Legislation Details

File #: Int 0189-1998    Version: * Name: Tax Exemption, Industrial and Commercial Properties
Type: Introduction Status: Filed
Committee: Committee on Finance
On agenda: 2/26/1998
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to granting notice to council members for applications for tax exemption of certain industrial and commercial properties and tax abatement of certain industrial properties.
Sponsors: Martin Malave-Dilan, Howard L. Lasher, Victor L. Robles, Alphonse Stabile, Lucy Cruz, Sheldon S. Leffler, Jerome X. O'Donovan, Annette M. Robinson
Council Member Sponsors: 8
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
12/31/2001*Martin Malave-Dilan City Council Filed (End of Session)  Action details Meeting details Not available
3/17/1998*Martin Malave-Dilan Legislative Documents Unit Printed Item Laid on Desk  Action details Meeting details Not available
2/26/1998*Martin Malave-Dilan City Council Referred to Comm by Council  Action details Meeting details Not available
2/26/1998*Martin Malave-Dilan City Council Introduced by Council  Action details Meeting details Not available
Int. No. 189
 
By Council Members Malave-Dilan, Lasher, Robles and Stabile; also Council Members Cruz, Leffler, O'Donovan and Robinson - read and referred to the Committee on Finance.
 
 
A Local Law to amend the administrative code of the city of New York, in relation to granting notice to council members for applications for tax exemption of certain industrial and commercial properties and tax abatement of certain industrial properties.
 
 
Be it enacted by the Council as follows:
 
      Section 1.  Subdivision c of section 11-260 of the administrative code of the city of New York, is amended to read as follows:
      c.      Upon receipt of an application, the department of finance shall send written notice thereof to the council member representing the district where the proposed construction work is to take place.  Upon a receipt of a final application, the department of finance shall send a copy of the final application to the council member representing the district where the proposed construction is to take place.  The final application shall include the names and addresses of all parties with a substantial interest in the property and shall include the names and addresses of every entity engaged by any party with a substantial interest in the property to perform the commercial construction work, renovation construction work or industrial construction work which is the subject of the application.  For purposes of this subdivision, "substantial interest" shall have the same meaning as used in paragraph 4 of subdivision e of section 11-259 of this part.  
      ยง2.      This local law shall take effect immediately.