Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Grant Agreement Purpose: To execute Grant Agreement to Accept Grant Funds to support the development of vacant Green Acres land into the Frederick Douglas Park. Entity Name: New Jersey Department of Environmental Protection - Green Acres Program Entity Address: 501 East State Street, Trenton, New Jersey 08625 Grant Amount: $750,000.00 Total Project Cost: $1,000,000.00 City Contribution: $250,000.00 Other Funding Source/Amount: $0.00 Grant Period: Upon adoption and shall terminate two (2) years from the date of execution of the Grant Agreement 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) Frederick Douglas Park/Block 2563/Lots 1 and 76/Central Ward Additional Information: The Municipal Council authorized the filing of the grant application as Resolution 7R2-a adopted on February 22, 2019.