Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Settlement Agreement Purpose: Authorizing Execution of Settlement Agreement with Passaic Valley Sewerage Commission Entity Name: Passaic Valley Sewerage Commission (PVSC) Entity Address: 600 Wilson Avenue, Newark, New Jersey 07105 Contract Amount: $83,680.00 Funding Source: Not Applicable Contract Period: Not Applicable 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: Original Resolution 7R3-e adopted on April 5, 2023, authorized the City of Newark (the “City”) to enter into an Agreement with PVSC which required PVSC to install curb and sidewalk at the completion of their flood wall construction project, at their sole monetary expense. However, in lieu of construction, PVSC and the City of Newark have agreed to a monetary settlement in the amount of $83,680.00, the approximate value of the curb and sidewalk construction.