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WTC Records Folder 0140 label, 2001

Machine-extracted title · confidence 100%

Archival folder label from the Office of the Mayor for World Trade Center records, identified as Folder 0140.

NYC-WTC_000136670–000136818

Folder label: “Folder 140

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Scanned page image, NYC-WTC_000136757
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OCR status: ok · source: pdftotext

NYC 9/11 Public Portal Document

Economic Recovery and Revitalization Preliminary Cost Estimate ($ in millions)

World Trade Center Recovery Zone $2,000

I. Incentives to Retain and Expand Employment in Lower Manhattan

> Employee Retention Grants

II. Incentives to Rebuild in New York

➢ Triple Tax Exempt Reconstruction Bonds

➢ Taxable Reconstruction Bonds

➢ Additional Private Activity Bond Authority

> Deductibility of State and Local Sales Taxes

> Accelerated Depreciation, Expanded Business Expense Deduction and Shortened Amortization Benefits for Business Expenses

III. Incentives for Relocation or Expansion in Lower Manhattan

➢ Federally-Backed Sales Tax Exemption for Parcels within the Recovery Zone

> Investment Tax Credits for Investment in Equipment, Security Systems and Smart Buildings Technology Enhancements

IV. Incentives to Retain a Residential Community in Lower Manhattan

> Resident Refundable Credit

J:\PR\WTC\WTC2.doc 10

NYC-WTC 000136757

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NYC-WTC_000136757Source: NYC Law Department, mirrored locally

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