Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Termination of Redevelopment Agreement Purpose: Termination and Settlement of Redevelopment Agreement with the Newark Animal Shelter, Inc. and the return of property to the City of Newark. Entity Name: Newark Animal Shelter, Inc. Entity Address: 744 Broad Street, Newark, New Jersey 07102 Sale Amount: N/A Cost Basis: ( ) $ PSF ( ) Negotiated ( X ) N/A ( ) Other: Assessed Amount: N/A Appraised Amount: N/A Contract Period: Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) n/a Additional Information: This resolution authorizes the termination and settlement of the Redevelopment Agreement between the Newark Animal Shelter, Inc. and the City of Newark and the return of property to the City of Newark.