THE COUNCIL OF THE CITY OF NEW YORK RESOLUTION NO. 1103 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 030474 HAK, approving the designation of property generally located at Prospect Place between Howard and Saratoga Avenues (Block 1463/Lot 1), Site 110D within the Ocean Hill Urban Renewal Area, Brooklyn, 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 a developer to be selected by the Department of Housing Preservation and Development (L.U. No. 463; C 030474 HAK). Body By Council Members Katz and Martinez WHEREAS, the City Planning Commission filed with the Council on September 15, 2003 its decision dated September 10, 2003 (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 property generally located at Prospect Place between Howard and Saratoga Avenues (Block 1463/Lot 1), Site 110D within the Ocean Hill Urban Renewal Area, 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 developer selected by the Department of Housing Preservation and Development to facilitate development of commercial space and approximately 138 units of housing in three- and four-story town houses, as a component of the Prospect Plaza Apartments project, to be developed with Federal HOPE VI funding (the "Disposition"), Community District 16, Borough of Brooklyn (ULURP No. C 030474 HAK) (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 on September 23, 2003; WHEREAS, upon due notice, the Council held a public hearing on the Application and Decision on October 7, 2003; WHEREAS, the Council has considered the relevant environmental review (CEQR No. 03HPD019K) and the fact that a Negative Declaration was issued on May 5, 2003; WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the Application; RESOLVED: The Council finds that the actions described herein will have no significant effect on the environment; Pursuant to Section 197-d, the Council approves the decision of the City Planning Commission (C 030474 HAK). 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 developer to be 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 October 15, 2003, on file in this office. ................................................... City Clerk, Clerk of The Council Page 3 of 3 C 030474 HAK Res. No. 1103 (L.U. No. 463)