Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Declaring an Area in Need of Redevelopment
Purpose: Designating area in need of redevelopment
List of Property:
(Address/Block/Lot/Ward)
108-112 University Avenue/34/19/Central Ward
42 James Street/34/22/Central Ward
42 James Street/34/23/Central Ward
40 James Street/34/24/Central Ward
26 James Street/34/31/Central Ward
Additional Information:
Resolution 7R2-e(s) adopted on November 27, 2018, authorized and directed the Central Planning Board to conduct a preliminary investigation.
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WHEREAS, the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq., (the "Redevelopment Law"), authorizes municipalities to determine whether certain parcels of land located therein constitute areas in need of redevelopment; and
WHEREAS, on November 27, 2018, the Municipal Council of the City of Newark (the "Municipal Council") adopted Resolution 7R2-e(s) authorizing and directing the Newark Central Planning Board (the "Planning Board") to conduct a preliminary investigation to determine whether certain properties, identified as: 108-112 University Avenue, 42- James Street, 42 James Street, 40 James Street, 26 James Street (Block 34/Lots 19, 22, 23, 24, and 31), in the Central Ward, or any portions thereof (the "Study Area"), meet the criteria set forth in the Redevelopment Law and should be designated as a Non-Condemnation Redevelopment Area, as defined by the Redevelopment Law; and
WHEREAS, the Planning Board conducted a preliminary investigation of the Study Area to determine whether the Study Area should be designated as an Area in Need of Redevelopment in accordance with the criteria and procedures set forth in N.J.S.A. 40A:12A-5 and 40A:12A-6; and
WHEREAS, a public hearing was conducted by the Planning Board on February 4, 2019, with notice having properly been given pursuant to N.J.S.A. 40A:12A-6(b)(3); and
WHEREAS,...
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