Joint Business and Improvement District and Parks

WHEREAS, The original plan was approved in 1986 and many of the changes consist of updating the language used to describe Bryant Park and the surrounding area; and

WHEREAS, The BID map has changed as well to include the building known as One Bryant Park, which will be shared with another BID, and

WHEREAS, The District Plan clarifies the assessment for the BID, which will not asses class C properties and not-for- profit, but will charge residential properties the same as commercial properties, which the joint committee encourages the City to reconsider; and

WHEREAS, The plan changes the dollar amount of the assessments to include the current rates and properties; therefore be it

RESOLVED, That Community Board Five recommends approval of the amended District Plan for the Bryant Park Business Improvement District.

The above resolution failed with a vote of 9 in favor, 25 opposed, 1 abstention.