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26-0559

Dept/ Agency: Administration/Office of the Business Administrator Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Memorandum of Understanding Purpose: To maximize economic activity related to, and support the development of Lionsgate Studios, which is located within its municipality; Entity Name: New Jersey Economic Development Authority (NJEDA) Entity Address: One Gateway Center, Suite 1410, Newark, New Jersey, 07102 Grant Amount: $1,000,000.00 Total Project Cost: $1,000,000.00 City Contribution: $0.00 Other Funding Source/Amount: N/A Grant Period: 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:

Resolution Adopted Introduced April 10, 2026

What this record is

Amount
$1.00M
Runs until
no end date published in this record
Type
rfp

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

Committee
Administration
Introduced
April 10, 2026
On agenda
May 20, 2026
Passed
May 20, 2026

Where it was heard

Municipal Council May 20, 2026 Adopt Pass