Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Authorizing Fourth Amendment to Right of Entry Agreement with PSE&G for the Purpose of Conducting Remedial Activities. Entity Name: Public Service Electric & Gas Entity Address: 80 Park Place, Newark, New Jersey 07102 Sale Amount: $n/a Cost Basis: ( ) PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: Appraised Amount: Contract Period: Five (5) years from date of execution, with the option to extend for 3 additional 5 year terms Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( x ) n/a List of Property: (Address/Block/Lot/Ward) 20-48 Jersey Street a/k/a Block 171, Lots 41 and 42 3-9 Jersey Street a/k/a Block 172, Lot 31 11-21 Jersey Street a/k/a Block 172, Lots 33 and 35 and portions of Market Street, Raymond Boulevard, Ferry Street, Union Street, Prospect Street, Congress Street, and Jefferson Street and Jersey Street Additional Information: Resolution 7Rt adopted September 3, 2003, authorized the City of Newark to enter into a Right of Entry Agreement Resolution 7Rx adopted August 3, 2005 authorized a First Amended Right of Entry Agreement Resolution 7Rde(AS) adopted August 1, 2007, authorized a Second Amended Right of Entry Agreement Resolution 7R3-b adopted July 7, 2010, authorized a Third Amended Right of Entry Agreement