AN ORDINANCE GRANTING A TWENTY (20) YEAR TAX ABATEMENT TO 446 ITB URBAN RENEWAL, LLC, 395 FRANKLIN STREET, BLOOMFIELD, NEW JERSEY 07003, FOR A PROJECT TO REHABILITATE A VACANT BUILDING AND CONSTRUCT APPROXIMATELY TWENTY-NINE (29) MARKET RATE RENTAL UNITS AND TWENTY-FIVE (25) PARKING SPACES, LOCATED AT 446-450 IRVINE TURNER BOULEVARD AND 140-142 RIDGEWOOD AVENUE, NEWARK, NEW JERSEY 07108 AND IDENTIFIED ON THE OFFICAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 2693, LOTS 22, 36 AND 37. (SOUTH WARD) No Action Taken 6PSF-u (s) 081721 DEFERRED 6PSF-u (s) 081921