Dept/ Agency: Administration/Office of the Business Administrator Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Accepting a Gift Gift: Basic License Fee for the use of the Prudential Hall, Parsonnet Room, and Gift of Ticketing Services for the purpose of the 2017 State of the City Mayoral Address Purpose: This resolution authorizes the Mayor and/or his designee to execute the Short Term License Agreement with the New Jersey Performing Arts Center Corporation, One Center Street, Newark, New Jersey 07102, for ancillary service fees not to exceed $34,717.60 and further authorizes the gift of the use of the Prudential Hall, Parsonnet Room, and Ticketing Services valued at $17,800.00. Entity Name: New Jersey Performing Arts Center (NJPAC) Corporation Entity Address: One Center Street, Newark, New Jersey 07102 Gift Value: $17,800.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 Period: March 20, 2017 Additional Information: City is paying $34,717.16 for ancillary service fees associated with use of the Prudential Hall and Parsonnet Room