Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Declaring an Area in Need of Redevelopment
Purpose: Designating Area in Need of Redevelopment.
List of Property:
(Address/Block/Lot/Ward)
17-25 Academy Street/Block 53/Lot 4/Central Ward
27 Academy Street/Block 53/Lot 9/Central Ward
29-31 Academy Street/Block 53/Lot 11/Central Ward
Additional Information:
Resolution 7R2-m, adopted on January 8, 2025, authorized and directed the Central Planning Board to conduct a preliminary investigation
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WHEREAS, the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq., (the "Redevelopment Law"), authorizes municipalities to determine whether certain parcels of land located therein constitute areas in need of redevelopment; and
WHEREAS, on January 8, 2025, the Newark Municipal Council ("Municipal Council") adopted Resolution 7R2-m, authorizing and directing the Newark Central Planning Board (the "Central Planning Board") to conduct a preliminary investigation to determine whether certain property, identified on the Official Tax Map of the City of Newark as 17-25 Academy Street (Block 53, Lot 4), 27 Academy Street (Block 53, Lot 9), and 29-31 Academy Street (Block 53, Lot 11), or any portion thereof (referred to as the "Study Area"), is considered an "area in need of redevelopment" according to the criteria set forth in N.J.S.A. 40A:12-5 of the Redevelopment Law and should be designated as a Non-Condemnation Redevelopment Area, as defined by the Redevelopment Law; and
WHEREAS, the Central Planning Board conducted a preliminary investigation of the Study Area to determine whether the Study Area should be designated as an Area in Need of Redevelopment and designated a Non-Condemnation Area in Need of Redevelopment in accordance with the criteria and procedures set forth in N.J.S.A. 40A:12A-5 and 40A:12A-6; and
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