The opinion of the court was delivered by: Denise Cote, District Judge:
MEMORANDUM OPINION & ORDER
In a May 3, 2012 Opinion (the "May 3 Opinion") the Court sustained the Government's objections to certain sections of the Honorable Gabriel Gorenstein's March 16 Opinion (the "Magistrate Judge's Opinion") and adopted the recommendations in the November 14, 2011 Report and Recommendation (the "Report") of James E. Johnson (the "Monitor") relating to the obligation of Westchester County (the "County") to promote source-of-income legislation. On May 15, the County moved for a stay of enforcement of the May 3 Opinion pending appeal.*fn1 The County's motion is denied.*fn2
The facts giving rise to this dispute are set forth in the May 3 Opinion, familiarity with which is assumed. See United States ex rel. Anti-Discrimination Ctr. v. Westchester County, New York, No. 06 Civ. 2860 (DLC), 2012 WL 1574819 (S.D.N.Y. May 3, 2012). The Government and the County are parties to an August 10, 2009 consent decree (the "Settlement"). The Settlement resolved False Claims Act litigation based upon false certifications made by the County to federal housing officials, which exposed the County to over $150 million in potential liability. The Settlement required the County to take numerous steps to affirmatively further fair housing. As one of its "additional obligations" to affirmatively further fair housing, the County is required under ¶ 33(g) of the Settlement to "promote, through the County Executive, legislation currently before the [County's] Board of Legislators to ban 'source-of-income' discrimination in housing."
On June 14, 2010, the Board of Legislators (the "Board") passed source-of-income legislation. County Executive Robert Astorino vetoed the legislation on June 25.
The Settlement requires the County to submit an Analysis of Impediments ("AI") to fair housing acceptable to the Department of Housing and Urban Development ("HUD"). On July 13, 2011, HUD rejected a revised AI submitted by the County because the County had failed to incorporate corrective actions previously specified by HUD regarding "promotion of source-of-income legislation [and] plans to overcome exclusionary zoning practices." As a consequence, the County lost access to federal funding controlled by HUD.
The County invoked the Settlement's dispute resolution procedures on July 20. In response, the Government in an August 18 letter asked the Monitor to resolve whether the County was in compliance with its Settlement obligation to promote source-of-income legislation.*fn3
After receiving briefing from the parties, the Monitor in his November 14 Report found the County in breach of its Settlement obligation to promote source-of-income legislation. The Monitor recommended, pursuant to ¶ 13(c) of the Settlement, that "a reasonable interpretation of 'promotion' of legislation could encompass, at a minimum, requesting that the legislature reintroduce the prior legislation, providing information to assist in analyzing the impact of the legislation, and signing the legislation passed."
The County filed objections to the Monitor's Report with the Magistrate Judge. On March 16, 2012, the Magistrate Judge found that the County had not breached its obligation to promote source-of-income legislation, and sustained the County's objections to those sections of the Monitor's Report.
The Government then filed objections to the Magistrate Judge's Opinion with this Court. Ruling, inter alia, on the definition of the word "promote" in ¶ 33(g) of the Settlement, the Court sustained the Government's objections. 2012 WL 1574819, at *5-*6. The Court adopted those sections of the Monitor's Report, finding that the County had breached its obligation to promote source-of-income legislation, and set forth steps necessary for the County to return to compliance with the Settlement. Id. at *6-*7.
The County filed its notice of appeal on May 15, and on the same day moved for a stay pending appeal. Accommodating the Court's request for expedited briefing of its response to the motion, the Government opposed the application for a stay on May 16.
"[T]he party requesting a stay bears the burden of showing that the circumstances justify an exercise of the Court's discretion." Maldonado-Padilla v. Holder, 651 F.3d 325, 328 (2d Cir. 2011) (citation omitted). Courts consider the following factors in determining whether to grant a stay pending appeal: (1) whether the stay applicant has made a strong showing that he is likely to succeed on the merits; (2) whether the applicant will be irreparably injured absent a stay; (3) whether the issuance of the stay will substantially injure the other parties interested in the proceeding; and (4) where the public interest lies.
S.E.C. v. Citigroup Global Markets Inc., 673 F.3d 158, 162 (2d Cir. 2012) (per curiam) (citation omitted). "[T]he degree to which a factor must be present varies with the strength of the other factors, meaning that more of one factor excuses less of another." In re World Trade Center ...