SERKIL, L. L. C. v. CITY OF TROY


259 A.D.2d 920 (1999)

686 N.Y.S.2d 892

SERKIL, L. L. C., Appellant, v. CITY OF TROY, Respondent.

Appellate Division of the Supreme Court of the State of New York, Third Department.

Decided March 18, 1999.


Carpinello, J.

On December 28, 1995, the parties entered into a contract whereby plaintiff was to lease defendant's landfill for the operation of a transfer station in connection with the disposal of defendant's municipal solid waste. The contract required plaintiff to make a $200,000 payment by December 31, 1995 and a second payment of approximately $1 million a year later. In return, defendant was to deliver to plaintiff all of its municipal solid waste and to pay...

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