The Daily Gazette
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Gloversville sues for control of loan fund

Suit also possible over Estee loan

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Gloversville filed a lawsuit Thursday against the Fulton County Economic Development Corp., seeking to recover a $1.5 million economic development revolving loan fund; and it may file a second suit to recover a $750,000 loan the EDC made that helped create Estee Commons. City Attorney Tony Casale said the first lawsuit asks state Supreme Court in Fulton County to require the EDC to transfer the loan’s assets to Gloversville without further negotiations. “We have exhausted ...

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