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Johnstown Common Council approves $12.2M bond proposal

Johnstown Common Council approves $12.2M bond proposal | The Daily Gazette SECTIONS Shares0 JOHNSTOWN – The Common Council Wednesday night voted unanimously to authorize City Treasurer Mike Gifford to go to the municipal bond market to obtain up to $12.2 million for capital projects the largest bond procurement in the history of the city. The borrowing was reduced from what has been called a $13.7 million “wish list” from the city’s department heads presented to the council on July 19. The lion’s share of the bonding is part of approximately $7.2 million worth of capital projects requested by the city’s independently-elected Water Board, and will be repaid by the city’s water customers and not through property taxes.

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Newcomer Herr wins GOP nod for Johnstown treasurer, other results

Newcomer Herr wins GOP nod for Johnstown treasurer, other results
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Treasurer candidate's death leaves void in Johnstown community

Treasurer candidate’s death leaves void in Johnstown community | The Daily Gazette SECTIONS Shares0 JOHNSTOWN – The May 12 death of Thomas Suydam has left a void in his community and changed the political landscape of what had been shaping up to be one of the most consequential city treasurer races in recent decades. Thomas Suydam, a native of Gloversville, was a certified public accountant who had worked as a partner in the George J. Dorfman & Co. CPA firm, chief financial officer of plastic vial manufacturer Capitol Vial and had run a real estate agency in Mayfield on Route 30. After learning his incumbent City Treasurer Michael Gifford was not running for re-election in November after serving in the position since the 1990s,  Suydam filed a petition to run for the office as a Democrat.

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