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Gaslight buyout agreement pending

LAKE GEORGE - A buyout of the Town of Lake George's interest in the Gaslight Village project is likely to be reached in the next several days, Warren County Board of Supervisor Chairman Fred Monroe said late Friday afternoon.

"I am optimistic we have a workable solution," Monroe said, declining to reveal details of the tentative contract. "I think we have the workings of an agreement."

He said there was now "no distance" left in reaching a full agreement between the county and the Village and the environmentalists - who all have sought to tear down the Cavalcade of Cars building - and the Town, which has sought to rehabilitate it into an events center.

"We had an excellent meeting today," Monroe said, noting he will be calling a special full county Board of Supervisors meeting this next week to consider the proposed agreement.

"The full Board of Supervisors must approve it," he said.

The Town of Lake George has also called a special board meeting - for 11 a.m. Friday Sept. 24 in the town center. But this meeting is primarily to approve the demolition of Charlie's Saloon on the Gaslight south parcel and the rest room building on the north plot - permission that McCoy revoked on behalf of his board when the county supervisors voted Sept. 17 for demolishing the Cavalcade building.

McCoy declined to talk about the proposed agreement, and whether he'd be discussing it with his board Friday.

But sources close to the negotiations said this reversal of position on behalf of McCoy indicated the town had indeed reached an agreement with the other municipalities and environmental groups involved in creating the West Brook environmental park on the former Gaslight property.

Peter Bauer of the Lake George Fund said Wednesday this permission is crucial to get the park development project going forward - minutes before he and Walt Lender of the Lake George Association met with McCoy behind closed doors.

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