Resolution21-1470
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing (X) Amending
Type of Service: Pass Through Agreement
Purpose: To enter into a Third Amendment between the City and the Trust for Public Land to remediate and redevelop the area known as Newark Riverfront Park.
Entity Name: The Trust for Public Land
Entity Address: 60 Park Place, Suite 901, Newark, New Jersey 07102
Grant Amount: $3,515,000.00
Funding Source: State of New Jersey, Department of Environmental Protection
Total Project Cost: $3,515,000.00
City Contribution: No Municipal funds required
Other Funding Source/Amount: $0.00
Contract Period: June 26, 2016 through December 31, 2022
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X ) n/a
List of Property: (if applicable)
(Address/Block/Lot/Ward)
Additional Information:
The total balance remaining for drawdowns is $1,972,100.08 from:
NJDEP Green Acres Grant: A19D0 - $1,410,320.88
NJDEP Green Acres Grant: D1560 - $261,779.20
NJDEP ONRR Grant: D1570 - $300,000.00
Introduced Oct 1, 2021· Economic and Housing Development