AN ORDINANCE GRANTING A FIVE (5) YEAR TAX ABATEMENT/ EXEMPTION TO MANUEL S. FERNANDEZ-ZHUZHINGO AND JACQUELINE J. HUAMANI-TAPIA FROM TAXATION ON LAND AND/OR IMPROVEMENTS, FOR A PROJECT CONSISTING OF A NEW TWO (2) FAMILY CONSTRUCTION, ON REAL PROPERTY KNOWN AS 487 DELAVAN AVENUE, MORE SPECIFICALLY IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 702, LOT 5. (NORTH WARD)