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Legislature committee advances plan to authorize up to $66 million in CRC bonds for 1 Broadway renovation

5888244 · October 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Committee on Economic Development and Planning reported a resolution seeking legislative approval for the Schenectady County Capital Resource Corporation to issue up to $66 million in bonds to finance acquisition and renovation of the 1 Broadway county office building via a CIDC-managed project.

The Committee on Economic Development and Planning voted to report to the floor a resolution authorizing the Schenectady County Capital Resource Corporation (CRC), administered by Metroplex, to issue up to $66 million in bonds for acquisition and renovation of the building at 1 Broadway, the…

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