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From YouTube: Water Street Development Corp. 2023.06.01
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A
Training
to
order
okay
I'll
do
that
again.
I
would
like
to
bother.
You
need
an
order
old
business,
none
for
the.
A
A
The
city
of
Binghamton
Water
Street,
Development
Corporation,
who
accept
a
guaranteed
maximum
price
of
22
million,
one
hundred
and
ten
thousand
two
hundred
forty
five
dollars
to
the
development
of
the
parking
garage
and
3
million.
Fifty
thousand
three
hundred
dollars
for
the
sixth
floor,
Podium
by
United,
pipe
development,
JV
limited
or
limited
line.
Another
Corporation.
D
Okay,
basically,
what
this
is
is
a
month
ago
or
longer
than
that
now
we
approved
that
the
contract
that
we
had
to
build
a
parking
garage
and
there's
been
delays
in
it,
and
we've
worked
out
an
mou
between
the
bike
development,
the
housing
developer
and
the
city
and
Water
Street
development.
The
cost
of
this
could
go
up.
D
Fifty
thousand
dollars,
not
a
dime
more
than
that,
okay,
but
they're
going
to
have
to
document
it
to
us,
okay,
based
off
of
when
things
have
been
going
so
50
000
out
of
the
21
Millions
a
fairly
small
amount
of
money
in
the
whole
thing,
but
it
was
one
of
the
things
that
we
had
to
do
to
push
this
thing
through,
hopefully
longer
to
be
more
and
hopefully,
I
will
have
a
contract
for
you
sign
tomorrow
around
okay
right.
We
got
all
parties
working
on
this
just
finalizing
the
question.
D
D
E
A
D
B
D
Example
being
Chris
the
monthly
Parkers,
we
don't
want
parking
on
the
first
floor:
okay,
they're,
not
their
cards
not
going
to
get
them
in
and
out
of
there
we
want
them
to
park
on
the
higher
floors.
Yeah,
that's!
Okay!
That's
a
very
good
way
of
telling
you
and
actually
we're,
setting
up
a
meeting
today
to
go
through
the
right
system
to
put
in
there
to
manage
the
whole
thing
so.
D
C
E
C
C
You're,
the
mobile
you're,
the
guys
that
have
the
most
experience,
yeah
I
I,
would
say
that
I'm
very
comfortable
with
this
and
and
I
think
that
you
know
Chuck
really
should
be
commended,
for
you
know
the
work
that
he's
done
behind
the
scenes,
remembering
multi-year
multi-administration
it's.
D
C
C
Okay
started
with
the
Demolition,
and
then
you
know
continuing
to
make
this
a
reality
in
a
very
challenging.
You
know
economic,
you
know:
environment,
post
covid
still
with
you
know,
costs
of
you
know,
materials
and
a
shifting
housing.
Mind
I
mean
it's.
It's
it's
been
a
very
challenging
needle
to
thread,
and
so
I
I
really
think
that,
although
you
know.
D
And
there's
a
lot
of
things
that
people
don't
know
too
about.
This
thing
is
like
this
50
000.
It
wanted
118.
the
Norway
okay,
we
negotiate
it
down
to
50.
Although
50
sounds
like
a
lot
of
money,
everybody
it's,
you
know
what
their
true
cost
is.
It
was
me
getting
on
the
phone
with
some
of
their
vendors
and
saying
you
can't
do
this.
You
know
you're
talking
about
a
month.
You
got
to
make
it
happen.
I
mean
this.
This
project.
C
Is
probably
one
of
the
the
largest
public-private
projects
things
has
ever
seen,
and
you
know
a
project
of
this
magnitude
close
to
50
million
dollars.
I
mean
that
is
that
is,
you
know,
going
to
take
several
years
to
put
together
to
get
off
the
drawing
boards.
Construction.
I
mean
it's
not.
You
know
people,
you
know
some
people
think
these
things
just
kind
of
happen
overnight
and
that's
just
not
not
the
way,
but
you
know
we've
all
stuck
with
it,
and
this
is
a
very,
very
positive
outcome.
D
D
D
C
A
D
A
Resolution
23-9
the
resolution,
the
city
of
Binghamton
water,
free
Development,
Corporation,
authorize
the
president
to
enter
into
an
agreement
with
CJs
Architects
for
the
additional
amount
not
to
exceed
33
900
for
the
change
in
order
number
two:
the
design
work
related
to
The
Water,
Street,
Parking,
Garage
project.
Let.
D
There
was
originally
going
to
be
three
elevators,
okay,
which,
if
you
take
it
where
about
where
you
enter
Boscov's,
now
like
into
the
men's
store,
that's
where
the
elevator
would
be
to
go
up
five
stories,
and
that
would
be
what
handled
all
the
garage
activity.
Okay,
there's
two
other
ones
in
the
middle
of
the
garage
that
would
go
up
ten
floors
that
the
garage
would
use,
but
only
the
people
of
the
the
residents
would
be
able
to
use
what
we
ended
up
doing
here.
D
C
Higher
level
three
to
two
as
I
said.
C
C
D
D
A
E
C
C
A
Any
other
updates
you
want
to
do.
Are
we
good
I.
D
I
think
we
hopefully
will
have
a
an
announcement
with
the
mayor
and
the
builders.
Hopefully
next
week
it
may
be
two
weeks
away
bothering
it
should
be
very
surely,
but
we
also
I
think
we
talked
about
the
pilot
here
right.
D
Everything
out
so
the
pilot
that
we're
doing
with
the
housing
unit
is
a
different
animal
than
what
the
city's
used
to
the
counties
used
to
the
school
districts
used
to
that
Podium.
Okay
has
to
be
built
at
the
time
we're
doing
the
garage
okay.
If
you
don't,
instead
of
paying
3
million,
it
might
be
four
or
five
million
dollars,
because
you
have
to
pay
for
all
new
cranes
to
come
in
by
different
materials
and
stuff.
D
So
the
object
Fitness
is
not
recent.
This
is
from
day
one
is
the
city
would
build
that
or
the
Water
Street
development
would
build
that
Podium
roughly
for
three
million
dollars.
The
housing
unit
would
pay
us
back
for
that
over
the
length
of
the
housing
unit,
the
bond
which
is
going
to
be
25
to
30
years.
Okay,
so
that's
part
of
the
pilot
button
so
for
simplistic
purposes.
D
Let's
just
say
that
the
pilot
is
the
housing
unit
is
going
to
pay
500
000
a
year
in
a
pilot.
The
first
portion
of
that
is
going
to
pay
off
that
pilot
bond,
which
might
be
250
000..
The
rest
will
go
into
the
pool
to
be
allocated
between
the
school
district,
county
and
City.
Okay,
since
that
first
250
is
going
someplace
else.
We
have
to
have
the
school
district
approved
the
back
pilot
separately,
the
county,
the
city,
legislative
city,
council
and
the
Ida
okay.
D
D
And
the
reason
you
have
to
do
this
and
you
guys
can
understand
this:
some
people
probably
can,
but
if
you
were
to
assess
those
apartments
or
what
they're
being
built
for
and
they
would
be
paying
over,
I
think
just
maintain
that
told
me
be
like
2500
a
month
for
taxes
on
each
one
of
those
buildings
couldn't
run
them
out
now,
with
the
taxes
yeah
per
unit
right,
City
we'd
be
charging
four
thousand
dollars
a
month's
rent.
Just
in
most
of
the
cover
the
taxes
forget
about
the
building
of
it.
D
C
D
D
Yeah,
but
the
difference
is,
is
that
the
first
portion
of
its
paying
the
pilot
bond
that
we're
doing
to
put
the
podium
on
through.
B
C
The
or
minimize
has
very
low
subsidy
yeah.
D
The
answer
to
your
question
for
support
is
the
parking
garage
going
to
be
self-sufficient.
It
would
have
been
prior
to
covet
okay
with
the
interest
rates
right
now,
it's
not
going
to
be
okay,
but
after
five
years
we
can
refinance
the
bond
and
if
interest
rates
go
back
to
where
they
were,
it
will
so.
B
To
get
this
big
Finance
to
the
current
environment,
with
interest
rates
and
this
ultimately
with
National
Development
Council,
the
Ida,
the
city,
all
of
our
people
coming
together.
This
is
what
we
ended
up
with
and
I
I
think
it's.
D
B
D
C
D
C
C
It
was,
it
was
a
possibility.
Yes,
that's.
D
D
Pike's
not
really
going
to
own
the
housing.
It's
going
to
be
a
place
called
United
is
United.
Ub
llc's,
the
guy's
name
is
Mike.
Mussolini
Rich
met
him
once
when
we
were
coming
back
through
Albany
one
day,
yeah
yeah.
We
went
with
them
and
put
this
together,
I
think
if
you
look
at
his
property
of
course,
he's
not
one
of
the
guys
that
turns
stuff
over
okay,
at
least
from
the
conversations
and
the
dealings
that
I've
seen.
E
Well,
one
just
one
more
question
on
the
27
or
25
or
27
year
pilot
once
that
is
over
with
do
they
stand
that
progress
rate
that
they
end
up
at
yes,.
B
D
B
A
A
E
D
D
A
The
Metro
Center
was
84.,
the
arena
was
he
used
on
73.
Yes,.
C
A
E
A
It's
really
cold
nights.
It's
better
yeah,
Stone
box
hit
and
miss
you.