CITY OF UTICA SEEKS PROPOSALS FOR DEVELOPMENT OF UTICA HISTORIC MARINA

Mayor Robert Palmieri today announced the City of Utica, in partnership with the Utica Industrial Development Agency, has issued a Request for Proposal (RFP) for the purchase and development of the Utica Historic Marina located at 16 Harbor Lock Road.

The city owned building at the marina was constructed in 2001 on property leased by the City from the NYS Canal Corporation. Seeing an opportunity for economic development, Mayor Palmieri worked with the Canal Corporation and other State partners to inquire about selling the land to the city thereby allowing the building and the land to be sold together.

The building is 8,000 square feet in size, is comprised of two levels and currently home to Aqua Vino restaurant.

The offered purchase price will be taken into consideration, as well as, the financial capability of each bidder, their short- and long-range vision for the property and the ability of each bidder to implement that vision.

Mayor Robert Palmieri stated, “The benefits of the city purchasing the land surrounding our facility at the marina is a win-win as it enables us to market the entire property which makes it appealing to investors. Selling the property to proven developers will expand our tax base, reduce city expenditures and provide a unique opportunity for economic development.”

A copy of the RFP can be found on the City of Utica website, www.cityofutica.com. Proposals are due by 3:00 pm on Thursday, September 6th to J. Michael Mahoney, Secretary to the City of Utica Board of Contract & Supply.