AN ORDINANCE GRANTING A FIFTEEN (15) YEAR TAX ABATEMENT TO 50 MOUNT PROSPECT GARDENS URBAN RENEWAL LLC, OF CEDAR GROVE, NEW JERSEY 07009, FOR A PROJECT TO CONSTRUCT A FOUR (4) STORY BUILDING CONSISTING OF TWENTY-EIGHT (28) MARKET RATE RESIDENTIAL RENTAL UNITS, SEVEN (7) AFFORDABLE HOUSING UNITS IN ACCORDANCE WITH CITY’S INCLUSIONARY ZONING ORDINANCE 6PSF-B, ADOPTED ON OCTOBER 4, 2017, AND ASSOCIATED PARKING, LOCATED ON AT 905-913 MT. PROSPECT AVENUE, NEWARK, NEW JERSEY 07104 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK AS BLOCK 841, LOTS 26 AND 37. (NORTH WARD)