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June 13, 2008

An AY governance bill emerges, aimed at 2009

Atlantic Yards Report

A press conference will be held at City Hall Monday at 10 a.m. to to launch “The Campaign to Reform the Governance of Atlantic Yards,” an initiative to pass new legislation that would reform the governance of the Atlantic Yards project--changes that have been resisted by the Empire State Development Corporation.

The proposed legislation would set into law the governance structure recommended by the BrooklynSpeaks coalition. According to the press release, the Atlantic Yards Governance Act (A11395) would create the “Atlantic Yards Trust” to oversee the project with a board of state and city appointed officials, overseeing policies to mitigate the environmental impact of the project (and recommending additional policies). A “Stakeholders Council” comprised of local residents appointed by local elected officials would advise the Trust.

Among those at the press conference will be Assemblymembers Hakeem Jeffries and Jim Brennan, and City Council members Letitia James and David Yassky, along with Brooklyn community leaders. Given that the state legislative session essentially ends June 23, it's unlikely that the bill would pass the Assembly in time, much less the Republican-controlled state Senate.

However, the Senate may tip Democratic after this year's elections, and the bill, once introduced, can be considered again, said Jeffries, the legislative sponsor.


Posted by lumi at June 13, 2008 5:27 AM