►
From YouTube: 2022.02.24 BLDC Board Meeting
Description
Chapters
00:00 Approval of Minutes
01:48 January 2022 Financial Report
06:46 New Business - BLDC Business Plan Competition
12:30 New Business - BLDC Plans & Priorities
22:25 Mayor's Remarks
44:00 Executive Director's Remarks
A
B
Absolutely
so
joining
us
is
the
new
executive
director
of
the
bldc,
who
also
serves
as
director
of
economic
development
for
the
city
of
binghamton.
Sarah
glows.
Sarah
is
no
stranger
to
economic
development
in
our
region
or
city
of
binghamton,
serving
with
empire
state
development
for
many
years,
and
she
can
talk
more
about
that.
B
A
D
E
E
Looking
at
the
loans
receivable
for
udag,
let's
see,
we've
got
a
couple
of
people
who
were
a
little
bit
late
in
paying.
You
can
see
dd
bing.
They
have
paid
one
north
depot
and
tom
haynes
we're
both
experiencing
that
issue
with
the
not
having
the
checks
made
out
correctly.
They
have
since
reissued
checks.
E
E
In
default,
we
have
the
same
borrowers
that
we
have
had.
We
will
be
soon
starting
our
legal
action
against
ariel
hendricks.
We've
sent
her
her
final
notice
that
we
reserve
the
right
to
take
legal
action
at
any
time
because
she
has
not
paid
her
loan
in
over
six
months.
So
that
is
where
we
are
with
that
everybody
else
is
basically
in
the
same
place.
E
A
I
just
answered
a
question
at
one
time:
didn't
we
look
well,
everybody's?
Nobody,
you
know
direct
withdrawal
from
people's
checking
accounts,
setting
it
up
that
way
where
the
first
democracy
would
we
haven't
done
that
to
my
knowledge
right,
I
thought
we
had
talked
about
that
we
haven't
talked
about
it,
but
because,
maybe
for
new
loans
and
things,
it's
a
good
place
to
start,
because
then
tom
wouldn't
have
had
trouble
with
you
know
and
whatever
bank
they
worked
with,
they
certainly
would
work
with
ours.
E
E
E
A
G
G
G
We're
increasing
the
prices
this
year
to
7
500
we've
had
gone
through
kind
of
a
dry
spell
here
with
cobot.
I
think
you
know
set
back
the
community,
certainly
on
the
whole
region
for
that
matter,
and
so
we
want
to
stimulate
entrepreneurship
through
our
annual
business
plan,
competition,
which
has
been
quite
successful
over
the
years
in
attracting
development
to
the
city
we've
had
over
the
years.
G
Successful
businesses
who
won
this
competition
were
parlor
city,
vegan,
tess,
arena,
boutique,
downtown
next
wave
motors
freshy
sites,
community
idea,
craft
and
last
year
we
had
claw
industries
which
not
only
won
the
business
plan,
competition
but
also
purchase
property
in
the
city
of
binghamton,
and
we
expect
them
to
be
a
future
borrower
and
I'm
reaching
out
to
to
them
to
be
potentially
a
speaker.
This
event
has
we're
going
to
have
a
first
place
prize
of
five
thousand
dollars.
G
Second
place
prize
2,
000
third
place
of
500,
so
definitely
a
bonus
for
for
reaching.
For
that
first
place,
then
some
gift
certificates
for
the
finalists
they're.
Also,
we
have
a
number
of
businesses
that
have
cooperated
over
the
years
of
providing
services
that
amount
to
about
five
thousand
dollars.
G
G
We
have
a
number
of
speakers
lined
up
for
that.
We
work
in
this
entire
event
with
suny
broome
entrepreneurial
assistance
program,
of
which
we
are
a
financial
partner
through
the
broome
enterprise
triad,
and
we
also
reach
out
to
and
work
with,
binghamton
university's,
kauffman
incubator
office
of
entrepreneurship
and
innovation.
Thank
you,
paris
stromhag.
I
guess
he's
not
on
the
call,
but
in
any
case
we
will
have
that
workshop.
G
Yeah
we
have
in
the
past,
we
we
had
just
a
five
thousand
dollar
prize
for
first
place.
Winner
take
all,
and
so
the
thought
here
is
increasing
it.
Mayor
david
was
supportive
of
that.
I've
spoken
with
you
as
well,
and
so
we're
increasing
the
prize
amount
here
just
to
incentivize
more
people
to
participate
in
the
competition.
B
B
C
So
we
wanted
to
add
this
just
to
have
a
interesting
spot
in
the
intended
to
talk
about
this,
I'm
still
learning
kind
of
what
the
pldc
is
and
does
and
how
we
can
best
utilize,
the
funds
that
we
have,
but
obviously
from
rachel's
report.
You
guys
have
seen
that
we
have
a
decent
amount
of
money.
I
believe
that
the
eu
dag
account
or
the
restricted
fund,
that
we
need
to
really
spend
down
this
year,
both.
C
So
we're
going
to
be
focusing
on
trying
to
find
ways
that
we
can
spend
that
money,
so
we
don't
have
to
give
it
back
to
steve.
We
like
to
keep
it
in
our
accounts,
so
some
of
the
things
we
had
been
talking
about
was
potentially
some
sort
of
facade
program
focusing
on
our
larger
commercial
properties.
We
talked
about
always
micro.
Loans
are
great.
Those
are
really
impactful
to
the
people
that
we
give
them
to,
but
very
hard
to
spend
down
over
a
million
dollars,
25
000
at
a
time.
C
A
I
think
a
facade
program,
you
know
crudify
our
city
yeah,
making
it.
I
mean
it's
all
starting
to
be
willing
to
look
into
that,
because
our
facade
deciders
need
some
work
and
if
I
could
be
like
the
poster
child
for
it
or
walk
me
through
it
I'll
do
it,
then
others
will
see
how
you
know
yeah
that
works.
I
gotta.
E
C
Yeah
absolutely
and
we're
we're
certainly
still
in
the
very
early
process
of
developing
that,
so
if
it
was
better
to
do
it
as
a
loan
or
grant
or
some
other
confirmation
yeah,
we
are
certainly
open
to
any
and
all
ideas.
That'll
make
it
more
marketable
to
our
businesses,
especially
court
street's.
Obviously,
a
huge
priority.
B
I
don't
know
in
the
past
with
the
cities
I
think
they've
had
two
rounds
of
main
street
facade,
maybe
or
at
least
two.
It
was
kind
of
focused
downtown
I'd
like
to
see
it
focus
downtown,
as
well
as
neighborhood
business
districts
as
well
things
like
clinton,
street
robinson
street.
You
know
the
places
that
have
that
walkable
type
of
buildings
and
facades
that
may
just
need
a
little
bit
of
an
upgrade.
They
may
need
some
lighting.
D
B
C
C
A
A
B
D
A
A
G
B
B
B
D
C
As
part
of
this
was
we
have
our
strategic
priorities
committee
we'll
want
to
be
activating
that
to
figure
out
what
we
should
be
focusing
on,
because
if
we
can
target
specific
areas
and
really
try
to
pump
some
of
this
money
into
these
discrete
areas,
and
we
can
show
a
lot
of
progress
that
gives
anyone
who's
giving
us
money.
The
the
right
idea
about
what
we're
doing
with
it
shows
real
progress
and
helps
them
have
confidence
in
their
investment
in
this
group
and
the
city
more
broadly,.
A
So
maybe
that
committee
could
have
a
meeting
or
something
yes
and
then
anybody
any
board
member
that
wanted
to
funnel
ideas
into
that.
Then
that
could
be
referred
back
to
the
full
board
for
a
conversation
or
action.
Whatever
makes
the
most
sense,
and
we
don't
want
that
to
go
on
forever,
like
sooner
than
later,.
A
C
B
Mr
weeks,
okay,
thank
you.
A
couple
of
updates
for
the
board
I'll
start
with
boscows,
so
at
the
agency's
meeting
was
that
last
week
last
wednesday
they
approved
a
two-year
option
for
bosch
to
entertain
purchase
of
seventh
court
street.
Excuse
me
eleven
fourth
street
in
downtown
binghamton,
so
the
thought
processes
and
what
our
discussions
with
boscov's
has
been
is
that
you
know
we're
addressing
the
parking
aspect
of
the
deficiencies
that
they've
been
concerned
about.
You
know
they
need
to
make
upgrades
to
that
building.
B
They've
estimated,
you
know
probably
15
million
dollars
worth
they
are
in
a
difficult
position
having
to
work
to
either
identify
funding
private
financing
of
their
own
money
grants
for
a
building
that
they
do
not
own
right.
So
this
has
kind
of
been
the
big
challenge
over
the
years
that
prevented
bosch
gods
really
from
investing
in
the
building.
So
you
know
they
have
changed
their.
I
think
overall
attitude
and
want
to
explore
purchasing
the
building.
B
They
have
to
do
a
lot
of
due
diligence,
we're
going
to
be
meeting
with
them
on
friday.
They
have
an
entire
grants,
team
and
financing
team.
That's
looking
at
different
ways
that
they
can
start
to
chip
away
at
some
of
these.
The
city
is
looking
at
as
part
of
the
parking
garage,
deconstruction
and
construction.
You
know.
Are
there
certain
elements
that
we
can
make
it
easier
for
them
to
do
these
upgrades?
Can
we
put
critical
systems
in
a
place
that
they
need
to
be,
as
opposed
to
you
know
where
they've
been
before
before?
B
B
We
would
certainly
have
a
lot
of
question
marks
before
the
lbc
or
the
ida
would
sell
the
property
and
for
those
kind
of
new
members
on
the
board.
The
way
it
works
is
that
if
boscov's
vacates,
that
building
the
ida
no
longer
owns
it-
and
it
refers
back
to
the
binghamton
local
development
corporation,
so
ultimately
something
bad
happened.
The
bldc
is
left
holding
the
building
yeah
exactly
so.
We
view
this
as
a
positive
we're
going
to
continue
to
want
to
know
what
their
plan
is.
B
But
you
know
I
commiserate
with
boscops
in
the
sense
of
that.
For
years,
they've
been
in
this
kind
of
purgatory
with
the
building,
because
their
elevators
have
been
failing.
Their
escalators
have
been
failing,
there's
hvac
issues,
you
know
old
old
boilers
and
they
were
not
the
landlord,
and
so
that's
okay.
We
can
keep
moving
forward
and
that's
kind
of
the
latest
on
the
bosch
end
and
once
we
kind
of
develop
a
funding
plan.
A
A
B
B
C
C
There
just
wasn't
any
appetite
there
to
to
do
it.
It
just
seemed
really
complicated,
I
think,
to
the
state.
I
also
think
they
were
really
reluctant
to
be
the
first
ones
to
the
table
on
this
and
wanted
to
see
that
there
was
some
skin
in
the
game
from
boskovs,
which
jared
mentioned
they
have
been
changing
their
tune
a
little
bit
on
their
willingness
to
put
some
of
their
own
money
up
on
this.
So
I
think
that
there's
positive
momentum
that
can
get
the
state
to
the
table
on
this.
C
A
C
My
understanding
is
that
when
I
was
at
the
state,
this
went
through
pretty
much
every
funding
source
it
could
have
gone
through.
They
brought
it
up,
for
you
know,
upstair
finalization
initiative
funding.
They
brought
it
up
for
redc,
regular,
cfa
funding.
They
brought
it
up
straight
to
the
governor's
office
just
to
see
if
they
get
an
allocation,
and
it
was
all
signs
pointing
to
no
on
on
it.
Part
of
it
is
from
our
through
our
traditional
round
of
economic
development
funding.
C
There's
no
job
creation
and
the
jobs
that
are
being
retained
are
not
the
kind
of
strategic
jobs
that
the
state
is
looking
for
in
projects.
That
being
said,
every
one
of
the
state
does
recognize
that
boss
class
is
an
extremely
strategic
property
and
if
things
were
in
more
dire
straits,
I
could
see
there
being
some
more
willingness
to
put
things
in
there.
C
But
at
this
point
they
really
want
to
push
boss
gods
to
be
the
ones
to
to
be
leading
this
effort
as
the
private
enterprise
and
don't
want
to
be
first
to
the
table.
So
I
I
do
think
that
there's
opportunities
for
us
to
get
funding
from
the
state
whether
it
is
through
historic
preservation
or
any
other
infrastructure
money
that
might
be
available,
but
I
think
it's
just
gonna.
It's
gonna
take
the
project
being
ready
to
go
before
the
state's
gonna
touch.
It.
A
B
B
A
Value
yeah,
so
you
don't
turn
it
over
to
somebody's
going
to
leave
it
yeah
right
right.
Well,
the
real
estate
is
valuable,
you
know,
but
but
that
ramp
now
and
the
housing
project
would
be
real
valuable.
They
have
a
boss
talks
down.
Although
you
know
years
over
the
years,
we've
said:
can
we
live
without
boss,
cogs?
You
know,
they're,
not
you
know,
upgrading
and
but
now
there's
no
malls,
and
this
is
where
the
senior
citizens
of
our
binghamton
justice
and
endicott
come
to
shop.
It's
it's
a
glorified
philadelphia
sales,
but
that
has.
B
Value
great,
it's
really
it's
so
binghamton
is
one
of
about
a
dozen
cities
in
america
that
have
a
downtown
department
store.
Okay,
sticking
out,
you
know
manhattan
and
that
type
of
thing
and
at
300
000
customers
a
year.
It's
pretty
much
the
most
visited
attraction
in
downtown
binghamton
more
than
the
stadium
more
than
the
arena
more
than
the
library
it
draws,
the
most
people
downtown
really
more
than
any
other
anchor,
and
those
people
are
spending
money.
A
C
A
Can
there's
nobody
in
there
to
wait
on
them,
but
that's
fine
with
them.
They
can
pick
and
choose
what
they
want,
but
nobody
hanging
over
them.
They
came
down,
they
ate
lunch
at
little
dennis
and
they
shopped
in
our
store-
and
you
know
their
visit
to
binghamton.
Wasn't
it
good?
You
can't
buy
everything
on
the
internet.
You
got
to
go
shopping
once
in
a
while
right.
Wow,
you
know,
shopping
is
a
sport
for
some
people.
B
Well,
it
would
basically
I
mean
it
would
be
up
to
it'd
be
up
to
the
idea
with
input,
I'm
sure
from
the
ldc,
but
I
can't
imagine
any
type
of
price
other
than
a
one
dollar
sale
is
again.
We
would
only
want
we
want
a
plan
or
something
in
advance
that
would
get
the
building
to
where
they
would
accept
a
dollar.
B
A
B
A
B
B
Talking
internally
and
getting
back
to
us,
so
I
was
hoping
for
an
update
before
this
meeting
I
haven't
received
any
will
continue
to
to
talk
to
them
about
getting
that
done.
The
third
thing
is
cannabis,
so
I'm
going
to
be
talking
next
week
to
the
state
office
of
cannabis
management.
I
think
it's
called
ocm
about.
You
know
timelines.
What
people
are
thinking
how
this
is
going
to
all
happen.
B
The
indications
that
I'm
getting
is
that
late
2020
to
early
2023.
We
could
see
the
first
round
of
licenses
being
issued
in
the
state.
These
would
be
retail
licenses
on
the
social
equity
side
of
the
equation,
so
minority-owned
businesses
would
be
a
part
of
the
first
round
to
apply
or
any
other
kind
of
social
equity
type
of
business
and
then
in
2023.
B
D
B
Is
to
update
our
zoning
code
to
define
and
regulate
our
zoning
for
cannabis,
dispensaries
and
also
any
sort
of
cultivation
or
industrial
uses.
Julia
and
her
team
worked
on
a
zoning
amendment
we're
getting
feedback
from
some
individuals
in
the
industry
to
make
sure
that
we're
in
line
with
what
the
state
has-
and
you
know
very
shortly,
we'll
be
probably
putting
that
out
for
legislative
adoption.
Public
comment
that
type
of
thing,
the
general
premise
that
we
have
is
we
want
to
be
not
more
restrictive
than
anything
the
state
puts
in.
B
There
are
certain
barriers
or
boundaries
with
schools
and
churches,
but
other
than
that,
we're
basically
allowing
cultivation
or
industrial
applications
within
our
industrial
zones
and
then
dispensary
locations
within
our
existing
commercial
zones.
So
you
know
we
also
as
a
municipality
when
an
application
for
license
comes
in,
have
the
ability
to
basically
have
a
sort
of
a
green
yellow
red
on
a
stop
light
right
either
we
support
the
proposed
a
dispensary
location.
B
D
F
B
Yeah
so
so
that'll
be
that'll,
be
up
number
number
four.
So
one
of
the
things
that
I've
been
talking
to
sarah
about
in
the
last
couple
of
weeks
is
ways
to
think
about
pre-development
for
some
strategic
city-owned
sites
or
potential
future
bldc
own
sites.
So
I
I
can't
say
for
sure
you
know
what
I
what
I
mean
or
what
sites
they
could
be.
I
know
that
a
lot.
B
In
the
city
that
are
either
city
owned,
like
the
the
one
on
brandywine
ave,
where
the
former
transfer
station
was
or
you
know,
other
sites
that
may
be
the
site
of
a
previous
demolition
if
we
are
going
to
move
forward
with
trying
to
do
business
development
there
or
some
type
of
development
a
lot
of
the
times.
The
first
question
we
get
asked
by
a
developer
is
well
what's
the
environmentals
and
do
you
have
a
site
survey
that
type
of
thing
my.
B
A
C
C
Think
people
are,
I
think,
to
jared's
point.
The
the
initial
outlay
of
funds,
when
you
have
no
idea
what's
going
to
come
back,
is
much
more
daunting
than
okay
I'll
pay,
the
money
to
do
the
survey
and
the
environmental,
because
I'm
looking
at
it
in
my
hands
right
now-
and
I
know
what
it
says
so-
that's
kind
of
what
we're
thinking
right
now,
but
we're
looking
into
any
and
all
options
that
may
exist.
D
B
And
last
but
not
least,
we
were
talking
about
before
you
know:
potential
funding
sources
and
the
idea
of
trying
to
draw
down
the
fund
balance
in
the
bldc
accounts
to
meet
hud
timeliness
requirements.
The
other
thing,
too,
is
you
know
we
have
the
city,
our
arpa
funds,
so
that
is
another
source
where
we
can
invest
in
economic
development
projects.
Certain
infrastructure
needs
to
augment.
You
know
whether
it's
a
main
street
grant
program
or
infrastructure
improvements
in
low
moderate
neighborhoods.
B
A
B
So
I
I've
been
kind
of
thinking
about
it
as
listen
one
time.
Infrastructure
improvements
are
great
because
you
pay
for
them
and
you
draw
them
down
or
if
a
program
is
going
to
be
funded
right,
we
can
make
it
a
program
that
isn't
like
a
one-year
grant
because
for
a
lot
of
agencies,
that's
tough,
you
may
get
something
that
they
have
to
spend
it
through.
Maybe
the
middle
of
2026,
because
there's
also
going
to
be
a
reporting
time
period
et
cetera.
B
F
To
join
us
sure
in
economic
development,
workforce
development
for
sure
I
know
this
may
be
two
separate
things,
but
it
may
be
a
good
idea
to
get
clarification
from
the
treasury
in
regards
to
arpa
and
hud
in
regards
to
the
restricted
account,
because
cannabis
is
still
illegal
at
the
federal
level.
So,
if
you're
planning
on
using
any
of
the
arpa
or
restricted
loan
funds
for
anything
that
would
even
end
up
with
cannabis
economic
development,
there
may
be
issues
there
and
I
don't
know
exactly
what
those
would
be.
B
C
F
F
D
D
E
D
C
Well,
I
don't
have
a
ton
to
say,
but
I
will
to
I
know
patrick
seeded,
this
a
little
earlier,
but
I'm
a
two-time,
binghamton
university
graduate
undergrad
in
english.
Then
I
got
my
mpa.
I
currently
teach
in
the
mpa
program.
I
teach
economic
development.
I
worked
at
the
port
authority
for
about
two
and
a
half
years
after
graduation
doing
a
rotational
leadership.
C
Development
program
worked
in
asset
management,
enterprise,
risk
management
and
diversity,
and
inclusion
in
the
hr
department
moved
back
to
binghamton,
because
this
is
where
my
now
husband
lives.
So
it
was
a
nice
nice
welcome.
Home,
went
to
esd
for
a
little
over
three
years
started
as
a
project
manager
ended
my
time
there
as
a
senior
project
manager,
doing
grant
administration
working
with
municipalities
across
the
southern
tier,
from
steuben
county
to
delaware
and
up
through
tompkins,
but
always
really
liked
my
binghamton
portfolio.
The
most.
C
I
was
in
charge
of
the
greater
binghamton
fund
projects
which
we're
gonna
try
to
get
some
additional
projects
through.
What
money
is
left
in
that
fund
in
binghamton,
because
the
initial
round
was
primarily
johnson
city
and
endicott,
so
we're
trying
to
get
some
more
of
that
money
in
the
city
and
yeah
really
excited
to
be
part
of
this
team?
It's
been
a
great
two
and
a
half
weeks
and
joel
and
rachel
have
been
wonderful.
Joel
knows
every
piece
of
property
that
the
city
of
binghamton
has
ever.
F
C
C
So
if
you
have
a
business
that
needs
to
relocate
or
wants
to
locate
in
city
of
binghamton,
joel
is
the
man
to
help
them
find
a
place
and
find
the
right
place.
He's
already
got
like
six
businesses
on
on
the
hook
for
different
locations
he's
trying
to
get
them
into,
and
rachel
obviously
is
wonderful
as
our
financial
analyst
and
just
keeps
the
keeps
the
engine
going,
keeps
the
office
in
line
and
they've.
C
Both
just
been
wonderful
to
work
with
it's
really
a
great
office
and
I've
learned
a
ton
in
the
in
the
two
and
a
half
weeks
from
from
these
folks
and
jared
and
patrick
stopping
by
my
office
to
talk
my
year
off
for
two
hours
I
may
or
may
not
have
talked
a
lot
as
well,
so
I'll
I'll.
Take
that
credit,
how
much
champagne
did.
C
Who
does
what
around
here
economic
development's
that
weird
octopus
tentacle
that
kind
of
touches
everything
so
trying
to
figure
out
where
all
the,
where
all
the
money's
hidden
where
all
the
files
are
and
how
we
can
best
leverage
the
resources
we
have
to
accomplish
some
some
good
stuff,
we've
had
some
inquiries
from
strategic
business
development
at
the
state
level.
Looking
for
sites
that's
pretty
routine,
we
always
put
the
trial
street
business
park
in
there
trying
to
entice
anyone
who's
interested
recently.
C
There
was
a
german
tech
company
that
wanted
to
create
80
jobs
and
do
a
couple
of
million
dollars
of
investment
in
the
eastern
part
of
the
state,
we're
the
farthest
west.
They
would
consider
going,
but
hey
we
put
our
put
our
hat
in
the
ring
for
that
and
we'll
see.
If
anything
comes
out
seems
like
every
few
days
we're
getting
inquiries
on
people
who
want
to
look
at
certain
properties,
so
lots
of
prospects
and
we'll
try
to
take
some
over
the
finish
line
and
keep
you
updated
as
we
go.
B
A
B
It
for
20
years,
and
now
it's
it's
hot,
so
you
know
it's
great
so
that
you
know
there's
a
big
difference
between
someone
asking
about
it
and
someone
actually,
you
know
signing
on
the
dotted
line.
So
we
continue
to
just
keep
feelers
out
and
keep
talking
to
people
it's
encouraging.
It
is.
I
mean
people,
I
think
there
are
people.
G
B
Rehabilitations
that
can
be
done,
we're
talking
about
a
40,
000
square
foot
footprint
right.
Where
do
you?
Where
do
you
go,
and
it
got's
kind
of
spoken
for
in
a
lot
of
ways,
so
building
from
the
ground
up
is
is
going
to
be
where
people
need
to
go
and
there's
limited
spots
that
you
don't
have
to
deal
with
much.