Title
AN ORDINANCE AUTHORIZING THE MAYOR OF THE CITY OF NEWARK AND/OR HIS DESIGNEE, THE DEPUTY MAYOR/DIRECTOR OF THE DEPARTMENT OF ECONOMIC AND HOUSING DEVELOPMENT, TO ACCEPT AND RECORD THE QUITCLAIM DEEDS FOR THE "REVERTED" PROPERTIES SPECIFIED IN THE SETTLEMENT AGREEMENT AND FIRST AMENDMENT TO THE REDEVELOPMENT AGREEMENT WITH A.P., LLC, 10 MECHANIC STREET, SUITE 130, RED BANK, NEW JERSEY 07701, AUTHORIZED PURSUANT TO RESOLUTION 7R2-C(S), ADOPTED ON APRIL 12, 2022.
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WHEREAS, the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1, et seq., as amended and supplemented (the "Act"), authorizes municipalities to participate in the redevelopment and improvement of areas that are in need of redevelopment or rehabilitation; and
WHEREAS, in order to stimulate the reinvigoration of the City of Newark (the "City"), by Resolution 7Rdo(AS) adopted on June 15, 2005, the entire City was designated as an area in need of rehabilitation pursuant to the Act; and
WHEREAS, on August 17, 2005, the Municipal Council then adopted Ordinance 6S&Fc(S), approving the Second Amendment to the West Ward Redevelopment Plan, and Ordinance 6S&FD(s) approving the Third Amendment to the South Ward Redevelopment Plan governing the Redevelopment of within the West Ward and South Ward (the "Redevelopment Plans"); and
WHEREAS, thereafter the City adopted Resolution 7R2-I(AS) on April 19, 2017, determining that the following properties located at 686 South 16th Street (South Ward), 93 19th Avenue (South Ward), 39 Pierce Street (South Ward), 41 Pierce Street (South Ward), 797 South 15th Street (South Ward), 189 Jelliff Avenue (South Ward), 84 West Alpine Street (South Ward), 80 Willoughby Street (South Ward), 144 Leslie Street (South Ward), 437 Jelliff Avenue (South Ward), 276-278 Renner Avenue (South Ward), 585 South 19th Street (West Ward), 319 South 18th Street (West Ward), 290 South 19th Street (West Ward), 113 South 9th Street (West Ward), 108-110 South 13th S...
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