N.Y. Comp. Codes R. & Regs. tit. 3 § 8.5
Current through Register Vol. 46, No. 53, December 31, 2024
Section 8.5 - Optional information that may be included in an application to the superintendent for designation of a proposed banking development districtAn 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.N.Y. Comp. Codes R. & Regs. Tit. 3 § 8.5