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.
208-210 Jelliff Ave., Block 2681 and Lot 40.05 (South Ward)]
Name of Owner: Kevin Bryan & Neville Nunes- Architect's Certification - $ $170,000.00
SILOT $3,400.00- Purchase Price - $369,000.00 - 3 Family new construction
Architect - Joseph R. Asfour- Contractor - European Construction Prof., LLC
Certificate of Occupancy: December 13, 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 2681, LOT 40.05 AND MORE COMMONLY KNOWN AS 208-210 JELLIFF AVENUE, FOR THE PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF THE CERTIFICATE OF OCCUPANCY WHICH IS DECEMBER 13, 2011 AND EXPIRING FIVE (5) YEARS THEREAFTER.
WHEREAS, Kevin Bryan & Neville Nunes, filed a timely application with the City of Newark requesting a five (5) year tax abatement on the residential property located at 208-210 Jelliff Avenue, also known as Block 2681, Lot 40.05, on the Official Tax Map for the City of Newark; and
WHEREAS, Kevin Bryan & Neville Nunes 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, Kevin Bryan & Neville Nunes has/have provided the City of Newark with the necessary Architect's Certification and Certificate of Occupancy; and
WHEREAS, Kevin Bryan & Neville Nunes has/have satisfied the City of Newark requirements ...
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