AN ORDINANCE AUTHORIZING THE MAYOR OF THE CITY OF NEWARK AND/OR HIS DESIGNEE, THE DEPUTY MAYOR/DIRECTOR OF THE DEPARTMENT OF ECONOMIC AND HOUSING DEVELOPMENT TO ENTER INTO AND EXECUTE A FIRST AMENDMENT TO THE AGREEMENT FOR THE EXCHANGE OF LAND WITH CANDIDO COUTO, WHEREIN THE CITY OF NEWARK WILL ACQUIRE REAL PROPERTY LOCATED AT 56 PALM STREET, NEWARK NEW JERSEY 07106, KNOWN AS BLOCK 4199, LOT 104, OF THE OFFICIAL TAX ASSESSMENT MAP OF THE CITY OF NEWARK AND IN EXCHANGE, THE CITY OF NEWARK WILL CONVEY CITY-OWNED PROPERTY LOCATED AT 590 5TH STREET, NEWARK, NEW JERSEY, 07107, KNOWN AS BLOCK 597, LOT 21 (NORTH WARD), AS EVEN EXCHANGE.