|From:||Lenny Siegel <email@example.com>|
|Date:||Fri, 12 Dec 2008 01:13:31 -0800 (PST)|
|Subject:||[CPEO-BIF] Niagara County (NY) Union Carbide plant|
Brownfield loan plan aids recycler By Thomas J. Prohaska BUFFALO NEWS (NY) December 11, 2008WHEATFIELD - Niagara County kicked off its loan program for brownfield cleanups Wednesday by lending $250,000 to bolster a Niagara Falls company's struggle to move a tire recycling business into the former Union Carbide plant.
Sam Santarosa, president of Santarosa Holdings, said he's had to scale back his planned $9 million project because he's finding it hard to obtain bank loans. "We're looking for every little bit of help we can get," he said.
The estimated cost of cleaning up the College Avenue factory, vacant since 1986, has doubled from $750,000 to $1.5 million, Santarosa told the inaugural meeting of the Niagara County Brownfield Development Corp., which approved the loan.
... For the entire article, see http://www.buffalonews.com/cityregion/niagaracounty/story/519964.html -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <firstname.lastname@example.org> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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