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Res 0911-2015

Metrotech Area BID

ResolutionAdoptedCommittee on Financeintroduced 2015-11-24

Adopted by the full Council.

Official record · Legistar

Agenda: 2015-11-24Passed: 2015-11-24
Committee on Finance — Executive Budget review and Budget modification, Banking Commission, Comptroller's Office, Department of Finance, Independent Budget Office, Office of Administrative Tax Appeal, and fiscal policy and revenue from any source.

How it compares

98% of similar bills passed

49 passed · 1 died

This bill: 0 days in committee

Similar bills: median 0 days · 0 days when passed

Sponsors (2)

Lifecycle

HeardHearing on P-C Item by Comm
2015-11-24 · Committee on Finance
AdvancedP-C Item Approved by Comm
2015-11-24 · Committee on Finance
IntroducedIntroduced by Council
2015-11-24 · City Council
ActionReferred to Comm by Council
2015-11-24 · City Council
AdvancedApproved, by Council
2015-11-24 · City Council

Votes (11)

Aye (9)
Julissa Ferreras-CopelandYdanis A. RodriguezJames G. Van BramerVanessa L. GibsonLaurie A. CumboCorey D. JohnsonMark LevineHelen K. RosenthalSteven Matteo
Absent (2)
Robert E. Cornegy, Jr.I. Daneek Miller

Heard at (2)

City Council · 2015-11-24 · 1:30 PM · Council Chambers - City Hall
Committee on Finance · 2015-11-24 · 10:00 AM · Committee Room - City Hall

Attachments (7)

Full text
By Council Members Ferreras-Copeland and Eugene Whereas, pursuant to the authority formerly granted by chapter 4 of title 25 of the Administrative Code of the City of New York ("the Law"), the Board of Estimate, by authorization dated November, 16, 1989, provided for the preparation of a district plan ("the Original Plan") for the Metrotech Area Business Improvement District ("the District") in the Borough of Brooklyn; 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 authority granted by the Law, the District was established by Local Law No. 40 for the year 1991; and Whereas, pursuant to Section 25-410(b) of the Law, an amendment to the District Plan that provides for any change in the method of assessment upon which the district charge is based or 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 such changes and that the tax and debt limits prescribed in Section 25-412 of the Law will not be exceeded by such changes; and Whereas, the District wishes to increase the amount to be expended annually in the District to $3,624,492, to extend the District, and to amend the District Plan in order to change the method of assessment upon which the district charge is based; and Whereas, pursuant to section 25-405(c) of the Law, the New York City Department of Small Business Services ("SBS") submitted an amended District Plan ("the Amended Plan") for the District to the City Planning Commission ("the CPC") on May 4, 2015; and Whereas, pursuant to section 25-405(c) of the Law, the CPC submitted the Amended Plan to the City Council on May 6, 2015; and Whereas, pursuant to section 25-405(c) of the Law, the CPC submitted the Amended Plan to the Council Members representing the council districts in which the district is located on May 6, 2015; and Whereas, pursuant to section 25-405(c) of the Law, the CPC submitted the Amended Plan to Brooklyn Community Board 2 (the "Community Board" or "CB 2"), in which the proposed extended district is located, on May 5, 2015 Whereas, pursuant to section 25-405(c) of the Law, the CPC submitted the Amended Plan to the Brooklyn Borough President on May 6, 2015; and Whereas, pursuant to section 25-405(c) of the Law, the Community Board notified the public of the Amended Plan in accordance with the requirements established by the CPC; and Whereas, pursuant to section 25-405(c) of the Law, the Community Board conducted a public hearing on May 5, 2015; and Whereas, on May 13, 2015, the Community Board voted to approve the extension of the District; and Whereas, pursuant to section 25-405(c) of the Law, the CPC reviewed the Amended Plan, held a public hearing and prepared a report certifying its unqualified approval of the Amended Plan; and Whereas, pursuant to section 25-405(c) of the Law, the CPC submitted its report to the Mayor, to the Brooklyn Borough President, to the City Council and to the Council Members representing the council districts in which the district is located; and Whereas, pursuant to section 25-405(c) of the Law, a copy of the CPC's report, the Original Plan, and the Amended Plan were transmitted for filing with the City Clerk on July 16, 2015; and Whereas, pursuant to section 25-406(a) of the Law, a copy of the Amended Plan and the CPC's report are annexed hereto and are made part of this Resolution; and Whereas, pursuant to section 25-406(a) of the Law, the Amended Plan is on file for public inspection in the Office of the City Clerk, 141 Worth Street, New York, New York; and Whereas, pursuant to Section 25-406(b) of the Law, any owner of real property, deemed benefited and therefore within the proposed extended district, objecting to the Amended Plan must file an objection at the Office of the City Clerk within thirty days of the conclusion of the hearing held by the City Council, notice of which is provided by this Resolution, on forms made available by the City Clerk; and Whereas, pursuant to Section 25-406(b) of the Law, if owners of at least fifty-one percent of the assessed valuation of all the benefited real property situated within the boundaries of the District proposed for extension, as shown upon the latest completed assessment roll of the City, or at least fifty-one percent of the owners of benefited real property within the area included in the District proposed for extension, file objections to the Amended Plan with the City Clerk within the thirty-day objection period, the District will not be extended; now, therefore, be it Resolved, That the Council of the City of New York, pursuant to Section 25-406 of the Law, hereby directs that December 7, 2015 is the date and 10:00 a.m. is the time and the City Council Committee Meeting Room, 2nd Floor, City Hall is the place for a public hearing ("the Public Hearing") to hear all persons interested in the legislation that would authorize an increase in the amount to be expended annually in the District, extension of the District, and a change in the method of assessment upon which the district charge in the District is based; and be it further Resolved, That the Metrotech Area District Management Association shall, not less than ten nor more than thirty days before the date of the Public Hearing, mail a copy of this Resolution or a summary thereof to each owner of real property within the proposed extended district at the address shown on the latest City assessment roll, to such other persons as are registered with the City to receive tax bills concerning real property within the proposed extended district, and to the tenants of each building within the proposed extended district; and be it further Resolved, That SBS shall arrange for the publication of a copy of this Resolution or a summary thereof at least once in the City Record or a newspaper in general circulation in the City, the first publication to be not less than ten (10) nor more than thirty (30) days before the date of the Public Hearing; and be it further Resolved, That in the event that the Metrotech Area District Management Association mails, or SBS arranges for the publication of, a summary of this Resolution, such summary shall include the information required by section 25-406(c) of the Law; and be it further Resolved, That on behalf of the City Council and pursuant to Section 25-410(b) of the BID Law, the Metrotech Area District Management Association is hereby authorized to publish in a newspaper having general circulation in the District, not less than ten (10) days prior to the Public Hearing, a notice stating the time and place of the Public Hearing and stating the increase in the amount to be expended annually in the District.