N.Y.C. Admin. Code § L.L. 2009/089: L.L. 2009/089

Enactment date: 12/28/2009

Int. No. 1014-A

By Council Member White, Jr., Weprin and Mealy

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 recommends the designation of such business as a regionally significant project. The New York State Department of Economic Development has determined that Epic Pharma LLC, a minority-owned pharmaceutical manufacturer is projected to create 50 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.

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[Consolidated provisions are not included in this Appendix A]

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