School officials say
the IDA did not give them the exact amount they would receive, so they estimated it at 50 percent based on previous agreements.
The Onondaga County
IDA did not require such an agreement in return for a payment in lieu of taxes, or PILOT.
It's what
IDAs do, as opponents of the proposed Park Point student housing project in New Paltz recently learned.
Hancox also says
IDAs do a poor job reporting their data.
The IDA does not receive any public funding and operates solely from the fees it generates.
If an IDA can not prove that projects are worth taxpayer investment, and if
an IDA does not hold businesses responsible for not meeting their obligations, what is the point in having an IDA in the first place?»
Not exact matches
Two especially timely corrections have to
do with common tropes in popular writings following the attacks of 9/11: the first, one that seeks to diminish the importance of Wahhabism as a remote Bedouin tradition that only gained power through the successes of the Al Sa`ud, and the second, one that seeks to amplify the importance of Wahhabism by equating it with Al - Qa «
ida's ideology.
Her Democratic counterpart in the city of Rochester, Mayor Lovely Warren,
did, however, and she said even if Dinolofo's
IDA effort turns out to be nothing more than a rebranding, it's still a good step.
But former Lockport
IDA Board Member Duncan Carlson remembers the Yahoo project as «the best we've ever
done — because of the good - paying jobs.»
«It
does underscore the need for
IDAs to recognize that they're not operating in a vacuum and that their decision can in fact have a very significant impact,» he said.
But the
IDA has also approved $ 7 million in tax breaks to
do exactly what the consultant's report said not to: add to the city's «glut» of lower - quality hotel rooms.
UCIDA was cited in a report by the Budget Office as one of nine industrial development agencies (
IDAs) in New York that
did not use competitive bidding practices for professional services.
The
IDA says it has been cooperative, even though the agency
does not believe Maragos has the authority to audit it.
The conclusion of the study was that «The
IDAs that
did not seek competition in awarding these contracts paid 81 percent more than those
IDAs that sought competition.»
«The missing piece of this is that if the town
does not negotiate, the
IDA has the authority to go over its head and impose the most generous [to the developer] PILOT on the schedule,» noted former Town Board member Kitty Brown.
If the county attorney
does not hear from the
IDA by Monday, «a special proceeding will be commenced seeking to compel compliance with the subpoenas.
Ryan McMahon, chairman of the Onondaga County Legislature, asked the Industrial Development Agency to look into the procedure and says the
IDA will
do an environmental review of the property with potential public hearings.
The councils are made up of local economic development officials and academic leaders who serve on a volunteer basis (as
do IDA board members).
According to the New York State Comptroller, the New Rochelle
IDA has only ever approved projects for which it has
done no cost - benefit analysis, for which it has relied entirely on developers for data and analysis of that data and never once bothered to evaluate the success of a completed project against the promised benefits put forth by the developers.
IDA reform bill requires
IDAs to
do a better job of gathering projected job data and performing a cost - benefit analysis before tax dollars are used to finance the project.
The letter cites the finding in recent audit of the New Rochelle
IDA by the New York State Comptroller that the
IDA has failed to
do a cost - benefit analysis of proposed projects.
It seems local
IDAs still haven't come across a hotel subsidy deal they don't like.
I don't see this as a project that the
IDA should be supporting.»
Cuomo's 2015 - 16 proposed budget accuses
IDAs of awarding tax breaks to companies that don't always create jobs or invest in new equipment and buildings.
«It's time to investigate and look into what the
IDA is about to
do: enrich a rich developer at the expense of taxpayers,» D'Amato told lawmakers.
In 2015, the
IDA was informed by the New York State Authority Budget Office of the State Comptroller's Formal Opinion No.2014 - F1 which stated that Industrial Development Agency's
did not have the legal authority to create subsidiaries for purposes outside of those specifically authorized in their enabling legislation and that
IDA's are not authorized,» to make grants or loans of its money to any type of entity.»
Her husband's son, Terry Mannion, often
does legal work for COR and is listed on company documents submitted to the Onondaga County
IDA.
«She has a great pulse on what we're
doing at the
IDA,» Erie County Executive Mark Poloncarz said Friday.
How we
do our
IDA inducements in New York State, it's a broken system.»
The
IDA board unanimously approved the $ 6.7 million project after delaying action on the plan last month when Buffalo Mayor Byron W. Brown protested that the city
did not receive sufficient advance notice of the company's plan to move.
Did the tax dispute spur COR's decision to deal with the county
IDA rather than the Syracuse Industrial Development Agency?
The
IDA's policy committee, which reviews each project that comes before the agency's full board,
did not make a recommendation on the development, which failed to gain sufficient support from that panel's members.
While the agency normally
does not provide tax breaks for marketrate housing projects, the
IDA backed the Iskalo project because it is in a distressed area.
Hein didn't mention — or wasn't asked about — that his appointee, former executive assistant Suzanne Holt, is director of the Hein - created Office of Business Development and liaison to the
IDA.
«If this incentive doesn't come through, then this project is null and void,» said Erie County Legislator Edward Rath, an
IDA board member.
That ran contrary to the opinion of the
IDA's staff, which
did not recommend that the project receive tax breaks, noting that the 400 block of Main Street had been extensively redeveloped and that they didn't consider further tax breaks necessary.
«My hope is that they don't make appointments that are purely ideological,» said Sanders, who also sits on the
IDA board.
The staff perform high - level checks on the data that each
IDA reports, but
do not review the accuracy of information on individual projects, such as how many jobs a project created or how much a company's tax breaks were worth.
In audits of other
IDAs that have
done business with their board members, though, the comptroller concluded
Nassau
IDA chief Joseph J. Kearney defended his agency, saying its aid packages to the dealerships «were a proper interpretation of the statute... If Albany wanted to
do away with retail in its entirety they would have said so,» he said, referring to state government.
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.
In audits of other
IDAs that have
done business with their board members, though, the comptroller concluded that «such transactions may create an actual conflict of interest or the appearance of impropriety.»
«In the last year and half people have started to wake up and say, «What is this
IDA that I didn't elect, and that's going to have a decisive impact on my community and how much I pay in taxes?»»
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.
One way to
do that, he said, would be to suspend the mortgage tax waived by Erie County
IDAs a few years ago.
But come to think about it all my patients that are on a plant based diet don't have
IDA.
The
IDA feels that special education teachers have no clearer idea of what constitutes research - based effective practices than
do general education teachers.
That was a bit too easy and I was disappointed that I didn't get to talk about how I whipped out
IDA Pro and
did some master debugging.
In Defense of Animals (
IDA) announced the award to Carson Cats, in honor of the legendary actress and animal advocate, Beatrice Arthur, who represented what it means to be loving guardians to our animal friends and recognized that the word «owner»
does not properly define our relationship with animals.
The single most important thing you can
do to increase your chances at approval is to freeze your
IDA and ARS credit reports.