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[AN ORDINANCE REINSTATING THE NEWARK PLAZA N.J.R-58 URBAN RENEWAL PLAN OF THE CITY OF NEWARK AS APPLIED TO PROPERTIES DESIGNATED AS BLOCK 128, LOT 1.01; BLOCK 128.01, LOT 1.03; BLOCK 130, LOTS 1 and 12; BLOCK 133, LOT 1; BLOCK 134, LOT 10; AND BLOCK 136, LOTS 63.01, 63.02 AND 63.03 ("PROPERTY") ON THE TAX MAPS OF THE CITY OF NEWARK AND REAFFIRMING APPLICATION OF THE DEVELOPMENT REGULATIONS SET FORTH IN THE URBAN RENEWAL PLAN TO THE PROPERTY]
BodyWHEREAS, through the adoption of Resolution 7RT, adopted on July 10, 1961; Resolution 7RBO, adopted on February 16, 1977; and Resolution 7RBY, adopted on November 6, 1991, the Municipal Council of the City of Newark ("Municipal Council") declared certain areas and properties within the City of Newark to be blighted under the Urban Renewal Law, N.J.S.A. 40:55C-41.1 et seq. which was the predecessor to the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq.;
WHEREAS, the properties declared blighted, included but were not limited to, the properties designated as Block 128, Lot 1.01; Block 128.01, Lot 1.03; Block 130, Lots 1 and 12; Block 133, Lot 1; Block 134, Lot 10; and Blocks 136, Lots 63.01, 63.02 and 63.03 on the current Tax Maps of the City of Newark (collectively referred to as the "Property"); and
WHEREAS, in furtherance of the blight designation, the Municipal Council adopted the N.J.R-58 Urban Renewal Plan for the Newark Plaza Project Area by Resolution 7RH on October 16, 1963, which was last amended by the Council on August 5, 1992 by Ordinance 6S&FC, and a copy of which is attached hereto as Exhibit A ("Urban Renewal Plan"); and
WHEREAS, throughout the years properties located in the blighted area were developed in accordance with the development standards set forth in the Urban Renewal Plan including, Block 136, Lot 63.03 which has a street address of One Riverfront Plaza, commonly referred to as the Newark Legal Center; Block 136, Lot 63.02 commonly referred to as Two Ri...
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