►
Description
Meeting discussing Resolution 13.21.21R and Ordinances 44.122.20 and 45.122.20.
A
A
We're
joined
tonight
by
committee
members,
judy
deshay,
mike
o'brien
and
myself,
I'm
just
trying
to
count
the
three
and
I
keep
forgetting
count
myself
and
we're
also
joined
by
our
other
incredible
council
members,
richard
conte,
tom
hoey
and
kelly
kimbrough.
We
have
staff
tonight
john
rafael,
piccardo,
kashana
burt,
mike
wheeler
and
daria
shanafar,
and
we
are
also
joined
from
some
with
some
people
to
talk
about
76
project,
stephanie
faradino
and
the
incredible
kelsey
who
needs
no
last
name
but
she's
with
us.
A
So
I
think
what
actually
I
would
love
to
do
is
to
maybe
we
should
kick
it
off
with
the.
I
was
going
to
start
it
with
the
76
project,
but
I'm
assuming
sonia
might
want
to
come
on
that.
So
maybe
if
we
started
with
resolution,
number
13.21.2,
r
and
discussed
that
and
mike
I'm
not
sure.
If
that's
something
that
you
can
speak
about,
we
do
have
the
write-up.
I
mean
the
write-up
is
basically
hr
has
requested.
B
B
B
It's
such
a.
We
think
it's
such
a
unique
skill,
set
that
we
are
looking
to
go
outside,
but
I
believe
pg
may
have
a
candidate
internally,
but
I
think
that
for
the
most
part,
we're
looking
to
cast
the
widest
net
that
we
can,
because
it
is
such
an
important
and
pivotal
role
within
the
organization.
So
it's
a
combination
of
both.
I
guess
you
could
say
we're
looking
at
it
we're
looking
at
the
best
candidate,
we
can
attract.
D
A
F
Beginning,
thank
you,
okay,
so
this
is
all
related
to
the
development
of
the
76
project,
which
is
something
that
we
have
I've
seen
in
the
past
and
heard
many
presentations
on
in
terms
of
the
rezone
that
we
had
on
2nd
avenue,
and
now
this
would
be
the
decommissioning
of
scott
street.
A
lot
of
us
went
on
a
tour
and
we
walked
the
facility,
it's
sort
of
the
intermediate
road
that
is
sort
of
halfway
between
the
development
plan.
F
A
So
why
don't
we
start
on?
I
know
that
and
not
to
put
questions
in
your
mouth
judy,
but
yes,
a
very
important
question
about
possible
protections
in
this
if
the
project
were
not
to
go
forward,
so
I
believe
there
are
some
discussions
about
restrictive
covenant
on
it
just
so
they
don't
end
up
with
a
street
and
we
don't
end
up
losing
a
street
if,
of
course,
we
want
the
project
to
go
forward,
but
just
in
case
here
I
don't
know
if
you
can
speak
to
that
at
all.
If.
G
The
you're
talking
about
what
the
d
d
restrictions
if
we
to
where
to
sell?
Yes,
so
yeah,
so
with
discussions
with
corp
council's
office,
this
is
a
in
kind
exchange,
so
the
76
are
proposing
a
upgrade
of
the
infrastructure
surrounding
the
area
and
on
the
property
itself,
and
this
is
an
in-kind
exchange
of
the
evaluation
of
the
improvements
is
about
1.6
million.
G
I
believe-
and
so
excuse
me
sorry,
and
this
would
give
the
property
in
exchange
for
those
exchanges
and
the
and
in
talks
with
it.
We
corporate
council
is
fine
with
putting
deed
restrictions
that
if
the
project
does
not
go
forward,
that
the
property
will
revert
back
to
the
city
of
albany,
but
it
just
says
for
council
members
to
understand
it's
a
two-step
process,
so
the
ordinance
44
is
closing
in
is
closing
the
street
and
decommissioning
it.
G
H
H
E
E
G
E
E
F
So
I
think
what
might
be
helpful
is
hearing
from
the
stephanie
and
kelsey
that
we
have
on
the
line
because
I
might
be
off.
But
my
understanding
is
this:
this
domino
in
terms
of
like
the
steps
that
need
to
be
taken.
This
is
one
of
the
steps
that
needs
to
happen
for
your
team,
soon
to
be
able
to
move
on
to
the
to
the
next
steps
following
and
get
to
the
development
part,
but
I'd
be
curious
to
hear
from
them
and
see
what
what
their
take
is.
H
Yeah,
so
this
is
a
new
issue
to
us.
We
didn't
realize
that
this
was
something
that
was
pending,
and
so
I'm
trying
to
kind
of
digest
the
information
as
it's
coming
in
a
deed
restriction
obviously
would
would
work
with
us
and
if
you
wanted
to
put
a
time
frame
on
it,
perhaps
in
order
to
ensure
that
the
city
of
albany
has
some
protection,
I
think
that
would
make
some
sense
with
the
reverter
clause
in
it.
H
In
order
to
get
to
the
second
round
of
financing,
I
think
we're
gonna
have
to
show
that
we've
got
the
the
property
under
our
control,
and
so
that's
my
my
kind
of
first
blush
concern.
I'm
a
development
attorney,
so
I'm
not
on
the
finance
end.
So
I
don't
know
what
the
implications
are
on
the
finances
about
owning
this
or
not
owning
this.
H
That
may
make
a
little
more
sense,
and
if
we
could
have
the
opportunity
to
research
that
and
get
back
to
you
about
what
mechanism
makes
the
most
sense,
I
think
you
know
you
may
be
able
to
make
a
resolution
or
recommendation
here
that
there
are
some
some
protections
for
the
city.
In
the
event
the
project
didn't
go
through,
but
keep
it
loose
as
to
the
mechanism
for
that
to
occur.
C
So
could
you
give
us
some
proposed
language
before
I'm?
This
is
this
is
what
I'm
picking
up
the
committee
tonight
might
approve
this
contingent
upon
receiving
some
provisional
language
about
some
workable
language
about
the
deed
restriction
from
you
before
it
comes
to
a
vote
in
the
next
council.
Absolutely.
I
E
Generally,
generally,
in
terms
of
getting
financing
to
show
that
property
is
under
control,
what
most
developers
do
is
they
have
a
contract
for
sale
and
if
we
would
be
authorizing
the
contract
for
sale
with
the
deed
restrictions,
I'm
not
sure
why
that
would
be
create
any
kind
of
problems
I
mean
you
know,
that's
a
basic
real
estate
thing.
You
have
your
contract
for.
C
E
E
C
E
C
H
I
think
what
you're
proposing
in
in
theory
sounds
right,
but
because
there
is
an
entire
financing
team
working
on
this
I'd
like
to
run
it
past
them
just
to
make
sure
that
they're
comfortable
with
whatever
it
is
that
we're
proposing.
I
feel
out
of
my
element
in
making
a
determination
that
may
or
may
not
impact
discussions
they've
already
had
with
with
the
financing
team.
So
because
this
was
a
surprise
tonight.
I
want
to
make
sure
that
we're
doing
it
in
the
proper
and
correct
way,
but
you're
absolutely
perfect.
H
E
A
We
have
some
other
bills,
but
it
will
push
the
voting
this
through
off.
So
I'm
not
sure
where
you
are
in
terms
of
needing
this
done,
but
this
is
definitely
going
to
delay
our
being
able
to
vote
on
it.
So
I
I
mean
it's
entirely
up
to
you.
We
can,
if
that's
something
that
is
doable
then
then
I'm
you
know
we're
happy
to
put
that
off
or.
J
A
That
would
be
my
preference.
I
would
prefer
to
vote
on
what
judy
is
saying,
because
that
does
make
sense.
It's
not
an
outrageous
thing,
but
if
it
doesn't
work
for
you,
then
we
can
at
least
we
can
certainly
come
back
and
discuss.
You
know
something
different,
but
then
that
doesn't
potentially
delay
your
project
in
a
situation
where
the
finance
team
comes
back
and
says:
oh
yeah,.
E
H
L
Yeah,
so
there
the
project
is
absolutely
definitely
still
moving
forward
where
we
are
at
right
now,
they're
in
in
trying
to
get
some
of
the
financing
in
place.
We
have
progressed
some
additional
studies,
so
we
actually
did
a
phase
two
environmental
site
assessment.
We
also
did
asbestos
surveys
on
several
of
the
buildings
that
will
be
demolished.
L
So
so
I'm
not
trying
to
say
that
it's
like
it
needs
to
be
pushed
through
super
quick,
but
that
is
one
of
the
things
that
was
on
their
list,
but
I
think
in
general
we're
working
and
progressing
we're
still
progressing
the
design.
But
it's
more
so
we've
been
doing
a
lot
of
due
diligence
to
get
the
construction
cost
estimate
more
firm
so
that
we
can
get
all
the
financing
in
place.
E
To
thank
you,
so
I
motioned
that
we
moved
this
out
of
committee
with
a
positive
recommendation
with
amendments
that
would
put
in
a
deed
restriction
to
ensure
that
the
ownership
of
the
property
would
revert
back
to
the
city
city
of
albany
in
the
event
that
the
project
does
not
move
forward
as
approved
and
planned
at
this
point,
and
that
the
our
approval
is
contingent
upon
corporation
council's
office
in
the
planning
department.
Assessing
that
appropriate
financing
is
in
the
works
or
or
appropriate
financing.
A
C
A
A
C
I
E
A
G
E
C
M
I
G
L
H
A
So
next
we
have
our
treasurer
and
our
budget
director
here
to
kind
of
give
us
an
update
on
where
we
are
in
terms
of
finances
and
also
to
potentially
discuss
how
the
state
aid
picture
and
federal
aid
picture
are
looking
understanding
that
we
know
that
you
have
no
real
hard
numbers,
but
anything
that
you
can
kind
of
give
us
to
direct
us,
like
any
processes.
That
you're
going
through
updates
would
be
very,
very
helpful.
A
M
B
M
I
I
think
my
third
quarter
report
that
everybody
has
reported
that
essentially
we
were
doing.
Okay
as
a
city
was,
the
budget
was
not
really
off-kilter
too
much
the
fourth
quarter.
I
think
what
what
we
ended
up
seeing
is
the
the
cuts
and
state
revenues
hit
and
over
the
course
of
last
year,
with
mike
and
all
of
us
here
at
the
city
budget
and
treasurer's
office,
we're
kind
of
working
around
the
issues
that
we
had
financially
last
year.
M
I
think
we've
come
out
in
pretty
decent
shape
overall,
considering
what
the
hand
we
were
dealt
but
again,
it's
largely
because
of
the
state
coming
through.
You
know,
with
the
capital
city's
funding,
although
not
to
the
extent
that
they
were
supposed
to
and
because
we
were
able
to
use
our
debt
reserve
to
pay
off
some
of
our
of
our
bonded
debt.
Last
year
we
were
not
scheduled
to
do
that,
so
we
used
that
reserve
money
for.
I
M
Our
operating
expenses
essentially
and
that
got
us
to
a
place
where,
where
we're
projecting
the
use
of
about
four
ish
million
dollars
in
fund
balance
from
last
year
that
representing
the
overall
budget
deficit
for
the
year,
I
think
everyone
should
realize
that
that
what
mike
has
provided
and
where
we're
still
at
right
now
in
the
in
the
closing
process,
that
number
could
change
we're
still
going
through
accounting
adjustments
and
closing
output,
purchase,
orders
and
things
like
that.
But,
generally
speaking,
we
are,
you
know,
we're
probably
we're
in
decent
shape.
M
For
now
that
doesn't
mean
that
the
worries
the
concerns
are
over.
You
know
they're
really
still
there
and
we
were
lucky
that
we
were
lucky
that
we
had
some
reserves
on
hand
and
the
state
came
through
the
extent
that
it
did
last
year
to
enable
us
to
get
to
this
point.
So
now,
mike
and
mike
can
talk
about
how
we
roll
up
everything
and
what
is
presented
to
you
for
what?
What
are
the
preliminary
year-end
numbers.
B
E
E
Yeah,
so
that
you
know
I
got
to
the
chase,
I
go
to
the
last
line
and,
and
it
shows
an
8.5
million
dollar
difference,
8.5
versus
the
4
million
4.2
million
that
your
little
cheat
sheet
has
and
I'm
before
I
sort
of
buy
into
just
reviewing
the
cheat
sheet
summary
sheet.
I
want
to
understand
why
there's
that
kind
of
big
difference.
B
The
state
had
announced
that
they
are
going
to
move
the
80
or
the
20
cut
from
aim
and
other
funding
for
2020
to
5,
so
they
that
was
that's
supposed
to
hit
by
march
31st,
and
we
have
not
seen
that
yet,
which
is
why
you
don't
see
it
in
those
actuals
for
aim.
It's
a
1.9
million
dollar
pickup
for
capital
city
funding.
It's
a
1.8
million
dollar
pickup.
B
And
then,
on
top
of
that,
we
also
have
multiple
grants,
mostly
police
grants
that
total
over
a
million
dollars.
That
generally,
at
this
time
of
the
year
police
and
ken
in
our
treasury
office,
booked
this
revenue
really
towards
the
last
piece
of
closing
out
the
books
and
that's
well
over
a
million
dollars
in
revenue
from
police
grants
that
should
be
hitting
that
revenue
account.
Also,
so
that's
why
you
see
that
that
difference
is
it's
anticipated
revenue
that
I'm
putting
in
my
forecast
that
just
hasn't
been
booked
into
the
erp
system.
Yet.
E
B
E
M
B
B
B
B
M
Right
now,
I
I
think
you
know
some
of
the
things
we
were
concerned
about
earlier
on
the
year
was
sales
tax,
as
it
turned
out
sales
tax.
The
dip
we
saw
in
the
second
quarter
was
really
the
only
aspect
of
it
that
really
put
us
under
budget.
So
we
ended
up
at
about
2.4
2.45
million
under
budget
for
sales
tax.
For
the
year
we
were
hoping
that
it
would
have
been
a
better
year
for
sales
tax
than
what
was
budgeted.
M
M
B
Good,
oh
actually,
I
seem
to
be
working
now:
okay,
okay,
all
right
thanks,
terry,
so
with
the
state
aid.
Once
again
that
was
adjusted
up
for
the
only
the
five
percent
reduction,
but
what
we're
seeing
in
that
particular
reduction
is
really
not
direct
aim
as
much
as
other
revenues
that
we
normally
see
that
we
that
we're,
anticipating
losing
the
the
biggest
ones
are
certainly
the
reimbursement
for
the
court
security
we
we
did
not
have.
We
did
not
have
with
the
courts
being
closed
for
a
time
we
did.
B
We
did
not
have
as
much
police
presence
in
the
courts
as
we
as
we
do
in
a
normal
year,
so
that
I'm
anticipating
to
be
a
750
000
reduction,
obviously,
obviously,
what's
in
there.
Also
that
we're
not
receiving
this
year
is
our
normal
reimbursement
for
for
the
summer
youth
program,
which
is
about
400
000,
but
that
obviously
is
offset
by
the
reduction
in
expenses
on
the
other
side.
B
B
B
20,
20,
accounts
of
other
types
of
state
aid,
whether
it's
grant
or
or
normal
funding,
that
is,
that
is
contributing
to
that
reduction
and
not
and
other
and
other
than
with
court
security.
The
biggest
one
are
the
court
security
are,
is
aim
and
a
couple
of
police
grants
that
look
like
they're
not
coming
in
at
the
same
level,
but,
like
I
said
that
could
change,
especially
with
those
police
grants.
They
you
know
we
could
they
could
have
you
know.
B
Obviously,
it's
not
gonna
go
down
from
what
we
have,
but
it
can
only
go
up,
so
we
may
get
more
of
a
pickup
in
state
aid
than
what's
showing
there
due
to
when
we
finish
out
those
those
police
grants,
the
ones
I've
included
in
my
bottom
line
are
ones
that
I
know
are.
Com
are
definitely
booked
and
we're
just
waiting
for
that,
but
there's
still
somewhat
some
outliers
I'm
following
up
on
that.
B
B
B
B
We
need
to
balance
police
for
the
year
because
of
that,
but
if
you
factor
in
some
of
the
hits
we've
taken
with
settling
that
contract
and
not
using
that
fund
balance,
yet
we
really
finished
right
about
where
our
original
adopted
budget
is
so
all
in
all
the
you
know,
the
hiring
freeze
does
seem
to
have
had
an
impact
and
really
kept
that
number
somewhat.
You
know
you
know
level
to
what
was
what
we
was
in
the
adopted
budget.
B
B
And
other
equipment,
but
that
adds
up
to
just
a
little
bit
under
5
million
the
big,
the
big
difference.
Why
you're,
seeing
the
8.2
and-
and
I
know
this-
is
going
to
get
a
little
complicated
when
you
get
up
into
the
all
other
category,
where
you
see
that
big
deficit
in
revenue
on
the
bottom
line
on
the
revenue
line,
you
have
to
remember
about
three
and
a
half
million
dollars
of
that
is
what
we
book
in
the
budget
that
hud
has
us
book
for
for
housing
and
development.
B
B
B
B
M
M
M
M
We
that's
one
of
the
first
things
we
had
to
prepare
for,
because
if
the
23
4
million
dollars
in
aim
plus
capital
city
funding
that
we
depend
on
the
state,
if
that
gets
reduced
by
them
significantly,
then
all
of
a
sudden,
the
money
that
we
get
is
reduced
significantly
as
well.
I
I
think,
there's
a
few
things
that
that
come
to
mind
immediately
that
that
need
to
be
addressed.
M
C
M
Thing
is,
I
think
we
are
really
strong,
considering
sucking
away
some
of
the
more
money,
some
more
money
in
some
of
the
reserve
funds
that
that
I
think
we've
talked
about
over
the
last
few
years-
replenishing
our
debt
reserve,
but
other
reserve
funds
for
capital
investments.
There's
also
the
question:
it's.
The
money
is
probably
going
to
come
too
late
for
us
to
change
our
our
ban
issuance,
which
we
are
going
out
to
market
with
on
we're
getting
bids
on
next
week.
M
It's
probably
two.
It's
probably
gonna
come
too
late
to
affect
that,
but
I
think
we
also
need
to
consider
what
and
how
much
we
would
be
able
to
apply
to
the
ban
issuance
next
year
so
that
we
would
pay
down
some
of
our
debt
rather
than
go
out
to
borrow
again
again,
depending
on
on
interest
rates,
because
they've
been
pretty
low,
especially
for
a
short-term
debt
like
the
ban
and
then
of.
C
M
B
Yeah,
I
just
want
to
kind
of
reiterate
with
darius
that
we
are
concerned
that
you
know
this.
This
stimulus
is
designed
to
basically
help
us
recover
from
covet
over
the
next.
You
know
three
years
or
so,
and
the
concern
is
that
if
we,
if
the
state
is
bypassed
with
the
stimulus
and
are
still
looking
at
their
deficit,
there's
a
possibility
that
they
could
determine
that.
Since
we're
getting
this
amount
of
money,
we
might
not
necessarily
need
to
have
that
our
normal
state
funding.
B
If
you
were
to
take
that
over
a
three
year
period,
you
would
be
looking
at,
you
would
be
looking
at
capital
city
funding
and
aim
at
20.
You
know
25
over
25
million
dollars
each
year,
which
you
know
would
essentially
kind
of
wipe
out
that
stimulus.
So
there's
a
lot
of
uncertainty
in
this.
At
this
point,
we're
hopeful
you
know,
we
would
like
to
think
the
state
would
not
do
that
to
municipalities.
B
Yeah,
you
know
so,
and-
and
you
know
ideally,
we
would
love
to,
like
darius
had
said,
get
our
fund
balance.
Finally,
up
to
to
a
level
where
you
know,
we
feel
like
we're,
we're
we've
we're
we're
stable
and
to
also
we
really
would
love
to
use
it
as
an
opportunity
to
reduce
our
debt
and
to
and
to
pay
off
our
bans
and
and
to
establish
real
reserves
for
capital
outlay
and
not
have
to
borrow
as
much
over
the
next
few
years.
B
A
B
Also
with
we
don't
know
what
the
impact
of
the
eviction
moratorium
is
going
to
be
on
landlords
and
properties.
We
we
could
see
a
reduction
in
our
overall
in
our
overall
tax
base.
Certainly,
parking
is
going
to
continue
to
take
a
hit
if,
if
we're
not
fully
back
operation
and
operational
with
those
amount
of
people
downtown
again,
you
know
and
and
one
of
the
in
2020
we
we
lost
out
on
about
almost
800
thousand
dollars
of
meter
revenue
that
we
would
normally
have
taken
in.
B
B
A
B
Was
there
was
yeah
the
last
our
last
three
years
of
retiree
health
were
9.4,
7.9
and
9.4,
just
for
that
particular
account
alone.
There
are
other
accounts
within
the
breakout
here
that
factor
into
that.
But
what
came
in
at
the
end,
this
year
was
10.6
million
and
there's
some
risk.
There
is
some
risk
in
you
some
years
with
being
self-funded
is
that
you
could
have
some
major
some
major
illnesses
or
surgeries
that
really
could
jack
up
could
jack
up
what
you
know.
B
What
goes
into
that,
so
I'm
doing
a
deeper
dive
into
the
invoices
themselves
and,
looking
at
what
some
of
our
larger
payouts
were,
we
do
have
stop
loss
insurance
which
does
cap
it
and
then
reimburse
us,
but
it's
unlikely
that
that's
going
to
hit
before
we
close.
We
may
not
see
that
until
2021,
so
those
that,
but
it
was
it-
was
the
highest
year
we've
had
since
I
want
to
say
2015
in
retiree
health
and
we
have
been
projecting
down
for
the
most
part,
and
this
year
we
had
a
pretty
significant
spike.
B
So
I
am
going
to
kind
of
do
my
own
audit
within
that
account
to
look
to
make
sure
the
invoices
that
have
been
paid
are
accurate
in
the
right
account
and
treasury
also
does
an
adjustment
each
year
that
was
higher
this
year
than
past
years.
So
we
have
some
things
to
look
into
that
account,
but
I
wanted
to
give
you
on
this
to
be
conservative.
B
B
I
have
to,
I
have
to
imagine
the
rate
of
hospitalizations
impacted
that
number
which
so
that's
what
we'll
have
to
look
at
to
do
a
really
deep
dive
into
the
breakout.
But
I
I
would
say
that
that's
probably
a
pretty
solid
guess
at
that.
What
that's
what
could
have
caused?
Some
of
that
spike
would
be
an
incredibly
large
amount
of
of
hospitalizations
for
covert
within
our
retiree
community.
J
B
Gary
darris-
and
I
did
address
that,
but
believe
me,
I'm
having
technical
issues
myself,
so
no
worries
we're
really
what
we're
really
looking
at.
What
I
was
saying
is
we
need
to
first
of
all
rebalance
our
budget
for
20
and
21,
based
on
on
some
of
the
losses
were
projected
still
from
from
covid.
That's
the
first
priority.
B
B
J
I
think
the
mayor
said
something
to
the
fact
that
if
it
wasn't
for
the
pandemic
and
lost
in
sales,
we'll
be
giving
residents
a
tax
break,
you
know
a
tax,
a
tax
break
or
just
lowering
property
tax.
Sorry,
is
that
a
possibility
still
in
the
near
future-
or
I
just
want
to
advocate
for
that-
you
know
if
this
money
do
come
in.
I
hope
that
we
really
take
a
concentrated
effort
to
alleviate
the
tax
burden
that
so
many
homeowners
are
facing
in
our
city.
A
Seeing
none
this
is
way
shorter
than
4am,
which
I
think
we're
all
quite
thrilled
with
especially
kashana,
but
thank
you
so
much
mike
for
coming
in
and
talking
to
us.
We
really
appreciate
it
and
thanks
always
to
our
wonderful
staff,
john
raphael
and
kashana,
and
to
all
of
the
council
members
here.
I
hope
everyone
has
a
great
night
and
we
look
forward
to
seeing
you
at
an
another
finance
committee
meeting
in
the
not
too
distant
future
good
night.
Everyone.