N.Y.C. Admin. Code § L.L. 2005/084: L.L. 2005/084

Enactment date: 9/27/2005

Int. No. 693

By the Speaker (Council Member Miller) and Council Members Gerson, Brewer, Gennaro, Liu, Sanders Jr., Weprin and The Public Advocate (Ms. Gotbaum)

A Local Law to amend the administrative code of the city of New York, in relation to establishing a Chinatown/Lower East Side empire zone and the repeal of section 22-715 of such code.

Be it enacted by the Council as follows:

Section 1. Declaration of legislation findings and intent. Section 961 of the general municipal law provides that a city may adopt a local law authorizing the submission of an application to the New York state commissioner of economic development for designation of an area within the city as an empire zone. Subdivision (f) of section 958 of the general municipal law authorizes the creation of an empire zone designated as the Chinatown Empire Zone, although the boundaries authorized for such zone also include geographic areas generally referred to as "the Lower East Side". The Council believes that the designation of such Chinatown/Lower East Side Empire Zone could greatly benefit the city of New York in that new businesses would be encouraged to locate in the zone, existing businesses would be encouraged to expand in the zone, and new and expanded businesses would generate new jobs for city residents.

§ 2. The city of New York is authorized to submit an application to the New York state commissioner of economic development for designation of an area within the city of New York as an empire zone, the boundaries of which area are set forth in section three of this local law.

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[Consolidated provisions are not included in this Appendix A]

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§ 4. This local law shall take effect immediately.