Title
ORDINANCE GRANTING FIVE (5) YEARS OF TAX ABATEMENT TO THE OWNER(S) OF THE QUALIFIED RESIDENTIAL STRUCTURE, FOR PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF CERTIFICATE OF OCCUPANCY AND EXPIRING FIVE (5) YEARS THEREAFTER.
96 Ann St.,, Block 1003, Lot 15 (East Ward)]
Name of Owner: Ricardo & Sandra Oliveira - Architect's Certification - $190,000.00
SILOT $3,800.00- Purchase Price - $179,900.00 - 2 Family
Architect - Daniel A. Roma- Contractor - Aguias Carpentry
Certificate of Occupancy, issued on November 20, 2011
Additional Information:
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AN ORDINANCE GRANTING FIVE (5) YEARS OF TAX ABATEMENT TO THE OWNER(S) OF THE QUALIFIED RESIDENTIAL STRUCTURE, MORE SPECIFICALLY IDENTIFIED ON THE OFFICIAL TAX MAP AS BLOCK 1003, LOT 15 AND MORE COMMONLY KNOWN AS 96 ANN STREET, FOR THE PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF THE CERTIFICATE OF OCCUPANCY WHICH IS NOVEMBER 20, 2011 AND EXPIRING FIVE (5) YEARS THEREAFTER.
WHEREAS, Ricardo & Sandra Oliveira filed a timely application with the City of Newark requesting a five (5) year tax abatement on the residential property located at 96 Ann Street, also known as Block 1003, Lot 15, on the Official Tax Map for the City of Newark; and
WHEREAS, Ricardo & Sandra Oliveira has/have requested that the City of Newark grant a tax abatement pursuant to N.J.S.A. 54:4-3.139 et seq. and the Revised Ordinances of the City of Newark (R.O. 10:26-1 et seq., as amended) which provides for a five (5) year tax abatement for new residential construction in order to reduce the substantially high tax burdens and to stabilize and maintain the viability of the neighborhood; and
WHEREAS, Ricardo & Sandra Oliveira has/have provided the City of Newark with the necessary Architect's Certification and Certificate of Occupancy; and
WHEREAS, Ricardo & Sandra Oliveira has/have satisfied the City of Newark requirements regarding ownership of the aforementioned residential property and is/are eligi...
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