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HDC's future remains undetermined

May 23, 2018 7:30 am

Amanda Purcell is reporting for Columbia-Greene Media the fate of the embattled Hudson Development Corporation remains undecided following a meeting of the agency's board of directors May 22. The board discussed tabling the decision to redevelop the former Kaz site and the role of the corporation after residents and members of the Common Council criticized the board’s lack of transparency. “I think a lot of this conversation started because several people were getting a little disturbed about what was going on with the Kaz warehouse,” Mayor Rick Rector said. “And then, the conversation became bigger than Kaz — it was moving too fast, and then it became incorporated to a bigger conversation about HDC.” Disbanding the development agency could affect the $10 million Downtown Revitalization grant funding, Rector said. “Unless there is a viable alternative that we can come to a decision really quickly as a city, that [the HDC] is the only apparatus we have to deal with the DRI right now,” Rector said. A link to a recording of the full May 22 HDC meeting can be found on the WGXC Newsroom page and in the WGXC archive. Read the full story at HudsonValley360 [dot] com.