Dept/ Agency: Administration/Office of Business Administrator Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Memorandum of Understanding Purpose: To authorize the execution of the CY 2014 Transitional Aid (TA) Memorandum of Understanding (MOU). Entity Name: State of New Jersey, Division of Local Government Services/Department of Community Affairs Entity Address: 101 South Broad Street, Trenton, New Jersey 08625-0803 Aid Amount: $10,000,000.00 Contract Period: Effective date through December 31, 2015 and/or until such later date as shall be determined in accordance with the terms of the MOU Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: Originating Resolution 7R1-m(AS) adopted on August 6, 2014/File #14-1185