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.
New-york
United-states
Johnstown
Fulton-county
Craig-talerico
David-gilbo
Michael-poulin
Thomasd-herr
Vern-jackson
Mike-capparello
James-mccredie
Christopher-vose
manich@leaderherald.com
JOHNSTOWN The city Planning Board on Tuesday granted a one-year extension on a previously-approved project by Fulton Friendship House to build affordable housing development units off North Perry Street.
Board Chairman Peter K. Smith explained that the agency has a project at 507 N. Perry St.
“Today, we take up an extension,” he said.
Smith said the sale of vacant land for the housing was previously completed by the former owners of the John C. Miller auto dealership to Comet Properties.
“The project has not yet begun construction,” Smith said.
He noted that all the board’s approvals come with a one-year “sunset” provision and Fulton Friendship House didn’t get the project done in a previous timeframe since 2020.
Johnc-miller
Peterk-smith
Christopher-vose
Comet-properties
Common-council
Planning-board
Fulton-friendship-house
North-perry
Chairman-peter
City-engineer-christopher
Friendship-house
Payment-in-lieu
manich@leaderherald.com
JOHNSTOWN The city has to relocate a water main or mains as part of the state’s next safety project on Route 30A.
The Common Council on Feb. 15 at City Hall passed a resolution to authorize the relocation in conjunction with the second phase of the state Department of Transportation’s Routes 30A/29 project.
DOT is proposing reconstruction of Route 30A toward the south a second phase. A similar widening project was done by DOT in 2019 from Townsend Avenue, south to Briggs Street. The new project will stretch from Briggs Street to the Prindle Avenue area.
City officials said the state will include as part of the construction, reconstruction or improvement of the project the relocation and adjustment to water mains. Changes are being made pursuant to state Highway Law.
John-rizzo
Vern-jackson
Christopher-vose
Johnstown-water-department
Malcolm-pirnie-inc
Department-of-transportation
Common-council-on-feb
Common-council
City-hall
Townsend-avenue
Briggs-street
Prindle-avenue
vimarsana © 2020. All Rights Reserved.