Legislation Details

File #: TMP-7401    Version: 1 Name:
Type: RLA Status: Agenda Ready
File created: 4/27/2026 In control: Audit and Finance Committee
On agenda: Final action:
Title: Request to enter contract with the Advance Albany County Alliance regarding the former McDonald's building at 106 S. Pearl St.
Attachments: 1. Cover Letter, 2. RLA Form 7401
Date Ver.Action ByActionResultAction DetailsMeeting Details
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REQUEST FOR LEGISLATIVE ACTION
Description (e.g., Contract Authorization for Information Services):
title
Request to enter contract with the Advance Albany County Alliance regarding the former McDonald's building at 106 S. Pearl St.
body


Date: April 27, 2026
Department: Management and Budget
Attending Meeting: Dave Reilly, Ann Marie Salmon
Submitted By: Martin Dolan
Title: Grants Specialist
Phone: 518-447-3019


Purpose of Request: Contract Authorization Enter text.

CONTRACT TERMS/CONDITIONS:
Party Names and Addresses:
Advance Albany County Alliance; 111 Washington Ave., Suite 100, Albany NY 12210

Term: (Start/end date or duration) May 1, 2026 - December 31, 2027
Amount/Raise Schedule/Fee: Not to exceed $1,500,000

BUDGET INFORMATION:
Is there a Fiscal Impact: Yes ? No ?
Anticipated in Budget: Yes ? No ?
Spreadsheet attached: Yes ? No ?

Source of Funding - (Percentages)
Federal: Enter text. County: 100%
State: Enter text. Local: Enter text.

County Budget Accounts:
Revenue Account and Line: Enter text.
Revenue Amount: Enter text.
Appropriation Account and Line: A9 1432-44094-10000
Appropriation Amount: Not to exceed $1,500,000

ADDITIONAL INFORMATION:
Mandated Program/Service: Yes ? No ?
If Mandated, Cite Authority: Enter text.
Request for Bids / Proposals:
Competitive Bidding Exempt: Yes ? No ?
# of Response(s): Enter text.
# of MWBE: Enter text.
# of Veteran Business: Enter text.
Bond Resolution No.: Enter text.
Apprenticeship Program Yes ? No ?

Previous requests for Identical or Similar Action:
Resolution/Law Number and Date: n/a

DESCRIPTION OF REQUEST: (state briefly why legislative action is requested)
The Department of Management and Budget requests to enter contract with the Advance Albany County Alliance regarding the ongoing development of the former McDonald's building at 106 S. Pearl Street.

The former McDonald's site will be transformed into a modern, centra...

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