Dept./ Agency: Recreation, Cultural Affairs and Senior Services Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Memorandum of Understanding with Ironbound Boxing Academy Purpose: To inspire youth to develop life skills, to succeed academically, and to create relationships through the sport of boxing. Entity Name: Ironbound Boxing and Education, a NJ Non-profit Corporation Entity Address: 1 Gateway Center, Suite 120, Newark, New Jersey 07102 Contract Period: Two (2) years from the date of the MOU execution Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: Memorandum of Understanding, pursuant to N.J.S.A 40:12-20 et seq.