AN ORDINANCE GRANTING A FIVE (5) YEAR TAX ABATEMENT, TO 247 S10, LLC, FOR A PROJECT CONSISTING OF A THREE-FAMILY NEW CONSTRUCTION, ON REAL PROPERTY KNOWN AS 263 SOUTH 8TH STREET MORE SPECIFICALLY IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 1781, LOT 19. (WEST WARD)