City of Newark - File #: 13-1043

• File #: 13-1043
• Version: 2
• Name: ADDED STARTER: Essex Plaza II Urban Renewal Company LLC (Thirty (30) Year Tax Abatement)
• Type: Ordinance
• Status: Adopted
• File created: 5/24/2013
• In control: Economic and Housing Development
• On agenda: 7/11/2013
• Final action: 12/18/2013
• Title: AN ORDINANCE CANCELING THE LONG TERM TAX ABATEMENT GRANTED TO ESSEX PLAZA ASSOCIATES BY RESOLUTION 7RBF, JANUARY 21, 1981 UNDER THE LIMITED DIVIDEND LAW FOR AN AFFORDABLE HOUSING PROJECT ON THE PROPERTIES LOCATED AT 15-31 PENNINGTON STREET (BLOCK 893, LOTS 4 AND 6), 31-37 TICHENOR STREET (BLOCK 895, LOTS 44, 46 AND 48), 58-68 ORCHARD STREET (BLOCK 884, LOTS 1, 3, 4, 5, 6 AND 31; BLOCK 885, LOTS 41, 42 AND 43), 11 PENNINGTON STREET (BLOCK 893, LOT 2), 13 PENNINGTON STREET (BLOCK 893, LOT 3), 1078 1/2 BROAD STREET (BLOCK 893, LOT 38), 1080 BROAD STREET (BLOCK 893, LOT 38), 1080 1/2 BROAD STREET (BLOCK 893, LOT 36), 1082 BROAD STREET (BLOCK 893, LOT 34), 81 LINCOLN PARK (BLOCK 2826, LOT 24), AND 83 LINCOLN PARK (BLOCK 2826, LOT 25) AND GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO ESSEX PLAZA II URBAN RENEWAL, LLC FOR THE REHABILITATION OF A RESIDENTIAL RENTAL AFFORDABLE HOUSING PROJECT ON THE ABOVE LISTED PROPERTIES. (EAST WARD) Deferred 6PSF-f 080713/Public Hearing Open Deferred 6PSF-d...

Date	Ver.	Action By	Action	Result
12/18/2013	2	Municipal Council	Close on Public Hearing and Adopt	Pass
12/4/2013	2	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
11/18/2013	2	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
11/7/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
10/29/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
10/23/2013	1	Municipal Council	No Action Taken
10/17/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
10/10/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
10/2/2013	1	Municipal Council	No Action Taken
9/24/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
9/18/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
9/5/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
8/7/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
7/23/2013	1	Municipal Council	Maintained on Public Hearing and Deferred to Special Meeting	Pass
7/11/2013	1	Municipal Council	Advance to First Reading	Pass
7/11/2013	1	Municipal Council	Advance and Adopt on First Reading as 6F-	Pass

Title
AN ORDINANCE CANCELING THE LONG TERM TAX ABATEMENT GRANTED TO ESSEX PLAZA ASSOCIATES BY RESOLUTION 7RBF, JANUARY 21, 1981 UNDER THE LIMITED DIVIDEND LAW FOR AN AFFORDABLE HOUSING PROJECT ON THE PROPERTIES LOCATED AT 15-31 PENNINGTON STREET (BLOCK 893, LOTS 4 AND 6), 31-37 TICHENOR STREET (BLOCK 895, LOTS 44, 46 AND 48), 58-68 ORCHARD STREET (BLOCK 884, LOTS 1, 3, 4, 5, 6 AND 31; BLOCK 885, LOTS 41, 42 AND 43), 11 PENNINGTON STREET (BLOCK 893, LOT 2), 13 PENNINGTON STREET (BLOCK 893, LOT 3), 1078 1/2 BROAD STREET (BLOCK 893, LOT 38), 1080 BROAD STREET (BLOCK 893, LOT 38), 1080 1/2 BROAD STREET (BLOCK 893, LOT 36), 1082 BROAD STREET (BLOCK 893, LOT 34), 81 LINCOLN PARK (BLOCK 2826, LOT 24), AND 83 LINCOLN PARK (BLOCK 2826, LOT 25) AND GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO ESSEX PLAZA II URBAN RENEWAL, LLC FOR THE REHABILITATION OF A RESIDENTIAL RENTAL AFFORDABLE HOUSING PROJECT ON THE ABOVE LISTED PROPERTIES. (EAST WARD)
Deferred 6PSF-f 080713/Public Hearing Open
Deferred 6PSF-d 090513/Public Hearing Open
Deferred 6PSF-a 091813/Public Hearing Open
Deferred 6PSF-h 092413/Public Hearing Open
No Action Taken 6PSF-h 100213/Public Hearing Open
Deferred 6PSF-g 101013/Public Hearing Open
No Action Taken 6PSF-f 102313/Public Hearing Open
Deferred 6PSF-f 102913/Public Hearing Open
Deferred 6PSF-f 110713/Public Hearing Open
Deferred 6PSF-c 111813/Public Hearing Open
Deferred 6PSF-b 120413/Public Hearing Open

Body
WHEREAS, on January 21, 1981 the Municipal Council of the City of Newark (the "Municipal Council") adopted Resolution 7RBF granting a Long Term Tax Abatement to Essex Plaza Associates for a fifty (50) year term for the construction of an affordable housing project on the properties referenced herein in accordance with the provisions of the Limited Dividend Non-Profit Housing Corporations or Associations Law, N.J.S.A. 55:16-1 et seq. (the "Limited Dividend Law"); and

WHEREAS, the affordable housing project on the properties ...