Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Develop the properties into one (1), two (2), or three (3)-family residential units, with or without additional retail use. Entity Name: Integrity Home Buyers, LLC. Entity Address: 11 Golden Square, Sayreville, New Jersey 08872 Sale Amount: $38,932.00 Cost Basis: (X) $4.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $91,300.00 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)573 South 19th Street/Block 339/Lot11/West Ward 543 13th Avenue/Block 1794/Lot 27/West Ward312 South 20th Street/Block 1794/Lot 49/West Ward 493 7th Avenue/Block 1922/Lot 33/West Ward Additional Information: Total Square Footage = 9,733 X $4.00 = $38,932.00 Sale at prices set forth by Ordinance 6S&Fh adopted on April 7, 2004, establishing the minimum sale price of City-owned Properties.