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Authorization for Newark Fan Village Indemnification Agreement

Original title: Dept/ Agency: Offices of Municipal Council/City Clerk Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Hold Harmless and Indemnification Agreement Purpose: Newark Fan Village Entity Name: Fifth Corner LLC and Iberia I LLC Entity Address: 2071 Flatbush Ave., Suite 22, Brooklyn, New York 11234 Event Location: 80-84 Ferry Street, Newark New Jersey 07105 Event Date(s): June 11, 2026 through July 19, 2026 Event Time: Additional Information: Sponsor: Council Member Michael J. Silva

Record date · June 3, 2026

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What This Bill Does

The Newark Municipal Council has authorized a with Fifth Corner LLC and Iberia I LLC for the Newark Fan Village event. The agreement covers the use of the property located at 80-84 Ferry Street from June 11, 2026, through July 19, 2026.

Why it matters

This resolution establishes the legal liability protections for the city regarding the Newark Fan Village event, which will operate at 80-84 Ferry Street for approximately five weeks in the summer of 2026.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Fifth Corner LLC and Iberia I LLC

These entities are parties to the indemnification agreement with the city for the event.

Directly affected

Newark Municipal Council

The council authorized the legal agreement on behalf of the city.

Key Facts

  • The Newark Municipal Council authorized a hold harmless and indemnification agreement.
  • The agreement involves Fifth Corner LLC and Iberia I LLC.
  • The event is titled 'Newark Fan Village'.
  • The event location is 80-84 Ferry Street, Newark, New Jersey 07105.
Show all 8 facts
  • The event dates are June 11, 2026, through July 19, 2026.
  • The resolution was introduced on June 3, 2026.
  • The resolution status is listed as 'Adopted'.
  • Council Member Michael J. Silva is the sponsor of the resolution.

Frequently Asked Questions

What is a hold harmless and indemnification agreement?
It is a legal contract where one party agrees to protect the other party from liability or loss related to a specific event or activity.
When and where will the Newark Fan Village take place?
The event is scheduled for June 11, 2026, through July 19, 2026, at 80-84 Ferry Street, Newark, New Jersey.

What else do you want to know?

News Coverage

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Connected Entities

80-84 Ferry Street, Newark, New Jersey 07105, Fifth Corner LLC, Michael J. Silva and 1 more
location80-84 Ferry Street, Newark, New Jersey 07105“Location of the Newark Fan Village event.”Map →
OrganizationFifth Corner LLC“Entity entering into the agreement.”Map →
PersonMichael J. Silva“Council Member who sponsored the resolution.”Map →
OrganizationIberia I LLC“Entity entering into the agreement.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100
  • Significance30
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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