Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Construct affordable and market rate residential housing Entity Name: LOGA Home Builders, LLC. Entity Address: 281 Bloomfield Avenue, Suite 51, Verona, New Jersey 07044 Sale Amount: $134,686.84 Cost Basis: (X) $4.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $372,000.00 Appraised Amount: $0.00 Contract Period: To commence within three (3) months and be completed within eighteen (18) months from the transfer of ownership by the City 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) 292 ½ S. 9th Street/Block 1781/Lot 60/West Ward 292 S. 9th Street/Block 1781/Lot 61/West Ward 280 S. 9th Street/Block 1781/Lot 66/West Ward 282 S. 9th Street/Block 1781/Lot 65/West Ward 290 S. 9th Street/Block 1781/Lot 69/West Ward 294 S. 9th Street/Block 1781/Lot 59/West Ward 284 S. 9th Street/Block 1781/Lot 64/West Ward 278 S. 9th Street/Block 1781/Lot 67.01/West Ward 276 S. 9th Street/Block 1781/Lot 67.02/West Ward 285 S. 9th Street/Block 1782/Lot 14/West Ward 279 S. 9th Street/Block 1782/Lot 11/West Ward 281 S. 9th Street/Block 1782/Lot 12/West Ward 287-289 S. 9th Street/Block 1782/Lot 15.01/West Ward 291 S. 9th Street/Block 1782/Lot 15.02/West Ward Additional Information: Total Square Footage = 33,671.71 X $4.00 = $134,686.84 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-d 040418 Deferred 7R2-a (s) 041018