AN ORDINANCE GRANTING A FIFTEEN (15) YEAR TAX ABATEMENT TO SPRING STREET COMMONS URBAN RENEWAL, LLC, 562 MORNINGSIDE ROAD, RIDGEWOOD, NEW JERSEY 07540 FOR A PROJECT TO DEMOLISH TWO (2) EXISTING BUILDINGS AND CONSTRUCT A NEW 99,010 SQUARE FOOT, FIVE (5) STORY MIXED USE BUILDING, THREE (3) COMMERCIAL UNITS AND EIGHTY-FOUR (84) MARKET-RATE RESIDENTIAL UNITS, ON REAL PROPERTY KNOWN AS 2-16 SPRING STREET / 73-87 CLAY STREET AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY AS BLOCK 8, LOT 9.03 (CENTRAL WARD)