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June 9
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Committee on Finance

Committee Meeting

Committee on Finance

June 9, 201010:00 AMCouncil Chambers - City Hall

The Committee on Finance met on June 9, 2010 and held hearings on 7 bills.

Agenda

AND SUCH OTHER BUSINESS AS MAY BE NECESSARY
Roll Call

Legislation

Bryant Mews, Bronx and Mid-Bronx Plaza, Bronx

LU 0114-2010

Transmitting recommendations of the interest rate to be charged for FY'11 for non-payment of taxes on real estate, and for non-payment of water and sewer rents.

M 0102-2010

Establish that the discount percentage for early payment of real estate taxes be set at one percent (1.0%) per annum for FY'11.

Res 0274-2010

Establish that the interest rate be 9% per annum for FY'11 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.

Res 0275-2010

Establish that the interest rate be 18% per annum for FY'11 for non-payment of taxes on properties with an assessed value of over $250,000, or over $250,000 per residential unit for cooperative apartments.

Res 0276-2010

Establish that the interest rate to be charged for FY'11 for non-payment of water rents and sewer rents be 9% per annum for real property where the assessed value is not more than $250,000, or not more $250,000 per residential unit.

Res 0277-2010

Establish that the interest rate to be charged for FY'11 for non-payment of water rents and sewer rents be 18% per annum for real property where the assessed value is over $250,000, or over $250,000 per residential unit for cooperative apartments.

Res 0278-2010