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Cohoes Considers 20-Year PILOT Agreement for Erie Boulevard

City of Cohoes
Disclosed value
$1,271,574
From agenda
Document date
Apr 22, 2025
Term
20 years

The 30-second brief

What it covers

City of Cohoes will consider granting a 20-year Payment in Lieu of Tax (PILOT) agreement to Erie Boulevard Hydropower, LP, involving annual payments of $1,271,574 with a 1% yearly increase after the first 10 years.

Who holds it

Erie Boulevard Hydropower holds this pilot agreement contract with City of Cohoes. Its other public contracts on record include work for Clifton-Fine Central School District and Fulton City School District.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Pilot Agreement
Amount
$1,271,574
Document date
April 22, 2025
Term
20 years
Vendor
Erie Boulevard Hydropower
Agency
City of Cohoes
Source document
common_council_meeting_agenda_april_22_2025.pdf (Agenda)

Erie Boulevard Hydropower's other public contracts

Clifton-Fine Central School District, New YorkSchool Board Approves Tax Settlement With Hydropower Firm · Aug 5, 2026UndisclosedFulton City School District, New YorkBoard Approves Tax Certiorari Settlement with Erie Boulevard · Nov 25, 2025$67.1KCity of Cohoes, New YorkErie Boulevard Hydropower, LP Pilot Agreement Approved · Apr 22, 2025UndisclosedCity of Cohoes, New YorkCohoes and Erie Boulevard Hydropower to sign agreement · Apr 22, 2025UndisclosedCohoes Housing Authority, New YorkCohoes approves agreement with Erie Boulevard Hydropower, LP · Apr 22, 2025UndisclosedAll Erie Boulevard Hydropower contractsVendor profile

More City of Cohoes contracts

Pioneer BankCohoes Budgets Pioneer Bank Tax Collection Fees · Oct 13, 2026$4KCusack & CompanyCohoes Budgets $32,500 for Cusack Audit Services · Oct 13, 2026$32.5KCivic PlusCohoes Includes Civic Plus in Technology Budget · Oct 13, 2026UndisclosedKVSCohoes Includes KVS in FY2027 Technology Budget · Oct 13, 2026UndisclosedRETTEWBoard to Discuss Rettew Floating Solar Change Order · Oct 9, 2026UndisclosedAll City of Cohoes activityAgency profile

Questions about this contract

Who was awarded the pilot agreement contract by City of Cohoes?

Erie Boulevard Hydropower was awarded this pilot agreement contract by City of Cohoes, as recorded on April 22, 2025. The contract value is $1,271,574.

How much is the Erie Boulevard Hydropower contract with City of Cohoes worth?

The Erie Boulevard Hydropower contract with City of Cohoes is valued at $1,271,574, covering pilot agreement work.

What type of contract is this?

This is a Pilot Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in common_council_meeting_agenda_april_22_2025.pdf (Agenda), dated April 22, 2025 from City of Cohoes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Erie Boulevard Hydropower hold?

Erie Boulevard Hydropower may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Cohoes currently buying?

Explore City of Cohoes's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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