Dept/ Agency: Law Action: (X) Ratifying (X) Authorizing ( ) Amending Purpose: Settlement of Pre-Suit Demand for Payment of a loan awarded through a facade improvement program and execution of original loan agreement Claimant: WAWA Realty, LLC., 557 Clinton Avenue, Newark, New Jersey, 07108 Settlement Amount: $50,000.00 Funding Source: City of Newark Budget, Department of Economic and Housing Development Additional Comments: