A Stamford, Conn.-based company that loaned Luminati Aerospace $10 million in 2016 is now taking the company to court, claiming it has defaulted on that loan. Hexcel Corporation is asking the courts to seize property belonging to Luminati at the Enterprise Park at Calverton in order to turn it over to them, and they are also asking that the due date on the loan be accelerated so it is due immediately. READ
The Riverhead Town ethics board may be facing additional work as it continues to weigh a complaint made against Councilwoman Jodi Giglio. READ
Riverhead Councilwoman Jodi Giglio went before the Town ethics board Tuesday night, but the board did not issue a recommendation as to whether she should recuse herself from voting on the proposed $40 million sale of 1,640 acres of town-owned land at the Enterprise Park at Calverton to a group called Calverton Aviation & Technology. (more…)
Riverhead Town’s ethics board has asked the Town Board if the attorney assigned to it should be an outside legal counsel rather than a someone from the town attorney’s office, as is the case now.
At issue is whether the town attorney’s office should recuse itself in cases involving an ethics complaint against a Town Board. READ
The Riverhead Town Board is a step closer to deciding whether Calverton Aviation & Technology is qualified and eligible to carry out its development plans for the Enterprise Park at Calverton, as it officially closed the public hearing Monday after a nearly five-hour session. READ
As the date comes closer for Riverhead Town’s qualified and eligible sponsor hearing to vet Calverton Aviation & Technology, new details have emerged on the principals of the entities that make up CA&T as well as their roles in the proposed development at the Enterprise Park at Calverton. READ
An attorney for one of the largest solar energy generation companies in the country told the Riverhead Town Board on Wednesday night that it is prepared to offer more than $40 million to purchase over 1,600 acres at the Enterprise Park at Calverton in order to install solar energy generation panels at the site. READ