Dept/ Agency: Economic & Housing Development Action: (X ) Ratifying (X) Authorizing ( ) Amending Type of Service: Contract with Sub-recipient Purpose: To provide Transitional Employment Services to 120 young adults, ages 18 to 30, for the Newark Hot Spot Initiative (“Hotspot”) Entity Name: Greater Newark Conservancy Entity Address: 32 Prince Street, Newark, New Jersey 07103 Grant Amount: Not to Exceed $216,000.00 Funding Source: United States Department of Justice Contract Period: January 15, 2013 through December 31, 2015 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS (X ) Fair & Open ( ) No Reportable Contributions (X ) RFP ( ) RFQ ( ) Private Sale (X ) Grant ( ) Sub-recipient ( ) n/a List of Property: (If applicable) (Address/Block/Lot/Ward) Additional Information: Resolution #7R3-a(s) 061212, Application and acceptance of grant funds and approval of $ 450,999.00 in City funds for Police Officers Health Benefits