File #: Int 1282-2016    Version: * Name: Authorizing an increase in the amount to be expended annually in 8 business improvement districts and 2 special assessment districts.
Type: Introduction Status: Enacted
Committee: Committee on Finance
On agenda: 9/28/2016
Enactment date: 10/31/2016 Law number: 2016/135
Title: A Local Law to amend the administrative code of the city of New York, in relation to authorizing an increase in the amount to be expended annually in eight business improvement districts and two special assessment districts
Sponsors: Julissa Ferreras-Copeland, (by request of the Mayor)
Council Member Sponsors: 1
Summary: This bill would authorize eight existing business improvement districts (“BID”) throughout the City and two special assessment districts (“SAD”) to increase the amount they expend annually.
Attachments: 1. Legislative History Report, 2. Summary of Int. No. 1282, 3. September 28, 2016 - Stated Meeting Agenda with Links to Files, 4. Committee Report 10/13/16, 5. Hearing Testimony 10/13/16, 6. Hearing Transcript 10/13/16, 7. October 13, 2016 - Stated Meeting Agenda with Links to Files, 8. Fiscal Impact Statement, 9. Hearing Transcript - Stated Meeting 10-13-16, 10. Mayor's Letter, 11. Minutes of the Stated Meeting - October 13, 2016, 12. Local Law 135
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
10/31/2016*Julissa Ferreras-Copeland City Council Recved from Mayor by Council  Action details Meeting details Not available
10/31/2016*Julissa Ferreras-Copeland Mayor Signed Into Law by Mayor  Action details Meeting details Not available
10/31/2016*Julissa Ferreras-Copeland Mayor Hearing Held by Mayor  Action details Meeting details Not available
10/13/2016*Julissa Ferreras-Copeland City Council Sent to Mayor by Council  Action details Meeting details Not available
10/13/2016*Julissa Ferreras-Copeland City Council Approved by CouncilPass Action details Meeting details Not available
10/13/2016*Julissa Ferreras-Copeland Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
10/13/2016*Julissa Ferreras-Copeland Committee on Finance Approved by CommitteePass Action details Meeting details Not available
9/28/2016*Julissa Ferreras-Copeland City Council Referred to Comm by Council  Action details Meeting details Not available
9/28/2016*Julissa Ferreras-Copeland City Council Introduced by Council  Action details Meeting details Not available

Int. No. 1282

 

By Council Member Ferreras-Copeland (by request of the Mayor)

 

A Local Law to amend the administrative code of the city of New York, in relation to authorizing an increase in the amount to be expended annually in eight business improvement districts and two special assessment districts

 

Be it enacted by the Council as follows:

 

Section 1. Subdivision a of section 25-421.1 of the administrative code of the city of New York, as amended by local law number 16 for the year 2016, is amended to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Metrotech Area business improvement district beginning on July 1, [2015] 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [three million six hundred twenty-four thousand four hundred ninety-two dollars ($3,624,492)] four million two hundred seventy-four thousand four hundred ninety-two dollars ($4,274,492), of which three million two  hundred seventy-four thousand four hundred ninety-two dollars ($3,274,492) may be expended in the north subdistrict, and one million dollars ($1,000,000) may be expended in the south subdistrict.

§ 2. Subdivision a of section 25-430.1 of the administrative code of the city of New York, as added by local law number 133 for the year 2005, is amended to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Woodhaven business improvement district beginning on July 1, [2005] 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [two hundred eighteen thousand dollars ($218,000)] two hundred seventy-five thousand dollars ($275,000).

§ 3. Subdivision a of section 25-431.1 of the administrative code of the city of New York, as amended by local law number 3 for the year 2013, is amended to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Fifth Avenue Association business improvement district beginning on July 1, [2012] 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [two million nine hundred five thousand dollars ($2,905,000)] three million two hundred seven thousand dollars ($3,207,000).

§ 4. Subdivision a of section 25-432.1 of the administrative code of the city of New York, as amended by local law number 118 for the year 2013, is amended to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Fashion Center business improvement district beginning on July 1, [2013] 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [seven million eight hundred thousand dollars ($7,800,000)] eight million eight hundred thousand dollars ($8,800,000).

§ 5. The administrative code of the city of New York is amended by adding a new section 25-447.2 to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Madison Avenue business improvement district beginning on July 1, 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of two million one hundred thousand dollars ($2,100,000).

b. The amount of such expenditure to be levied upon each property in the district shall be determined in accordance with the method of assessment set forth in the Madison Avenue business improvement district plan.

§ 6. The administrative code of the city of New York is amended by adding a new section 25-472.1 to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Court-Livingston-Schermerhorn business improvement district beginning on July 1, 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of nine hundred seven thousand dollars ($907,000).

b. The amount of such expenditure to be levied upon each property in the district shall be determined in accordance with the method of assessment set forth in the Court-Livingston-Schermerhorn business improvement district plan.

§ 7. Subdivision a of section 25-474.1 of the administrative code of the city of New York, as added by local law number 9 for the year 2012, is amended to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Bayside Village business improvement district beginning on July 1, [2011] 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [one hundred fifty-five thousand dollars ($155,000)] two hundred thirty thousand dollars ($230,000).

§ 8. The administrative code of the city of New York is amended by adding a new section 25-481.1 to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Atlantic Avenue business improvement district beginning on July 1, 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of three hundred ninety thousand dollars ($390,000).

b. The amount of such expenditure to be levied upon each property in the district shall be determined in accordance with the method of assessment set forth in the Atlantic Avenue business improvement district plan.

§ 9. Subdivision a of section 25-601 of the administrative code of the city of New York, as amended by local law number 118 for the year 2013, is amended to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the one hundred sixty-fifth street mall special assessment district beginning on July 1, [2013] 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [two hundred thousand dollars ($200,000)] two hundred fifty thousand dollars ($250,000).

§ 10. Subdivision a of section 25-604 of the administrative code of the city of New York, as amended by local law number 30 for the year 2005, is amended to read as follows:

a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Jamaica Center mall special assessment district beginning on July 1, 2016, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of one million seventeen thousand five hundred dollars ($1,017,500), of which eight hundred twenty-one thousand six hundred thirty-one dollars ($821,631) may be expended in subdistrict 1 of such district [an annual expenditure of five hundred ninety-five thousand five hundred dollars ($595,500)], and one hundred ninety-five thousand eight hundred sixty-nine dollars ($195,869) may be expended in subdistrict 2 of such district [an annual expenditure of one hundred forty-two thousand dollars ($142,000)].

§ 11. This local law takes effect immediately and is retroactive to and deemed to have been in full force and effect as of July 1, 2016.