Ontario County IDA, Finger Lakes
For years, the Ontario County IDA ignored payment-in-lieu-of-taxes (PILOT) agreements at the Canandaigua Air Center. Although the IDA began operating the airport and took it off the tax rolls in 1995, the private buildings on the property were supposed to be paying PILOTs to offset the tax revenue lost to school districts and municipalities.…
Chemung County IDA, Southern Tier
In summer 2009, CVS Pharmacy broke ground on a regional distribution center in Chemung County, possibly the largest development project underway in upstate New York.…
I am an owner of Talking Leaves Books, an independent, co-op bookstore in Buffalo. We’ve always sought be a community center and a community resource where diverse and alternative populations can access books that most other stores don’t stock.…
In fall 2009, the city's Capital Resource Corporation, a subsidiary of the Industrial Development Agency, announced it was awarding the developers $20 million in tax-exempt Recovery Zone Facility Bonds, authorized under the American Recovery and Reinvestment Act in order to jump-start the retail and housing part of the project. The city estimates that it will create 328 construction jobs and 108 full-time equivalent permanent jobs. However, there are no guarantees taxpayer money will create decent, living wage jobs for residents or displaced workers. The permanent jobs will be primarily part-time, low-wage retail jobs, and will actually represent a net loss of jobs in Albee Square.
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