The Saratoga Partnership refunds to applicants the fees it receives for processing
IDA applications — the only economic development organization in the Capital Region that does so — as a way of further supporting economic development and job growth.
In other IDA action, O'Halloran said he was «comfortable» with Skate Time USA of Accord reporting only 12 FTE employees (full - time equivalent) when the firm had promised at least 20 on
its IDA application four years ago.
Applicants seeking IDA assistance must complete
the IDA Application, meet with a subcommittee of the IDA, then have your application reviewed at the IDA's monthly meeting.
Not exact matches
The
IDA has accepted the Hamister Group's
application for $ 4.24 million in tax breaks, and will likely approve the deal at their next meeting, once a public hearing has been held.
The focus now shifts to the Ulster County
IDA, which will be coming to town on Jan. 28 to hold a public hearing on Wilmorite's PILOT
application for a basically «tax - free» Park Point project.
IDA chairman Joseph Kearney declined to respond to D'Amato, saying the
IDA «would continue its process» of deliberation on iStar's
application.
The
IDA board is set to consider the
application at its meeting on Wednesday.
Perfit said it was he who «independently» researched the original Park Point
application and convinced fellow
IDA members that taxes should be calculated on «the number of beds, not the number of doors.»
After sitting through more than an hour of public comments backing the pro-Israel bill, D'Amato criticized the
IDA over a tax exemption
application for the «Superblock» development along the Long Beach boardwalk.
He said his real - estate firm was purchased by Pyramid four years ago, two years prior to Wilmorite's initial
application to the
IDA, and that he had no management or decision - making responsibilities with the parent company.
Saratoga County
IDA will consider the
application at its Dec. 12 meeting.
SKS and SEDC recently submitted an
application to Saratoga County
IDA for a 10 Year Commercial Services PILOT — a payment in lieu of taxes — as well as sales tax and mortgage tax exemptions to facilitate the move and installation of equipment, machinery, furniture, and fixtures at the site.
The new policy received unanimous approval by the agency's board at its May 20 session and will be forwarded to all
IDAs in Erie County with the goal of uniform
application and compliance.
But, in 2008, when Corning asked the
IDA for tax breaks on a new construction project, the
application was signed by Richard Weakland, who sat on the
IDA board at the time.
And the employees who have sat on the
IDA board don't make decisions about projects receiving
IDA incentives in their work for the company, according to Corning's
applications for tax breaks.
U.S bank can be a stickler when it comes to
applications, to make your life easier we'd recommend freezing your
IDA & ARS credit reports before applying for any cards with them.