Two industrial development
agencies have approved loans totaling
$175,000 to four residents
who plan to open a plant for making
grass or wood pellets to burn
for heat.
Robert and May Miller and
their son, Michael, and daughterin-
law, MaryLou Miller, will open
the Enviro Energy plant on state
Route 7 in Wells Bridge, said
Carolyn Lewis, Otsego county economic
developer. The Otsego Industrial
Development Agency has
approved a loan for the project
of $100,000 for 15 years at a 4 percent
interest rate, she said, and
the project will create five jobs.
Lewis said the loan was the first
time the Otsego IDA has funded
a project also supported by the
Delaware County IDA.
The Millers, who live in Delaware
County, also received a loan
of $75,000 from the Delaware
County Industrial Development
Agency for a term of 10 years at 5
percent interest, said Bill Willis,
county economic development
specialist.
The plant is under construction,
officials said, and both loans
are for equipment and machinery.
The $450,000 project also is supported
with $70,000 in equity from
the owners, plus bank financing,
according to the plan.
Local News -
August 12, 2008
Loans granted for local business
Residents get $175K to open pellet plant
- Local News
-
-
Local economic 'game plan' ready for action
Attracting, developing and promoting business and economic development in Otsego County are moving to the front burner in a ``game plan’’ to apply for state funding, three local officials said this morning.
-
Upper reservoir at Blenheim-Gilboa to reopen for recreational boaters
The New York Power Authority (NYPA) will reopen the upper reservoir at its Blenheim-Gilboa Pumped Storage Power Project to recreational boaters on Monday. The project’s lower reservoir will also open at that time but with certain restrictions.
-
Drug "kingpin" arrested in Otsego County
The arrest of a major drug kingpin in Otsego County was announced today by Sheriff Richard J. Devlin Jr. and District Attorney John M. Muehl. Following a year-long investigation by a number of law enforcement agencies, Dante Darren Major, 35, of Hobart, was arrested for a number of drug felonies, Otsego deputies said.
- Motorist rolls truck, charged with drunken driving A motorist who continued driving after his truck rolled 360 degrees in Summit early Monday was charged with drunken driving, state police at Cobleskill said.
- Motorist rolls truck, charged with drunken driving A motorist who continued driving after his truck rolled 360 degrees in Summit early Monday was charged with drunken driving, state police at Cobleskill said.
- Mary Lorraine Hawkins RICHFIELD SPRINGS _ Mary Lorraine Hawkins, 85, went to be with the Lord on Monday, May 10, 2010, she was at Bassett Hospital in Cooperstown.
- Area briefs: Video on natural gas drilling to be presented COPES CORNERS _ The Concerned Citizens of the Butternut Valley will sponsor a video presentation about natural gas drilling at 7 p.m. today at Gilbertsville-Mount Upton Central School at 693 State Highway 51.
- Area briefs: Video on natural gas drilling to be presented COPES CORNERS _ The Concerned Citizens of the Butternut Valley will sponsor a video presentation about natural gas drilling at 7 p.m. today at Gilbertsville-Mount Upton Central School at 693 State Highway 51.
- Evelyn E. Kinney MORRIS _ Evelyn E. Kinney, 81, of Morris, passed away Jan. 17, 2010.
- Frost may have damaged plantings Traces of a visit by Jack Frost overnight might leave severe damage to plant life in Otsego, Delaware and Chenango counties, weather officials said Monday.
- Daisy Wagner Schultz WALTON _ Daisy Meda Wagner Schultz, 65, of Walton, passed away unexpectedly Sunday evening, May 9, 2010, at home.
- Frost may have damaged plantings Traces of a visit by Jack Frost overnight might leave severe damage to plant life in Otsego, Delaware and Chenango counties, weather officials said Monday.
- Edward Luke Ryder MOUNT VISION _ Edward Luke Ryder, 71, passed away Monday, May 10, 2010, at his home.
- Police probe apparent murder-suicide WALTON _ An apparent murder-suicide shooting is being investigated by the Walton Police Department, the state police and the Delaware County Sheriff's Department, Walton Police Officer Brian Laauser said Monday. The shootings occurred at 32 Union Street at about 10 p.m. Sunday, police said.
- Police probe apparent murder-suicide WALTON _ An apparent murder-suicide shooting is being investigated by the Walton Police Department, the state police and the Delaware County Sheriff's Department, Walton Police Officer Brian Laauser said Monday. The shootings occurred at 32 Union Street at about 10 p.m. Sunday, police said.
-
3 area lawyers say Kagan likely to be confirmed
Elena Kagan is likely to be confirmed as United States Supreme Court justice and seems qualified for the post, according to three area lawyers.
Kagan, the nations solicitor general and a former dean of Harvard Law School, is President Barack Obamas choice to succeed retiring Justice John Paul Stevens. - Alyce H. Roberts ONEONTA _ Alyce H. Roberts, 89, of Oneonta, passed away Sunday, May 9, 2010, at home.
-
3 area lawyers say Kagan likely to be confirmed
Elena Kagan is likely to be confirmed as United States Supreme Court justice and seems qualified for the post, according to three area lawyers.
Kagan, the nations solicitor general and a former dean of Harvard Law School, is President Barack Obamas choice to succeed retiring Justice John Paul Stevens. -
Outdoor biking program starts in city
ONEONTA _ An outdoor biking program Tuesday nights has begun in Oneonta.
The group meets at the Brenner Recreational Center near Hodges Pond in Neahwa Park at 5 p.m. -
Outdoor biking program starts in city
ONEONTA _ An outdoor biking program Tuesday nights has begun in Oneonta.
The group meets at the Brenner Recreational Center near Hodges Pond in Neahwa Park at 5 p.m.
-
Local economic 'game plan' ready for action
