More than once in the recent past, Common Council president Tom DePietro has talked about selling city-owned property to close the revenue gap in the 2020 city budget. He has mentioned the possibility of selling the house at the Churchtown Reservoir in Taghkanic and monetizing the vacant land behind Charles Williams Park as a solar field.
At the Public Works and Parks Committee meeting last Wednesday, DPW superintendent Rob Perry, presumably at DePietro's request, reported on the potential income from the sale of four city-owned properties maintained by DPW: 1 North Front Street, the former Washington Hose firehouse now the location of the Columbia County Chamber of Commerce; 10-12 Warren Street, the location of the Hudson Daycare Center; 429 Warren Street, the location of the Code Enforcement Office; and 520 Warren Street, City Hall. He noted that if each of the buildings were sold for the fair market value listed in the tax rolls, the city would realize a profit of $2,560,000. If all the buildings went back on the tax rolls, it would bring in $19,430 annually to the city, based on the current mill rate. Of course, the expense of rehoming City Hall and the Code Enforcement Office did not figure into the discussion.
Today, a phalanx of county trucks was lined up along Fourth Street, and heavy equipment and workers were busy, it seemed, regrading and resurfacing the lot--upgrading a parking lot on property that doesn't belong to the county.
In February 2020, the Common Council passed a resolution in support of selling the parcel for the development of affordable housing. Didn't anyone remind that county that the city owns the lot or inform them that the city has other plans for it? Or did the Common Council's resolve to sell it go the way of its resolve to sell it in 2012 and again in 2015?
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As I recall, in the process of designing and approving the new court/HPD building, the Council agreed that the proceeds of the sale of the old HPD building were to be used to pay down the debt the City incurred to affect the change of official venues. It might have been only an informal agreement -- my memory fails on that detail.
ReplyDeleteInstead of identifying ways to save money (i.e. putting City staff on furlough or actually cutting staff) the City is looking to pawn off all its assets to keep afloat. What atrocious fiscal management! Does Rob Perry have buyers at the ready for all these properties, checks in hand? Maybe it's me, but there doesn't seem to be a lot of folks looking to buy a building like City Hall or the Chamber building just hanging around. Hudson needs money - now.
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