Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: 2015 Annual Budget for Newark Downtown Special Improvement District (Downtown SID) Purpose: Introducing and Approving 2015 Downtown SID Budget Amount: $3,893,350.00 Budget Period: January 1, 2015 through December 31, 2015 Additional Information: Ordinance 6PSF-c 022013 repealed Ordinance 6S&FE 090298 and created an expanded Downtown SID and changed regulations for the operations of the Downtown SID