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Town of Richmondville Board to Meet November 12th on Maranatha

Written By Editor on 11/10/13 | 11/10/13



The Richmondville Town Board will be holding a special meeting on Tuesday, November 12th at 10:00 am to discuss the Maranatha Project and other town business. The meeting will be held at the Town Court and comes after months of public scrutiny over the process leading up to and after the project was shut down due to accumulating energy debts owed to Richmondville Power and Light.

Residents have raised concerns on Maranatha for a variety of reasons ranging from the project's misuse of state grants, which is currently under investigation by the Office of the State Comptroller, to its six month backlog of electric bills that despite the Village of Richmondville's best efforts could not be met under a budget plan.
 
For two months the publicly funded $5 million facility on Route 7 has sat in the dark, forcing Maranatha to resume activities in their old offices in Cobleskill while frustrating both customers and residents alike over the costly project's shuttered doors and faulty fiscal mismanagement, which might be leading to organizational changes within.
 
According to the project's official facebook page on Tuesday, November 5th: "We are still working with an investor and new management." Adding that "There are certain legal precedents that must be processed in order for the investor to come on board. Once the paperwork is finalized, a date for reopening will be set."
 
One can only assume that the content of Tuesday's board meeting will cover recent developments concerning a new investor and management team at Maranatha, which may or may not lead to the facility's eventual reopening. But whatever the case, there are still many unanswered questions that the public has the right to know on the project's series of financial missteps, fiscal mismanagement and questionable adherence to state grants.
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