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25-0074

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying ( x ) Authorizing ( ) Amending Type of Service: Funding and Escrow Agreement Purpose: Funding and Escrow Agreement Between the City of Newark and Prudential Insurance Company of America, Devils Arena Entertainment LLC, Edison Properties, LLC and its affiliates, and J&L Companies and its affiliates Entity Name: Devils Arena Entertainment LLC, Edison Properties, LLC and its affiliates, and J&L Companies and its affiliates Entity Address: 25 Lafayette Street, Newark, New Jersey 07102 Contract Amount: N/A Funding Source: Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) n/a List of Property: (Address/Block/Lot/Ward) Market Street on the North, Green Street on the South, McCarter Highway on the East, Broad Street on the West, Including the Prudential Center (“Mulberry Commons Area”)

Resolution Adopted Introduced January 13, 2025

What this record is

Held by
Devils Arena Entertainment LLC, Edison Properties, LLC
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
amendment

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Read automatically from the title of the official record. The source document below is authoritative.

Committee
Economic and Housing Development
Introduced
January 13, 2025
On agenda
January 22, 2025
Passed
January 22, 2025

Where it was heard

Municipal Council Jan 22, 2025 Adopt Pass

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