AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO JELLIFF SENIOR ESTATES URBAN RENEWAL, LLP, 71 LAKE AVENUE, COLONIA, NEW JERSEY 07067 FOR A PROJECT TO CONSTRUCT A NEW BUILDING CONSISTING OF FIFTY (50) SENIOR AFFORDABLE HOUSING UNITS LOCATED AT 220-224, 226-230 JELLIFF AVENUE, NEWARK, NEW JERSEY AND IDENTIFIED ON THE CITY’S TAX MAP AS BLOCK 2681, LOTS 31, 32, 34. (SOUTH WARD)