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L.L. 1990/045
Enactment date: 7/12/1990
Int. No. 477
By Council Member Berman (Read and referred to the Committee on Finance) (Passed under a message of necessity from the Mayor)
A Local Law to amend the administrative code of the city of New York, in relation to the use of daily compounding in computing interest on late payments of real property taxes, water and sewer charges, and other charges related to real property, and in relation to the rate of interest applicable to late payments of real property taxes on parcels on which the annual real property tax is not more than two thousand seven hundred fifty dollars
Be it enacted by the Council as follows:
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[Consolidated provisions are not included in this Appendix A]
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§ 10. This local law shall take effect immediately and shall apply to declarations of estimated tax and installment payments on account thereof due after June 15, 1990 for taxable years beginning on or after January 1, 1990.
L.L. 1990/047
Enactment date: 7/12/1990
Int. No. 479
By Council Member Berman (Read and referred to the Committee on Finance) (Passed under a message of necessity from the Mayor)
A Local Law to amend the administrative code of the city of New York, in relation to the use of daily compounding in computing interest on late payments of real property taxes, water and sewer charges, and other charges related to real property, and in relation to the rate of interest applicable to late payments of real property taxes on parcels on which the annual real property tax is not more than two thousand seven hundred fifty dollars
Be it enacted by the Council as follows:
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[Consolidated provisions are not included in this Appendix A]
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§ 3. This local law shall take effect immediately, provided that:
(a) section one of this local law shall apply to interest accruing on or after July 1, 1990 on amounts (including interest) remaining unpaid on or after such date;
(b) section two of this local law shall apply to installments of taxes on real property which become or remain due and payable on or after July 1, 1990; and
(c) for purposes of section two of this local law, the banking commission may transmit a written recommendation of proposed interest rates to the council prior to the effective date of this local law and the council may adopt a resolution fixing interest rates prior to such effective date, such recommendation and such resolution to be effective as provided in the resolution.
L.L. 1990/048
Enactment date: 7/17/1990
Int. No. 426-A
By Council Member Crispino (Read and referred to the Committee on Parks, Recreation and Cultural Affairs) (Amended June 22, 1990) (Ordered reprinted and laid over)
A Local Law to amend the administrative code of the city of New York, in relation to the creation of a vessel regulation zone
Be it enacted by the Council as follows:
Section one. Legislative findings. The council hereby finds that the lagoon in the Pelham Bay Park is a source for such recreational activities as fishing and rowing for many people and serves as the site to launch canoes, kayaks and other motorless boats. However, the lagoon also is used by persons in speedboats, some of which are trailed by water-skiers, that leave large wakes which present hazards for other recreational activities, not to mention the possible erosion of shore front property. Under the State Navigation Law, the city has the authority to designate speed limits within certain clearly identified bodies of water. Therefore, to ensure a safer environment in the lagoon in Pelham Bay Park, the council hereby finds that this body of water should be designated a vessel regulation zone and that a maximum speed limit of four miles per hour be imposed to better ensure the public's safety.
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[Consolidated provisions are not included in this Appendix A]
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§ 4. This local law shall take effect thirty days after its enactment into law and after approval by the New York State commissioner of parks, recreation and historic preservation.
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