Yates waiting for word on Empire Zone

May 26, 2010 at 01:51 pm by Observer-Review


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Yates waiting for word on Empire Zone

PENN YAN—Members of the Finger Lakes Economic Development Center (FLEDC) board are continuing to wait for information on the Empire Zone program, which is scheduled to end June 30. Yates was one of the last counties in the state approved for Empire Zones and a limited number of applications have been approved for inclusion to date.
Zone Coordinator Ryan Hallings said he has not received any information other than a fact sheet and nothing is in place for a replacement program. Hallings said he has spoken to three or four companies that would like to be certified for the zone before the program ends.
Hallings spoke about the Micro enterprise loan program in Dundee, Starkey and Barrington that is part of the Health Improvement Project. He said $15,000 is available with loans ranging from $2,000 to $3,000 for very small businesses. Other activity connected with the project includes the Everything Dundee store which has two owners who have created a business plan that is ready to be submitted to the sponsoring foundation.
In other business, FLEDC Executive Director Steve Griffin said NYSEG has been contacted regarding the future of the old NYSEG building on Water Street that is between buildings that are being renovated as part of the Restore New York program.
Griffin said paving bids were sent out for paving the new parking lot in the North Avenue Industrial Park in Penn Yan. The low bid from A. L. Blades was $152,992 and included everything except trees that will be planted to screen the parking lot from homes on North Avenue. The new parking lot contains 180 parking spaces. The need for additional parking was created after The Connection call center was established at the site.
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