THE COUNCIL OF THE CITY OF NEW YORK RESOLUTION NO. 1192 Title Resolution approving the decision of the City Planning Commission on an application submitted by the Department of Housing Preservation and Development, ULURP No. C 000053 HAX, approving the designation of 711 and 715 East 176th Street, 710, 714, 716 and 718 Fairmount Place and 1883 Clinton Avenue (Block 2950, Lots 4, 7, 20, 22, 23, 24 and 26), the Bronx, as an Urban Development Action Area approving the project for the area as an Urban Development Action Area Project, and approving the disposition of such property to sponsor/developer selected by the Department of Housing Preservation and Development (L.U. No. 638; C 000053 HAX). Body By Council Members Eisland and Linares WHEREAS, the City Planning Commission filed with the Council on December 29, 1999 its decision dated December 22, 1999 (the "Decision"), on the application submitted by the Department of Housing Preservation and Development pursuant to Section 197-c of the New York City Charter and Article 16 of the General Municipal Law of New York State regarding: a) the designation of 711 and 715 East 176th Street, 710, 714, 716 and 718 Fairmount Place and 1883 Clinton Avenue (Block 2950, Lots 4, 7, 20, 22, 23, 24 and 26), as an Urban Development Action Area (the "Area"); b) an Urban Development Action Area Project for such area (the "Project"); and pursuant to Section 197-c of the New York City Charter for the disposition of such property to a sponsor/developer selected by the Department of Housing Preservation and Development (the "Disposition") (ULURP No. C 000053 HAX) (the "Application"); WHEREAS, the Decision is subject to review and action by the Council pursuant to Section 197-d(b)(1) of the City Charter; WHEREAS, the Application and Decision are subject to review and action by the Council pursuant to Article 16 of the General Municipal Law of New York State; WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council its recommendations regarding the Application by submission dated January 26, 2000; ____________ Page 2 of 2 C 000053 HAX Reso. No. 1192 (L.U. No. 638) WHEREAS, upon due notice, the Council held a public hearing on the Application and Decision on January 27, 2000; WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the Application; RESOLVED: Pursuant to Section 197-d, the Council approves the decision of the City Planning Commission (C 000053 HAX). The Council finds that the present status of the Disposition Area tends to impair or arrest the sound growth and development of the City of New York and that a designation of the Project as an urban development action area project is consistent with the policy and purposes stated in Section 691 of the General Municipal Law. The Council approves the designation of the Disposition Area as an urban development action area pursuant to Section 693 of the General Municipal Law. The Council approves the Project as an urban development action area project pursuant to Section 694 of the General Municipal Law. The Council approves the disposition of said property to a sponsor/developer selected by the Department of Housing Preservation and Development. 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 8, 2000, on file in this office. ............................................. City Clerk, Clerk of Council