The Village Board is meeting this evening (yes, it’s on, snow and all) and the biggest item on the agenda is the approval of a Request For Proposals (RFP) for a feasibility study on the SuperBlock. You can find the draft RFP document on the Village homepage under “Recent Documents,” or you can go to the direct link by clicking HERE.
Here is tonight’s agenda:
AGENDA
REGULAR MEETING of the NYACK VILLAGE BOARD
9 North Broadway- Nyack, New York
February 25th, 2010 @ 7:30pm
PLEDGE OF ALLEGIANCE
ADOPTION OF MINUTES
Regular Meeting –February 11, 2010
PUBLIC COMMENT (3 minute limit per person)
Joseph Siegel – Cemetery Road
REPORTS TO THE BOARD
Orangetown Police Department
Village Treasurer
Village Attorney
Village Clerk
Parking Authority
Water Department
PUBLIC HEARING (if any)
COMMITTEE REPORTS
Public Works & Building
NAEVA Geophysics, Inc.
Infrastructure
Economic Development
Superblock (RFP)
Information Technology
Residential
Housing
Inter-Governmental Relations
Parks & Recreation
Budget, Finance, and Administration
OLD BUSINESS
Bus Shelter
COMMUNICATIONS
NEW BUSINESS
EXECUTIVE SESSION (if any)
Personnel
ADJOURNMENT


Richard:
I wasn’t able to make the meeting and I guess I wasn’t the only one. (digging out upstate).
I did read the RFP on line and it looks fine for the most part.
One thing at the end should be added under the financial assessment and that is an assessment of risk involved for the Village. We should learn a lesson from Orangetown and Hovanaian’s recent announcement that they will back out of developing 80 acres of the former Rockland Psychiatric Center site.
These days it seems the major thrust of any investment in a project this size is how we gauge the risk involved. Most of the time we see institutions doing everything they can to either offset the risk or to push the risk “downstream” so as not to directly impact the investors if something were to go horribly wrong down the road.
What risks does the Village take in this redevelopment project and what is the effect of all the aggregate elements to the risk as a whole? IE theater or Film center, Retail mixed use and or residential open space etc and what percentage of each of these would comprise the risk to the Village and by extension the constituency which will be asked to carry water here?
How can we indemnify the Village against some unforeseen disaster, which several years ago would not seem as apparent as it does today?
We have all seen bad things happen and while its important to focus on the positive aspect its also important to recognize the frailty of the tax base here in the Village and look for intelligent ways to mitigate, offset or otherwise eliminate as much of it as possible.
Best
JC
Thanks to Marianne and all other members of the public interested in what happened at our meeting last night.
Village Hall was closed yesterday at 2:00 P.M. due to the storm, but there was a notice on the door saying that the meeting would go on, and it did. Only one intrepid member of the public showed up, but the five VB members were all there and we had a productive but brief meeting, including approval of the RFP for the superblock.
More details to follow in a new post from Doug or myself…
So surprised to read that the Village Board meeting took place. I passed there earlier today and all of the lights were off and the building was closed. Sorry I missed the meeting. Please inform me as to what took place. Thank You
Marianne Olive