ORDINANCE GRANTING A FIVE (5) YEAR TAX ABATEMENT TO BERNARD POWELL, FOR THE RESIDENTIAL PROPERTY LOCATED AT 157-159 BELLAIR PLACE, NEWARK, NEW JERSEY 07104, BLOCK 858, LOT 50.25, FOR A PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF CERTIFICATE OF OCCUPANCY AND EXPIRING FIVE (5) YEARS THEREAFTER, PURSUANT TO N.J.S.A. 54:4-3.139 ET SEQ. AND THE REVISED GENERAL ORDINANCES OF THE CITY OF NEWARK, NEW JERSEY, 2000 AS AMENDED AND SUPPLEMENTED (R.O. 10:26-1 ET SEQ., AS AMENDED). (NORTH WARD)