The County of Chenango Industrial Development Agency was notified Thursday that the Federal Economic Development Administration has approved a $4.7 million award for the Revitalization of the Chenango County rail system.
The federal award represents 80 percent of the $5.897 million cost to revitalize the Utica Main Rail Line from the Chenango County line near Greene through Earlville, a media release from the CCIDA in Norwich said.
The federal funding through the FY 2012 Disaster Relief Opportunity leverages an award CCIDA received in the fall of 2011 from the state Department of Transportation for $770,422, the release said. In addition, local sources will invest a total of $408,070.
“We are excited about this opportunity to re-establish freight rail service to the main population centers of Chenango County after an absence of service for nearly seven years,” Steve Craig, executive director of the CCIDA, said in the release.
The IDA will work with New York Susquehanna and Western Railway, the DOT, and others on the project, he said.