RIOC CFO Steve Chironis Asks Roosevelt Island Residents For Infrastructure Improvement Ideas During RIRA Meeting - Any Suggestions?
Roosevelt Island Operating Corp (RIOC) Chief Financial Officer Steve Chironis spoke during the Public Session of the Roosevelt Island Residents Association (RIRA) September Meeting. Mr. Chironis reported:
- RIOC is projecting a $2.5 million operating surplus for the current year that will be transferred to the Capital Budget.
- RIOC Budgetary process timing was moved up this year and requires presentation to Board in October and RIOC Board approval by December.
- RIOC President Leslie Torres first decision as RIOC President was for RIOC to fund RIRA elections
- Ms. Torres will be meeting with the NYC Health & Hospitals Corp concerning any future development plans for Coler-Goldwater campus within next month or two.
- Hudson/Related Riverwalk developers have until end of 2012 to exercise their option to start construction on Southtown buildings 7-9.
- $15 million in 2011-12 Roosevelt Island Capital Improvements include fixing 16,000 linear feet of seawall railings - a common design for the railings which will last for 25 to 30 years will be sought in a Request For Proposals.
Mr. Chironis made an excellent presentation informing the RIRA Common Council of these issues. The recent collaboration between RIOC and RIRA has been a welcome development which greatly enhances the quality of life for Roosevelt Island residents. I hope it continues.