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Council waives $36,500 in parking-fees to support George Reed Village affordable-housing project

3280920 · May 12, 2025
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Summary

Council voted 6-0 to waive the standard $25-per-space-per-day charge for two on-street parking spaces for the George Reed Village construction entrance (estimated $36,500 over 24 months) and staff said the city has already waived roughly $120,223 in fees and secured a $500,000 state bond contribution for the 72-unit development.

The Newark City Council on May 12 approved a one-time waiver of $36,500 in on-street parking fees for the George Reed Village affordable-housing development to support construction logistics during a projected two-year build.

Planning staff said two on-street spaces adjacent to the construction entrance at 313 East Main Street will need to be closed for materials and equipment during the approximately 24-month construction period. The city typically charges $25 per space per day for such closures; for two spaces over two years that amounts to $36,500. With council’s policy interest in supporting affordable housing, planners asked the council to consider waiving the fee for the 24-month duration.

Councilman Daniel Mulhern asked staff to provide a running tally of city contributions to the project; staff said the city had already waived roughly $120,223 in subdivision and temporary occupancy fees, and that a $500,000 state bond-bill allocation would be a separate, state-dedicated contribution to the project. The planning presentation noted the development will deliver 72 units.

David Holden of the Grama Group, the project team representative, was present for the item. After brief council discussion, a motion to waive the first $36,500 in parking-space fees for the mixed-use building and garden apartments passed 6-0.

Council members said they want transparency about the total municipal support for the project and asked staff to include aggregate amounts and funding sources in future briefings. The vote to waive the parking-fee charge was procedural and did not change project approvals; it removes a modest operating cost for the developer during construction.