AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO 1098 BROAD STREET URBAN RENEWAL COMPANY, LLC, 27 AUSTIN STREET, NEWARK, NEW JERSEY 07114 FOR A PROJECT TO CONSTRUCT A NEW FIVE (5) STORY BUILDING WITH A TOTAL OF THIRTY-FIVE (35) NEW MARKET RATE RESIDENTIAL RENTAL UNITS, 750 SQUARE FEET OF COMMERCIAL SPACE, AND SEVENTEEN (17) PARKING SPACES LOCATED AT 1098-1102 BROAD STREET, NEWARK, NEW JERSEY AND IDENTIFIED ON THE CITY’S TAX MAP AS BLOCK 898, LOT 4, (EAST WARD)