Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

Syracuse University to pay City of Syracuse $7 million over five years in new service agreement

Syracuse Mayor Stephanie Miner on Thursday stood at the podium at Syracuse City Hall announcing a new service agreement between the city and Syracuse University (SU). Kent Syverud, SU chancellor, (left) also commented on the new service agreement in which the school will provide the city $7 million over the next five fiscal years. (Eric Reinhardt / BJNN)

SYRACUSE, N.Y. — The City of Syracuse and Syracuse University (SU) have announced a new service agreement in which SU will provide the city $7 million over five years.

Syracuse Mayor Stephanie Miner and SU Chancellor Kent Syverud announced the agreement during a Thursday press conference at Syracuse City Hall.

The new agreement represents SU’s third such deal in the last two decades and the second that the Miner administration negotiated, according to a news release that Miner’s office issued at the event.

(Sponsored)

The agreement will provide funding for the city’s general services and community organizations serving the neighborhoods immediately surrounding the SU campus, Miner’s office said.

In year one, Syracuse University will provide the city with $800,000, representing a 60 percent increase over what it paid in the 2011 service agreement.

The figure will increase $50,000 annually during the five-year agreement, culminating in a $1 million payment in its fifth year.

The city provides all services to the nonprofit, tax-exempt SU, including fire and police protection, snow removal, and water and sewer maintenance.

Additionally, the agreement will provide $500,000 in funding for community organizations under the guidance of the University Neighborhood Services Agreement Advisory Committee (UNSAAC).

The figure represents an increase of 20 percent, Miner’s office said.

In addition to the university area special neighborhood district, the agreement expands funding distribution to include the Outer Comstock Association’s boundaries, along with an area of the Southside neighborhood on the west side of Interstate 81 across from the school.

Representatives from these areas will join the UNSAAC advisory committee. The city will oversee the distribution of these funds.

SU will also provide additional support services to the City of Syracuse, including routine maintenance and improvements of Walnut Park.

The school’s Department of Public Safety will also patrol the park.

As part of this service agreement, the city and university agree to have an ongoing conversation about other university-area parks, which could benefit from university-provided maintenance.

Contact Reinhardt at ereinhardt@cnybj.com

Post
Share
Tweet
Print
Email

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.