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.

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