Finance Committee Discusses Transfer of 21 N. Front Street to Kingston Local Development Corporation (KLDC) on February 10

The Kingstonian Developer’s Environmental Assessment Form (EAF)

With the approval of the Kingstonian project’s unprecedented 25-year PILOT, the remaining governmental approvals for the development will be initiated. On Friday, January 29th, the Mayor of Kingston submitted the first of those with a communication from his office to the Common Council President requesting the “transfer of 21 N. Front Street to the Kingston Local Development Corporation (KLDC)” be assigned to the appropriate council committee. It is one of a two part decision making process required by the Kingston Common Council for a parking garage to accommodate the Kingstonian project’s luxury apartments and boutique hotel. Step one, the sale or lease of land and step two, the closing of Fair Street Extension (see image above).

Given the speed in which these decisions are made once communications are submitted, we encouraged the public to turn out at their first opportunity to speak during the full council meeting on February 2. Thanks to community members who spoke on record or submitted comments to urge the council not to close a public street for this project. The testimony was informative and important for the council to hear prior to their committee discussions during which time there are not public comment opportunities.

At the February 2 council meeting, the public learned from the agenda packet that the land transfer had been assigned to the council’s Finance Committee on Wednesday, February 10 at 6:30pm. The five members of the common council who serve on the finance committee include Ward 5 Alderman Don Tallerman, Ward 7 Alderman Tony Davis, Ward 9 Alderwoman Michelle Hirsch, Ward 8 Alderman Steve Schabot and Ward 3 Alderman (and majority leader) Rennie Scott Childress is chair.

Once the city property is transferred, the council will move forward with a decision to close Fair Street Extension. Although the assessed value of 21 N. Front Street is known to be $724,000, the value of Fair Street Extension remains unknown.

As there isn’t a public comment opportunity during the council’s finance committee meeting, the public may watch and listen to the discussion starting at 6:30pm on 2/10 by visiting the City of Kingston’s YouTube channel.