Title
AN ORDINANCE REINSTATING AND AMENDING THE WAVERLY YARDS REDEVELOPMENT PLAN OF THE CITY OF NEWARK ("REDEVELOPMENT PLAN") AS APPLIED TO BLOCK 5088, LOTS 126.01, 131, 138, 169 AND BLOCK 5090, LOTS 1.01 AND 1.05 ("PROPERTY") AND REAFFIRMING APPLICATION OF THE DEVELOPMENT REGULATIONS SET FORTH IN THE REDEVELOPMENT PLAN TO THE PROPERTY AS AMENDED HEREIN.
Sponsors: James/ Ramos
Deferred 6PSF-g 090816
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WHEREAS, through the adoption of Resolution 7RBb on February 19, 1986, 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.; and
WHEREAS, the properties declared blighted, included, but were not limited to, the properties designated as Block 5088, Lots 126.01, 131, 138 and 169; and Block 5090, Lots 1.01 and 1.05 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 Waverly Yards Redevelopment Plan for portions the blighted area by Municipal Council Ordinance 6S&Fa(S-1) March 10, 1989; and as amended by Municipal Council Ordinance 6S&Fd May 17, 1989, and Municipal Council Ordinance 6PSF-a January 24, 2012 (collectively the "Redevelopment Plan"); and
WHEREAS, on February 13, 2002, the Municipal Council adopted Resolution 7Ra(S) declaring the entire City as an area in need of rehabilitation; and
WHEREAS, the Municipal Council has determined and seeks to reaffirm that the Property continues to remain an area in need of redevelopment pursuant to N.J.S.A. 40A:12A-5 and an area in need of rehabilitation pursuant to N.J.S.A. 40A:12A-6; and
WHEREAS, on February 4, 2015, the Municipal Council adopted an Ordinance entitled, "Ordinance Repealing Title 40 of the Municipal Code of the Ci...
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