Dept/ Agency: Recreation, Cultural Affairs and Senior Services Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Accepting a Gift Gift: Five (5) Custom-built seating cabanas Purpose: The purpose of the gift is to engage students with the city outside of the NJIT campus while also offering the City the fruits of their talents Entity Name: New Jersey Institute of Technology Entity Address: 323 Dr. Martin Luther King, Jr., Blvd, Newark, New Jersey 07102 Gift Value: $150,000.00 City Contribution: n/a Other Funding Source/Amount: n/a Contract Period: n/a Additional Information: New Jersey Institute of Technology (NJIT), 323 Dr. Martin Luther King, Jr., Blvd., Newark, New Jersey 07102 would like to donate five (5) custom-built seating cabanas to the City of Newark to be placed at selected outdoor pools (Bo Porter, Boylan, Hayes West, and Rotunda) which will enhance the aesthetics and pool experience for the residents of the City of Newark. The custom-built seating cabanas have a value of One Hundred Fifty Thousand Dollars ($150,000.00).