AN ORDINANCE AUTHORIZING THE MAYOR, AND/OR HIS DESIGNEE, THE DEPUTY MAYOR/DIRECTOR OF THE DEPARTMENT OF ECONOMIC AND HOUSING DEVELOPMENT TO AUTHORIZE THE SALE AND TRANSFER OF THE CITY OF NEWARK PROPERTY IDENTIFIED ON THE CITY OF NEWARK TAX MAP AS BLOCK 20, LOT 1 TO KAWAIDA TOWERS JV PARTNERS, LLC FOR THE AMOUNT OF $500,000.00, PURSUANT TO AN AGREEMENT FOR SALE AND REDEVELOPMENT OF LAND.

What this record is

Held by

LOT 1 TO Kawaida Towers JV Partners, LLC

Amount

$500K

Runs until

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

Type

contract

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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

March 13, 2026

On agenda

March 18, 2026

Passed

April 1, 2026

Where it was heard

Municipal Council Apr 1, 2026 Close on Public Hearing and Adopt Pass Municipal Council Mar 18, 2026 Advance and Adopt on First Reading as 6F- Pass

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