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j-power buys shoreham plant

J-Power a subsiduary of Tokyo based Electric Power Development Comppany acquired two 79.9 Megawatt plants in Brentwood and Shoreham from PPL. The purchase price was $125million. The output of both plants are fully contracted to the Long Island Power Authority.

snow stalls community planning forum

The 25A Corridor Study's second community planning forum has been postponed because of the snow storm. The second forum was scheduled for the Miller Place hamlet and was supposed to take place on 2/27. The forum will be rescheduled. The third forum for Rocky Point will take place in March and the last forum will be for the Shoreham Wading River hamlets in April.

riverhead's bleak financial outlook

On 2/25 Riverhead's chief financial analyst Bill Rothaar will present a detailed budget analysis of the town's financial state. It is expected that Rothaar will convey some dismal financial projections. Supervisor Sean Walter had spoken in January about what he called a systemic budget deficit of at least $3.5 million. It is now thought the deficit might run as high as $6 million. If this in fact the case Walter's has indicated that the town will have to everything possible to reduce expenditures.

calverton rail spur advances

The Town of Riverhead has awarded a $3.5 million contract to a New Jersey company for a rail spur project at EPCAL in Calverton. The project will restore a short rail line connecting the former the Eneterprise Park at Calverton with the LI Railroad mainline. The funds for the project were provided by the American Recovery and Investment Act. It is hoped that EPCAL will become an intermodal freight terminal for Eastern Long Island.

3,000 acres of contiguous parkland!

A press conference will be held on 2/16 to announce the acquisition of the 60-acre Spring Meadow parcel in Wading River. The property which had been approved for a 51 home subdivision will be purchased by Suffolk County and Brookhaven Town. The effort to acquire the Spring Meadow parcel goes back to 1998. The county will pay 75% of the cost and Brookhaven will pay 25%. The final purchase price is $6.8 million. The 60-acre Spring Meadow property will be the "last piece of the puzzle" and will link the holdings of state, county and town parkland. The holdings which comprise Brookhaven State Park will now include 3000 contiguous acres.

downtown riverhead redevelopment meeting

On 2/5 150 business owners, developers and landowners came together to discuss the revitalization of downtown Riverhead. Supervisor Sean Walter pledged to create a new one stop- economic development office to expedite the rebirth of the downtown. Walter hopes to have this office up and running within 180 days.

abco opposes waiver of residency requirements

Brookhaven Town is seeking to pass a Code change to allow both the Commissioner and Deputy Finance Commissioner to reside outside Brookhaven. The Affiliated Brookhaven Civic Organizations opposes this change. ABCO feels that town should hire residents first and only grant waivers when qualified applicants cannot be found in Brookhaven.

brookhaven must save $19m !

Brookhaven must save $19Million this year or risk going broke in 2012. Supervisor Mark Lesko in his State of the Town Address stated" If the economy doesn't improve and revenues don't pick up...we may not have enough money to operate the general fund in 2012," Lesko said. "So we have to act now." He highlighted a number of initiatives to accomplish the necessary savings.

dec blocks sale of tesla property

The LI Business News reports that NYS DEC will not clear the sale of the 16 acre Tesla property. DEC wants additional testing and remediation done on the Shoreham property.

shoreham advisory group

LIPA's Shoreham Advisory Group met with VHB, the consultants selected by LIPA to develop recommendations for the use of the former Shoreham Nuclear Power site. VHB plans to finish their study of the issues and opportunities connected with the site in six months.