Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Application/Acceptance of Grant Funds Purpose: Acceptance of $7,470,560.00 of Zone Assistance Funds and Transfer thereof to the Zone Development Corporation Entity Name: Urban Enterprise Zone Authority Entity Address: 101 South Broad Street, First Floor, Trenton, New Jersey 08625-0822 Grant Amount: $7,470,560.00 Total Project Cost: $7,470,560.00 City Contribution: $0.00 Other Funding Source/Amount: Grant Period: State FY 2025 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( X ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Allocated pursuant to N.J.S.A. 52:27H-88