Youngstown amends license agreement with V&M Star

YOUNGSTOWN — The city’s board of control amended its 2010 license agreement with V&M Star until the city’s recently signed lease with the company takes effect.

Mayor Charles Sammarone, head of the board of control, said today that V&M requested the city take action before the end of the year so production continues uninterrupted and the company can begin making payments to the city.

The 99-year lease agreement finalized last week doesn’t become effective until V&M has the land for its $1.1 billion expansion project replatted through Mahoning County, said Law Director Anthony Farris, a board of control member.

“The replatting is not a big deal, but it takes time,” Farris said.

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