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Herkimer IDA says Russell Farm awarded nearly $8 million for power and gas upgrades
Summary
IDA staff reported the agency was preliminarily awarded almost $8 million to upgrade electric and gas service at the Russell Farm site and said a virtual meeting with VAST New York is scheduled for Nov. 7. Empire State Development and state partners have been involved; staff called the award a positive step toward attracting industrial users.
Herkimer County IDA staff told the board the Russell Farm site has been preliminarily awarded nearly $8 million to upgrade electric and gas service.
"We submitted a VAST New York application to the Russell Farm to bring over additional power and gas…and were preliminarily awarded almost $8,000,000 for…
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