HORNELL, NY – Hornell IDA Director Jim Griffin told the board at Thursday’s monthly meeting that despite contrary rumors the Alstom contract is moving along on a fast track and an official announcement will be sooner rather than later. Griffin said that he and Hornell Mayor Shawn Hogan had met with top Alstom officials the previous day and that they were very engaged in their presentation and upbeat about things to come.
The Advanced Training Center for Rail Transit has also been gaining momentum with Susan Payne, Alstom, and the IDA board soon meeting and starting to put together concepts for the project.
Also Griffin said the board was currently working out some “hiccups in paperwork” with UpDykes in securing their loan for their new convenience store currently under construction.
The IDA board had to revisit the sale of the Alstom building in the South Yards to GMI Manufacturing because GMI was making payments on the building at an agreed upon price before the deal was officially closed. Griffin explained, “We have to go back through a whole rigmarole because the state said we had to have a 90 day waiting period because we were selling the building under what the assessed value was.”
And finally Griffin informed the board that Lu Engineering has completed their drilling on the IDA’s Horton street property and the remediation has been completed. At a previous meeting it was announced that a gas station located in that area years ago had leaked fuel into the ground contaminating surrounding soil. “It’s done, capped and hopefully we will not be hearing anything more about it.”