Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Second Amendment to Resolution #:7R3-m (as) 070109, Redevelopment Agreement Purpose: Modify the workforce requirements to be satisfied by the redeveloper during the construction of the project; require that the redeveloper satisfy certain minimum job requirements at the project area upon completion of the project or be responsible for penalties for non-compliance, modify the terms and conditions for the conveyance of City-owned properties within the project area to the redeveloper, and indicate the City's support for the redeveloper's pursuit of certain granting funding for the project. Entity Name: Morris Lister Avenue Associates Urban Renewal, LLC. Entity Address: 350 Veterans Boulevard, Rutherford, NJ 07070 Grant Amount: N/A Funding Source: N/A Contract Period: N/A Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: N/A Deferred 7R3-b 070711 Invitation: Economic & Housing Development Director, August 2, 2011