Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Redevelopment of the Property Entity Name: 810 Broad Street Urban Renewal Company, LLC Entity Address: 45 Academy Street, Suite 205, Newark, New Jersey 07102 Sale Amount: $ 220,000.00 Cost Basis: $ PSF ( X ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $ 171,400.00 Appraised Amount: $ 220,000.00 Contract Period: Commencing within thirty (30) days from the issuance of all permits and completed within twenty four (24) months 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) 17-19 Edison Place/Block 164/Lot 92/East Ward Additional Information: