Tonawanda News

The Town

July 22, 2013

Auditors deliver town a cautionary report

(Continued)

Tonawanda News —

Malecki also said that the town's fund balances are much healthier than where they were five years ago, when his firm advised the board to increase the town's savings, which were dipping very low at the time. 

Caruana also pointed to the town's development of the North Youngmann Commerce Center, which, after it is complete, could attract businesses that would increase the town's tax base. 

At the board's regular meeting Monday night, the body approved a resolution accepting bids from Milherst Construction Inc. for infrastructure work at the future business park site. 

All of the work at the site will cost $2.8 million. The town will be reimbursed for most of the cost through two grants totaling $2.6 million. 

The construction will include adding a road, bridge and water lines to the 92-acre site, which sits just north of the Youngmann near East Park Drive and Two Mile Creek.

The new road, which will include a roundabout, will lead to the first town-owned vehicular bridge. The bridge will then connect to Two Mile Creek at a new intersection.

Construction is set to be complete by the end of the summer. While the work is taking place, officials will apply for shovel-ready certification from the state — which will inform interested companies that the property is finished.

Contact reporter Jessica Bagley at 693-1000 ext. 4150, or follow her on Twitter at @JessicaLBagley

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