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From YouTube: Water St. Development Corp. Special Meeting 2023.09.29
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A
B
Based
off
of
the
conversation,
we
had
on
Thursday
an
executive
session
we're
going
to
work
on
restructuring
the
contracts
moving
this
project
back
over
to
the
city
and
figuring
out
a
scope
of
where
the
old
project
ends
where
the
new
project
begins,
and
this
is
giving
the
mayor
his
administration
the
opportunity
to
work
on
those
agreements.
Okay,.
A
C
B
C
C
The
pilot
Bond,
due
to
pressure
from
around
a
vocal
few
in
the
community
I
think
it
was
very
short-sighted.
It's
one
of
the
primary
reasons
that
this
action
needs
to
take
place,
and
we
really
should
highlight
the
city.
You
know
the
mayor's
office
and
economic
development
and
all
of
the
different
departments.
Who've
worked
to
continue
to
find
a
way
to
advance.
What
is
a
much
needed,
significant
transformative
project.
A
C
Those
are
very
ignorant,
short-sighted
statements
and,
if
it
weren't
for
the
the
kind
of
the
creativity
and
the
perseverance
of
the
city,
this
project
you
know,
might
not
continue
to
move
forward
and
I.
Think
when
you
know
when
people
look
at
their
tax
bills
and
they
see
the
primary
drivers
they're
almost
maybe
between
40
and
50
percent
of
your
of
your
Municipal
tax
values
because
of
the
school
district
school
districts
continues
to.
Taxes.
C
C
A
that's
not
legally
true,
nor
is
there
a
historical
pres
presence
for
that.
I.
Remember
my
predecessor
and
his
team,
some
of
which
were
supposed
supporters
of
those
protesters
themselves,
used
primarily
to
advance
student
housing
projects
which
should
come
in
the
highest
rents
of
housing
projects
in
the
city
of
Binghamton.
In
fact,
almost
all
of
the
big
box,
large-scale
projects
of
of
the
administration
before
mine,
use
them
to
advance
their
housing
projects
because
they
were
good
projects
and
a
pilot
helped
make
them
a
reality,
and
those
were
good.
C
Projects
for
downtown
during
my
Administration
Pilots
were
used
for
homeless
housing
projects,
affordable
housing
projects,
low-income
market
rate
luxury
across
the
board,
because
they're
a
necessity
because
of
the
high
cost
of
doing
business
in
New,
York,
state,
New,
York,
state
taxes
and
the
massive
property
tax
increases
that
took
place
between
2006
and
2013.
The
city
of
Binghamton,
which
were
one
of
the
primary
reasons
needed
for
housing
projects
and
Pilots,
are
what
make
it
more
competitive
to
do.
C
Housing
projects
and
other
types
of
projects
in
the
city,
as
opposed
to
you,
know
other
areas
and
so
I
think
that
and
the
the
lists
and
reasons
you
know
go
on
and
on
and
on
I.
Don't
I
don't
want
to
take
a
lot
of
time
on
this.
But
you
know
the
public
at
large
is
not
necessarily
aware
of
all
of
the
things
that
go
on
behind
the
scenes,
but
they
do
see.
You
know
perhaps
a
handful
of
people
that
show
up
that.
Don't
have
the
ignorant,
they
don't
have
the.
C
C
C
You
know
covid
in
and
of
itself,
didn't
help
the
the
high
interest
rates
don't
help
for
a
project
like
this
as
well,
but
you're
still
able
to
navigate
very
complex
Financial
hurdles
to
advance
what
is
a
much
needed,
and
probably
one
of
the
largest
transformative
projects
for
downtown
Payton
in
a
generation
and
I
just
think.
There's
a
there's,
a
lot
that
happens
behind
the
scenes
that
people
don't
know
about
and
I
think
some
of
this
stuff
should
be
put
on
the
record.