Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Application/Acceptance of Grant Funds Purpose: Conduct Remedial Action work Entity Name: The Friends of TEAM Academy Charter School and Ashland School Inc. Entity Address: 60 Park Place, Suite 802, Newark, New Jersey 07102 Grant Amount: $643,201.00 Total Project Cost: $643,200.12 City Contribution: No municipal funds required Other Funding Source/Amount: State of New Jersey, Department of Environmental Protection (“NJDEP”) and the New Jersey Economic Development Authority (“NJEDA”) Grant Period: Start and end dates 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) 410-430 S Orange Avenue/Block 317/Lots 1.01/West Ward 406-408 S Orange Avenue/Block 317/Lots 13/West Ward (Address/Block/Lot/Ward) Prior to subdivision, the property was formerly identified as: 410-422 S 14th Street/Block 317/Lots 56, 58/West Ward 410-416 S Orange Avenue/Block 317/Lots 8,11/West Ward 424-430 S Orange Avenue/Block 317/Lot 14/West Ward 418-422 S Orange Avenue/Block 317/Lot 57/West Ward 406-408 S Orange Avenue/Block 317/Lot 13/West Ward 9 Ashland Street/Block 317/Lot 15/West Ward 7 Ashland Street/Block 317/Lot 14/West Ward 11-37 Ashland Street/Block 317/Lot 21 (portion) /West Ward Additional Information: