check one check good evening i want to take this opportunity to welcome everyone and also to call the city development and planning committee meeting to order i just want to remind everyone that this is a formal council committee meeting we are having the presentation up here we will then go back down to room one ten and continue deliberations on council business this is not an avenue for public input that's going to take place over at the county office building tonight at seven o'clock so i just wanted to  remind everyone with that ok and at this point i'm going to turn the program over to dave you go for the presentation by about a possible casino break thank you very much peggy i guess we all wouldn't fit into room one ten very comfortably would we what a great evening got a great turnout and we're very excited to be here today those of you that weren't it proctors the g theatre about a week ago when we announced our partnership we're going to cover some of the things we talked about that day and be able to give you more details on the specifics of our project first of all i want to thank all of you and want to really bring up one of the exciting visions for schenectady here with me tonight are francesco gillespie chairman of the gillespie group greg carlin chief executive officer of rush read gaming you don't have to clap for all these people my guess is a few of you may want to throw things out on david patten president chief operating officer of russia gaming lee whittaker vice president of communications at sugar house casino in philadelphia and we're also pleased to join other members of the team scotts true center julie judy gold and jack horner of russia gaming so thank you very much rushed me from coming in and sending the  swat team tonight we're going to be giving you a detailed presentations of the rivers casino and resort in block harbor great name it's an opportunity i believe will be an important economic development driver in schenectady for years to come and for the region not just schenectady those of us here have dedicated ourselves disconnected he's revitalisation just go look at state street it's more than fair to say we are midst of a recent run of science right now thanks to the hard work and dedication of our elected officials business leaders but most importantly our citizenry i'd like to just ask francesco gillespie to say a free brief you words about the history of the gillespie group with the city and county of schenectady in the future commitment schenectady and then i'll start the program francesco you were expecting that me well i don't know what to say i've been here for about forty years we first took over the chew large and government facilities and added to that that was about five thousand square five million square feet and they were absolutely vacant and then we have another one which we started about twenty years ago and we were able to fill that space hundred percent and the companies that joined us hired thousands of people so besides the things that david has been doing in the past twenty years here in schenectady and we've had a very good run and we we will continue and that's all i'm going to say hopefully continue means continuing the capital investment in our community we can all admit that the glow of the electricity electric city has dimmed for a bit all of us have participated in this comeback story and it is a comeback story tonight we take a closer look at what the next chapter brings us central to our future success is the dedication to redevelop the city's waterfront it's something that gillespie group has made such a to our business efforts and it's something that nobody else in our community has done we are going to take over the waterfront and do it the right way a giant piece of the puzzle involves mohawk harbor it's a great name and now the recently announced partnership between the gillespie group and rush gaming to site a casino there the reverse casino in resort at mohawk harbor there are a number of people in this room that weren't around the last time an engine rolled out of alcohol in  a period of dismal time for this property this waterfront almost of a lot mile of waterfront i think some bad pictures are up there about alcohol so needless to say it was a challenge  but mr glegg saying myself and our team and we've got a great very dedicated group of glassy people that looked at this and said this is an opportunity a challenge but an opportunity the good news is we've already committed to this project we've committed to this development competitors building in suburban locations with no approvals we have a considerable head start we've done significant amount of work on bromfield remediation we are forming full employment act for every engineer i think in town i'm worked very well with the city and carlos and his team to determine what infrastructure is needed demo has been done seekers been done it will be continue to be updated this is the only urban site for siting a casino in the capital region that we're aware of as of right now mark harbors a project we've been working on for four years now time flies and short its one hundred fifty million dollars riverfront development that is going to turn this brownfield site into a first class mixed use development with office apartments kind of those hotels restaurants retail and commercial space our harbor will be a destination for the many boaters a guest commissioner stratton indicated there's forty thousand voters that passed by this site i'll take him at his word we want to compliment the tourism that the canal corporation has invested and we want to make sure that we can attract those people to come to schenectady the proximity to i ninety eight ninety route fifty glen ridge road and a newly rebuilt i hope bridge makes this site easily accessible so we have the ability to work in compliment the upgrades that were done with mary boulevard and continue that initiative well beyond its first and second phases all the way up to the carver site site is less than a quarter mile away from the new train station that's going to be happening amtrak is investing over fifteen million dollars for a new train station as well as upgrading the tracks between schenectady and albany it's a significant upgrade that's relative to our projects we can say visitors to our project will be able to come by road rail bo and even walk when new york state voters approved the amendment to allow gambling a number of major gaming companies and their representatives contacted our company we talked to everybody that put in an application into our region and then some in the southern tier as well as into catskills rush street gaming was a company we felt was right for schenectady we turned down better offers rush rate was founded by neil blum and greg carlin who you hear from tonight neil was in town the other day and we announced that a proctor's and we'll see i'm sure a lot of them has a remarkable story suffice to say he rose from quite modest means to become one of the most successful real estate developers in the country he's been involved with more than fifty billion dollars that's with a b worth of developments and acquisitions putting faneuil hall copely place chicago mercantile  right away we can do business on a handshake i recently had the opportunity to visit the rivers casino in pittsburgh earn a graduation trip for my son totally impressed first of all the manager was from upstate new york in sylvan beach which is right where i grew up outside  york but the property is first class the design the atmosphere the quality of the staff and amenities but the fact is they opened up the river there right on the river they took advantage they're getting the community to embrace the river and take a portion of the community that was basically run down and the communities totally engaged and having a lot of community events right there on the river that's really why i'm excited to work with them with a rush our companies have the same value but the same mantra to do it right and we are going to do this project right so i'd like to hand things over to greg carlin the c e o who will tell you a little bit of our about rush rate and their type of business thank you rush gaming and co founder i went to work for neil about one thousand years ago and it was basically me and a bookkeeper his family office and i never forget before i started working for him he said to me you know i'm not really sure what you're going to be doing but you know we've always done it and done well around here hiring smart young kids and you'll figure it out so here we are nineteen years later and we've built a nice gaming business and talk about that today in interview so my colleagues rushed me currently operates three properties  we have the rivers casino in display ads which opened in two thousand and eleven the river the sugar office you know in philadelphia which opened in two thousand and ten the rivers casino in pittsburgh which opened in two thousand and nine and we also volved in a company that manages the falls you resort it which is in niagara falls canada and ontario and you and i are on the board of that company and i'm on the executive committee of that company all four of our casino properties have the reputation of being world class gaming facilities that exceed expectations of our visitors our team members and the communities where they operate i'm proud to say that we set very harsh harsh high standards and we work hard to exceed those standards  are providing guests with a great customer experience our employees with a great work environment and we also strive to be excellent corporate citizens in the communities we operate in short we're committed to building the highest quality casinos that we can that fit into the communities are located that means that all of our properties are unique in their own right but the binding tie is that they're they've all been successful in philadelphia for example we were the first casino to be financed after the great recession it was a very difficult financing environment but you know we stepped up put in more equity in order to get that deal done the there were two licenses awarded in philadelphia us and another group the other group never actually got their casino built and that company went bankrupt and that license in philadelphia still isn't operating but neil stepped up and put in more equity when it was needed because of the crisis and made sure that the the property opened and has been successful similar in pittsburgh we actually stepped into that project when the original applicant who was awarded the license could not deliver on his promises that as the market was going into recession he was unable to raise the financing to build the project and we stepped in and took the project over from him and were able to to build it on time on budget and deliver on all the promises that he had made to the that the city of pittsburgh art because casinos continually receive accolades rivers casino and displaying this was named a chicago top twenty workplace it's a very first year in business and very proud of that because if you looked at the list of other companies on that list every one of them was had been around for more than fifteen best casino for six years in a row by the toronto sun readers poll and we're very proud of that fact let's see here slide the when voters approved casino gaming expansion in new york city neil and i were very excited about the prospects to do business in new york and we came up to the capital region and we looked around at lots of different sites in the region and when we met with david we came to schenectady and we suisse went walk down to  we walked through downtown schenectady and spent time at proctor's and we went down to the site we knew this was the best site for a casino in this region you know we love the riverfront site and it's actually very similar to our project in pittsburgh which is also on the river and was a former industrial site and a project in philadelphia which is on the river and was a former industrial site and in both those cases we've been able to redevelop you know what was a former an industrial factory or preferred in the case of philadelphia was  and in pittsburgh use our paths in front of the casino and we're really proud of that fact and we're looking for to doing the same thing right here in schenectady the tell you a little bit about the project with the current budget is estimated to be about three hundred million dollars and if you couple that with the lessees investment in the harbor and retail and condos of one hundred fifty million you're looking at a total amount total budget for the site of four hundred fifty million dollars that the design will be contemporary design and you know will incorporate natural light in the facility arcus you know have natural light it's not like the old days just because you know design has evolved from the old days when people say you want to close got fifty thousand square feet of gaming we have a poker room there's going to be about a thousand eleven fifty slot machines sixty six table games and told project will also include two hotels one onsite at the casino and then one on the on the mohawk property totaling about two hundred seventy five rooms but this really isn't just about the gaming the rivers casino resort mohawk harbor will be a unique regional entertainment destination full range of dining options including a state of the art banquet facility with great outdoor patio space and i say as is dave mentioned we're going to look really leverage the harbor and all has to offer you know really creating refined green space and biking walking paths and you know that's one of the exciting features of the project also our company is committed to green sustainability practices new york state is actually the second state to require that to senos attain leed certification our company russia gaming is actually the first casino company in the world to build a lead certified gold casino which we did in display and so we're very much looking forward to fulfilling that requirement here in new york state next i'm going to turn it over to my colleague david patton he's the president and chief operating officer of russia gaming and he's going to tell you a little bit more about our company and our operating practices david want to thank the city council and everybody who has come tonight brief little bit of background i've been with greg and neil for five years now joined the company just before the rivers casino in pittsburgh open and it's been a terrific run watching  and helping to operate the casinos that we've managed and we're extremely excited about the prospects for for schenectady i want to talk about four things tonight integrity public safety jobs and in some high level economics we take our commitments very seriously and one of the items that i want to highlight for you tonight is our commitment as far as responsible gaming goes every new hire who comes to any of our properties goes through an extensive responsible gaming training and then they get refresh on that every year we have very rigorous policies to make sure that customers who don't wish to gamble anymore have the ability to self exclude we train our team members on how to spot signs of problem gambling they're tryin to be proactive as well we have eight hundred numbers that are posted throughout the property as well as in most of our advertisements so we take that very seriously we also allow folks to strict things like check cashing or if they don't want to receive promotional items or anything like that we make sure our customers fully understand what their options are and with the statute that was passed in new york there's a five hundred dollar basically attacks on each slot machine that's going to go to find problem gaming initiatives when it comes to public safety we partner very closely with the local police departments in each of the cities that we operate and what we found is that crime has has not materialized as an issue in the areas that we operate and in many cases crime rates have actually gone down we have received a lot of praise from the local police departments and we make sure that we have a great working relationship with them and that they can assist us in a very proactive with us as well to make sure that those issues are being managed and if you were to speak to the police chiefs in all the cities that we operate they'll tell you pretty much the same story that they have a great relationship with our casinos and that crime really is is not an issue and we've been very very gratified to see how those are played out over the years that we've been operating our properties now some really good news i want to talk about is is the jobs that will come with the casino to build a casino we anticipate all the hundreds of construction jobs in upon opening approximately twelve hundred permanent jobs it would be very hard for me to think of a place that couldn't use a few more jobs and so i think that to be very welcome here and the kind of jobs that we have are actually extremely good jobs if you look at the compensation numbers for the properties that we operate and this is for its management compensation i would take that one step further this is the our team members ok this isn't they're not supervisors they're not managers they're not the general managers these are just people who are on an hourly wage this is the numbers for their compensation each of the properties so an average salary of about fifty thousand dollars and median so if you take the person that's in the middle it's still over forty thousand dollars so we believe that we provide very good jobs for folks and it's not just the jobs that they work in but we like to make sure that we're providing opportunities for real careers for people so before we open first of all we make sure that we try to hire from the local community wherever possible in our numbers are very high in terms of hiring from the local areas that we operate and we also provide some pre opening training where we c job fairs with the local chamber of commerce will be partnering with the county community college here for both job placement and training and i look back to see how many people actually applied for jobs at the properties the three properties that were operating and i found that there were we had  hundred ten thousand people apply for jobs at our three properties for approximately you know forty five thousand jobs so we know that there's going to be tremendous interest it allows us to pick the very best applicants and we're very excited about about gearing that up  when somebody is in the workforce we provide ongoing critical element education we have to issue reimbursement and other methods for them to advance their careers if they graduate to a supervisor level we provide training for that if they graduate to a manager level we have leadership training for that as well and we went back to look to see how many people been promoted arcus you know those and we've had over two thousand people be promoted since the casinos opened in just in the last year we've had over four hundred thirty thousand members get promoted to the next level so we'd love to promote from within and we'd love to try to develop people make sure that that we're you know promoting the folks that are already with us all right taxes this benefits for everybody and one of the benefits for the local communities are the taxes associated with the opening of the casino and this is per the statute the host municipality receives five percent of gaming taxes and fees plus  tenant real estate taxes to the city and school district county also gets a similar numbers five percent of gaming taxes and fees real estate taxes and then also sales and hotel occupancy taxes and then there are some non host community counties that receive a total of ten percent of the gaming taxes and fees now the state has made some estimates as to what that's going to amount to and you can see those on the slide that's coming from the new york state division of budget and then lastly in a tourism we think is going to be a big big plus we estimate that they'll be close to three million projected new visitors to the region so we get a handsome schenectady reputation as an entertainment destination also if you look at proctor's which generate six hundred fifty thousand visitors we think the additional two point eight million helps helps complement that a lot and will also provide a boost to heritage tourism despite all these new people coming to the to the region who haven't been here before there they're going to want to take advantage of the many attributes of the many you know positive things that are that are in the city the other businesses and we've seen actually in the other cities that we've been operating that their businesses are enhanced because you get you know people coming in they don't just go to the casino they eat at the restaurants they go to shows and we found that it provides an overall boost to the city outside of the economic benefits of the jobs in the taxes so very excited about that i can now deduce lee whitaker who's going to talk about some more of our commitments i hope you can see me i'm not very tall sorry good evening thanks for having us i'm very excited to be here drove up this morning from philadelphia with jack a list drinking coffee and you know making me a little nervous but we made it my name is lee whitaker i'm the vice president of communications at sugar house casino in philadelphia i have been with the rush treaty now almost seven years sell a really great great great place to work love greg was the first person i met when i was sort of interviewing our say and i i loved it ever since i want to talk a little bit tonight about working at one of the properties and how we interact with the community i can't see the screen because as you know i'm not tall but i do my best to stay with it what i know that one of the things you're most concerned about is how this casino might impact a community it was a huge concern in philadelphia also you know casinos are going to feel even though a linux city was fifty miles down the road there was no casino in the immediate area and so philadelphians were a little skeptical about what a casino meant for their neighborhood you know we are committed to being part of the community in philadelphia i always say that what's good for philadelphia is good for us and we believe that and so when we go into a community you know we get to know that we get to the neighborhood we get to the community we get to know the community groups we volunteer we contribute to organizations you know we work to make a positive impact where part of that community like our employees you know our building is they are employers are there and so like so many other local businesses in and around our places you know we we support we care and we give back and we commit to you that we will always be a good corporate citizen and a good neighbor i want to tell you a little story about me so i don't have a gaming background i in philadelphia i work for philip the city council and then i went and worked for the school district of philadelphia and so like some of you in the room i was a little bit skeptical also about what a casino sort of meant for philadelphia so as i was interviewing like i mentioned i met greg and the one of the first things greg talked about was wanting to get to know our neighbors and wanting to make sure that we didn't do things you know on our property that would upset our neighbors that would upset the balance of our neighborhood you know he really this was a team that was committed to sort of you know being a good neighbor in sugar houses not that far away from a couple of schools which are near and dear to my heart having come from the school district and so when i heard greg talk a lot about community i knew i was in the right place and like this is the right team this is the right place we're going to do really good things here so we do our deal due diligence and is in in these efforts you know we get out there we get to know the community groups you know we don't pretend to know what's best for you or your community so we come out and talk to you and find out what you need what are your needs how can we support you how can we give back happily become a part of this you know community and listen we get our employees involved because we've figured out it all of these places that what's important for our employees and important for our community is important for us i have no idea where we are right so i also as you would have it to be a team i was one of the first employees so when you when you're number four in a team you get to do everything so i just so also happen to be the diversity officer chair of and i'll tell you our team really do are our teams really do reflect the communities that we serve in philadelphia my boss our g m is a woman and so are seven of our v p s which have you know makes our one male v p very uncomfortable but he's  adjusting but at every level of the organization diversity is very important to us so from the front line all the way to the senior executive team we want to make sure that our and our team is reflective of not only our customers but of the community that we serve all right so at at all of our properties economic benefits extends beyond you know wages that we paid our employees and tax revenues that are generated to the to the communities we also look at how to get the local vendors involved i know in philadelphia we work very very closely with all of them at all of the chambers both the main chamber in the minority chambers in philly we try to get a lot of those businesses into our pipelines and get them to understand could be regulated so we try to get them to understand our business what our needs are and we work with those organizations to bid on our services help them build capacity get them to get bigger you know for some of the smaller businesses some of our projects or some of our our bids were were too big for them you know they they didn't have the capacity to meet that need and so we brought them out you know said ok if you can only do you know fifty thousand dollars let's break up this bid into smaller chunks so that we can get more local vendor participation in the pipeline and so you know our local vendors in in all of these areas have benefit from this relationship in display nds we spend forty four point two million dollars with our partners twenty three point seven in pittsburgh and fourteen point five in in philly and those numbers only go down because the size of those casinos go to philly happens to be the smallest whatever we get bigger as we looked at schenectady we were impressed by this city's sort of the community and it's it's part of the reason why you know this team sort of picks the locations that they do you know we want to be part of a strong community and we want to make strong connections within that community  we held our first announcement and else minute proctors and we were pleased to support the fair game coalition in their efforts to protect and support local arts and culture organizations and we are also partnering with the schenectady county community which i'm to support it's casino and gaming manager program and that's going to be a tremendous resource both for us and for the students and for the graduates to find jobs at our place in addition to local vendors and business partners we're also going to launch a rewards program so that our customers can benefit or can earn benefits if they can exchange a local businesses so in philly i can tell you it's called we call it rush towards plus in a sense what it is is if you have one of our you know reward cards like you have been in the casino you can present that card at a ton of businesses in and around the casino in the neighborhood i mean in the community and surrounding that you know you get you know some discount at the local hotel or you can get a free sandwich or some other things and we've worked with florissant hotels and restaurants and a bunch of other kinds of businesses in philadelphia so those are just a few of the ways it will work with community like i said we don't pretend to know everything about you but we want to get to know you and figure out how we can make this work for both of us thank you so much for listening to me drone on with that i'm going to turn it back over to  that's awesome you did good and if every employee is like you this is going to be a winner for the probably everybody will win otherwise you wouldn't otherwise you wouldn't be doing this right it is a fantastic opportunity we have and you can see why with all the other casino partners that tried to approach us that it was an easy decision picking rush i'd like to reiterate how proud we are the gillespie girl for working with such an outstanding group of people and with a great city our investment is going to continue something special we have here it's an opportunity we've been working on for years to build on the riverfront reserve the rivers casino and resort of mark harbor put i'm very very prejudiced this is the best proposal in the capital region in schenectady can go toe to toe with anybody i'm very confident that we can all work together very well we need to work together we need to complement the investments we've made in downtown we want kind of activity between mark harbor and state we want to create jobs for our kids that's what it's all about we want to get these kids from schenectady high to be able to go to the community college and come out with a trade and make that line and social services the building we own  a residential program make that and hopefully nobody's going to live there anymore if we can do things like that we need to work together on that this is a historic investment four hundred fifty million dollars in an upstate new york city think about it in addition to the hundred million dollars we've already done schenectady is right for that commitment thank you for your attention thank you for your patience and going through this with us it's a major decision for schenectady it's a positive one forget about you think about your kids think about the next generations think about the ability to keep our kids here to get them jobs it's not all about a casino it's about addressing a riverfront it's creating an urban environment that we can create opportunities for people to have an entertainment center here proctors wouldn't be on board with the community college wouldn't be on board with it the chamber wouldn't be on board with it if they didn't think it was right for our community so thank you very much at this time and open up to questions from the city council anyone has one or well thank you for coming to schenectady in speaking with us this is definitely a topic that tracks a lot of attention there's a lot of people talking and as a council member only speak for body else but i get a lot of phone calls and e mails from all sorts of people with different opinions so thank you i don't think that we've released our projections are still working on but i believe the state has put up projections of i'm not mistaken based on the five point seven million dollar tax estimate that states projections  that i think that the the states projections are that that tax revenue five point seven million out of the back into the math on that but we can do that for you but you know if you don't have an estimate in terms of where you think it would be in the states you a question rather a statement because earlier you did mention that the county is having time this evening for people to go on a comment but i wanted to also remind everyone that next monday is our time to receive comments along with emails and phone calls leading up to next monday and that is a very important part and so i although you can't speak tonight please do if you want to be heard come and speak next hotels and restaurants need also in schenectady is there anything you can do or will there be any programs at all like in vegas and he told me that other restaurants actually get subsidized by the casinos is that something that we would do here so one of the things that lee mentioned was a rewards program in philadelphia whereby our people that come to the casino can they earn points and they can use those points to to get discounts at local restaurants you know we also in philadelphia we send people out to local restaurants and hotels in the area our team members patronize local restaurants because they all live in the area and to work in the area and so you know we do we try to work closely with you know area businesses to to promote schenectady and of the local they are one of the things and i'm on the board of proctor's as well we historically have to send people out to wolf road on a regular basis because there's not enough hotel rooms in our community if you look at dolphin a schenectady saratoga troy we are the least served hotel community in that region g e historically from g e r and d and the main facilities sent people to other parts of the route seven to other areas so from that standpoint adding another two hundred seventy five rooms probably is going to be enough but it's a good start we've got the hampton that runs in the ninety's regularly the new doubletree is actually taking rooms out of service we've also reached out to the chamber members we did reach out to other restaurants they're also supportive of it they think it's going to complement more people going to take a look at those numbers and two point eight million people coming through here combine that walk around the you have phantom walking out of of proctor's it's pretty exciting the amount of people that are going to be able to go there and the restaurants that are going to be a casino are not ones that are going to be competing with what downtown i betcha they don't have an italian restaurant there general the first few years you have and you see an increase in revenue and then after that it pretty much flattens out and we've seen sort of a flattening of revenues that are at our properties maybe we had a small decline last year but you know generally it's you first couple years or you see some growth and then  a lot of it depends on what what's happening with local competition so in displaying for example we had a very good for we had very good trajectory we're actually up this year versus prior year and are we open in the middle of two thousand and eleven so our first full two thousand and twelve small drop off in thirteen but we're up this year in philadelphia we had very strong revenue growth the first two years and then a new competitor opened and so our revenues went down slightly because they were you know twenty miles from where we were but the last couple months we've seen our revenue start to increase again and then in pittsburgh we had very very strong revenue growth until the cleveland casino and some other casinos which are within about two hours of our operation opened up so we were slightly up last year to you know basically flat t slightly up now but we certainly haven't seen any you know a troubling trend where the revenues go up and all this and they start to to you know fall off a cliff or anything like that we've we've weathered the storms of both the economic recession and also any of the questions all right if not i want to say thank you very much for coming and making this wonderful presentation we will move the committee meeting back down to room one ten and our mind everyone that these folks are going to be over at the county office building starting at seven within anything in our code or state law that would require myself and i'm sure the other members of the council and the mayor's office as well gets many calls regarding the potholes we're real clear on the fact that this has been a very difficult winter and so the conditions on the street is probably worse than we've seen in a number of years we do authorizing the application of or the rule that loan has now been approved and we now have to have the second resolution accepting the law and that's the on this afternoon to give a draft it is a draft it has not gone through the normal vetting process on the final one would give proved by finance  and so on but i one of the things that's a little bit unusual is that the last release on resolving paragraph talks about being able to make voluntary payments normally this type of a loan would be paid back only from the c v t funds as they command we also have the hundred thousand dollars a year from the sales tax agreement so that the third operad was put in there to commentate voluntary payment could be made from the sales tax agreement and again the final draft of this could get tweaked one way or another to a company needs of finance and development to meet the needs but the rest of it is just standard language is required by hu get off on the track but we pick a property or properties that we want to deal with odd develop these development needs to do an environmental assessment or that group of properties that gets sent to hide and as it stands right now we've got a meeting and i think it's eleven o'clock tomorrow morning to confirm this but i believe it's the buffalo office and they look at on the book properties and what we're proposing to do with those properties and then they approve or disapprove once they prove then the money that is needed for those properties gets drawn down and that money that is used to pay for whatever is being done then periodic played and you have to get the specifics from flows actually why before it's forty basis points of light or so it i suppose i could put all of this into the resolution but you're dealing with the flexible rate of interest until such time as one hundred has the procedure where they convert the temporary no to a permanent but each drawdown the yearly payment is based upon that amount of money being amortized over twenty years so if you dr be december of thirty four so it's a it's a somewhat cumbersome process but that's what it amounts to is over the twenty year in people in the future we all said that it was a while we're sitting here dealing with this right now because of the decision made you know so always collecting some data they think is important buffalo plex things that are different it's going to actually collect different things and when you try and compare things we all know we have similar problems but we don't have that imperiled data is an exact match for abandoned buildings how many are peeling paint how many are major structural issues and that's what we're hoping with this program is to put in place what would be a standard collection for and the state would make a political through municipalities throughout the country and then we could be able to can use that data and what i believe is this becomes our most significant investment by doing these things it will reduce our police and fire costs which are the most expensive we've done a press conference today in al in supporting the attorney general's office on the legislation and i use the building on state street that we had the fire two weeks ago three weeks ago they're building we've got over sixty time we've had a hundred eight or a hundred ten calls for service and that property for police and fire then we had to get a fire there before we had the fire  weeks ago three weeks ago when we had the demolition of the building so we've got to get our total cost you know say that sixty thousand dollars that's probably on the low side and we still have third title to that property so we'll have to go through now in a tax foreclosure get title to it take it back and you'll be coming back here with a sober hose will do so to adjacent property owner converted to some other use but it's just shocking we see that a lot of that's really the labor component of it there are some components that we have the discussion that we were street fall into that isn't ever where big portion of the contract was the actual use the term color but it's your call would you do that or it was coming from one vendor no matter who got the contract you know when you actually do the labor component the number is small so yes they're meeting their goals with our targets on the actual labor but people will use the total value of the contract in a really creates  should be versus for what part of it where they can get them in the b b but i share your concern because in the past we all know it's not a secret that on this particular company was not meeting those requirements so l individuals who they deemed as community heroes and those folks were given ten thousand dollars for their organization not for themselves so i just thought it would be a nice idea for the council to recognize the work that's being done by individuals in the support the school in the school in africa so i wanted to be able to recognize these young women for you know taking on this project and thinking of you know beyond themselves and how they can help so  new york state since then your request has been in there so far state legislators have not been favorably on that one that's been there for the entire period of time could have made it happen didn't make it to have college students around like you don't get the results you want because the cars registered to my mean there who are living half where cross the country so the notice goes new york does it now where you bring these isolated with already to put it in place you can't standardize the equipment can standardize the purchasing of it so it's again somewhat  convoluted the council wants to do overall request you can stand in line the better authority would be for the state to stand up put in place uniform policies by which cities could either put a red light camera in place or they tend to be better used at higher volume intersections but then more recently there's also been some kickback on them from false tripping incorrectly and it's again it's a tool that can be used for force when it's not a panacea or celebration for some of the higher incident intersections and you look at that traffic data we have crashes into you can do the camera was there signage you know other things that you really have to do in conjunction with that to get the results that you want and we have been fairly sophisticated in terms of some of that analysis in order to fill codes one of the leaders in the state where traffic data is one of the components where they do the enforcement for other criminal well in today's environment you have to seek whole legislation where they would grant specific criteria for the city of schenectady one in support of the general statewide and won support of the home ru