Bankruptcy deal adds $5.5 million from GM to clean up Ley Creek, Onondaga Lake

Washington -- Federal prosecutors said today they have reached a deal that will provide an additional $5.5 million from the assets of the old General Motors Corp. to pay for environmental restoration work along Ley Creek and Onondaga Lake. The latest deal means that almost $80 million will be set aside for Ley Creek cleanup work from the $899 million federal trust fund established by the federal government and the old GM as part of the auto company's bankruptcy and federal bailout. The trust fund will pay for cleanup and redevelopment of 89 former GM properties across the nation, including the GM Inland Fisher Guide plant in Salina that closed in 1993, eliminating 1,300 jobs. GM left behind PCBs, heavy metals and other chemical waste on the land surrounding its Salina plant, including the old Salina Landfill and Ley Creek, a tributary of Onondaga Lake. read more at: http://www.syracuse.com/news/index.ssf/2013/04/bankruptcy_deal_adds_55_millio.html