Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: To provide for new construction of seven (7) single-family townhomes. Entity Name: Bergen and Rose, LLC Entity Address: Little Ferry, New Jersey 07643 Sale Amount: $54,418.80 Cost Basis: (X) $6.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: Appraised Amount: Contract Period: To commence within three (3) months and be completed within eighteen (18) months following 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) 517-519 Bergen Street/Block 2658/ Lot 1/Central Ward 521 Bergen Street/Block 2658/Lot 3/Central Ward 523 Bergen Street/Block 2658/Lot 4/Central Ward 202-206 Rose Street/ Block 2658/ Lot 47/Central Ward Additional Information: Sale Price: Total Square Footage X PSF = 9,069.80 X $6.00 = $54,418.80. Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of City-owned properties.

Resolution Adopted Introduced March 19, 2024

What this record is

Read automatically from the title of the official record. The source document below is authoritative.