YOUNGSTOWN — Mayor Jay Williams acknowledged today that an agreement on the V&M Star Steel property and the distribution of corporate property tax for the $970 million expansion project has been reached between his city and Girard.
The deal was reached at approximately 11:30 p.m. Wednesday after 5-and-one-half hours of negotiation between both parties, Williams told The Vindicator.
The agreement will be taken up by the Girard City Council for approval Monday night, followed by the Youngstown Board of Control on Tuesday. An official signing ceremony is planned for Wednesday.
Williams did not disclose details, calling the plan "fair and equitable" and "one that satisfies both parties."
For details, see Friday's Vindicator or watch Vindy.com.
Comments
Glad they got that done, NOW V & M has to proceed....
By the way, this was on the early news on 33 this morning, you guys need to get your news out faster..
This is fantastic news. It's about time our political leaders got together and made the right decisions for the Valley despite their differences. I'm proud of both Youngstown and Girard for coming to the table and making the right decision for our Valley's working class and business population.
Whether the deal is perfect or not, it represents a necessary collaboration between districts in the Valley and economic progress and opportunity for local businesses and workers. This is a step in the right direction for a region that is known for its fiercely independent political districts.
I don't care if you're from Boardman, Poland, Youngstown, Girard, Liberty, Canfield, etc., we're all part of the Mahoning Valley economic region. Whether you agree with the JEDD concept or not, we have to start thinking like a regional community instead of little fiefdoms if we plan to compete in the global marketplace. Whether we like the idea or not, it's reality. It's about time we started facing it together instead of fighting one another.
As student at YSU who will be looking for career opportunities within the next few years, I want to live in a place that encourages new business opportunities and developments for the region at large, not one that's going to hinder fantastic economic opportunities by bickering between districts over who gets a bigger piece of the pie. I'm glad to see that the my hometown and the Valley as a whole are starting to see the big picture.
When Youngstown and Girard shook hands last night, every city, township and village in the tri-county area gained a better chance to thrive. That's something we can all be proud of.