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1350

THE CITY RECORD

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: The Mount Sinai Hospital the Hospital, a New York not-for-profit hospital institution providing hospital and/or other health-care services, and exempt from Federal taxation, pursuant to Section 501c3 of the Internal Revenue Code of 1986, as amended, as borrower. Outstanding Tax-Exempt Bond Amount: Approximately $98,000,000. Project Description: Modification, to the terms of, and reissuance for Federal tax purposes of, the outstanding amount of tax-exempt revenue bonds originally issued in 2013 for the benefit of the Hospital the Bonds. Proceeds of the Bonds, together with other funds of the Hospital, were used by the Hospital to i finance the costs to renovate, furnish, and equip a portion of an existing 59,000 square foot, 6-story plus partial basement, acute care hospital facility with 228
certified inpatient beds and a 9,900 square foot, 2-story administrative wing, both, located at 25-10 30th Avenue, Long Island City, NY 11102, including but not limited, to the replacement, rehabilitation, modernization and upgrade of the heating, ventilation, air conditioning and electrical systems, the acquisition and installation of window replacements, the renovation and expansion of the waiting area, and the acquisition and replacement of the existing faade and; ii finance the costs of demolition of existing structures and the costs to construct, furnish and equip a new 128,000 square foot, 6-story building, with a new ambulance entrance, located at 30-19 Crescent Street, proximate, to the existing hospital building, with a new ambulance entrance, located at 25-28 30th Avenue, all in Long Island City, NY 10012, including but not limited to a new 19,000 square foot emergency room, imaging and interventional radiology services, new operating rooms, physicians offices, new laboratory, new central sterile process and various support facilities; and iii pay capitalized interest and certain costs related, to the issuance of the bonds. All of the properties described herein are owned and operated by the Hospital and are situated on a single 49,000 gross square foot parcel of land. Type of Benefits: Tax-exempt bond financing and mortgage recording tax exemption. Total Project Cost: $127,036,000 as reported on December 19, 2013. Original Projected Jobs Estimate: 1,400 full time equivalent jobs reported as of April 30, 2019. Original Hourly Wage Average and Range Estimate: Hourly Wage $91.57/hour, estimated range $16.50/hour to $192.30/hour.
Borrower Name: St. Francis College, a New York not-for-profit education corporation exempt from federal taxation, pursuant to section 501c3 of the Internal Revenue Code of 1986, as amended, as borrower, operating as a private college the College. Financing Amount: Approximately $50,000,000 in tax-exempt bonds, to be issued as qualified 501c3 bonds and/or taxable revenue bonds the Bonds. Project Description: Proceeds from the Bonds will be used, as part of a plan of financing, to: i refund and defease bonds issued on August 20, 2010 by the Dormitory Authority of the State of New York DASNY entitled St. Francis College Revenue Bonds, Series 2010
originally issued in the principal amount of $25,000,000 the DASNY
2010 Bonds, the proceeds of which were used to finance a campuswide program of constructing, reconstructing, renovating, installing, upgrading, equipping and/or repairing the interior and exterior of various academic, residential, science, arts and other of the Colleges facilities, including 1 the renovation, furnishing, equipping and/or repairing of the Science, Residence and Arts Buildings and other campus facilities located on the Colleges main campus, at 180 Remsen Street, Brooklyn, NY, including the repair, installation and renewal of roofs, building envelope, new boilers, elevators, plumbing, electrical and fire system upgrades, ventilation equipment, new chillers and cooling towers, 2 the acquisition and installation of servers, equipment, wiring and other information technology infrastructure in the Science Building, and 3 sidewalk replacement and other site work; ii refund and defease bonds issued on December 22, 2014 by DASNY entitled St.
Francis College Revenue Bonds, Series 2014 originally issued in the principal amount of $12,585,000 the DASNY 2014 Bonds, the proceeds of which were used to refund New York City Industrial Development Agency Civic Facility Revenue Bonds 2004 St. Francis College Project originally issued on November 10, 2004, to finance the construction, equipping and furnishing of a new eight-story Academic Center consisting of a new library, fourteen technologically sophisticated classrooms, a performing and communications arts facility and a new meeting room aggregating 35,000 square feet on the Colleges main campus; iii finance and refinance various capital items of personal property on the Colleges campus including classroom furniture, energy efficient upgrades and information technology; iv fund Debt Service Reserve Funds and capitalized interest; and v pay costs of issuance with respect, to the Bonds. Address: 180 Remsen Street, Brooklyn, NY 11201. Type of Benefits: Tax-exempt and taxable bond financing and exemption from City and State mortgage recording taxes. Total Project Cost: Approximately $50,000,000.
Projected Jobs: 396 full-time equivalent jobs retained; 46 full-time equivalent jobs projected. Hourly Wage Average and Range:
average hourly wage: $36.72, hourly wage range of $17.00 to $47.00.
Borrower Name: Union of Orthodox Jewish Congregations of America, d/b/a Orthodox Union OU, a New York not-for-profit
WEDNESDAY, MARCH 11, 2020

corporation exempt from Federal taxation, pursuant to section 501c 3 of the Internal Revenue Code of 1986, as amended, as borrower. OU
offers Kosher certification services, youth services and programs and educational programs. Financing Amount: Approximately $65,000,000 in tax-exempt bonds the Bonds, to be issued as qualified 501c3 bonds. Project Description: Proceeds from the Bonds will be used to finance or refinance the costs of i the acquisition, construction, renovation, equipping and furnishing of one or more condominium units, consisting of 69,000 square feet, on two floors floors three and four of a building, located at 40 Rector Street, New York, NY the Facility; ii funding a debt service reserve fund and capitalized interest; and iii paying for certain costs related, to the issuance of the Bonds. The proposed renovations of the Facility will include the build-out of offices and conference rooms, workstations, kitchens, and other work areas. The Facility will be owned and operated by OU to be used as OUs headquarters and program space.
Address: 40 Rector Street, 3rd and 4th Floors, New York, NY 10006.
Type of Benefits: Tax-exempt bond financing and exemption from City and State mortgage recording taxes. Total Project Cost :
$65,000,000. Projected Jobs: 276 full-time-equivalent jobs retained;
47 full-time-equivalent jobs created. Hourly Wage Average and Range: $52.50/hour, estimated range of $15.00/hour to $137.00/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.
The Corporation is committed to ensuring meaningful access to its programs. If you require any accommodation for language access, including sign language, please contact NYCEDCs Equal Access Officer, at 212 312-3602 or, at EqualAccess@edc.nyc.
Pursuant to Internal Revenue Code Section 147f, the Corporation will hold a public hearing on the proposed financings described hereinabove, at the offices of the NYCEDC, located at One Liberty Plaza, 14th Floor, New York, NY 10006, commencing, at 10:00 A.M., on Thursday, March 26th, 2020. Interested members of the public are invited to attend. The Corporation will invite comments, at such hearing on the proposed financings. In addition, at such hearing the Corporation will provide the public with an opportunity to review the financing application and the cost-benefit analysis for each of the proposed financings. For those members of the public desiring to review project applications and cost benefit analyses before the date of the hearing, copies of these materials will be made available, starting on or about fourteen 14 days prior, to the hearing. Persons desiring to obtain copies of these materials may visit the website of New York City Economic Development Corporation, at www.nycedc.com or may call 212 312-3598. Persons desiring to make a brief statement regarding the proposed financings and transactions should give prior notice, to the Corporation, at the address or phone number shown below. Written comments may be submitted, to the Corporation, to the attention of Ms.
Frances Tufano, at the address shown below. Comments, whether oral or written, must be submitted no later than the close of the public hearing. Please be advised that certain of the aforementioned proposed financings and transactions may possibly be removed from the hearing agenda prior, to the hearing date. Information regarding such removals will be available by contacting ftufano@nycedc.com, on or about NOON, on the Friday preceding the hearing.
Build NYC Resource Corporation Attn: Ms. Frances Tufano One Liberty Plaza, 13th Floor New York, NY 10006
212 312-3598
Accessibility questions: NYCEDCs Equal Access Officer at 212 312-3602
or, at EqualAccess@edc.nyc, by: Thursday, March 26, 2020, 10:00 A.M.

E m11

CITY COUNCIL
PUBLIC HEARINGS

NOTICE IS HEREBY GIVEN, that the Council has scheduled the following public hearings on the matters indicated below:
The Subcommittee on Zoning and Franchises, will hold a public hearing, on the following matters, in the Committee Room, City Hall, New York, NY 10007, commencing at 10:00 A.M.
on March 11, 2020:
QUEENS CB - 2

SEAN OGS

20205193 TCQ

Application, pursuant to Section 20-226 of the Administrative Code of the City of New York, concerning the petition of Sean OG
Enterprises, LLC, d/b/a Sean OGs, for a renewal revocable consent to continue, maintain and operate an unenclosed sidewalk café, located at 6002 Woodside Avenue, Queens.