Int 1144-2018

Be it enacted by the Council as follows: Section 1. Subdivision a of section 25-420.1 of the administrative code of the city of New York, as amended by local law number 3 for the year 2015, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Steinway Street business improvement district beginning on July 1, [2014] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [four hundred thousand dollars ($400,000)] five hundred twenty thousand dollars ($520,000). � 2. Subdivision a of section 25-425 of the administrative code of the city of New York, as amended by local law number 30 for the year 2002, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Graham Avenue business improvement district beginning on July 1, [2002] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [one hundred thirty-seven thousand six hundred thirty-eight dollars ($137,638)] two hundred fifty thousand dollars ($250,000). � 3. Subdivision a of section 25-428.1 of the administrative code of the city of New York, as amended by local law number 118 for the year 2013, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Lower East Side business improvement district beginning on July 1, [2013] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [nine hundred seventy-four thousand six hundred dollars ($974,600)] one million three hundred thousand dollars ($1,300,000). � 4. Subdivision a of section 25-432.1 of the administrative code of the city of New York, as amended by local law number 135 for the year 2016, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Fashion Center business improvement district beginning on July 1, [2016] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [eight million eight hundred thousand dollars ($8,800,000)] thirteen million dollars ($13,000,000). � 5. Subdivision a of section 25-436 of the administrative code of the city of New York, as amended by local law number 118 for the year 2013, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Grand Street business improvement district beginning on July 1, [2013] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [two hundred twenty-six thousand four hundred sixty dollars ($226,460)] three hundred twenty-four thousand three hundred sixty dollars ($324,360). � 6. Subdivision a of section 25-437.1 of the administrative code of the city of New York, as amended by local law number 3 for the year 2015, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the 125th Street business improvement district beginning on July 1, [2014] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [one million five thousand seven hundred ninety-three dollars ($1,005,793)] one million two hundred forty thousand four hundred sixty-two dollars ($1,240,462). � 7. Subdivision a of section 25-450.1 of the administrative code of the city of New York, as amended by local law number 118 for the year 2013, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Lincoln Square business improvement district beginning on July 1, [2013] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [two million five hundred thousand dollars ($2,500,000)] three million two hundred thousand dollars ($3,200,000). � 8. Subdivision a of section 25-463.1 of the administrative code of the city of New York, as added by local law number 3 for the year 2013, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Madison/23rd/Flatiron/Chelsea business improvement district beginning on July 1, [2012] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [two million two hundred thousand dollars ($2,200,000)] three million two hundred fifty thousand dollars ($3,250,000). � 9. Subdivision a of section 25-467.1 of the administrative code of the city of New York, as amended by local law number 1 for the year 2017, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Queens Plaza/Court Square business improvement district beginning on July 1, [2016] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [eight hundred thousand dollars ($800,000)] one million dollars ($1,000,000). � 10. Subdivision a of section 25-471.1 of the administrative code of the city of New York, as added by local law number 17 for the year 2016, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Bay Ridge 5th Avenue business improvement district beginning on July 1, [2015] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [four hundred twenty-seven thousand dollars ($427,000)] five hundred thirty-four thousand dollars ($534,000). � 11. Subdivision a of section 25-472.1 of the administrative code of the city of New York, as added by local law number 135 for the year 2016, is amended to read as follows: a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Court-Livingston-Schermerhorn business improvement district beginning on July 1, [2016] 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of [nine hundred seven thousand dollars ($907,000)] one million four hundred thousand dollars ($1,400,000). � 12. The administrative code of the city of New York is amended by adding a new section 25-476.1 to read as follows: � 25-476.1 Park Slope Fifth Avenue business improvement district. a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Park Slope Fifth Avenue business improvement district beginning on July 1, 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of five hundred thousand dollars ($500,000). b. The amount of such expenditure to be levied upon each property in the district shall be determined in accordance with the method of assessment set forth in the Park Slope Fifth Avenue business improvement district plan. � 13. The administrative code of the city of New York is amended by adding a new section 25-483.1 to read as follows: � 25-483.1 Chinatown business improvement district. a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Chinatown business improvement district beginning on July 1, 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of one million eight hundred thousand dollars ($1,800,000). b. The amount of such expenditure to be levied upon each property in the district shall be determined in accordance with the method of assessment set forth in the Chinatown business improvement district plan. � 14. The administrative code of the city of New York is amended by adding a new section 25-484.1 to read as follows: � 25-484.1 Westchester Square business improvement district. a. The city council having determined, pursuant to subdivision b of section 25-410 of chapter four of this title, that it is in the public interest to authorize an increase in the amount to be expended annually in the Westchester Square business improvement district beginning on July 1, 2018, and the council having determined further that the tax and debt limits prescribed in section 25-412 of chapter four of this title will not be exceeded by such increased expenditure, there is hereby authorized in such district an annual expenditure of four hundred twenty-five thousand nine hundred twenty dollars ($425,920). b. The amount of such expenditure to be levied upon each property in the district shall be determined in accordance with the method of assessment set forth in the Westchester Square business improvement district plan. � 15. This local law takes effect immediately and is retroactive to and deemed to have been in full force and effect as of July 1, 2018. - 2 -