Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application for Long-Term Tax Abatement
Purpose: Authorize execution of 30 year FMHA tax abatement with St. Clare Homes Property, Inc.
Entity Name: St. Clare Homes Property, Inc.
Entity Address: 77 Academy Street, Newark, NJ 07102
Abatement Period: Term of thirty (30) years)
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)
176-178 Roseville Avenue and 180-182 Roseville Avenue/Block 1919/Lots 16 and 18
Additional Information: N/A
Deferred 7R3-d 112211
Invitation: Economic & Housing Development Director, December 6, 2011