Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Referral of Proposed Ordinance to the Central Planning Board for Formal Review Purpose: Resolution referring a Proposed Ordinance amending Title 41 of the Revised General Ordinances of the City of Newark, New Jersey, 2000, as Amended and Supplemented, entitled “Newark Zoning and Land Use Regulations”, by including a new Section 12.3 under Chapter 15 of Title 41, to be entitled “Professional Review Fees, Escrows and Procedures” to establish escrow deposit fees to cover the cost of professionals hired by the City to review and analyze land use applications to the Newark Central Planning Board for review and recommendation as required by N.J.S.A. 40:55D-26 in accordance with N.J.S.A. 40:55D-64. Additional Information: