REMARKS
Approval of finance items and business improvement districts
0:26:28
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38 sec
Speaker Adams announces several finance-related items and business improvement district initiatives to be voted on.
- Mentions a transparency resolution for new designations and changes in organization funding
- Discusses a new 40-year Article 11 tax exemption for buildings in council member De La Rosa's district
- Announces the creation of the Cypress Hills Fulton Business Improvement District
- Notes the expansion and renaming of the Queens Plaza Court Square Business Improvement District to Long Island City Business Improvement District
Adrienne E. Adams
0:26:28
Next, we'll vote on the following finance items.
0:26:30
The transparency resolution proving new designations and changes of certain organizations receiving funding and the expense budget.
0:26:36
A preconceived resolution sponsored by council member Justin Brandon, establishing a new 40 year article 11 tax exemption for 4 buildings in council member De La Rosa's district.
0:26:46
Interruption 898, sponsored by council member Sandy Nerfs and Sean O'Breu, which would create the Cypress Hills Fulton Business important improvement district.
0:26:55
Introduction by council member, Julie Wan, which would expand the existing Queen's Plaza Court Square Business Improvement District and rename it the Long Island City Business Improvement District.