Dept/ Agency: Economic and Housing Development Department Action: ( ) Ratifying ( x ) Authorizing ( x ) Amending Type of Service: Redevelopment Agreement Purpose: Authorize Execution of an Agreement for the Redevelopment of Land Between the City of Newark and Thomas-Carter Village Urban Renewal, LLC and a Termination of Use Restriction/Restatement of Reverter Agreement between the City of Newark, the New Jersey Department of Transportation, and Thomas-Carter Village Urban Renewal, LLC Entity Name: Thomas-Carter Village Urban Renewal, LLC Entity Address: 60 Bergen Avenue, Teaneck, New Jersey 07666 Contract Amount: N/A Funding Source: 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) 103-109 Sussex Avenue/Block 2853/Lot 1.02/Central Ward 111-119 Sussex Avenue/Block 2853/Lot 69/Central Ward Additional Information: