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Mayor announces $1.3 million state payment for retiree Medicare reimbursements, and team heads to Buffalo for DRI Round 9 presentation
Summary
The mayor reported the city received $1,300,000 from the state tied to an earlier Financial Restructuring Board proposal to reimburse retiree Medicare costs; staff also submitted a DRI Round 9 application and will present to the board in Buffalo. The council set two executive-session items for personnel and potential litigation.
The council heard several announcements from the mayor's office. The mayor announced the city has received $1,300,000 from the state, funds described as related to a previously proposed Financial Restructuring Board (FRB) measure intended to reimburse costs tied to getting retirees off lifetime health insurance and addressing Medicare reimbursements. City staff and the mayor thanked state representatives Tim Ryan and Chris Grant and city staffers for their work on securing the payment.
The mayor also said staff—Crystal, Mark Geiss, Ellen (BPU), and others—have submitted a Downtown Revitalization Initiative (DRI) Round 9 application and will travel to Buffalo to present to the DRI board in hopes of securing additional funding tied to the riverfront and related projects.
Finally, the mayor reminded the community the Christmas parade and tree lighting are scheduled for the coming weekend, and the council announced two planned executive session items for personnel and potential litigation with no action to be taken afterward. Counsel Elliot and designated staff were named as required attendees for the personnel and litigation discussions.
No formal votes or funding commitments beyond reporting the state deposit and the DRI submission were recorded during the meeting.
Next steps include the Buffalo presentation for the DRI application and any subsequent reporting on the use of the $1.3 million for retiree-related reimbursements as staff implement the programmatic guidance from the FRB and state.
