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North Tonawanda schedules July hearing and July 16 vote on two-year cryptocurrency moratorium
Summary
The task force noted a proposed two-year moratorium on cryptocurrency operations intended to reduce greenhouse gas emissions; the minutes list a Council public hearing on July 9 and a Council vote on July 16 following a May 14 workshop.
The task force recorded discussion of a proposed two-year moratorium on cryptocurrency operations in North Tonawanda, framed in the minutes as an effort to reduce greenhouse gas emissions. The minutes list the timeline for review: a Council workshop was held May 14, a public hearing is scheduled July 9, and the Common Council is set to vote on July 16.
The minutes do not record a task force vote on the moratorium; they list it as an agenda item and an upcoming Council process. No technical details or regulatory language for the moratorium are included in the minutes; the task force discussion was recorded as part of agenda item updates.
Next steps in the municipal process are the public hearing on July 9 and the Council vote on July 16. The task force will continue to monitor the Council’s review and any staff recommendations that may accompany the ordinance or temporary moratorium.
