AN ORDINANCE AUTHORIZING AMENDMENT TWO (2) TO THE FINANCIAL AGREEMENT FOR THE TAX ABATEMENT GRANTED TO TERRELL REDEVELOPMENT PARTNERS URBAN RENEWAL, LP PURSUANT TO THE LONG TERM TAX EXEMPTION LAW FOR A PROJECT LOCATED ON REAL PROPERTY COMMONLY KNOWN AS 91-97 CHAPEL STREET, (FORMERLY 59-97 CHAPEL STREET), NEWARK, NEW JERSEY, AND IDENTIFIED ON THE CITY’S TAX MAP AS BLOCK 2442, LOT 1.02 AFTER PERFECTED BY THE ORIGINAL SUBDIVISION DEED RECORDED ON APRIL 12, 2022, TO REVISE THE ADDRESS OF THE PROPERTY AND TO EXTEND THE DEADLINE FOR THE IMPROVEMENTS TO BE CONSTRUCTED FOR THE PROJECT AS A RESULT IN CHANGE IN FINANCING.

Ordinance Adopted Introduced November 25, 2024

What this record is

Held by: Abatement Granted TO Terrell Redevelopment Partners Urban Renewal, LP
Runs until: no end date published in this record
Type: amendment
Field: Construction

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