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BLDC approves short-term daycare lease, environmental review contract and builder's-risk policy; mayor updates Plaza demolition
Summary
The Binghamton Local Development Corporation approved three resolutions — a nine-month lease with Curious Kids Childcare & Play Center LLC (pending city council), a $9,500 CRT Environmental contract to prepare a DEC-required site management PRR, and an $8,000 builder's-risk insurance policy for the Boscov's renovation — and heard mayoral updates on the Plaza demolition and housing tax-credit efforts.
The Binghamton Local Development Corporation on July 23 approved three separate resolutions covering a short-term lease, a DEC-required environmental review and a builder's-risk insurance policy, then heard multiple updates from the mayor on downtown redevelopment and housing initiatives.
Rachel, the BLDC treasurer, presented May financials to the board, reporting the restricted account balance as "556,526 and 72¢" and the UDAG account at $240,404.57. The board then considered three resolutions: 26-21 to enter a lease with Curious Kids Childcare & Play Center LLC, 26-22 to hire CRT Environmental Solutions LLC to prepare a site management periodic review for up to $9,500, and 26-23 to purchase a builder's-risk policy for the Boscov's renovation not to exceed $8,000. Each resolution was moved and seconded and approved by voice vote.
Mayor provided a broad update on the Binghamton Plaza demolition timeline, saying the city expects "to get environmental additional surveys back, middle of August" and that it plans to "send our entire package to the New York State DEC for their review," with a target of a Labor Day-ish decision to move the project to public bidding. The mayor also described parallel work on Clinton Street DRI contracts, parking garage demolition and multiple housing projects, including a priority application for 9% low-income housing tax credits for the Stadium Lofts project.
Board members did not record roll-call vote tallies in the transcript; motions were approved by voice vote as noted in the meeting record. Next procedural steps identified in the meeting: city council review of the Curious Kids lease, the DEC review and submittal of contractor bids and related contracting work for the DRI projects.
