Dept/ Agency: Administration/Office of the Business Administrator Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Accepting a Gift/ License Agreement Gift: Basic License Fee for the use of the Prudential Hall, Parsonnet Room, and ticketing services for the purpose of the 2019 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 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: Estimated Ancillary Service Fees of $48,994.00 with a final amount not to exceed $55,000.00. No municipal funds will be expended for the acceptance of this gift. Other Funding Source/Amount: N/A Period: Tuesday, March 12, 2019 Additional Information: