During a recent government meeting, Sean Finnerty, president of New York Bus Sales, presented plans for a new project aimed at enhancing electric bus production in Syracuse. Finnerty emphasized the importance of transitioning to zero-emission buses, aligning with state mandates, and expressed enthusiasm about relocating to a neighborhood he considers his hometown. He highlighted the potential positive impact on the local community, citing ongoing investments in the area, including new housing and recreational facilities.

The meeting also included a public hearing regarding the Valiant project, which received unanimous support from board members after no opposition was voiced. The board reviewed several resolutions related to the project, including a seeker resolution confirming no significant environmental impacts from the renovations, and an inducement resolution that authorizes up to $400,000 in state and local sales tax exemptions.

A pilot resolution was discussed, which will provide a 10-year tax abatement for improvements made to a specific parcel on 4th North Street, while ensuring that the property continues to pay full real property taxes. The project is expected to create 22 new jobs and retain approximately 80 existing positions.

The final resolution approving the Valiant project was passed, marking a significant step forward for economic development in Syracuse. Board members expressed excitement about the project and its potential benefits for the local economy.