WEBVTT 1 "jspaeth@cityofutica.com" (2825263616) 00:00:00.000 --> 00:00:14.500 Yeah. Motion to approve the minutes of 16 October 2nd bill on favor? Back to Jones. 2 "Lisa Nagle" (1614465792) 00:00:14.500 --> 00:00:27.496 Yeah, we don't have an update because we're waiting for, well, we're working on the SD with a final paperwork, right, Paul, to get the funding to actually pay for the acquisition. 3 "jspaeth@cityofutica.com" (2825263616) 00:00:27.496 --> 00:00:32.783 Okay yeah I've been following those emails. Yeah. 4 "Lisa Nagle" (1614465792) 00:00:32.783 --> 00:01:01.056 It's amount of paperwork. No updates there. We continue to talk to them once a month although this last month was postponed due to travel reasons. So nothing there other than Paul is continuing to work with them to get them to consider a screening for the substation, so that it's not so imposing, you know, on, on the harbor side of things, but, but that's a work in progress with them. 5 "jspaeth@cityofutica.com" (2825263616) 00:01:01.056 --> 00:01:12.262 Hopefully you introduce that concept early in the process so they can start to digest think about and have that you know. 6 "Lisa Nagle" (1614465792) 00:01:12.262 --> 00:01:19.480 Yeah, they're receptive of it. Yeah, we were just trying to figure out like what is the best and all that. Sure. Yep. 7 "jspaeth@cityofutica.com" (2825263616) 00:01:19.480 --> 00:01:53.445 It's good. Keep that'll keep that. Yeah, I think there's I'm looking trying to look for some other, you know, types of materials, but that seems to be the most common was kind of a standing. Well, just the idea of introducing it, showing some examples, they can take it from there a little bit and keep on keep on yeah because it's an opportunity there, it could could be a really neat. I agree. We saw some things in Europe where they screen the substations where it's you know they really made it kind of mentioned right just two sides yeah yeah so. 8 "Lisa Nagle" (1614465792) 00:01:53.445 --> 00:02:02.998 Yeah, but it's been great. Is it, I always get her name Daria, she's she's been great and diligent in the meeting, so that's still working yeah, thanks. 9 "jspaeth@cityofutica.com" (2825263616) 00:02:02.998 --> 00:02:07.359 I think she just said Dana here that spelled different. 10 "Lisa Nagle" (1614465792) 00:02:07.359 --> 00:02:11.923 Right. Oh, ok. Yeah. Yeah. 11 "jspaeth@cityofutica.com" (2825263616) 00:02:11.923 --> 00:02:16.356 Yeah. All right. Thanks. 12 "Lisa Nagle" (1614465792) 00:02:16.356 --> 00:02:20.264 Do you have any updates before we take the action? 13 "7162****28" (440617984) 00:02:20.264 --> 00:02:23.078 On update on the prominent? 14 "Lisa Nagle" (1614465792) 00:02:23.078 --> 00:02:26.758 Yeah, I mean construction standpoint or anything. 15 "jspaeth@cityofutica.com" (2825263616) 00:02:26.758 --> 00:02:54.570 They, they were waiting on them. They've submitted the last invoice, but we're waiting on them to they had to do some adjustments to the where the where the bubbler system where the is putting two bubblers or which cheer up the water so that it doesn't freeze around the floating unit, you know, back over there. So they had to do some adjustments on where that's being plugged in. 16 "jspaeth@cityofutica.com" (2825263616) 00:02:54.570 --> 00:03:14.570 We're waiting for them to finish that and then we're gonna add they had to add another power line, right? They had the power line, but then where we need a 2nd. We decided to do a stand like kind of a stand up like they don't have to run. Right, closer, right. And we want, we're putting a bottle. 17 "jspaeth@cityofutica.com" (2825263616) 00:03:14.570 --> 00:03:33.192 They're there to plug into the yes got approved. Yeah. So that's the last piece. Yeah cause that ended up being a little bit over the original contract right yeah purchase and sell agreement. 18 "7162****28" (440617984) 00:03:33.192 --> 00:03:38.790 Yeah, thank you mr. Chairman. So before the board today is. 19 "7162****28" (440617984) 00:03:38.790 --> 00:03:56.700 A resolution to convey fee title to the prominod area in in some adjacent parking areas to the city of Utika. So recall you resolved last month or the month before to. 20 "7162****28" (440617984) 00:03:56.700 --> 00:04:12.960 Enter into a license agreement with the city, which has been executed, and now as always contemplated, we're entering into a purchasing sale agreement. The reason we have to bifurcate these two activities is because. 21 "7162****28" (440617984) 00:04:12.960 --> 00:04:32.960 One now that the prominod is completed and this corporation is not that right to operate the prominod nor does it have the financial aware with all to ensure it and maintain it, but it's it and with the completion of the Kayak launch it's ready to be conveyed to the city and the. 22 "7162****28" (440617984) 00:04:32.960 --> 00:04:50.909 Open for public use. So, the corporation is subject to the near State public authority law, which requires that the corporation, you've seen this in your other transactions when it disposes a property that it. 23 "7162****28" (440617984) 00:04:50.909 --> 00:05:06.209 Complies with certain requirements under the public authority law to avoid Vin from selling this to his brother or and I'm not saying you would do that Vin, but it's to avoid abuses and it's very bureau bureaucratic and procedural. 24 "7162****28" (440617984) 00:05:06.209 --> 00:05:23.909 So the resolution before the board today, really what it's saying is the corporation is authorizing the the sale of the prominent area to the city for a $1 as acknowledges that the city is going to own operate, and maintain the prominent upon. 25 "7162****28" (440617984) 00:05:23.909 --> 00:05:43.909 Conveyance, but the big, the big part of the resolution is complying with the public authority law. This is a below fair market value disposition. The statute requires that with any sale of property, the corporation is supposed to obtain an appraisal to determine its fair market value. And that of course that's how the board. 26 "7162****28" (440617984) 00:05:43.909 --> 00:06:02.939 Would evaluate whether a sale price is below or above fair market value, the city is agreeing to take title and for $1 and that you know consideration certainly is that it's going to maintain it, operate it, ensure it, things that the corporation can't even. 27 "7162****28" (440617984) 00:06:02.939 --> 00:06:17.999 So this the paperwork before you is an acknowledgement of the seller, who the purchaser is, what the property is. We've noted that we're really not able to obtain a fair market value of. 28 "7162****28" (440617984) 00:06:17.999 --> 00:06:35.879 You know, as a practical matter it doesn't matter whether the appraisal is $10 or hundred million dollars, corporation cannot operate a prominod, and the city to open it up to the public and maintain it. And we've also indicated that spent about 10000 $10 million. 29 "7162****28" (440617984) 00:06:35.879 --> 00:06:55.181 In proceeds to prepare the prominent or ultimate public youth, the remediation, the construction, the prominad, the parking area, so we've calculated the fair market value to be the approach $10 million, so we've noted that the the value of the property is $10 million disclosing of it for a dollar. 30 "jspaeth@cityofutica.com" (2825263616) 00:06:55.181 --> 00:06:57.707 And we've got reasons. 31 "7162****28" (440617984) 00:06:57.707 --> 00:07:18.659 Preparation is willing to dispose of this for less than fair market value to the city and those reasons are because that is the whole point of this, this statute going back to 2000 the harbor from open it up to the public and redeplot the the the real property. So the resolution before the board today is. 32 "7162****28" (440617984) 00:07:18.659 --> 00:07:38.659 To Convey the property to the city, and the biggest thing is in section four the res resolution the board is making a determination, NO reasonable alternative to the proposed below market value transfer that would achieve the same purposes of the transfer being and it's to act in the public interest by providing title to the. 33 "7162****28" (440617984) 00:07:38.659 --> 00:07:43.593 Premises to the city. And that's the resolution. 34 "jspaeth@cityofutica.com" (2825263616) 00:07:43.593 --> 00:07:46.255 So the two buildings. 35 "7162****28" (440617984) 00:07:46.255 --> 00:08:02.059 And one other little piece here too, we do we do need that this resolution authorizes to execute and negotiate this purchase sale agreement and we have a near final agreement with the city and upon the board's approval today, we need. 36 "7162****28" (440617984) 00:08:02.059 --> 00:08:22.296 To send a notice to the authority budget office, and we have to stand still for 90 days informing the the authority budget office that we're conveying to the city for less than its fair market value. So we hope to be able to convey this property in about 90 days or so from today. 37 "jspaeth@cityofutica.com" (2825263616) 00:08:22.296 --> 00:08:40.249 Okay, any questions, anybody? City is ready to get over there. Yep yep we want to have a grand opening next spring when we can get in there. Looks great. I don't know if anybody's been down there, but Paul and I were down there with the mayor in the. 38 "jspaeth@cityofutica.com" (2825263616) 00:08:40.249 --> 00:08:58.616 Down like right to the spring the week, right. Which I think is probably a good thing, right? I don't think so you know I mean the city doesn't really take it over for 90 days, right? But. 39 "7162****28" (440617984) 00:08:58.616 --> 00:09:13.709 Well, the city has a license, so they already are will, will, after today's vote, the license agreement becomes effective and and the city, will going forward have, you know, should the. 40 "7162****28" (440617984) 00:09:13.709 --> 00:09:29.376 It is in charge of of the harbor, right? So maintenance, you know, opening it up, that's all under the discretion of the city, this corporate has control over that process. 41 "jspaeth@cityofutica.com" (2825263616) 00:09:29.376 --> 00:09:34.889 They won't own it, but they can they're licensed to run it. 42 "jspaeth@cityofutica.com" (2825263616) 00:09:34.889 --> 00:09:52.379 Right, and for 90 days it'll be theirs. Yeah. No questions, can I get a motion? 2nd. All favor? Thanks Bob. 43 "jspaeth@cityofutica.com" (2825263616) 00:09:52.379 --> 00:09:56.472 I've put a ton of work into this. I've seen about a. 44 "Lisa Nagle" (1614465792) 00:09:56.472 --> 00:09:58.595 Way in emails, my eyes are waiting, but. 45 "Lisa Nagle" (1614465792) 00:09:59.894 --> 00:10:02.907 Got it done Bob, so. 46 "7162****28" (440617984) 00:10:02.907 --> 00:10:04.459 Thanks. 47 "jspaeth@cityofutica.com" (2825263616) 00:10:04.459 --> 00:10:07.131 17 building or anything? 48 "Lisa Nagle" (1614465792) 00:10:07.131 --> 00:10:21.785 Go ahead. Well, we are gonna set up a meeting with So 17, oh NO sorry yeah I was saying 30 buildings I don't know anything about the 1917 buildings. Has anybody heard from Salt? 49 "jspaeth@cityofutica.com" (2825263616) 00:10:21.785 --> 00:10:32.613 I actually ran into him walking into bj's on Halloween. He said he's talking to the Paul that guy Paul from the state. I think he means you. 50 "Lisa Nagle" (1614465792) 00:10:32.613 --> 00:10:34.509 We're good. 51 "jspaeth@cityofutica.com" (2825263616) 00:10:34.509 --> 00:11:01.379 Apparently. Cool. Who's helping him out? He's still very interested in the project. So that's not the room where I heard. He goes, No, I'm still very interested. He texted me after that saying he talked to you somewhere yeah and anyway, so, yeah, he reiterated that he's just waiting to hear what's happening with the program. Yes yes, and then, you know, at that point. 52 "jspaeth@cityofutica.com" (2825263616) 00:11:01.379 --> 00:11:21.379 Which Paul from the state has control over apparently. Yeah you all wear a lot. Yeah, so I don't I, you know. 53 "jspaeth@cityofutica.com" (2825263616) 00:11:21.379 --> 00:11:42.929 I'm we're hopeful and so unless we know that outlier dollars and if the state did to support both building improvements, then I would think that he'd still be interested you know I just don't I I told him the way the board understands the situation is it's the 1st writer refusal until he tells the board right he can NO longer proceed than. 54 "jspaeth@cityofutica.com" (2825263616) 00:11:42.929 --> 00:12:01.019 You know, alright. Expressed to us that they want a meeting with with the LDC and about purchasing two properties Jason to the three three building though. 55 "jspaeth@cityofutica.com" (2825263616) 00:12:01.019 --> 00:12:21.019 Revise lot one because we, we are subdividing the three building off of it so the LDC can do the work under the pro housing grant if we get the pro housing grant to do the work. So he wants to buy or MVG wants to buy revised lot number one and lot number two, and they want to begin to. 56 "jspaeth@cityofutica.com" (2825263616) 00:12:21.019 --> 00:12:45.570 To move forward their, the new the new build next to three three building. So they've asked for a meeting on that. And they and they did get some, I guess I can't say that again. They're they're hopefully about some state ok the last moment, yeah. Yeah. SD Canal. Yeah, Canal you wanna talk about that anyway? You go right. 57 "jspaeth@cityofutica.com" (2825263616) 00:12:52.393 --> 00:13:09.589 Oh yeah yeah so so so after long hianas cause they, you know, they came in here during the last administration, they were, they said there's $2 million reserved for the harbor. They asked us to propose some projects and they would review them and determine if, you know, they found them. 58 "jspaeth@cityofutica.com" (2825263616) 00:13:09.589 --> 00:13:28.859 Eligible or acceptable to move forward. We did that. They were positive, but they kind of disappeared for a while. So Brian kept calling Jackie Sylinger at at Canal Corp and she was very positive and said actually things are still in good standing. We want to come out and have a meeting. Like she came out. 59 "jspaeth@cityofutica.com" (2825263616) 00:13:28.859 --> 00:13:48.859 Somebody, we I don't know if you ever met handy I didn't get him before. Andy Marzo from and then Joe Maloney, their chief engineer, and then James Deck Jim Decker, who is their regional person. They came out, we represented the, what we want to do with the $2 million, which was a lot of it's the trail. 60 "jspaeth@cityofutica.com" (2825263616) 00:13:48.859 --> 00:14:05.159 System and the bridget DSA wanted to connect to the canalway trail but the other pieces were restoration of the steam crane because we ran out of money in the arpa. And then this the small bowl lodge with a parking lot on the other side. They were. 61 "jspaeth@cityofutica.com" (2825263616) 00:14:05.159 --> 00:14:20.789 They were totally in support of that. They were completely impressed with the prominent project, extremely excited about what we're doing. They reiterated that's still a big part of what they're planning going forward. 62 "jspaeth@cityofutica.com" (2825263616) 00:14:20.789 --> 00:14:40.079 It's gonna be a part of their, you know, they're gonna make sure it's a big part of the recreation away 2050 plan. So just a great meeting and then you know we talked to them about, we were talking about the lock, you know, the long term, you know, short term, everybody's so focused on the water side. 63 "jspaeth@cityofutica.com" (2825263616) 00:14:40.079 --> 00:14:58.109 Activities. But the longer term though they didn't they do agree that right sizing the lock for smaller boats you know and you know dredging only to the extent to allow you know small recreational craft in there is Do you like that idea? 64 "jspaeth@cityofutica.com" (2825263616) 00:14:58.109 --> 00:15:13.499 They want to work together on that, maybe find other you know state partners, but you know that's next. So you know so we all it was just I think it was really positive. The the the great thing on that was they were a hundred percent. 65 "jspaeth@cityofutica.com" (2825263616) 00:15:13.499 --> 00:15:29.969 They were able to tell us a hundred percent that they're in for $2 million branches NO issues at this point. They basically told us we could start incurring expenses. We could start incurring expenses even. So that was, that was so important for. 66 "jspaeth@cityofutica.com" (2825263616) 00:15:29.969 --> 00:15:49.969 Couple reasons. Well, two big other it it's a match for the, the pedestrian, the loop to harbor bridge, and it's also a match against the pro housing grant that we wrote, you know, the rest of that $2 million, so, you know, it's it's really important for the the future work. So it was just all the way around. 67 "jspaeth@cityofutica.com" (2825263616) 00:15:49.969 --> 00:16:07.949 Yeah. I haven't heard anything recently if. 68 "jspaeth@cityofutica.com" (2825263616) 00:16:07.949 --> 00:16:27.949 If you ever heard anything though. Yeah, we, we heard that other, there's some programs have had announcements that but but we had control housing, I don't think across the state has any announcements yet, so we're just waiting. It seems. 69 "jspaeth@cityofutica.com" (2825263616) 00:16:27.949 --> 00:16:52.819 Positive from the questions we are getting and everything else. I mean we had detailed questions which makes you feel pretty good, but NO word at least summer. The mayor presented on Friday to select members of the regional economic development Council along with Robbesh and. 70 "jspaeth@cityofutica.com" (2825263616) 00:16:52.819 --> 00:17:11.309 Dr. McCarthy from a sonic medical research. Went very well. They didn't give any indication. I'm guessing they'd be announced partnership with the CFAs I don't know that for sure. It suggested January. Really? Yep. 71 "jspaeth@cityofutica.com" (2825263616) 00:17:11.309 --> 00:17:35.953 SD did let us know that that's what I that's what I had been told. Right. ESD did tell us that in the region we were the only community that's already received a DRI to apply for a 2nd one. So I'd like to think our chances are pretty good. I know one of the members, I know one very well received, so good. I'm sure you do. So. 72 "Lisa Nagle" (1614465792) 00:17:35.953 --> 00:17:48.876 Know that the final DRI plans are due, well they're due in December and they're gonna be up finished in early January so I bet they're waiting for this round to be done before they announce the next one, so that makes sense. 73 "jspaeth@cityofutica.com" (2825263616) 00:17:48.876 --> 00:18:17.759 We did include the loop to Harbor Bridge pedestrian bridge is one of the projects yeah the federal money, you know, for the 2 min for the bridge won't won't get through through construction, we'll certainly get through final design of money to spare, but we will need more money to constructure. The common council does have on their agenda tonight resolution. 74 "jspaeth@cityofutica.com" (2825263616) 00:18:17.759 --> 00:18:37.759 Authorizing the mayor to sign the federal agreement for that $2 million as well as the sale of the or the transfer of the prominent from the LDC to the harvard. That they should be acting on tonight. Well, you're gonna be at the 06:00 meeting I'm gonna go over the bridge. 75 "jspaeth@cityofutica.com" (2825263616) 00:18:37.759 --> 00:18:44.339 Ryan and I talked Brian I go over the transfer. Okay Stephanie and I. Okay. 76 "jspaeth@cityofutica.com" (2825263616) 00:18:44.339 --> 00:19:02.489 There might, there'll be some probably questions about the Yeah I mean, yeah, at 06:00, yeah, I don't I don't yeah if you need, like I said, if you need my input I mean is just as. 77 "jspaeth@cityofutica.com" (2825263616) 00:19:02.489 --> 00:19:21.359 Yeah. The ones are even better. 78 "jspaeth@cityofutica.com" (2825263616) 00:19:21.359 --> 00:19:41.359 Anything else we need to talk about? Because of our relationship with the Jackie Sheillinger from Canal Corp, she reached out, sent me an email last week, introducing me to the executive director of the Albany Symphony Orchestra. They have a program whereby they come around on 4 July and I'm. 79 "jspaeth@cityofutica.com" (2825263616) 00:19:41.359 --> 00:20:00.419 Meeting our our having the symphony perform under various communities along the canal. They'd like to be in Yuka, so we met with them today actually. They took a look at the harbor. They're interested. Yeah. Well. 80 "jspaeth@cityofutica.com" (2825263616) 00:20:00.419 --> 00:20:21.559 You need a text home player? We need bathrooms and parking actually. So, if there's nothing else you see the next three meetings December. 81 "jspaeth@cityofutica.com" (2825263616) 00:20:21.559 --> 00:20:46.381 If there's nothing on the agenda, we'll cancel it. Nothing that we have to move, right? It's just an update. We can send an update out by email to everybody, so, so that's tentative 15 January is definitely our next, you know, is in the book, so there's nothing else getting a motion to adjourn Bill 2nd check on favor? Post some move. 82 "Lisa Nagle" (1614465792) 00:20:46.381 --> 00:20:48.623 Thanks everybody. Thanks. 83 "jspaeth@cityofutica.com" (2825263616) 00:20:48.623 --> 00:20:49.556 Right, thanks so much. 84 "Evon M Ervin" (1836987392) 00:20:49.556 --> 00:20:51.286 Hi. 85 "jspaeth@cityofutica.com" (2825263616) 00:20:51.286 --> 00:21:10.404 Only what? You got the shortest. I owe him.