Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: To develop two (2) newly construct two-family homes. Entity Name: Square, LLC Entity Address: 200 Pine Street, P.O. Box 7125, Roselle, New Jersey 07203-1106 Sale Amount: $80,728.00 Cost Basis: (X) $10.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $171,700.00 Appraised Amount: $0.00 Contract Period: To commence with three (3) months and be completed within twelve (12) months following transfer of property ownership from the City to the Redeveloper Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ (X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) 146 Dewey Street/Block 3053.023061/ Lot 19/South Ward 153 Dewey Street/Block 3061/Lot 37/South Ward Additional Information: Total Price: Square Footage X PSF = 8,072.80 X $10.00 = $80,728.00. Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of city-owned properties. Deferred 7R2-g 030123 Deferred 7R2-b 031523 Deferred 7R2-a 040523