Official Journal of the City of New York - January 24, 2019
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Source: Official Journal of the City of New York
285
VOLUME CXLVI NUMBER 16
TABLE OF CONTENTS
PUBLIC HEARINGS AND MEETINGS
Build NYC Resource Corporation 285
City Council 286
City Planning Commission 286
Community Boards 289
Board of Education Retirement System 289
Housing Authority 289
Industrial Development Agency 290
Landmarks Preservation Commission 290
Teachers Retirement System 291
Transportation 291
COURT NOTICES
Supreme Court 293
Queens County 293
PROPERTY DISPOSITION
Citywide Administrative Services 294
Office of Citywide Procurement 294
Housing Preservation and Development 294
Police 294
PROCUREMENT
Citywide Administrative Services 295
THURSDAY, JANUARY 24, 2019
Office of Citywide Procurement 295
Correction 295
Central Office of Procurement 295
Education 295
Contracts and Purchasing 295
Environmental Protection 296
Purchasing Management 296
Health and Mental Hygiene 296
Agency Chief Contracting Office 296
Human Resources Administration 297
Commission on Human Rights 297
Parks and Recreation 297
Capital Projects 297
Contracts 298
Office of Payroll Administration 298
Police 298
Contract Administration 298
Quartermaster Section 298
CONTRACT AWARD HEARINGS
Environmental Protection 299
Youth and Community Development 299
SPECIAL MATERIALS
Health and Mental Hygiene 299
Changes in Personnel 299
PUBLIC HEARINGS AND
MEETINGS
See Also: Procurement; Agency Rules
BUILD NYC RESOURCE CORPORATION
PUBLIC HEARINGS
The Build NYC Resource Corporation the Corporation is a not-forprofit local development corporation organized under Sections 402 and 1411 of the Not-for-Profit Corporation Law of the State of New York. In accordance with the aforesaid law, and, pursuant to its certificate of incorporation, the Corporation has the power to issue non-recourse
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THE CITY RECORD
BILL DE BLASIO
Mayor
LISETTE CAMILO
Commissioner, Department of Citywide Administrative Services
ELI BLACHMAN
Editor, The City Record
JANAE C. FERREIRA
Assistant Editor, The City Record Published Monday through Friday except legal holidays by the New York City Department of Citywide Administrative Services under Authority of Section 1066 of the New York City Charter.
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revenue bonds and to make the proceeds of those bonds available for projects that promote community and economic development in The City of New York the City, and to thereby create jobs in the non-profit and for-profit sectors of the Citys economy. The Corporation has been requested to issue such bonds for the financings listed below in the approximate dollar amounts respectively indicated. As used herein, bonds are the bonds of the Corporation, the interest on which may be exempt from local and/or state and/or federal income taxes;
and, with reference to the bond amounts provided herein below, approximately shall be deemed to mean up to such stated bond amount or a greater principal amount not to exceed 10% of such stated bond amount. All square footage amounts and wage information shown below are approximate numbers.
Borrower Name: Success Academy Brook Ave., LLC, a limited liability company, the sole member of which is Success Academy Charter Schools, Inc. SACS, Inc., a not-for-profit corporation exempt from Federal taxation, pursuant to Section 501c3 of the Internal Revenue Code of 1986, as amended the Code, as borrower.
Financing Amount: Approximately $50,000,000 in tax-exempt and taxable revenue bonds the Bonds. Project Description: Proceeds from the Bonds, together with other funds provided by SACS, Inc., or an affiliate of SACS, Inc., will be used to finance: i the tenant fit out, renovation, equipping, and expansion of an existing 113,105 square foot building on an approximately 14,663 square foot parcel of land located at 878 Brook Avenue, Bronx, NY the Facility, ii capitalized interest on the Bonds, and ii certain fees and costs related to the issuance of the Bonds. The borrower proposes to convert the building into a 1,200-student public charter high school to be operated by Success Academy Charter Schools NYC, which is a New York not-for-profit corporation exempt from Federal taxation, pursuant to Section 501c3 of the Code. Address: 878 Brook Avenue, Bronx, NY
10451. Type of Benefits: Tax-exempt bond financing and exemption from City and State mortgage recording taxes. Total Development Cost: $54,154,464. Projected Jobs: 96 full-time equivalent jobs created. Hourly Wage Average and Range: $35.34/hour, estimated range of $26.56/hour to $52.20/hour.
For any updates to project information after the date of this notice, please visit the website of New York City Economic Development Corporation NYCEDC, at www.nycedc.com/buildnyc-project-info.
