Dept/ Agency: Law Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Settlement of Civil Litigation Docket No.: Not Applicable Claimant: MZM Construction Co., Inc., 105 Lock Street, Suite 205, Newark, New Jersey 07103 Claimant's Attorney: Not Applicable Settlement Amount: $90,000.00 Funding Source: 2023 Budget/Department of Economic and Housing Development Additional Comments: This Resolution and Settlement Agreement resolves all outstanding invoices for the costs associated with MZM Construction Co., Inc., providing construction services for Invest Newark during the period of February 7, 2018 through February 28, 2022.