Sunday, September 25, 2016

FSMC/FRMC to Merge?

Article that discusses merger of Fort Schuyler and Fuller Road Management Corporations.  Article was written August 10th, 2016.

There was no discussion of this at FSMC's first public meeting - see previous blog-.

"It was also noted the move will save SUNY Poly a considerable amount of money and would allow SUNY Poly to convert bonds that were used to build the school's new $192 million ZEN building to tax exempt status, which would reduce interest on the bonds by $800,000."  Note: ???????  (don't understand this)

Ref:  http://www.timesunion.com/tuplus-business/article/Exclusive-SUNY-Poly-merging-Fuller-Road-Fort-9133695.php

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