20140510 adirondackjournal

Page 1

May 10, 2014

A Denton Publication

FREE•Take one

NO SWIPING

Westmount sale terms blasted

This Week STONY CREEK

New ideas discussed

By Thom Randall thom@denpubs.com

GLENS FALLS Ñ Past and present area political leaders were criticized for their handling of the cogeneration operation at Westmount nursing home Ñ and the facilityÕ s pending sale Ñ at a public meeting held May 1 by three Warren County supervisors who have opposed the sale procedure and its proposed terms. Several new ideas on the sale of Westmount, however were heard among the many criticisms aired at the meeting, held in Crandall Library by Mark Westcott and Doug Beaty of Queensbury and Peter McDevitt of Glens Falls. For months, Westcott and Beaty have been critical of the pending proposal of the Warren County Board of Supervisors to sell the home and its cogeneration operation to Specialty Care Group of Manhattan. Beaty and Westcott have denounced the bid and negotiation processes, as well as the price of Specialty CareÕ s pending offer. TheyÕ ve also opposed selling the money-losing cogeneration operation along with the nursing home, citing that doing so may be depressing the sale price. CONTINUED ON PAGE 11

First responders honored PAGE 2 WARRENSBURG

Girl Scouts give service PAGE 7 BOLTON

Palazzo earns statewide award

Tom Clark of Lake George applies the tag to North Warren’s Jared Howe during Adirondack League play earlier this season. Photo by Nancy Frasier

Index EDITORIAL

4

LETTERS

5

CALENDAR

6

BUSINESS GUIDE

11

BRIEFS

12

CLASSIFIEDS

13

PAGE 8

Railway sale comes as a shock to county officials By Mauranda Stahl-Sorensen mauranda@denpubs.com

NORTH CREEK — Iowa Pacific Rail, the parent company to the Saratoga & North Creek Railway, has agreed to sell an 80 percent interest to Chai Trust Co. LLC and EGI Fund Investors. Details of the sale have not been released by either

party, under protective order. It was mentioned in the filing that the senior management of Iowa Pacific are set to maintain the remaining 20 percent interest. Local county officials cited that communication and transparency with the railway is lacking. “Our office is looking into it,” said Kevin Geraghty, Warrensburg Supervisor and Chairman of the Warren

County Board of Supervisors. Ò Ed Ellis and crew are still maintaining (the line), and hopefully this adds an influx in capital.” SNCRR has struggled financially in the past with local debt and payments to Warren County, who are proprietors of the rail lines. CONTINUED ON PAGE 2

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