Establish that the interest rate be 9% per annum for FY'16 for non-payment of taxes for real estate with an assessed value of not more than $250,000, or not more than $250,000 per residential unit for co-ops.

Resolution to establish that the interest rate be 9 percent per annum for Fiscal Year 2016 for non-payment of taxes on properties with an assessed value of not more than $250,000, or not more than $250,000 per residential unit for cooperative apartments