Disputes between Wabtec Corporation and the Iroquois School District will come to a close.
Two years after the merger of GE Transportation and Wabtec, a major legal agreement will finally be reached.
The assessed value of the 431-acre locomotive plant in Lawrence Park has been settled.
Staff from the Erie County Assessment Office say the assessed value of the Wabtec property is set at about $41 million.
The Erie County Board of Tax Assessment appeals established that same assessed value back in 2019 after the merge.