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 8 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 8, MORE COMMONLY KNOWN AS 17 GREEK WAY, NEWARK, NEW JERSERY 07102. (CENTRAL WARD)