Newark Dashboard

Newark Municipal Council

Legislation

All resolutions, ordinances, and other items from the Newark Municipal Council.

64679 results

Resolution22-0878

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: To develop City-owned properties into a four (4) story community resource hub and parking lot for the adjacent redeveloper-owned building. Entity Name: The Chad School Foundation, Inc. Entity Address: 24 Commerce Street, Suite 1430, Newark, New Jersey 07102 Sale Amount: $143,040.00 Cost Basis: (X) $10.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $126,500.00 Appraised Amount: $0.00 Contract Period: To commence within three (3) months and be completed within twenty-four (24) months following the transfer of property ownership from the City to the Redeveloper. 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) 321-325 South 9th Street/Block 1782/Lot 32/West Ward 306 South 9th Street/Block 1781/Lot 53/West Ward 304 South 9th Street/Block 1781/Lot 54/West Ward 302 South 9th Street/Block 1781/Lot 55/West Ward 302 ½ South 9th Street/Block 1781/Lot 70/West Ward Additional Information: Sale Price: Total Square Footage X PSF = 14,304 X $10.00 = $143,040.00. Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of City-owned properties. Deferred 7R2-b 111422 Deferred 7R2-b (s) 112222

Introduced Jun 16, 2022· Economic and Housing Development
Returned to Administration
Resolution22-0855

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Need for Housing Project Purpose: To determine whether the proposed Project will meet(s) an existing housing need within the City of Newark, pursuant to the provisions of the New Jersey Housing and Mortgage Finance Agency Law of 1983, as amended (N.J.S.A. 55:14K-1 et seq.), the rules promulgated thereunder at N.J.A.C. 5:80-1 et seq., and all applicable guidelines. Entity Name: Essex Plaza Preservation Two, LLC Entity Address: 250 West 55th Street, 35th Floor, New York, New York 10019 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $49,227,048.00 City Contribution: $0.00 Other Funding Source/Amount: Low Income Housing Tax Credits - $19,635,000.00; HMFA First Mortgage, Note - $30,078,000.; Deferred Developer Fee - $1,015,069.00 List of Properties: (Address/Block/Lot/Ward) 31-33 East Kinney Street/Block 884/Lot 1/Central Ward 35-41 East Kinney Street/Block 884/Lot 3/Central Ward 9 Scott Street/Block 884/Lot 31/Central Ward 76 Orchard Street/Block 885/Lot 41/Central Ward 74 Orchard Street/Block 885/Lot 42/Central Ward 72 Orchard Street/Block 885/Lot 43/Central Ward 11 Pennington Street/Block 893/Lot 2/East Ward 13 Pennington Street/Block 893/Lot 3/East Ward 15-17 Pennington Street/Block 893/Lot 4/East Ward 19-31 Pennington Street/Block 893/Lot 6/East Ward 1082 Broad Street/Block 893/Lot 34/East Ward 1080 ½ Broad Street/Block 893/Lot 36/East Ward 1080 Broad Street/Block 893/Lot 37/East Ward 1078 ½ Broad Street/Block 893/Lot 38/East Ward 146-152 Orchard Street/Block 894/Lot 1/East Ward 158 Orchard Street/Block 895/Lot 44/East Ward 156 Orchard Street/Block 895/Lot 46/East Ward 154 Orchard Street/Block 895/Lot 48/East Ward 81Lincoln Park/Block 2826/Lot 24/East Ward 83 Lincoln Park/Block 2826/Lot 25/East Ward Additional Information:

Introduced Jun 10, 2022· Economic and Housing Development
Adopted
PreviousPage 220 of 2588Next