Sign at corner of Rt.299 and North Putt Corners Road, New Paltz
Ulster County IDA Floats $125 Million Dollars For WOODLAND PONDS PROJECT;
Out of state workers flood into our area to take jobs created with NY taxpayers money.
All While Ulster County Workers Face Their Highest Unemployment Numbers in Decades!
The Ulster County Industrial Development Agency has failed us all once again!
New Paltz, NY - The Ulster County Industrial Development Agency (IDA) has helped finance the project known as “Woodland Ponds” on North Putt Corners Road with $125,000,000 in tax exempt bonds. Our Ulster County IDA Board is supposed to create jobs for the local residents in return for providing millions in public funding to corporations.
What was once a great idea has turned into a form of corporate welfare at the expense of the local residents. Our Ulster IDA did NOT ask or God forbid - DEMAND - something concrete in return for the financial investment – no promise of jobs, no promise of local employment, nothing.
We will just trust you and please………..just take our money.
The project hired a Construction Manager called Tri-Tec from Long Island to dole out the contracts. The number out of state workers onsite is staggering. New Hampshire, Florida, North Carolina, Connecticut, Rhode Island, Pennsylvania, New Jersey are all benefiting from our investment of NYS tax money. They must be very grateful to us NYS taxpayers for financing their employment while we have our own NY / Ulster residents on unemployment.
An IDA was created in each county in NYS and they exist to promote the economic well being of the "residents". However, it's becoming clear that our Ulster IDA Board doesn't think that means the "residents of Ulster".
Their track record for "job creation" compares very closely to that of the Jamaican Bobsled team. Stay tuned.