Gov. David A. Paterson signed legislation Thursday, Aug. 7, to increase Schenectady Metroplex bonding authority from $50 million to $75 million.
The legislation, sponsored by Assembly Minority Leader James Tedisco, R-Schenectady, allows the authority to borrow more money for private investment in the county. It also prohibits elected officials and political party chairs from seeking employment with the Metroplex board.
A Boeing B-17 bomber touched down at the Empire State Aero Science Museum at the Schenectady County Airport Monday, Aug. 11.
Designed to carry 10 crew members, the plane carried four from Harrisburg, Pa., to Schenectady, where it ended its short stay at the museum Thursday, Aug. 14, when it took off to Lawrence, Mass.
Despite the severe thunderstorms that caused damage across the Capital District, Schenectady County saw no federal assistance for storm-related repairs.
"It is an extreme financial burden to the county," said William VanHoesen, county director of emergency management. "We are in tight budgetary times, and here is this expense that we can't get any assistance with."
VanHoesen said every county and state must meet a damage threshold in order to qualify for federal assistance. He said while the county has reached its $460,000 threshold with more than $3 million worth of damage, the state has not yet reached its $23 million threshold, and therefore, the county will not see any relief.
The Downtown Schenectady Improvement Corporation was again awarded $200,000 from the state Main Street grant for improvements in downtown Schenectady.
The funding can be applied to residential and commercial projects on lower State Street between Erie Boulevard and Washington Avenue and South Ferry from Erie to State.
"The new grant will help us jump start efforts to revitalize lower State Street in conjunction with Metroplex," said Jim Salengo, executive director of DSIC.
Metroplex Development Authority is considering purchasing a 260,000-square-foot facility in the Rotterdam Corporate Park for use by the Galesi Group.