Section 215. Ten-year capital strategy  


Latest version.
  • a. The ten-year capital strategy
      shall be issued by the mayor pursuant to section two hundred forty-eight
      after (i) submission of a preliminary strategy by the department of city
      planning and the office of management and budget pursuant to section two
      hundred twenty-eight, and (ii) submission of a report on the preliminary
      strategy by the city planning commission  following  a  public  hearing,
      pursuant to section two hundred thirty-four.
        b.  Contents  of  ten-year  capital  strategy.  Each  ten-year capital
      strategy shall include:
        (1) a narrative describing the strategy for  the  development  of  the
      city's  capital facilities for the ensuing ten fiscal years; the factors
      underlying such  strategy  including  goals,  policies  constraints  and
      assumptions  and  the  criteria  for  assessment  of  capital needs; the
      anticipated sources of financing for such strategy; and the implications
      of the strategy, including possible economic, social  and  environmental
      effects;
        (2)  tables  presenting  the  capital commitments estimated to be made
      during each of the ensuing ten fiscal years,  by  program  category  and
      agency.   Where  revelant  the  anticipated  sources  of  financing  for
      particular categories and projects shall be specified; and
        (3) a map or maps which illustrate major components of the strategy as
      relevant.
        c. In the preparation of the preliminary  ten-year  capital  strategy,
      the  department  of  city  planning  and office of management and budget
      shall consider (i) the strategic policy statements of the mayor and  the
      borough   presidents   pursuant  to  section  seventeen,  (ii)  relevant
      citywide, borough and community plans adopted pursuant  to  section  one
      hundred  ninety  seven-a,  and (iii) the reports pursuant to section two
      hundred fifty-seven comparing the most recent ten-year capital  strategy
      with  the  capital  budgets  and  programs  adopted  for the current and
      previous fiscal years.