City of Newark Municipal Council Meeting Minutes March 2026
Newark Executes Garden State C-PACE Agreement with NJEDA
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Description
The Newark Municipal Council authorized the City to execute the corrected Garden State C-PACE Program Agreement with the New Jersey Economic Development Authority, formalizing Newark’s participation in the state’s property-assessed clean energy financing program. This intergovernmental agreement supports financing for energy and resiliency improvements on qualifying properties.
Contract Details
Vendor
NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY
Agency
City of Newark, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
Renewal Info
Program agreement terms and any renewal or termination provisions are contained in the state-issued C-PACE agreement; specifics are not stated in the minutes.
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