State accepts Troy's Letter of Intent

Thankfully, the NY Empire State Development Corporation did the right thing in accepting the "missing" City of Troy Letters of Intent for projects under the Restore NY grant program.

I would hate to think that the people of Troy would be denied two applications for as much as $10 million under the program because the City failed to file the documents properly or failed to assure the delivery was made.

As of August 30, 2007 ESDC could not, or would not, confirm the Troy applications existed. That's ten days after the mandatory deadline for submission. In the end, the state accepted the City's affidavit and allowed the Troy Letters of Intent to be processed. Funny, there were many other communities that submitted the necessary paperwork with no difficulties whatsoever.

What if this issue was not discovered eight days into the process? How much longer would we go before discovering the required Letters of Intent were not received? Luckily, because of some people who care about the future of Troy, we won't have to find out. If the Letters of Intent were not accepted Troy would not be allowed to submit a final application.

By the way, the projects, which for some reason have not been identified, now must be publicized in the legal notices, have public hearings, a vote by the City Council to say they are in conformity with the City's Comprehensive Plan and statements as to Historical and EEO considerations all before submission of the final application on September 28th. Stay tuned!