DEC Directs City Remove Substandard Dirt from Our Lady of Sorrows Baseball Field

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WPCNR CITY CIRCUIT. By John F. Bailey. © 2010, White Plains CitizeNetReporter. All rights reserved.  October 14, 2010:


 


As first reported last Friday on the city news roundup show, White Plains Week,  the city will begin removal of surface dirt to a depth of two feet on the Our Lady of Sorrows School Baseball Field beginning in a few weeks according to the Department of Environmental Conservation.


 


 



 


The New York State Department of Environmental Conservation approved a White Plains Plan  for removing “all fill material from the (Our Lady of Sorrows School) baseball field,” according to a letter from the DEC dated June 29 of this year.


 


The destruction and rebuilding of the field was supposed to have taken place “prior to reopening of the area to active usage,” according to the official letter below. It is unclear whether the field is still being used by the private school on Mamaroneck Avenue while it is now in session.


 



 



 


The city, according to White Plains Commissioner of Public Works Joseph Nicoletti speaking to WPCNR last night, is preparing a plan to remove two feet of surface dirt from the entire field and resurface with new fill, but did not have a date when this would happen as of last night.


 



 


 Commissioner of Public Works, Joseph Nicoletti told WPCNR Wednesday evening the work at the OLS field would take about a month. He said he did not have a figure on what it would cost to remove and replace the fill, but the city would assume full cost of the job.  Nicoletti said the city would be notifying Our Lady of Sorrows Elementary School of its plans to start and a schedule when the plan is finalized.


 


 


The DEC directive calling for removal of the landfill used to build it came to light during a routine WPCNR check-in with the DEC Press Office last week to ascertain the progress of the Gedney landfull when at the same time WPCNR had been told of tests having been made at the OLS baseball field. 


 



 


Sattellite View of OLS BaseballField (the diamond to the slightly left center of the picture), shows its proximaity to the Gedney Landfill to the far left, and private greenhouse operation north of the field.


 



A Closer View.


 


The landfill closure plan has been a work in progress going back and forth between the city and the DECfor four years, since the DEC told the City Department of Public Works the landfill had to be closed in 200. Wendy Rosenbach, DEC Regional Citizen Participation Specialist, in a statement clarified the OLS rumor to WPCNR October 1:


 


“Gedney Way Landfill is under DEC order to close and specific closure requirements are under negotiation. DEC conditionally approved an interim closure plan for the Our Lady of Sorrows School portion on June 29, 2010 (See attached letter). In a May 10, 2010 letter (also attached), DEC directed the City of White Plains to submit a final closure plan for the balance of the (Gedney) landfill by October 1st.”


 


Nicoletti told WPCNR that that final closure plan for the entire dump has not been filed yet to close the landfull and said it would not be completed until the spring when the DEC would have to approve the final version.


 


The OLS work, though,  will start shortly, according to DEC understanding. Ms. Rosenbach of the DEC issued this statement to WPCNR October 7, last Thursday:


 


“Just heard back from the Regional Solid Waste Engineer (Kenneth B. Brezner) and DEC has been in contact with the City of White Plains regarding this site: 1. The city has not started work at Our Lady of Sorrows site because they are currently working out legal issues. 2. The city hopes to start work in the next few weeks. 3.) The City will call DEC in the next week to provide an update.”


 


The city, according to White Plains Commissioner of Public Works Joseph Nicoletti speaking to WPCNR last night, is indeed preparing a plan.


 


He said the city will remove two feet of surface dirt from the entire field and resurface with new fill. He did not have a date when this would begin as of last night.


 


 Nicoletti told WPCNR the work would take about a month. He said he did not have a figure on what it would cost to remove and replace the fill, but the city would assume full cost of the job. 


 


Nicoletti said the city would be notifying Our Lady of Sorrows Elementary School of its plans to start and a schedule when the plans are finalized.


 


OLS Unaware as of Tuesday evening.


 


Tuesday evening, WPCNR asked Robert Stackpole, the chief financial officer for the elementary school what the legal issues were that the DEC said the city was working out with the school.


 


He said, “what legal issues?” When informed of the DEC comfirmation to WPCNR that the city was to remove all fill from the baseball field, Stackpole said, “I don’t believe it.” Stackpole also said the school received the fill to build the field from the city when the field was created. 


 


Thursday afternoon, Stackpole contacted WPCNR and confirmed again the city has yet to inform the school of its plans and he had not heard from either John Callahan the city Chief of Staff or Commissioner Nicoletti as of 2 PM.


 


 


Mystery men.


 


 Stackpole said he recalled being told of personnel from the city appearing on the field conducting some operations, but the school administration was given no explanation of what they were doing. Stackpole did not say when the workers appeared on the field (presumably when samplings of the soil were made, from which the DEC determined the fill was not up to state standards).


 


It was unclear from the material provided WPCNR by the DEC how contaminated the dirt is that needed to be removed.  Mr.Stackpole when asked could not recall exactly when the OLS baseball field was built. He thought it was about 10 to 15 years ago.


 


Gedney Little League Field Not Tested.


Archbishop Stepinac Fields OK: DEC


 


Asked about whether the Archbishop Stepinac football and baseball fields, also adjacent the Gedney landfill have been recently tested, (where a new synthetic turf field is planned by the private high school), Ms. Rosenbach of the DEC issued this statement:


 


Stepinac High School is a past DEC enforcement case settled and closed a number of years ago. Athletic fields (there) were constructed using Construction and Demolition debris (C&D). The C&D debris was tested and found not to pose a threat to the environment or public health if covered with paved surfaces (tennis courts) or clean soil – which was done.”


Asked if the Gedney Little League Field built adjacent to the Gedney dump and opened in 2001 had been tested for contaminated soil, Rosenbach of the DEC issued this statement:


 



“The testing which is being done now by the City of White Plains with DEC oversight is only at Our Lady of Sorrows, not at Stepinac or at any City Little League Field. DEC has no (current testing) information regarding any testing at these other two locations
.”


 


A little too dirty dirt from the city  also showed up at Eastview School Fields.


 


This is not the first time city-supplied materials have been judged below standard. In May, 2004 The White Plains City  School District had a problem when the Eastview fields were redone by the city as part of the Stop and Shop project. Then Athletic Director Mario Scarano refused to accept the fields because of construction debris in the dirt given the district by the city. That story may be viewed at http://www.whiteplainscnr.com/article2407.html

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Fore! Gedney/South End Residents Tee Off on Secrecy of Ridgeway Plans

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WPCNR NEIGHBORHOOD NEWS. By John F. Bailey. October 12, 2010:


 


Persons attending the Council of Neighborhood Associations Forum on Ridgeway Golf Club Tuesday evening in a straw vote called by County Legislator Bill Ryan in Questions and Answers  indicated more than half assembled preferred the club continue its use as a public course perhaps run by Westchester County or the City of White Plains.


 



 


Approximately 170 persons attended the Council of Neighborhood Associations Forum on Ridgeway Golf Club Tuesday evening at Ridgeway School.


 


 


In a second question posed by Mr. Ryan, whether the club should just be converted to open space should the city acquire it, about half of the group in a show of hands indicated they would like that too.


 


The anxiety over the uncertain future of the historic Ridgeway Golf Club which Robert Stackpole indicated to the group wants to sell the club by the end of this year, took flight about the room like an approach shot to a water and sandtrapped green and weaved and  twisted like an downhill putt on a fast green for two and a half hours, but when asked by a member of the audience what the Common Council process would be for appoving the Ridgeway purchase, none of the six members of the Council present stood up to explain their process.


 



 The stage was stolen at the end of the evening County Legislator William  Ryan of White Plains.


 


Ryan reminisced that in 2009 he had urged the county to “model this (county/city or county-only) purchase of Ridgeway) out to see if it made sense to add to the county’s golf courses,”  and urged that the county should revisit it, but cautioned, “Clearly the county is not in the best (financial) position.”


 


Ryan said he expected vastly curtailed budget items coming up in the County Executive Astorino budget scheduled for delivery November 1. Ryan said he did not know if the County Board of Legislators could be persuaded to acquire the club with White Plains help or without, given the budget conditions, and that “the taxpayer is mad as Hell.” The impression left was that Ryan might bring the issue to the county.


 


However, last Friday, County spokesperson Donna Greene when asked by the CitizeNetReporter if the county had an interest in obtaining the financially troubled country club, said. “No. Absolutely no interest.”


 


Voices from the Past:


 



 


In a meeting that brought out some old faces and a who is who of White Plains: the legendary Edward Steinberg, former Commissioner of Planning under Mayor Alfred Del Vecchio, expressed shock to learn that the city had given up the right of first refusal that had existed for many years. “When did that happen?” Steinberg said, then went on to say emphasizing twice that for future generations, “(city) failure to obtain this property would be a tragic missed opportunity.”


 


( It is WPCNR understanding, that the Delfino administration negotiated with the Ridgeway Golf Club that in turn for raising the Club assessment (due to renovation), it would give up the right of first refusal.)


 



 


The buzzing throng heard former Commissioner of Planning Michael Graessle  during the question and answer period estimate that 90 homes could be built on the property should it be sold to a real estate developer, and that he doubted whether 90 homes would generate over 300 children. Graessle earlier had listed some negatives weighing against the city acquisition of the property: the continuing budget problems of the city, how much the land would cost the taxpayers in financing, and that would have to be considered. Graessle took no position on whether or not to acquire the club.


 


Trust would not help with a golf course use.


 


The Associate Director of the Westchester Land Trust observed the Trust would not help the city acquire the land for continued use as a golf club, but would assist the city in creating an environmentally sensitive residential project or acquisition of the land for total open space.


 


William Cuddy of  CB Richard Ellis, in attendance, who represents the realtors handling the Ridgeway sale told WPCNR that since the CB Richard Ellis sale of the Hampshire Club in Mamaroneck, he has seen substantial interest in the Ridgeway Club among golf course companies.


 


Two speakers from Concerned Citizens for Open Space emphasized the city did not have the luxury of time to analyze the deal that it was essential a decision to buy or not to buy had to be made quickly otherwise the city would lose control of the property. One urged all to work together to acquire the property and not bog down in arguments about how the club would be used. This theme was echoed by Robert Stackpole – also noting how a Toll Brothers effort to build some 40 homes in Greenburgh is in its eighth year of negotiating with the  Town of Greenburgh in a costly, time-consuming process for that town.


 



 


Terence Guerriere, the President of the Gedney Way Neighborhood Association in response to arguments from a member of Westchester Hills Country Club who argued that roads, and pools, and a public course across the street would bring traffic and issues that would change the neighborhood substantially and hurt his country club, said he, Guerriere, was in favor of the city acquiring the club if it was “handled correctly,” without saying what that correct way was. Guerriere said that the city needed more public forums with the public like this one to explain what the city plans were.


 


Council Observes Does Not Shine Light on Darkness


 


All members of the Common Council attended:  Benjamin Boykin, David Buchwald, Milagros Lecuona, Dennis Power,  Tom Roach,  and Beth Smayda.


 



 


Ms. Lecuona appearing  on the panel of speakers said she could not comment on the city’s position on the club because she could not reveal what went on in Executive Session. Lecuona did say to the public the Executive Session was the first time the council was told the city was considering purchasing the club. She said the club represented a great opportunity to acquire open space for the city, and raise property values in the Gedney Farms neighborhood. She said she could not comment on city plans for the property. (WPCNR was informed by a source close to the process that all members of the Council had been given a tour of the golf course property prior to the Executive Session October 7.)


 


In the question and answer period, a gentleman in the back of the room asked the members of the Common Council what the process (of acquiring the club) might be, what the step-by-step process was that the council would follow in making a decision on whether or not to buy the club.


 


No Councilperson on the floor, including the President of the Council answered the question. Once again, it was left to Coucilperson Lecuona on the panel to say that the council was prevented by the rules of executive session.


 


Mayor Adam Bradley and his Chief of Staff John Callahan did not attend the meeting.


 


A spokesperson from the youth bureau plugged the availability of White Plains Youth Bureau Youth Employment Services (call 914-422-1378, Extension 2154.


 



 


Dina Sciortino, The new Editor of  White Plains Patch, the America On Line news service about to debut in two months spoke to the group announcing the Patch News Service would go online “the last week of November.”

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White Plains Sales Tax Receipts Sharply Up in September

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WPCNR QUILL & EYESHADE. From the New York State Department of Taxation and Finance. October 12, 2010 UPDATED 5:45P.M. E.D.T.:


 Shoppers. diners, and drinkers, and moviegoers  returned strongly to White Plains Westchester County’s retail  and entertainment hub in September.


According to Brad Maione of the Department of Taxation and Finance Press office, White Plains reaped a 35% increase in sales tax receipts above September 2009.


It was the first time since White Plains installed a 1/4% increase in its sales tax effective July 1 that the city had gained tax receipts over and above the 11% the sales tax increase represented. The White Plains share of the sales tax is 2-1/2% as of July 1, compared to 2-1/4% last year.


Throughout Westchester County, sales taxes rose 3.2% in September and 1.3% through the first 9 months of the county fiscal year. Should the county maintain its sales tax pace of last year in October, November and December, it will generate $434 Million in sales tax, beating its sales tax revenue forecast by about $2 Million. The county pace picked up, increasing 3.2% in September after having been down 1.2% in August after July generated a 7% increase. The county continues to struggle.


 


The City retail and entertainment establishments generated $4,598,468 in September  compared to $3,390,776 in September 2009. The $4.6 Million is the highest White Plains number since September 2008. The highest sales tax revenue ever generated in a month by White Plains was $5 Million in December of the fiscal year 2006-07, when the White Plains “Renaissance” was at its zenith.


 The city has generated $12.1 Million in sales taxes in the first three months of the 2010-11 fiscal year compared to $10.3 Million the first quarter last year, putting the city on a pace for  $50 Million in sales tax (the city is budgeted for $43.5 Million), if the upward trend continues.


On the county side, all of Westchester rumbled along at a modest 4.76% increase in sales tax collections in September, $42,906,181 compared to September 2009 $41,564,454 , up 3.23%. This would indicate that despite the White Plains surge in spending accounting for 11% of the county September numbers, the rest of the county had a sluggish September.

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Ridgeway $$ = Cost of PD/Fire Layoffs. Safety OT Ahead of Pace

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WPCNR QUILL & EYESHADE. By John F. Bailey. October 7,  2010:


 


White Plains Police and Fire Union Presidents, Jim and Joe Carrier, respectively are conflicted over the possible acquisition of Ridgeway Country Club by the city.


 


Both union heads told WPCNR Ridgeway acquisition would be possibly a positive development for the city. Each wondered about the city willingness to add the budget burden of  unanticipated debt and continue to compromise, in their view, the Department of Public Safety ability to do its job.


 


The Fire union head told WPCNR that the manpower cuts from layoffs which saved the city $2 Million at the cost of 21 police and fire positions, have resulted in a massive amount of overtime due to unusual fire activity.


 


The union Presidents were interviewed by WPCNR considering their organizationss are currently in dispute with the city and are without contracts, and public safety manpower is being stretched thin (in their opinion) by refusal to fill vacancies in the departments.


 


The fire union president, Joe Carrier warned the city has depleted its overtime budget ahead of schedule due to the 12-hour Bengal Tiger Fire July 7 and other fires the first three months of year, warning of budget problems in the current balanced city budget.


 


Joe noted the Bengal Tiger blaze of July 7 and other fires in the city  had cut deeply into the $462,000 allocated to the Department of Public Safety overtime budget for 2010-11 (the current budget)  with only 3 months into the budget year.


 


WPCNR is checked with Commissioner of Public Safety, David Chong on the actual pace of the  overtime drawdown. Commissioner Chong said the overtime cost for the quarter had not been compiled yet.


 


 


As background, police and fire negotiations are currently stalled. The White Plains police and fire unions are currently without a contract with the city and at their lowest levels in 25 years.


 


Acquisition of Ridgeway Annual Cost Could Approach Safety Savings.


 


If the city spends  upwards of $15 Million  to buy Ridgeway Country Club(the club is for sale for $13.5 Million) through a bond issue over 10 years, the cost of the club purchase per year is equivalent to the $2 Million the Common Council cut in the round of 21 police and fire layoffs last spring.


 


There is the scenario that if  the city acquires the club for less than the $13.5 Million, the cost of the bond  would not cost as much as the police and fire layoffs, however,  the city is planning improvements to the club should they acquire it,  which would have to be financed as well.   


 


Overtime Savings Threatened by Lawsuits.


 


The unions  are additionally embroiled in a federal lawsuit with the Bradley administration over whether the city has the right  to charge retirees joining the city police and fire departments before1996 for portions of medical premiums (15%) going forward, those charges are currently on hold due to an injunction issued by the court, and an additional legal dispute over the adoption of  24 hour shifts for the fire bureau and 12-hour shifts for police patrols without Common Council approval.


 


Of course, without the new shift rules now in effect which supposedly save the need for overtime, police and fire overtime costs might be expected to increase substantially.


 


The city met the terms of  last year’s binding arbitration award to the police and fire fighters of 3.5 and 4% raises for 2008-09 and 2009-10, by eliminating  21 police and fire uniformed personnel,  cutting police department uniformed strength from 225 officers to 206, and fire bureau from 169 to 152 by eliminating 9 fire fighters and refusing to fill 9 vacancies. The layoffs and the hiring freeze on filling vacancies resulted in a savings of $2 million for the city


 


Jim Carrier, Police Union President,  said the city-contemplated purchase of Ridgeway Country Club for $13.5 Million, that the city could finance over 10 years according to city Commissioner of Finance, Michael Genito, might be a very good thing for the city.


 


Joe Carrier, of the fire union though pointed out that the city fire bureau is down to 8 fully staffed fire apparatus, with one rig is consistently idle. He pointed out the fire bureau was at its lowest manpower in 25 years. At times, the city is down to 7 rigs. He predicted that with the unexpected early depletion of the overtime budget that the ability to staff the city fire equipment would get worse (if overtime had to be restricted).


 


The speculative numbers.


 


It should be pointed out that the city has not divulged a figure they expect to pay for the Ridgeway Club. That being said, WPCNR had a mortgage broker in White Plains, Bob Meyerson run some costs for us:


 


The new Ridgeway purchase should it come to pass – if the city bonded for $15 Million over 10 years as Mr. Genito indicated to WPCNR at the current 2.55% municipal bond rate, the property would cost the city $1,700,953.92  a year in debt service. (The figures were prepared for WPCNR by Robert Meyerson of White Plains, a mortgage broker.


 


 Meyerson also told WPCNR that if the city took a 15 year bond out for a $15 Million Ridgeway purchase, it would cost the city, $1.3 Million a year for the debt service. 


 


Genito said if the Rye city Golf Club model was used, he expected the new Ridgeway Country Club acquisition would be paid for in fees by the members, and be self-liquidating.


 


WPCNR assumes the city would bond for more than the $13.5 million price the country club is asking because of the city desires to make improvements in the club. Some of those improvements WPCNR has learned may include two more swimming pools, and the possibility of athletic fields.


 

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Ebersole Rink Opens Friday at 3…and Friday evening at 8

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WPCNR CITY HALL CIRCUIT. From Department of Recreation and Parks. October 7, 2010:


Good old Ebersole Rink will open for the 2010-11 ice skating season Friday with two public sessions at 3 P.M. and 8 P.M.. Those sessions will be  followed by a Saturday public session from 12 to 4 and Sunday session from 1 to 4 P.M. 



Welcome Back! Kristen Fuerst, Ebersole Skating School Director for 13 years, reports  there is still time for parents to sign their kids up at the White Plains Department of Recreation and Parks Headquarters. Private lessons are also given at the rink by the Skating School Instructors. Contact Rec & Parks at 422-1336, for the Skating School Booklet, or the skating school at 948-6696, for information on Group Lessons from 4 to Adult, Advanced Figure Skating. 


Friday is the earliest date Ebersole Rink has opened in years. Skating classes for children of all ages and adults are now open for enrollment with classes beginning  Friday October 22. For information, go to www.skatinginstructor.com or contact the Department of Recreation and Parks, 422-1336.

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Loud Explosion Mon Evening Cause pinpointed. Bengal Tiger Report: End of Month

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WPCNR POLICE GAZETTE. From White Plains Department of Public Safety. October 7, 2010:


While WPCNR was keeping vigil at the Executive Session of the Common Council Monday evening, a cacaphony of sirens shrieked outside city hall converging on the center of town. Afterwards, WPCNR learned there was an loud noise which sent people out into the street in the vicinity of Trump Tower and Martine Avenue.


Commissioner of Public Safety David Chong reported to WPCNR this morning that


“(We) believe it was caused by a blowback of one of the rooftop generators located on roof of City Center. No danger to the public, no damage.  Information passed to Buildings Department for follow-up.”


In the ongoing investigation for the cause of the July 7 Bengal Tiger 12-hour blaze that gutted half a block on East Post Road, Commissioner Chong advised WPCNR a report is expected at the end of this month.

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CNA Sponsors Forum on Possible City Acquisition of Ridgeway Country Club

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WPCNR South End Times. From Louis Bruno. October 6, 2010:


The White Plains Council of Neighborhood Associations will sponsor a Forum on The Future of the Ridgeway Country Club at its October meeting.  The keynote speaker will be Tom Anderson, Deputy Director of the Westchester Land Trust.

With membership declining, the Ridgeway Country Club was first offered for sale last year at $20 million, and failing that, last week at $13.5 million. In its October meeting, the White Plains Council of Neighborhood Associations (WPCNA) will feature local leaders exploring the history, ecology, uses and value of the 128.6 acre Ridgeway Country Club.  The meeting is at the Ridgeway School cafeteria, 225 Ridgeway in White Plains, NY at 7:30 pm on Tuesday, October 12, 2010. Admission is free and audience participation is encouraged.


Spun off from the 1912 Gedney Farm Hotel, the Ridgeway Country Club has long been known for golf, tennis and fine dining.  But today, with debt rising, the Club wants a quick sale to end the pain. Developers see an opportunity for upscale housing — the property is zoned R1-30, One Family District.  Environmentalists point to many acres of sensitive wetland.  Open space advocates hope, at minimum, for continued operation as a country club.  The City may buy and develop it for recreational use while protecting and preserving the space.

In addition to Tom Anderson, who writes and lectures on Long Island Sound issues, the Forum will include architect and White Plains Common Council Member Milagros Lecuona, prominent Realtor and former Planning Commissioner Michael Graessle, environmentalist Robert Stackpole, White Plains Historical Society President Robert Hoch, EcoNeighbors: Carry Kyzivat and Yvonne Gumowitz, and White Plains Concerned Citizens for Open Space President Frances Jones, who will moderate the discussion.

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Council Mems Toured Ridgeway Club. Hears $$ Plans for City to Buy/Run Ridgeway

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WPCNR COMMON COUNCIL-CHRONICLE-EXAMINER. By John F. Bailey. October 5, 2010:


The City of  White Plains is considering purchase of the Ridgeway Country Club, having spent two hours and 45 minutes discussing the possibilities in an marathon Executive Session of the Common Council Monday evening.


WPCNR has learned that councilmembers have toured the Ridgeway Golf Club recently in anticipation that the city might purchase the golf club.


 


Reliable sources speaking in confidence to WPNR advised that that financial projections on how the Ridgeway Club would work under various scenarios were shown the Common Council in the Executive Session Monday evening.


Two detailed  color charts were shown the Common Council depicting how the city might reconfigure the club. One possibility disclosed to WPCNR was to add two swimming pools to supplement the one outdoor pool the club now has to serve the city population.


 


WPCNR discovered last night tha City Chief of Staff John Callahan was  city manager in Eastchester for nine years, when that city ran Lake Isle Golf Club (and still does). Callahan revealed to WPCNR his son was Deputy Manager of the Lake Isle Golf Club, indicating Callahan could contribute expertise to crafting how White Plans might run the Ridgeway Golf Club should the city be successful in purchasing it.


 


Another resource the city WPCNR discovered the city can rely on for golf tips  is City Financial Officer Michael Genito who during his employment in Rye was very involved in making the City of Rye acquisition of Rye Golf Club  successful to the point where it makes money. Genito, asked by WPCNR how the Rye Club handles members said that Rye requires citizens to be members, that walk-ons could play, but members receive preference, and walk-on residents who are not members  pay considerably more.


 


Asked how White Plains might finance acquisition of a facility such as the Ridgeway Club that might cost as much as $15 Million, Genito said  that such a  bond to buy the club could be financed over 10 years given the current low interest rates. Genito told WPCNR he felt any bond for such a club could be self-liquidating through fees.


 


WPCNR for purposes of estimating city costs figured that the city might spend at least as much as the public asking price and then some. Bob Meyerson, the White Plains mortgage broker, ran some scenarios for WPCNR as to what a $15 million bond purchase would cost the city.


 


Meyerson said a 15 year,$15 Million bond (paid off in 2025)would cost the city $107,453 a month for 180 months, costing the city $4,341,630 in interest.


 


Councilwoman Beth Smayda, an MBIA expert in municipal finance, told WPCNR  after the that the term of how long the city could finance a facility purchase through a municipal bond depended on the state finance law which defines the “asset life” of types of acquisitions.


 


Mr. Callahan, the Mayor’s Chief of Staff told WPCNR after the Executive Session that the city had exploratory talks with the Ridgeway Club before last Wednesday when availability of the Club was announced, but Callahan said it was “not much before” last Wednesday when the city first started its explorations in considering if the city could acquire the club.


 


Mayor Bradley, asked by WPCNR if the Executive Session proved favorable said the reports of the departments on acquiring the club and the city being able to afford were “favorable.” Asked  after the public council meeting if the Mayor had begun serious consideraton of purchasing the club before last Wednesday, said he had “hard rumblings (the club was for sale).”


 


Callahan told WPCNR there was no timetable or deadline the city had been given by the management of the property being considered  when the city had to make an offer.


 


 


.

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City Would Be Adding an Asset for a Song. Ridgeway is a Great Buy Says Money Man

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WPCNR QUILL & EYESHADE. By John F. Bailey. October 4, 2010:


A local White Plains mortgage broker, Bob Meyerson, of  White Plains ran raw numbers for WPCNR to see exactly what possible purchase of the local Ridgeway Golf Club, (speculated by WPCNR to be the topic of tonight’s Executive Session at the Common Council) would cost the city.


Meyerson said mortgage rates are at “rock-bottom,” and that now was the time to buy. He also noted that acquisition of the club would be an asset the city would be acquiring that could always be sold in the future if the city needed to do that.


Meyerson said that if the city borrowed $15 million ( a WPCNR guestimate assuming there would have to be some improvements to the club to accommodate use by the general public, expanding locker rooms, minimal renovations, legals costs) the ideal term would be 15 years at 3.53% (the present going municipal bond rate).


At 10 years the loan rate would be 2,56%, 7 years, 1.87%; 5 years, 1.27% and 2 years, .53%.


Over a 15-year period city would pay $107,453 a month over 180 months, for a total payment of  principal plus interest of $19,341,630, paying $4,341,630 of interest. The 15 year term is what the White Plains City School District took on their $66 Million bond referendum four years ago.


If the city opted for a 20 year bond to acquire the club, interest would be 3.81% (current rate), the loan repayment jumps to $89,324 a month for 240 months, for a total payback of $21,473,772. Take away the $15 Million principal and the city pays $6,437,772 in interest. By opting for a 15 year term the city would save 1/3 in interest.


For a 30 year term bond, the city paying 4.3% in interest on $15 Million would  pay $74,230 a month for 360 months for a total payment of $26,723,215 — $11,723,000 in interest.


Meyerson noted that if the 128.5  acre property were developed with housing, the city would be faced with possibly adding another school in the city to educate the children that such a development would bring.

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Mayor: If We Don’t Move Fast the City Could Lose This Unique Opportunity

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WPCNR CITY HALL CIRCUIT, By John F. Bailey. October 4, 2010:


 


 As reported by  the city news roundup show White Plains Week Friday evening, the city of White Plains is definitely in the market to acquire Ridgeway Country Club in the heart of the Gedney Farms neighborhood. The city administration in a whirlwind of activity since last Wednesday several days has analyzed the feasibility of acquiring the sprawling pristine 1923-vintage 18-hole golf course for the city, according to Mayor Bradley moments ago.


 


Mayor Adam Bradley speaking exclusively to the White Plains CitizeNetReporter after WPCNR posted the City Clerk’s notice of the special executive session to “discuss the sale or acquisition of land” tonight at the White Plains Common Council meeting, said  when he learned that Ridgeway Country Club came back on the real estate market priced at $13.5 Million last Wednesday, he put the wheels in motion.


 


The published price to acquire the club is approximately $7 Million less than it was offered when put on the market in 2008.  The Mayor told WPCNR he directed his Chief of Staff John Callahan to have key city department heads to look into the feasibility of the city acquiring Ridgeway Country Club immediately. He told WPCNR he had gotten “most of those (department head) reports back.”


 


The Mayor told WPCNR the city has a stable debt ratio compared to most municipalities; that present  interest rates for borrowing to buy were very attractive for the city. He said “This is a huge opportunity. If we don’t move fast, the city could lose this unique opportunity.”


 


He said any possible city acquisition of the club would enhance real estate values in the Gedney Farms neighborhood, preserve open space, and preserve  the area from further development. He noted that possible acquisition of the Ridgeway Country Club would provide unique recreation opportunities for White Plains residents. The club includes 8 tennis courts, banquet facilities, an 18-hole golf course, an outdoor swimming pool, among other assets.


 


The mayor noted that city-owned country clubs are profitable in Rye and Eastchester and saw Ridgeway as beging operated like those two model operations. He noted to WPCNR,”What’s the first thing you hear about the advantage of living in Eastchester? The Lake Isle Club.”


 


The Mayor said he did not know how present members in the club would stand should the city acquire the club. He said he would not put the city in a bidding war for the property.


 


According to the 2010-11 current budget the city has $102.2 Million in debt and a $155.5 Million city budget. Of the debt, 57% is tax-supported and 43% is self-liquidating. “Indebtedness projected from 2010-11 through 2015-16 is based on the adopted Capital Improvement Program and shows an expected increase in self-supporting debt in relation to tax-supported debt. As a result, the City’s reliance on the property tax to fund future debt service payments will decline accordingly.


 


The 2010-11 city budget notes that the city has $604 Million available when the state constitutional debt limitation was computed on June 30, 2010.


 


Should the city acquire the club, it would take the club off the property tax roll, and the city would have to pay taxes on it to the county. but presumably that would be paid for by city profits from the club.

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