New York City Council Header
File #: Res 0278-2004    Version: * Name: Concerning the increase in the annual expenditure for the 34th Street, the 82nd Street, the Flatbush Avenue, the 47th Street and the Columbus/Amsterdam BIDs.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 4/1/2004
Enactment date: Law number:
Title: Resolution concerning the increase in the annual expenditure for the 34th Street, the 82nd Street, the Flatbush Avenue, the 47th Street and the Columbus/Amsterdam Business Improvement Districts and the setting of the time and place for the hearing of the local law increasing the annual expenditure for such districts.
Sponsors: David I. Weprin, (by request of the Mayor)
Council Member Sponsors: 2
Attachments: 1. Committee Report, 2. Hearing Transcript, 3. Hearing Transcript - Stated Meeting 4/21
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
4/21/2004*David I. Weprin City Council Approved, by CouncilPass Action details Meeting details Not available
4/21/2004*David I. Weprin Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
4/21/2004*David I. Weprin Committee on Finance Approved by CommitteePass Action details Meeting details Not available
4/1/2004*David I. Weprin City Council Referred to Comm by Council  Action details Meeting details Not available
4/1/2004*David I. Weprin City Council Introduced by Council  Action details Meeting details Not available

Res. No. 278

 

Resolution concerning the increase in the annual expenditure for the 34th Street, the 82nd Street, the Flatbush Avenue, the 47th Street and the Columbus/Amsterdam Business Improvement Districts and the setting of the time and place for the hearing of the local law increasing the annual expenditure for such districts.

 

By Council Member Weprin (by request of the Mayor)

 

                     Whereas, pursuant to Chapter 4 of Title 25 of the Administrative Code of the City of New York or the predecessor of such Chapter (the "BID Law") the City established the 34th Street, the 82nd Street, the Flatbush Avenue, the 47th Street, and the Columbus/Amsterdam Business Improvement Districts; and

                     Whereas, pursuant to Local Law No. 82 for the year 1990, the City Council assumed responsibility for adopting legislation relating to Business Improvement Districts; and

                     Whereas, pursuant to Section 25-410(b) of the BID Law, an increase in the amount to be expended annually may be adopted by local law, provided that the City Council determines, after a public hearing, that it is in the public interest to authorize the increase and that the tax and debt limits prescribed in Section 25-412 of the BID Law will not be exceeded; and

                     Whereas, the five (5) Business Improvement Districts wish to increase the amount to be expended annually beginning on July 1, 2003 as follows:  34th Street, $8,198,500; 82nd Street, $187,000;  Flatbush Avenue, $314,520; 47th Street, $331,367; and Columbus/Amsterdam, $201,600.

                     

                     Whereas, pursuant to Section 25-410(b) of the BID Law, the City Council is required to give notice of the public hearing by publication of a notice in at least one newspaper having general circulation in the districts specifying the time when and the place where the hearing will be held and stating the proposed amount to be expended annually; now, therefore, be it

                      Resolved, that the Council of the City of New York, pursuant to Section 25-410(b) of the BID Law hereby directs that:

 

                                          (i)                     _________ is the date and the City Council Committee Room, 2nd floor, City Hall, is the place and _______ is the time for a public hearing (the "Public Hearing") to hear all persons interested in the legislation, which would assess the amount to be expended annually in the five (5) Business Improvement Districts; and

                                           (ii)                     On behalf of the City Council and pursuant to Section 25-410(b) of the BID Law, the District Management Associations of the 34th Street,  the 82nd Street, the Flatbush Avenue, the 47th Street, and the Columbus/Amsterdam Business Improvement Districts are hereby authorized to publish in a newspaper of general circulation in each district, not less than ten (10) days prior to the Public Hearing, a notice stating the time and place of the Public Hearing and setting forth the increase in the amount to be expended annually in each of the five (5) Business Improvement Districts.