NY A08120

Authorizes the New York City Parks Commissioner to enter into an agreement with Kids' Powerhouse Discovery Center Limited Liability Corporation to operate the Bronx Children's Museum on the second floor of Building J in Mill Pond Park in the Bronx.

Allows the agreement to include placement of signs identifying the museum.

Requires the City of New York to dedicate funds equal to or greater than the fair market value of the parkland used for the museum toward acquiring additional parklands and/or capital improvements to park and recreational facilities in the Bronx.

Specifies that the authorized parkland consists of approximately 12,500 square feet on the second floor of Building J in Mill Pond Park.