WASHINGTON – The US Department of Commerce’s Economic Development Administration has awarded the Town of Cortlandt $3.2 million to assist the municipality as the Indian Point nuclear power plant closes next April.
The funding from the Assistance to Nuclear Closure Communities Program will be used for a new educational recreational facility on town-owned property on the Hudson River and infrastructure improvements including roads and a water line.
“This federal funding will help the Town of Cortlandt expand its tax base to assist property owners and offer new jobs to area residents when Indian Point officially closes in 2021,” said Congresswoman Nita Lowey (D, NY-17).
Town Supervisor Linda Puglisi said the grant will for the town’s plans at the Cortlandt Quarry Park in Verplanck.
“This grant was submitted for our vision of these 99 acres, adjacent to the Hudson River that the town purchased five years ago,” she said. “The purpose of the purchase was for recreational uses and perhaps for some small business (privately owned) only to help produce some jobs and tax revenue to offset losses when Indian Point closes.”