New York City Council Header
File #: Int 1058-2009    Version: * Name: Times Square Business Improvement District
Type: Introduction Status: Enacted
Committee: Committee on Finance
On agenda: 7/29/2009
Enactment date: 10/7/2009 Law number: 2009/066
Title: A Local Law to amend the administrative code of the city of New York, in relation to amending the district plan of the Times Square business improvement district to change the method of assessment upon which the district charge is based.
Sponsors: David I. Weprin, Leroy G. Comrie, Jr., Robert Jackson, (by request of the Mayor)
Council Member Sponsors: 4
Attachments: 1. Committee Report, 2. Hearing Transcript, 3. Hearing Testimony, 4. Fiscal Impact Statement, 5. Mayor's Letter, 6. Hearing Transcript - Stated Meeting 9/30/09, 7. Local Law
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
10/7/2009*David I. Weprin City Council Recved from Mayor by Council  Action details Meeting details Not available
10/7/2009*David I. Weprin Mayor Hearing Held by Mayor  Action details Meeting details Not available
10/7/2009*David I. Weprin Mayor Signed Into Law by Mayor  Action details Meeting details Not available
9/30/2009*David I. Weprin City Council Sent to Mayor by Council  Action details Meeting details Not available
9/30/2009*David I. Weprin City Council Approved by CouncilPass Action details Meeting details Not available
9/30/2009*David I. Weprin Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
9/30/2009*David I. Weprin Committee on Finance Approved by CommitteePass Action details Meeting details Not available
7/29/2009*David I. Weprin City Council Referred to Comm by Council  Action details Meeting details Not available
7/29/2009*David I. Weprin City Council Introduced by Council  Action details Meeting details Not available

Int. No. 1058

 

By Council Members Weprin, Comrie and Jackson (by request of the  Mayor)

 

A Local Law to amend the administrative code of the city of New York, in relation to amending the district plan of the Times Square business improvement district to change the method of assessment upon which the district charge is based.

 

Be it enacted by the Council as follows:

 

                     Section 1.  Chapter 5 of title 25 of the administrative code of the city of New York is amended by adding a new section 25-422.4 to read as follows:

                     §25-422.4 Times Square business improvement district; amendment of the district plan. 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 a change in the method of assessment upon which the district charge in the Times Square business improvement district is based, and the council having determined further that the tax and debt limitations prescribed in section 25-412 of chapter four of this title will not be exceeded by such change, there is hereby authorized in such district such change as is set forth in the amended district plan required to be filed with the city clerk pursuant to subdivision b of this section.

                      b. Immediately upon adoption of this local law, the council shall file with the city clerk the amended district plan containing the change in the method of assessment authorized by subdivision a of this section.

                     §2. This local law shall take effect immediately and shall be retroactive to and deemed to have been in full force and effect as of July 1, 2009.