Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Street Use Agreement Purpose: An Agreement for the right to construct, install, maintain, repair, operate, relocate, replace and remove the Utility Gas Metering and Regulation Station, currently located on part of Port Street in the City of Newark. Entity Name: Public Service Electric and Gas Company (PSE&G) Entity Address: 80 Park Plaza, Newark, New Jersey, 07102 Contract Amount: As defined in detail within the Street Use Agreement Funding Source: No municipal funds required Contract Period: Ninety-Nine (99) years, provided that following the twentieth (20th) anniversary of the effective date, either party may terminate the Agreement by giving written notice of termination Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. (X) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: