THE COUNCIL OF THE CITY OF NEW YORK RESOLUTION NO. 1220 Title Resolution approving a motion to file pursuant to withdrawal an Urban Development Action Area Project located at located at 173-209 South Portland Avenue and 172-208, 214 South Oxford Street (Block 2004/Lots p/o 1, p/o 2, 7, 12, 13, 15-17, 65-77, p/o 78, p/o 79 and 175), Brooklyn (L.U. No. 277; 19995075 HAK). Body By Council Members Eisland and Linares WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council its request dated October 6, 1998 that the Council take the following actions regarding the following Urban Development Action Area Project (the "Project") located at 173-209 South Portland Avenue and 172-208, 214 South Oxford Street (Block 2004/Lots p/o 1, p/o 2, 7, 12, 13, 15-17, 65-77, p/o 78, p/o 79 and 175), Borough of Brooklyn (the "Disposition Area"): 1. Find that the present status of the Disposition Area tends to impair or arrest the sound growth and development of the municipality and that the proposed Urban Development Action Area Project is consistent with the policy and purposes stated in Section 691 of the General Municipal Law; 2. Waive the area designation requirement of Section 693 of the General Municipal Law pursuant to said Section; 3. Waive the requirements of Sections 197-c and 197-d of the New York City Charter pursuant to Section 694 of the General Municipal Law; 4. Approve the Project as an Urban Development Action Area Project pursuant to Section 694 of the General Municipal Law; and 5. Approve the exemption of the Project from real property taxes pursuant to Section 696 of the General Municipal Law (the "Tax Exemption"). ______________ Page 2 of 2 19995075 HAK Reso. No. 1220 (L.U. No. 277) WHEREAS, by submission dated January 14, 1999, the New York City Department of Housing Preservation and Development withdrew the application; RESOLVED: The Council approves the motion to file pursuant to withdrawal of the application. Adopted. Office of the City Clerk, } The City of New York, } ss.: I hereby certify that the foregoing is a true copy of a Resolution passed by The Council of The City of New York on February 29, 2000, on file in this office. ??????????... City Clerk, Clerk of Council ??