Dept/ Agency:  Department of Economic & Housing Development

RATIFYING / AUTHORIZING

Type of Service:  Contract w/Sub-Recipient

Purpose:  Subsidize the Lower Broadway Neighborhood Stabilization Project, the project consists of the acquisition, rehabilitation, demolition or redevelopment of up to 22 units all for sale to Low Moderate Middle Income homebuyers

Entity Name:  Don Pedro Development Corporation

Address:  75 Park Ave, Newark, NJ

Contract Amount:  $880,000.00

Contract Period:  Commences on July 1, 2009 and terminates June 30, 2011

Contract Basis: Bid__  Prof.  Ser. __  EUS__   

Fair & Open X   Non-Fair & Open__   RFP X   RFQ __      

Additional Comments:  Stabilization Properties

Address/Block/Lot/ Ward

90 Summer Avenue/485/58/North

114 Summer Avenue/485/9/North

25 Crane Street/483/53/North

66 CutlerStreet/489/32/North

74 Cutler Street/489/28/North

87 Cutler Street/488/66/North

90 Cutler Street/489/20/North

93-95 Cutler Stree/488/76/North