File #: 20-1141    Version: 1 Name: Resolution: First Amendment to the Redevelopment Agreement - NJIT
Type: Resolution Status: Adopted
File created: 9/17/2020 In control: Economic and Housing Development
On agenda: 10/14/2020 Final action: 10/14/2020
Title: Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying () Authorizing (X) Amending Type of Service: Redevelopment Agreement Purpose: First Amendment to Redevelopment Agreement to reset project timelines. Entity Name: New Jersey Institute of Technology Entity Address: University Heights, Newark, New Jersey 07102-1982 Contract Amount: $0.00 Development Agreement Term: Phase I: No later than fifty-four (54) months from the effective date Phase II: No later than fifty-four (54) months from completion of Phase I City Contribution to Development Project: ( ) Grant or Loan ( ) Guarantee (X) None ( ) Other:( ) Developer Investment: :( ) Developer Third-Party Financing Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a ...
Sponsors: LaMonica R. McIver, Eddie Osborne
Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying () Authorizing (X) Amending
Type of Service: Redevelopment Agreement
Purpose: First Amendment to Redevelopment Agreement to reset project timelines.
Entity Name: New Jersey Institute of Technology
Entity Address: University Heights, Newark, New Jersey 07102-1982
Contract Amount: $0.00
Development Agreement Term:
Phase I: No later than fifty-four (54) months from the effective date
Phase II: No later than fifty-four (54) months from completion of Phase I
City Contribution to Development Project: ( ) Grant or Loan ( ) Guarantee
(X) None ( ) Other:( )
Developer Investment: :( )
Developer Third-Party Financing
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)
Block 43, Lots 1, 4, 10, 18, 19, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 33, 34, 35, 36, 37, 38, 39, 40, 41, 46, 48, 50, 51, 52, 60, 61; Block 2857, Lots 1, 2, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30; Block 2858, Lots 1, 2, 10, 12, 14, 15, 16, 18, 20, 23, 43, 45, 50; Block 372, Lots 1, 5, 6, 9, 10, 11, 12, 14, 15, 16, 17, 18, 19, 22, 24; Block 384, Lot 1; Block 2828, Lots 1, 2, 3, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 34, 35, 37, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61; Block 2830, Lot 1; Block 2831, Lots 3, 5, 6, 13, 18; Block 389, Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 32, 33, 34, 35, 36, 46, 47, 48, 49, 51, 53; Block 40, Lots 1, 2, 3.01, 3.02, 4.01, 4.02, 5, 6, 7.01, 7.02, 8.01, 8.02, 9, 10.01, 10.02,11, 12, 16, 17, 18, 19, 20, ...

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