AN ORDINANCE AUTHORIZING THE MAYOR OF THE CITY OF NEWARK, AND/OR HIS DESIGNEE, THE DEPUTY MAYOR/DIRECTOR OF THE DEPARTMENT OF ECONOMIC AND HOUSING DEVELOPMENT TO EXERCISE ITS RIGHT OF REVERTER IN CONNECTION WITH THE PROPERTY COMMONLY KNOWN AS, 204 PESHINE AVENUE AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 2690, LOT 55, PURSUANT TO THE REDEVELOPMENT AGREEMENT FOR THE CITY OF NEWARK VALENTINE’S DAY LAND SALE.