Dept/ Agency: Economic & Housing Development Action: ( X ) Ratifying (X) Authorizing (X) Amending Type of Service: Change Order/Amend Resolution # 7R3-g070312 Purpose: Amendment of Demolition and Asbestos Contract with Tricon Enterprises to Extend Contract Period in order to complete demolition project - no additional funds are being utilized Entity Name: Tricon Enterprises, Inc. Entity Address: 322 Beers Street, Keyport, New Jersey Contract Amount: Original Contract Amount $505,150.00 Funding Source: City of Newark Budget, Department of Economic and Housing Development Contract Period: August 15, 2012 through October 14, 2013 Contract Basis: ( X ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Resolution 7R3-g 070312, approved demolition contract with Tricon Enterprises, Inc.