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Sterling proposes Hudson buy Holcim dock
Jan 11, 2011 12:19 am
Carole Osterink in The Gossips of Rivertown reports on Monday night's informal Common Council meeting in Hudson where First Ward Alderman Sarah Sterling proposed a resolution "to Authorize the Mayor to Negotiate with Holcim Cement Company for the Purchase of Their Property in the City of Hudson." The resolution to purchase the the deep water port dock for "it's actual worth [of] $1.5 million not the current assessed value of $4.5 million," must now pass through the Legal Committee, chaired by Third Ward Alderman Ellen Thurston (who reads a list of local events on Thursdays on WGXC). That committee is tentatively scheduled to meet 6 p.m. Jan. 26 at City Hall. Read ahead to see the entire resolution quoted from The Gossips of Rivertown.
WHEREAS, the City of Hudson in its proposed Local Waterfront Revitalization Program has recognized the importance of the waterfront, especially the area of the deep water port, to the future economic development of the City of Hudson; and
WHEREAS, the proposed LWRP states that "the City supports the continued operation of this port, preferably under the ownership and control of the City of Hudson"; and
WHEREAS, the Common Council of the City of Hudson believes that revitalization of the City's waterfront is critical to the City's continued economic growth and the health and welfare of its residents; and
WHEREAS, the Holcim Cement Company which owns the deep water port dock that could be an important part of the revitalization of the waterfront has declared that the value of their property in the City of Hudson is actually worth $1.5 million not the current assessed value of $4.5 million and they also report no income from the property despite the evidence of continued delivery of aggregate by trucks through the City to the dock for shipment by barge; and
WHEREAS, the City of Hudson deems that at this time it would be in the City's best interest to acquire this property;
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Hudson authorizes the Mayor to enter into negotiations with Holcim Cement Company for the purchase of said property at the company's stated worth of $1.5 million with the purchase monies to be raised by a combination of private donations, grant monies, loans and/or bonds.
The Legal Committee is tentatively scheduled to meet Wednesday, January 26, at 6 p.m. at City Hall.
WHEREAS, the City of Hudson in its proposed Local Waterfront Revitalization Program has recognized the importance of the waterfront, especially the area of the deep water port, to the future economic development of the City of Hudson; and
WHEREAS, the proposed LWRP states that "the City supports the continued operation of this port, preferably under the ownership and control of the City of Hudson"; and
WHEREAS, the Common Council of the City of Hudson believes that revitalization of the City's waterfront is critical to the City's continued economic growth and the health and welfare of its residents; and
WHEREAS, the Holcim Cement Company which owns the deep water port dock that could be an important part of the revitalization of the waterfront has declared that the value of their property in the City of Hudson is actually worth $1.5 million not the current assessed value of $4.5 million and they also report no income from the property despite the evidence of continued delivery of aggregate by trucks through the City to the dock for shipment by barge; and
WHEREAS, the City of Hudson deems that at this time it would be in the City's best interest to acquire this property;
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Hudson authorizes the Mayor to enter into negotiations with Holcim Cement Company for the purchase of said property at the company's stated worth of $1.5 million with the purchase monies to be raised by a combination of private donations, grant monies, loans and/or bonds.
The Legal Committee is tentatively scheduled to meet Wednesday, January 26, at 6 p.m. at City Hall.