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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 ENTER INTO AND EXECUTE THE FIRST AMENDED AGREEMENT FOR THE SALE AND REDEVELOPMENT OF LAND BY AND BETWEEN THE CITY OF NEWARK AND DAVIDSON ABRAHAM AND ASSOCIATES, LLC AND MOUNT HOPE HOUSING COMPANY, INC., FOR THE PRIVATE SALE OF PROPERTY LOCATED AT 209-211 IRVINE TURNER BOULEVARD, 213-217 IRVINE TURNER BOULEVARD, AND 219 IRVINE TURNER BOULEVARD, NEWARK, NEW JERSEY 07108, AS IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 2567, LOTS 35, 31, 32, 33 AND 30 (CENTRAL WARD).
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WHEREAS, pursuant to N.J.S.A. 40A:12A-1 et seq., and the Central Ward Redevelopment Plan adopted by Ordinance 6S&Fe(S) on August 17, 2005, on November 14, 2022, the Municipal Council adopted Ordinance 6PSF-f (the "Original Ordinance"), authorizing the private sale of Block 2567, Lot 35, commonly known as 209-211 Irvine Turner Boulevard (the "Property"), to Davidson Abraham and Associates and Mount Hope Management (the "Redeveloper") and the execution of an Agreement for the Sale of Land and Redevelopment to memorialize the terms and conditions of the private sale and redevelopment of the Property as a six (6) story mixed-use building, consisting of fifty-eight (58) apartments, two (2) retail commercial spaces consisting of 2,118 square feet and 824 square feet, a police precinct, residential lobby, community facility lobby , and twenty-seven (27) parking spaces for the police precinct (the "Project") (the "Original Redevelopment Agreement"); and
WHEREAS, on or about March 22, 2023, the City of Newark (the "City") and Redeveloper fully executed the Original Redevelopment Agreement; and
WHEREAS, it was subsequently brought to the City's attention that Block 2567, Lots 31, 32, 33, and 30, commonly known as 213-217 Irvine Turner Boulevard and 219 Irvine Turner Bouleva...
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