For purposes of this chapter:
(a) Appraisal Fee. Appraisal Fee shall mean the amount charged to a grantee, borrower, or recipient for HPD's administrative costs in connection with a Simple Appraisal or a Complex Appraisal.
(b) Certificate of Incorporation Fee. Certificate of Incorporation Fee shall mean the amount charged to an applicant for HPD's administrative costs in connection with the review of the formation or dissolution of a housing development fund corporation pursuant to Article XI of the Private Housing Finance Law or any amendment to the certificate of incorporation of a housing development fund corporation.
(c) City-owned Property. City-owned Property shall mean real property title to which is held by the City of New York.
(d) Complex Appraisal. Complex Appraisal shall mean an investigation by an appraiser to estimate the value of a property that is the basis of underwriting of a loan or grant or that will be conveyed from City to private ownership where such property consists of:
(1) six or more tax lots consisting entirely of vacant land, for which the valuation can be made solely based upon available comparable sales data; or
(2) any improved residential property consisting of four or more class A units; or
(3) any improved property consisting of a combination of commercial and residential uses; or
(4) any property consisting of a combination of vacant and improved land; or
(5) any other complex development project consisting of a combination of uses.
(e) Equal Employment Compliance Fee. "Equal Employment Compliance Fee" shall mean the amount charged to both a project sponsor and to a prime contractor for HPD's administrative costs in processing and reviewing employment reports required to be submitted pursuant to Executive Order 50 of 1980.
(f) HPD. HPD shall mean the Department of Housing Preservation and Development of the City of New York.
(g) Labor and Prevailing Wage Compliance Fee. "Labor and Prevailing Wage Compliance Fee" shall mean the amount charged to a project sponsor for each project for HPD's administrative costs in processing and reviewing compliance with the Federal Davis Bacon Act (40 U.S.C. §§ 3141 et seq.), State Labor Law §§ 220 and 230, Real Property Tax Law § 421-a(8), and New York City Administrative Code § 6-109 labor and prevailing wage requirements.
(h) License Agreement Fee. License Agreement Fee shall mean the amount charged to an applicant for HPD's administrative costs in connection with preparing each license agreement or renewal thereof for short-term use of City-owned property. Such fee shall not be deemed to be a rental or use and occupancy charge.
(i) Mortgage Servicing Fee. Mortgage Servicing Fee shall mean the amount charged to a grantee, borrower, or recipient for HPD's administrative costs in connection with processing requests to subordinate, satisfy or otherwise modify HPD debt.
(j) Simple Appraisal. Simple Appraisal shall mean an investigation by an appraiser to estimate the value of a property that is the basis of underwriting of a loan or grant or that will be conveyed from City to private ownership where such property consists of:
(1) five or fewer tax lots consisting entirely of vacant land, for which the valuation can be made solely based upon available comparable sales data; or
(2) any improved residential property consisting of not more than three class A residential units for which the valuation can be made solely based upon available comparable sales data.
(Amended City Record 9/14/2020, eff. 10/14/2020)
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