Final resolution: Troy City Council approves BID funding

Final resolution: Troy City Council approves BID funding

TROY, N.Y. — The Troy City Council unanimously finalized a measure to fund the city’s Downtown Business Improvement District (BID) after months of negotiations, totaling $100,000 after two public hearings were held. In order to release the funds, according to the city’s charter, a local law needed to be put to a vote at a regular meeting, and a public hearing needed to be scheduled. While the most recent public hearings didn’t yield any comment …