Sherburne receives $100,000 for business park
SHERBURNE – The Village of Sherburne’s plans to construct a new business park took a big step forward Wednesday when Senator James L. Seward, R-Oneonta, announced $100,000 in capital funding for the project.
The village has been moving forward with plans to construct a business park on a 68-acre parcel of land located on Classic Street in Sherburne. Mayor William Acee said the site will provide a new location for the village electric department and department of public works. In addition, there will be plenty of space for new businesses.
Seward held a brief press conference in front of Sherburne’s Village Hall Wednesday to announce the funding. During his speech, he mentioned the problems currently facing the financial services industry and what it might mean for the state.
“The issues with the financial services industry does have an impact, in a negative way, on New York State,” Seward said. “The state derives 20 percent of its revenue from lower Manhattan and the financial district.”
The senator explained that the economic issues may mean more money will have to be trimmed from the state budget this year and next year.
“In these tough times, it’s important to keep an eye on local economic development and community development. To look at smart targeted investments that will help move the local economy and community forward, that’s what this is all about.”
The $100,000 will be used to develop the business park site. According to a press release issued by Seward’s office, the village predicts the creation of 30 new jobs over the next two years at the business park.
“Senator Seward has always been a friend of Sherburne,” said Acee. “I’m happy and grateful that he was able to supply the funds to help get this project started.”
Seward presented Acee with a check for $100,000.
Following the press conference, Acee took Seward to Classic Street to view the site. “We’ve had several people interested. We hope by April we will have a business up and running,” the mayor said. He explained the sites in Sherburne are desirable for businesses because of the low municipal electric rates. “We’re in the top one percent for the lowest electric rates in the whole country.”
The Classic Street site represents what Acee said could be the last developable land in the Village of Sherburne. He expects an announcement on tenants for the location to be coming in the near future.
The village has been moving forward with plans to construct a business park on a 68-acre parcel of land located on Classic Street in Sherburne. Mayor William Acee said the site will provide a new location for the village electric department and department of public works. In addition, there will be plenty of space for new businesses.
Seward held a brief press conference in front of Sherburne’s Village Hall Wednesday to announce the funding. During his speech, he mentioned the problems currently facing the financial services industry and what it might mean for the state.
“The issues with the financial services industry does have an impact, in a negative way, on New York State,” Seward said. “The state derives 20 percent of its revenue from lower Manhattan and the financial district.”
The senator explained that the economic issues may mean more money will have to be trimmed from the state budget this year and next year.
“In these tough times, it’s important to keep an eye on local economic development and community development. To look at smart targeted investments that will help move the local economy and community forward, that’s what this is all about.”
The $100,000 will be used to develop the business park site. According to a press release issued by Seward’s office, the village predicts the creation of 30 new jobs over the next two years at the business park.
“Senator Seward has always been a friend of Sherburne,” said Acee. “I’m happy and grateful that he was able to supply the funds to help get this project started.”
Seward presented Acee with a check for $100,000.
Following the press conference, Acee took Seward to Classic Street to view the site. “We’ve had several people interested. We hope by April we will have a business up and running,” the mayor said. He explained the sites in Sherburne are desirable for businesses because of the low municipal electric rates. “We’re in the top one percent for the lowest electric rates in the whole country.”
The Classic Street site represents what Acee said could be the last developable land in the Village of Sherburne. He expects an announcement on tenants for the location to be coming in the near future.
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