Resolution in support of New York City's application for funding for a capital project under the Restore New York Communities Initiative pursuant to Section 16-n of the New York State Urban Development Corporation Act, related to the property known as Timbale Terrace (Block 1767, Lots 1, 2, 3, 4, 67, 68, 69, 71, 72, 168, 169), in the Borough of Manhattan (Preconsidered L.U. No. 79).