fbpx
  • Subscribe & Support
  • Print Edition
    • Get Home Delivery
    • Read ePaper Online
    • Newsstand Locations
  • HV1 Magazines
  • Contact
    • Advertise
    • Submit Your Event
    • Customer Support
    • Submit A News Tip
    • Send Letter to the Editor
    • Where’s My Paper?
  • Our Newsletters
  • Manage HV1 Account
  • Free HV1 Trial
Hudson Valley One
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s UP
    • Calendar Of Events
    • Subscribe to the What’s UP newsletter
  • Opinion
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Log Out
No Result
View All Result
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s UP
    • Calendar Of Events
    • Subscribe to the What’s UP newsletter
  • Opinion
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Log Out
No Result
View All Result
Hudson Valley One
No Result
View All Result

In New Paltz, plans are nearly finalized to convert warehouse into courthouse and police station

by Terence P. Ward
September 25, 2020
in Politics & Government
0
In New Paltz, plans are nearly finalized to convert warehouse into courthouse and police station

The property at 59 North Putt Corners Road. (Photo by Lauren Thomas)

The property at 59 North Putt Corners Road. (Photo by Lauren Thomas)

The Town of New Paltz has a credit rating for the first time, and municipal officials jumped on the opportunity to get a rock-bottom rate on the bond to convert a warehouse at 59 North Putt Corners Road into a courthouse and police station. Matt Eyler, the consultant who has been guiding the process of replacing the aging courthouse and expensive police lease, gave the news during the September 17 town board meeting.

The original plan, Eyler recounted, had been to borrow the money via two bond-anticipation notes and then make a bond offer. Because interest rates are so low, it was decided that securing the bond earlier could save taxpayers money. That will pay off: Eyler said that the project budget presumed interest as high as three-and-a-half percent, but the rate locked in was only 1.61 percent. That represents $1.8 million that won’t need to be paid in interest over the next 20 years.

Supervisor Neil Bettez praised town comptroller Jean Gallucci for being prepared to answer the questions raised by Moody’s analysts, who settled on the favorable rating of AA3. Bettez believes this was achieved only because Gallucci has implemented more stringent financial controls than are typical for a government of this size. The supervisor said that this has made Gallucci “enemies,” but Bettez is certainly not among them.

The plans for the building are nearly final. A second floor will be installed inside the warehouse shell using additional load-bearing walls. The structure also needs to be “stiffened.” While it’s up to the standards for ordinary buildings, structures housing services like these need to be even more resilient to protect against natural disasters.

Bettez successfully pushed for spaces that can be used more often than once or twice a week. The courtroom and jury rooms will be available as meeting space.

Interior construction can proceed thrugh the winter, although pandemic-related safety protocols will need to be observed. With bid documents to be released soon, contractors could be on the job by December and the building finished by July. Bids on exterior work such as landscaping may be broken out and addressed at a later time.

Join the family! Grab a free month of HV1 from the folks who have brought you substantive local news since 1972. We made it 50 years thanks to support from readers like you. Help us keep real journalism alive.
- Geddy Sveikauskas, Publisher

Terence P. Ward

Terence P Ward resides in New Paltz, where he reports on local events, writes books about religious minorities, tends a wild garden and communes with cats.

Related Posts

Bill to legalize medically assisted suicide passes in New York State Senate
News

Bill to legalize medically assisted suicide passes in New York State Senate

June 10, 2025
Hurley clerk and highway superintendent races
Politics & Government

Hurley clerk and highway superintendent races

June 10, 2025
Three candidates for two seats
Politics & Government

Three candidates for two seats

June 10, 2025
New Paltz planners need help reviewing 650-unit apartment proposal
Politics & Government

Public hearing kicks off for controversial New Paltz Apartments annexation

June 9, 2025
The Hurley primary
Politics & Government

The Hurley primary

June 4, 2025
Words aplenty fly in Woodstock primary
Politics & Government

Words aplenty fly in Woodstock primary

June 4, 2025
Next Post
Delgado defends seat against challenge from Dutchess County attorney

Delgado defends seat against challenge from Dutchess County attorney

Weather

Kingston, NY
66°
Clear
5:18 am8:32 pm EDT
Feels like: 66°F
Wind: 3mph ENE
Humidity: 83%
Pressure: 29.91"Hg
UV index: 0
WedThuFri
82°F / 64°F
84°F / 57°F
77°F / 61°F
powered by Weather Atlas

Subscribe

Independent. Local. Substantive. Subscribe now.

  • Subscribe & Support
  • Print Edition
  • HV1 Magazines
  • Contact
  • Our Newsletters
  • Manage HV1 Account
  • Free HV1 Trial

© 2022 Ulster Publishing

No Result
View All Result
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s Happening
    • Calendar Of Events
    • Art
    • Books
    • Kids
    • Lifestyle & Wellness
    • Food & Drink
    • Music
    • Nature
    • Stage & Screen
  • Opinions
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Subscribe & Support
  • Contact Us
    • Customer Support
    • Advertise
    • Submit A News Tip
  • Print Edition
    • Read ePaper Online
    • Newsstand Locations
    • Where’s My Paper
  • HV1 Magazines
  • Manage HV1 Account
  • Log In
  • Free HV1 Trial
  • Subscribe to Our Newsletters
    • Hey Kingston
    • New Paltz Times
    • Woodstock Times
    • Week in Review

© 2022 Ulster Publishing