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The PFKI project cannot award bids yet because it is awaiting EDA authorization and approval of project schedule revisions. The agency was also asked to resubmit its Certificate of Local Share while it works with the City to document required matching funds.
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The project remains in the approval stage, so construction or other bid-related work cannot move forward until the requested authorization and local funding documentation are completed. The FY25 PARIS report is expected to come to the Board for approval in March before the March 31 deadline, and the FY25 audit is also expected to be presented in March. The Board also discussed developing Destination Peekskill as a marketing platform for local businesses and events.
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