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Res 0932-2015

Fulton Street BID

ResolutionAdoptedCommittee on Financeintroduced 2015-12-16

Adopted by the full Council.

Official record · Legistar

Agenda: 2015-12-16Passed: 2016-01-06
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: 20 days in committee

Similar bills: median 0 days · 0 days when passed

Sponsors (2)

Lifecycle

IntroducedIntroduced by Council
2015-12-16 · City Council
ActionReferred to Comm by Council
2015-12-16 · City Council
HeardHearing Held by Committee
2016-01-06 · Committee on Finance
ActionAmendment Proposed by Comm
2016-01-06 · Committee on Finance
ActionAmended by Committee
2016-01-06 · Committee on Finance
AdvancedApproved by Committee
2016-01-06 · Committee on Finance
AdvancedApproved, by Council
2016-01-06 · City Council

Votes (11)

Aye (9)
Julissa Ferreras-CopelandYdanis A. RodriguezJames G. Van BramerVanessa L. GibsonCorey D. JohnsonMark LevineI. Daneek MillerHelen K. RosenthalSteven Matteo
Absent (1)
Robert E. Cornegy, Jr.
Excused (1)
Laurie A. Cumbo

Heard at (3)

City Council · 2016-01-06 · 12:00 PM · Council Chambers - City Hall
Committee on Finance · 2016-01-06 · 9:30 AM · Council Chambers - City Hall
City Council · 2015-12-16 · 1:30 PM · Council Chambers - City Hall

Attachments (9)

Full text
By Council Members Ferreras-Copeland and Mealy Whereas, Pursuant to the authority granted by chapter 4 of title 25 of the Administrative Code of the City of New York ("the Law"), the Mayor, by authorization dated March 27, 2008, provided for the preparation of a district plan ("the Original Plan") for the Fulton Street 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. 62 for the year 2008; and Whereas, The District wishes to increase the amount to be expended annually in the District to $500,000, to extend and modify the District boundaries, 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 June 18, 2015; and Whereas, Pursuant to section 25-405(c) of the Law, the CPC submitted the Amended Plan to the City Council on June 25, 2015; and Whereas, Pursuant to section 25-405(c) of the Law, the CPC submitted the Amended Plan to the Council Member representing the council district in which the proposed extended district is located on June 25, 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 June 24, 2015; and Whereas, Pursuant to section 25-405(c) of the Law, the CPC submitted the Amended Plan to the Brooklyn Borough President on June 24, 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 July 6, 2015; and Whereas, On July 6, 2015, the Community Board voted to approve the Amended Plan; 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 September 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 January 19, 2016 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 and modification 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 Fulton Street 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 the Department of Small Business Services (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 Fulton Street 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 Fulton Street 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 proposed in the maximum amount to be expended annually in the District.