Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Designating area in need of redevelopment.
Purpose: Designating Area in Need of Redevelopment
List of Property:
(Address/Block/Lot/Ward)
425-431 Chancellor Avenue/Block 3732/Lot 55/South Ward
378-380 Fabyan Place/Block 3732/Lot 59/South Ward
370-372 Fabyan Place/Block 3732/Lot 62/South Ward
344-368 Fabyan Place/Block 3732/Lots 65/Additional Lots 66, 67, 69, 70, 72, 74, 75, and 77/South Ward
Additional Information:
Resolution 7R2-v, adopted on September 8, 2022, 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 September 8, 2022, the Municipal Council adopted Resolution 7R2-v authorizing and directing the Newark Central Planning Board (the "Central Planning Board") to conduct a preliminary investigation to determine whether certain properties, identified on the Official Tax Map of the City of Newark, as 425-431 Chancellor Avenue, 378-380 Fabyan Place, 370-372 Fabyan Place, and 344-368 Fabyan Place (Block 3732, Lots 55, 59, 62, 65, 66, 67, 69, 70, 72, 74, 75, and 77) or any portion thereof (referred to as the "Study Area"), is considered an "Area in Need of Redevelopment according to the criteria set forth in N.J.S.A. 40A:12A-5 of the Redevelopment Law and should be designated as a Non-Condemnation Redevelopment Area, as defined by the Redevelopment Law; and
WHEREAS, the Central 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 and designated as a Non-Condemnation Redevelopment...
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