Title
Dept/ Agency: Administration/Division of Central Purchasing
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Accepting a Gift
Gift: Basic License Fee for the use of the Prudential Hall, Parsonnet Room, and ticketing services for the purpose of the 2023 State of the City Mayoral Address
Purpose: To enter into and execute a Short Term License Agreement with New Jersey Performing Arts Center to use the Prudential Hall Theatre and the Parsonnet Room for the 2023 State of the City Mayoral Address.
Entity Name: New Jersey Performing Arts Center (NJPAC) Corporation
Entity Address: One Center Street, Newark, New Jersey 07102
Gift Value: $15,500.00
City Contribution: An Ancillary Service Fee in an amount not to exceed $60,000.00
Other Funding Source/Amount: $0.00
Contract Period: Tuesday, April 18, 2023
Additional Information:
This Resolution authorizes the City, pursuant to N.J.S.A. 40A:5-29, to accept a gift of the basic license fee for the use of Prudential Hall, Parsonnet Room, and ticketing services, which is valued at $15,500.00.
The Short Term License Agreement is in an amount not to exceed $60,000.00, representing ancillary service fees.
No municipal funds will be expended for the acceptance of this gift.
body
WHEREAS, the Mayor of the City of Newark (the "City") is desirous of holding the 2023 State of the City Address at the Prudential Hall Theatre located in the New Jersey Performing Arts Center, on Tuesday, April 18, 2023; and
WHEREAS, the City must enter into a Short Term License Agreement for the use of the Prudential Hall Theatre and the Parsonnet Room at the New Jersey Performing Arts Center (the "NJPAC") in the amount not to exceed Sixty Thousand Dollars and Zero Cents ($60,000.00), representing ancillary service fees with payment to NJPAC provided no later than April 28, 2023; and
WHEREAS, the NJPAC, a New Jersey Not-for-P...
Click here for full text