Dept/ Agency: Office of the Mayor/ One Stop Career Center/ Newark WORKS Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Acceptance of Grant Funds Purpose: To disburse the Interdepartmental Funds and ARRA Rapid Response funding to Newark Workforce Investment Board to Implement Business Development Initiatives Entity Name: City of Newark, Office of the Mayor/ One Stop Career Center/ Newark WORKS Entity Address: 990 Broad Street, Newark, NJ 07102 Grant Amount: $54,500.00 Funding Source: State of New Jersey Department of Labor and Workforce Development and American Recovery and Reinvestment Act (ARRA) Total Project Cost: $54,500.00 City Contribution: No municipal funds required Other Funding Source/Amount: N/A Contract Period: July 1, 2010 through June 30, 2011 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a Additional Information: Refer to Resolution # 7R8-a 051811 for application of funds