[HISTORY: Adopted by the County Legislature
of the County of Ulster by L.L.
No. 2-1998. Amendments noted where applicable.]
A.Â
The former IBM facility in the Town of Ulster (now
Tech City) has a railroad siding which is presently unconnected to
the Conrail line due to the removal of the switch. The Legislature
hereby finds and determines that the reinstallation of the switch
would enhance and improve the local freight transportation system
and thereby encourage additional tenants to locate at Tech City.
B.Â
The County may give money to the Industrial Development
Agency (IDA) so long as the money is used by the IDA for a project
that might be undertaken by the County and a local law is passed authorizing
the gift. Since the IDA is authorized by § 858 of the General
Municipal Law to acquire, construct and improve railroad facilities
and the County has similar authority under § 119-r of the
General Municipal Law, it is found and determined that the giving
of funds to the IDA for the purposes above set forth is proper, and
the purpose of this local law is to provide the necessary authority.
For the purpose of allowing the IDA to acquire,
reconstruct and improve the railroad siding at Tech City, the County
is authorized to give up to $52,500 to the IDA for such purpose, and
the Chairperson is authorized to execute a suitable memorandum with
the IDA confirming such use of the moneys.
It is found and determined based on the review
document filed with the Clerk of the Legislature that the action to
be taken hereunder will not have any significant impact on the environment.
This local law shall take effect immediately.
