AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT, PURSUANT TO THE LONG TERM TAX EXEMPTION LAW N.J.S.A. 40A:20-1 ET SEQ., TO NJIT WARREN LOT 7 URBAN RENEWAL LLC, THE OWNER OF A RESIDENTIAL AFFORDABLE HOUSING PROJECT LOCATED ON PROPERTY IDENTIFIED ON THE OFFICIAL TAX MAP AS BLOCK 389.01, LOT 7, MORE COMMONLY KNOWN AS 15 GREEK WAY, NEWARK< NEW JERSEY 07102. (CENTRAL WARD)