GE Settlement Will Get County Water Out of Debt – by H. Wessell

BALLSTON SPA, May 11 – Following an Executive Session for the purpose of discussing litigation, the Saratoga County  Board of Supervisors Law and Finance committee recommended authorizing a settlement in 2011 litigation, just reached,  against the General Electric Company for damages associated with the dredging of PCBs from the Hudson River.

Article in the 05-19 edition.

Village and Town Settle GE $ – by H. Wessell

Stillwaters, June 18
After several months of negotiation, the Town and Village of Stillwater have arrived at an acceptable proposal for the division and distribution of the net proceeds of the GE litigation settlement which the Village won earlier this year.
The Village and Town Boards, in identical resolutions at their monthly meetings of June 16 and 18 respectively, have agreed $86,000 is to be paid to the Town; and the balance of $4,368,469, to the Village.

Read the entire article in the Sept. 25th issue of the Express.

Town & Village Still at Odds Over GE $ – by H. Wessell

STILLWATER AUGUST 21- In public comment, Village of Stillwater Trustee and Deputy Mayor John Basile, who is a negotiator along with Deputy Town Supervisor John Murray in discussions of the recent GE settlement, mentioned that the first payment by Village on the US Department of Agriculture issued loan of $85,000 is coming due. Without agreement on how to distribute the funds between the Town and the Village, he said water bills will cost EDU water rent for each of the users in the Village, which amounts to $110, paid twice yearly.

Read the entire article in the Sept. 11th issue of the Express.

 

Village & Town Still in GE $ Dispute – by H. Wessell

STILLWATER JULY 17- A resolution passed Thursday night by the Stilllwater Town Board authorizes Supervisor Edward Kinowski to negotiate and sign an agreement regarding Water Rates with the Village of Stillwater for Water Districts 1 and 5.

Referring to a resident's question about Mayor Ernest Martin's letter on matters related to the GE lawsuit settlement in the July 17 Express, said Kinowski: "I'm not going to debate Mayor Martin's inputs to the press ñ or how the press chooses to write it. I didn't know if it was done as a personal letter to them and they printed it verbatim, or what. "

Read the entire article in the July 24th issue.

GE Settles: Town & Village Must Reach Agreement – By T. Mahoney

STILLWATER JULY 3- The Albany times Union published that GE will pay $7.95 million to settle a suit filed by the towns and villages of Stillwater, Waterford, and the Water Commissioners of Waterford. The suit was filed in 2009when these municipalities had to move or shut down their water supplies when GE began dredging PCBs from the Hudson River that year.

Read the entire article in the July 10th issue of the Express.

GE Agrees to Settle with Stillwater – Mayor Martin

GE Agrees to Settle with Stillwater
GE’s press statement was that: “Over the past two weeks GE, The Town of Waterford and the Village of Stillwater have reached an agreement in principle to resolve their disputes to the satisfaction of all parties. The necessary agreements are being finalized.”

As your mayor, I am proud to announce that the lawsuit brought against General Electric by the Village of Stillwater has been settled. The Village will receive compensation for damages received by General Electric to the Village’s water system.
This has been a long battle for the Village and myself since 1998. I want to thank the Village’s law firm Dreyer Boyajian LLP, and Mr. James Peluso, the Village’s Attorney. I also want to thank the Village Board of Trustees for sticking with me during all these years.
Last, but most of all, the Village taxpayers, for having the trust in me, to bring this case to an end. Thank and God Bless the Village of Stillwater.
Sincerely,
Ernest W. Martin
Mayor / Village of Stillwater