Title
ORDINANCE AUTHORIZING THE ADOPTION OF A REDEVELOPMENT PLAN FOR THE REAL PROPERTY LOCATED AT 921-979 DELANCY STREET AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK AS BLOCK 5074, LOT 25 (THE “PROPERTY”) AND AMENDING THE ZONING DISTRICT MAP TO REFLECT THE REZONING OF THE PROPERTY BY THE REDEVELOPMENT PLAN. (EAST WARD).
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WHEREAS, on June 15, 2005 the Municipal Council of the City of Newark (the “Municipal Council”) adopted Resolution 7RDO(A.S.) 061505 designating the entire City of Newark as an area in need of rehabilitation under the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq. (the “LRHL”); and
WHEREAS, the LRHL authorizes municipalities to adopt redevelopment plans governing areas in need of rehabilitation; and
WHEREAS, the property located at 921-979 Delancy Street and identified on the official tax map of the City of Newark as Block 5074, Lot 25 (the “Property”) is part of the area in need of rehabilitation and also is or will be included within the City’s Urban Enterprise Zone; and
WHEREAS, the City has determined that it is appropriate to prepare a redevelopment plan governing the development of the Property (the “Redevelopment Plan”); and
WHEREAS, in accordance with N.J.S.A. 40A:12A-7e, the Redevelopment Plan was referred to the Central Planning Board of the City of Newark (the “Central Planning Board”); and
WHEREAS, at a public hearing held on August 6, 2012 the Central Planning Board provided a report to the Municipal Council with its recommendations to the Redevelopment Plan; and
WHEREAS, the Municipal Council has determined that is in the best interest of the public to adopt the Redevelopment Plan, as per the recommendations of the Central Planning Board, in the form attached hereto.
NOW, THEREFORE, BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
Section 1. The Municipal Council hereby finds and determines that the Redevelopment Plan is substantially consistent wit...
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