Dept/Agency: Recreation, Cultural Affairs and Senior Services Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Sub-Recipient - Agreement Purpose: To enter into an Agreement with Newark Arts Council, Incorporated, a non-profit corporation, to administer and disburse funds received by the City of Newark, from the U.S. Department of Treasury, in connection with the American Rescue Plan Act and Coronavirus State and Local Fiscal Recovery Funds, for the purpose of awarding grants to Newark-based non-profit arts and cultural organizations and Newark-based artists, affected by COVID-19. Entity Name: Newark Arts Council, Incorporated Entity Address: 17 Academy Street, Newark, New Jersey 07102 Grant Amount: $750,000.00 Funding Source: American Rescue Plan Act, Coronavirus State and Local Fiscal Recovery Funds Contract Period: Upon execution, until the completion of the grant distribution and reporting requirements, on or about June 30, 2023 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: To enter into an Agreement with Newark Arts Council, Incorporated, the Sub-Recipient, to administer and disburse $708,000.00 of $750,000.00 in grant funds, to Newark-based non-profit arts and cultural organizations and Newark-based artists, as Beneficiaries, affected by COVID-19.