By Lauren Zeugner
InkFreeNews
SYRACUSE — The Syracuse Redevelopment Commission approved the sale of Lot 7 in the Syracuse Technology Park during its regular meeting Tuesday night, May 21.
Titan Concrete, a family owned business wants to build on the property, while aware of the issues; Lot 7 has a number of utilities running underneath it, including a pipeline owned by a Canadian company.
Because of the utilities running through the lot, the weight of any building could be of concern.
Town Manager David Wilkinson told the RDC he finally reached someone at the Canadian pipeline company. The company has strict requirements regarding building over its pipeline but it can be done.
Wilkinson said one of those requirements is Titan will have to provide the weight of every vehicle that could potentially go over the pipeline.
The property has been listed at $22,000 which Titan is willing to pay putting $4,000 in earnest money down.
The RDC also approved two resolutions capturing all the tax increment revenues from the following Tax Increment Finance Districts: Oakwood, Syracuse, Syracuse-Polywood South Benton and Allen Residential Economic Development Areas.
