Municipal Council
Regular MeetingNewark, OH · June 21, 2022
Agenda
City of Newark
City Hall
920 Broad Street
Newark, New Jersey 07102
Meeting Agenda
SPECIAL MEETING
Tuesday, June 21, 2022
10:00 AM
Council Chamber
Municipal Council
Council Member Augusto Amador
Council Member C. Lawrence Crump
Council Member Carlos M. Gonzalez
Council Member John Sharpe James
Council Member Joseph A. McCallum, Jr.
Council Member LaMonica R. McIver
Council Member Eddie Osborne
Council Member Anibal Ramos, Jr.
President Luis A. Quintana
Municipal Council Meeting Agenda June 21, 2022
STATEMENT ON OPEN PUBLIC MEETINGS ACT
STATEMENT OF OPEN PUBLIC MEETING ACT
In accordance with New Jersey P.I. 1975, Chapter 231, Section 5,
adequate notice of this meeting has been provided to the Star Ledger,
the Jersey Journal and the public at large; establishing the date, time
and location of this meeting, by posting on the designated bulletin board
in City Hall and by filing with the Office of the City Clerk, the schedule of
regular meetings and conferences of the Newark Municipal Council as
adopted as 7R8-a on December 15, 2021 and amended by Resolution
7R8-a (s) on January 4, 2022, allowing virtual meetings in January and
February. In addition, the agenda for this meeting was disseminated on
June 16, 2022 at the time of preparation and posted on the website of the
City of Newark.
ROLL CALL
ORDINANCES
6PSF Public Hearing, Second Reading and Final Passage
6PSF-a 21-1037 AN ORDINANCE AUTHORIZING THE SALE AND CONVEYANCE
(s) OF THE PROPERTY AND/OR CERTAIN RIGHTS IN THE
PROPERTY OWNED BY THE CITY OF NEWARK LOCATED AT
133-179 ROCK LODGE ROAD, HARDYSTON, NEW JERSEY 07460
AND IDENTIFIED ON THE OFFICIAL TAX MAP OF HARDYSTON
TOWNSHIP, AS BLOCK 60, LOT 15 (DESIGNATED BY THE NEW
JERSEY DEPARTMENT OF TRANSPORTATION, AS PARCEL 52)
TO THE STATE OF NEW JERSEY, DEPARTMENT OF
TRANSPORTATION, FOR THE SUM OF $160.00.
Public Hearing to be held June 21, 2022.
Deferred 6PSF-g 060222
City of Newark
Page 2 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
6PSF-b 21-1046 AN ORDINANCE AUTHORIZING THE SALE AND CONVEYANCE
(s) OF THE PROPERTY AND/OR CERTAIN RIGHTS IN THE
PROPERTY OWNED BY THE CITY OF NEWARK LOCATED AT
2601 NEW JERSEY 23, HARDYSTON, NEW JERSEY 07460 AND
IDENTIFIED ON THE OFFICIAL TAX MAP OF HARDYSTON
TOWNSHIP, AS BLOCK 43, LOT 2 (DESIGNATED BY THE NEW
JERSEY DEPARTMENT OF TRANSPORTATION, AS PARCEL 50A,
PARCEL UE50B AND PARCEL UE50C) TO THE STATE OF NEW
JERSEY, DEPARTMENT OF TRANSPORTATION, FOR THE SUM
OF $1,350.00.
Public Hearing to be held June 21, 2022.
Deferred 6PSF-h 060222
6PSF-c 21-1049 AN ORDINANCE AUTHORIZING THE SALE AND CONVEYANCE
(s) OF THE PROPERTY AND/OR CERTAIN RIGHTS IN THE
PROPERTY OWNED BY THE CITY OF NEWARK LOCATED AT
2720 ROUTE 23 HARDYSTON, NEW JERSEY 07460 AND
IDENTIFIED ON THE OFFICIAL TAX MAP OF HARDYSTON
TOWNSHIP, AS BLOCK 41, LOT 7 (DESIGNATED BY THE NEW
JERSEY DEPARTMENT OF TRANSPORTATION, AS PARCEL 51A
AND PARCEL UE51B) TO THE STATE OF NEW JERSEY,
DEPARTMENT OF TRANSPORTATION, FOR THE SUM OF
$1,855.00.
Public Hearing to be held June 21, 2022.
Deferred 6PSF-i 060222
6PSF-d 21-1050 AN ORDINANCE AUTHORIZING THE SALE AND CONVEYANCE
(s) OF THE PROPERTY AND/OR CERTAIN RIGHTS IN THE
PROPERTY OWNED BY THE CITY OF NEWARK LOCATED AT
2746 NEW JERSEY 23, HARDYSTON, NEW JERSEY 07460 AND
IDENTIFIED ON THE OFFICIAL TAX MAP OF HARDYSTON
TOWNSHIP, AS BLOCK 36, LOT 56 (DESIGNATED BY THE NEW
JERSEY DEPARTMENT OF TRANSPORTATION, AS PARCEL 60A
AND PARCEL 60B) TO THE STATE OF NEW JERSEY,
DEPARTMENT OF TRANSPORTATION, FOR THE SUM OF
$5,915.00.
Public Hearing to be held June 21, 2022.
Deferred 6PSF-j 060222
City of Newark
Page 3 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
6PSF-e 22-0586 AN ORDINANCE AUTHORIZING THE TRANSFER OF A PROJECT
(s) TO CONSTRUCT A NEW (6) STORY MIXED-USE BUILDING
CONSISTING OF (54) MARKET RATE RENTAL UNITS, (6)
AFFORDABLE HOUSING RENTAL UNITS IN ACCORDANCE WITH
CITY ORDINANCE 6PSF-B, ADOPTED ON OCTOBER 4, 2017, A
DAYCARE CENTER AND APPROXIMATELY (28) PARKING
SPACES, LOCATED ON REAL PROPERTY COMMONLY KNOWN
AS 43-53 WILLIAMS STREET, NEWARK, NEW JERSEY 07102
AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF
NEWARK, AS BLOCK 58, LOTS 8 AND 9 FROM 45 WILLIAM
URBAN RENEWAL, LLC TO 45 WILLIAM OWNER URBAN
RENEWAL, LLC AND AMENDING THE TAX ABATEMENT
GRANTED THERETO.
Public Hearing to be held June 21, 2022.
Deferred 6PSF-k 060222
6PSF-f 22-0681 AN ORDINANCE AMENDING THE REVISED GENERAL
(s) ORDINANCES OF THE CITY OF NEWARK, NEW JERSEY, 2000,
AS AMENDED AND SUPPLEMENTED, BY AMENDING TITLE XLI,
“NEWARK ZONING AND LAND USE REGULATIONS” CHAPTER
21, “INCLUSIONARY ZONING FOR AFFORDABLE HOUSING”.
Public Hearing to be held June 21, 2022.
Deferred 6PSF-l 060222
City of Newark
Page 4 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
6PSF-g 22-0709 AN ORDINANCE GRANTING A TAX EXEMPTION TO MAY
(s) NEWARK URBAN RENEWAL, LLC, FOR A MIXED-USE
DEVELOPMENT PROJECT CONSISTING OF NINE (9) PHASES
CONSISTING OF APPROXIMATELY (3,800) MARKET RATE
RESIDENTIAL UNITS, (400) AFFORDABLE HOUSING
RESIDENTIAL RENTAL UNITS AT LEAST 100,000 SQUARE FEET
CONSISTING OF A MIX OF HOSPITALITY/DESTINATION RETAIL,
OPEN TO THE PUBLIC AND OFFICE/CO-WORKING SPACE FOR
SMALL BUSINESS, ENTREPRENEURS, AND FREE-LANCERS;
PUBLICLY ACCESSIBLE GREEN SPACE; AND UP TO (3,000)
PARKING SPACES LOCATED ON PROPERTY KNOWN AS
1155-1157 MCCARTER HIGHWAY, 450-466 BROAD STREET
(REAR), 5-55 DIVISION STREET, 2-28 DIVISION STREET, 30-42
DIVISION STREET, AND 44-56 DIVISION STREET, NEWARK, NEW
JERSEY 07102 AND IDENTIFIED ON THE OFFCIAL TAX MAP OF
THE CITY OF NEWARK, AS BLOCK 9, LOTS 6 AND 9; BLOCK 26,
LOTS 1 AND 15.01; AND BLOCK 27, LOTS 1 AND 3, LOCATED IN
THE CENTRAL WARD, SUCH THAT THE OFFICIAL TAX MAP OF
THE CITY OF NEWARK HAS CHANGED TO REFLECT THE
PREVIOUSLY SHOWN PARCELS AS BLOCK 26, LOTS 1 AND
15.01; BLOCK 27, LOTS 1.01-1.03 (F/K/A BLOCK 27, LOT 1 AND
BLOCK 9, LOT 9) AND 3; AND BLOCK 9, LOT 6, AND
AUTHORIZING THE EXECUTION AND DELIVERY OF A FINANCIAL
AGREEMENT AND OTHER APPLICABLE DOCUMENTS RELATED
TO THE ISSUANCE OF REDEVELOPMENT AREA BONDS
(NON-RECOURSE TO THE FULL FAITH AND CREDIT OF THE
CITY), AUTHORIZING THE ISSUANCE OF THE REDEVELOPMENT
AREA BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO
EXCEED $18,000,000.00 AND LIMITED TO $2,000,000.00 PER
PHASE AND DETERMINING VARIOUS OTHER MATTERS IN
CONNECTION THEREWITH.
Public Hearing to be held June 21, 2022.
Deferred 6PSF-m 060222
City of Newark
Page 5 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
6PSF-h 21-0949 AN ORDINANCE AMENDING THE AMENDED AND RESTATED
(s) FINANCIAL AGREEMENT FOR THE TAX ABATEMENT GRANTED
TO THE LANTANA URBAN RENEWAL, L.P., 77 PARK STREET,
MONTCLAIR, NEW JERSEY 07042, AUTHORIZED BY ORDINANCE
6PSF-B(S) ADOPTED ON APRIL 25, 2017, PURSUANT TO THE
LONG TERM TAX EXEMPTION LAW, FOR A PROJECT LOCATED
ON REAL PROPERTY COMMONLY KNOWN AS 109-119 BROAD
STREET AND 130 NORTH 11TH STREET AND IDENTIFIED ON
THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK
523, LOTS 1, 3, 4, 5, 51, 54, 59 AND 60 AND BLOCK 1926, LOT
1.02 (CENTRAL WARD), TO CHANGE THE PROJECT TO THE
CONSTRUCTION OF (72) TOTAL UNITS COMPRISED OF (71)
AFFORDABLE HOUSING RENTAL UNITS AND (1) MANAGER
UNIT, EXTENDING THE TIMEFRAME FOR THE ENTITY TO
COMPLETE THE PROJECT ALONG WITH OTHER
MODIFICATIONS AS SET FORTH WITHIN AMENDMENT #1 TO
THE FINANCIAL AGREEMENT.
6PSF-i (s) 22-0819 AN ORDINANCE OF THE CITY OF NEWARK, AS AMENDED AND
SUPPLEMENTED, AMENDING TITLE 10, FINANCE AND
TAXATION, CHAPTER 23, FIVE-YEAR TAX EXEMPTION AND
ABATEMENT, MULTIPLE SECTIONS, RESTORING STATUTORY
AUTHORITY OF APPROVALS OF FIVE YEAR TAX EXEMPTIONS
AND ABATEMENTS TO THE ASSESSOR AND REPEALING
GRANTING OF FIVE YEAR TAX EXEMPTIONS AND ABATEMENTS
FOR MULTIPLE DWELLINGS, COMMERCIAL AND INDUSTRIAL
STRUCTURES.
City of Newark
Page 6 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
AGENDA RESOLUTION CODES PER DEPARTMENT
1 Administration
2 Economic and Housing Development
3 Engineering
4 Finance
5 Health and Community Wellness
6 Law
7 Mayor's Office
8 Municipal Council and City Clerk
9 Public Safety
10 Public Works
11 Recreation, Cultural Affairs and Senior Services
12 Water Sewer Utility
City of Newark
Page 7 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
RESOLUTIONS
7R1 Administration
7R1-a (s) 22-0842 Dept./ Agency: Administration/Office of Business Administrator
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Grant Agreement
Purpose: To provide needed funds to entities with programs focusing on
violence prevention and that have been adversely impacted by the
COVID-19 public health emergency.
1) All Stars Project of New Jersey, 543 West 42nd Street, New York, New
York, 10036;
2) Inspired By U, LLC, Newark, New Jersey 07108;
3) Newark Community Street Team, Newark, New Jersey 07108;
4) Newark Opportunity Youth Network, 571 Central Avenue, Newark, New
Jersey 07107;
5) Next Generation Project, Orange, New Jersey 07050;
6) FP YouthOutcry Foundation, Inc., a/k/a The HUBB Arts & Trauma
Center, Newark, New Jersey 07103; and
7) Urban Care, LLC, Newark, New Jersey 07102
Grant Amount: Not to exceed $850,000.00 to be allocated amongst
seven (7) entities
Funding Source: American Rescue Plan Act of 2021 - Department of
Treasury Coronavirus State and Local Fiscal Recovery Funds/Business
Unit: NW051, Dept. G21, Div./Proj. ARPU0, Activity A, Account #71280,
Budget Ref. B2021
Grant Period: To commence upon full execution of the Grant
Agreements; grant funds to be expended no later than July 31, 2023
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:
ARPA funds in an amount not to exceed $850,000.00 shall be made
available to seven (7) entities, whose work focuses on violence prevention
and have sustained adverse impact due to the COVID-19 pandemic. The
entities will use these funds towards violence prevention programs.
The Grant Funds must be fully expended twelve (12) months from full
contract execution.
City of Newark
Page 8 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
7R2 Economic and Housing Development
7R2-a (s) 21-1368 Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: To develop properties into quality affordable housing units.
Entity Name: Uplift Newark, LLC
Entity Address: Newark, New Jersey 07102
Sale Amount: $89,274.10
Cost Basis: (X) $6.00 for Vacant Lot and $10.00 for Structures PSF ( )
Negotiated ( ) N/A ( ) Other:
Assessed Amount: $334,300.00
Appraised Amount: $0.00
Contract Period: To commence within three (3) months and be
completed within eighteen (18) months following transfer of property
ownership from the City to the Redeveloper
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward)
49 Rose Terrace/Block 2624/Lot 24/South Ward
272 Goldsmith Avenue/Block 3719.04/Lot 18/South Ward
69 Richelieu Terrace/Block 4171/Lot 3/West Ward
Additional Information:
Total Price: Square Footage X PSF = 6,887.41 X $10.00 + 3,400 X $6.00
$89,274.10.
Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004,
establishing the minimum sale price of City-owned properties.
Failed 7R2-d 031622
Sponsors: Honorable James and Honorable Gonzalez
City of Newark
Page 9 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
7R2-b (s) 21-1521 Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: To redevelop the property into a multi-family home.
Entity Name: Giving It a Woman's Touch Painting, LLC
Entity Address: Newark, New Jersey 07103
Sale Amount: $15,000.00
Cost Basis: (X) $6.00 PSF ( ) Negotiated ( ) N/A ( ) Other:
Assessed Amount: $29,700.00
Appraised Amount: $0.00
Contract Period: To commence within three (3) months and be
completed within eighteen (18) months following transfer of property
ownership from the City to the Redeveloper
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward)
157 South 11th Street/Block 1825/Lot 9/West Ward
Additional Information:
Total Price: Square Footage X PSF = 2,500 X $6.00 = $15,000.00.
Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004,
establishing the minimum sale price of City-owned properties.
City of Newark
Page 10 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
7R2-c (s) 21-1747 Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: To acquire property to improve and expand existing
redeveloper owned car wash.
Entity Name: Essex Car Wash and Auto Repairs, Inc.
Entity Address: 576-578 Springfield Avenue, Newark, New Jersey
07103
Sale Amount: $15,631.20
Cost Basis: (X) $6.00 PSF ( ) Negotiated ( ) N/A ( ) Other:
Assessed Amount: $24,200.00
Appraised Amount: $0.00
Contract Period: To commence within three (3) months and be
completed within twelve (12) months following transfer of property
ownership from the City to the Redeveloper
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward)
650-652 South 13th Street/Block 316/Lot 30/South Ward
Additional Information:
Sale Price: Total Square Footage X PSF = 2,605.2 X $6.00 = $15,631.20.
Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004,
establishing the minimum sale price of City-owned properties.
City of Newark
Page 11 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
7R2-d (s) 22-0422 Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: To rehabilitate properties into three (3) multi-family homes.
Entity Name: Black Congress Enterprises, LLC
Entity Address: Newark, New Jersey 07112
Sale Amount: $85,768.40
Cost Basis: (X) $10.00 and $12.00 PSF ( ) Negotiated ( ) N/A ( )
Other:
Assessed Amount: $209,400.00
Appraised Amount: $0.00
Contract Period: To commence within three (3) months and be
completed within twelve (12) months following transfer of property
ownership from the City to the Redeveloper
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward)
485 Springfield Avenue/Block 2608/Lot 11/Central Ward
54 Parkhurst Street/Block 2822/Lot 28/East Ward
53 Park View Terrace/Block 3697Lot 1/South Ward
Additional Information:
Sale Price: Total Square Footage X PSF = 6,026.84 X $10.00 + $12.00 X
2,125.00 = $85,768.40.
Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004,
establishing the minimum sale price of City-owned properties.
City of Newark
Page 12 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
7R2-e (s) 22-0573 Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: To acquire property to rehabilitate and restore historic Forest
Hill District home.
Entity Name: 276 Delavan Holdings, LLC
Entity Address: Newark, New Jersey 07104
Sale Amount: $80,160.00
Cost Basis: (X) $12.00 PSF ( ) Negotiated ( ) N/A ( ) Other:
Assessed Amount: $63,500.00
Appraised Amount: $0.00
Contract Period: To commence within three (3) months and be
completed within twelve (12) months following transfer of property
ownership from the City to the Redeveloper
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward)
276 Delavan Avenue/Block 686/Lot 1/North Ward
Additional Information:
Total Price: Square Footage X PSF = 6,680 X $12.00 = $80,160.00.
Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004,
establishing the minimum sale price of City-owned properties.
7R2-f (s) 22-0763
Dept./ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Investigation for Area in Need of Redevelopment
Purpose: To authorize the Central Planning Board to undertake a
preliminary investigation to determine if the area is in need of
redevelopment.
List of Property:
(Address/Block/Lot/Ward)
302 Garside Street/Block 559; Lot 10.02/North Ward
300 Garside Street/Block 559/Lot 10.03/North Ward
Additional Information:
City of Newark
Page 13 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
7R2-g (s) 22-0764
Dept./ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Investigation for Area in Need of Redevelopment
Purpose: To authorize the Central Planning Board to undertake a
preliminary investigation to determine if the area is an area in need of
redevelopment.
List of Property:
(Address/Block/Lot/Ward)
824-830 South 20th Street/Block 2642/Lot 41/South Ward
Additional Information:
7R9 Public Safety
7R9-a (s) 22-0192 Dept./ Agency: Public Safety, Police Division
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Exception to Public Bidding - specific exception -
N.J.S.A. 40A:11-5(1)(dd)
Purpose: To provide Support and Maintenance of Proprietary Software.
Entity Name: Enforsys Police Systems, Inc.
Entity Address: 27 Bleeker Street, Suite 222, Millburn, New Jersey
07041
Contract Amount: Not to exceed $500,000.00
Funding Source: 2022 Budget/Department of Public Safety, Police
Division/NW011-190-1902-72220 B2022
Contract Period: January 1, 2022 through December 31, 2023 with two
(2), one (1) year options to renew
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X) N/A
Additional Information:
This contract is an exception to Public Bidding with specific exception,
pursuant to N.J.S.A.40A:11-5(1) (dd).
City of Newark
Page 14 Printed on 6/16/2022
Municipal Council Meeting Agenda June 21, 2022
COMMUNICATIONS
Received from Business Administrator Eric S. Pennington.
8.-a (s) 21-1313 AN ORDINANCE AMENDING THE FINANCIAL AGREEMENT FOR
THE TAX ABATEMENT GRANTED TO TERRELL
REDEVELOPMENT PARTNERS URBAN RENEWAL, LP, ONE
PARKER PLAZA, FORT LEE, NEW JERSEY 07024, AUTHORIZED
BY ORDINANCE 6PSF-A ADOPTED ON SEPTEMBER 22, 2020,
PURSUANT TO THE LONG TERM TAX EXEMPTION LAW, FOR A
PROJECT LOCATED ON REAL PROPERTY COMMONLY KNOWN
AS 59-97 CHAPEL STREET, (FORMERLY 35 RIVERVIEW COURT),
NEWARK, NEW JERSEY 07105, AND TO BE IDENTIFIED ON THE
OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 2442,
LOT 1.02, UPON PERFECTION OF THE CENTRAL PLANNING
BOARD’S AUGUST 17, 2020 MINOR SUBDIVISION APPROVAL,
CURRENTLY KNOWN AS BLOCK 2442, LOT 1, TO AMEND THE
TAX CREDITS FROM THE NEW JERSEY HOUSING AND
MORTGAGE FINANCE AGENCY.
8.-b (s) 22-0060 AN ORDINANCE GRANTING A TWENTY (20) YEAR TAX
ABATEMENT TO 44 IRVINE HOLDINGS URBAN RENEWAL, LP,
241 MAIN STREET, SUITE 202, HACKENSACK, NEW JERSEY
07601, FOR A PROJECT TO CONSTRUCT A MULTI-UNIT
RESIDENTIAL BUILDING CONSISTING OF APPROXIMATELY (135)
MARKET RATE RESIDENTIAL RENTAL UNITS, (20) AFFORDABLE
HOUSING RENTAL UNITS, OF WHICH (3) UNITS SHALL BE
RESTRICTED TO TENANTS AT 40% OF AREA MEDIAN INCOME,
(6) UNITS SHALL BE RESTRICTED TO TENANTS AT 60% AMI
AND (11) UNITS SHALL BE RESTRICTED TO TENANTS AT 80%
AMI, AND (117) ON-SITE PARKING SPACES LOCATED AT 28-46
IRVINE TURNER BOULEVARD AND 20-34 LIVINGSTON STREET,
NEWARK, NEW JERSEY 07103 AND IDENTIFIED ON THE
OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 2520,
LOTS 12, 14, 16, 19, 47 AND 48. (CENTRAL WARD)
ADJOURNMENT
KENNETH LOUIS
CLERK OF THE MUNICIPAL COUNCIL
NEWARK, NEW JERSEY
City of Newark
Page 15 Printed on 6/16/2022
Get email alerts for Newark
A daily email when new agendas and minutes are posted.