February 15, 2013

Water reserve funds may be tapped by Malone


LePine said that when an assortment of businesses were housed there over the years, generating property tax and sales tax and providing people with income and other benefits, officials from entities like the village, town, county, state and federal governments were glad.

But only the village is stepping up with assistance now that the building is a drain and burden on the community.

The building was purchased sight unseen for $1,700 at a Franklin County land auction in 2009, condemned by the village in January 2010 and sold in December of that year for $10 to a European-based company that dissolved in July 2012.

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