Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Services Contract Purpose: Title Search Services Entity Name: Foundation Title, LLC Entity Address: 57 Euclid Street, Woodbury, New Jersey 08096 Contract Amount: $50,000.00 Funding Source: City of Newark/Economic & Housing Development Contract Period: From date of Notice to Proceed for a period not to exceed 12 months Contract Basis: ( ) Bid ( ) State Vendor ( X ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: