Legislative
Happenings
Kings
Highway Infrastructure
by Gary Bischoff
As most readers are aware, the Ulster County Legislature voted
overwhelmingly to approve $1 million of “Shovel Ready”
money for the water/sewer project on Kings Highway. The county
worked closely with town officials to make this happen. In particular,
the project consultant for the town, Vernon Benjamin and Assistant
County Attorney Bea Havranek did most of the heavy lifting. This
is the last piece of funding which includes state and federal
funds to make this project happen. As Mr. Benjamin pointed out,
“sewer and water service are essential to allow established
technology companies like Markertek, Fehr and Wiley Electronics
to expand. The new services would also help attract new businesses
to now vacant sites like the former Phillips plant which has been
vacant and deteriorating since American Candle Company pulled
out several years ago.” In addition, I am confident that
there will be positive spin off from the solar consortium at Tech
City as well as expansion of other companies along the corridor
such as Precision Flow Technology.
The Saugerties Town Board has held several public hearings on
the project and related issues, and has been very responsive to
public comments. I applaud them for their forward-looking vision
on this as well as their hard work.
When considering the impact of a project like this it is useful
to look at the history of other water and sewer projects. I saw
an article in Rural America by Faqir S. Bagi that detailed the
result of an economic study of water / sewer projects in 30 states
including 3 in New York.
The link to the article here.
To summarize the important points; “Water/sewer projects
can save and/or create jobs, spur private sector investment, attract
government funds, and enlarge the property tax base. The 87 water
/ sewer projects studied, on average, created 16 full-time-equivalent
construction jobs. Direct beneficiaries (businesses) saved, on
average, 212 permanent jobs, created 402 new permanent jobs, made
private investments of $17.8 million, leveraged $2.1 million of
public funds, and added $17.0 million to the local property tax
base. Indirect beneficiaries saved, on average, 31 permanent jobs,
created 172 new permanent jobs, attracted $3.34 million in private-sector
investment, leveraged $905,000 of public funds, and added $3.0
million to the local property tax base. This enlarged property
tax base, at a mere 1-percent tax rate, would yield $200,000 in
annual property
tax to the community.”
While it is not certain what the economic benefits will be to
Saugerties and Ulster County, it is clear that typically there
are significant benefits. Again, congratulations to everyone involved,
and I wish to publicly thank my colleagues in the Ulster County
Legislature for supporting this important project.