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Malta reviewing final agreement with AMD

The package had to be handed off to the Foundry Company, a joint venture between AMD and the Abu Dhabi Advanced Technology Investment Company.

A public hearing on the transfer is scheduled for Wednesday, Dec. 10, at 1 p.m. at the Luther Forest Campus Center on Hermes Road. The Public Authorities Control Board must also approve the deal.

Two public hearings involving $27.8 million in county sales tax breaks for construction costs are scheduled for Monday, Dec. 8, at 8 a.m. at Stillwater Town Hall and 10:30 a.m. at Malta Town Hall. A decision by the county's Industrial Development Agency is expected to follow.

Other items at Monday's meeting

The public had a chance to comment on a possible sale of a historic landmark, the Collamer House, in order to avoid expensive repairs.

Built in 1835, the house was donated to the town in the 1970s, and the property is now also home to a small park. If sold, the house could be either lived in or turned into a business, as the area is zoned commercial.

The town has not made a decision on what to do with the house or property yet, but a number of residents stood to denounce any action that would put the building at risk.

Stephen Rutkey, chairman of the town's Historic Preservation Review Committee, noted that of the 30 historical landmarks in town, the Collamer house is the only structure on the National Register of Historic Places.

"It is not a huge collection, so we consider each one to be vital," he said of the town's historic landmarks.

He also echoed the thoughts of Town Historian Paul Perreault, who wants the building protected no matter who the owner is.

"Whatever decision you make concerning the ownership, please take the steps to preserve the resource," said Perreault.

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