Board of Estimate and Contract:
RESOLVED, that an Ordinance adopted by the City Council on May 13, 2026, and signed by the Mayor on May 15, 2026, authorizing the Office of the City Comptroller to establish a Custodial Account for the Development Project Located at 230 West Third Street, Mount Vernon, New York, as follows:
Purpose of Account. The custodial account established pursuant to this Ordinance shall be utilized for costs and expenses related to the development review process, including but not limited to:
1. Reimbursement of attorney fees and professional consultant expenses incurred by the City;
2. Administrative and processing costs associated with project review;
3. Fees related to applications, submissions, and presentations before the City Council and applicable boards; and
4. Any other lawful expenditures associated with the proposed development project.
; be, and the same is hereby approved.
City Council:
AN ORDINANCE AUTHORIZING THE
OFFICE OF THE CITY COMPTROLLER TO
ESTABLISH A CUSTODIAL ACCOUNT FOR THE
THE DEVELOPMENT PROJECT LOCATED AT 230
WEST THIRD STREET, MOUNT VERNON, NEW YORK
Whereas, in correspondence dated May 12, 2026, the Legislative Assistant to the Mount Vernon City Council formally requested authorization the Office of the City Comptroller to establish a custodial account the development project located at 230 West Third Street, Mount Vernon, New York 10550, for the purpose of receiving, holding, managing, and disbursing funds associated with the review and administration of the proposed project; and
Whereas, in correspondence submitted to the City Council, a request was made for authorization permitting the Office of the City Comptroller to establish a custodial account for the development project located at 230 West Third Street, Mount Vernon, New York 10550; and
Whereas, the proposed development project involves the construction and oper...
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