Dept/ Agency: Administration/ Office of the Business Administrator Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Partnership Agreement pursuant to N.J.S.A. 40:12-20 Purpose: The rehabilitation, improvement, and renovation of the Ironbound Ice Rink, 226 Rome Street, Newark, New Jersey (East Ward) Entity Name: Devils Renaissance Development, LLC. Entity Address: 165 Mulberry Street, Newark, New Jersey 07102-3607 Allocation Amount: Amount not to exceed $5,500,000.00 Funding Source: City of Newark - Bond Ordinance 6PSF-b adopted on April 19, 2017 Contract Period: June 1, 2017 and terminating three (3) years from Project Completion Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: