Dept/ Agency: Economic & Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: (2013) Annual Budget for Ironbound Business Improvement District (IBID) Purpose: Introducing and Approving 2013 Ironbound Business Improvement District Budget Amount: $825,000.00 Budget Period: January 1, 2013 to December 31, 2013 Additional Information: Ordinance 6PSF-B 030613 repealed Ordinances 6S & FN adopted November 13, 2000 and 6S & FC adopted May 7, 2003 and created an expanded Ironbound Business Improvement District and changed regulations for the operation of the Ironbound Business Improvement District