Thursday, July 24, 2014 - 4:05:17 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


Lockheed Martin to Develop Storm Damage Location Technology VIEW VIDEO
More jobs could be coming to the Lockheed Martin Owego facility.   Lockheed Martin is hoping to develop a new $300,000 system that could locate damages after major storms. The goal is to... more

The Jets Return to Cortland for Training VIEW VIDEO
The rain was pounding when the Jets arrived in Cortland Wednesday afternoon. But, not even the downpour of rain could keep these Jets fans from greeting their team. "We love the jets here, you... more

City Council Agrees on Binghamton Comprehensive Plan VIEW VIDEO
After two years of planning, the city council comes to an agreement tonight on the Blueprint Binghamton. There were six "eyes" and zero "nays" in votes tonight -- which means the comprehensive... more

TSA Officials Talk Prohibited Items on Airlines VIEW VIDEO
TSA officials were at the Binghamton Airport today to talk about prohibited items that people bring to airport checkpoints. TSA's Lisa Farbstein says that many people may carry these items on... more

Binghamton Fire Department Promotion Ceremony VIEW VIDEO
Five Binghamton firefighters were promoted this afternoon during a ceremony at the Binghamton Fire Department Headquarters.   Mayor Rich David joined Fire Chief Daniel Thomas in hosting the... more

Aaron Powell Murder Trial: Day 7 VIEW VIDEO
Today prosecution wrapped up final witness testimony in the Aaron Powell murder trial. Aaron Powell is accused of killing his estranged wife, Christina Powell, and her friend, Mario Masciarelli, in... more

Residents Spot Military Tank On Front Street VIEW VIDEO
It was an odd sight Wednesday across from a local restaurant...when a large military tank was temporarily roadside. The tank seemed large and out of place across from the Spot Restaurant on Front... 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.

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 .




ADVERTISEMENT

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