Dept/ Agency: Economic & Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2016 Annual Budget for the Ironbound District Management Corporation (IBID) Purpose: Reading & Adopting 2016 IBID Budget Amount: $835,000.00 Budget Period: January 1, 2016 through December 31, 2016 Additional Information: Budget Introduction authorized by Resolution #7R3-c 012016