§ 22-1101 Definitions.
AC § 22-1101
For purposes of this chapter, the following terms shall have the following meanings: Administering agency. The term "administering agency" means the mayor or any and all agencies or offices designated by the mayor to administer or enforce the provision of this chapter. City economic development entity. The term "city economic development entity" means an entity that provides or administers financial assistance on behalf of the city pursuant to paragraph (b) of subdivision 1 of section 1301 of the New York city charter, provided that the term "city economic development entity" shall not include the Brooklyn navy yard development corporation, or any successor entity that becomes the lessee and/or operator of block 2023, lots 1, 50 and 150 in Kings county, commonly known as the Brooklyn navy yard. City financial assistance. The term "city financial assistance" means financial assistance that is provided or administered by the city or by a city economic development entity acting on the city's behalf. Covered contractor. The term "covered contractor" means, with respect to a covered developer for a covered project, a person who has entered into a contract or other agreement with such developer for $1,000,000 or more to perform construction work in connection with such project, except that the term "covered contractor" does not include the city or a city economic development entity. Covered developer. The term "covered developer" means a person who receives city financial assistance in connection with a covered project. Covered project. The term "covered project" means: (i) a construction project that is funded in whole or in part with city financial assistance, other than a tax abatement or exemption, expected to have a present value of $1,000,000 or more where the agreement for providing any part of such assistance is executed, renewed or substantially amended on or after the effective date of the local law that added this chapter; and (ii) a construction project that is funded in whole or in part with city financial assistance in the form of tax abatements or exemptions, where the project has a total estimated cost certified by the applicant of $5,000,000 or more, where the application for such benefits is made on or after the effective date of the local law that added this chapter. The term "covered project" does not include a construction project by a not for profit developer that is intended to provide a site exclusively for the provision of human services including social services such as day care, foster care, home care, homeless assistance, housing and shelter assistance, supportive housing, preventive services, youth services, and senior centers; health or medical services including those provided by health maintenance organizations; legal services; employment assistance services, vocational and educational programs; and recreation programs. Construction work. The term "construction work" means construction, alteration or demolition work, except that the term excludes (i) architectural, engineering, legal, accounting or other professional services; (ii) clerical or other similar office support services; and (iii) the managing, directing or supervising of construction, rehabilitation, alteration or demolition work. Financial assistance. The term "financial assistance" means money or any other thing of value, including, but not limited to, cash payments; grants or other subsidies; loans; bond financing; tax abatements or exemptions; tax increment financing; environmental remediation costs; real property conveyance for less than market value; and write-downs in the market value of buildings, lands or leases or the cost of capital improvements related to real property that, under ordinary circumstances, the city would not pay for. The term "financial assistance" includes both discretionary and as-of-right assistance. (L.L. 2018/036, 1/11/2018, eff. 7/10/2018) Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 2018/036.
