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21-1550
| 1 | 7R2-a (s) | Referral Resolution - Vacation of Commerce Street | Resolution | Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Referral of Proposed Ordinance to the Central Planning Board for Formal Review
Purpose: Requesting that the Central Planning Board consider a proposed Ordinance for the vacation of the entirety of Commerce Street between Raymond Plaza East and Market Street, pursuant to N.J.S.A. 40:67-1 et seq., and in accordance with Ordinance 6PSF-e adopted on April 21, 2021. (East Ward)
Additional Information:
Copy of proposed ordinance attached as Exhibit A.
Ordinance 6PSF-i adopted by the Municipal Council on August 7, 2013.
Ordinance 6PSF-a(S) adopted by the Municipal Council on October 11, 2017.
Ordinance 6PSF-e adopted by the Municipal Council on April 21, 2021.
Contract #A-1623, Plan #1889V, revised on September 28, 2021 illustrating the area of the proposed Commerce Street vacation. | Pass |
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21-1554
| 1 | 7R2-b (s) | Referral resolution - Vacation of a portion of Commercial Street | Resolution | Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Referral of Proposed Ordinance to the Central Planning Board for Formal Review
Purpose: Requesting that the Central Planning Board consider an Ordinance providing for the vacation of a portion of the Commercial Street right of way, as described within the proposed ordinance, should be vacated and released from dedication of land for a public street and public rights, pursuant to N.J.S.A. 40:67-1 et seq., and in accordance with Ordinance 6PSF-e adopted on April 21, 2021. (East Ward)
Additional Information:
Copy of proposed ordinance attached as Exhibit A.
Ordinance 6PSF-i adopted by the Municipal Council on August 7, 2013.
Ordinance 6PSF-a(S) adopted by the Municipal Council on October 11, 2017.
Ordinance 6PSF-e adopted by the Municipal Council on April 21, 2021.
Contract #A-1623, Plan #1889V, revised on September 28, 2021 illustrating the area of the proposed Commercial Street vacation. | Pass |
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21-1339
| 1 | 7R4-a (s) | Resolution Determining Form and other Details - Joint Meeting | Resolution | Dept/ Agency: Finance
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Approving loan and escrow agreements for the Joint Meeting Flood Mitigation Program.
Amount to be Financed: $660,000.00
Source of Appropriation: New Jersey Infrastructure Bank (NJIB) Bonds
Project Information:
(Description/ Project No./ Amount Appropriated/Ordinance No.)
RESOLUTION OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, NEW JERSEY, DETERMINING THE FORM AND OTHER DETAILS OF ITS’ “NOTE RELATING TO THE WATER BANK CONSTRUCTION FINANCING PROGRAM OF THE NEW JERSEY INFRASTRUCTURE BANK”, TO BE ISSUED IN THE PRINCIPAL AMOUNT OF UP TO $660,000.00, AND PROVIDING FOR THE ISSUANCE AND SALE OF SUCH NOTE TO THE NEW JERSEY INFRASTRUCTURE BANK, AND AUTHORIZING THE EXECUTION AND DELIVERY OF SUCH NOTE BY THE CITY OF NEWARK IN FAVOR OF THE NEW JERSEY INFRASTRUCTURE BANK, ALL PURSUANT TO THE NEW JERSEY INFRASTRUCTURE BANK WATER BANK CONSTRUCTION FINANCING PROGRAM.
Additional Information:
City of Newark’s share of the Joint Meeting Flood Mitigation Pro | Pass |
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21-1501
| 1 | 7R4-b (s) | 2021 Short Term Amnesty Reduction Program | Resolution | Dept/ Agency: Finance
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Reducing Interest Rates charged on delinquent property taxes, water and sewer charges, and City-owned Municipal Tax Liens
Purpose: To implement a temporary Interest Reduction Program on delinquent taxes, water and sewer charges, and City-owned Municipal Tax Liens.
Program Period: November 1, 2021 through December 31, 2021, only
Additional Information:
Current Rate Proposed Rate
8% on first $1,500.00 delinquency 0% on first $1,500.00 delinquency
18% on remaining balance 0% on remaining balance | Pass |
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21-1324
| 1 | 7R2-c (s/as) | GK Outparcel HOME Affordable Housing Agreement | Resolution | Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Execute Affordable Housing Agreement for HOME Funds
Purpose: To authorize the execution of an Affordable Housing Agreement to West Market Owners, LLC for the construction of a mixed residential-commercial project that will consists of seventy-eight (78) rental units with a total of six (6) HOME subsidized units upon property located at 4-22 Littleton Avenue.
Entity Name: West Market Owners, LLC
Entity Address: 1865 Palmer Avenue, Suite 203, Larchmont, New York, New York, 10538
Grant Amount: $300,000.00
Funding Source: Federal HOME Program Funds
Total Project Cost: $42,423,516.00
Contract Period: Funds must be expended within forty-eight (48) months from the date of adoption
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address | Pass |
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21-1386
| 1 | 7R2-d (s/as) | Youth Center HDSRF Application | Resolution | Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application for Grant Funds
Purpose: To conduct Preliminary Assessment (PA), Site Investigation (SI), and Remedial Investigation (RI) work for the remediation of sites contaminated, or suspected of being contaminated, with hazardous waste.
Entity Name: New Jersey Economic Development Authority (NJEDA)
Entity Address: 36 West State Street, Trenton, New Jersey 08625
Grant Amount: To be determined by NJEDA
Total Project Cost: $194,925.50
City Contribution: $500.00 processing fee
Other Funding Source/Amount: $0.00
Grant Period: The date the grant is disbursed from NJEDA and will expire five (5) years after disbursement
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
List of Property: (if applicable)
(Address/Block/Lot/Ward)
200 16th Avenue/Bloc | Pass |
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21-1387
| 1 | 7R2-e (s/as) | Heritage Center HDSRF Application | Resolution | Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application for Grant Funds
Purpose: To conduct Preliminary Assessment (PA), Site Investigation (SI), and Remedial Investigation (RI) work for the remediation of sites contaminated, or suspected of being contaminated, with hazardous waste.
Entity Name: New Jersey Economic Development Authority (NJEDA)
Entity Address: 36 West State Street, Trenton, New Jersey 08625
Grant Amount: To be determined by NJEDA
Total Project Cost: $228,574.50
City Contribution: $500.00 processing fee
Other Funding Source/Amount: $0.00
Grant Period: The date the grant is disbursed from NJEDA and will expire five (5) years after disbursement
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
List of Property: (if applicable)
(Address/Block/Lot/Ward)
192-198 16th Avenue/Block 309.0 | Pass |
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21-1486
| 1 | 7R2-f (s/as) | LPCCD Grant Application and Acceptance of Funds | Resolution | Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Acceptance of Grant Funds
Purpose: New Jersey Department of Community Affairs (NJDCA) Neighborhood Preservation Program (NPP) funding will be used to help address safety needs of the Lincoln Park community, help reduce crime and provide community residents with recreational activities.
Entity Name: New Jersey Department of Community Affairs-Neighborhood Preservation Program
Entity Address: 101 South Broad Street, Trenton, New Jersey 08625
Grant Amount: $125,000.00
Total Project Cost: $887,569.00
City Contribution: $25,000.00 In-Kind Services
Other Funding Source/Amount: Prudential Foundation, Verizon, Horizon, New Jersey Department of Community Affairs-NRTC Program, Titos, United/$762,569.00
Grant Period: October 12, 2021 through January 27, 2023
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X ) | Pass |
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21-1583
| 1 | 7R2-g (s/as) | GK Preservation Tax Abatement and Home Fund Amendment | Resolution | Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing (X) Amending
Type of Service: Loan
Purpose: Resolution authorizing: (i) a First Amendment to the Deed Restrictive Affordable Housing Agreement and Redevelopment Agreement; (ii) First Amendment to Mortgage and Security Agreement; (iii) First Amendment to Note; and (iv) Partial Release with GK Preservation LLC, the Redeveloper and collectively, the Project Amendment Documents, of 1865 Palmer Avenue, Suite 203, Larchmont, New York, New York 10538, to release Block 1808, Lot 1.02, from the Mortgage.
Entity Name: GK Preservation, LLC
Entity Address: 1865 Palmer Avenue, Suite 203, Larchmont, New York 10538
Funding Source: Federal HOME Program Funds
Contract Period: Funds must be expended within forty-eight (48) months from the date of adoption
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
List o | Pass |
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21-0869
| 1 | 8-a (s) | Amending Ordinance - Somerset Homes Urban Renewal, LLC | Ordinance | AN ORDINANCE RATIFYING AND AUTHORIZING THE CITY OF NEWARK TO ENTER INTO AN AMENDED RESTATED FINANCIAL AGREEMENT CORRECTING A FINANCIAL AGREEMENT FOR A PREVIOUSLY APPROVED FIFTEEN (15) YEAR TAX ABATEMENT TO SOMERSET URBAN RENEWAL LLC, 1865 PALMER AVENUE, SUITE 203, LARCHMONT, NEW YORK 10538, FOR A PROJECT TO ACQUIRE THIRTY-EIGHT (38) AFFORDABLE RENTAL HOUSING UNITS LOCATED ON REAL PROPERTY COMMONLY KNOWN AS 172 SOMERSET STREET AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 2589, LOT 1, TO REFLECT THE PROPER NAME OF THE PROJECT OWNER AS SOMERSET HOMES URBAN RENEWAL, LLC. (CENTRAL WARD) | Pass |
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21-1178
| 1 | 8-b (s/as) | | Ordinance | AN ORDINANCE AMENDING ORDINANCE 6PSF-d, ADOPTED ON MAY 10, 2018, AND THE ORIGINAL THIRTY (30) YEAR TAX ABATEMENT GRANTED TO GK PRESERVATION, LLC, 1865 PALMER AVENUE, SUITE 203, LARCHMONT, NEW YORK, NEW YORK 10538, PURSUANT TO THE NEW JERSEY HOUSING MORTGAGE FINANCING LAW, TO UPDATE THE DESCRIPTION OF THE PROPERTY SUBJECT TO THE TAX ABATEMENT, AS BLOCK 1808, LOT 1.01.
Deferred 6PSF-c 110421 | Pass |
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