Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing () Amending Type of Service: 2025 Annual Budget for Newark Downtown District Management Corporation (NDD) Purpose: Introducing the 2025 Annual Budget for the Newark Downtown District Management Corporation. Amount: $8,335,000.00 Budget Period: January 1, 2025 through December 31, 2025 Additional Information: Ordinance 6S&F-e adopted on September 2, 1998, created an expanded Downtown SID and changed regulations for the operations of the Downtown SID. Ordinance 6PSF-c adopted on February 20, 2013 repealed it. Ordinance 6PSF-b(S) adopted on November 22, 2022, expanded the Downtown SID and clarified the responsibilities and powers of the Newark Downtown District Management Corporation.