Saratoga County sewer district owns line serving chip fab plant
STILLWATER The Saratoga County Sewer District has taken ownership of the private sewer line that serves the GlobalFoundries computer chip plant.
Sewer commissioners voted unanimously last week to take over the 3.5-mile-long, 10-million-gallon capacity line from the financially-troubled Luther Forest Technology Campus Economic Development Corp.
With the LFTC corporation now out of day-to-day business operations, the commissioners waived the usual requirement that a private developer post a bond to cover future repair costs — in this case, a bond that might have totaled about $3 million.
As private sewer lines go, this one is enormous. It was sized to meet the needs of the GlobalFoundries Fab 8 computer chip complex, and well as those of future tenants of the technology campus. State funds paid for its construction.
The line runs from the technology campus along Cold Springs, Fitch and Farley roads, to meet the county sewer system near Coons Crossing in Halfmoon. It was built between 2008 and 2011.
GlobalFoundries is currently the only customer, discharging 1.6 million to 1.7 million gallons of industrial wastewater each day, with its first computer chip plant now in volume production. However, GlobalFoundries has plans to add a major research and development center by 2015, and is actively planning for a second computer chip plant that would be larger than the first.
Despite the success of GlobalFoundries, the LFTC Economic Development Corp. is under severe financial stress. It has been unable to develop any other projects at the 1,414-acre campus, though this week it announced a deal to sell three acres near the main entrance to Stewart’s Shops for $600,000.
If the non-profit corporation went out of business without the sewer district accepting ownership of the sewer line, by law the town of Stillwater would have had to take ownership.