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Schenectady left with nearly $40K bill for demolition

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A deal the city accepted to help out a developer has backfired, leaving the city holding a $39,500 bill. In a typical year, that might be a minor problem. But now, the financially strapped city only has enough money to pay half of the bill. The City Council met with the mayor in a Schenectady Urban Renewal Agency meeting to discuss the bill, which is nearly double the amount of money in SURA’s bank account. ...

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November 6, 2012
8:43 a.m.

[ Flag Post ]

Everything Mayor McCarthy does backfires. But don't fret. He can raise City taxes and fees to cover his mistakes. Again. We don't need no professional administrator in the City.