Dept/ Agency: One Stop Career Center-NewarkWorks Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Acceptance of Grant Funds Purpose: Acceptance of Workforce Innovation and Opportunity Act (WIOA). Entity Name: City of Newark, One Stop Career Center Entity Address: 990 Broad Street, Newark, New Jersey 07102 Grant Amount: $5,019,995.00 Total Project Cost: $0.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 Grant Period: July 1, 2023 through June 30, 2024 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a Additional Information: The grant funding source is the State of New Jersey Department of Labor and Workforce Development and Economic Opportunity through the Workforce Innovation Opportunity Act (WIOA) to assist youth, adult, and dislocated workers with significant barriers to employment, high quality jobs, and careers and to help employers hire and retain skilled workers. Eighty (80%) percent of grant funds must be obligated by June 30, 2024 and all funds fully expended by June 30, 2025.