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So
how long a stretch is it
to the brass ring?
Usually, a story has one bottom line. Right now, the
Concord seems to have three and that currently is the problem.
The first bottom line, the one that has prompted a need
for two others, is that Westchester County developer Louis Capelli wants
Sullivan County to fund $22.5 million for a convention center at the new
Concord Hotel he wants to build. He says the “four-star-plus” hotel that
he would build would not be a complete, year-round destination without
a convention center.
Last Thursday afternoon Capelli spent several hours trying
to convince the Sullivan County Legislature that: a) he does have a legitimate
plan and his effort is ongoing, and b) the county can afford to bond the
investment that he wants them to make.
The second bottom line is that of at least two county
legislators, Rodney Gaebel (RC-5) and Chris Cunningham (DC-1), who remain
skeptical about indebting county taxpayers again. Struggling out of a long
period of economic recession, budget shortfalls and debt, county legislators,
and the supervisors before them, have for years been approached with developers’
plans involving various levels of county involvement. In recent memory,
there has been a failed performing arts center at Sackett Lake, sports
promoter Jay Acton’s plan for a year-round, combined baseball stadium-hockey
arena and Joseph Murphy’s plans for the Concord. With few exceptions, developers’
plans have not been able to withstand close examination and have disappeared.
A third bottom line is that of state Senator John Bonacic
(RC-40), who would be involved in procuring some $20 million in state funding
for the Concord project. Last week, Bonacic said he wants the other parties,
especially the county legislature, in “300-percent” agreement before he
begins any serious efforts to obtain new state funding for the Concord.
Capelli says he will front the money to build the 78,000-square-foot
center, which would be completed along with the first phase of his new
hotel. He says he would seek reimbursement from Sullivan when it’s finished.
He says economic projections predict new tax income to the county would
more than cover the $1.6 million estimated annual bond payments on the
project.
If you are going to be a skeptic, you have to look at
the worst-case scenarios of situations. So what would be the worst-case
scenario at the Concord? Let’s say the bonds are approved and sold, and
Capelli’s hotel project, for whatever reason, stalls or is shelved or shut
down.
Sullivan County would be in the position of finishing
and operating the center independently. What would that mean?
Officials and people in the business community have talked
about the need for a convention center in Sullivan County for years. It
was considered seriously enough that shortly after the legislature began,
the county spent $54,000 to fund a February 2000 study. And that is as
far as it went.
Again from the skeptic’s viewpoint, getting behind this
idea now means that Sullivan County is ready to build and operate a convention
center at Kiamesha Lake, with or without the rest of Capelli’s $250-million
project.
It should also mean that legislators sit down with Capelli
and play hardball about the details. If it’s going to be the Sullivan County
Convention Center, as Capelli says, and the taxpayers are paying for it,
as Capelli wants, then Sullivan County is going to do more than supply
the money. The county is going to have to be an owner or long-term leaseholder,
and the county is going to be involved in the management.
To do otherwise would be to invite an experience similar
to the admittedly depressed Apollo Mall. Sullivan County owns the Apollo
Mall, but has leased its operation to a management firm. Tenants and customers
complain that the firm has allowed the mall to languish and deteriorate
in the face of regional competition.
The bottom line, then, to the legislature is: wish Godspeed
to Mr. Capelli, but don’t commit yourself to anything you aren’t ready
to build and manage on your own, for all the people of Sullivan County.
David Hulse, News
Editor
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