AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO CHERRY PARK URBAN RENEWAL COMPANY LLC, 480 NORTH 4TH STREET, NEWARK, NEW JERSEY 07107, THE OWNER OF A RESIDENTIAL RENTAL PROJECT LOCATED ON PROPERTY LOCATED AT 144-178 SYLVAN AVENUE AND IDENTIFIED ON THE OFFICIAL TAX MAP AS BLOCK 839.01, LOT 32 (NORTH WARD)