All Legislation
Ordinance25-1304Adopted
AN ORDINANCE AUTHORIZING FIRST AMENDMENT TO ORIGINAL TAX ABATEMENT GRANTED TO CATHEDRAL PARK ASSOCIATES, LP UNDER THE LIMITED DIVIDEND LAW TO EXTEND THE TERM OF THE FINANCIAL AGREEMENT UNTIL AUGUST 31, 2043 TO COINCIDE WITH THE EXPIRATION DATE OF THE HOUSING ASSISTANCE PAYMENT RENEWAL CONTRACT FOR AN AFFORDABLE HOUSING PROJECT LOCATED AT 147-153 CLIFTON AVENUE AND 88-92 MT PROSPECT AVENUE, AND DESIGNATED AS BLOCK 491, LOT 54 ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK.
Progress
✓
Introduced
Sep 29, 2025
✓
In Committee
Jan 21, 2026
✓
Passed
Feb 18, 2026
4
Enacted