A local rail line damaged by the floods of 2006 has received an additional $4.7 million in aid, bringing it closer to its goal of a full recovery, according to a media release from Sen. Charles Schumer, D-N.Y.
The Economic Development Administration has provisionally committed to award $4,718,000 in federal disaster funding for the Chenango Industrial Development Agency to move forward with the Utica Main Rail Line Revitalization project.
The CCIDA got word in December that it would receive $772,422 in funding from the state Department of Transportation, but according to Schumer’s release, the project is still $407,000 short of the needed funds to complete the reconstruction of the section of rail that runs from Chenango Forks to Sherburne.
The rail line is operated by the Cooperstown-based New York Susquehanna and Western Railroad.
In September, Schumer called on the EDA to expedite funding for the rail project. Schumer received word last week that the agency granted preliminary approval of the funding, pending receipt of final supporting documents.
“Today’s announcement puts us on the right track to move full steam ahead to revitalize the Utica Main Rail Line,” Schumer said in the release. “Functioning rail lines make it easier and cheaper — and cleaner — to move goods and materials, which create a fertile environment for job-creating businesses to take root and grow.”
The project is contingent on a local and state commitment to cover some of the costs towards the project. The 40-mile section of track links the Binghamton and Utica markets for freight traffic.