Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Accepting a Gift Gift: Basic License Fee for the use of the Prudential Hall, Parsonnet Room, and Ticketing Services for the purpose of the 2020 State of the City Mayoral Address Purpose: To accept a gift of the Basic License Fee for the use of Prudential Hall, Parsonnet Room, and Ticketing Services valued at a total combined gift in the amount of $15,500.00 for the Mayor’s State of the City Address and to enter inot and execute the Short Term License Agreement with the New Jersey Performing Arts Center Corporation, in an amount not to exceed $55,000.00. Entity Name: New Jersey Performing Arts Center (NJPAC) Corporation Entity Address: One Center Street, Newark, New Jersey 07102 Gift Value: $15,500.00 City Contribution: Ancillary Service Fees in the amount not to exceed $55,000.00. No municipal funds will be expended for the acceptance of this gift. Other Funding Source/Amount: None Contract Period: Monday, March 16, 2020 Additional Information: