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Development group may take Luther Forest land to satisfy loan

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The Saratoga County Industrial Development Agency agreed Thursday to consider taking ownership of 21 acres at the Luther Forest Technology Campus in return for forgiving a $650,000 loan. The agency board approved a letter of intent to strike a deal officials hope will lead to the land’s development. Under the proposal, the IDA would take ownership of the land and consider investing in bringing sewer, electric and gas service to the site. The letter will ...

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