Foster Overpays for Contaminated Land and Sticks Taxpayers with $4.3 Million Bill

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Uploaded by on Nov 4, 2011

Peekskill Mayor Mary Foster Delayed Release of an Environmental Report Detailing a $4.3 Million Cost to Taxpayers on Land She Never Should Have Purchased in the First Place

Tony Washington says: "This Land is Going to Cost More to Clean Up that We Paid For It"

Foster Purchased Other Lots of Contaminated Land, Only One of Which Will Cost $4.3 Million to Clean Up

Before Foster Bought These Parcels, She Knew Property had been Closed by DEC After 4,500 Environmental Violations in 3 Years

At Height of the Recession and a Slumping Real Estate Market, Foster said Taxpayers Should Overpay for Land Without Getting 2 Independent Appraisals Contrary to City Policy

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