Peekskill seeks consultant for $10M Momentum Fund projects; RFP proposed to sequence work
Staff said the city must match a $10 million state Momentum Fund award with another $10 million and recommended an RFP to hire a consultant to sequence projects, produce cost estimates, and handle grant budgeting, contracting and reporting; the IDA/PFDC were asked to contribute $45,000 toward phase 1.
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Carol told the council the city received a $10,000,000 Momentum Fund award in June and must provide a $10,000,000 local match; staff proposed issuing an RFP for a consultant to develop project sequencing, cost estimates and a grant-ready budget for the state's reimbursement timeline. "We received the $10,000,000 momentum fund in June," Carol said, explaining the need for a short-term, roughly 10-week engagement to prepare materials for the state and to coordinate with housing developers.
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