For the purpose of allowing the IDA to acquire,
reconstruct and improve the railroad siding at Tech City, the County
is authorized to give up to $52,500 to the IDA for such purpose, and
the Chairperson is authorized to execute a suitable memorandum with
the IDA confirming such use of the moneys.
It is found and determined based on the review
document filed with the Clerk of the Legislature that the action to
be taken hereunder will not have any significant impact on the environment.
This local law shall take effect immediately.