Dept./Agency: Economic and Housing Development Action: ( X ) Ratifying ( X ) Authorizing ( X ) Amending Type of Service: Grant Agreement Purpose: To provide for a Grant and Grant Agreement with Rising Plains 474 LLC in the amount of $43,000.00 Entity Name: Rising Plains 474 LLC Entity Address: P.O. Box 91, Hillside, New Jersey 07205 Additional Grant Amount: $43,000.00 Funding Source: Community and Economic Development Dedicated Trust Fund Total Project Cost: $661,653.00 City Contribution: $43,000.00 Other Funding Source/Amount: Community Economic Development Trust Fund Grant Period: Construction has commenced and is near substantial completion. 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/Block/Lot/Ward) 474 South 15th Street/Block 329/Lot 30/West Ward Additional Information: