Proposed Int. No. 248-A
By Council Members Weprin, Comrie, Jackson, Koppell, Monserrate, Nelson (by request of the Mayor)
A Local Law to amend the administrative code of the city of New York, in relation to authorizing an increase in the amount to be expended in nineteen business improvement districts.
Be it enacted by the Council as follows:
Section 1. Subdivision a of section 25-421.1 of the administrative code of the city of New York, as amended by local law number 93 for the year 1995, 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 Metrotech Area business improvement district beginning on July 1, [1995] 2002, 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 nine hundred eighty-nine thousand nine hundred thirty-six dollars ($1,989,936)] two million one hundred eighty-nine thousand nine hundred thirty-six dollars ($2,189,936).
§ 2. Subdivision a of section 25-422.1 of the administrative code of the city of New York, as added by local law number 93 for the year 1995, 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 Times Square business improvement district beginning on July 1, [1995] 2002, 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 million nine hundred thirty-five thousand dollars ($5,935,000)] eight million six hundred thousand dollars ($8,600,000).
§ 3. Subdivision a of section 25-423.1 of the administrative code of the city of New York, as amended by local law number 43 for the year 1997, 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 34th Street business improvement district beginning on July 1, [1997] 2002, 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 [seven million forty-three thousand dollars ($7,043,000)] seven million nine hundred ninety-four thousand dollars ($7,994,000).
§ 4. Section 25-424 of the administrative code of the city of New York, as added by local law number 75 for the year 1991, is amended to read as follows:
§ 25-424 Myrtle 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 [myrtle avenue] Myrtle Avenue business improvement district beginning on July 1, [1991] 2002, 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-two thousand eight hundred forty-five dollars ($222,845)] three hundred thousand eight hundred forty-five dollars ($300,845).
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 [myrtle avenue] Myrtle Avenue business improvement district plan.
§ 5. Subdivision a of section 25-425 of the administrative code of the city of New York, as amended by local law number 67 for the year 1997, 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, [1997] 2002, 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 twenty-five thousand one hundred twenty-five dollars ($125,125)] one hundred thirty-seven thousand six hundred thirty-eight dollars ($137,638).
§ 6. Subdivision a of section 25-426 of the administrative code of the city of New York, as amended by local law number 69 for the year 1996, 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 82nd Street business improvement district beginning on July 1, [1996] 2002, 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 forty thousand dollars ($140,000)] one hundred fifty-seven thousand four hundred twenty dollars ($157,420).
§ 7. Subdivision a of section 25-427 of the administrative code of the city of New York, as amended by local law number 42 for the year 1997, 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 Central business improvement district beginning on July 1, [1997] 2002, 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 [ten million fifty thousand dollars ($10,050,000)] eleven million fourteen thousand eight hundred dollars ($11,014,800).
§ 8. Section 25-428 of the administrative code of the city of New York, as added by local law number 67 for the year 1992, is renumbered section 25-451 and amended to read as follows:
§ 25-451 Church [avenue] 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 [church avenue] Church Avenue business improvement district beginning on July 1, [1992] 2002, 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 ten thousand dollars ($110,000)] one hundred forty-five thousand dollars ($145,000).
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 [church avenue] Church Avenue business improvement district plan.
§ 9. Chapter 5 of title 25 of the administrative code of the city of New York is amended by adding a new section 25-431.1 to read as follows:
§ 25-431.1 Fifth Avenue Association 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 Fifth Avenue Association business improvement district beginning on July 1, 2002, 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 one hundred twenty-six thousand seven hundred sixty-six dollars ($2,126,766).
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 Fifth Avenue Association business improvement district plan.
§ 10. Chapter 5 of title 25 of the administrative code of the city of New York is amended by adding a new section 25-432.1 to read as follows:
§ 25-432.1 Fashion Center 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 Fashion Center business improvement district beginning on July 1, 2002, 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 million dollars ($4,000,000).
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 Fashion Center business improvement district plan.
§ 11. Subdivision a of section 25-434 of the administrative code of the city of New York, as amended by local law number 93 for the year 1995, 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 Hub Third Avenue business improvement district beginning on July 1, [1995] 2002, 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 sixty-nine thousand nine hundred twenty-seven dollars ($269,927)] three hundred nine thousand nine hundred twenty-seven dollars ($309,927).
§ 12. Subdivision a of section 25-435 of the administrative code of the city of New York, as amended by local law number 32 for the year 1994, 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 Flatbush Avenue business improvement district beginning on July 1, [1994] 2002, 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 fifty thousand six hundred twenty-five dollars ($250,625)] two hundred ninety-one thousand two hundred dollars ($291,200).
§ 13. Subdivision a of section 25-436 of the administrative code of the city of New York, as amended by local law number 69 for the year 1996, 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, [1996] 2002, 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 [seventy-five thousand seven hundred forty-eight dollars ($75,748)] eighty-five thousand three hundred seventy-five dollars ($85,375).
§ 14. Chapter 5 of title 25 of the administrative code of the city of New York is amended by adding a new section 25-437.1 to read as follows:
§ 25-437.1 125th Street 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 125th Street business improvement district beginning on July 1, 2002, 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 twenty-five thousand dollars ($525,000).
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 125th Street business improvement district plan.
§ 15. Chapter 5 of title 25 of the administrative code of the city of New York is amended by adding a new section 25-439.1 to read as follows:
§ 25-439.1 White Plains Road 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 White Plains Road business improvement district beginning on July 1, 2002, 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 ninety thousand dollars ($90,000).
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 White Plains Road business improvement district plan.
§ 16. Subdivision a of section 25-440 of the administrative code of the city of New York, as added by local law number 69 for the year 1996, 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 Washington Heights business improvement district beginning on July 1, [1996] 2002, 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 eleven thousand seven hundred dollars ($211,700)] three hundred eleven thousand seven hundred dollars ($311,700).
§ 17. Subdivision a of section 25-444.1 of the administrative code of the city of New York, as added by local law number 69 for the year 1996, 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 14th Street-Union Square business improvement district beginning on July 1, [1996] 2002, 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 fifteen thousand dollars ($915,000)] one million one hundred eighty-nine thousand five hundred dollars ($1,189,500).
§ 18. Chapter 5 of title 25 of the administrative code of the city of New York is amended by adding a new section 25-450.1 to read as follows:
§ 25-450.1 Lincoln 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 Lincoln Square business improvement district beginning on July 1, 2002, 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 six hundred sixty-five thousand dollars ($1,665,000).
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 Lincoln Square business improvement district plan.
§ 19. Chapter 5 of title 25 of the administrative code of the city of New York is amended by adding a new section 25-454.1 to read as follows:
§ 25-454.1 Montague Street 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 Montague Street business improvement district beginning on July 1, 2002, 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 twenty-four thousand five hundred dollars ($124,500).
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 Montague Street business improvement district plan.
§ 20. This local law shall take effect immediately and shall be retroactive to and deemed to have been in full force and effect as of July 1, 2002.