Dept./Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Grant Agreement Purpose: To provide for a Grant Agreement with Jarid Jamar Construction Company, Inc. Entity Name: Jarid Jamar Construction Company, Inc. Entity Address: West Orange, New Jersey 07052 Additional Grant Amount: $110,000.00 Funding Source: Community and Economic Development Dedicated Trust Fund Total Project Cost: $685,000.00 City Contribution: $110,000.00 Other Funding Source/Amount: RNMZ, LLC and Renovo Financial Grant Period: Upon construction commencing and completed within twenty-four (24) months 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) 286-288 South 11th Street/Block 1796/Lot 66/West Ward Additional Information: