Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Redevelop the vacant lot as a playground for its planned summer camp Entity Name: Noah’s Ark Community Development Corporation Entity Address: 43 Yates Avenue, Newark, New Jersey 07112 Sale Amount: $100.00 Cost Basis: ( ) $ PSF (X ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $23,800.00 Appraised Amount: N/A Contract Period: To be commenced within 3 months and be completed within 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) 39-41 Yates Avenue/Block 3598/Lot 34/South Ward Additional Information: