Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Waiving 20 day period for an ordinance to take effect Purpose: Declaring an emergency and providing for the immediate effectiveness of an ordinance approving the execution of a First Amendment to Financial Agreement with Newark Teachers Village Urban Renewal, L.L.C. and RBH-TRB Broad Mezz Urban Renewal Entity, LLC, which amends a Financial Agreement dated February 3, 2012 between the City of Newark and Newark Teachers Village Urban Renewal, L.L.C. Ordinance No(s).: Ordinance 6PSFa (s) Additional Information: Two-Thirds vote of full membership required Failed 7R3-a (s) 072114 Tabled 7R3-a 080614 Council of the Whole