Thursday, April 17, 2014 - 8:26:23 PM

Local News

Print Friendly | Bookmark and Share

Town of Union Buyouts, Finish Line in Sight

Residents of the Town of Union waiting for buyouts from the 2011 flood are one step closer to that wait being over.

Town Supervisor Rose Sotak announced Wednesday a $10.1 million buyout agreement offering to cover 20% of the non-local share of the cost of the property.

This means residents will receive 100% of their assessed value. The deal will cover over 100 properties.

"People need to move on with their lives, that are in the buyout program," Sotak said. "My Town of Union do not need to keep driving by and being reminded. We need to move on into the future. We need to get these homes down. We need to start correcting these measures so that we are not flooding, and we have to start rebuilding in these areas to get our tax base back."

The agreement still needs signatures from Sotak and three state officials.

Also new stipulations in the contract need to be addressed such as one that includes proof of low to moderate income.

Sotak put no timetable on when the buyouts could come through, but said  "soon."

VIEW VIDEO

View Related Articles: Broome County, Endicott, Endwell or comment on this one below.

blog comments powered by Disqus


Back Back

Binghamton web design and website hosting by EFX internet  EFX internet


Additional Articles


Owego Mayor Kevin Millar in Court for Pre-Trial Conference VIEW VIDEO
The DWI case against Owego Mayor Kevin Millar has been adjourned until next month. That is the result of a pre-trial conference in Waverly Thursday afternoon. A toxicology report is still not... more

Casino at Tioga Downs would mean Golf Course VIEW VIDEO
If Tioga Downs wins a license from the state to operate as a casino you may want to take your clubs. Wednesday Tioga Downs announced it will enter into a partnership with the Tioga Country Club in... more

Boys and Girls Club Needs Matching Grant VIEW VIDEO
The clock is now ticking for the Boys and Girls Club of Western Broome to get your donations. The club has received a Sports Matter Matching Grant from Dick Sporting Goods for $11,752. But the... more

Binghamton Housing Authority Moves Towards Smoke Free Apartments VIEW VIDEO
A number of public housing complexes in the city of Binghamton are now smoke free. The new policy applies to all residents, visitors, and staff on the property of the Carlisle and Saratoga... more

Real Estate Sentiment Improving VIEW VIDEO
Are you looking to sell your house? Now just might be a good time. According to a new survey from the Siena Research Institute nearly twice as many New Yorkers see improvement in the real estate... more

David Introduces New Binghamton City Judge
There is a new judge in Binghamton city court. Binghamton Mayor Rich David introduced Carol Cocchiola to the community Thursday. Cocchiola was appointed to fill  the seat of Mary Ann Lehmann,... more

Binghamton Man Arrested After Reports of Shots Fired VIEW VIDEO
A man has been arrested following reports of shots fired in Binghamton on Saturday. 31-year-old Clyde Harrison of Binghamton is being accused of shooting another man in the foot with a handgun in... more

Click here for more local news...icon

ADVERTISEMENT

ADVERTISEMENT

 A News Story

If you are looking for a copy of a news story that we recently aired, simply click here to find out how.

FOX 40 Poll


Which Social Media Site Do You Use The Most?
 
Twitter
 
Facebook
 
LinkedIn
 
MySpace
 
Other
 
None
   

Breaking News

Do you have a tip or information about a breaking news story? Contact the FOX 40 News Desk at 607.798.0070 or send us an email .

Share to Facebook Share to Twitter Stumble It More...