§ 489-cccc. Temporary commercial incentive area boundary commission;\nclasses of area; excluded areas. 1. Any city enacting a local law\npursuant to section four hundred eighty-nine-bbbb of this title shall\nestablish a temporary commercial incentive area boundary commission to\nconsist of the deputy mayor for economic development and planning, the\ncommissioner of finance, the chair of the city planning commission, the\ndirector of management and budget, the borough presidents, the speaker\nof the city council and a public member appointed by the mayor to serve\nat the mayor's pleasure. Each member except the public member shall have\nthe power to designate an alternate to represent him or her at\ncommission meetings to exercise all the rights and powers of such\nmember, including the right to vote, provided that such designation be\nmade in writing to the chair of the commission. The deputy mayor for\neconomic development and planning shall be the chair of the commission.\nEach borough president shall be entitled to vote only on the designation\nof areas within his or her borough. Commission members who shall be\nofficers or employees of such city shall serve without compensation but\nshall be reimbursed for expenses necessarily incurred in the performance\nof their duties. Any other commission member shall receive as exclusive\ncompensation for his or her services one hundred dollars per diem,\nprovided, however, that the total compensation paid to any such member\nshall not exceed twelve hundred dollars for any calendar year. A\nmajority of members of such commission entitled to vote on a matter\nshall constitute a quorum for such issue. Decisions shall be made by\nmajority vote of those present entitled to vote on a matter.\nNotwithstanding any other law to the contrary, no officer or employee of\nthe state or any of its subdivisions or any public benefit corporation\nshall be deemed to have forfeited his or her office or employment or any\nbenefits provided under the retirement and social security law or under\nany public retirement system maintained by the state or any of its\nsubdivisions by reason of accepting membership on such commission.\n 2. (a) The commission shall meet in nineteen hundred ninety-two,\nnineteen hundred ninety-five, nineteen hundred ninety-nine and two\nthousand four to determine the boundaries of the various areas which it\nis authorized to designate pursuant to this section. The areas\ndesignated by the commission in effect as of December thirty-first,\nnineteen hundred ninety-one shall remain in effect until the first\ntaxable status date after the local legislative body approves a new\ndesignation pursuant to paragraph (d) of this subdivision.\n (b) Not later than October first of each year when areas are to be\ndesignated, the commission shall publish a notice at least once in the\ncity's official paper or a newspaper of general circulation in the city\nsetting forth the proposed boundaries of areas to be designated and the\ndate, not earlier than five nor later than fifteen days following the\npublication of such notice, on which the commission will hold a public\nhearing to hear all persons interested in the designation of areas. A\ncopy of such notice shall be forwarded to the local legislative body and\neach community board of the city.\n (c) The commission shall make such designation, and notify the local\nlegislative body of such designation, not later than November first of\neach year when areas are to be designated. The designation shall be\neffective as provided in paragraph (d) of this subdivision.\n (d) Within thirty days after the first stated meeting of the local\nlegislative body following the receipt of notice of such designation,\nthe local legislative body may, by majority vote, disapprove such\ndesignation. If, within such thirty-day period, the local legislative\nbody fails to act or fails to act by the required vote, the local\nlegislative body shall be deemed to have
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