All Legislation
Resolution20-0228Adopted

Dept./ Agency: Economic & Housing Development Action: (X) Ratifying (X) Authorizing (X ) Amending Type of Service: Private Sale/Redevelopment Purpose: An amendment to complete and correct redevelopment site assemblage as a property inadvertently was omitted from the purchase at the November 19, 2015 auction. Entity Name: Rodrigo Urgilez Entity Address: Newark, New Jersey 07104 Sale Amount: $71,000.00 Cost Basis: ( ) $ PSF (X ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $180,500.00 Appraised Amount: $0.00 Contract Period: To commence within three (3) months and be completed within eighteen (18) months from the 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) 76½ Garside Street/Block 490/Lot 69/Central Ward Additional Information: Resolution 7R3-a(AS) adopted on December 16, 2015 accepted the purchaser’s bid for 74-76 Garside Street, Newark, New Jersey 07104, Block 490, Lot 31 in the Central Ward, and also included 76½ Garside Street, Newark, New Jersey 07104, Block 490, Lot 69, which was inadvertently omitted.

Progress

Introduced

Feb 5, 2020

In Committee

Dec 1, 2021

Passed

Dec 1, 2021

4

Enacted