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Res 1139-2016

LU 403 - Seagirt Housing, Queens

ResolutionAdoptedCommittee on Financeintroduced 2016-06-21

Adopted by the full Council.

Official record · Legistar

Agenda: 2016-06-21Passed: 2016-06-21
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.

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Sponsors (1)

Lifecycle

AdvancedP-C Item Approved by Comm
2016-06-21 · Committee on Finance
AdvancedApproved, by Council
2016-06-21 · City Council

Heard at (1)

City Council · 2016-06-21 · 1:30 PM · Council Chambers - City Hall

Attachments (7)

Full text
By Council Member Ferreras-Copeland WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") requested that the Council amend a previously approved tax exemption for property located at (Block 15810, Lot 30) Queens ("Exemption Area"); WHEREAS, HPD's request for amendment is related to a previously approved Council Resolution adopted on May 6, 2009 (Res. 1967) (the "Prior Resolution") granting the Exemption Area an exemption from real property taxation pursuant to Section 577 of the Real Property Tax Law; WHEREAS, the exemption from real property taxation granted by Prior Resolution was intended to be granted pursuant to Section 577 of the Private Housing Finance Law, but due to a technical error the Prior Resolution referenced the Real Property Tax Law; RESOLVED: Pursuant to Section 577 of the Private Housing Finance Law, the Council approves the amendment to the Prior Resolution requested by HPD as follows: 1) The title of the Prior Resolution is deleted and replaced with the following title: Resolution approving a partial exemption from real property taxes for property located at (Block 15810, Lot 30) Queens, pursuant to Section 577 of the Private Housing Finance Law (Preconsidered L.U. No. 1097) 2) The first "Whereas" clause of the Prior Resolution is deleted and replaced with the following clause: WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council its request dated March 23, 2009 that the Council take the following action regarding a housing project to be located at (Block 15810, Lot 30), Queens ("Exemption Area"): Approve a partial exemption of the Project from real property taxes pursuant to Section 577 of the Private Housing Finance Law (the "Tax Exemption"); 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 June 21, 2016, on file in this office. _______________________ City Clerk, Clerk of Council