N.Y. GMU Law § 505 — New York Code / Act GMU / Article 15 / Section 505
Urban renewal plan and approval thereof
Status: in_force

§ 505. Urban renewal plan and approval thereof. 1. Following the\ndesignation of an area pursuant to section five hundred four of this\narticle, the agency shall prepare or cause to be prepared an urban\nrenewal plan for such area in its entirety or, where the designated area\nis of such scope that the agency deems it necessary or advisable to have\nthe urban renewal activities to be undertaken therein carried out in\nstages, an urban renewal plan for a part or portion of such designated\narea.\n  2. The urban renewal plan for the designated area, or for a part or\nportion of such area, shall be submitted to the commission which shall\ncertify, after a public hearing held on due notice, whether such plan\ncomplies with the provisions of subdivision seven of section five\nhundred two of this article and conforms to the finding made pursuant to\nsection five hundred four of this article. The commission shall submit\nits report to the governing body, not later than ten weeks from the date\nof referral of the plan to it, certifying its unqualified approval, its\ndisapproval, or its qualified approval with recommendations for\nmodifications therein.\n  3. After a public hearing, held on due notice after the report is\nreceived or due from the commission, the governing body may:\n  (a) if the commission shall have certified its unqualified approval,\napprove the plan by a majority vote;\n  (b) if the commission shall have certified its disapproval or shall\nhave failed to make its report within ten weeks from the date such plan\nwas submitted to it by the agency, nevertheless approve the plan, but\nonly by a three-fourths vote;\n  (c) if the commission shall have certified its qualified approval\ntogether with recommendations for modifications, approve the plan\ntogether with the modifications recommended by the commission by a\nmajority vote, or approve the plan without such modifications but only\nby a three-fourths vote.\n  4. Upon approving the urban renewal plan for the designated area, or\nfor a part or portion of such area, with or without modifications\nrecommended by the commission, the governing body shall by resolution\nfind that:\n  (a) The area is a substandard or insanitary area, or is in danger of\nbecoming a substandard or insanitary area and tends to impair or arrest\nthe sound growth and development of the municipality.\n  (b) The financial aid to be provided to the municipality is necessary\nto enable the project to be undertaken in accordance with the plan.\n  (c) The plan affords maximum opportunity to private enterprise,\nconsistent with the sound needs of the municipality as a whole, for the\nundertaking of an urban renewal program.\n  (d) The plan conforms to a comprehensive community plan for the\ndevelopment of the municipality as a whole.\n  (e) There is a feasible method for the relocation of families and\nindividuals displaced from the urban renewal area into decent, safe and\nsanitary dwellings, which are or will be provided in the urban renewal\narea or in other areas not generally less desirable in regard to public\nutilities and public and commercial facilities, at rents or prices\nwithin the financial means of such families or individuals, and\nreasonably accessible to their places of employment.\n  Upon approving an urban renewal plan for a part or portion of a\ndesignated area, the governing body shall, in addition to the foregoing,\nalso find that the undertaking and carrying out of the urban renewal\nactivities in stages is in the best public interest and will not cause\nany additional or increased hardship to the residents of such designated\narea.\n  5. In a city having a population of one million or more, any action of\nthe council approving an urban renewal plan shall be filed with the\nmayor within five days of such action for approval or disapproval.\n