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Newark Municipal Council

Legislation

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

64679 results

Resolution20-0884

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Federal HUD HOME Loan and Grant Funds Purpose: A resolution authorizing the subordination of the City’s liens granted by Bergen Street Redevelopment Urban Renewal, LLC to its new construction lender, DB 360 LLC, and the execution of: (i) a Consent to Assignment of City Agreements; and (ii) Subordination Agreement with the Senior Lender in connection with the construction of a mixed used project called Tucker View Apartments consisting of two (2) buildings along Bergen Street in the South Ward: Building A - five (5) stories, thirty-two (32) residential units, over commercial space, and fourteen (14) parking spaces, and Building B - consisting of four (4) stories, ten (10) residential units, and a community center on the ground floor on the property commonly known as 1037-1047 Bergen Street and 1057-1059 Bergen Street, Newark, New Jersey 07112 and identified on the Official Tax Map of the City as Block 3661, Lots 3, 5 and 8, and Block 3660, Lot 11. Entity Name: Bergen Street Redevelopment Urban Renewal, LLC Entity Address: 953 Bergen Street, Newark, New Jersey 07112 Grant Amount: $1,300,000.00 and $1,900,000.00 Funding Source: Federal HUD HOME Loan and Grant Funds Contract Period: Agreement shall be for a period of thirty (30) years from the date when a Certificate of Occupancy has been issued by the City and the first low income eligible tenant occupies the Affordable Housing Units Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( X ) Grant ( ) Sub-recipient ( ) n/a List of Property: (if applicable) (Address/Block/Lot/Ward) 1037-1047 Bergen Street/ Block 3661/ Lot 3, 5 and 8/ South Ward 1057-1059 Bergen Street/Block 3660/ Lot 1/South Ward Additional Information: To grant financial assistance for a Project consisting of two (2) mixed-use buildings along Bergen Street: Building A - five (5) stories, thirty-two (32) residential units, over commercial space, and fourteen (14) parking spaces, and Building B - consisting of four (4) stories, ten (10) residential units, and a community center on the ground floor located at 1037-1047 Bergen Street and 1057-1059 Bergen Street, Newark New Jersey 07112 and identified on the Official Tax Map of the City as Block 3661, Lot 3, 5 and 8, and Block 3660, Lot 11.

Introduced Jul 17, 2020· Economic and Housing Development
Adopted
Resolution20-0870

Dept./ Agency: Recreation, Cultural Affairs and Senior Services Action: (X) Ratifying (X) Authorizing (X) Amending Type of Service: Amending Resolution 7R9-a adopted on August 3, 2016, accepting grant Purpose: To amend the Green Acres Project Agreement by increasing grant funding by $1,300,000.00 for the Jesse Allen Park Project. Entity Name: New Jersey Department of Environmental Protection, Green Acres Program Entity Address: Mail Code 501-01, P.O. Box 420, Trenton, New Jersey 08625-0420 Grant Amount: Increased by $1,300,000.00 Total Project Cost: $3,800,000.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 Grant Period: Terminating two (2) years from the date the Amended Green Acres Project Agreement is executed by the New Jersey Department of Environmental Protection Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a Additional Information: Resolution 7R1-b, adopted on January 7, 2009 accepted a matching grant award from the Green Acres Program in the amount of $500,000.00. Resolution 7R9-a, adopted on August 3, 2016 accepted an additional matching grant award from the Green Acres Program in the amount of $850,000.00. This amending resolution will increase the grant funding in the amount of $1,300,000.00 ($550,000.00 from the State’s Green Acres Program and $750,000.00 from the National Park Service’s Land and Water Conservation Fund, managed by the State’s Green Acres Program). Project - #0714-07-042 Jesse Allen Park is located at 41-55 Avon Avenue, Block 2583, Lot 44, Newark, New Jersey 07108. (Central Ward)

Introduced Jul 15, 2020· Recreation, Cultural Affairs and Senior Services
Adopted
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