An industrial development authority in upstate New York is preparing for whta it hopes will be the last financing for a resource recovery project that has been dogged by environmentalists and a succession of lawsuits.

In a vote last month, the Counties of Warren and Washington Industrial Development Agency gave preliminary approval to a borrowing of $11.25 million to cover cost overruns that Foster Wheeler Corp. incurred in building a 400-ton-a-day trash incinerator in the village of Hudson Falls.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.