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DTSTART;TZID=America/New_York:20130308T000000
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UID:4548-1362700800-1362700800@limba.net
SUMMARY:David Wolkoff- Heartland Development
DESCRIPTION:Friday morning we had developer David Wolkoff speak at LIMBA. Mr. Wolkoff’s family has been planning an enormous development that is essentially a new village. The plan was conceived over 12 years and the SEQRA process has been tedious\, along with some opposition to the effort. David began by stating that the Long Island region is dying. He pointed out that we are losing our young people and the trend does not bode well.  \nHeartland is the name of the development and it encompasses 400 acres. The plan is to have 9\,000 rental units of which 10% will be affordable housing. These will be one bedroom apartments. However larger apartments can be configured by combining two or even three units. There will be commercial space and lastly there will be retail space. The idea is to have a walkable community with much of the needs of the residents being met within the confines of the area. This will be a place where many people who work there will also live there and shop there. The plan calls for some buildings being 13 stories. That provision is acceptable in the amended code. Wolkoff foresees the establishment of frequent public transportation using an electric bus system.  \nAs far infrastructure is concerned the property falls within the service area of the Southwest Sewer District. Other infrastructure will be built out in phases\, as will the entire building program. This is long term plan with the total build-out expected to take 30 years.
URL:https://limba.net/calendar/david-wolkoff-heartland-development/
LOCATION:NY
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DTSTART;TZID=America/New_York:20130315T000000
DTEND;TZID=America/New_York:20130315T000000
DTSTAMP:20130315T040000Z
CREATED:20130315T040000Z
LAST-MODIFIED:20130315T040000Z
UID:4553-1363305600-1363305600@limba.net
SUMMARY:LIMBA / LICA sold out
DESCRIPTION:  \n No longer available \n  \nLIMBA Participates with \n \nLong Island Contractors Association \nAnnual Legislators Breakfast \nFeaturing casual conversation with invited members of the \nLong Island Congressional and State Legislative Delegations \n \nKeynote Address given by: \n \n  \nHighway Administration \n  \nAdministrator of the FederalAdministrator Victor Mendez of the Federal Highway Administration has agreed to serve as the keynote speaker at LICA’s annual legislative breakfast on Friday\, March 15 \n  \nth\, at the Fox Hollow Inn\, Woodbury.  As in the past\, we welcome the participation of LIMBA’s members and friends
URL:https://limba.net/calendar/limba-lica-sold-out/
LOCATION:NY
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DTSTART;TZID=America/New_York:20130322T000000
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DTSTAMP:20130322T040000Z
CREATED:20130322T040000Z
LAST-MODIFIED:20130322T040000Z
UID:4556-1363910400-1363910400@limba.net
SUMMARY:LIMBA Dr. Matt Cordaro- A Case for Municipal Power
DESCRIPTION:Our speaker today is a man well known to us for his knowledge and involvement with the electric utility business. Dr Matt Cordaro was vice president of LILCO. Subsequently he worked as president of Longlake Electric and then for Nashville Electric Service as president and CEO.  \n  \nNashville is a municipal power company while the others are private entities. Cordaro’s experience in those roles made us here at LIMBA conclude that he was the most credible voice in the discussion of where we should be going with LIPA.  \n  \nCordaro began by pointing out that LIPA had an organizational problem. Moreover it was a structure that was from its inception an experiment. It was a municipal system in name but the whole plant operations were in the hands of a private company. However\, unlike other utilities\, such as Con Edison\, there was no Public Service Commission oversight. \n  \nAs a result of no oversight LIPA racked up a variety of problems. Among the problems were over billing\, high rates and less than stellar hurricane responses. \n  \nThe governor established the Moreland Commission\, which appeared to most of us as a quick way for the governor to sweep away a particularly thorny problem. The result of the Moreland Commissions work looked more like a rubber stamp for a pre-ordained opinion and the alternatives were not fully explored. \n  \nHere are the alternatives that Dr Cordaro presented; \n  \n1)     Remain the same with some modifications on board selection methods\, and PSC oversight \n  \n2)     Privatize and deal with the additional costs of doing business\, corporate profit\, taxes\, and finance. There is also the prospect of greater efficiencies\, but that fruit has already been squeezed dry\, because the only efficiencies that amount to any scale are labor costs. According to Cordaro the utility is understaffed right now\, so he questions where those efficiencies would come from \n  \n3)     Municipal Power was the last choice he mentioned\, but he stated that it must be a true municipal. That would mean the employees would work directly for the utility. The generating equipment could be owned by the municipal company\, but hundreds of municipals across the nation do buy power from private generators. \n  \nThe idea that taxes would go away is probably wrong as many public power companies do pay property taxes\, but they do not pay taxes on profits. There are no profits\, because rates are geared to operating costs with no need to earn a profit. Muni’s’ do not have stockholders so there is no need to pay dividends. Matt pointed out that Nashville Electric generated none of its power\, it merely purchased from the lowest priced provider.  \n  \nOne the points made by the Moreland Commission was that it would be hard to find management and workers. Cordaro wasn’t buying that; he stated that hiring competent people has never been the problem in his own experience\, nor did he ever hear that complaint from other municipal providers. \n  \nAnother point made was that a private company has no access to FEMA funds. On Long Island FEMA is providing 70% of the utility’s restoration needs.  \n  \nThe Q&A was lively and there were a fair number of people in the room that thoroughly understood the issue \n  \nErnie Fazio
URL:https://limba.net/calendar/limba-dr-matt-cordaro-a-case-for-municipal-power/
LOCATION:NY
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