During a recent government meeting, officials provided updates on the fiscal year 2025 budget and discussed various ongoing projects and property developments in the downtown area. The meeting highlighted the challenges of providing timely updates on public works, with officials acknowledging that some repairs and projects may take longer than expected. The Public Works Director emphasized the importance of transparency, stating that updates will be shared as they become available.
A significant topic of discussion was the recent sale of several properties in downtown, with officials indicating that further information about the new owners' plans would be shared in the future. One official referenced a recent article from the Times Union, which reported that a local restaurateur was informed of plans to convert a property into a hotel, necessitating his departure by the end of September.
The meeting also addressed a resolution to amend the fiscal year 2025 budget to allocate funding for a collective bargaining agreement for the Fraternal Order of Police (FOP) in downtown Cape. However, a discrepancy was noted regarding the resolution number, prompting a clarification that it should reflect the fiscal year 2024 budget instead. The Chief Financial Officer, Ashley Gossett, explained that the financial impact of the amendment would be just over $71,000, with funds sourced from programming rather than capital funds.
As the meeting concluded, officials expressed their commitment to drafting a summary of the discussions to ensure all members are informed and no details are overlooked.