AN ORDINANCE GRANTING FIVE (5) YEARS OF TAX ABATEMENT AND/OR EXEMPTION, FOR A PROJECT CONSISTING OF A THREE-FAMILY NEW CONSTRUCTION, ON REAL PROPERTY KNOWN AS 309-311 IRVINE TURNER BOULEVARD, MORE SPECIFICALLY IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 2666, LOT 1.06. (SOUTH WARD).