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Record staffers bring you information on the comings and goings of New York's Collar City.

Wednesday, April 7, 2010

Mayor Tutunjian releases CDBG recommendations

Mayor Harry Tutunjian announced today his recommendations for the distribution of Community Development Block Grant funding, including $1.2 million towards reinvestment in South Troy and $165,942 towards the expansion of recreational facilities like Knickerbacker Pool and Frear Park.

The recommendations are part of the 2010 One Year Action Plan, up for vote before the City Council.

According to the Mayor's recommendations, it appears that this year's CDBG funding has increased by over $800,000 when compared to last year's CDBG recommendations. According to Deputy Director of Public Information Jeff Pirro, the U.S. Department of Housing and Urban Development discovered internally last year that it was under-allocating funds to certain cities, like Troy, and as a result has given Troy more money this year to correct that.

Additionally, $250,000 of the extra money is a result of the city no longer having to make loan repayments to Vulcan Properties as part of the River Triangle Building Rehabilitation.

Councilman Mark McGrath, R-District 2, released a statement in support of the investment in Knickerbacker Pool, saying "I support this plan with the understanding that our kids are our most important asset."

Below is the full list of recommendations released by Tutunjian. What do you think? Are there areas that could use more CDBG funding? How do you feel about the reinvestment in South Troy?

Project

Applicant

Amount




Planning and Administration


$410,000

CDBG Program Administration

City of Troy (Housing)

$400,000

Homelessness Management Information Systems

Corporation for AIDS Research, Education, and Services, Inc.

$10,000




Neighborhood Livibility


$750,000

Street Improvements (Street Paving)

City of Troy (DPW/Engineering)

$300,000

Code Enforcement

City of Troy (Code Enforcement)

$300,000

Elevator for Wheelchair access to 15-17 3rd Street

Independent Living Center of the Hudson Valley

$50,000

Vacant Building Demolitions

City of Troy (Code Enforcement/Public Works)

$100,000




Recreation


$165,942

Refurbish Kncikerbacker Pool Locker Room & Bathrooms

Recreation Dept.

$20,000

Frear Park Pavilion Restroom

Recreation Dept.

$40,000

Frear Park Tennis Court Resurfacing

Recreation Dept.

$40,000

Frear Park Fountain Repair

Recreation Dept.

$30,000

City-wide Park Fencing

Recreation Dept.

$35,942




South Troy Area Reinvestment


$1,200,000

South Troy Reinvestment Target Area

City of Troy Enginnering/ Housing

$1,200,000




Decent Housing


$100,000

Homeowner Housing & Energy Improvement Program

City of Troy (Housing)

$100,000




Public Service


$180,000

After School Child Care and Summer Camp Scholarships

Troy Youth Association, Inc.

$25,000

School Age Child Care Program Scholarship Fund

Lansingburgh Boys & Girls Club

$25,000

After School Program & Teen Program

Troy Boys & Girls Club

$25,000

Roarke Connections

Roarke Center (Catholic Charities)

$20,000

Daycare for Working Poor Families

Catholic Charities: Sunnyside Child Dev.

$20,000

Ready for Work Program

YWCA

$15,000

Joseph's House & Shelter

Joseph's House

$30,000

Unity House Domestic Violence Career Development

Unity House of Troy

$20,000




Homelessness


$90,498

Domestic Violence Shelter Operating Expenses

Unity House of Troy

$24,998

TAUM Furniture Program

Troy Area United Ministries

$13,000

Joseph's House & Shelter

Joseph's House

$32,500

Women In Transition Program

YWCA

$20,000




HOME


$755,942

HOME Administration

City of Troy (Housing)

$70,915

HOME Homebuyer Incentive Program

City of Troy (Housing)

$100,000

HOME Homebuyer Incentive Program (South Troy)


$200,000

Making Homeownership A Reality

THDC-THA

$350,027

THDC CHDO Operating Expenses

THDC-THA

$35,000

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Wednesday, December 17, 2008

River Triangle issues in court again

The city filed a federal lawsuit in U.S. District Court against the River Triangle Company on Nov. 24 demanding a judgment which would direct the company to comply with a "full and just independent accounting of all moneys received and disbursed" by the company over the last 20 years in relation to their ownership of the Dauchy and River Triangle buildings on River Street.

The lawsuit also called for the company to pay whatever sums appear to be owed to the city after the financial audit is completed.
Sections of the court document also noted that the company could owe up to $8.4 million to the city from a Urban Action Development Grant, a Section 108 loan from the U.S. Department of Housing and Urban Development, and additional mortgage fees.

The document also specifically alleged that the RTC had not used its best efforts to lease space in the available buildings and denied leases for potential tenants in light of the fact that the city had agreed to pay loan payments to HUD if the company's cash flow was lower than their semi-annual payment amounts.

To date, the city has paid roughly $5 million for the majority of the RTC's payments through federal Community Development Block Grant funds.

Mark Simmons, a principal partner of the RTC, declined to comment on the matter because he said that had not yet seen the lawsuit and had no knowledge of its contents.

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