Monday, April 29, 2013

applications for police camp ...new WESTHELP affordable housing proposals

The Town of Greenburgh Police Department Summer Youth Program applications are available starting TODAY at Police HQ’s.

For information, call Sergeant Robert J. Gramaglia, (914) 682-5391.


MRH/Richman has offered the town two additional options if the Town Board decides to lease the WESTHELP property to them. The Town Board will be holding a special meeting tomorrow morning at 9:30 AM to make the decision. Option 1 (posted Friday and posted along with the other proposals on the town website) offered no rent in years 2 and 3 because there is a $1.5 million up front payment. Some residents questioned the lack of rental payments for two years. Option 2 addresses that concern.

1 West Help Property Rent Payment Options



OPTION 1: $1,500,000 paid up front , $0 rent in year 2 and 3, $500,000 rent year 4-18.



OPTION 2: $1,500,000 paid up front , $441, 176.47 paid year 2 thru 18.



OPTION 3: $3.5M Lump Sum payment up front





NOTE: Please let us know before the lease starting date which option you choose to move forward with.


PAUL FEINER

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