[CPEO-BIF] Victor, New York "Value Protection Plan"

[Lenny Siegel <lsiegel@cpeo.org>]

State: Toxic groundwater 'plume' no longer threatens Victor area residents

Steve Orr
Rochester Democrat and Chronicle (NY)
December 14, 2008


An in-depth New York state investigation of toxic chemicals in 
groundwater in western Victor has concluded the original contamination 
was smaller in scale than once thought, and no longer poses a direct 
threat to people in the area.

...

Another ongoing project is an unusual town-orchestrated plan to protect 
the value of the 59 homes that lie above the plume. Michael Annechino, 
who chairs a citizen's advisory committee that crafted the plan, said 
Friday that an $850,000 contribution over 20 years to the 
value-stabilization fund by the Syracusa mining operation is contingent 
on the DEC agreeing not to press Syracusa to pay for study and cleanup 
of the site. The DEC has spent roughly $600,000 on Victor-plume work so far.

...

The fund would be used to compensate owners of property impacted by the 
contamination who cannot sell their homes for fair-market value. Many 
residents had complained that publicity about the contamination 
depressed the housing market in that part of Victor. Sellers would be 
made whole in exchange for signing waivers promising not to sue Syracusa 
or the town.

...

For the entire article, see
http://www.democratandchronicle.com/article/20081214/NEWS01/812140338/1002/NEWS

--


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
<lsiegel@cpeo.org>
http://www.cpeo.org



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