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Finance items, resolutions, and appointments to city commissions
0:25:17
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Council Member Adams presents a series of finance items, resolutions, and appointments for voting. These include the establishment of a Business Improvement District, tax-related resolutions, and appointments to key city commissions.
- Introduction of the East Harlem 120 Fifth Street Business Improvement District.
- Several resolutions related to interest rates for non-payment of taxes and early payment discounts.
- Appointments and reappointments to the Landmarks Preservation Commission and the New York City Tax Commission.
- Various tax exemptions and designations for funding in the expense budget.
Adrienne E. Adams
0:25:17
Twenty two zero one through February rezoning, a private application to facilitate the development of a new 18 story mixed use building with 145 housing units, 37 to 44 of which will be affordable under MIH in council member Justin Brannan's district.
0:25:36
We will also vote on the following finance items.
0:25:38
Introduction twelve nineteen sponsored by deputy speaker Diana Ayala would establish the East Harlem 120 Fifth Street Business Improvement District in Manhattan.
0:25:47
A pre considered resolution sponsored by council member Justin Brannon would establish that the interest rate be 16% per year for fiscal year twenty twenty six for non payment of taxes on properties with an assessed value of more than $450,000 or more than that per residential unit for cooperative apartments.
0:26:05
A preconsidered resolution sponsored by council member Brannan would establish that the interest rate be 9% per year for fiscal year twenty twenty six for non payment of taxes on properties with an assessed value of more than $250,000, but less than or equal to $450,000 or that range per residential unit for cooperative apartments.
0:26:24
A pre considered resolution sponsored by council member Brandon would establish that the interest rate be 6% per year for fiscal year twenty twenty six for nonpayment of taxes on properties with an assessed value of less than $250,000 or less than per than that per residential unit for cooperative apartments.
0:26:41
Preconsidered resolution sponsored by council member Brandon would establish that the interest rate be two and a half percent per year for fiscal year twenty twenty six for certain properties for which the owner has entered into a payment installment agreement with the Department of Finance for payment of delinquent property taxes, assessments, or other charges.
0:26:57
Pre considered resolution sponsored by council member Brannon would establish that the discount percentage for early payment of real estate taxes be set at half a percent per year for fiscal year twenty twenty six.
0:27:06
A pre considered resolution sponsored by council member Brannon establishing a new forty year article 11 tax exemption and renewing an article five exemption for three lots in council member Carmen de la Rosas district.
0:27:16
A preconsidered resolution sponsored by council member Brannon would approve an article 11 exemption for one lot in council member Keith Powers district.
0:27:22
A preconsidered resolution sponsored by council member Brannon establishing a new forty year article 11 tax exemption for one lot in council member Sheikh Krishnan's district.
0:27:30
A preconsidered resolution sponsored by council member Brannon would approve an article 11 tax exemption for one lot in minority leader Joanne Ariola's district.
0:27:38
A preconsidered resolution sponsored by council member Brandon would approve the new designation and changes in the designation of certain organizations to receive funding in the expense budget.
0:27:47
Next, we will vote on the following appointments.
0:27:50
Stephen Chu reappointed by the mayor to the Landmarks Preservation Commission.
0:27:54
Angie Master reappointed by the mayor to the Landmarks Preservation Commission.
0:27:58
Steven Wilder appointed by the mayor to the Landmarks Preservation Commission.
0:28:02
Erasmus Epembe appointed by the mayor to the Landmarks Preservation Commission, Frank Mahal appointed by the mayor to the Landmarks Preservation Commission, and Robert J Firestone appointed by the mayor as president of the New York City Tax Commission.