AN ORDINANCE GRANTING A TWENTY (20) YEAR TAX ABATEMENT TO SPG 2013 MCCARTER HWY URBAN RENEWAL, LLC, ONE TOWER BRIDGE, 100 FRONT STREET, SUITE 350, WEST CONSHOHOCKEN, PENNSYLVANIA 19428, FOR A PROJECT TO CONSTRUCT A WAREHOUSE DISTRIBUTION CENTER CONSISTING OF APPROXIMATELY 178,200 SQUARE FEET OF WAREHOUSE SPACE WITH APPROXIMATELY (37) LOADING DOCKS, APPURTENANT DRIVEWAYS, AND SURFACE CAR PARKING LOCATED AT 2013 MCCARTER HIGHWAY, NEWARK, NEW JERSEY 07104 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 825, LOTS 1, 16, 20, 25 AND 30 (NORTH WARD).