Title
Dept/ Agency: Administration/Office of Business Administrator
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Enter into and Execute a Memorandum of Agreement
Purpose: Demolish 502 units of distressed public housing at Baxter Terrace
Entity Name: Newark Housing Authority
Entity Address: 500 Broad Street, Newark, NJ 07102
Grant Amount: $2,500,000.00
Funding Source: New Jersey Department of Community Affairs (NJDCA), Neighborhood Stabilization Program
Total Project Cost: $2,500,000.00
City Contribution: No municipal funds required
Other Funding Source/Amount: N/A
Contract Period: May 8, 2009 through September 9, 2010
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) Non-Fair & Open ( ) RFP ( ) RFQ ( ) Private Sale
(X) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
NJDCA application # 2009-02293-1371
NJDCA grant # 2009-02293-1758-00
Deferred 7R1-z(as) 121609