UTICA, NY-- Property owners in the footprint of the proposed downtown hospital will now have a few more weeks to decide whether they will sell their land to the Mohawk Valley Health System.
According to an email from MVHS, the purchase option agreement has been extended to March 15. The previous due date was February 28.
Hospital said they will provide up to $1 million in relocation funding for affected properties to better support businesses looking to relocate in Utica or elsewhere in Oneida County.
The majority of property owners have allowed certified appraisers contracted by MVHS to appraise their properties. However, there were four property owners that did not. The appraisals for those properties were based on exteriors of their buildings.
"If they don't agree by March 15, we will engage with those property owners either directly or through their attorneys and come to some resolution," said Robert Scholefield, hospital executive vice president/chief operating officer.
All 35 property owners have received purchase option agreements.
- MVHS extends deadline for downtown property owners to sell land
- MVHS offers relocation assistance to downtown property owners
- Downtown Utica property owners get offer letters from MVHS
- MVHS Purchase option agreement deadline
- MVHS acquires another property in downtown Utica hospital footprint
- MVHS gathers downtown hospital supporters
- 7 of 35 property owners within downtown hospital footprint are ready to sell
- MVHS unveils downtown Utica hospital exterior design
- Wilcor International sells property to MVHS to make way for new hospital
- MVHS to provide up to $1M to help property owners relocate