Authorizes the council on the arts to designate Little Panama as a cultural district

This bill authorizes New York City's Council on the Arts to officially designate Little Panama as a cultural district within the city. The legislation establishes specific boundaries for the district, running from President Street to the South, Franklin Avenue to the East, Bergen Street to the North, and Classon Avenue to the West. Under this designation, the council may provide grants, technical assistance, or other support to cultural institutions in the area to promote its cultural significance. The law also allows the council to designate additional cultural districts in the future if they meet similar criteria of being compact, contiguous, and having an identifiable cultural heritage.