AN ORDINANCE GRANTING A TWENTY (20) YEAR TAX ABATEMENT TO 274 CENTRAL AVENUE URBAN RENEWAL LLC, 72 EAST SHERBROOKE PARKWAY, LIVINGSTON, NEW JERSEY 07039, FOR A PROJECT TO REHABILITATE AND CONVERT A VACANT AUTOMOBILE REPAIR SHOP INTO A MULTI-FAMILY RESIDENTIAL USE CONSISTING OF TWENTY- ONE (21) MARKET RATE RENTAL UNITS LOCATED AT 268-272 CENTRAL AVENUE, NEWARK, NEW JERSEY AND IDENTIFIED ON THE CITY’S TAX MAP AS BLOCK 398. LOT 1. (CENTRAL WARD)