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Profits? What Profits? – Texas Monthly

Reading Big Oil’s annual reports for the truth about profits is a little like drilling for oil in the Baltimore Canyon: you know it’s there, but how deep will you have to go to find it? ....

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Plattsburgh mayor presents proposed 2022 budget to city council

Plattsburgh mayor presents proposed 2022 budget to city council
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Plattsburgh Leaders Discuss New Compact Between City And Town

10:41
Under the city of Plattsburgh’s last mayor, Democrat Colin Read, who left office on December 31st, 2020, several actions were taken in an attempt to obtain land or money from the adjacent town of Plattsburgh. Town officials contested an annexation attempt and lawsuits over a long-term Payment in Lieu of Taxes agreement. Three and a half months after the new mayor was sworn in he and the town supervisor have signed what they are calling the Plattsburgh Compact. It not only drops the lawsuits but swaps rather than annexes land between the municipalities. In the first part of an interview with WAMC’s North Country Bureau Chief Pat Bradley, Mayor Chris Rosenquest and Supervisor Michael Cashman, both Democrats, explain the negotiations that led to the joint agreement. ....

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Town, City Of Plattsburgh Reach Settlement

Pat Bradley/WAMC
The city and town of Plattsburgh have reached a truce. First-term Democratic city Mayor Chris Rosenquest and Democratic Town Supervisor Michael Cashman announced what they’re calling a Global Community Compact Monday.
The deal is expected to conclude lawsuits between the town including a dispute over a 1992 Payment In Lieu Of Taxes, or PILOT, agreement between the city and town over the Falcon Seaboard parcel. The city of Plattsburgh sued the town in 2018, claiming breach of contract. The town countersued two months later.
“Awaiting official passage by our boards, this global settlement not only resolves a number of the past issues that we’ve faced, but it will also set our municipalities up for future partnerships that will change the face of our region and change the face of upstate New York,” said Mayor Rosenquest. ....

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