Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application/Acceptance of Grant Funds
Purpose: Fund the administration of the Newark Urban Enterprise Zone Program for fiscal year 2011 (FY11)
Entity Name: City of Newark
Entity Address: 920 Broad Street, Newark, NJ 07102
Grant Amount: $820,097.00
Funding Source: N.J. Urban Enterprise Zone Authority, Enterprise Zone Assistance Fund
Total Project Cost: $820,097.00
City Contribution: No Municipal funds required
Other Funding Source/Amount: N/A
Contract Period: July 1, 2010 through June 30, 2011
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
Additional Information: N/A