Thursday, 24 January 2019 13:53

$12 Million Secured for Moreau Sewer Project

$12 Million Secured for Moreau Sewer Project Image provided. 

MOREAU — On Jan. 10 the town of Moreau found out that it was approved for a $12 million interest-free loan to help finance the sewer project. According to Moreau Supervisor, Todd Kusnierz, a number of large companies have already shown interest in locating to the commercial corridor on County Route 9 in Moreau.

“This was the piece of paper that was the final piece in the financing puzzle that we have been waiting for... Anxiously for,” Kusnierz said.

“We’re absolutely thrilled. This is the largest municipal project in the history of the Town of Moreau. It’s going to create incredible economic development opportunities, job opportunities for our residents and those in surrounding communities and most importantly it’s going to increase our commercial tax base.” There have been two previous attempts to bring a sewer plan forward; however, both were unsuccessful.

The $12 million interest- free loan was approved by the New York State Environmental Facilities Corporation (EFC), and will last up to 30 years. In addition, the sewer line will be financed by $4 million in grants, totaling in $16 million.

According to Kusnierz there will be a fee charged to landowners that will be predicated on assessed value; however, it will only be applied to the property owners that are contained within the legally- created boundaries of the district. It is roughly 94 parcels.

“When I took office it was clear to me that all the developments were to the north of (Northway) Exits 17, 18 and 19 or to the south of us (Exits) 16, 15 and 14 and it was because they had all the components for infrastructure that a commercial district needs,” Kusnierz said.

“We have been always lacking sewer and without sewer, no large company would come in and spend a lot of money that would bring great jobs. So it was clear to us that we had to put forward an affordable plan that the public supported.”

Moreau will soon be taking bids on engineering firms to work on the project. The project will be completed in November of 2021.

Read 77 times
Login to post comments


  •   COURT Shane P. Stephens, 27, of Milton, was sentenced Feb. 11 to 1 year in jail, after pleading to criminal contempt in the first-degree.  Tanner M. Hatch, 36, of Greenfield, was sentenced Feb. 11 to five years of probation, after pleading to aggravated DWI.  Jennifer C. Vandetta, 49, of Gansevoort, was sentenced Feb. 11 to five years of probation, after pleading to felony DWI, in Wilton.  Dominick Monge, 24, of Amsterdam City, NY  was sentenced to 1.5 to 3 years in state prison, after pleading to unlawful surveillance in the second-degree, in Wilton.  Capital Region contractors - Segundo Loja,…

Property Transactions

  • BALLSTON SPA 62 Lancaster Court, $352,000. Traditional Builders LTD sold property to Kathleen Casazza. 171 Kinsley Rd., $267,700. Michael Fox sold property to Stephanie Reisin Dibari. 53 Forestbrook Dr., $346,247. Heritage Builders Group LLC sold property to Anthony Palma and Cara Morbidelli.  29 Sycamore St., $358,000. Yihan Ge sold property to Neil and Suzanna Ritchey. 365 Schauber Rd., $450,000. T and C Property Brothers LLC sold property to Joshua and Heather Heider. 31 Stablegate Dr., $624,232. Barbera Homes Kelley Farms LLC sold property to Michael and Melissa Stehman.  1 Sharon Lane, $245,000. Michael and Nancy Bradshaw sold property to Jason…
  • NYPA
  • Saratoga County Chamber
  • BBB Accredited Business
  • Saratoga Convention & Tourism Bureau
  • Saratoga Springs Downtown Business Association