Dept/ Agency: Administration/Office of Management and Budget Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Temporary Emergency Appropriation Purpose: Opportunity Zone Investments (All Wards) Funding Source: Opportunity Zone Investments (All Wards) Appropriation Amount: $25,000.00 Budget Year: 2021 Contract Period: Funds to be expended or committed by September 1, 2020 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: Funds accepted by Resolution 7R1-a adopted on June 24, 2020. Operating Agency: Department of Economic and Housing Development Two-Thirds vote of full membership required.