Dept/ Agency: Economic & Housing Development Action: ( X ) Ratifying (X) Authorizing ( ) Amending Type of Service: Contract with Sub-recipient Purpose: Physical Rehabilitation to its facility located at 432 Lafayette Street Newark, NJ 07105 Entity Name: Ironbound Community Corporation Entity Address: 179 Van Buren Street, Newark, NJ 07105 Grant Amount: $94,750.00 Funding Source: United States Department of Housing & Urban Development (HUD) Community Development Block Grant (CDBG) Program Contract Period: January 1, 2014 through December 31, 2015 Contract Basis: ( X ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( X ) Fair & Open ( ) No Reportable Contributions ( X ) RFP ( ) RFQ ( ) Private Sale ( X ) Grant ( X ) Sub-recipient ( ) n/a List of Property: (If applicable) (Address/Block/Lot/Ward) 432 Lafayette Street/Block 1980/ Lot(s) 58, 65/ East Ward Additional Information: Funds applied for and accepted by Resolution 7R1-j 091813 Funds appropriated by Resolution 7R1-B 111813 2012 latest financial/audit attached to file; 2013 audit scheduled to be completed in March 2014 ( needs to be submitted)