Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Application of Grant Funds Purpose: Remedial Investigation, Remedial Action and report preparation for Newark Riverfront Park as part of the Lister Avenue Brown Development Area project Entity Name: City of Newark/ Department of Economic and Housing Development Entity Address: 920 Broad Street, Newark, New Jersey 07102 Grant Amount: $2,465,206.00 for Remedial Action and $147,825.00 for Remedial Investigation Funding Source: New Jersey Economic Development Authority Total Project Cost: $5,416,514.00 City Contribution: No municipal funds needed Other Funding Source/Amount: 25% matching funds from Newark Community Economic Development Corporation Contract Period: September 1, 2016 through August 31, 2018 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:) (Address/Block/Lot/Ward) Lister Avenue BDA Project “City Parcels”/Block 2025, Lots 1 and 2/Block 2026, Lots 1, 7, 19 and 22/Block 2028, Lot 1, and Jackson Street Bridge Right of Way (East Ward) Additional Information: