Title
AN ORDINANCE AMENDING AND SUPPLEMENTING THE CODE OF THE CITY OF NEWARK TO AUTHORIZE THE CREATION OF A SPECIAL IMPROVEMENT DISTRICT IN A CERTAIN AREA OF THE SOUTH WARD OF THE CITY WHICH INCLUDES AREAS ALONG BERGEN STREET, LYONS AVENUE AND CLINTON AVENUE TO BE KNOWN AS THE BLC SPECIAL IMPROVEMENT DISTRICT
Deferred 6PSF-b 040313/Public Hearing Open
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WHEREAS, the Mayor and the Municipal Council have previously created and established Special Improvement Districts (“SIDS”) in certain areas of the City of Newark (“City”); and
WHEREAS, such SIDS have been able to create and implement self-help programs carried out by designated non-profit corporations to manage the services and programs of the SIDS; and
WHEREAS, the creation of such SIDS has proven to be enormously successful in revitalizing several areas throughout the City and has been a crucial component in the City’s efforts to reverse and remedy economic and social deterioration seen in the City, expand and facilitate successful commercial activities, provide better commercial and residential environments for the various communities throughout the City, and create unique and distinctive downtown areas and environments that have significantly benefited the property owners and businesses in such SIDS and the City generally; and
WHEREAS, the City believes that a certain area of the South Ward of the City which includes areas along Bergen Street, Lyons Avenue and Clinton Avenue (the “BLC Special Improvement District” or the “District”), will likely realize similar benefits to those realized in other SIDS; and
WHEREAS, the City proposes the creation and establishment of the BLC Special Improvement District in the above areas as more particularly described in detail in Schedule A, attached hereto and made a part of this Ordinance; and
WHEREAS, a Steering Committee, comprised of the City and the City Urban Enterprise Zone staff and property owners, business owners, and residents within the District, was fo...
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