AN ORDINANCE GRANTING A TWENTY (20) YEAR TAX ABATEMENT TO BOCER ASSOCIATES URBAN RENEWAL, LLC, 300 WILSON AVENUE, NEWARK, NEW JERSEY 07105, FOR A PROJECT TO CONSTRUCT A FIVE (5) STORY BUILDING CONSISTING OF THIRTY-FIVE (35) MARKET RATE RESIDENTIAL UNITS, A PRE-SCHOOL / DAY CARE AND APPROXIMATELY FIFTY (50) PARKING SPACES ON REAL PROPERTY KNOWN AS 360 NEW YORK AVENUE, 54-62 HOUSTON STREET AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY AS BLOCK 996, LOTS 1, 2, 3 AND 60 (East Ward). Sponsors: Chaneyfield Jenkins/ Ramos