Plan to buy pricey waterfront property moves forward in Plattsburgh
PLATTSBURGH, N.Y. (WCAX) - Plattsburgh enjoys miles of Lake Champlain shoreline and the mayor wants the city to buy more. That was on the agenda Thursday at a Finance Committee meeting. Now, the plan is moving forward.
There was about an hour of debate with city councilors going back and forth on whether there was enough information available to make the decision.
The 11-acre parcel at Harborside is right on Lake Champlain. It’s home to the Plattsburgh Boat Basin and the Naked Turtle restaurant.
The price tag is $7.2 million but Mayor Chris Rosenquest, D-Plattsburgh, says grants and a 20-year bond could come into play to the purchase. He says this is the city’s once in a long time chance to build up its waterfront.
Earlier Thursday on “Monday’s with the Mayor” on WIRY Radio, Rosenquest said, “The city needs to leverage our natural resources to generate revenue... All conservative projections point to $250,000 net revenue to the city of Plattsburgh and reclaiming 11 acres of our waterfront.”
Councilors who oppose the purchase say it won’t benefit all taxpayers and there are other things the city could use that money for, like fixing the infrastructure it already has at the beach, Crete Center and the rec center.
Councilor Patrick McFarlin said the plan all rides on the “if” -- if it’s a success and can bring in the projected $250,000 for the city that’s great, but if it can’t pull in that revenue it’s a big risk to the taxpayers.
The vote was 4-3 in favor to move forward with the plan. That means it will be on the agenda for next Thursday for the final vote before the purchase.
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