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State Audit of Sch'dy Metroplex / Bonding Limit
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 Should Metroplex be audited by NYS?
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State Audit of Sch'dy Metroplex / Bonding Limit  This thread currently has 4,390 views. | Print Thread
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Admin
August 10, 2008, 8:06am Report to Moderator
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http://www.dailygazette.com
Quoted Text
Gazette supports openness for all except Metroplex

    Gazette editorials have given high praise to the attorney general, the state comptroller and private groups such as the Manhattan Institute (seethroughny. com) for making government more accountable to voters by giving detailed reports of government activities.
    The attorney general’s Project Sunlight Web site reports the source of state elected officials’ campaign contributions, laws each legislator supported, and a detailed listing of each legislator’s “pork” projects. The state comptroller’s new “Open Book” Web site reports on the awarding of state contracts. The privately funded Web site “seethroughny. com” is reporting the salary of every state worker as well as the salaries of all employees of each school district. Local activist Pat Zollenger was praised editorially for personally paying to have access television (Channel 16) tape and cable-cast the city council committee meetings.
    However, in the matter of the Schenectady Metroplex Authority the Gazette editorial writers have taken a very different position, suggesting readers only need drive down State Street to know why Metroplex should have its life extended from 2028 to 2033 and should have its bonding cap increased from $50 million to $75 million. This Metroplex bonding is on top of the $6 million it receives from county sales taxes each year.
    There has been no meaningful report to the public or the Schenectady County Legislature on how Metroplex operates or how it used the $50-plus million it has already used since 1999. Voters have no idea how one or another project comes to be funded by Metroplex. Developers are not selected through an open bid process. How are they chosen? How is it decided that one or another developer will get a Metroplex interest-free loan, reduced taxes for their project, Metroplex or IDA actions which offset construction costs, a facade grant, or other favorable terms? We don’t know. A drive down State Street doesn’t cut it.
    ELMER F. BERTSCH
    Niskayuna
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Shadow
August 10, 2008, 10:05am Report to Moderator
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Where is the Metroplex audit results???
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bumblethru
August 10, 2008, 11:43am Report to Moderator

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They said that it would take months.


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MobileTerminal
August 10, 2008, 12:34pm Report to Moderator

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Quoted from bumblethru
They said that it would take months.


months ago


Single Party Tyranny Begins January 20, 2009 - Stay Tuned.
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Shadow
August 10, 2008, 1:02pm Report to Moderator
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Are they holding the results until after November???
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JoAnn
August 10, 2008, 1:57pm Report to Moderator

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Quoted from Shadow
Are they holding the results until after November???
Or maybe just before. Depending on the outcome, I'm sure.

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Rene
August 10, 2008, 2:28pm Report to Moderator
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NYS Comptroller did an audit on the town five to six years ago.......They were camped out at Town Hall for close to a year if not more.  Learned many things from that experience.
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Brad Littlefield
August 10, 2008, 9:08pm Report to Moderator
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According to June 26, 2008 Schenectady Metroplex Development Authority Governance Committee Meeting minutes, the field work was scheduled to be completed around August 1st.  Don't know how long it takes to document the findings and publish the results.  

http://www.schenectadymetroplex.org/downloads/6.26.08%20Governance%20Committee%20Meeting%20Notes.pdf

I have been checking the NYS Comptroller's web site daily.  No results posted to date.

http://www.osc.state.ny.us/audits/index.htm

Regardless of the findings, the Metroplex will continue until at least 2033 now that the Governor has signed the legislation to extend the charter of the public authority and to increase the bond cap from $50M to $75M.
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senders
August 10, 2008, 11:44pm Report to Moderator

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How freakin' interesting......I'm all for the "Let's get a project moving" thing......but ask me.....dont just think you are priviledged.....and my goodness at least keep giving reports every 3 or 4 months with the balance sheet----will there be mistakes---of course...should those folks be held accountable---of course....I like what I see so far going on downtown---THERE IS NOTHING ELSE WE COULD EVER DO WITH IT.....it is 'dead space'....not the style of the past---OBVIOUSLY......I would donate---but dont just take it and if you do.....YOU BETTER MAKE IT TRANSPARENT.......

render unto Ceaser what is Ceasers---everyone always wants the power......


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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bumblethru
August 11, 2008, 12:16am Report to Moderator

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So you are saying that it is ok to spend taxpayers money to make 2 blocks of state street 'look good' when the rest of the city is riddled with gun fire, crime and unreasonable high taxes? You are saying that it's ok to invest taxpayer's dollars in private businesses that either go belly up or sell it for profit? It's ok that we spend taxpayers dollars to support Proctors theater which can not possible sustain the city financially? It's ok that after 10 years, we, the taxpayers have yet to see a return on our investment? That the county is now showing a deficit?

I think that is just about all the transparency I need to see...don't you?


Due to recent budget cuts and the rising cost of electricity, gas, and oil,  
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senders
August 11, 2008, 9:43pm Report to Moderator

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Here's the thing---I live 'close' to the city of scumnectady......where does anyone think all those folks will be packin'up to move to????.....yup, you got it----our own backyards.......

I dont think the government should be in the 'building business'.....but, because NYS is Tamany Hall anyone with an honest bone to make an honest
living, is pretty much---well, I wont say it.......this is not a statement for agreement but just an observation on my part......the monkey on the back of the
NYS taxpayer is pretty heavy and gaining weight everytime we say--"They need to do something about this/that."


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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Salvatore
August 11, 2008, 10:06pm Report to Moderator
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like you Senders I have a wife and kids to feed and am tired of the rip-offs from Metroplex. Thank you Senders for great postings and I hope you support Angelo and the repubs that follow him to straighten this here out with the wastefulness of the peoples money and that.
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