THE COUNCIL OF THE CITY OF NEW YORK RESOLUTION NO. 1760 Title Resolution approving the First Amended Cooper Square Urban Renewal Plan, approving the designation of the area and approving the decision of the City Planning Commission on ULURP No. C 010108 HUM (L.U. No. 968). Body By Council Members Eisland and Linares WHEREAS, the City Planning Commission filed with the Council on January 23, 2001, its decision and report dated January 17, 2001 (the "Decision"), on the application submitted by the New York City Department of Housing Preservation and Development ("HPD"), pursuant to Section 505 of the General Municipal Law of New York State and Section 197-c of the New York City Charter, regarding the proposed First Amended Urban Renewal Plan (the "Plan") for the Cooper Square Urban Renewal Area (the "Area") (ULURP No. C 010108 HUM) (the "Application"); WHEREAS, the Application is related to ULURP Application Number C 010109 HAM (L.U. No. 969), an urban development action area designation and project and disposition of property; WHEREAS, the City Planning Commission has certified that the Plan for the Area complies with the provisions of Section 502 of the General Municipal Law, conforms to the comprehensive community plan for the development of the municipality as a whole and is consistent with local objectives, and that the Plan is in conformity with the findings and designation of the Area; 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 Area Designation is subject to review and action by the Council pursuant to Section 504 of the General Municipal Law; __________ Page 2 of 3 C 010108 HUM Reso. No. 1760 (L.U. No. 968) WHEREAS, the Plan is subject to review and action by the Council pursuant to Section 505 of the General Municipal Law; WHEREAS, on January 30, 2001 the New York City Department of Housing Preservation and Development submitted to the Council its request dated January 23, 2001 regarding the Application; WHEREAS, upon due notice, the Council held a public hearing on the Decision and the Plan on February 13, 2001; WHEREAS, the Council has considered the relevant environmental issues and the Negative Declaration, issued on July 14, 2000, (CEQR No. 00HPD014M); and WHEREAS, the Council has considered the land use implications and other policy issues relating to the Decision and the Plan; RESOLVED: The Council finds that this action will have no significant effect on the environment. Pursuant to Section 504 of the General Municipal Law, the Council approves the Designation of the Area. Pursuant to Section 505(4) of the General Municipal Law, the Council finds that: 1. The Area is a substandard or insanitary area or is in danger of becoming a substandard or insanitary area and tends to impair or arrest the sound growth and development of the municipality; 2. The financial aid to be provided to the municipality is necessary to enable the project to be undertaken in accordance with the Plan; 3. The Plan affords maximum opportunity to private enterprise, consistent with the sound needs of the municipality as a whole, for the undertaking of an urban renewal program; __________ Page 3 C 010108 HUM Reso. No. 1760 (L.U. No. 968) 4. The Plan conforms to a comprehensive community plan for the development of the municipality as a whole; 5. There is a feasible method for the relocation of families and individuals displaced from the Area into decent, safe and sanitary dwellings, which are or will be provided in the Area or in other areas not generally less desirable in regard to public utilities and public and commercial facilities, at rents or prices within the financial means of such families or individuals, and reasonably accessible to their places of employment; and 6. The undertaking and carrying out of the urban renewal activities in stages is in the best public interest and will not cause any additional or increased hardship to the residents of the Area. Pursuant to Section 505 of the General Municipal Law, the Council approves the First Amended Urban Renewal Plan for the Cooper Square Urban Renewal Area, dated September 2000. Pursuant to Section 197-d of the New York City Charter, and on the basis of the Decision and Application, the Council approves the Decision. 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 27, 2001, on file in this office. ........................................ City Clerk, Clerk of Council