25-0734
Dept./Agency: Economic and Housing Development Action: ( X ) Ratifying ( X ) Authorizing ( X ) Amending Type of Service: Grant Agreement Purpose: To provide for a Grant and Grant Agreement with Rising Plains 474 LLC in the amount of $43,000.00 Entity Name: Rising Plains 474 LLC Entity Address: P.O. Box 91, Hillside, New Jersey 07205 Additional Grant Amount: $43,000.00 Funding Source: Community and Economic Development Dedicated Trust Fund Total Project Cost: $661,653.00 City Contribution: $43,000.00 Other Funding Source/Amount: Community Economic Development Trust Fund Grant Period: Construction has commenced and is near substantial completion. Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( X ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) 474 South 15th Street/Block 329/Lot 30/West Ward Additional Information:
What this record is
- Held by
- Rising Plains 474 LLC
- Amount
- $43K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
- Field
- Construction
construction contracts in NJ that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Economic and Housing Development
- Introduced
- May 13, 2025
- On agenda
- June 4, 2025
- Passed
- June 4, 2025
Where it was heard
Municipal CouncilWatch what Newark buys
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