Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying ( x ) Authorizing ( x ) Amending Type of Service: Redevelopment Agreement Purpose: Authorize Execution of First Amendment of the Agreement for the Sale and Redevelopment of Land between the City of Newark and 760 Clinton Ave Shoho, LLC Entity Name: 760 Clinton Ave Shoho, LLC Entity Address: 1037 Route 46 East, Suite 101, Clifton, New Jersey 07013 Contract Amount: N/A Funding Source: 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) 760-766 Clinton Avenue/Block 3042/Lot 1/Additional Lot 5/South Ward Additional Information:

Resolution Adopted Introduced April 8, 2025

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