File #:

M 0187-2002    Version: *

Name:

Interest rate to be charged for FY'03 for non-payment of water rents and sewer rents be (18%) where the annual tax on parcel is more than $2,750.

Type:

Communication

Status:

Adopted

Committee:

Committee on Finance

On agenda:

6/5/2002

Enactment date:

Law number:

Title:

Communication from the New York City Banking Commission - Transmitting recommendation that the interest rate to be charged for Fiscal Year 2003 for non-payment of water rents and sewer rents be eighteen percent (18%) where the annual tax on parcel is more than $2,750 or where taxes are held in escrow or where parcel consists of vacant or unimproved land, and nine percent (9%) in all other cases.

Attachments:

1. Hearing Transcript 6/21, 2. Hearing Transcript - Stated Meeting 6/21