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[00:00:05]

UH,

[ TOWN OF GREENBURGH OFFICE OF THE TOWN BOARD 177 Hillside Avenue, Greenburgh, NY 10607 Tel: 914-989-1500 Fax: 914-993-1541 Email: JDudek@Greenburghny.com https://ny-greenburgh.civicplus.com/485/Watch-Live-Board-Meetings]

WELCOME TO THE GREENBERG TOWN BOARD MEETING DECEMBER 5TH AT 5:00 PM AND UH, THE FIRST ITEM IS, UM, UH, THE, UH, CHRISTINA LINDER OF THE GREENBERG PUBLIC LIBRARY CONSTRUCTION PROJECT.

TIMETABLES, CANOPY, AND PATIO PROJECTS.

OH, I'M SORRY.

HI, GOOD EVENING.

THANK YOU.

FURTHER HERE.

FIVE MINUTES OF YOUR TIME.

THANK YOU, .

AND IT'LL BE FIVE MINUTES.

UM, I JUST WANNA JUST GIVE YOU AN UPDATE ON THE CANOPY PROJECT.

BRIAN, I HAVE BEEN WORKING THIS WEEK.

UM, MIC YOUR MIC.

I'M SO SORRY.

HI.

SORRY ABOUT THAT.

UM, BRIAN AND I HAVE BEEN WORKING THIS WEEK TO MAKE SURE, UM, THE CANOPY PROJECT GETS TO THE NEXT LEVEL, TO THE NEXT PHASE.

AND PART OF THAT HAS TO DO WITH, UM, CONSTRUCTION AGREEMENT, UM, CONSTRUCTION MANAGEMENT SERVICES.

SO BASICALLY WE HAVE, UM, UH, MONIES LEFT OVER FROM THE 2022 RESOLUTION WITH THE, UH, ARCHITECT THAT WE'RE WORKING WITH THAT CAN BE USED TOWARD, UM, THIS CONSTRUCTION MANAGEMENT SERVICES.

BECAUSE I KNOW THAT ON THE DPW SIDE, WE HAVE A, A, UH, DOWN A SHORTAGE OF ENGINEERS.

SO THIS, THIS PARTICULAR SERVICE WILL HELP MOVE THE CANOPY PROJECT ALONG.

SO WE'RE GONNA HAVE A RESOLUTION READY FOR YOU, NOT NEXT WEEK, BUT THE WEEK AFTER TO, UM, MODIFY THE AGREEMENT OF THAT ORIGINAL RESOLUTION THAT WAS IN 2022.

OKAY.

WE'LL NEED IT BEFORE SO THAT WE CAN PUT IT ON THE AGENDA.

IT WILL FOR NEXT WEEK.

IT'LL BE, WE'RE STILL TAILORING IT.

BRIAN'S STILL WORKING ON THAT.

THAT'S, THAT'S, THAT'S HIM TAILORING IT.

UM, THERE SHOULD BE NO MORE EXTRA MONEY COMING FROM THE TOWN OF GREENBURG, BUT BECAUSE OF THE SCOPE OF THE WORK HAS CHANGED JUST A SMIDGE WITH THIS, UM, WITH THIS, THE CANOPY MANAGEMENT PROJECT PORTION OF IT, WE STILL NEED TO MOVE FORWARD WITH THE CANOPY PROJECT.

'CAUSE I HAVE A HARD START DATE OF 2 12 24.

AND SO THE BIDDING, UH, DOCUMENTS ARE TOGETHER.

WE JUST NEED TO GET THIS LITTLE PIECE, UH, OUT OF THE WAY TO MAKE SURE THAT, THAT WE CAN GO FORWARD WITH THE BIDDING PROCESS.

SO BRIAN AND I ARE TRYING TO DO THAT AND TRYING TO GET THAT OFF HIS PLATE SO HE CAN FOCUS ON OTHER THINGS.

I JUST HAVE A QUESTION BEFORE YOU MOVE ON.

MM-HMM, BRIAN, HOW LONG BEFORE WE GONNA GET THE, THE LETTER? 'CAUSE WE NEED TO MAKE SURE WE HAVE AMPLE TIME TO REVIEW IT.

SO, WELL, ARE YOU ABOUT THE A LETTER OR PROPOSAL? THE PROPOSAL, WHATEVER CRYSTAL SAID WE'RE GONNA HAVE IN IN TWO WEEKS.

THIS IS A ROUGH DRAFT.

YEAH.

SO, SO WHAT THE CONCERN WAS WAS WITH THE CONSTRUCTION MANAGEMENT ADMINISTRATION OF THE PROJECT.

RIGHT? SO WHAT WE DIDN'T WANNA DO IS, IS PUSH THIS PROJECT FORWARD AND THEN NOT HAVE THE STAFF TO BE ABLE TO MANAGE THE PROJECT.

RIGHT.

AND SO WHAT WE'VE NOW ASKED, LIKE CHRISTINA MENTIONED, WE HAD SOME, UH, UNALLOCATED, OR I SHOULD SAY MONEY THAT WAS PREVIOUSLY ALLOCATED FOR, UM, FOR OTHER ALLOWANCES IN THE PROJECT THAT WEREN'T USED.

WE HAVE MONEY LEFT OVER THAT WE'RE LOOKING TO NOW ALLOCATE TOWARDS THAT CONSTRUCTION ADMINISTRATION.

MM-HMM.

.

AND SO WE ASKED THE ARCHITECT THAT CAME UP WITH THE DESIGN DRAWINGS AND THE CONCEPTUAL DRAWINGS TO NOW PROVIDE US WITH A PROPOSAL ON WHAT IT WOULD COST FOR THEM TO PROVIDE THOSE SERVICES TO US.

SO THEY DID PROVIDE US WITH THAT PROPOSAL EARLIER THIS AFTERNOON.

UM, I BRIEFLY LOOKED AT IT, I HAVE ALSO FORWARDED IT TO THE TOWN ENGINEER AS WELL AS, UH, RICH VAUGHN, THE COMMISSIONER OF TPW.

UM, SO WE'LL HAVE AN INTERNAL MEETING AMONGST OURSELVES.

WE OBVIOUSLY WANNA MAKE SURE THAT THE SERVICES THEY'RE PROVIDING ARE EXACTLY WHAT WE NEED.

AND THEN ONCE WE'RE OKAY WITH THOSE SERVICES, THEN WE'LL FINALIZE THE RESOLUTION.

AND THAT'S WHEN WE HOPE TO HAVE THAT ON THE AGENDA FOR THE MEETING ON DECEMBER 18TH.

18TH, YES.

OKAY.

SO WE'LL HAVE THAT READY FOR YOU.

AND THE, THE WILL, IF IT'S A COUPLE OF, WHICH MEANS YOU NEED IT FOR NEXT MONDAY, IT HAS TO BE IN BY NEXT MONDAY, BY NEXT MONTH.

WE'RE WORKING ON .

WE HAVE A DRAFT.

WE'RE ALMOST THERE.

OKAY.

WE, UM, THE SECOND THING I WANNA TALK ABOUT REALLY QUICKLY IS THE PATIO PROJECT.

THE GRANT DISBURSEMENT AGREEMENT HAS BEEN SENT TO JOE DANKO, UH, AFTER HIS SIGNATURE.

IT GOES BACK TO NEW YORK STATE DORMITORY AUTHORITY ONE SIGNED BY DASNY, UM, WHICH IS JUST A FORMALITY.

THAT IS WHEN THE CLOCK STARTS TICKING ON THAT GRANT.

SO I WAS HAPPY TO HEAR THAT.

I, I CLARIFIED THAT WITH NEW YORK STATE.

'CAUSE I ACTUALLY THOUGHT IT WAS LESS TIME WHEN I TALKED TO YOU AND, UM, IT WILL BE THREE YEARS FROM THAT DATE.

BUT BECAUSE, BECAUSE OF THIS, WE HAVE A, A CASCADE EFFECT IS THAT WE HAVE THE, THE RETAINING WALL.

WE CAN'T DO THE PATIO PROJECT WITHOUT ADDRESSING THE RETAINING WALL.

SO THE RETAINING WALL WAS APPROVED IN THE 2023 CAPITAL BUDGET.

SO AGAIN, MAYBE IF THERE'S SOME WAY THAT WE COULD HOPEFULLY GET SOME OTHER, I KNOW, CONSULTANT ENGINEER OR SOMETHING TO, TO LOOK AT THAT PROJECT.

'CAUSE I KNOW THAT THAT'S AN ISSUE AS WELL.

YEAH.

SO LEMME JUST CLARIFY ON THAT.

SO THE, UM, THE ASSESSMENT OF THE WALL WAS IN THE CAPITAL BUDGET.

UM, THE ACTUAL COST.

'CAUSE WE DON'T REALLY KNOW WHAT DIRECTION.

WE DON'T KNOW WHAT, UH, FIXES ARE REQUIRED AT THIS TIME.

RIGHT.

SO THE PURPOSES OF THE BUDGET WAS TO, YOU KNOW, PUT OUT AN

[00:05:01]

RFP, HAVE A CONSULTANT ENGINEER COME IN, ANALYZE THE WALL, SEE WHAT NEEDS TO BE DONE, AND THEN FROM THERE, COME UP WITH A POSSIBLE SOLUTION.

350,000 FOR ASSESSMENT.

YEAH.

WELL I THINK IT ALSO INCLUDED THE WALL AND EVERYTHING AROUND IT TOO.

OKAY.

THAT'S .

SO , SORRY.

SO, SO, SO THAT, AND THAT'S WHERE WE'RE GONNA COME UP WITH A PLAN.

SO FIRST NEEDS TO BE ASSESSED AND THEN ONCE IT'S ASSESSED, THEN AT THAT POINT WE COME WITH THE DIRECTION OF WHERE WE NEED TO GO.

OKAY.

SO MOVING FORWARD, THAT'S GONNA REQUIRE, YOU KNOW, AN RFP TO BE PUT OUT.

UM, OBVIOUSLY HAVING, YOU KNOW, CONSULTANTS BEING ABLE TO PROVIDE US WITH A PRICE ON THAT.

'CAUSE OBVIOUSLY WE WANNA MAKE SURE WE GET THE BEST PRICE, UM, AND SELECT A PROFESSIONAL, UM, A QUALIFIED CONSULTANT FROM THERE.

SO FOR THAT, WE'LL OBVIOUSLY HAVE A RESOLUTION BEFORE THE BOARD ALSO.

OKAY.

OKAY.

BUT I APPRECIATE YOU YEAH.

LISTENING TO THE, AND JUST TO POINT OUT, MY REVIEW IS JUST IN TERMS OF A LEGAL OPINION, THAT YOU HAVE THE AUTHORITY TO SEEK THIS GRANT, BUT I'M NOT THE SIGNATOR OF THE ENTIRE DOCUMENT ITSELF, JUST TO CLARIFY THAT FOR EVERYONE.

AND IT'S FOR RECEIVING THE FUNDS.

SO IS YOUR SIGNATURE ON THE DOCUMENT? IT IS, IT IS.

I CHECK OFF A BOX ESSENTIALLY.

OKAY.

OKAY.

AND I DID JUST AS LONG AS IT'S CLEAR WHAT YOUR ROLE IS.

MM-HMM.

.

YEAH.

I HAVE A COPY OF THE, IS THE DOCUMENT CLEAR WHAT YOUR ROLE IS? YES.

IT'S A ONE PAGE THAT SAYS OPINION OF COUNSEL AND IT'S SEPARATED FROM OTHER SECTIONS OF THE AGREEMENT.

SO IT'S NOT LIKE AT THE END OF THE AGREEMENT I'M SIGNING OFF AT THE END.

RIGHT.

.

BUT TECHNICALLY SPEAKING IT'S, IT'S FOR THE RECEIPT AND MAKING SURE THAT THE MONEY OF COURSE WILL BE USED IN THE SPECIFIC WAY THAT IT WILL BE USED.

WHICH IT WILL BE.

OKAY.

HOLD YOU TO IT.

.

NOW I FEEL COMFORTABLE CHECKING THAT BOX.

YOU'LL HOLD ME TOO.

YOU SHOULD.

THAT'S, THAT'S MY NAME ON IT TOO.

OKAY.

UM, GREAT.

I THINK THAT'S IT.

YOU HAVE ANY QUESTIONS? APPRECIATE, NO, THANK YOU.

THAT'S GOOD.

THANK YOU SO MUCH, CHRISTINE.

IF WE DON'T, WE'RE GOOD.

WELL, WE'LL SEE YOU ON 18TH.

SO I WAS GONNA SAY HAPPY HOLIDAYS TOO, BUT WE THANK YOU.

THANKS.

GREAT.

HAVE A GOOD ONE.

OKAY.

WE HAVE THE GREENBERG HOUSING AUTHORITY NEXT.

YEAH.

ARE THEY COMING IN V THEY'RE RIGHT BEHIND YOU.

.

THERE YOU GO.

YEP.

COME ON GENTLEMEN.

WE'RE WAITING FOR YOU.

OH, WE WERE TALKING FIVE SECONDS.

NO, COME ON IN.

WE ARE EARLY.

IF I WERE EARLY, BELIEVE IT OR NOT, COME IN, SEE THE NEW LEAF, WE RETURN.

YOU KNOW, WE TRY TO BE ON TIME .

I WE ON TIME MEANS 10 MINUTES BEFORE TIME.

YEAH, THAT'S ALWAYS GOOD TIME.

ALWAYS GOOD.

ALWAYS RIGHT.

FIVE.

GOD.

ALRIGHT, WELL GOOD EVENING.

YEP.

THIS IS AFTER FIVE.

YES IT IS.

ALRIGHT, GOT GUYS.

WANT ME TO START? YEP.

OH, BUT MAKE SURE YOUR MICROPHONE IS ON AND TALK INTO IT, PLEASE.

YES, MR. SAVAGE KNOWS THE NOSE AWAY.

.

GOOD EVENING EVERYONE.

GOOD EVENING.

UH, WE ARE HERE.

I'M JOHN SAVAGE, COUNSEL FOR THE GREENBURG HOUSING AUTHORITY HERE WITH RAJU ABRAHAM, EXECUTIVE DIRECTOR FOR THE GREENBERG HOUSING AUTHORITY.

AND I BELIEVE BISHOP PRESTON IS ON HIS WAY FROM THE PARKING LOT.

OKAY.

SO YOU WANT TO SWITCH? WHY ISN'T HE EARLY? HERE HE IS.

.

HE'S HERE.

HE'S, HE'S HERE.

COME ON BISHOP.

LET'S GO Y'ALL.

NOPE, WE WOULDN'T WAIT.

WE WOULDN'T WAIT.

HOW'S EVERYBODY? WE WERE HOPING TO HAVE IT DONE BEFORE.

UM, NO JOHN SAID THAT.

CAN I HAVE THAT MIC PLEASE? I DID, I DID AN EXTRA MIC.

OKAY GUYS.

WELL WE ARE, WE ARE HERE TO THIS EVENING BECAUSE WE ARE ABOUT TO CONVERT ON OUR SCATTERED SITE PROJECT FROM CONSTRUCTION LOAN STATUS TO PERMANENT LOAN STATUS.

THE CONVERSION IS, IS SCHEDULED TO BE TO CLOSE ON NEXT WEEK FROM TOMORROW DECEMBER 13TH.

SO AS PART OF THAT CONVERSION PROCESS, WE'VE GOTTA GET A NUMBER OF THINGS TO THE LENDERS AND HAVE BEEN WORKING WITH THEM OVER THE LAST, UH, COUPLE OF WEEKS TO DO SO.

AT LAST, UH, WE HAVE A MEETING EVERY WEEK AND LAST WEEK, LAST WEDNESDAY ACTUALLY THE UH, HOUSING FINANCE AGENCY BROUGHT UP THE FACT THAT THE, THE CONFIRMATION LETTER FOR THE PILOT AGREEMENT THAT WAS ISSUED OR SENT BY PAUL, UM, IN JANUARY OF 2021 REFERENCES A TERM OF I THINK 32 AND A HALF YEARS, RIGHT? MM-HMM.

.

AND THE ACTUAL MORTGAGE TERM IS 40 YEARS.

SO THEY WANT THE, UH, THE LETTER TO REFLECT THE FACT THAT IT'S A 40, THE PILOT WILL BE IN EXISTENCE FOR AT LEAST 40 YEARS AS OPPOSED TO 32 AND A HALF YEARS.

THE REASON THAT IT WAS 32 AND A HALF YEARS BACK IN 2021 IS AT THE TIME WE WERE HERE AND TALKING ABOUT THIS CONFIRMATION LETTER, IT WAS ACTUALLY THOUGHT TO BE WE WERE GOING TO GET A 30 YEAR MORTGAGE.

AND SO, BUT DURING, SUBSEQUENT TO THE ISSUANCE OF THAT LETTER PRIOR TO OUR CONSTRUCTION

[00:10:01]

LOAN CLOSING, IT WAS DETERMINED THAT BECAUSE WE HAD RELATIVELY HIGH NUMBER OF OVER INCOME, UH, RESIDENTS THAT WOULD BE RETURNING TO THE PROPERTY, THE ECONOMICS WEREN'T WORKING OUT.

SO WE WOULD BE REQUIRED TO HAVE, AS A RESULT OF HAVING I THINK 18 OVER INCOME RESIDENTS AT THE TIME THE TAX CREDITS WOULD BE, UH, ALLOCATION WOULD BE LOWER, WHICH MEANT OUR EQUITY INVESTOR WOULD BE CONTRIBUTING LESS MONEY THAN WE ORIGINALLY THOUGHT, WHICH MEANT WE WOULD HAVE TO GET MORE DEBT AND WHICH THE PROJECT COULDN'T AFFORD GIVEN THE RENT SCHEDULE.

SO GIVEN THAT SONY MAE WAS KIND ENOUGH AND HFA WERE KIND ENOUGH TO EXTEND, UH, THE MORTGAGE TERM FROM 30 YEARS TO 40 YEARS TO LOWER THE PAYMENT AND BRING IT WITHIN OUR BUDGET.

SO THAT'S WHERE WE ARE TODAY.

WE'RE LOOKING FOR THE SAME LETTER THAT PAUL ISSUED IN 2021 WITH TWO MODIFICATIONS, UH, OR THREE MODIFICATIONS.

WHEREVER 32 AND A HALF YEARS IS REFERENCED, WE ARE LOOKING FOR A REFERENCE FOR 40 YEARS TO MAKE IT CONSISTENT WITH THE, UH, CURRENT LOAN TERM.

'CAUSE THE LOAN IS NOW 40 YEARS.

BUT THE LOAN, THE CURRENT LOAN IS A CONSTRUCTION LOAN AND THE LOAN IS NOW GONNA GO TO A PERMANENT STATUS LOAN, WHICH WILL BE FOR 40 YEARS.

CORRECT.

FOR 40 YEARS.

SO THE CONSTRUCTION LOAN WAS FOR 32 YEARS? NO, THE CONSTRUCTION LOAN WAS FOR 18 MONTHS, 24 MONTHS.

OKAY.

THEN IT TURNS INTO A PERMANENT LOAN.

SO THE 32 AND A HALF YEAH.

GET THAT THE, THE 32 AND A HALF YEARS REFERENCED IN A LETTER REFERENCES THE PERMANENT LOAN.

SO THE CONSTRUCTION LOAN WAS A SEPARATE ENTITY OR, YES.

OKAY.

OKAY.

GOT IT.

SO CONSTRUCTION LOAN ALWAYS TEMPORARY.

RIGHT.

15 TO 24 MONTHS DURING A PERIOD OF CONSTRUCTION.

IT WAS, IT WAS NOT CLEAR WHETHER THAT WAS ALL IN ONE.

NO, THEY'RE TWO SEPARATE, TWO SEPARATE DOCUMENTS.

SO THERE SHOULDN'T REALLY BE ANY ISSUES ON THIS.

RIGHT.

WELL, I HAVE A QUESTION.

WHERE ELSE IS THE 32 AND A HALF YEARS REFERENCED? YOU SAID IN THE LETTER IN ANY OTHER PLACE, DO YOU KNOW? NO, NO, NO.

I SAID IN THE LETTER TO PLACES IN THE LETTER.

IT JUST IN THE LETTER.

SO THAT'S, IT'S NOT IN ANY OTHER AGREEMENT.

'CAUSE THE PILOT AGREEMENT ITSELF NEVER EXPIRES.

ALRIGHT.

WAS WAS THIS LETTER ISSUED, UH, BASED ON A RESOLUTION? I DON'T BELIEVE SO.

SO THAT, THAT'S WHAT I WAS TRYING TO FIND OUT IS YEAH, I DON'T, I DON'T BELIEVE SO.

HOW DID THIS, HOW DID THIS MATERIALIZE? UM, IT WAS, I REMEMBER EDIE AT THE TIME WAS INVOLVED AS WELL AS TIM LEWIS.

I DON'T BELIEVE A, A RESOLUTION WAS ADOPTED, UM, BECAUSE IT'S, IT'S BASICALLY GIVING A LEGAL OPINION, BUT I ASSUME IT WAS WRITTEN BY TIM.

YES.

MM-HMM.

.

BUT, UM, SO WE'RE NOT LOOKING TO CHANGE ANYTHING OTHER THAN THE REFERENCES IN THE LAST TWO PARAGRAPHS, I THINK FROM 32 AND A HALF YEARS TO 40 YEARS.

AND SO THE PILOT THAT DOESN'T EXPIRE, WHAT ARE ITS TERMS? UH, THE TERMS ARE SET FORTH THEREIN, UH, THE TERMS ARE THAT THE HOUSING AUTHORITY WILL PAY, UH, 10% OF SHELTER, RENT CHARGE TO RESIDENCY, LESS UTILITIES.

THAT'S THE COOPERATION AGREEMENT, WHICH WAS, HAS BEEN IN EXISTENCE SINCE 1965.

THAT'S WHAT I WAS ABOUT TO ASK.

YEAH.

THIS JUST CAME TO MY ATTENTION RECENTLY.

SO I'M GATHERING THE FACTS.

YOU'RE YOU'RE SPEAKING AS WELL.

SO THAT'S THE $68,000? YES.

AND IS THAT, THAT'S FOR HOW MANY UNITS? 85.

85.

85 UNITS.

YEAH.

OKAY.

SO WHERE DID THE 32 AND A HALF, I'M STILL NOT CLEAR.

WHERE DID THAT COME FROM? IT HAD TO BE APPEARING SOMEPLACE THAT IT MADE IT INTO THIS LETTER.

THE 32 AND A HALF.

AGAIN, INITIALLY I THINK THE UNDERWRITING WITH RESPECT TO HFA, UH, CONTEMPLATED A 32 AND A HALF YEAR WORK TERM OR BOND TERM FOR THE PERMANENT LOAN STATUS.

I'VE NEVER HEARD OF A 32 AND A HALF.

YEAH.

SUCH AN ODD, I COULD BE 30, 40, 25.

I DIDN'T MAKE UP THE NUMBER SO I THOUGHT IT WAS SOMETHING , BUT THAT'S, THAT'S WHAT IT WAS.

SO IT CHANGED SUBSEQUENT TO THE ISSUANCE OF THE LETTER BASED UPON OUR NEED TO BASICALLY BRING OUR BUDGET WITHIN THE DEBT CONSTRAINTS WE HAD.

AND I, AND I THINK THE LETTER WAS WRITTEN THAT 32 AND A HALF WAS PROBABLY WRITTEN ACCORDING TO BUDGET BUDGETING TO, TO BALANCE OUT THE BUDGET ITEMS FOR CERTAIN TERMS. SO MIGHT'VE INCLUDED THE CONSTRUCTION LOAN AS WELL THAT BECAUSE MAYBE 30 YEARS FOR DETERMINE A MORTGAGE.

YEAH.

THAT'VE TWO AND HALF WAS A CONSTRUCTION.

THAT'S WHY I WAS LOOKING FOR THAT CLARIFICATION.

MAKES SENSE.

HOWEVER, IT SAYS WILL REMAIN EXEMPT FROM RAIL AND PERSONAL PROPERTY TAXES 4 32 AND A HALF YEAR PERIOD, WHICH CONCLUDED, CONCLUDED THE CONSTRUCTION LOAN PERIOD.

UM, BUT FROM THIS PERIOD ON, IN TERMS OF SINCE WE'RE CONVERTING TO THE PERMANENT LOAN STATUS, THAT'S 40 YEARS.

THAT'S 40 YEARS.

BUT THIS IS IMPORTANT FOR YOUR FINANCIAL HEALTH.

WE CAN'T

[00:15:01]

CONVERT WITHOUT IT.

RIGHT.

SO I CAN'T SEE WHY THERE'D BE ANY CONTROVERSY OVER IT.

THE BODY OF THE LETTER REMAINS THE SAME.

JUST DETERRENT.

YES.

PRETTY CUT AND DRY TO US.

YEAH.

YOU NOW, YOU KNOW.

RIGHT.

MR. SAVAGE, WE'RE NOT GONNA DO ANYTHING ON A, YOU KNOW, WE NEED TO MAKE SURE IT'S ALL CLEAN COURSE AND STUFF AND ALL LIKE THAT.

I KNOW THINGS LOOKS PRETTY, BUT WE JUST NEED TO MAKE SURE EVERYTHING IS I IS DOTTED T'S ACROSS THAT FAIR.

GOT THE, I'S OKAY.

I'M NOT SAYING YOU THE TS, BUT YOU KNOW, THIS IS, THIS IS WHY WE HAVE OUR ATTORNEY.

YEAH, NO, AND I'M SURE IF THERE'S ANY I KNOW CONFUSION.

WE'LL, WE'LL HAVE FOLLOW UP.

ABSOLUTELY.

CAN YOU ALSO SHARE THE CORRESPONDENCE THAT SAYS THAT YOU NEED THE UPDATED LETTER FOR THE 40 YEAR TERM? OR IS THERE ANYTHING IN WRITING ABOUT THAT? THERE'S THE SONY MAE COMMITMENT.

OKAY.

DOES IT HAVE THE 40? UM, BUT THIS, IT'S 40 PAGES.

SO I'LL IS THERE, IS THERE, IF YOU, LEMME SEE, YOU STILL HAVE THAT FULL FILE.

SO THE PAGE I'VE NOTED THERE AND HIGHLIGHTED.

RIGHT.

CAN YOU SCAN THIS IN? SURE.

SEND IT TO ME.

JUST ESSENTIALLY SAYS 40, 40 YEAR TERM.

I GUESS, I GUESS, AND I DON'T KNOW IF I'VE EVER SEEN THIS LETTER BEFORE, BUT IT SEEMS LIKE YOU'RE ASKING THE SUPERVISOR TO GIVE A LEGAL OPINION ABOUT DOCUMENTS LIKE THE PILOT AND THESE OTHER THINGS AS OPPOSED TO COMING FROM OUR LEGAL COUNSEL.

I'M ASKING SIMPLY FOR THE, THE 32 AND A HALF YEARS TO BE CHANGED TO 40 YEARS.

THAT'S, THAT'S WHAT I'M ASKING.

I MEAN, IT'S, IT IS QUITE FRANKLY, I DON'T REALLY CARE WHO SIGNS IT.

, IT WAS DETERMINED IN 2021 THAT THE SUPERVISOR WOULD SIGN IT.

RIGHT.

SO, AND WE DON'T, WE ARE NOT PRIVY TO THE INFORMATION THAT WENT ON PRIOR TO HIM SIGNING OTHER THAN WAS COMMUNICATION BETWEEN US AND, AND THE TAX COLLECTOR AND MR. FINE AND WAS SIGNED.

WELL THAT WE, THAT AND THE ATTORNEY THAT WE'RE GOING TO FIGURE OUT.

I JUST, I, I JUST FOUND OUT ABOUT THIS YESTERDAY.

SO YEAH.

MR. SHEEN, WE JUST NEED A CONFIRMING LETTER.

THAT IS 40 YEARS.

WHEN DO YOU NEED THE LETTER BY? YESTERDAY.

YESTERDAY.

DONE.

.

YOU HAVE TO BE FAIR TO US.

NOW AGAIN, MR. SAVAGE.

NO, NO.

WHEN I SAY YESTERDAY, I, I'M BEING SOMEWHAT FACETIOUS, BUT SURE.

UM, THE REALITY IS, AGAIN, THE CLOSING IS SCHEDULED FOR DECEMBER 13TH.

WE JUST FOUND OUT ABOUT THE NEED FOR THIS ON LAST WEDNESDAY, AND I IMMEDIATELY CALLED SOMEBODY'S NOT BEING FAIR TO YOU, WHICH IN TURN YOU'RE NOT BEING FAIR TO US.

RIGHT.

WE HAVE TO GO STEP BACK.

.

ON THE OTHER HAND, THE HOUSING AUTHORITY IS IMPORTANT TO THE TOWN.

AND I FEEL THAT WE SHOULD WORK, UH, WITH THE HOUSING AUTHORITY TO ACT AS QUICKLY AS POSSIBLE SO YOU COULD CONTINUE TO DO AN EXCELLENT JOB FOR, YOU KNOW, FOR THE TENANTS OF COURSE.

AND YOU PROVIDE EXCELLENT SERVICE.

DISAGREE AND NO ONE'S DISAGREEING WITH THEM AND THE, THE ISSUE AS QUICKLY AS POSSIBLE AS THE PART OF THAT.

RIGHT, RIGHT.

UM, THE, SO WHEN I CHATTED WITH, UH, THE ASSESSOR, UH, LAST WEEK, SHE INDICATED THAT OF COURSE THIS WOULD BE A WORK SESSION AND THAT IF YOU GUYS WERE IN AGREEMENT, THAT PERHAPS YOU COULD, IF YOU NEEDED TO VOTE ON SOMETHING, YOU COULD VOTE ON IT ON I GUESS MONDAY OR SOMETHING.

UH, WE HAVE A MEETING TUESDAY, TUESDAY, TUESDAY.

THE 12TH.

THE 12TH.

UM, AND SO THAT WOULD BE CUTTING IT REAL CLOSE TO COURSE.

THAT'D BE A SPECIAL MEETING RIGHT BEFORE A REGULAR MEETING.

OKAY.

WE DON'T DO THAT.

DON'T ON THE OTHER HAND, IF THEY NEED IT BY THE 13TH AND UH, WELL WE NEED IT BEFORE THE 13TH.

BEFORE YOU NEED IT BEFORE THE 13TH, THEN WE SHOULD HAVE A MEETING ON THE 12TH BECAUSE WE HAVE, WE'VE HAD SPECIAL MEETINGS BEFORE.

AND, UH, AND AGAIN, THIS IS, UH, THE FINANCIAL VIABILITY OF THE, UH, OF THE HOUSING AUTHORITY.

SO, UM, AGAIN, THEY NEED IT.

THERE'S A, IT'S THIS, IT'S TIME SENSITIVE AND, YOU KNOW, I DON'T THINK THERE'S ANYTHING ABOUT THIS THAT IS UNUSUAL OR, I MEAN IT'S, IT'S, THERE'S NOTHING THAT SHOULD REALLY BE CONTROVERSIAL OR OUT OF THE ORDINARY OR WHATEVER.

THIS IS TO ME, ALMOST LIKE A PROFORMA TYPE OF WELL, I THINK THOUGH, THAT'S WHY WE HAVE A TOWN ATTORNEY THAT HE SHOULD BE GIVEN THE OPPORTUNITY TO LOOK IT OVER AND MAKE SURE THAT ALL THE, AS WE SAID BEFORE, T'S ARE CROSSED.

I DOTTED AND, AND I WILL EXPEDITE IT.

I WILL ADMIT THERE'S A LOT COMING DUE SOON.

BUT I WILL GIVE THIS A THOROUGH REVIEW.

UM, YOU DON'T NEED SLEEP, DO YOU? NO, BUT IF WE'RE MADE, IF THEY NEED THIS BEFORE THE 13TH, LET'S, YOU KNOW, LET'S TAKE LIKE WORST CASE

[00:20:01]

SCENARIO.

IF YOU DON'T HAVE IT BY THE 13TH, WHY DO THE RAMIFICATIONS TO THE HOUSING AUTHORITY? WE CANNOT CONVERT THE LOAN ON THE 13TH, WHICH MEANS THAT WE'D HAVE TO EXTEND, THE HOUSING AUTHORITY WOULD'VE TO SPEND THOUSANDS OF DOLLARS TO EXTEND THE LINE OF CREDIT BECAUSE IT'S AT A HIGHER INTEREST RATE, UH, AND THE LIKE.

AND IT JUST MAKES THE ECONOMICS OF THIS PROJECT.

UH, SO WHY DIDN'T WE GET TO YOU SO LATE AS TO WE NEED THIS? I MEAN, DID YOU JUST I CAN'T, I CAN'T ANSWER THAT.

NO, WE DON'T KNOW THAT.

OKAY.

SO, BUT THE ISSUE THAT I HAVE IS 'CAUSE WE HAVE AN TOWN ATTORNEY AND THIS IS BASICALLY A LEGAL DOCUMENT SIGNED BY THE TOWN SUPERVISOR, NOT BY A TOWN ATTORNEY.

NOT COPIED THE TOWN ATTORNEY, NOT COPIED THE TOWN BOARD.

I THINK IT'S ONLY FAIR WE HAVE OUR TOWN ATTORNEY TAKE A LOOK AT THIS.

WELL, I, I WILL TELL YOU AT THE, AND I'D ALSO LIKE TO KNOW IS HOW DID THIS DOCUMENT COME INTO EXISTENCE? BECAUSE I DON'T RECALL IT AND I USUALLY HAVE A PRETTY GOOD MEMORY.

WELL, I CAN TELL YOU, UH, MR. LEWIS, THERE MUST BE A RESOLUTION WAS, WAS VERY INVOLVED IN THE MM-HMM.

UH, THE DRAFTING OF THAT DOCUMENT.

HE WAS VERY INVOLVED IN THE, IN THE NEGOTIATIONS OF THAT DOCUMENT.

I, I DO REMEMBER, UH, APPEARING BEFORE THIS BODY, UH, DURING THAT PROCESS.

UM, I DON'T KNOW IN WHICH CAPACITY, BUT NO, IT WAS DONE.

UM, THAT'S ALL I CAN SAY.

I JUST WANNA SAY SOMETHING.

IT'S NOT THAT WE'RE NOT IN AGREEMENT, IT'S NOT THAT WE DON'T WANNA MOVE FORWARD.

I THINK WE'RE JUST ASKING AND WHAT TO TONY JUST SAID, HE'S GONNA REVIEW IT AND HE'S GONNA EXPEDITE IT.

HE UNDERSTANDS WHAT YOUR, WHAT YOUR, UM, TIME CONSTRAINT IS.

HE'S GONNA DO IT.

OKAY.

SO THEN, SO I JUST COULD WE JUST PUT IT ON THE AGENDA FOR THE 12TH? SO I JUST WANNA FINISH.

SO I JUST, SO I JUST THINK THAT, JUST LET US, LET HIM DO HIS DUE DUE DILIGENCE AND I PROMISE YOU THAT HE WILL GET IN CONTACT YOU AND, AND IT'LL BE BEFORE THE 13TH.

THAT'S FINE.

IS THAT FAIR? THAT'S FINE.

YES.

IT'S FAIR.

AND DO, DO YOU HAVE A COPY OF THE FIRST LETTER AND DATE AND THE ONE WITH THE REPAIR? I DO, YES.

OKAY.

SO YOU'LL SEE THAT THOUGH, THAT THE BODY IS YEAH, NO CHANGES.

I'VE ONLY HAD THAT FOR ABOUT A DAY AND, AND I DIDN'T KNOW ALSO THE TIMEFRAME HERE.

AND QUITE FRANKLY, WE'RE TRYING TO DO THINGS DIFFERENTLY AS A BOARD WHERE, YOU KNOW, THIS IS THE WORST THING YOU COULD DO, RIGHT? BECAUSE THIS IS HOW RESOLUTIONS GET MESSED UP.

THIS IS HOW ALL KINDS OF THINGS HAPPEN BECAUSE NO GOOD DEEDED GOES UNPUNISHED.

RIGHT? UM, I'M NOT SURE HOW THIS CAME INTO CREATION.

I DON'T KNOW WHETHER OR NOT IT WAS DONE WITH THE TOWN BOARD'S KNOWLEDGE OR NOT KNOWLEDGE.

I JUST DON'T KNOW.

UH, I COULDN'T FIND A RESOLUTION FOR IT.

UH, I DIDN'T SEE THE TOWN ATTORNEY'S NAME ON HERE AT ALL, WHICH HE USUALLY PUTS IT IN, YOU KNOW, AT THE BOTTOM.

AT LEAST COPY HIMSELF EVEN THOUGH HE WROTE IT.

THIS IS MAKING SOME LEGAL INTERPRETATIONS AS A SUPERVISOR AND NOT THE TOWN ATTORNEY.

AND SO I'M CURIOUS AS TO WHY THAT WOULD BE.

I CAN'T IMAGINE THE BANK SAYING, YOU KNOW, WE WOULD LIKE A LEGAL INTERPRETATION, BUT I DON'T WANT IT FROM THE ATTORNEY.

IT DOESN'T MAKE SENSE TO ME.

SO THAT'S WHAT WE HAVE TO FIGURE OUT.

NOW YOU'RE PUTTING US INTO, WELL THE OVERDRIVE, THE GENESIS BUDGET COMING UP, GENESIS OF ACTUALLY IS THEY SIMPLY WANTED CONFIRMATION THAT THE PILOT AGREEMENT 1965, UH, SINCE IT'S WHAT CAME INTO EXISTENCE IS 1965 WAS STILL GOING TO COVER THE SCATTERED SITES.

I MEAN THAT'S, THAT'S THE PURPOSE OF THE LETTER.

SO THAT'S A LEGAL OPINION, RIGHT? I DON'T CARE WHAT IT IS, BUT IT'S, IT'S NO, YOU WOULD AGREE THAT IS THAT A, WHETHER OR NOT THE 1965 PILOT IS STILL IN EFFECT IS A LEGAL OPINION.

IT, IT DOESN'T MATTER.

I DON'T THINK POLITICAL OPINION.

IT DOESN'T MATTER TO THE LENDER OR TO US, WHETHER IT COMES FROM MR. FINER OR ANOTHER GOVERNMENT TOWN OF GREENBURG GOVERNMENTAL OFFICIAL.

SO THE TOWN ATTORNEY WILL LOOK INTO IT AND GET BACK TO YOU.

ALRIGHT.

OKAY.

WHATEVER YOU NEED.

ABSOLUTELY.

WE KNOW WHERE TO FIND, I'LL REACH OUT TO YOU.

I'LL GIVE YOU MY CARD JUST IN CASE IF, LEMME JOE, I JUST HAVE A QUESTION.

OFFICE DOES THIS, DOES THIS REQUIRE, DOES THIS REQUIRE A SPECIAL MEETING OF THE TOWN BOARD OR IS IT SOMETHING THAT THAT'S POLICY AT OF THE TOWN BOARD? OH, WE HAVE NEED, WELL, WHY DON'T YOU, WE NEED TO KNOW HOW, HOW DID THIS COME INTO EXISTENCE? IF THIS WAS DONE BY RESOLUTION, THEN WE CHANGE IT BY RESOLUTION BECAUSE IT'S ADOPTED BY A RESOLUTION AND YOU CAN'T CHANGE IT AFTERWARDS.

SO IF IT WAS DONE BY RESOLUTION, IT'LL HAVE TO BE DONE BY RESOLUTION.

MAYBE IT WASN'T.

I DON'T KNOW.

I WE JUST WANNA DO OUR DUE DILIGENCE BECAUSE I'M GONNA KEEP, I'M GONNA KEEP THINKING THINGS.

THAT'S THE COMMON.

SO WE'RE TRYING TO DO THINGS, WE'RE TRYING TO CHANGE.

SO WE, WE HAVE TO, WE UNDERSTAND THAT, BUT WE ALSO ARE SOLICITING YOUR HELP.

BUT AS FRANCIS SAID, IF WE DID ADOPT IT BY RESOLUTION, WE HAVE TO RESEARCH AND FIND THAT RESOLUTION AND THEN CHANGE IT.

IF IT WASN'T, THEN WE, BISHOP DON'T NEED TO HAVE ANOTHER RESOLUTION.

WE GOTTA DO IT.

RIGHT.

SO THAT'S REALLY WHY WE HAVE TO DO OUR DUE DILIGENCE BECAUSE THIS IS, THIS IS, THIS COULD AFFECT OUR RESIDENTS.

SO IF WE DO ANYTHING WRONG AND THEN THEY, AND THEY'RE HOMELESS, THEN WHAT? WHO'S, WHO ARE THEY GONNA POINT AT? THEY'RE GONNA POINT AT THE TOWN BOARD.

RIGHT.

SO WE JUST WANNA MAKE SURE EVERYTHING IS DONE RIGHT.

THAT'S ALL.

WELL, THEY ACTUALLY SHOULD

[00:25:01]

NOT JUST POINT IT TO US, BUT TO YOU BECAUSE YOU GAVE IT TO US LATE AND YOU SHOULD POINT TO THE, THE BANK OR WHATEVER BECAUSE THEY GAVE IT TO YOU LATE.

THAT'S NOT A POINT.

RIGHT.

YOU KNOW, I UNDERSTAND WHAT YOU'RE DOING.

THAT'S, THAT'S THE POINT.

BUT I UNDERSTAND WHAT YOU'RE SAYING IS, HEY, LISTEN, YOU'RE ALL ON CAMERA.

IT'S YOU BECAUSE WE GAVE IT TO YOU LATE.

DOESN'T MATTER BECAUSE THE BANK GAVE IT TO US LATE.

DOESN'T MATTER.

RIGHT.

WE ARE RESPONSIBLE FOR MAKING PEOPLE HOMELESS AND FROM OUR, THAT, THAT CAN'T FLY.

NOT AT ALL FROM OUR RESPONSIBILITY TO TAXPAYERS AS WELL.

RIGHT.

SO CHANGING TWO TERMS, BUT JOHN, WE, I UNDERSTAND RIGHT.

SO WE'RE GONNA DO IT.

WE'RE GONNA DO IT.

WE'RE THANK YOU SO MUCH.

WE'RE GONNA HAVE THE VOTE NEXT TUESDAY BEFORE, BUT ON THE 12TH IF NOT SOONER.

OKAY.

SO WE'RE GONNA ALLOW THE TOWN ATTORNEY TO REVIEW TOWN ATTORNEY TO LOOK.

THEN HE CAN GET TO US AND THEN WE CAN, WE CAN PROCEED.

AND I, HE'S AWESOME.

AND THEN WE'LL, AND THEN WE'LL, WE'LL EVERYBODY WILL BE HAPPY BECAUSE IT WILL GET DONE.

AND THAT'S ANOTHER THING THAT WE HAVE NOT DONE IN A WHILE, PARTICULARLY SINCE JOE HAS BEEN TOWN ATTORNEY, IS WE DON'T SAY ON TUESDAY WE'RE GONNA VOTE ON THIS.

YOU HAVE TO BE DONE WITH WHATEVER YOU'RE DOING.

RIGHT.

THAT'S NOT FAIR.

YOU WOULDN'T WANT THAT EITHER.

HAPPENS EVERY DAY.

WELL, TO ME, I DON'T KNOW ABOUT YOU .

NO, BUT ON THE OTHER HAND, THERE'S FINANCIAL IMPLICATIONS, UH, TO THE HOUSING AUTHORITY.

AND WE DON'T WANNA CREATE FINANCIAL PROBLEMS TO THE HOUSING AUTHORITY THAT NOBODY, AND WE DON'T WANNA CREATE FINANCIALS SAYING THE SAME THING OVER AND OVER AGAIN.

AND THAT'S PUT SIMPLY TO WHY WE MM-HMM.

BECAUSE WE DON'T WANT TO PUT FINANCIAL OBLIGATIONS ABSOLUTE ON HOUSING AUTHORITY THAT WILL FURTHER IMPACT THE RESIDENTS THAT WE, I THINK WE ALL UNDERSTAND.

WE ALL UNDERSTAND.

I, I DON'T, I DON'T KNOW THAT WE ARE IN ANY DISAGREEMENT WITH ONE ANOTHER.

ARE WE? NOT AT ALL.

WE KNOW WHAT HAS TO HAPPEN.

WE KNOW WE, WE, WE KNOW THE BINDER YOU'RE IN.

UH, WE WILL DO OUR, AT MOST OR AT LEAST OUR SLEEPLESS ATTORNEY, SLEEPLESS AND ATTORNEY'S OFFICE, WE'LL DO IT.

I BELIEVE THAT THE 1965 PILOT, I BELIEVE IT'S CALLED AN AGREEMENT, NOT COOPERATION.

COOPERATION AGREEMENT.

I DO, I SAW IT VERY RECENTLY.

YOU SEE, OKAY.

GOOD.

ONLY HAD THE CHANCE TO SKIMM THROUGH SO FAR.

I HAVE TO DO A THOROUGH READ.

YEAH, EXACTLY.

I GOT AN AGREEMENT.

IT'S A COOPERATION AGREEMENT.

WHEN YOU HAVE THE CHANCE, THE LITTER ITSELF ACTUALLY SKETCHES OUT AND OUTLINES RIGHT.

THE PARAMETERS AND SO FORTH.

ALRIGHT.

DO YOU HAVE ANY, UH, ESTIMATES WHEN THE MANHATTAN AVENUE, YOU KNOW, COMPLEX WILL OPEN UP YET? UH, WE'RE TRYING TO MOVE THEM IN.

YEAH.

WE'RE TRYING TO LIKE, UM, MOVE THEM IN, BUT BY THE END OF DECEMBER.

OH, THAT'S FANTASTIC.

OH, EXCELLENT.

WE WANT THEM TO HAVE A MERRY CHRISTMAS IN THE ONES THAT WE TEMPORARY MOVED.

WE WANT THEM TO HAVE A MERRY CHRISTMAS IN THE NEW THAT'S A NEW HOME.

SURE.

MM-HMM.

WE WOULD LOVE TO, TO SEE THAT.

THANK YOU FOR, UH, THE HELP WE'VE GOT AND THOSE CEOS COMING ON TIME.

MM-HMM.

.

THAT'S GOOD.

EXCELLENT.

SO THAT'S VERY GOOD NEWS, MARK TO US ALL TEAMWORK, RIGHT? THERE'S NO'S NO, I TEAM, I TOTALLY AGREE WITH YOU THAT, YOU KNOW, IF, IF IT WAS DONE BY RESOLUTION, YOU KNOW, WE CAN'T JUST FORGET ABOUT THE RESOLUTION.

I AGREE.

YOU KNOW, WE ARE ALL IN AGREEMENT.

JUST, WE JUST, WE JUST CRUNCHED FOR TIME HERE.

WE YEAH, WE GET IT.

WE GET IT.

YEP.

WE CERTAINLY APPRECIATE YOUR TIME.

THANK AND WE ALWAYS APPRECIATE YOU GUYS.

THANK YOU SO MUCH.

YOU KNOW HOW THIS, YOU HAVE THIS NUMBER MEMORIZED.

JOHN, WHY ARE YOU TRYING TO PLAY IT IN FRONT OF CAMERA THAT YOU DON'T HAVE A CARD? YOU GOT IT MEMORIZED.

WE NERVOUS.

WE NEVER .

WHO WANTS ME TO SEND AN EMAIL? I WANNA MAKE SURE I HAVE THE RIGHT EMAIL.

THAT, THAT'S A GOOD, THAT'S A GOOD ONE.

BUT I LIKE THAT .

APPRECIATE YOU.

ALRIGHT GENTLEMEN, THANK YOU SO MUCH.

THANK YOU.

HAVE A GOOD EVENING.

YOU HAVE A WONDERFUL CHRISTMAS.

YOU TOO.

BE WELL.

ALRIGHT.

HAPPY HOLIDAYS TO YOU AS I'M LEAVING TOWN ON THE 15TH.

OF COURSE YOU ARE.

OKAY.

THE 13TH.

HAVE A VERY HAPPY HOLIDAY.

I UNDERSTAND.

ALL THE BEST TO HAPPY, HAPPY HOLIDAYS.

THANK YOU SO MUCH.

HAPPY HOLIDAYS TO YOU.

HAPPY HOLIDAYS.

THANK YOU FOR EVERYTHING.

THANK YOU.

IS THERE ANYTHING ELSE FOR THE OPEN MEETING? THAT'S IT.

THAT'S, THAT'S IT.

THAT WAS IT.

MOTION FOR EXECUTIVE SESSION.

DON'T REALLY HAVE ANYTHING ON THE BUDGET.

WHERE ARE WE SUPPOSED TO HAVE SOMEBODY FOR THE BUDGET? WEREN'T WE GONNA HAVE THE COMMUNITY CENTER TODAY? YEAH.

THOUGHT THE COMMUNITY CENTER WAS NO, THEY SAID THAT IN, WELL THAT WAS LAST WEEK AND I SPOKE, DIDN'T HAVE ANYTHING SO I DUNNO.

SO WE'RE REALLY GONNA BE ON CRUNCH TIME THEN NEXT WEEK AND NEXT WEEK AS YOU KNOW, CHALLENGE DIANE NEXT WEEK.

WEEK.

BUT IT'S OKAY.

SORRY.

WE'RE GONNA BE HERE AT MIDNIGHT AND THEN IT'LL BE OVER.

IT'S FINE.

.

IT'LL DEFINITELY BE OVER.

UM, DID MY MARK WEINGART EVER GET BACK TO YOUR EMAIL ASKING WHICH BUILDING IS GOING TO BRING IN 5 MILLION? IT IS PROPRIETARY INFORMATION AND YOU KNOW, I'M CONFIDENT THAT THE AMOUNT THAT I GAVE YOU IS, IS THE CORRECT AMOUNT.

OKAY.

PROPRIETARY INFORMATION.

UM, ANYTHING ELSE WE HAVE GOING, ANY OTHER ISSUES WE HAVE? ANY OTHER BUDGET ISSUES? BUDGET ISSUES WE HAVE ANYTHING? WELL, IT'S NOT ON THE AGENDA, BUT VERY BRIEFLY, SINCE WE'RE KIND OF QUICK TODAY, ONE ISSUE THAT I AM GOING TO HAVE IN MY OFFICE, AND I THINK EVERYONE WAS BRIEFED ON THIS RECENTLY, WAS THAT THE SELF-INSURED RETENTION IS INCREASING DRAMATICALLY FOR THE TOWN.

MM-HMM.

.

UM, FOR THOSE

[00:30:01]

WATCHING, WHAT THAT MEANS IS, UM, IT'S CALLED SIR AND THAT'S THE VALUE INCLUDED IN A LIABILITY INSURANCE POLICY, WHICH DETERMINES HOW MUCH THE TOWN FUNDS, UM, FROM ANY, ANY SUIT THAT'S FILED AGAINST US.

SO INCLUDED IN THOSE FUNDS OR, UM, ANY, UH, FEES WE NEED FOR OUTSIDE COUNSEL.

ANY INTERNAL FEES, WE HAVE A SET PRICE AND WE KEEP TRACK OF OUR HOURS THAT GOES TO THE OVERALL AMOUNT.

UM, ANY NUMBER OF A SETTLEMENT OR IF WE, YOU KNOW, WERE TO LOSE AT COURT AND ALL OF THAT'S ADDED TOGETHER.

AND, UH, WHEN YOU'RE ABOVE THE SIR LIMIT, YOUR INSURANCE COVERS YOU FOR THE AMOUNT IN EXCESS OF THAT.

SO WE'D BE LIABLE FOR UP TO THE SIR.

CURRENTLY IT'S $250,000, WHICH IS A LITTLE BIT HIGH.

AND UNFORTUNATELY WE WERE TOLD IT'S INCREASING THE $500,000.

IT'S DOUBLING.

UM, WHICH WILL HAVE A GREAT IMPACT ON, UH, THE TOWN AS A WHOLE.

MY OFFICE SPECIFICALLY, JUST IN TERMS OF UM, YOU KNOW, HOW WE DEAL WITH THESE CASES MOVING FORWARD.

SO THAT, THAT IS AN ISSUE THAT I DID NOT ADDRESS IN.

'CAUSE THERE WAS NO WAY OF KNOWING THAT WAS GOING TO HAPPEN.

I EXPECTED A LITTLE BIT OF AN INCREASE THAT'S MM-HMM.

TYPICALLY THERE'S AN UPWARDS TREND.

BUT THAT WAS, THAT HAPPENED LAST WEEK, RIGHT? WE GOT A NOTICE OR SOMETHING LIKE THAT? UH, YEAH, I THINK ABOUT A WEEK AGO.

YEAH, ABOUT A WEEK AGO.

SO ARE YOU COMING UP WITH SOME KIND OF A I'M TRYING TO PLAN.

I'M TRYING TO, I'M PIECING IT ALL TOGETHER AT THIS POINT.

IT'S A LITTLE HARD TO GIVE THE EXACT SPECIFICS.

JUST NOT KNOWING HOW MANY CLAIMS COME IN.

MM-HMM.

AND IF THEY'RE VIABLE OR NOT.

MM-HMM.

AND HOPEFULLY NOT OF COURSE .

MM-HMM.

.

UM, BUT I AM PUTTING TOGETHER INFORMATION AS TO HOW TO DEAL WITH THAT.

ANY RESTRUCTURING, ANYTHING THAT, YOU KNOW, YOU'RE THINKING OF THAT YOU MAY NEED? UH, POTENTIAL, NOT POTENTIAL.

REALLY ABLE TO ASSESS ANSWER AT THAT MOMENT.

OKAY.

YEAH, I JUST, JUST THOUGHT IT, JUST SO WE CAN KEEP THAT IN THE BACK OF OUR MIND.

SO, SO THE PREMIUM STAYED ABOUT THE SAME BUT THE SIR WENT UP? THAT'S CORRECT.

YES.

SO, BUT IT ALSO MEANS THAT, WELL IT GIVES US A LITTLE BIT MORE, UM, CONTROL OVER CASE TWO BECAUSE USUALLY ONCE IT REACHES THE SIR, THE INSURANCE COMPANY CAN DECIDE, YOU KNOW, I WANNA SETTLE AND IF WE DON'T SETTLE, THEN WE'RE ON THE HOOK FOR ANYTHING.

THAT'S CORRECT.

THAT'S AWARDED AFTER THAT.

SO, AND THIS APPLIES TO ANY, ANY POTENTIAL THING SUITS GOING FORWARD? OR DOES IT, IT RETROACTIVE STARTING JANUARY 1ST, 2024? NOT ON ANYTHING EXISTING.

OKAY.

OKAY.

ALRIGHT.

OKAY.

ALRIGHT.

ALRIGHT.

YOU WANNA MAKE A MOTION? I'D LIKE TO MAKE A MOTION THEN WE GO INTO EXECUTIVE SESSION SESSION.

PURPOSE OF DISCUSSING PERSONAL MATTERS INVOLVING SPECIFIC INDIVIDUALS.

SEEK LEGAL ADVICE ON VARIOUS MATTERS.

SECOND.

ALL IN FAVOR A AYE.

AND WE WON'T BE COMING BACK THIS EVENING.

YOU WON'T BE.