Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: Redevelopment of King's No. 1 Family Restaurant including kitchen, restroom
Entity Name: A & T Dream Realty, LLC
Entity Address: 5 Garden Hills Dr., Somerset, NJ 08873
Sale Amount: $5,440.00
Cost Basis: (X) $4.00 PSF ( ) Negotiated ( ) N/A ( ) Other: _________
Assessed Amount: $28,500.00
Appraised Amount: Information not provided
Contract Period: To commence within three (3) months and completed within 18 months from the transfer of ownership
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions (X) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
Address/Block/Lot/Ward
302-308 Lyons Ave/3724/8/South
Additional Information: 2010 Rolling Sale II/City-Owned Vacant Land and Structures