AN ORDINANCE GRANTING A FIVE (5) YEAR TAX ABATEMENT TO TERRELL SIMMONS, FOR A PROJECT CONSISTING OF A TWO (2) FAMILY NEW CONSTRUCTION, ON REAL PROPERTY KNOWN AS 47 N. 7TH STREET, MORE SPECIFICALLY IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 1874, LOT 22.11. (WEST WARD)