Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing (X) Amending
Type of Service: Third Amendment to Pass-Through Agreement
Purpose: Implementing an environmental investigation and remedial action work at Newark Riverfront Park.
Entity Name: The Trust for Public Land
Entity Address: 60 Park Place, Newark, New Jersey 07102
Grant Amount: $1,702,604.00
(NJDEP- $1,273,475.00 and /NJEDA- $429,129.00)
Funding Source: State of New Jersey, Department of Environmental Protection ("NJDEP") and the New Jersey Economic Development Authority ("NJEDA")
Total Project Cost: $1,702,604.00
City Contribution: No City funds required
Other Funding Source/Amount: $0.00
Contract Period: July 1, 2017 through December 31, 2020
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:
The total balance remaining in the grant to drawdown is $454,680.37.
(NJDEP A10E0 - $250,157.98 and NJEDA A10F0 - $204,522.39)
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WHEREAS, the Trust for Public Land ("TPL") is a nonprofit dedicated to conserving land for recreation and open space purposes and has partnered with the City of Newark to design, remediate and redevelop the area to be known as Newark Riverfront Park, which consists of a 7.8-acre portion of the Passaic River Waterfront in Newark (the "Site") on a portion of the area formerly known as Joseph G. Minish Passaic Riverfront Park and Historic Area; and
WHEREAS, TPL retained an environmental consulting firm to perform Preliminary Assessment and Site Investigation of the Site and determined that there has been a discharge of hazardous substances on the property due to historic industrial activity an...
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