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Land to IDA may cover debt of tech campus

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The Saratoga County Industrial Development Agency would take ownership of 21 developable acres at the Luther Forest Technology Campus under a proposed loan forgiveness plan. Under the proposal, which the IDA board has discussed but not voted on, the IDA would accept the land from the nonprofit development corporation that owns it in return for forgiving $650,000 in loans it made a decade ago to help launch the technology campus. “The resolution that was discussed ...


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