Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Agreement with Government Entity Purpose: Authorizing Execution of a Settlement Agreement with New Jersey Department of Environmental Protection (“NJDEP”) to Satisfy Liens for Environmental Cleanup Costs Incurred by NJDEP at Former White Chemical Site Entity Name: New Jersey Department of Environmental Protection Entity Address: 401 East State Street, Trenton, NJ 08625 Contract Amount: $725,000.00 Funding Source: Portion of Proceeds from Sale of Block 3782, Lot 109 to 3-J’s Development Group. LLC (“Redeveloper”) Contract Period: N/A 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: (Address/Block/Lot/Ward) 646-696 Frelinghuysen Avenue Rear/Block 3782/Lot 109/South Ward Additional Information: This legislation is related to 7R2-c, adopted April 4, 2018, which is the Original Redevelopment Agreement with Redeveloper, Legistar [18-1504], which is the Interim Redevelopment Agreement with Redeveloper, and 7R2-f (s/as), adopted September 25, 2018, which is a Release and Waiver of Lien Agreement between the City and the United States Environmental Protection Agency.

What this record is

Held by

Sale of Block

Amount

$725K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

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

Committee

Economic and Housing Development

Introduced

December 19, 2024

On agenda

January 8, 2025

Passed

January 8, 2025

Where it was heard

Municipal Council Jan 8, 2025 Adopt Pass

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