AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO 77 UNIVERSITY URBAN RENEWAL, LLC, 87 HALSEY STREET, NEWARK, NEW JERSEY 07102, FOR A PROJECT TO CONSTRUCT A NEW (6) STORY MULTI-FAMILY BUILDING CONSISTING OF (107) MARKET RATE RESIDENTIAL RENTAL UNITS, (27) AFFORDABLE HOUSING RENTAL UNITS RESTRICTED TO TENANTS AT 50% OF AREA MEDIAN INCOME, OFF-STREET PARKING, RELATED AMENITIES AND A GROUND FLOOR CHARITABLE FACILITY ON PROPERTY LOCATED AT 65-81 UNIVERSITY AVENUE AND 28-44 EAGLES STREET, NEWARK, NEW JERSEY 07102 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 45, LOTS 21, 45, 47 AND 52.