AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO MAR NHA WSV PHASE 1, LLC, 921 ELIZABETH AVENUE, 5TH FLOOR, ELIZABETH, NEW JERSEY 07201, FOR A PROJECT TO CONSTRUCT A NEW BUILDING WITH A TOTAL OF (86) SENIOR RESIDENTIAL RENTAL UNITS RESERVED FOR HOUSEHOLDS WITH INCOMES OF 60% AMIOR LESS, AND (1) SUPERINTENDENT UNIT LOCATED ON REAL PROPERTY COMMONLY KNOWN AS 530-570 SOUTH 13TH STREET, NEWARK, NEW JERSEY 07103 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWRK, AS BLOCK 310, LOT 1, WHICH PROPERTY IS IN THE PROCESS OF BEING SUB-DIVIDED AND SHALL BE IDENTIFIED AS BLOCK 310, LOT 1.01 (CENTRAL WARD).