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Attorneys for TCI and Ghent negotiate truce

Jul 09, 2013 7:57 am
John Mason reports in the Register Star attorneys for the town of Ghent and the transformer dismantling and transporting company TCI New York, agreed Mon., July 8, the company will waive its conflict of interest claim against the Ghent Planning Board’s environmental attorney. The company and the town also suspended all litigation for six months. If, at the end of six months, TCI withdraws its application to rebuild, the town and TCI will exchange releases of any and all claims against each other, “and the matter will be done,” Ghent Town Attorney Ted Guterman said in a press conference following Monday’s court hearing. TCI has also agreed to pay the town $12,500 in outstanding fees stemming from the town’s review of TCI’s application, and up to $2,500 in potential fees. The company is suspending its application for a building permit during the six-month period. TCI's 30,000-square-foot plant on Falls Industrial Road was destroyed by fire Aug. 1. The company is temporarily operating out of Coeymans, and seeking site plan approval there. It is also in discussion with three other locations, including Ghent. Read the full story in the Register Star.