Res 1160-2019

By Council Members Salamanca and Adams WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council on October 18, 2019 its request dated October 17, 2019 that the Council approve an amendment to a previously approved Urban Development Action Area Project (the "Project") for property located at Block 3041, Lot 38 (Formerly Lots 38 and 40), Borough of Bronx, Community District 6 (the "Disposition Area") to correct a typographical error; and WHEREAS, the request made by the New York City Department of Housing and Development is related to a previously approved City Council Resolution No. 733 (L.U. No. 313) dated January 24, 2019 (the "Original Resolution"). RESOLVED: The Council approves the amendment of the Original Resolution by the deletion of the paragraph that references Section 576-a(2) of the Private Housing Finance Law and the addition of the following three paragraphs: The Council finds that the present status of the Disposition Area tends to impair or arrest the sound growth and development of the City of New York and that a designation of the Project as an urban development action area project is consistent with the policy and purposes stated in Section 691 of the General Municipal Law. The Council approves the designation of the Disposition Area as an urban development action area pursuant to Section 693 of the General Municipal Law. The Council approves the Project as an urban development action area project pursuant to Section 694 of the General Municipal Law and subject to the terms and conditions of the Project Summary. Adopted. 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 November 14, 2019, on file in this office. .................................................. City Clerk, Clerk of The Council Page 2 of 2 20205138 HAX Res. No. 1160 (L.U. No. 571)