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Under a Monumental Agreement, Cornell Pledges $425,000 Annual Contribution to Town of Ithaca
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Cornell began its monumental $425,000 annual contribution to the town, which will continue for the next 10 years.
The Cornell Daily Sun (https://cornellsun.com/tag/mou/)
Cornell began its monumental $425,000 annual contribution to the town, which will continue for the next 10 years.
Individuals should not try to coerce a diversion of Cornell funds from Cornell’s educational purposes.
As long as Cornell continues to exempt itself from its social responsibilities, to believe that unlike other major employers and property owners it can set for itself the terms upon which this responsibility is met, Cornell directly contributes to inequality in Ithaca and beyond.
Ahead of Ithaca’s upcoming legislative elections on Tuesday, Nov. 7, The Sun spoke to residents from all five of the City’s Wards to hear which issues will guide their votes.
Kayla Matos (D-First Ward) currently serves as the deputy director for Southside Community Center and is running for the First Ward’s four-year seat on the Common Council.
Cornell and Tompkins County Area Transit reached a new four-year agreement over Cornell’s annual contribution to the transit agency.
The University approved the revised version of the MOU passed by the Common Council, increasing voluntary annual contributions to $4 million for a 15-year span.
What a successful movement could mean for cities across the country.
Cornell and groups within Ithaca have been aiming to find a resolution for the ongoing issue regarding increasing funds from the University to the City.
Mayor Laura Lewis (D) presented her 2024 budget plan, which will require Cornell’s $4 million PILOT contributions to meet all of Ithaca’s stated policy goals.