3 CRR-NY 8.5NY-CRR
3 CRR-NY 8.5
3 CRR-NY 8.5
8.5 Optional information that may be included in an application to the superintendent for designation of a proposed banking development district.
An application for designation of a banking development district may also (and if the superintendent shall deem such information necessary to a determination, such application shall) include the following:
(a) a narrative description of the population demographics including, but not limited to, the following:
(1) percentage of population age 64 and over;
(2) percentage of population that is non-English speaking;
(3) percentage of population consisting of minorities; and
(4) percentage of population that is disabled;
(b) a narrative description demonstrating coordination of plans for the establishment of the proposed banking development district with other community initiatives;
(c) a narrative description of banking services which are available within the proposed banking development district or a reasonable distance as specified in section 8.4(f)(3) of this Part;
(d) a narrative description of banking services which are not available within the proposed banking development district or a reasonable distance as specified in section 8.4(f)(3) of this Part;
(e) a narrative description of local commercial establishments, including, but not limited to, the number of small, medium, and large businesses located in the proposed banking development district;
(f) a narrative description of significant recent local business developments, including, but not limited to, large corporate restructurings, plant closings, or recent or proposed business openings or expansions; and
(g) indications of community support or opposition for the application, as evidenced by letters from entities such as local chambers of commerce, local businesses, community-based organizations, non-profit organizations, government officials, or community residents.
3 CRR-NY 8.5
Current through January 31, 2023
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.