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Tag: Authority

Contractor sues Aud Authority, Oneida County over unpaid work on Nexus Center

The contractor working on the Nexus Center in downtown Utica is suing the Upper Mohawk Valley Auditorium Authority and Oneida County for at least $10.4 million for work completed on the project. 



a close up of a bridge: Crews continue construction work at the site of the Nexus Center on Wednesday, April 1, 2020, in Utica. The Nexus project, which formally broke ground in mid-February, is funded through three sources: state funding; the Aud Authority; and an increase in the county's hotel occupancy fund.


© ALEX COOPER / OBSERVER-DISPATCH
Crews continue construction work at the site of the Nexus Center on Wednesday, April 1, 2020, in Utica. The Nexus project, which formally broke ground in mid-February, is funded through three sources: state funding; the Aud Authority; and an increase in the county’s hotel occupancy fund.

The lawsuit, filed in state Supreme Court in Oneida County, concerns the 170,000-square-foot athletic facility adjacent to the Adirondack Bank Center on Route 5S in Utica. The $50 million Nexus Center is expected to hold four ice rinks, locker rooms, spectator seating and other amenities for youth tournaments when complete. 

Construction on the project has been halted since May due to the coronavirus pandemic and concerns

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Richfield’s Economic Development Authority Authorizes Second Round Of Coronavirus Small Business Forgivable Loans

September 30, 2020

Since the outbreak of the COVID-19 pandemic, 1.4 million small businesses have either closed of suspended operations according to a study by Oxxford Information Technology Ltd. It is expected that as many as four million small businesses could be forced to shut down permanently by the end of the year, or about 13 percent of the country’s small businesses.

Richfield’s Economic Development Authority (EDA) is doing everything it can to provide financial assistance to the city’s small businesses as they try and weather the global health crisis. The authority has authorized a second round of small business forgivable loans.

“Businesses of all shapes and sizes are seeing a drastic reduction in income during the COVID-19 pandemic,” explained Richfield Chamber of Commerce Chairman Greg Worthen. “Richfield was one of the first cities in Minnesota willing to help its small businesses through this crisis in the form of a

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