Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Services Contract Purpose: Real Estate Valuation Services Entity Name: Smith Appraisal Company Entity Address: 606 Bryant Street, Rahway, New Jersey 07065 Contract Amount: $40,000.00 Funding Source: City of Newark/Economic & Housing Development Contract Period: From date of Notice to Proceed for a period not to exceed 12 months Contract Basis: ( ) Bid ( ) State Vendor ( X ) Prof. Ser. ( ) EUS ( X ) Fair & Open ( ) No Reportable Contributions ( X ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: