NY Gen Mun L § 505 (2021)
2021 New York Laws GMU - General Municipal Article 15 - Urban Renewal 505 - Urban Renewal Plan and Approval Thereof.

§  505.  Urban  renewal  plan  and  approval thereof. 1. Following the designation of an area pursuant to section five  hundred  four  of  this article,  the  agency  shall  prepare  or  cause to be prepared an urban renewal plan for such area in its entirety or, where the designated area is of such scope that the agency deems it necessary or advisable to have the urban renewal activities to be undertaken  therein  carried  out  in stages,  an  urban renewal plan for a part or portion of such designated area.   2. The urban renewal plan for the designated area, or for  a  part  or portion  of  such area, shall be submitted to the commission which shall certify, after a public hearing held on due notice,  whether  such  plan complies  with  the  provisions  of  subdivision  seven  of section five hundred two of this article and conforms to the finding made pursuant to section five hundred four of this article. The commission  shall  submit its report to the governing body, not later than ten weeks from the date of  referral of the plan to it, certifying its unqualified approval, its disapproval,  or  its  qualified  approval  with   recommendations   for modifications therein.   3.  After  a  public  hearing,  held on due notice after the report is received or due from the commission, the governing body may:  (a) if the commission shall have certified its  unqualified  approval, approve the plan by a majority vote;  (b)  if  the  commission shall have certified its disapproval or shall have failed to make its report within ten weeks from the date such  plan was  submitted  to  it by the agency, nevertheless approve the plan, but only by a three-fourths vote;  (c) if the commission shall  have  certified  its  qualified  approval together  with  recommendations  for  modifications,  approve  the  plan together with the modifications  recommended  by  the  commission  by  a majority  vote,  or approve the plan without such modifications but only by a three-fourths vote.   4. Upon approving the urban renewal plan for the designated  area,  or for  a  part  or  portion  of  such  area, with or without modifications recommended by the commission, the governing body  shall  by  resolution find that:  (a)  The  area is a substandard or insanitary area, or is in danger of becoming a substandard or insanitary area and tends to impair or  arrest the sound growth and development of the municipality.  (b)  The financial aid to be provided to the municipality is necessary to enable the project to be undertaken in accordance with the plan.  (c) The  plan  affords  maximum  opportunity  to  private  enterprise, consistent  with the sound needs of the municipality as a whole, for the undertaking of an urban renewal program.  (d) The plan conforms  to  a  comprehensive  community  plan  for  the development of the municipality as a whole.  (e)  There  is  a  feasible  method for the relocation of families and individuals displaced from the urban renewal area into decent, safe  and sanitary  dwellings,  which are or will be provided in the urban renewal area or in other areas not generally less desirable in regard to  public utilities  and  public  and  commercial  facilities,  at rents or prices within  the  financial  means  of  such  families  or  individuals,  and reasonably accessible to their places of employment.   Upon  approving  an  urban  renewal  plan  for  a part or portion of a designated area, the governing body shall, in addition to the foregoing, also find that the undertaking and carrying out  of  the  urban  renewal activities  in  stages is in the best public interest and will not cause any additional or increased hardship to the residents of such designated area.    5. In a city having a population of one million or more, any action of the council approving an urban renewal plan  shall  be  filed  with  the mayor within five days of such action for approval or disapproval.