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A10189Assembly2009-2010 Session

Authorizes N.Y. city to reconvey certain properties acquired by in rem tax foreclosure in the borough of the Bronx to Davmoricio Co. Inc.

Sponsor Nelson CastroAD-86+1 co-sponsorAffects Local Government
Status
In Assembly Committee
Cities
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Cities

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Who cares

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Sponsors

Primary sponsor
Nelson Castro

Assembly Member · Assembly District 86

1 Co-sponsor

1 Multi-sponsor

History

  1. Referred to cities

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:A10189

Title of bill

An act authorizing the city of New York to reconvey its interest in certain real property acquired by in rem tax foreclosure in the borough of the Bronx to former owner Davmoricio Co. Inc., notwith- standing expiration of the two year period within which application may be made to the city to release its interest in property thus acquired; Block No. 3194, lot No. 27 on tax map for the borough of Bronx

Purpose or general idea of the bill

This bill addresses the concerns associated with the property located at 3246 Grand Avenue, in the borough of the Bronx.

Summary of provisions

This bill authorizes the city of New York to release and reconvey lot 27 in tax block 3194, also known as 2146 Grand Avenue to Davmoricio Co. Inc. This bill has five sections.

Section 1: History of the property.

Section 2: The release and reconvey of the property.

Section 3: The process for the release.

a. Submit Application b. Pay all taxes

Section 4: Legislation dependent on administrative Code of the City of New York.

Section 5: When the act shall take affect.

Justification

The formers owners of the property would like the prop- erty back however the property is currently seized by the city. This legislation will make it possible for the former owner Davmoricio Co. Inc., able to receive the property.

Legislative history

New bill.

FISCAL IMPLICATIONS:; None.

Effective date

This act shall take effect immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.