File #: Int 1167-2025    Version: * Name: Resignation of members of boards of directors of business improvement district management associations.
Type: Introduction Status: Committee
Committee: Committee on Finance
On agenda: 1/23/2025
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to the resignation of members of boards of directors of business improvement district management associations
Sponsors: Amanda Farías, Farah N. Louis
Council Member Sponsors: 2
Summary: This bill would require any member of a board of directors of a business improvement district management association who intends to resign from such board to provide no fewer than 30 days’ notice prior to such resignation.
Attachments: 1. Summary of Int. No. 1167, 2. Int. No. 1167, 3. January 23, 2025 - Stated Meeting Agenda

Int. No. 1167

 

By Council Members Farías and Louis

 

A Local Law to amend the administrative code of the city of New York, in relation to the resignation of members of boards of directors of business improvement district management associations

 

Be it enacted by the Council as follows:

 

Section 1. Section 25-414 of the administrative code of the city of New York, as amended by local law number 82 for the year 1990, is amended by adding a new subdivision e to read as follows:

                     (e) A member of the board of directors of a district management association who intends to resign from such appointment shall provide no fewer than 30 days’ notice to such board prior to resigning from such appointment. Such requirement shall be incorporated in each district plan prepared pursuant to this chapter.

§ 2. This local law takes effect immediately.

LS #17409

1/9/2025, 4:54pm