Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Private Sale/Redevelopment Purpose: Amend Resolution 7R3-d 090110 and Agreement authorized therein to revise the description of the project and amend the contract period Entity Name: Mid-Atlantic Investment Alliance, LLC Entity Address: 11 Florence Place, West Orange, NJ 07052 Sale Amount: $224,521.89 Cost Basis: ( X ) $10.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $635,000.00 Appraised Amount: N/A Contract Period: Commence three months from date of transfer until 24 months thereafter. 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) 90-96 Clinton Ave./2826/3/East 27 Brunswick St./2826/35/East 29 Brunswick St./2826/36/East 31 Brunswick St./2826/37/East 33 Brunswick St./2826/38/East Additional Information: Deferred 7R3-d 040412 Invitation: Director of Economic & Housing Development, April 17, 2012 Deferred 7R3-c 041812