Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying () Authorizing (X) Amending Type of Service: Redevelopment Agreement Purpose: First Amendment to Redevelopment Agreement to reset project timelines. Entity Name: New Jersey Institute of Technology Entity Address: University Heights, Newark, New Jersey 07102-1982 Contract Amount: $0.00 Development Agreement Term: Phase I: No later than fifty-four (54) months from the effective date Phase II: No later than fifty-four (54) months from completion of Phase I City Contribution to Development Project: ( ) Grant or Loan ( ) Guarantee (X) None ( ) Other:( ) Developer Investment: :( ) Developer Third-Party Financing Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a List of Property: (Address/Block/Lot/Ward) Block 43, Lots 1, 4, 10, 18, 19, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 33, 34, 35, 36, 37, 38, 39, 40, 41, 46, 48, 50, 51, 52, 60, 61; Block 2857, Lots 1, 2, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30; Block 2858, Lots 1, 2, 10, 12, 14, 15, 16, 18, 20, 23, 43, 45, 50; Block 372, Lots 1, 5, 6, 9, 10, 11, 12, 14, 15, 16, 17, 18, 19, 22, 24; Block 384, Lot 1; Block 2828, Lots 1, 2, 3, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 34, 35, 37, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61; Block 2830, Lot 1; Block 2831, Lots 3, 5, 6, 13, 18; Block 389, Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 32, 33, 34, 35, 36, 46, 47, 48, 49, 51, 53; Block 40, Lots 1, 2, 3.01, 3.02, 4.01, 4.02, 5, 6, 7.01, 7.02, 8.01, 8.02, 9, 10.01, 10.02,11, 12, 16, 17, 18, 19, 20, 21, 22, 23, 25, 32, 35, 36, 37, 38, 42, 47, 48, 52.01, 52.02, 53; Block 41, Lots 1, 3, 32, 33, 34, 35, 36, 62, 65, 66, 69, 70, 72 and Block 42, Lot 44 in the City of Newark (“NJIT Gateway Plan Area”) as identified in a plan entitled the “NJIT Campus Gateway Redevelopment Concept Plan” (the “NJIT Plan”). Additional Information: Original Redevelopment Agreement authorized by Resolution 7R3-b(S) adopted on August 11, 2009.