AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO NC GARDENS 2016 URBAN RENEWAL, LLC, 233 WEST MARKET STREET, NEWARK, NEW JERSEY 07103, FOR A PROJECT TO SUBSTANTIALLY RENOVATE AN EXISTING TWO HUNDRED THIRTY FIVE (235) LOW INCOME HOUSING UNITS LOCATED ON REAL PROPERTY COMMONLY KNOWN AS 204-218 SOUTH ORANGE AVENUE AND 14-38 14TH AVENUE AND IDENTIFIED ON THE CITY’S TAX MAPS AS BLOCK 243, LOT 1 AND BLOCK 248, LOT 1. (CENTRAL WARD)