Aud Authority plans to bond to cover costs of Nexus Center in Utica NY
The Upper Mohawk Valley Auditorium Authority is working to secure bond that could cover the costs of completing the Nexus Center in downtown Utica, said Anthony Picente Jr.
Picente said the Audit Authority recently sent out a request for proposals that would help facilitate the liaison.
âI hope they will be squared in the next few weeks,â Picente said.
Picente presented a motion for a resolution to the Oneida County Council of Legislators in March, this would allow the county to potentially help the Aud Authority by recovering from the county any obligations the authority might receive.
The county executive expects the council to address the legislation at its June meeting.
the county is in the middle of a contractor lawsuit working on the Nexus Center.
Hueber-Breuer of Syracuse, the contractor, is suing the Upper Mohawk Valley Auditorium Authority and Oneida County for at least $ 10.4 million for work completed on the project. The lawsuit was filed in early October.
Designed as a 170,000 square foot building along Whitesboro Street adjacent to the Adirondack Bank Center at the Utica Memorial Auditorium, Nexus is expected to be a sports recreation facility primarily used for ice hockey, boxing lacrosse, and football .
It will include locker rooms, commercial offices, retail spaces, food and beverage services and other multi-purpose training spaces.
Land was broken at the site in February 2020, although construction was halted in May due to the coronavirus pandemic and cash flow issues.
The county paid $ 9.7 million of the $ 18.1 million owed to the contractor on behalf of the Aud Authority, according to the lawsuit. The county has been reimbursed by the state up to $ 22 million in payments through a grant through Empire State Development, according to Observer-Dispatch reports.
The proposed resolution also stipulates that the county executive would be authorized to negotiate and develop agreements with the Authority to provide the financial, contractual or other support necessary to carry out the Nexus project.
The resolution further stated that completion costs could not exceed $ 63 million.
In a March statement, Andy Bruer, president of Hueber-Bruer Construction, said he appreciates the fact that the county and the Aud seem determined to push the funding forward.
âIt cannot happen soon enough and we want to be cooperative,â he said at the time.
Picente hopes that work on the Nexus Center can start again in July, if all goes according to plan.
Ed Harris is the Oneida County reporter for the Observer-Dispatch. For unlimited access to his stories, please subscribe at the top of the uticaod.com home page or activate your digital account today. Email Ed Harris at [email protected]