Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2022 Annual Budget for Newark Downtown District Management Corporation (NDD) Purpose: Introducing the 2022 Annual Budget for the Newark Downtown District Management Corporation. Amount: $5,071,250.00 Budget Period: January 1, 2022 through December 31, 2022 Additional Information: Ordinance 6PSF-c adopted on February 20, 2013. Ordinance 6S&F-e adopted on September 2, 1998 created an expanded Downtown SID and changed regulations for the operations of the Downtown SID.