Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2023 Annual Budget for the Newark Downtown District Management Corporation (NDD) Purpose: Reading and Adopting the 2023 Annual Budget of Newark Downtown District. Amount: $8,335,000.00 Budget Period: January 1, 2023 through December 31, 2023 Additional Information: Budget Introduction authorized by Resolution 7R2-j adopted on May 24, 2023. A Public Hearing will be held during the Special Meeting/Conference on Tuesday, June 27, 2023 at 10:00 A.M. in the Council Chamber.