Dept/ Agency: Recreation, Cultural Affairs and Senior Services Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Accepting a Gift Gift: 50 ft. flagpole Purpose: To accept a gift/donation that will provide a flagpole to the residents of the City of Newark at the Eddie Moraes Stadium located at 226 Rome Street. Entity Name: Seagis Property Group Frontage Road Urban Renewal, LLC c/o Seagis Property Group, LP Entity Address: One Meadowlands Plaza, Suite 800, East Rutherford, New Jersey 07073 Gift Value: $30,000.00 to $40,000.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 Contract Period: Not Applicable Additional Information: Seagis Property Group Frontage Road Urban Renewal, LLC c/o Seagis Property Group LP, would like to donate one (1) 50 ft flagpole to the City of Newark. Seagis Property Group Frontage Road Urban Renewal, LLC c/o Seagis Property Group LP understands that children and families at sporting events would like to have a flag present during the singing of the National Anthem before the start of games. The flagpole has a value of approximately $30,000.00 to $40,000.00, including labor and materials.