Resolution13-2043
Dept/ Agency: Economic & Housing Development
Action: ( X ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Acceptance of Grant Funds
Purpose: Joseph G. Minish Passaic River Waterfront Park and Historic Area a/k/a Minish Park a/k/a Newark Riverfront Park
Entity Name: City of Newark
Entity Address: 920 Broad Street, Newark, New Jersey 07102
Grant Amount: $1,500,000.00
Funding Source: State of New Jersey, Department of Environmental Protection, Green Acres Program and Office of the Natural Resource Restoration
Total Project Cost: $3,215,000.00
City Contribution: $1,500,000.00 from reprogrammed grant funds in the amount of $2,651,809.00 from United States Department of Housing and Urban Development (HUD) Community Development Block Grant (CDBG) Program (accepted and authorized pursuant to Resolution 7R3-D(S) 042313)
Other Funding Source/Amount: Contract Period:
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:
City of Newark wishes to accept the NJDEP, GA Program matching grant awarded in the amount of $1,500,000.00 and the Office of Natural Resource Restoration grant in the amount of $300,000.00.
Resolution 7R3-D(S) 042313;City of Newark will provide matching share of the project, in the amount of $1,500,000.00 from reprogrammed grant funds in the amount of $2,651,809.00 Community Development Block Grant Program.
Resolution 7R1-f 080509; Acceptance of grant funds from DEP $1,715,000.00.
Introduced Oct 22, 2013· Economic and Housing Development