AN ORDINANCE AUTHORIZING A LEASE AGREEMENT BETWEEN THE CITY OF NEWARK, LESSEE, AND THE NEW JERSEY DEPARTMENT OF TRANSPORTATION, LESSOR, TO LEASE THE PROPERTY LOCATED IN THE MUNICIPALITY OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, MORE COMMONLY KNOWN AS BLOCK 903, LOT 1 OR TICHENOR PARK, AND FORMERLY KNOWN AS SKULLS FIELD (THE “PROPERTY OR LEASED PREMISES”), FOR THE SUM OF ONE DOLLAR ($1.00) PER MONTH, FOR A TERM OF TEN (10) YEARS, COMMENCING ON THE DATE THE LESSOR FULLY COMPLETES ANY AND ALL CONSTRUCTION ON THE PROPERTY OR THE FIRST OF THE MONTH UPON FULL EXECUTION OF THIS LEASE BY LESSOR AND LESSEE, WHICHEVER IS LATER. No Action Taken 8-b (as) 100213 No Action Taken 8-b 101013 No Action Taken 6F-b 102313 Deferred 6PSF-i 110713 Due to advertising, Public Hearing will be held at the November 18, 2013, Regular Meeting.