Int. No. 779

By Council Members Koppell, White Jr., Comrie, James, Palma, Seabrook, Gerson, Gonzalez, Reyna, Weprin and Liu

A Local Law to amend the administrative code of the city of New York, in relation to regionally significant projects and empire zones.

Be it enacted by the Council as follows:

Section 1.  Statement of legislative findings and intent.  Under Section 957(d)(i) of the General Municipal Law, certain business enterprises located outside the boundaries of an Empire Zone may still be eligible for Empire Zone benefits as a “regionally significant project” because the economic activity of such enterprise is of a nature that is encouraged by the State, and the Administrative Board of such Empire Zone authorizes the designation of such business as a regionally significant project.  The New York State Department of Economic Development and the Hunts Point Empire Zone Administrative Board have determined that the operation in the Bronx of Bronx Westchester Tempering Corporation’s manufacturing facility is projected to create 60 new jobs and has been provisionally approved for Empire Zones benefits as a regionally significant project under Section 957(d)(i) of the General Municipal Law. 

§2. Chapter 7 of title 22 of the administrative code of the city of New York is amended by adding a new section 22-717 to read as follows:

§22-717  Authorization for the designation of a regionally significant project. a. Pursuant to the provisions of article 18-B of the general municipal law, a business enterprise may be designated as a regionally significant project if the criteria set forth in paragraph i of subdivision d of section 957 of such article are met.

 b.  By a resolution of the Hunts Point empire zone administrative board, dated November 13, 2007, such administrative board, in accordance with the provisions of article 18-B of the general municipal law, supported the designation of Bronx Westchester Tempering Corp., having federal employer identification number 26-0803492 and located at 4875 Baldwin Street, Bronx, New York (Block 5130, Lot 103), 4614 Bradley Street, Bronx, New York (Block 5130, Lot 100), and 4612 Bradley Street, Bronx, New York (Block 5130, Lot 101), as a regionally significant project.

c. Pursuant to the provisions of article 18-B of the general municipal law, such regionally significant project shall be as set forth as follows:

Bronx Westchester Tempering Corp., having federal employer identification number 26-0803492 and located at 4875 Baldwin Street, Bronx, New York (Block 5130, Lot 103), 4614 Bradley Street, Bronx, New York (Block 5130, Lot 100), 4612 Bradley Street, Bronx, New York (Block 5130, Lot 101).

§3.  This local law shall take effect immediately except that the commissioner of small business services shall take such actions as are necessary for the administration and implementation of this local law prior to such effective date.

JPS

LS-5381

05-22-08 10:22 a.m.