MVHS Purchase option agreement deadline

Today marks the latest deadline for property owners in the downtown hospital footprint to respond to their purchase option agreements.

Posted: Thu Mar 15 14:56:49 PDT 2018
Updated: Thu Mar 15 14:56:49 PDT 2018

Speech to Text for MVHS Purchase option agreement deadline

Below is the closed-captioning text associated with this video. Since this uses automated speech to text spelling and grammar may not be accurate.

tupaj brings us the latest in the downtown hospital development. today marks the latest deadline for property owners in the downtown hospital footprint to respond to their purchase option agreements. the hospital extended the option agreements fromfebruary . the last we knew there were only 2 business that signed offers with mvhs. no new numbers have been providfrom the businesses like the compassion coalition, and u.a.p. engine rebuilders are in negotiations, while others are still waiting for an invitation to the negotiation table, d tn there's business owners like joe cerini of citation services, who have received an offer, but have no plans of accepting one. sot: joe cerini, owner citation services it's not a price thing. i mean i did throw out i wouldn't sell for a iion and a half. right now i really don't plan on selling. if i do leave i'm gog toave to re-strture the whole business. businesses have been offered relocation funding to help with potential moves, but the several businesses i spoke with today say the money being offered pales in coarin with potential moves, but the several businesses i spoke with today say the monebeing offeredn to the amount needed to move their company. another factor many businesses are expressing: the loss in time, wages, finding a new place to do business, rent or a mortgage, and somef t older businesses are up against time. sot: joe cerini, owner citation services i don't have the energy to be moving you know boxes and boxes and oranizing a you knownot likewas younger, so i'm not goio ever get that back.we did reach out hospital for to see what happens om this pointget that b. we did reach out to the hospital for to see whathpens f forward and received no response. hospital officials did say they would ailable for comnt next week. while the hospital waits to hear from business owners about the purchasoptionagreemen owners are preparing for a fight. sot: joe cerini, owner citation services i'm going to be here until we have to take legal tion,nd just and myground. that being said, the hospital is continuing to move forward with plans to have the complex completed by the summer of 2022. in utica, i'm kirk tupaj reporting for newschannel 2. otsego county sheriff's deputies
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