1 00:00:01,033 --> 00:00:02,867 For you can everybody settle 2 00:00:01,033 --> 00:00:34,967 down and find a seat everybody 3 00:00:02,869 --> 00:00:35,967 a seat good morning and 4 00:00:34,969 --> 00:00:37,535 welcome to new york city york 5 00:00:35,969 --> 00:00:38,970 city council of the committee 6 00:00:37,537 --> 00:00:39,772 on finance at this time can 7 00:00:38,972 --> 00:00:41,506 everybody please silence your 8 00:00:39,774 --> 00:00:42,975 cell phones and no one is t 9 00:00:41,508 --> 00:00:46,044 oapproach the dais chair we are 10 00:00:42,977 --> 00:00:48,781 ready to begin thank you 11 00:00:46,046 --> 00:00:49,581 sergeant okay good morning 12 00:00:48,783 --> 00:00:50,715 good afternoon everybody 13 00:00:49,583 --> 00:00:51,784 welcome to today's meeting of 14 00:00:50,717 --> 00:00:52,584 the committee on finance I'm 15 00:00:51,786 --> 00:00:54,619 councilmember brannon I have 16 00:00:52,586 --> 00:00:55,787 the honor of serving as chair 17 00:00:54,621 --> 00:00:58,857 of this committee before we 18 00:00:55,789 --> 00:01:00,925 begin I want to note today's 19 00:00:58,859 --> 00:01:02,394 meeting marks my final time 20 00:01:00,927 --> 00:01:04,596 chairing the finance committee 21 00:01:02,396 --> 00:01:06,531 over the past four years it 22 00:01:04,598 --> 00:01:07,065 has been a privilege to help 23 00:01:06,533 --> 00:01:09,534 lead this committee through 24 00:01:07,067 --> 00:01:10,535 some of the most consequential 25 00:01:09,536 --> 00:01:13,371 and challenging budget years 26 00:01:10,537 --> 00:01:15,540 in our cities history from 27 00:01:13,373 --> 00:01:16,475 navigating the uncertainty of 28 00:01:15,542 --> 00:01:18,743 the pandemic recovery t 29 00:01:16,477 --> 00:01:19,744 ofighting to protect essential 30 00:01:18,745 --> 00:01:21,112 services to insisting on 31 00:01:19,746 --> 00:01:23,548 transparency and fairness and 32 00:01:21,114 --> 00:01:25,149 how the city raises and spends 33 00:01:23,550 --> 00:01:27,085 our public dollars this 34 00:01:25,151 --> 00:01:28,020 committee has done serious 35 00:01:27,087 --> 00:01:30,555 meaningful work on behalf of 36 00:01:28,022 --> 00:01:32,157 all new yorkers and none of 37 00:01:30,557 --> 00:01:33,791 that happens without an 38 00:01:32,159 --> 00:01:36,027 extraordinary team so I want 39 00:01:33,793 --> 00:01:37,829 to take a second to thank the 40 00:01:36,029 --> 00:01:39,431 mighty finance committee the 41 00:01:37,831 --> 00:01:42,434 council central staff our 42 00:01:39,433 --> 00:01:43,635 speaker our agency partners 43 00:01:42,436 --> 00:01:44,636 for their professionalism and 44 00:01:43,637 --> 00:01:46,505 expertise and tireless 45 00:01:44,638 --> 00:01:48,306 commitment over these past 46 00:01:46,507 --> 00:01:49,241 four years of course want t 47 00:01:48,308 --> 00:01:51,175 othank my colleagues on this 48 00:01:49,243 --> 00:01:51,843 committee for their 49 00:01:51,177 --> 00:01:52,844 collaboration their rigor 50 00:01:51,845 --> 00:01:54,513 their shared belief that 51 00:01:52,846 --> 00:01:55,848 budgets are not just 52 00:01:54,515 --> 00:01:56,915 spreadsheets but moral 53 00:01:55,850 --> 00:01:59,017 documents that reflect our 54 00:01:56,917 --> 00:02:00,919 values and our priorities as a 55 00:01:59,019 --> 00:02:02,587 city we have a full and 56 00:02:00,921 --> 00:02:04,789 important agenda today with 57 00:02:02,589 --> 00:02:06,190 legislation that goes directly 58 00:02:04,791 --> 00:02:08,459 to the core of what new york 59 00:02:06,192 --> 00:02:09,261 er's expect from their 60 00:02:08,461 --> 00:02:10,062 government fairness 61 00:02:09,263 --> 00:02:11,263 accountability and investment 62 00:02:10,064 --> 00:02:12,464 in strong livable 63 00:02:11,265 --> 00:02:14,733 neighborhoods today's item 64 00:02:12,466 --> 00:02:16,068 address how we manage vacant 65 00:02:14,735 --> 00:02:18,670 and distressed properties how 66 00:02:16,070 --> 00:02:21,073 we use and oversee the city's 67 00:02:18,672 --> 00:02:21,874 tax lien tools and how he 68 00:02:21,075 --> 00:02:23,675 strengthen transparency so 69 00:02:21,876 --> 00:02:26,444 communities are not left in 70 00:02:23,677 --> 00:02:27,279 the dark and how we support 71 00:02:26,446 --> 00:02:28,012 affordable housing small 72 00:02:27,281 --> 00:02:29,914 businesses and local economic 73 00:02:28,014 --> 00:02:32,317 growth across our city among 74 00:02:29,916 --> 00:02:33,285 the bills before us today our 75 00:02:32,319 --> 00:02:34,753 legislation to lay the 76 00:02:33,287 --> 00:02:37,355 groundwork for a new york city 77 00:02:34,755 --> 00:02:39,223 land bank giving the city 78 00:02:37,357 --> 00:02:40,024 better tools to take neglected 79 00:02:39,225 --> 00:02:41,393 and tax delinquent properties 80 00:02:40,026 --> 00:02:43,295 and put them back t 81 00:02:41,395 --> 00:02:44,096 oproductive use for the public 82 00:02:43,297 --> 00:02:45,564 good we're also voting on a 83 00:02:44,098 --> 00:02:46,698 package of tax lien reforms 84 00:02:45,566 --> 00:02:50,102 that respond directly to the 85 00:02:46,700 --> 00:02:51,103 work of the council's 86 00:02:50,104 --> 00:02:53,605 temporary task force tax lien 87 00:02:51,105 --> 00:02:55,073 task force which measures and 88 00:02:53,607 --> 00:02:56,508 priorities that prioritize 89 00:02:55,075 --> 00:02:58,009 notice oversight and 90 00:02:56,510 --> 00:02:58,777 accountability especially for 91 00:02:58,011 --> 00:02:59,644 homeowners and condo residents 92 00:02:58,779 --> 00:03:01,446 who deserve clarity and 93 00:02:59,646 --> 00:03:03,782 fairness when leans are sold 94 00:03:01,448 --> 00:03:04,516 and we're also considering 95 00:03:03,784 --> 00:03:06,050 legislation that supports 96 00:03:04,518 --> 00:03:08,086 transparency in the budget 97 00:03:06,052 --> 00:03:08,653 process itself ensuring 98 00:03:08,088 --> 00:03:10,188 deadlines reflect the 99 00:03:08,655 --> 00:03:11,055 realities of mayoral election 100 00:03:10,190 --> 00:03:12,591 years while preserving the 101 00:03:11,057 --> 00:03:15,893 council ability to do our job 102 00:03:12,593 --> 00:03:16,528 thoroughly and responsibly and 103 00:03:15,895 --> 00:03:17,529 finally we're advancing 104 00:03:16,530 --> 00:03:18,997 investments that help keep new 105 00:03:17,531 --> 00:03:20,198 york er's right where they 106 00:03:18,999 --> 00:03:21,199 live approving affordable 107 00:03:20,200 --> 00:03:23,368 housing tax exemptions that 108 00:03:21,201 --> 00:03:24,336 will create and preserve homes 109 00:03:23,370 --> 00:03:26,405 and communities across the 110 00:03:24,338 --> 00:03:27,872 city modifying the budgets t 111 00:03:26,407 --> 00:03:29,007 oresponsibly reflect new 112 00:03:27,874 --> 00:03:30,675 revenues and establishing the 113 00:03:29,009 --> 00:03:34,546 coney island business 114 00:03:30,677 --> 00:03:35,814 oand stronger small businesses 115 00:03:34,548 --> 00:03:38,316 and one of new york city's 116 00:03:35,816 --> 00:03:39,417 most iconic neighborhoods 117 00:03:38,318 --> 00:03:40,685 taken together today's agenda 118 00:03:39,419 --> 00:03:41,553 reflects the work that this 119 00:03:40,687 --> 00:03:45,390 committee has focused on over 120 00:03:41,555 --> 00:03:46,090 the past four years protecting 121 00:03:45,392 --> 00:03:47,225 taxpayers strengthening 122 00:03:46,092 --> 00:03:48,560 neighborhoods and making sure 123 00:03:47,227 --> 00:03:50,428 city policy works for the 124 00:03:48,562 --> 00:03:52,096 people it's supposed to serve 125 00:03:50,430 --> 00:03:53,431 so with that we'll proceed 126 00:03:52,098 --> 00:03:55,099 with today's agenda today the 127 00:03:53,433 --> 00:03:56,734 committee will vote on the 128 00:03:55,101 --> 00:04:00,938 following items propose intro 129 00:03:56,736 --> 00:04:01,640 number 5 70 be sponsored by 130 00:04:00,940 --> 00:04:02,841 councilmember brewer it would 131 00:04:01,642 --> 00:04:05,109 subject to the approval of the 132 00:04:02,843 --> 00:04:05,777 new york state urban 133 00:04:05,111 --> 00:04:06,711 development corporation t 134 00:04:05,779 --> 00:04:08,613 oestablish a land bank for new 135 00:04:06,713 --> 00:04:10,649 york city with powers under 136 00:04:08,615 --> 00:04:11,383 state law relating to the 137 00:04:10,651 --> 00:04:13,385 acquisition warehousing and 138 00:04:11,385 --> 00:04:15,319 transfer of real property t 139 00:04:13,387 --> 00:04:16,521 oimprove local management of 140 00:04:15,321 --> 00:04:19,591 vacant abandoned tax 141 00:04:16,523 --> 00:04:21,059 delinquent and tax foreclosed 142 00:04:19,593 --> 00:04:22,060 properties I want to invite 143 00:04:21,061 --> 00:04:22,394 council member for remarks on 144 00:04:22,062 --> 00:04:24,128 her bill. 145 00:04:22,396 --> 00:04:26,030 >>thank you very much and 146 00:04:24,130 --> 00:04:27,399 cheer brennan you have done a 147 00:04:26,032 --> 00:04:28,266 great job even when you're on 148 00:04:27,401 --> 00:04:29,901 social media you know what the 149 00:04:28,268 --> 00:04:31,403 hell is going on. 150 00:04:29,903 --> 00:04:33,604 >>and it's impressive it's 151 00:04:31,405 --> 00:04:34,606 very impressive and thank you 152 00:04:33,606 --> 00:04:36,008 for your leadership and all 153 00:04:34,608 --> 00:04:38,610 things finance which is the 154 00:04:36,010 --> 00:04:39,077 heart and soul of the city 155 00:04:38,612 --> 00:04:40,879 council. 156 00:04:39,079 --> 00:04:43,181 >>so intro 570 would establish 157 00:04:40,881 --> 00:04:45,149 as you heard the new york city 158 00:04:43,183 --> 00:04:46,685 land bank to help our city 159 00:04:45,151 --> 00:04:48,820 address and ameliorate the 160 00:04:46,687 --> 00:04:50,488 problems related to vacant 161 00:04:48,822 --> 00:04:51,155 abandoned and taxed delinquent 162 00:04:50,490 --> 00:04:52,757 properties land banks which 163 00:04:51,157 --> 00:04:54,626 exist in other parts of the 164 00:04:52,759 --> 00:04:56,294 state and the country are 165 00:04:54,628 --> 00:04:57,896 empowered to purchase tax 166 00:04:56,296 --> 00:05:00,164 lanes and to enforce them. 167 00:04:57,898 --> 00:05:00,965 >>unlike the current tax lien 168 00:05:00,166 --> 00:05:03,035 system where properties go t 169 00:05:00,967 --> 00:05:04,502 othe highest bidder regardless 170 00:05:03,037 --> 00:05:05,837 of intended use this bill 171 00:05:04,504 --> 00:05:07,239 would establish a hierarchical 172 00:05:05,839 --> 00:05:09,441 ranking of priorities for the 173 00:05:07,241 --> 00:05:11,843 use of real property upon 174 00:05:09,443 --> 00:05:13,645 disposal by the land bank one 175 00:05:11,845 --> 00:05:15,046 it would be a use that would 176 00:05:13,647 --> 00:05:17,381 result in the creation or 177 00:05:15,048 --> 00:05:17,649 preservation of affordable 178 00:05:17,383 --> 00:05:19,651 housing. 179 00:05:17,651 --> 00:05:21,253 >>to a youth related t 180 00:05:19,653 --> 00:05:24,522 oindustrial manufacturing or 181 00:05:21,255 --> 00:05:26,458 maritime three as a fresh food 182 00:05:24,524 --> 00:05:28,459 store for as a public space or 183 00:05:26,460 --> 00:05:31,262 place and five is a wildlife 184 00:05:28,461 --> 00:05:32,330 conservation area I know that 185 00:05:31,264 --> 00:05:33,665 this administration 186 00:05:32,332 --> 00:05:34,466 particularly my friend 187 00:05:33,667 --> 00:05:36,734 commissioner of finance is 188 00:05:34,468 --> 00:05:38,636 concerned that they will lose 189 00:05:36,736 --> 00:05:40,104 revenue but to be clear the 190 00:05:38,638 --> 00:05:41,072 prompt resolution of unpaid 191 00:05:40,106 --> 00:05:43,407 city taxes and timely 192 00:05:41,074 --> 00:05:45,143 collection of city taxes 193 00:05:43,409 --> 00:05:48,747 remains essential and I feel 194 00:05:45,145 --> 00:05:50,615 strongly that this bill does 195 00:05:48,749 --> 00:05:52,951 not slack on collecting city 196 00:05:50,617 --> 00:05:57,089 taxes that are old most 197 00:05:52,953 --> 00:05:58,090 importantly is to thank the 198 00:05:57,091 --> 00:06:00,692 absolutely amazing 199 00:05:58,092 --> 00:06:03,962 .>>and nick connell hundreds of 200 00:06:00,694 --> 00:06:06,298 hours on this bill and got it 201 00:06:03,964 --> 00:06:09,367 right and I can totally 202 00:06:06,300 --> 00:06:11,102 .>>collaborated with the and usm 203 00:06:09,369 --> 00:06:11,970 goldsmith from my office. 204 00:06:11,104 --> 00:06:13,671 >>and also council member 205 00:06:11,972 --> 00:06:14,306 sandy nurse who helped all of 206 00:06:13,673 --> 00:06:14,839 these bills get through thank 207 00:06:14,308 --> 00:06:16,508 you very much 208 00:06:14,841 --> 00:06:18,042 .>>thank you council member 209 00:06:16,510 --> 00:06:20,378 just to note we've been joined 210 00:06:18,044 --> 00:06:22,847 by council members brewer 211 00:06:20,380 --> 00:06:25,183 obviously lewis carr powers 212 00:06:22,849 --> 00:06:27,986 william stevens deputy speaker 213 00:06:25,185 --> 00:06:28,653 ayala hudson jose juan salam 214 00:06:27,988 --> 00:06:31,589 sanchez majority leader fahri 215 00:06:28,655 --> 00:06:32,190 ous and majority whip brooks 216 00:06:31,591 --> 00:06:33,724 powers I'm going to read 217 00:06:32,192 --> 00:06:35,259 through the rest of these 218 00:06:33,726 --> 00:06:37,261 bills and then members if they 219 00:06:35,261 --> 00:06:38,162 want to make statements they 220 00:06:37,263 --> 00:06:40,332 can do so after because we've 221 00:06:38,164 --> 00:06:42,366 got a bunch of stuff here a 222 00:06:40,334 --> 00:06:43,802 proposed intro 14 7 a 223 00:06:42,368 --> 00:06:47,005 sponsored by speaker adams 224 00:06:43,804 --> 00:06:47,672 would amend section elevent 225 00:06:47,007 --> 00:06:48,940 h11 2 3 20 of the 226 00:06:47,674 --> 00:06:49,774 administrative code 227 00:06:48,942 --> 00:06:51,343 authorizing the commissioner 228 00:06:49,776 --> 00:06:55,379 of finance to sell tax leans 229 00:06:51,345 --> 00:06:56,881 in their discretion through 230 00:06:55,381 --> 00:06:59,017 december 31 2028 intro 14 11 231 00:06:56,883 --> 00:07:00,218 also sponsored by council 232 00:06:59,019 --> 00:07:01,753 member would implement a 233 00:07:00,220 --> 00:07:03,621 recommendation of the 234 00:07:01,755 --> 00:07:04,889 temporary task force on tax 235 00:07:03,623 --> 00:07:05,957 leans to require the 236 00:07:04,891 --> 00:07:07,692 commissioner of finance t 237 00:07:05,959 --> 00:07:09,493 onotify the board of managers 238 00:07:07,694 --> 00:07:11,195 of a condo if the commissioner 239 00:07:09,495 --> 00:07:12,697 intends to sell a tax lien 240 00:07:11,197 --> 00:07:16,634 that encumber h's a unit 241 00:07:12,699 --> 00:07:18,970 within the condo intro 14 19 a 242 00:07:16,636 --> 00:07:19,704 sponsored by council member 243 00:07:18,972 --> 00:07:20,304 nurse would implement 244 00:07:19,706 --> 00:07:22,374 recommendations of the 245 00:07:20,306 --> 00:07:23,140 temporary task force on tax 246 00:07:22,376 --> 00:07:24,042 lanes to require the 247 00:07:23,142 --> 00:07:25,710 commissioner of finance t 248 00:07:24,044 --> 00:07:28,780 osubmit to the council and post 249 00:07:25,712 --> 00:07:30,114 online an annual report on 250 00:07:28,782 --> 00:07:31,583 properties encumbered by tax 251 00:07:30,116 --> 00:07:33,517 lanes that remain unsatisfied 252 00:07:31,585 --> 00:07:36,188 for 36 months or more after 253 00:07:33,519 --> 00:07:38,690 being sold including weather 254 00:07:36,190 --> 00:07:41,025 inspections by resulted in 255 00:07:38,692 --> 00:07:42,394 violations intro 14 20 a also 256 00:07:41,027 --> 00:07:43,194 sponsored by council member 257 00:07:42,396 --> 00:07:45,763 nurse would require the 258 00:07:43,196 --> 00:07:46,931 commissioner of finance to 259 00:07:45,765 --> 00:07:49,834 require a purchasers of tax 260 00:07:46,933 --> 00:07:50,802 liens to make best efforts to 261 00:07:49,836 --> 00:07:52,937 transfer such lanes to a city 262 00:07:50,804 --> 00:07:55,339 land bank if established upon 263 00:07:52,939 --> 00:07:57,409 certain triggering events 264 00:07:55,341 --> 00:07:58,609 intro 14 20 27 sponsored by me 265 00:07:57,411 --> 00:08:01,079 would establish the coney 266 00:07:58,611 --> 00:08:02,814 island business improvement 267 00:08:01,081 --> 00:08:05,816 district ah a bill sponsored 268 00:08:02,816 --> 00:08:06,484 as well by me would 269 00:08:05,818 --> 00:08:08,686 permanently extend the 270 00:08:06,486 --> 00:08:10,154 deadline for submission of the 271 00:08:08,688 --> 00:08:11,689 pmr in years following the 272 00:08:10,156 --> 00:08:12,823 election of a mayor ah 273 00:08:11,691 --> 00:08:14,225 consistent with the adoption 274 00:08:12,825 --> 00:08:17,295 of the ballot proposal of the 275 00:08:14,227 --> 00:08:18,096 mayor's 20 24 charter revision 276 00:08:17,297 --> 00:08:19,563 commission which extends the 277 00:08:18,098 --> 00:08:20,498 deadline for submission of 278 00:08:19,565 --> 00:08:21,900 their preliminary budget in 279 00:08:20,500 --> 00:08:24,102 those years the bill would 280 00:08:21,902 --> 00:08:25,703 also extend other preliminary 281 00:08:24,104 --> 00:08:28,873 budget deadlines pertaining t 282 00:08:25,705 --> 00:08:30,108 othe preparation of the 2 283 00:08:28,875 --> 00:08:32,977 7budget a pre considered 284 00:08:30,110 --> 00:08:34,112 resolution pre considered yeah y 285 00:08:32,979 --> 00:08:35,179 resolution approving new 286 00:08:34,114 --> 00:08:37,448 designations and changes in 287 00:08:35,181 --> 00:08:39,451 designations of certain 288 00:08:37,450 --> 00:08:43,220 organizations set to receive 289 00:08:39,453 --> 00:08:44,188 funding in the expense budget 290 00:08:43,222 --> 00:08:46,424 for 26 a resolution sponsored 291 00:08:44,190 --> 00:08:47,525 by me to approve a 292 00:08:46,426 --> 00:08:48,893 modification of the city's 293 00:08:47,527 --> 00:08:52,063 budget pursuant to charter 294 00:08:48,895 --> 00:08:53,698 section 107 e approving a new 295 00:08:52,065 --> 00:08:56,000 request received from the 296 00:08:53,700 --> 00:08:58,470 director of to appropriate new 297 00:08:56,002 --> 00:09:04,008 city revenues and 26 in the 298 00:08:58,472 --> 00:09:04,742 amount of $512.1 million and 299 00:09:04,010 --> 00:09:05,276 finally eight preconceived 300 00:09:04,744 --> 00:09:07,078 erred resolutions all 301 00:09:05,278 --> 00:09:08,746 sponsored by me approving real 302 00:09:07,080 --> 00:09:11,015 property tax exemptions under 303 00:09:08,748 --> 00:09:12,216 article 11 and article five o 304 00:09:11,017 --> 00:09:13,951 fthe private housing finance 305 00:09:12,218 --> 00:09:16,754 law for the private following 306 00:09:13,953 --> 00:09:17,355 projects projects addresses 20 307 00:09:16,756 --> 00:09:19,357 29 23 street and council 308 00:09:17,357 --> 00:09:20,158 member of villas district the 309 00:09:19,359 --> 00:09:26,864 tyson apartments and 310 00:09:20,160 --> 00:09:27,499 councilmember cars district 311 00:09:26,866 --> 00:09:28,967 thousand 16 990702700 an 312 00:09:27,501 --> 00:09:31,669 dunion street and council 313 00:09:28,969 --> 00:09:33,938 member hudson's district 314 00:09:31,671 --> 00:09:34,638 longfellow and cluster phase 315 00:09:33,940 --> 00:09:35,373 two and council member 316 00:09:34,640 --> 00:09:37,108 salamanca's district 317 00:09:35,375 --> 00:09:40,044 settlement cluster three and 318 00:09:37,110 --> 00:09:40,778 council member stevens and 319 00:09:40,046 --> 00:09:44,281 salamanca's district and 320 00:09:40,780 --> 00:09:45,649 finally malcolm x to phase b 321 00:09:44,283 --> 00:09:46,918 and council member salam's 322 00:09:45,651 --> 00:09:47,985 district before we proceed 323 00:09:46,920 --> 00:09:49,921 with with statements from my 324 00:09:47,987 --> 00:09:50,989 colleagues I just want to make 325 00:09:49,923 --> 00:09:53,657 a brief statement in support 326 00:09:50,991 --> 00:09:54,859 of intro 427 which would 327 00:09:53,659 --> 00:09:55,927 establish the coney island 328 00:09:54,861 --> 00:09:57,094 business improvement district 329 00:09:55,929 --> 00:10:00,464 coney island is home to more 330 00:09:57,096 --> 00:10:02,400 than 350 businesses and 331 00:10:00,466 --> 00:10:03,701 roughly 50000 residents it 332 00:10:02,402 --> 00:10:04,736 welcomes millions of visitors 333 00:10:03,703 --> 00:10:06,270 every year it's a place known 334 00:10:04,738 --> 00:10:08,005 around the world but it's also 335 00:10:06,272 --> 00:10:09,407 a real neighborhood with 336 00:10:08,007 --> 00:10:11,142 workers families and small 337 00:10:09,409 --> 00:10:12,210 business owners who are there 338 00:10:11,144 --> 00:10:14,178 year round not just in the 339 00:10:12,212 --> 00:10:15,880 summer when the weather is 340 00:10:14,180 --> 00:10:17,215 nice for a long time local 341 00:10:15,882 --> 00:10:17,949 merchants community leaders 342 00:10:17,217 --> 00:10:20,918 and institutions have been 343 00:10:17,951 --> 00:10:23,387 asking for a tool that helps 344 00:10:20,920 --> 00:10:23,955 match coney island's global 345 00:10:23,389 --> 00:10:25,223 reputation with everyday 346 00:10:23,957 --> 00:10:26,490 investment in the basics 347 00:10:25,225 --> 00:10:28,692 cleaner streets coordinated 348 00:10:26,492 --> 00:10:30,461 public safety stronger support 349 00:10:28,694 --> 00:10:31,963 for our small businesses and 350 00:10:30,463 --> 00:10:37,435 smarter year round marketing 351 00:10:31,965 --> 00:10:38,302 creates a locally governed 352 00:10:37,437 --> 00:10:40,572 framework with dedicated 353 00:10:38,304 --> 00:10:43,140 sustainable funding to support 354 00:10:40,574 --> 00:10:44,308 enhanced sanitation and 355 00:10:43,142 --> 00:10:46,410 beautification campaigns small 356 00:10:44,310 --> 00:10:47,178 business services and a place 357 00:10:46,412 --> 00:10:49,247 based economic development so 358 00:10:47,180 --> 00:10:50,582 that coney island looks and 359 00:10:49,249 --> 00:10:52,384 feels cared for every day of 360 00:10:50,584 --> 00:10:54,318 the year this effort builds on 361 00:10:52,386 --> 00:10:55,053 more then a decade of 362 00:10:54,320 --> 00:10:57,455 collaboration led by the 363 00:10:55,055 --> 00:11:00,391 alliance for kony island and 364 00:10:57,457 --> 00:11:01,725 reflects broad support from 365 00:11:00,393 --> 00:11:02,193 small businesses cultural 366 00:11:01,727 --> 00:11:03,327 institutions and community 367 00:11:02,195 --> 00:11:04,195 stakeholders across the board 368 00:11:03,329 --> 00:11:05,997 I want to thank all of them 369 00:11:04,197 --> 00:11:06,798 for their persistence and 370 00:11:05,999 --> 00:11:08,966 partnership and getting us t 371 00:11:06,800 --> 00:11:10,734 othis point and I'm very proud 372 00:11:08,968 --> 00:11:12,003 to be here to get this done 373 00:11:10,736 --> 00:11:13,170 coney island is the people's 374 00:11:12,005 --> 00:11:14,005 playground the bid is about 375 00:11:13,172 --> 00:11:15,940 pride stability and making 376 00:11:14,007 --> 00:11:17,809 sure this iconic neighborhood 377 00:11:15,942 --> 00:11:19,376 continues to thrive for 378 00:11:17,811 --> 00:11:20,478 residents workers and visitors 379 00:11:19,378 --> 00:11:21,879 alike for generations to come 380 00:11:20,480 --> 00:11:24,282 I now want to ask is there are 381 00:11:21,881 --> 00:11:25,817 any of my colleagues who have 382 00:11:24,284 --> 00:11:28,953 statements regarding any of 383 00:11:25,819 --> 00:11:29,954 their bills before we hear 384 00:11:28,955 --> 00:11:30,622 testimony no okay well now 385 00:11:29,956 --> 00:11:32,156 hear testimony from the 386 00:11:30,624 --> 00:11:33,658 department of small business 387 00:11:32,158 --> 00:11:36,260 services on the coney island 388 00:11:33,660 --> 00:11:37,629 bid intro 14 27 we're joined 389 00:11:36,262 --> 00:11:39,297 by deputy commissioner calvin 390 00:11:37,631 --> 00:11:41,433 brown I'm now going to turn it 391 00:11:39,299 --> 00:11:43,267 over to my committee counsel 392 00:11:41,435 --> 00:11:45,837 brian sarfu to swear in 393 00:11:43,269 --> 00:11:47,939 commissioner brown good 394 00:11:45,839 --> 00:11:49,641 afternoon commissioner do you 395 00:11:47,941 --> 00:11:50,041 .>>swear to tell the truth 396 00:11:49,643 --> 00:11:51,309 among. 397 00:11:50,043 --> 00:11:52,376 >>do you swear to tell the 398 00:11:51,311 --> 00:11:54,846 tell nothing but the truth 399 00:11:52,378 --> 00:11:58,650 before this committee of 400 00:11:54,848 --> 00:12:01,052 council members I do you begin e 401 00:11:58,652 --> 00:12:02,120 finance committee I'm calvin t y 402 00:12:01,054 --> 00:12:03,721 commissioner for neighborhood 403 00:12:02,122 --> 00:12:04,856 development at the department 404 00:12:03,723 --> 00:12:07,458 of small business services I'm 405 00:12:04,858 --> 00:12:08,126 joined by my colleague leslie 406 00:12:07,460 --> 00:12:09,927 velasquez the director of bid 407 00:12:08,128 --> 00:12:11,262 development and legislation 408 00:12:09,929 --> 00:12:12,664 today we would like to report 409 00:12:11,264 --> 00:12:14,332 on the results of the 410 00:12:12,666 --> 00:12:15,799 objection file with the city 411 00:12:14,334 --> 00:12:16,668 clerk against I mean against 412 00:12:15,801 --> 00:12:18,336 the establishment of the 413 00:12:16,670 --> 00:12:19,770 proposed coney island business 414 00:12:18,338 --> 00:12:21,072 improvement district as 415 00:12:19,772 --> 00:12:21,739 required by lore the coney 416 00:12:21,074 --> 00:12:24,075 island steering committee 417 00:12:21,741 --> 00:12:26,210 mailed the survey summary of 418 00:12:24,077 --> 00:12:27,945 the city council resolution to 419 00:12:26,212 --> 00:12:29,914 the following parties to each 420 00:12:27,947 --> 00:12:31,349 owner of real property within 421 00:12:29,916 --> 00:12:32,216 the proposed district at the 422 00:12:31,351 --> 00:12:34,418 address shown on the latest 423 00:12:32,218 --> 00:12:36,087 city assessment role to such 424 00:12:34,420 --> 00:12:39,090 other persons as our 425 00:12:36,089 --> 00:12:40,057 registered to the city t 426 00:12:39,092 --> 00:12:41,759 oreceive tax bills concerning 427 00:12:40,059 --> 00:12:43,861 the real property within the 428 00:12:41,761 --> 00:12:45,129 district and to tenants of 429 00:12:43,863 --> 00:12:46,163 each building within the 430 00:12:45,131 --> 00:12:48,099 proposed district furthermore 431 00:12:46,165 --> 00:12:49,166 the coney island bid staring 432 00:12:48,101 --> 00:12:50,568 committee arranged for the 433 00:12:49,168 --> 00:12:52,703 publication of a copy of the 434 00:12:50,570 --> 00:12:55,439 summary of the resolution at 435 00:12:52,705 --> 00:12:57,107 least once in local newspapers 436 00:12:55,441 --> 00:12:58,176 at the conclusion of the 437 00:12:57,109 --> 00:13:02,180 objection period at five p m 438 00:12:58,178 --> 00:13:03,847 on december 12 2025 and taken 439 00:13:02,182 --> 00:13:05,383 into consideration any 440 00:13:03,849 --> 00:13:06,951 objections postmarked by that 441 00:13:05,385 --> 00:13:08,986 date we're happy to report 442 00:13:06,953 --> 00:13:10,922 that there were no objections 443 00:13:08,988 --> 00:13:12,656 that were filed with the city 444 00:13:10,924 --> 00:13:14,258 clerk for properties within 445 00:13:12,658 --> 00:13:15,593 the district the department of 446 00:13:14,260 --> 00:13:16,327 small business services 447 00:13:15,595 --> 00:13:19,063 supports the establishment of 448 00:13:16,329 --> 00:13:20,064 the proposed coney island bed 449 00:13:19,065 --> 00:13:21,799 and hope you vote to approve 450 00:13:20,066 --> 00:13:27,905 it today at this time take any 451 00:13:21,801 --> 00:13:29,373 questions thank you okay well 452 00:13:27,907 --> 00:13:30,341 now here testimony from any 453 00:13:29,375 --> 00:13:35,413 other registered witnesses who 454 00:13:30,343 --> 00:13:40,284 wish to testify on any of 455 00:13:35,415 --> 00:13:42,886 today's legislation okay 456 00:13:40,286 --> 00:13:44,422 seeing none we will now ask 457 00:13:42,888 --> 00:13:46,090 billy martin there you are the 458 00:13:44,424 --> 00:13:46,424 committee clerk to call the 459 00:13:46,092 --> 00:13:47,891 roll 460 00:13:46,426 --> 00:13:48,626 .>>thank you good afternoon 461 00:13:47,893 --> 00:13:49,827 mister chair it's been an 462 00:13:48,628 --> 00:13:52,930 honor thank you for your kind 463 00:13:49,829 --> 00:13:55,032 of for the past few years here 464 00:13:52,932 --> 00:13:56,968 we go william martin committee 465 00:13:55,034 --> 00:14:00,104 clerk roll call vote committee 466 00:13:56,970 --> 00:14:06,844 on finance all items are 467 00:14:00,106 --> 00:14:19,523 coupled chair brennan farias. 468 00:14:06,846 --> 00:14:21,125 >>ayala I okay we'll come back s 469 00:14:19,525 --> 00:14:22,526 chair years here in council in 470 00:14:21,127 --> 00:14:26,798 the floor as the chair of the 471 00:14:22,528 --> 00:14:28,932 finance committee and all your 472 00:14:26,800 --> 00:14:31,202 river thank you louis 473 00:14:28,934 --> 00:14:46,884 .>>just want to congratulate 474 00:14:31,204 --> 00:14:47,218 iron oreennan 475 00:14:46,886 --> 00:14:49,454 .>>brewer 476 00:14:47,220 --> 00:14:50,821 .>>I won't I and I just want t 477 00:14:49,456 --> 00:14:51,022 osay that emory out of is a 478 00:14:50,823 --> 00:14:59,797 rock 479 00:14:51,024 --> 00:15:03,501 .>>star thank you hanks hudson 480 00:14:59,799 --> 00:15:07,204 um imara is a rock star and is 481 00:15:03,503 --> 00:15:08,172 also my constituent and 482 00:15:07,206 --> 00:15:11,308 congratulations to chair 483 00:15:08,174 --> 00:15:11,843 brennan for an amazing fou 484 00:15:11,310 --> 00:15:14,578 ryears running this. 485 00:15:11,845 --> 00:15:17,915 >>committee and I and all o 486 00:15:14,580 --> 00:15:20,084 hsay we have had so much fun on 487 00:15:17,917 --> 00:15:22,486 this committee over the past 488 00:15:20,086 --> 00:15:23,187 four years and I want to thank 489 00:15:22,488 --> 00:15:35,466 chair brennan for being the 490 00:15:23,189 --> 00:15:37,034 leader of that fund I vote aye s 491 00:15:35,468 --> 00:15:39,236 powers I will I on all and 492 00:15:37,036 --> 00:15:42,406 just want to also thank 493 00:15:39,238 --> 00:15:43,006 council member brandon an 494 00:15:42,408 --> 00:15:53,150 amazing four years of 495 00:15:43,008 --> 00:15:54,085 excitement on the committee on 496 00:15:53,152 --> 00:15:56,019 finance sanchez I vote aye on 497 00:15:54,087 --> 00:15:58,155 all and I am going to miss my 498 00:15:56,021 --> 00:15:59,223 big brother next to us at the 499 00:15:58,157 --> 00:16:00,358 dais but I know that you're 500 00:15:59,225 --> 00:16:08,966 going to continue to do 501 00:16:00,360 --> 00:16:09,767 incredible things for our city I 502 00:16:08,968 --> 00:16:12,169 on all and I'm honored that I 503 00:16:09,769 --> 00:16:13,437 was able to have a rock star 504 00:16:12,171 --> 00:16:15,239 rock the finance committee for 505 00:16:13,439 --> 00:16:24,515 the last four years and we're 506 00:16:15,241 --> 00:16:31,122 going to miss you you williams 507 00:16:24,517 --> 00:16:31,655 finished here as I you'll be 508 00:16:31,124 --> 00:16:33,123 missed one 509 00:16:31,657 --> 00:16:34,726 .>>I vote aye and thank you 510 00:16:33,125 --> 00:16:37,060 chair brannon for the hundreds 511 00:16:34,728 --> 00:16:37,995 of hours that you spent 512 00:16:37,062 --> 00:16:43,967 chairing this committee for 513 00:16:37,997 --> 00:16:45,603 the last four years thank you 514 00:16:43,969 --> 00:16:48,038 salaam fort I own all and as 515 00:16:45,605 --> 00:16:50,374 I've learned to say in the 516 00:16:48,040 --> 00:16:51,809 council I like my eye to the 517 00:16:50,376 --> 00:16:52,543 associated with all of the 518 00:16:51,811 --> 00:17:04,888 great remarks to our chair 519 00:16:52,545 --> 00:17:05,356 brannon thank you moya 520 00:17:04,890 --> 00:17:06,958 councilmember carr. 521 00:17:05,358 --> 00:17:08,725 >>thank you I just want t 522 00:17:06,960 --> 00:17:09,560 ocongratulate the chair on his 523 00:17:08,727 --> 00:17:11,094 successful chairmanship of 524 00:17:09,562 --> 00:17:11,895 this committee and in 525 00:17:11,096 --> 00:17:13,364 particular his partnership on 526 00:17:11,897 --> 00:17:16,167 the cold war veterans. 527 00:17:13,366 --> 00:17:17,635 >>and an interest rate reform. 528 00:17:16,169 --> 00:17:19,570 >>a wonderful initiatives we 529 00:17:17,637 --> 00:17:21,905 were able to work on together 530 00:17:19,572 --> 00:17:22,974 and I also want to thank all 531 00:17:21,907 --> 00:17:24,175 the finance staff for the 532 00:17:22,976 --> 00:17:25,576 great work that they do. 533 00:17:24,177 --> 00:17:27,044 >>each and every year during 534 00:17:25,578 --> 00:17:29,446 budget off budget they are a 535 00:17:27,046 --> 00:17:30,314 phenomenal team thank you for 536 00:17:29,448 --> 00:17:39,456 everything and with that said 537 00:17:30,316 --> 00:17:40,724 14 20 a as well as preions 538 00:17:39,458 --> 00:17:42,059 considered resolution 186 539 00:17:40,726 --> 00:17:45,529 which is the transparency 540 00:17:42,061 --> 00:17:46,530 resolution and I on the rest 541 00:17:45,531 --> 00:17:48,899 thank you all items have been 542 00:17:46,532 --> 00:17:50,267 adopted with a vote of 15 I 543 00:17:48,901 --> 00:17:51,735 nthe affirmative zero on the 544 00:17:50,269 --> 00:17:54,271 negative into abstentions with 545 00:17:51,737 --> 00:17:58,475 the exceptions of introduction 546 00:17:54,273 --> 00:17:59,843 hundred 70 a thousand hundre 547 00:17:58,477 --> 00:18:01,479 d70 14 a all right and pre 548 00:17:59,845 --> 00:18:02,213 considered resolution and 549 00:18:01,481 --> 00:18:05,015 organizational zx have been 550 00:18:02,215 --> 00:18:06,416 adopted with 14 with 14 in the 551 00:18:05,017 --> 00:18:09,286 affirmative one in the 552 00:18:06,418 --> 00:18:10,087 negative no abstentions chair 553 00:18:09,288 --> 00:18:10,822 thank you billy all right for 554 00:18:10,089 --> 00:18:16,093 the last time this committee 555 00:18:10,824 --> 00:18:16,093 is adjourned thank