Dept/ Agency: Economic & Housing Development Action: ( X ) Ratifying (X) Authorizing ( ) Amending Type of Service: Memorandum of Understanding between the City of Newark and Newark Community Economic Development Corporation (“Newark CEDC”) Purpose: Continuation of the Contracted Services from Brick City Development Corporation to be undertaken by NEWARK CEDC and incorporate the terms and conditions specified in the Prior Funding Agreement with Brick City Development Corporation to Newark CEDC (7R3-j (AS) 070109) Entity Name: Newark Community Economic Development Corporation (“Newark CEDC”). Entity Address: Operating Budget: Funding Source: $ Contract Period: September 1, 2014 through August 31, 2015 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( X ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: