Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Grant Agreement Purpose: Restore, stabilize and preserve the historical landmark South Park Calvary Presbyterian Church located at 1033 Broad Street and build-out an outdoor performing arts space named “The Façade.” Entity Name: Lincoln Park Coast Cultural District, Inc. Entity Address: 450 Washington Street, Newark, New Jersey 07102-1110 Grant Amount: $250,000.00 Funding Source: Community and Economic Development Dedicated Trust Fund Total Project Cost: $2,380,058.00 City Contribution: $250,000.00 Other Funding Source/Amount: Foundations/Corporations/Donations/$2,130,058.00 Contract Period: Shall commence on the date of execution and delivery of the Grant Agreement by the Entity and the City and expire upon the City’s issuance of a Certificate of Completion for the Project as provided in the Grant Agreement Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( X ) Grant ( ) Sub-recipient ( ) n/a List of Property: (if applicable) (Address/Block/Lot/Ward) 1033 Broad Street/Block 118/Lot 20/Central Ward Additional Information: