News: Projects and Other News

September 25, 2009

Watertown Trust ponders whether it needs railroad spur in industrial park

Watertown economic development officials are unsure whether to pay CSX Corp. a $7,500 fee or let the railroad company close access to a spur in City Center Industrial Park.

IDA to add “claw back” clause to future PILOT agreements

NORWICH – A new policy passed last week by the county agency responsible for encouraging industrial development will add another layer of accountability to companies looking to relocate or establish themselves in the Chenango County area, according to economic development officials.

COMIDA grants aid for Perinton project

Perinton, N.Y. — A new $1.6 million fitness center is planned for Perinton.

Exempt the hospitals

New public authorities law is needed, but avoid an unintended consequence.This page long has supported the goal of reforming the state’s public authorities, and that goal is now within reach. The Legislature has passed a bill that now only needs Gov. David A. Paterson’s signature. If approved, authorities would come under greater public scrutiny and would be more accountable to the public. By and large, it’s a strong and necessary bill.

Elbridge company ready to expand, add jobs

Elbridge, NY — One Central New York business is planning to expand its manufacturing facility and workforce despite the sour national economy.

April 5, 2009

Dutchess exec’s IDA veto upheld

Dutchess County Executive William Steinhaus had the authority to veto the county Legislature’s appointments of four new members to the county Industrial Development Agency, a justice ruled Tuesday.