File #: Res 0776-2015    Version: * Name: M 306 - Proposed amendment to the five-year Capital Plan FY 2015 – 2019.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 6/26/2015
Enactment date: Law number:
Title: RESOLUTION APPROVING, PURSUANT TO SECTION 2590-p OF THE STATE EDUCATION LAW AND PARAGRAPH(1)(a) OF THE MEMORANDUM OF UNDERSTANDING, DATED JUNE 25, 2014, AMONG THE MAYOR, THE SPEAKER, AND THE CHANCELLOR, THE AMENDMENT TO THE FIVE-YEAR EDUCATIONAL FACILITIES CAPITAL PLAN FOR 2015-2019 SUBMITTED BY THE CHANCELLOR
Sponsors: Julissa Ferreras-Copeland
Council Member Sponsors: 1
Attachments: 1. Committee Report, 2. M 306 and Res 776 - FY 2015 – 2019 - PROPOSED FIVE YEAR CAPITAL PLAN AMENDMENT, 3. Hearing Transcript - Finance 6-26-15, 4. June 26, 2015 - Stated Meeting Agenda with Links to Files, 5. Hearing Transcript of the Stated Meeting - June 26, 2015, 6. Minutes of the Stated Meeting - June 10, 2015, 7. Minutes of the Stated Meeting - Recessed Meeting of June 10, 2015 held on June 26, 2015, 8. Minutes of the Stated Meeting - June 26, 2015
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
6/26/2015*Julissa Ferreras-Copeland City Council Approved, by CouncilPass Action details Meeting details Not available
6/26/2015*Julissa Ferreras-Copeland Committee on Finance Hearing on P-C Item by Comm  Action details Meeting details Not available
6/26/2015*Julissa Ferreras-Copeland Committee on Finance P-C Item Approved by CommPass Action details Meeting details Not available

Preconsidered Res. No. 776

 

RESOLUTION APPROVING, PURSUANT TO SECTION 2590-p OF THE STATE EDUCATION LAW AND PARAGRAPH(1)(a) OF THE MEMORANDUM OF UNDERSTANDING, DATED JUNE 25, 2014, AMONG THE MAYOR, THE SPEAKER, AND THE CHANCELLOR,  THE AMENDMENT TO THE FIVE-YEAR EDUCATIONAL FACILITIES CAPITAL PLAN FOR 2015-2019 SUBMITTED BY THE CHANCELLOR

 

By Council Member Ferreras-Copeland

 

            WHEREAS, State Education Law Section 2590-p provides for the development and approval, every five years, of a five-year educational facilities capital plan and amendments thereto; and

 

WHEREAS, On June 26, 2014, after extensive discussions and negotiations with the Department of Education over the content and specifics of the proposed 2015-2019 Five-Year Educational Facilities Capital Plan, the Council of the City of New York approved the current Five-Year Educational Facilities Capital Plan for the period of July 1, 2014 until June 30, 2019 (“2015 Plan”) pursuant to Section 2590-p of the Education Law for a total budget of $12.8 billion; and

 

WHEREAS, On June 25, 2014, the Mayor of the city of New York (“Mayor”), the Speaker of the Council of the city of New York (“Speaker”), and the Chancellor entered into a Memorandum of Understanding (“MOU”), which required, inter alia, the Chancellor of the New York City Department of Education (“Chancellor”) to submit annual amendments to the (“2015 Plan”) to the Mayor and the City Council for their respective consideration and approval; and

 

WHEREAS, The MOU also imposed additional reporting requirements on the New York City Department of Education (“DOE”); and

 

WHEREAS, On May 7, 2015, the Chancellor submitted to the Council the proposed first annual amendment (hereinafter referred to as the “Amendment”) to the 2015 Plan, which would increase funding for the 2015 Plan by $700 million to $13.5 billion, as a result of additional funds for projects related to Superstorm Sandy, rollover funding to continue boiler conversions, funding from the Smart Schools Bond Act, and additional funds from the City Council, Borough Presidents, and the Mayor; and

                     

WHEREAS, This Amendment provides $4.81 billion for the Capacity Program, which includes all elements of the 2015 Plan that result in new or replacement capacity for the educational system; and

 

WHEREAS, This Amendment also provides $4.64 billion for the Capital Investment Program, which is for the enhancement and repair of existing facilities to improve the quality of infrastructure of buildings and properties; and

 

WHEREAS, This Amendment also provides $3.7 billion for the Mandated Programs, which are projects required by law or City agency mandate; and

 

WHEREAS, This Amendment also includes funding in the amount of approximately $317 million, which has been provided by the City Council, Borough President, and Mayor/Council sources; now, therefore, be it

 

RESOLVED, That the Council of the city of New York hereby approves, pursuant to Section 2590-p of the State Education Law and Paragraph (1)(a) of the Memorandum of Understanding, dated June 25, 2014, among the Mayor, the Speaker, and the Chancellor, the Amendment to the Five-Year Educational Facilities Capital Plan for 2014-2019 submitted by the Chancellor.

 

 

 

RC 6-23-15

LS 5551