CONTRACTAPPROVED

City of Newark Awards Facilities Contract to Newark Development Partners (May 2026)

City of Newark
Disclosed value
No consideration; net sale proceeds after costs remitted to City
From agendapacket
Approved
May 16, 2026
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

Newark City Council authorized transfer of the city‑owned property at 15 S. 4th Street to Newark Development Partners for disposition under an existing agency agreement. Newark Development Partners will sell the property, retain allowable costs and a service fee, and apply net proceeds to future economic development projects in the city.

Who holds it

Newark Development Partners holds this facilities contract with City of Newark.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Newark contract.

Contract details

Contract type
Facilities
Amount
No consideration; net sale proceeds after costs remitted to City
Document date
May 16, 2026
Renews
Free account
Source document
City of Newark Council Agenda Packet May 18 2026 (AgendaPacket)

Newark Development Partners's other public contracts

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Questions about this contract

Who was awarded the facilities contract by City of Newark?

Newark Development Partners was awarded this facilities contract by City of Newark, as recorded on May 16, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Newark Council Agenda Packet May 18 2026 (AgendaPacket), dated May 16, 2026 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Newark Development Partners hold?

Newark Development Partners may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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