ORDINANCE RATIFYING AND AUTHORIZING THE MAYOR AND/OR HIS DESIGNEE, THE DEPUTY MAYOR/DIRECTOR OF THE DEPARTMENT OF ECONOMIC & HOUSING DEVELOPMENT TO ENTER INTO AND EXECUTE A LEASE AGREEMENT WITH LEADERS FOR LIFE, INC., 527 NORWICH COURT, PISCATAWAY TOWNSHIP, NEW JERSEY 08854, FOR THE PROPERTY LOCATED AT 84-86 CLINTON PLACE, NEWARK, NEW JERSEY 07108 (BLOCK 3035, LOT 10), FOR AN ANNUAL RENT OF ONE DOLLAR ($1.00), FOR A PERIOD COMMENCING OCTOBER 1, 2012 AND TERMINATING ON SEPTEMBER 30, 2013, WITH AN OPTION TO RENEW ANNUALLY FOR UP TO FIVE (5) YEARS, TERMINATING NO LATER THAN SEPTEMBER 30, 2018, SUBJECT TO NEWARK MUNICIPAL COUNCIL APPROVAL. South Ward Sponsor: Baraka