AN ORDINANCE GRANTING A TWENTY-THREE (23) YEAR TAX ABATEMENT TO 98 FRELINGHUYSEN REAL ESTATE URBAN RENEWAL ENTITY, LLC, 56 NEW HOOK ROAD, SUITE 2F, BAYONNE, NEW JERSEY 07002, FOR A PROJECT TO DELIVER A SITE PAD AND CONSTRUCT A ONE HUNDRED TEN (110) ROOM HOTEL ABOVE THE EXISTING PARKING GARAGE LOCATED AT 94-120 FRELINGHUYSEN AVENUE, NEWARK, NEW JERSEY, ALSO KNOWN AS 98 FRELINGHUYSEN AVENUE, NEWARK, NEW JERSEY AND IDENTIFIED ON THE CITY’S TAX MAP AS BLOCK 2780, LOT 1. Deferred 6PSF-d 032019 Deferred 6PSF-a (s) 032619