File #: 12-1698    Version: 1 Name: Tax Abatement 134 Manchester PL. B858 L50.10
Type: Ordinance Status: Adopted
File created: 7/30/2012 In control: Finance
On agenda: 10/3/2012 Final action: 11/8/2012
Title: ORDINANCE GRANTING FIVE (5) YEARS OF TAX ABATEMENT TO THE OWNER OF THE QUALIFIED RESIDENTIAL STRUCTURE, FOR PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF CERTIFICATE OF OCCUPANCY AND EXPIRING FIVE (5) YEARS THEREAFTER. 134 Manchester Place, Block 858 ,Lot 50.10, North WardName of Owner: Amaury & Sandra Mirabal - Architect's Certification - $178,000.00 SILOT $3,560.00- Purchase Price - $475,000.00 - 3 Family New Construction Architect - Joseph R. Asfour- Contractor - ASC General Contractors Certificate of Occupancy: June 7, 2012
Title
ORDINANCE GRANTING FIVE (5) YEARS OF TAX ABATEMENT TO THE OWNER OF THE QUALIFIED RESIDENTIAL STRUCTURE, FOR PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF CERTIFICATE OF OCCUPANCY AND EXPIRING FIVE (5) YEARS THEREAFTER.

134 Manchester Place, Block 858 ,Lot 50.10, North WardName of Owner: Amaury & Sandra Mirabal - Architect's Certification - $178,000.00
SILOT $3,560.00- Purchase Price - $475,000.00 - 3 Family New Construction
Architect - Joseph R. Asfour- Contractor - ASC General Contractors
Certificate of Occupancy: June 7, 2012

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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 858, LOT 50.10 AND MORE COMMONLY KNOWN AS 134 MANCHESTER PLACE, FOR THE PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF THE CERTIFICATE OF OCCUPANCY WHICH IS JUNE 7, 2012 AND EXPIRING FIVE (5) YEARS THEREAFTER.

WHEREAS, Amaury & Sandra Mirabal, filed a timely application with the City of Newark requesting a five (5) year tax abatement on the residential property located at 134 Manchester Place, also known as Block 858, Lot 50.10, on the Official Tax Map for the City of Newark; and

WHEREAS, Amaury & Sandra Mirabal, 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, Amaury & Sandra Mirabal, has/have provided the City of Newark with the necessary Architect's Certification and Certificate of Occupancy; and

WHEREAS, Amaury & Sandra Mirabal, has/have satisfied the City of Newark requirements regarding ownership of the aforementioned residential property and is/are eligib...

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