Dept/ Agency: Administration/Office of Business Administrator Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Grant Agreement Purpose: To mitigate the negative financial impact due to the Covid-19 public health emergency. Entity Name: Greater Newark Tourism Improvement District Management Corporation d/b/a The Greater Newark Convention and Visitors Bureau Entity Address: 58 Park Place, First Floor, Newark, New Jersey 07102 Grant Amount: $500,000.00 Funding Source: American Rescue Plan Act of 2021 - Department of Treasury Coronavirus State and Local Fiscal Recovery Funds/NW051-G21-ARPK0-A-72090-B2021 Grant Period: Upon full execution of the Grant Agreement 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: