Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: 2014 Annual Budget for Newark Downtown Special Improvement District Management Corporation (Downtown SID) Purpose: Introducing and Approving 2014 Downtown SID Budget Amount: $3,461,500.00) Budget Period: January 1, 2014 through December 31, 2014 Additional Information: Ordinance 6PSF-c 022013 repealed Ordinance 6S&FE 090298 and created an expanded Downtown SID and changed regulations for the operations of the Downtown SID