City Council

TROY CITY COUNCIL FINANCE MEETING AGENDA February 16, 2023 6:00 P.M. Pledge of Allegiance Roll Call Presentation of Agenda Public Forum ORDINANCES 10. Ordinance Amending The 2023 Capital Projects Fund Budget (Council President Mantello) (At The Request Of The Administration) 11. Ordinance Authorizing The Sale Of A Certain City Owned Parcel Of Real Property By The Proposal Sale Application Method (Council President Mantello) (At The Request Of The Administration) 12. Ordinance Authorizing Discontinuance Of The Public Right Of Way Known As Canal Street Between Franklin Street And Third Street In Order To Expand The Canal Street Park (Council President Mantello) (At The Request Of The Administration) 13. Ordinance Authorizing Discontinuance Of The Public Right Of Way Known As Hill Street Between Fourth Street And Liberty Street (Council President Mantello) (At The Request Of The Administration) RESOLUTIONS 14. Resolution Proclaiming March, 2023, As Women’s History Month In The City Of Troy (Council President Mantello, Council Member Steele, Council Member Gulli, Council Member Figueroa, Council Member Menn, Council Member Sorriento, Council Member Conley-Wilson) 15. Resolution Appointing Commissioners Of Deeds For The City Of Troy (Council President Mantello) 16. Resolution Determining That A Proposed Action Is A Type Ii Action For Purposes Of The New York State Environmental Quality Review Act (Council President Mantello) (At The Request Of The Administration) 17. Bond Resolution Of The City Of Troy, New York, Authorizing The Issuance Of $950,000 Serial Bonds To Finance The Purchase Of A Motor Vehicle Used For Fighting Fires. (Council President Mantello) (At The Request Of The Administration) 1 18. Resolution Of Troy City Council Scheduling A Public Hearing In Connection With The Discontinuance Of Northern Drive From 5th Avenue West To New Turnpike Road A/K/A New Schaghticoke Road (Council Member Gulli) (At The Request Of The Administration) 19. Resolution Authorizing The Mayor To Enter Into An Agreement With Stephenson Equipment, Inc., For The Purchase Of A New Asphalt Hotbox Trailer Under The Sourcewell Consortium Falcon Road Maintenance Equipment, Inc., Contract #052417-Frm And The New York State Ogs Contract #Pc68466 (Council President Mantello) (At The Request Of The Administration) 20. Resolution Authorizing Traffic Flow Changes On Hill Street And Liberty Street (Council President Mantello) (At The Request Of The Administration) 2  ORD10 ORDINANCE AMENDING THE 2023 CAPITAL PROJECTS FUND BUDGET The City of Troy, convened in City Council, ordains as follows: Section 1. The City of Troy 2023 budget is hereby amended as set forth in Schedule A entitled: 2023 Budget Amendment(s) – Capital Projects Fund which is attached hereto and made a part hereof. Section 2. This Ordinance shall take effect immediately. Approved as to form, ____________________, 2023 Richard T. Morrissey, Corporation Counsel  ORD10 WM. Patrick Madden Andrew Piotrowski Mayor City Comptroller Chris Nolin Deputy Mayor Office of the Comptroller City Hall 433 River Street Troy, New York 12180 Date: February 7, 2023 To: Troy City Council From: Andrew Piotrowski, City Comptroller Re: 2023 Budget Amendment(s) – Capital Projects Fund The reasons below are specific to the items as referenced on the Schedule A as justification for the budget amendment(s). 1. Funding for the purchase of a new ambulance. The estimated cost is $290,000. Funding for this purchase is from the transfer approved in December 2022 from the General Fund. 2. The creation of the revenue and expense accounts for the purchase of a new fire pumper pursuant to the bond resolution included on this agenda. 3. Funding in the amount of $166,800 for third party engineering services to begin preparing for the 2023 street paving program. These costs will be reimbursed under New York State street paving programs.  Schedule A ORD10 2022 Budget Amendment(s) – Capital Projects Fund Original Change Revised Department Account No. Description Reference Budget* (+/-) Budget Capital Projects Fund Revenues 2023 General Fund Capital Plan H.0000.5731.0692.0000 BANs Redeemed 0.00 750,000.00 750,000.00 2 Street Paving H.5000.3501.0671.0003 State Aid 0.00 166,800.00 166,800.00 3 Total General Fund Budget Expenditure Increase 916,800.00 Expenditures 2023 General Fund Capital Plan H.1640.0202.0692.0000 Vehicles 1,000,000.00 (290,000.00) 710,000.00 1 2023 General Fund Capital Plan H.3410.0202.0692.0001 Vehicles 0.00 290,000.00 290,000.00 1 2023 General Fund Capital Plan H.3410.0202.0692.0002 Vehicles 0.00 750,000.00 750,000.00 2 Street Paving H.5197.0409.0671.0000 Consultant Services 0.00 166,800.00 166,800.00 3 Total General Fund Budget Expenditure Increase 916,800.00 Net Impact On General Fund 0.00 * Or as previously amended  ORD11 ORDINANCE AUTHORIZING THE SALE OF A CERTAIN CITY OWNED PARCEL OF REAL PROPERTY BY THE PROPOSAL SALE APPLICATION METHOD The City of Troy, in City Council convened, ordains as follows: Section 1. As authorized by Section 83-3(F)(2) of the Troy Code, the Bureau of Surplus Property accepted proposal sale applications and bids for the purchase of various parcels of City owned surplus real property acquired by in rem foreclosure. Section 2. After due consideration of the recommendations of the Property Review Committee, the Bureau has approved the attached proposal and bid for purchase of the parcel listed in Section 5 below. Section 3. The Council hereby authorizes the Mayor to sell and convey the parcel listed in Section 5 to the bidder named therein for the bid indicated, which sum is hereby determined to be a fair and adequate price for the property, without the necessity of competitive bidding. Section 4. The Council hereby authorizes the Mayor to execute and deliver to the successful bidder a quit claim deed conveying the premises listed in Section 5, with the conveyance expressly subject to the terms and conditions set forth below and in Section 83-5 of the Troy Code as applicable. Section 5. The approved proposal parcel, bidder purchaser, and bid purchase price are authorized as follows: TAX MAP # Location AV Bidder's Name Bid 101.69-10-27 184 3rd Street $8,800.00 P&A 3rd St. Property, LLC $27,000.00 Section 6. In addition to the terms and conditions of the sale in Section 83-5 of the Troy Code, the above property will be conveyed by quit claim deed, subject to any easements or restrictions of record. The purchaser shall be liable for and shall pay all closing costs related to these sales including, but not limited to, filing fees, deed stamps, survey, title report, environmental reports & cleanup, and attorney fees. Section 7. This Ordinance shall take effect immediately. Approved as to form, ______________________ , 2023 _____________________________________________ Richard T. Morrissey, Corporation Counsel ORD11 ORD11 ORD11 ORD11 ORD11  ORD12 ORDINANCE AUTHORIZING DISCONTINUANCE OF THE PUBLIC RIGHT OF WAY KNOWN AS CANAL STREET BETWEEN FRANKLIN STREET AND THIRD STREET IN ORDER TO EXPAND THE CANAL STREET PARK Section 1. The City Council hereby authorizes the permanent discontinuance of Canal Street as a public right of way from Franklin Street east to Third Street. Section 2. The Administration shall erect barriers and appropriate signage to carry into effect the discontinuance of the Canal Street right of way as authorized herein. Section 3. This Ordinance shall take effect immediately. Approved as to form, ______________________, 2023 _____________________________________________ Richard T. Morrissey, Corporation Counsel  ORD12 WM. Patrick Madden Steven Strichman Mayor Commissioner of Planning & Economic Development Christopher Nolin Deputy Mayor Department of Steven.Strichman@troyny.gov Planning & Economic Development City Hall 433 River Street Troy, New York 12180 To: City Council From: Steven Strichman Date: January 12, 2023 Re: Canal Avenue abandonment The Canal Park plan depicted to the right, extends the park north across Canal Avenue to the Poestenkill. For the one-block section of the Avenue, there are no garages, and vehicles heading east from 2nd Street will still be able to turn south onto Franklin Alley at the proposed terminus. Former City Engineer Aaron Vera had determined that the discontinuance of that ½ block of Canal Avenue would not cause a significant change to traffic patterns. The process to discontinue the street requires: 1. A public hearing on the matter with public notice run in the local paper for 10 consecutive days 2. A referral to the Planning Commission for comments 3. A SEQR determination 4. A three-fourths affirmative vote by the City Council  ORD13 ORDINANCE AUTHORIZING DISCONTINUANCE OF THE PUBLIC RIGHT OF WAY KNOWN AS HILL STREET BETWEEN FOURTH STREET AND LIBERTY STREET Section 1. The City Council hereby authorizes the permanent discontinuance of Hill Street as a public right of way from Liberty Street north to the intersection of Hill Street with 4th Street. Section 2. The Administration shall erect barriers and appropriate signage to carry into effect the discontinuance of the Hill Street right of way as authorized herein. Section 3. This Ordinance shall take effect immediately. Approved as to form, ______________________, 2023 _____________________________________________ Richard T. Morrissey, Corporation Counsel  ORD13 WM. Patrick Madden Steven Strichman Mayor Commissioner of Planning & Economic Development Christopher Nolin Deputy Mayor Department of Steven.Strichman@troyny.gov Planning & Economic Development City Hall 433 River Street Troy, New York 12180 To: City Council From: Steven Strichman Date: January 12, 2023 Re: Mobility Hub – Hill Street discontinuance Hill and Liberty directional changes The Mobility Hub, a collaboration with CDTA is only part of proposed changes in the Little Italy area that includes the CDBG 4th Street project, and the Little Italy/City improvements to the Market Place. As part of this suite of projects, the following will occur: 1) Closure (discontinuance) of short portion of Hill Street between Liberty and 4th. 2) Change Traffic from 2-way to 1-way South on Hill Street between Liberty and Washington to allow for angled parking on both sides of the street 3) Change traffic from 2-way to 1-way east bound on Liberty between Hill Street and 5th Avenue, and the addition of a retaining wall that supports new angled-parking on the south side of Liberty Street. A traffic study has been completed for the closure of Hill Street, and a follow-up study will soon be completed to ensure the directional changes do not create any negative issues. A public hearing must be held for each of the two directional changes, as well as for the discontinuance of one block of Hill Street. The process to discontinue the street requires: 1. A public hearing on the matter with public notice run in the local paper for 10 consecutive days 2. A referral to the Planning Commission for comments 3. A SEQR determination 4. A three-fourths affirmative vote by the City Council  RES14 RESOLUTION PROCLAIMING MARCH, 2023, AS WOMEN’S HISTORY MONTH IN THE CITY OF TROY WHEREAS, it is the custom of this Legislative Body to recognize official months to acknowledge and celebrate individuals and events of historic significance in order to add to the vitality, sensitivity, understanding, and inspiration of the diverse people of this great City of Troy; and WHEREAS, on August 18, 1920, the 19th Amendment to the United States Constitution giving women the right to vote was ratified; and WHEREAS, women of every economic, ethnic, and religious background have made significant contributions that are reflected in our cultural, social, educational, industrial and economic institutions, and have contributed in many ways, including as writers, educators, scientists, heads of state, politicians, civil rights crusaders, artists, entertainers, businesswomen, military personnel, aviators, entrepreneurs, philanthropists, health professionals, engineers, religious leaders, judges, lawyers, law enforcement personnel, athletes, mothers, nurturers, and as the foundation of our families and communities; and WHEREAS, women who have become part of New York's lasting heritage by fighting against stereotypes, prejudice, and seemingly insurmountable obstacles, include: Sojourner Truth (1797- 1883), former slave and famous activist; Harriet Tubman (1820-1913), best-known "conductor" of the Underground Railroad and promoter of black education and women's rights; suffragettes Susan B. Anthony (1820-1906) and Elizabeth Cady Stanton (1815-1902); world renowned folk artist Grandma Moses (1860-1961); famed reporter Nellie Bly (1867-1922); Sybil Ludington (1761-1839), known as the "female Paul Revere"; Barbara McClintock (1901-1992), Nobel Prize-winning genetic scientist; and "First Lady of the World," Eleanor Roosevelt (1884- 1962); and WHEREAS, the City of Troy and New York State have been, and continue to be, the home to many distinguished women who have made their mark in history as the first in their field to succeed, including women such as: Lady Deborah Moody (1586-1659), first woman grantee for land ownership in the New World; Kate Mullany (1845-1906), an Irish immigrant, who in February of 1864 at age 25, organized along with her fellow workers, the first women's labor union in the country, the Collar Laundry Union to improve working conditions and wages through successful direct actions; Elizabeth Blackwell (1821- 1910), first female physician; Linda Richards (1841- 1930), America's first trained nurse; Emma Willard (1787-1870), founder of the first endowed institution of education for women; Madam C.J. Walker (1867-1919), hairdressing entrepreneur, Harlem leader and first self-made female millionaire in the U.S.; Buffalonian Louise Blanchard Bethune (1856-1913), first professional female architect in the nation; Lucille Ball (1911-1989), actor and president of Desilu Productions, the first woman to lead a major Hollywood production company; Katharine Bement Davis (1860-1935), New York City Correction Commissioner, first woman to head a major City agency; Winifred Edgerton Merrill (1862-1951), the first American woman to receive a Ph.D. in Mathematics; Dr. Mary Edwards Walker (1832-1919), the first and only woman to be presented with the Congressional  RES14 Medal of Honor; and Belva Lockwood (1830-1917), the first woman to practice law before the United States Supreme Court; and WHEREAS, the Troy City Council recognizes that the City of Troy and New York State are home to countless women who are the strong and colorful threads that are vital to the fabric of our rich heritage, and who have contributed to and continued the advance of our culture through their traditional and non-traditional roles in society. NOW, THEREFORE, BE IT RESOLVED, that the Troy City Council hereby designates and proclaims the month of March, 2023, as Women’s History Month in the City of Troy. Approved as to form, ________________________, 2023 ______________________________________________ Richard T. Morrissey, Corporation Counsel  RES15 RESOLUTION APPOINTING COMMISSIONERS OF DEEDS FOR THE CITY OF TROY BE IT RESOLVED, that the Troy City Council hereby appoints the following named individuals, further identified in the applications attached hereto and made a part hereof, as Commissioners of Deeds for the City of Troy, each for a two-year term beginning on March 3, 2023, and ending on March 2, 2025. Sara McDermott 16 Munro Court Troy, New York 12180 Mary K. Hagy 891 7th Avenue Troy, New York 12182 Approved as to form, ________________________, 2023 ______________________________________________ Richard T. Morrissey, Corporation Counsel RES15 RES15  RES16 RESOLUTION DETERMINING THAT A PROPOSED ACTION IS A TYPE II ACTION FOR PURPOSES OF THE NEW YORK STATE ENVIRONMENTAL QUALITY REVIEW ACT WHEREAS, the City Council of the City of Troy, New York (the “City”) is considering financing the cost of the purchase of a motor vehicle used for fighting fires, whether or not including apparatus used in connection with such motor vehicle, or the purchase of such apparatus alone (the “Project”); and WHEREAS, pursuant to Article 8 of the Environmental Conservation Law, as amended (the “SEQR Act”), and the regulations adopted pursuant thereto by the Department of Environmental Conservation of the State of New York, being 6 NYCRR Part 617, as amended (the “Regulations”), the City desires to comply with the SEQR Act and the Regulations with respect to the Project. NOW, THEREFORE, BE IT RESOLVED, that the City Council has determined that the Project constitutes a “Type II Action” under 6 NYCRR § 617.5(c)(31) and no further action under the SEQR Act and the Regulations is required; and BE IT FURTHER RESOLVED, that this Resolution shall take effect immediately. Approved as to form, _________________, 2023 _______________________________________ Richard T. Morrissey, Corporation Counsel  RES16 WM. Patrick Madden Andrew Piotrowski Mayor City Comptroller Chris Nolin Deputy Mayor Office of the Comptroller City Hall 433 River Street Troy, New York 12180 Date: February 7, 2023 To: Troy City Council From: Andrew Piotrowski, City Comptroller Re: Fire Pumper SEQRA This Resolution declares the attached bond Resolution to purchase a new fire pumper to be a Type II action with no further action required under SEQRA.  RES17 BOND RESOLUTION OF THE CITY OF TROY, NEW YORK, AUTHORIZING THE ISSUANCE OF $950,000 SERIAL BONDS TO FINANCE THE PURCHASE OF A MOTOR VEHICLE USED FOR FIGHTING FIRES. BE IT RESOLVED, by the City Council of the City of Troy, New York (the “City”) as follows: Section 1. The City is hereby authorized to undertake the purchase of a motor vehicle used for fighting fires, whether or not including apparatus used in connection with such motor vehicle, or the purchase of such apparatus alone, at an estimated maximum cost not to exceed $950,000. Section 2. The plan for financing such estimated maximum cost shall be by the issuance of $950,000 in serial bonds (the “Bonds”) of the City, which are hereby authorized to be issued pursuant to this resolution and the provisions of the Local Finance Law. Section 3. It is hereby determined that the period of probable usefulness of the aforesaid specific object or purpose is twenty (20) years pursuant to paragraph 27 of Section 11.00(a) of the Local Finance Law. Section 4. Pursuant to Section 107.00(d)(9) of the Local Finance Law, current funds are not required to be provided prior to issuance of the Bonds or any bond anticipation notes issued in anticipation of issuance of the Bonds. Section 5. The temporary use of available funds of the City, not immediately required for the purpose or purposes for which the same were borrowed, raised or otherwise created, is hereby authorized pursuant to Section 165.10 of the Local Finance Law, for the capital purposes described in Section 1 of this resolution. Section 6. The Bonds and any bond anticipation notes issued in anticipation of the Bonds, shall contain the recital of validity prescribed by Section 52.00 of the Local Finance Law and the Bonds, and any bond anticipation notes issued in anticipation of the Bonds, shall be general obligations of the City, payable as to both principal and interest by a general tax upon all the real property within the City without legal or constitutional limitation as to rate or amount. The faith and credit of the City are hereby irrevocably pledged to the punctual payment of the principal of and interest on the Bonds, and any bond anticipation notes issued in anticipation of the Bonds, and provision shall be made annually in the budget of the City by appropriation for (a) the amortization and redemption of the Bonds and bond anticipation notes to mature in such year, and (b) the payment of interest to be due and payable in such year. Section 7. Subject to the provisions of this resolution and of the Local Finance Law, and pursuant to the provisions of Sections 21.00, 30.00, 50.00 and 56.00 to 63.00, inclusive, of the Local Finance Law, the power to authorize the issuance of and to sell bond anticipation notes in anticipation of the issuance and sale of the Bonds herein authorized, including renewals of such notes, and the power to prescribe the terms, form and contents of the Bonds, and any bond anticipation notes, and the power to sell and deliver the Bonds and any bond anticipation notes issued in anticipation of the issuance of the Bonds, and the power to issue bonds providing for level or substantially level or declining annual debt service, is hereby delegated to the City Comptroller, the Chief Fiscal Officer of the City. Section 8. The reasonably expected source of funds to be used to initially pay for the expenditures authorized by Section 1 of this resolution shall be from the City’s General Fund. It is intended that the City shall then reimburse such expenditures with the proceeds of the Bonds and bond anticipation notes authorized by this resolution and that the interest payable on the Bonds and any bond anticipation notes issued in anticipation of the Bonds shall be excludable from gross income for federal income tax purposes. This resolution is intended to constitute the declaration of the City’s “official intent” to reimburse the expenditures authorized by this resolution with the proceeds of the Bonds and bond anticipation notes authorized herein, as required by Treasury Regulation Section 1.150-2. Other than as specified in this resolution, no moneys are reasonably expected to be, received, allocated on a long-term basis, or otherwise set aside with respect to the permanent funding of the objects or purposes described herein. Section 9. The serial bonds and bond anticipation notes authorized to be issued by this resolution are hereby authorized to be consolidated, at the option of the City’s Comptroller, the Chief Fiscal Officer, with the serial bonds and bond anticipation notes authorized by other bond resolutions previously or heretofore adopted by the City Council for purposes of sale in to one or more bond or note issues aggregating an amount not to exceed the amount authorized in such resolutions. All matters regarding the sale of the bonds, including the dated date of the bonds, the use of electronic bidding, the consolidation of the serial bonds and the bond anticipation notes with other issues of the City and the serial maturities of the bonds are hereby delegated to the City Comptroller, the Chief Fiscal Officer of the City. Section 10. The City may receive certain federal and New York State grant funds for the capital purposes described in Section 1 of this resolution. Any such grant funds shall be applied to pay the principal or interest on the Bonds or any bond anticipation notes issued in anticipation of the Bonds or to the extent obligations shall not have been issued under this resolution, to reduce the maximum amount to be borrowed for such capital purposes. Section 11. The validity of the Bonds authorized by this resolution and of any bond anticipation notes issued in anticipation of the Bonds may be contested only if: (a) such obligations are authorized for an object or purpose for which the City is not authorized to expend money; or  (b) the provisions of law which should be complied with at the date of the publication of this resolution or a summary hereof are not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty (20) days after the date of such publication; or (c) such obligations are authorized in violation of the provisions of the Constitution. Section 12. The City Comptroller, as Chief Fiscal Officer of the City, is hereby authorized to enter into an undertaking for the benefit of the holders of the Bonds from time to time, and any bond anticipation notes issued in anticipation of the sale of the Bonds, requiring the City to provide secondary market disclosure as required by Securities and Exchange Commission Rule 15c2-12, as amended. Section 13. This resolution, or a summary of this resolution, shall be published in the official newspapers of the City for such purpose, together with a notice of the Clerk of the City in substantially the form provided in Section 81.00 of the Local Finance Law. Section 14. This resolution is not subject to a mandatory or permissive referendum. Section 15. The Council hereby determines that the provisions of the State Environmental Quality Review Act and the regulations thereunder have previously been satisfied with respect to the expenditures authorized by this resolution. Section 16. No Bonds, or bond anticipation notes to be issued in anticipation of the Bonds, shall be issued until the Supervisory Board created by Chapter 721 of the Laws of 1994, as amended (the “Act”), shall have first reviewed and commented on the issuance of the Bonds and any bond anticipation notes to be issued in anticipation of the Bonds in accordance with the requirements of the Act, if and to the extent such approval is required under the Act. Section 17. This Resolution shall take effect immediately upon its adoption. Approved as to form, ______________________, 2023 ____________________________________________ Richard T. Morrissey, Corporation Counsel  RES17 WM. Patrick Madden Andrew Piotrowski Mayor City Comptroller Chris Nolin Deputy Mayor Office of the Comptroller City Hall 433 River Street Troy, New York 12180 Date: December 3, 2022 To: Troy City Council From: Andrew Piotrowski, City Comptroller Re: Bond Resolution – Fire Pumper The City needs a new fire pumper as Engine 2 is twenty years old, has over 100,000 miles, and the cost to repair is becoming unsustainable. For example, Engine 2 recently required significant engine work totaling over $10,000.00, not including any other required maintenance. The current lead time for delivery of a new fire pumper is estimated to be approximately 24 months, creating the operational need to order a new pumper as soon as possible. At this time, the funding for the fire pumper is proposed to be via bond resolution, with the debt not being issued until delivery. Attached is an estimated payback analysis based on the current financial market conditions. The total cost, including principal and interest, would be approximately $1,324,000.00, assuming the City issues bond anticipation notes for five years and a serial bond for fifteen years. Another financing source could be an appropriation from the General Fund. This would depend on the availability of the General Fund’s Unassigned Fund Balance and/or Capital Reserve. This evaluation will be made throughout the 2023 fiscal year. However, given the operational need and significant lead time, it is recommended that the initial funding come from the issuance of debt.  RES17 City of Troy, New York Fire Pumper Bond Resolution Estimated Payback Schedule PPU 20 Initial Issuance 950,000 Year Year # Amount Issued Principal Payment Interest Rate * Interest Payment Total Budget Cost 2025 0 950,000 0 3.182% 0 0 2026 1 950,000 0 3.182% 30,229 30,229 2027 2 890,000 60,000 3.182% 30,229 90,229 2028 3 825,000 65,000 3.182% 28,320 93,320 2029 4 755,000 70,000 3.182% 26,252 96,252 2030 5 675,000 80,000 3.182% 24,024 104,024 Total 275,000 139,053 414,053 Bond Issuance 675,000 Remaining Year Year # Principal Interest Interest Rate * Total Budget Cost Princpal Balance 2031 6 641,290 33,710 27,000 4.00% 60,710 2032 7 606,231 35,059 25,651 4.00% 60,710 2033 8 569,770 36,461 24,249 4.00% 60,710 2034 9 531,851 37,919 22,791 4.00% 60,710 2035 10 492,415 39,436 21,274 4.00% 60,710 2036 11 451,401 41,014 19,696 4.00% 60,710 2037 12 408,747 42,654 18,056 4.00% 60,710 2038 13 364,387 44,360 16,350 4.00% 60,710 2039 14 318,252 46,135 14,575 4.00% 60,710 2040 15 270,272 47,980 12,730 4.00% 60,710 2041 16 220,373 49,899 10,811 4.00% 60,710 2042 17 168,478 51,895 8,815 4.00% 60,710 2043 18 114,507 53,971 6,739 4.00% 60,710 2044 19 58,377 56,130 4,580 4.00% 60,710 2045 20 0 58,377 2,333 4.00% 60,710 Total 675,000 235,650 910,650 * The interest rate(s) are based on a conservative estimate of the current market conditions in consultation with Fiscal Advisors.  RES18 RESOLUTION OF TROY CITY COUNCIL SCHEDULING A PUBLIC HEARING IN CONNECTION WITH THE DISCONTINUANCE OF NORTHERN DRIVE FROM 5TH AVENUE WEST TO NEW TURNPIKE ROAD A/K/A NEW SCHAGHTICOKE ROAD RESOLVED that the City Council of the City of Troy, will hold a public hearing on March 16, 2023, at _____ p.m., in the City Council Legislative Chamber, Troy City Hall, 433 River Street, 5th Floor, Troy, New York, in connection with the following matter: The purpose of the public hearing is to consider a proposal to permanently discontinue the Northern Drive right of way, from Fifth Avenue to New Turnpike Road a/k/a New Schaghticoke Road; and BE IT FURTHER RESOLVED, that all persons interested in the foregoing matter may be heard in reference thereto at the public hearing; and BE IT FURTHER RESOLVED, that the City Clerk shall cause notice of the public hearing to be published in the Troy Record for at least ten (10) consecutive days before the hearing; and BE IT FURTHER RESOLVED, that the City Council refers the proposal to discontinue Northern Drive between Fifth Avenue and New Turnpike Road a/k/a New Schaghticoke Road to the Planning Commission for their review and report. Approved as to form, __________________________, 2023 ________________________________________________ Richard T. Morrissey, Corporation Counsel  RES18 WM. Patrick Madden Steven Strichman Mayor Commissioner of Planning & Economic Development Christopher Nolin Deputy Mayor Department of Steven.Strichman@troyny.gov Planning & Economic Development City Hall 433 River Street Troy, New York 12180 To: City Council From: Steven Strichman Date: February 6, 2023 Re: Northern Drive (extension) abandonment The area depicted in the photo to the right, includes an awkward 5-way intersection (black circle) with excess paving. The properties to the north (gas station) and the south (Old Daly) have projects that have been approved by the Planning Commission, and we now have an opportunity to improve the look and feel of this Lansingburgh gateway. The owner to the north is interested in purchasing the section of Northern Drive between New Turnpike and 5th Avenue shown in red. Previously the owner to the south had interest as well. There is a water line running the length of this section, which would require the creation of a permanent easement for the water line that runs down that length of the street. The easement for the water line would require that no permanent building construction occurs on top, so the land is of little value to any other users. Our (recent) engineer, Aaron Vera has drafted a letter stating that the city has no need for that section for transportation purposes, and DPU and OGS have agreed that they do not need the continuance of that one block section of Northern Drive. The Fire Department was consulted on February 3rd 2023 and has no issue with the loss of this section. The process to discontinue the street requires: 1. A public hearing with public notice run in the local paper for 10 consecutive days 2. A referral to the Planning Commission for comments 3. A SEQR determination 4. A three-fourths affirmative vote by the City Council The process to sell the property moving forward would be: 1. Declare property surplus and place on City auction list (with conditions if so desired) 2. Evaluate proposals and sell property 3. Purchasers complete surveys and easements, and cover closing costs  RES18 Wm. Patrick Madden Aaron J. Vera, P.E. Mayor City Engineer Phone: (518) 279-7110 aaron.vera@troyny.gov Bureau of Engineering 433 River St., Ste. 5001 Troy, New York 12180 To: Richard Morrissey Date: December 1, 2022 RE: Abandonment of Portion of Northern Drive My office has reviewed the concept of abandoning of a portion of Northern Drive between 5th Avenue and New Turnpike Road. It is our opinion that this section of roadway is not required for access to private properties, nor would it be required for the proper flow of traffic. In fact, the proximity of Northern Drive/5th Ave. intersection to the intersection of 125th/5th/Northern creates conflicts with queuing vehicles. Further, abandoning this section of road would improve pedestrian safety by eliminating points conflict and allowing for improved sidewalk connections. Any abandonment must take into account utilities that exist in the area. It is our understanding that only a City-owned water main exists within this section of Northern Drive. The Department of Public Utilities should provide guidance on proper easement language to monument the City’s right to access this area for continued operation, maintenance, and replacement of this utility. At a minimum, such language should restrict the erection of foundations or structures within 15 feet of the water main and hold the City harmless from any damages that may occur from failure, maintenance, or replacement. Respectfully, Aaron J. Vera, P.E. City Engineer City of Troy Cc: Steven Strichman 1  RES19 RESOLUTION AUTHORIZING THE MAYOR TO ENTER INTO AN AGREEMENT WITH STEPHENSON EQUIPMENT, INC., FOR THE PURCHASE OF A NEW ASPHALT HOTBOX TRAILER UNDER THE SOURCEWELL CONSORTIUM FALCON ROAD MAINTENANCE EQUIPMENT, INC., CONTRACT #052417-FRM AND THE NEW YORK STATE OGS CONTRACT #PC68466 WHEREAS, the City of Troy Department of Public Works needs to procure a new asphalt hotbox trailer for more capacity and to replace older less reliable equipment in order to continue to provide high levels of service to the residents of Troy; and WHEREAS, the Department of Public Works desires to purchase a hotbox trailer manufactured by Falcon Road Maintenance Equipment, LLC, a Sourcewell contractor; and WHEREAS, the City of Troy is a member of the Sourcewell Cooperative Purchasing Consortium and can procure the Falcon hot box trailer and options at a 10% discount through a combination of Sourcewell Contract No. #052417-FRM and New York State OGS Contract #PC68466 for approximately $47,121.00; and WHEREAS, the City Council already has approved sufficient funding for this capital expenditure. NOW, THEREFORE, BE IT RESOLVED, that the Troy City Council hereby authorizes the Mayor to enter into a contractual Agreement with Stephenson Equipment, Inc., an authorized Falcon dealer, for the purchase of a new asphalt hotbox trailer for the Department of Public Works, the Agreement to be in substantial conformance with the Agreements attached hereto, subject to review and inclusion of the terms, conditions, and provisions of City contracts as may be required by Corporation Counsel for the protection of the City and the public. Approved as to form, ________________________ , 2023 _______________________________________________ Richard T. Morrissey, Corporation Counsel RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19 RES19  RES20 RESOLUTION AUTHORIZING TRAFFIC FLOW CHANGES ON HILL STREET AND LIBERTY STREET IT IS HEREBY RESOLVED, that the Troy City Council authorizes changing the vehicle travel direction on Liberty Street between 4th Street and 5th Avenue from two-way, west-bound and east-bound, to one-way east-bound; and IT IS FURTHER RESOLVED, that the Troy City Council authorizes changing the vehicle travel direction on Hill Street between Liberty Street and Washington Street from two- way, north-bound and south-bound, to one-way south-bound; and IT IS FURTHER RESOLVED, that the Administration shall erect appropriate signage and warnings to carry into effect the traffic flow changes authorized herein. Approved as to form, ______________________, 2023 _____________________________________________ Richard T. Morrissey, Corporation Counsel  RES20 WM. Patrick Madden Steven Strichman Mayor Commissioner of Planning & Economic Development Christopher Nolin Deputy Mayor Department of Steven.Strichman@troyny.gov Planning & Economic Development City Hall 433 River Street Troy, New York 12180 To: City Council From: Steven Strichman Date: January 12, 2023 Re: Mobility Hub – Hill Street discontinuance Hill and Liberty directional changes The Mobility Hub, a collaboration with CDTA is only part of proposed changes in the Little Italy area that includes the CDBG 4th Street project, and the Little Italy/City improvements to the Market Place. As part of this suite of projects, the following will occur: 1) Closure (discontinuance) of short portion of Hill Street between Liberty and 4th. 2) Change Traffic from 2-way to 1-way South on Hill Street between Liberty and Washington to allow for angled parking on both sides of the street 3) Change traffic from 2-way to 1-way east bound on Liberty between Hill Street and 5th Avenue, and the addition of a retaining wall that supports new angled-parking on the south side of Liberty Street. A traffic study has been completed for the closure of Hill Street, and a follow-up study will soon be completed to ensure the directional changes do not create any negative issues. A public hearing must be held for each of the two directional changes, as well as for the discontinuance of one block of Hill Street. The process to discontinue the street requires: 1. A public hearing on the matter with public notice run in the local paper for 10 consecutive days 2. A referral to the Planning Commission for comments 3. A SEQR determination 4. A three-fourths affirmative vote by the City Council