Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Settlement Agreement Purpose: Authorizing the execution of a Settlement Agreement with Blossom Hill Urban Renewal Corp. Entity Name: Blossom Hill Urban Renewal Corp. Entity Address: 5 Manor Drive, Newark, New Jersey 07106 Amount: Not Applicable Development Agreement Term: Not Applicable City Contribution to Development Project: ( ) Grant or Loan ( ) Guarantee (X) None ( ) Other Developer Investment: Not Applicable Developer Third-Party Financing Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a List of Property: (Address/Block/Lot/Ward) 489-599 Irvington Avenue/Block 4274/Lot 15/West Ward Additional Information: