AN ORDINANCE GRANTING A TWENTY (20) YEAR TAX ABATEMENT TO IPT NEWARK AIRPORT LOGISTICS CENTER URBAN RENEWAL, LLC, 518 17TH STREET, #1700, DENVER, COLORADO 80202, FOR A PROJECT TO CONSTRUCT A WAREHOUSE DISTRIBUTION CENTER CONSISTING OF APPROXIMATELY 90,255 SQUARE FEET OF WAREHOUSE SPACE, 10,028 SQUARE FEET OF OFFICE SPACE AND ASSOCIATED PARKING LOCATED AT 350-406 ROUTE 1 & 9, NEWARK, NEW JERSEY 07114 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 5090, LOT 36 (SOUTH WARD).