[Ord. 6PSF-G, 8-8-2018]
The Revised General Ordinances of the City of Newark, New Jersey
2000, as amended and supplemented, be further amended, to designate
the Downtown District as an Urban Growth Zone and that the NJEDA pursuant
to N.J.S.A. 34:1B-5(x) to exercise jurisdiction over land use regulations
and building permits for all projects designated as a Transformative
Corporate Headquarters projects within the City of Newark's Urban
Growth Zone, and shall read as follows.
[Ord. 6PSF-G, 8-8-2018]
Transformative Corporate Headquarters is defined as the corporate
headquarters of a business that is a qualified business facility at
which the business intends to create at least 30,000 new full-time
jobs and make at least $3,000,000,000 in capital investments.
[Ord. 6PSF-G, 8-8-2018]
Pending approval by the Governor of the State of New Jersey
by Executive Order, to explore the creation of an "Office of Transformative
Projects" in partnership with the City of Newark, designates that
the Department of Community Affairs will be responsible for the review
and approval of all post-development approval building permits which
relate to Transformative Corporate Headquarters project.