6F-b
AN
ORDINANCE
THAT
AMENDMENT
TO SPRUCE
DIVIDEND
RATIFIES
TO ORIGINAL
PARK ASSOCIATES
EXTENDING THE TERM
UNTIL MARCH 2036 TO
THE EXTENDED
CONTRACT FOR AN
AND
AUTHORIZES
THE
SECOND
GRANTED
LIMITED
TAX ABATEMENT
UNDER
OF
THE
THE
RUN
LAW
FINANCIAL
AGREEMENT
31,
CONCURRENTLY
ASSISTANCE
WITH
HOUSING
PAYMENTS
AFFORDABLE
HOUSING PROJECT LOCATED AT 36-60 SPRUCE STREET, 37
SPRUCE STREET, 39-47 SPRUCE STREET, 59-61 SPRUCE
STREET, 55-57 SPRUCE STREET, AND DESIGNATED ON THE
OFFICIAL TAX MAP OF THE CITY OF NEWARK AS BLOCK 122
LOT 64, BLOCK 123, LOT 29, BLOCK 123, LOT 23, BLOCK 123,
LOT 16, AND BLOCK 123 LOT 17 (FORMERLY KNOWN AS
39-41, 43, 45-47, 55-57, 59-61, 36, 38, 40, 42, 44, 46, 48-50, 52,
54, 56, 58, AND 60 SPRUCE STREET, AND 27-29 LONGWORTH
STREET, BLOCK 123, LOTS 16, 17, 18, 23, 25 AND 27 AND
BLOCK 122, LOTS 50, 51, 52, 53, 54, 55, 56, 58, 59, 60, 62, 64, 17
AND 18).
A motion was made by the Council of the Whole to Adopt on First Reading.
The motion was adopted by the following votes:
8 -
Yes:
Amina Bey, Patrick O. Council, Dupré L. Kelly, Luis A. Quintana, Anibal
Ramos Jr., Louise Scott-Rountree, Michael J. Silva, and C. Lawrence
Crump
1 - Carlos M. Gonzalez
Absent:
6F-c
AN
ORDINANCE
AUTHORIZING
THE
MAYOR/DIRECTOR
AND HOUSING
MAYOR,
AND/OR
OF
HIS
DESIGNEE,
DEPARTMENT
TO ENTER
BERGEN
REDEVELOPMENT
THE
DEPUTY
THE
OF
ECONOMIC
DEVELOPMENT
AGREEMENT WITH
INTO
AND
PARTNERS,
OF THE
EXECUTE
LLC
CITY
AN
STREET
FOR
THE
SALE
AND
OF
NEWARK
PROPERTY
IDENTIFIED ON THE CITY OF NEWARK TAX MAP AS BLOCK
3665, LOTS 1, 2, 3. 4, 5 AND 6 FOR THE AMOUNT OF THREE
HUNDRED
SIXTEEN
THOUSAND
EIGHT
HUNDRED
DOLLARS
AND ZERO CENTS.
A motion was made by Council, seconded by Kelly to Adopt on First Reading.
The motion was adopted by the following votes:
8 -
Yes:
Amina Bey, Patrick O. Council, Dupré L. Kelly, Luis A. Quintana, Anibal
Ramos Jr., Louise Scott-Rountree, Michael J. Silva, and C. Lawrence
Crump
1 - Carlos M. Gonzalez
Absent: