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$10 million - Page 8

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Three City Census Tracts New ‘Opportunity Zones’

Three City Census Tracts New ‘Opportunity Zones’ ONEONTA – New York State has designated the City of Oneonta’s downtown and the D&H yards as Economic Opportunity Zones, the Empire State Development Corp. announced this afternoon. The designation is designed to channel money into neighborhoods that are considered poverty-stricken, according to Jody Zakrevsky, Otsego Now CEO.…

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Standard & Poor’s Keeps Bond Rating For City Hall At Historical A-A- Level

Standard & Poor’s Keeps Bond Rating For City Hall At Historical A-A- Level ONEONTA – Standard & Poor’s has affirmed the City of Oneonta’s long-term rating of “AA-” on outstanding debt. Its report, dated April 9, states that the City of Oneonta, with its strong management and good financial policies and practices, has been able to earn this rating despite Oneonta’s weak economy.…

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In DRI Era, Historical Society Opens Urban Renewal Exhibit

In DRI Era, Historical Society Opens Urban Renewal Exhibit Against a backdrop of aerial photos from the Urban Renewal era, Bob Brzozowski, Greater Oneonta Historical Society executive director, welcomes visitors to “Urban Redevelopment: Oneonta’s Downtown in the ’60s and ’70s,” this afternoon at the opening reception.  The aerial photos, showing the City of the Hills before and after a few dozen downtown buildings were demolished, was designed to provide historical perspective as the city moves forward with its DRI, the $10…

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Oneonta Featured In New York Times

Oneonta Featured In New York Times ONEONTA – An article highlighting Oneonta’s $10 Million Downtown Revitalization Initiative made the NY Region section of the New York Times yesterday. Headlined, “For Oneonta’s Aging Downtown, a $10 Million Face-Lift,” Lisa W. Foderaro’s article focuses on Mayor Gary Herzig’s efforts to bring young renters and shoppers back to Oneonta’s downtown by renovating historic buildings, upgrading signage and increasing housing offerings. “We’re very lucky in that our downtown is beautiful and historic and it’s…

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Constituents Denounce Faso-Collins AHCA Amendment To County Board

KJOLHEDE: VULNERABLE WOULD BE HURT County Board Pulls Motion Backing Faso’s AHCA Move COOPERSTOWN – After hearing objections from the public, the county Board of Representatives this morning pulled a resolution that would have supported U.S. Rep. John Faso’s amendment requiring the State of New York to absorb any additional costs of federal Medicaid cuts, rather than passing them along to counties. Constituents were lined up out into the hallway outside the County Board’s chamber on the second floor of…

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MATHES, WHO REVITALIZED IDA, LEAVING

READ RESIGNATION LETTER MATHES, WHO REVITALIZED IDA, LEAVING 3rd Resignation Creates Crisis For Otsego Now By JIM KEVLIN • Special to www.allotsego.com ONEONTA – The coup is complete. Sandy Mathes, who revolutionized economic development in Otsego County in the past three years, has given the 90-day notice required by his contract, and will be departing as CEO of the Otsego Now organization he created by summer’s end. As if to punctuate the end of an era, Bob Hanft of Pierstown,…

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‘Transformation’ Near, Hochul Says

READ DETAILS FROM OFFICIAL RELEASE ‘Transformation’ Near, Hochul Says Cuomo Administration Approves All Of Oneonta’s $10M Proposal By JIM KEVLIN • Special to www.AllOTSEGO.com ONEONTA – The whole thing. Pretty much everything the Oneonta DRI Planning Committee asked for will be funded through $10 million pledged by the Cuomo Administration, Lt. Gov. Kathy Hochul told an upbeat gathering at 12:30 today in Foothills’ upstair theater. “At the end of the day, this community will be transformed,” Hochul said of the…

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Questions Greet, Applause Affirms Mathes Appearance

BRIEFING IN SCHENEVUS Questions Greet, Applause Affirms Mathes Appearance 75 Attendees Provided Details Of Hunt For Distribution Center By JIM KEVLIN • Special to www.allotsego.com SCHENEVUS – “Welcome,” an audience member called out when Otsego Now CEO Sandy Mathes finished introducing the concept of a 250- to 600-job distribution center to a community whose commercial base dropped from 57 businesses to a handful in the last half-century. Even with 90 minutes of sometimes probing questions that followed from the 75…

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Small Business Support, Signage Westcott Lot Top DRI Projects

Small-Business Support, Signs, Westcott Lot Top DRI Projects By IAN AUSTIN & LIBBY CUDMORE • Special to www.AllOTSEGO.com ONEONTA – The redevelopment of the Westcott Lot, new signage on Main Street, upper-floor apartments and, the centerpiece – the Mohawk Valley Food & Beverage Innovation District – were all recommended for a piece of the $10 million DRI funding by Stantec and the three Downtown Revitalization Initiative subcommittees during their annual meeting this afternoon. “No one person in this group will get everything…

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Putting the Community Back Into the Newspaper

Now through July 31st, new or lapsed annual subscribers to the hard copy “Freeman’s Journal” (which also includes unlimited access to AllOtsego.com), or electronically to AllOtsego.com, can also give back to one of their favorite Otsego County charitable organizations.

$5.00 of your subscription will be donated to the nonprofit of your choice:

Cooperstown Farmers’ Market, Cooperstown Food Pantry, Greater Oneonta Historical Society or Super Heroes Humane Society.