AN ORDINANCE (1) AMENDING ORDINANCE 6PSF-E, ADOPTED ON AUGUST 19, 2020; (2) ASSIGNING THE RIGHTS AND OBLIGATIONS UNDER A TWENTY-FIVE (25) YEAR TAX ABATEMENT FOR A PORTION OF THE PROJECT BETWEEN THE CITY AND 41 19TH AVENUE URBAN RENEWAL, LLC TO RISE REO URBAN RENEWAL, LLC; AND (3) AUTHORIZING THE EXECUTION OF A NEW FINANCIAL AGREEMENT BETWEEN THE CITY AND RISE REO URBAN RENEWAL, LLC, 61 DEANS LANE, MONMOUTH JUNCTION, NEW JERSEY 08852 IN CONNECTION WITH A REDEVELOPMENT PROJECT CONSISTING OF FORTY-TWO (42) MARKET RATE RESIDENTIAL UNITS AND CERTAIN PROPERTY WHICH THEY ARE SITUATED UPON LOCATED AT 704-708 SOUTH 17TH STREET, 701-707 SOUTH 16TH STREET, 709-717 SOUTH AND IDENTIFIED AS BLOCK 364, LOTS 1.01, 1.02, 1.03 ON THE CITY’S TAX MAP, WHICH REDEVELOPMENT PROJECT IS A PORTION OF A OF A PREVIOUSLY APPROVED REDEVELOPMENT PROJECT CURRENTLY UNDER CONSTRUCTION BY 41 19TH AVENUE URBAN RENEWAL, LLC