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AN ORDINANCE ADOPTING THE THIRD AMENDMENT TO "THE NEWARK LIVING DOWNTOWN REDEVELOPMENT PLAN"
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WHEREAS, pursuant to the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq., (LRHL) on June 15, 2005, Resolution 7RDO(AS) designated the entire City of Newark as an area in need of rehabilitation; and
WHEREAS, the LRHL authorizes municipalities to adopt redevelopment plans in order to implement and establish standards for the rehabilitation of all or of any part of a rehabilitation area; and
WHEREAS, the Newark Living Downtown Redevelopment Plan was adopted by the Newark Municipal Council on September 3, 2008 by Ordinance 6S&FG; and
WHEREAS, the Newark Living Downtown Redevelopment Plan was amended twice since initial passage by the Newark Municipal Council including the First Amendment by Ordinance 6PSF-a(S), adopted on June 30, 2010, and the Second Amendment by Ordinance 6PSF-a(S), adopted on September 21, 2010; and
WHEREAS, due to errors that have been identified since the passage of the Newark Living Downtown Redevelopment Plan, the Municipal Council adopted Resolution 7R3-A on February 18, 2015 referring the required amendment to the Newark Living Downtown Redevelopment Plan to the Newark Central Planning Board to adopt a resolution to determine if such an amendment is consistent with the City's master plan and for recommendations pursuant to N.J.S.A. 40A:12A-7; and
WHEREAS, after a public hearing on March 9, 2015, the Central Planning Board adopted a resolution recommending the adoption of the Third Amendment to the Newark Living Downtown Redevelopment Plan in the form attached hereto as Exhibit A as it conforms to and is consistent with the overall goals and objectives set forth in the Master Plan of the City of Newark.
NOW, THEREFORE, BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
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