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Holcim waterfront battle: round 2

Jan 26, 2011 6:58 am
[caption id="" align="alignright" width="200" caption="Holcim's waterfront dock in Hudson, as seen in a commentary piece by Carole Osterink on her Gossips of Rivertown blog on January 26."][/caption]The legal back and force over the waterfront dock property owned by Holcim, formerly St. Lawrence cement, returned to the front page of the Register-Star this morning, January 26, with a story about how the attorney representing Holcim U.S. Inc. says the cement company is maintaining its stance that no income is generated from the parcel, even after claiming that a document serving as evidence of such was sent in error. Holcim is grieving the $4.5 million assessment it received on its deep water port dock for 2010/2011, which the company is claiming is actually worth $1.5 million. Pursuant to a court order issued by Justice Patrick J. McGrath, Holcim provided the city with an income and expense statement on Nov. 30, 2010 as part of the grievance process.



The statement reflected that there was no income generated from the parcel, which Connor called “bogus,” since the property is leased to O&G Industries for the shipping of aggregate material, as well as Cargill Inc., which unloads and stores salt at the dock (a settlement the city recently reached with Cargill, however, has ordered that all salt storage at the dock must cease within a year and a half).
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