Tag Archives: Mohawk Valley EDGE

Plan makes SUNYIT nanocenter shovel-ready

The town of Marcy and Mohawk Valley EDGE reached an agreement that will allow for the nanocenter site at SUNYIT shovel-ready.

The Marcy Town Board approved the agreement last week and will now receive a 2-percent host fee in addition to receiving the 9.99 percent of the revenue set aside for taxing jurisdictions.

Town Supervisor Brian N. Scala noted the fee would cover the costs it will incur when companies develop the nanocenter site.