Form Reap-Add - Application For Certificate Of Eligibility Of Designated Additional Or Replacement Premises Page 2

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REAP-ADD - Application for Certificate of Eligibility of Designated Additional or Replacement Premises
Page 2
SECTION C: INFORMATION ON ADDITIONAL OR REPLACEMENT PREMISES
You may complete and submit this application for an anticipated move, even if all the requested information is
not yet available. If your current eligible premises are within a revitalization area, your additional or replacement
premises must also be in a revitalization area. A revitalization area is defined as any district in the city zoned C4, C5,
C6, M1, M2, or M3, except the area that is south of 96th Street in Manhattan. Premises cannot be certified as addi-
tional or replacement premises if you maintained employment shares there prior to this application for certification.
q
q
1. Do you intend to move to premises within the eligible REAP area? ..............................................
YES
NO
If “YES,” provide (a) the borough, block and lot number, the address of the premises you intend to move to, and sub-
mit on of the following: a copy of the lease for the premises, a copy of the contract to purchase the premises, or a
copy of the deed if you own the premises; AND (b) a brief description of the business operations that will be moved.
:
:
:
a.
BOROUGH
BLOCK
LOT
:
ADDRESS
b.
:
DESCRIPTION OF BUSINESS OPERATIONS THAT WILL BE MOVED
2. a. Do you own the premises to which you plan to move, or if you will lease the premises,
does the term of the lease extend to a date at least three years after the relocation date
q
q
and the lease commencement date? .......................................................................................
YES
NO
b. Were expenditures in excess of $25 per square foot made for improvements to the
premises, on or after July 1, 2003? If not, do you intend that such expenditures
will be made? ...........................................................................................................................
q
YES
q
NO
IF YOU ANSWERED “YES” TO 2a AND 2b, DO NOT COMPLETE QUESTION 3.
IF YOU ANSWERED “NO” TO ANY PART OF QUESTION 2, YOU MUST
COMPLETE QUESTION 3.
3. a. Do the premises to which you are moving fit any of the following five categories?
(1) Premises are wholly contained in real property that is eligible to receive benefits
q
q
under the City’s Industrial and Commercial Incentive Program (ICIP)? ............................
YES
NO
If YES, submit a copy of the lease and the ICIP Preliminary Certificate of Eligibility.
(2) Premises are wholly contained or situated on real property that has been leased
from the NYC Industrial Development Agency? ................................................................
q
YES
q
NO
If YES, submit a copy of the lease.
(3) Premises are wholly contained in or situated on real property that is owned
q
q
by the City of New York? ...................................................................................................
YES
NO
If YES, submit a copy of the lease.
(4) Premises are wholly contained or situated in real property that is owned by
the Port Authority or the New York State Urban Development Corporation
q
q
or a subsidiary thereof? .....................................................................................................
YES
NO
If YES, submit a copy of the lease.
(5) Premises are wholly contained in or situated in real property that would be eligible
to receive benefits pursuant to the City’s ICIP Program, except that such property is
q
q
exempt from real property taxation?..................................................................................
YES
NO
If YES, submit a copy of the lease and the ICIP Preliminary Certificate of Eligibility.

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