Saturday, October 1, 2016

Empire State Development (ESD) $685 million; 8/11/16

ESD creates a plan (Marcy Nano, Quad-C, Albany Nanotech Complex)
ESD to grant FSMC $535,900,000 to assist in the financing of the project.
Public Hearing was held at Marcy Town Building on August 11, 2016 (9-10 am)

Ref: http://www.empire.state.ny.us/PublicMeetings_Notices/2016/NanoUticaInitiative_amsAG_LEGALNOTICE.pdf

ESD creates a plan (PEMC) to purchase equipment at Quad C
ESD to grant FSMC $100,000,000 to assist in the financing of the project.
Public Hearing was held at Marcy Town Building on August 11, 2016 (10:15-11:15)

Ref: http://www.empire.state.ny.us/PublicMeetings_Notices/2016/NanoUtica_NYPEMC_LEGALNOTICE.pdf

ESD creates a plan to help develop AMS
ESD to grant EDGE Rome $49,100,000 to assist in the financing of the project.
Public Hearing was held at Marcy Town Building on August 11, 2016 (11:30-12:30)

Ref: http://www.empire.state.ny.us/PublicMeetings_Notices/2016/NanoUticaInitiative_MVEDGE_amsAG_LEGALNOTICE.pdf

Total $685 million dollars ($635.9 million to FSMC and 49.1 million to Economic Grant Development Corporation, Rome)

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