All Legislation
Ordinance23-0925Adopted

AN ORDINANCE AMENDING THE TAX ABATEMENT GRANTED TO 40 CLINTON URBAN RENEWAL, LLC, C/O PARAMOUNT ASSETS, LLC, 45 ACADEMY STREET, 5TH FLOOR, NEWARK, NEW JERSEY 07102, PURSUANT TO ORDINANCE 6PSF-M ADOPTED ON MAY 19, 2021, FOR A PROJECT TO REHABILITATE AN EXISTING BUILDING AND CREATE (27) MARKET-RATE RESIDENTIAL RENTAL UNITS LOCATED AT 38-40 CLINTON STREET, NEWARK, NEW JERSEY 07102 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 145, LOT 62.01 (CENTRAL WARD), TO CORRECT THE MINIMUM ANNUAL SERVICE CHARGE IN THE FINANCIAL AGREEMENT. Deferred 6PSF-b 090524

Progress

Introduced

Jun 2, 2023

In Committee

Jul 10, 2024

Passed

Sep 17, 2024

4

Enacted