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AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX EXEMPTION TO SPRUCE SENIOR CENTER URBAN RENEWAL ASSOCIATES, L.P., THE OWNER OF A RESIDENTIAL SENIOR RENTAL AFFORDABLE HOUSING PROJECT LOCATED ON PROPERTY IDENTIFIED AS PROPOSED BLOCK 2556, LOT 1.01 ON A MAP ENTITLED “AMENDED MAJOR SUBDIVISION PLAT EXISTING TAX LOTS 1, 61 AND 62 IN BLOCK 2556 PROPOSED TAX LOTS 1.01, 1.02 & 1.03 ON BLOCK 2556 SITUATED IN THE CITY OF NEWARK, ESSEX COUNTY, NEW JERSEY” PREPARED BY BIRDSALL SERVICES GROUP, INC. DATED JANUARY 31, 2012, MORE COMMONLY KNOWN AS 136-146 SPRUCE STREET. Central Ward
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AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX EXEMPTION TO SPRUCE SENIOR CENTER URBAN RENEWAL ASSOCIATES, L.P., THE OWNER OF A RESIDENTIAL SENIOR RENTAL AFFORDABLE HOUSING PROJECT LOCATED ON PROPERTY IDENTIFIED AS PROPOSED BLOCK 2556, LOT 1.01 ON A MAP ENTITLED “AMENDED MAJOR SUBDIVISION PLAT EXISTING TAX LOTS 1, 61 AND 62 IN BLOCK 2556 PROPOSED TAX LOTS 1.01, 1.02 & 1.03 ON BLOCK 2556 SITUATED IN THE CITY OF NEWARK, ESSEX COUNTY, NEW JERSEY” PREPARED BY BIRDSALL SERVICES GROUP, INC. DATED JANUARY 31, 2012, MORE COMMONLY KNOWN AS 136-146 SPRUCE STREET. Central Ward
WHEREAS, Spruce Senior Center Urban Renewal Associates, L.P., an urban renewal entity with an address of 3 East Stow Road, Marlton, New Jersey, 08053, filed an application with the Mayor seeking a long term tax exemption for the residential rental affordable housing project on land identified as Block 2556, Lot 1.01 on a map entitled “Amended Major Subdivision Plat Existing Tax Lots 1, 61, and 62 in Block 2556 Proposed Tax Lots 1.01, 1.02 & 1.03 in Block 2556 situated in the City of Newark, Essex County, New Jersey” prepared by Birdsall Services Group, Inc. dated January 31, 2012, more commonly known and identified by the street address of 136-146 Spruce Street, Newark, New Jersey 07108 (the “Property”) pursuant to the Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et. seq.; and
WHEREAS, the Mayor...
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