Sentences with phrase «ida incentives»

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.

I would oppose any IDA incentives, for projects like the proposed CVS / 5 Guys projects in the Town of New Paltz, which adds little to our community and competes with locally owned small businesses who have supported our community for years.

Now, you can reasonably argue that apartment buildings shouldn't get IDA incentives, which were intended for factories and other job - heavy projects, but that's an argument for another day.

He wants ESDC, the state's primary business aid agency, to review IDA incentive packages that include an exemption from the state's 4 percent sales tax.

Cuomo wants any IDA incentive package that would give away state sales tax money be approved by the Empire State Development agency.

Not exact matches

The primary mission of the Tompkins County Industrial Development Agency (IDA) is to offer economic incentives to Tompkins County businesses in order to create and retain quality employment opportunities and strengthen the local tax base.

«We really need a more standardized and more accountable approach to evaluating whether or not we're getting the bang for the buck that's being given in terms of tax breaks and other incentives that IDAs give out,» DiNapoli said.

Today the ECIDA is the statewide example of what an IDA should be: one that ensures the public benefits from the tax incentives we provide.

Also, it should be noted there is a concurrent rise in projects that never came before the IDA for incentives of any kind, including, but not limited to, 3M's Tonawanda Plant Expansion, the current phase of adaptive reuse of One Seneca Tower, the AM&A's Building, the A&P Warehouse, the Hi - Temp Fabrication Reuse and many others.

The Rensselaer County Industrial Development Agency (IDA) is dedicated to promoting economic development and vitality within the County — offering sales and property tax incentives, grants and low - cost capital to attract and retain businesses:

In addition to the tax incentive programs often related to the IDA, I continue to advocate for new policies for local businesses to help them expand and thrive here in Erie County.

Reporting for the Excelsior Jobs Program is a good model to follow because it includes most of the metrics necessary to have a complete picture of recipients» commitments, actual performance, and incentives issued.3 Another good example is the downloadable data on Industrial Development Agency (IDA) projects provided on the Office of the State Comptroller (OSC) website, although quality metrics should include annual numbers, and not just totals.4 See Appendix A for a recommended list of metrics.

The Rockland IDA provides financial incentives to retain, expand and attract business in Rockland County.

The IDA helps companies access and negotiate tax and rate incentives.

A review by Kidera suggests the IDA board approved the bonuses in advance after first setting criteria for the performance - based incentives.

He said county legislators should be mindful that he has been offered much higher paying jobs elsewhere and the incentive pay was a way for the IDA board to keep him.

Manufacturing can't be competitive in NY unless there're getting tax incentives, juice from the PA and IDA sales / mortgage tax exemptions.

Rensselaer County Economic Development and Planning and the Rensselaer County Industrial Development Agency (IDA) are dedicated to promoting economic development and vitality within the County — offering sales and property tax incentives, and low - cost capital to attract and retain businesses:

The rest is funded through tax incentives from the Saratoga County IDA, totaling approximately $ 188,000.

Buffalo, NY — The Erie County Industrial Development Agency's Board of Directors approved a new policy narrowing the scope of broader State law that allows IDA's to offer tax incentives to developers for market rate senior housing projects.

«If this incentive doesn't come through, then this project is null and void,» said Erie County Legislator Edward Rath, an IDA board member.

Fueled by new incentives offered by public - sector entities such as Empire State Development Corp., Erie County Industrial Development Agency and the Amherst IDA, former eyesores are now economic development jewels.

Rockland County Executive, C. Scott Vanderhoef added, «Rockland County's IDA deserves praise for ensuring its financial incentives facilitate economic development in Rockland.

In Babylon Town, the IDA board is expected this month to begin considering a proposal to give the town's three villages more say in the scope of tax incentives affecting them.

Four dealerships won tax breaks from the Nassau IDA between 2014 and last year to renovate showrooms and maintenance facilities; one of them got incentives for two projects.

The report's author, CBC research associate Riley Edwards, said having regional IDAs would reduce competition, which drives up the cost of tax breaks and the number of incentive packages offered to companies.

Since then, two IDA boards, four school districts, hundreds of Valley Stream taxpayers, and about a dozen state and local lawmakers have become embroiled in a controversy over the mall's tax incentives that have been blamed for steep tax hikes for residents.

«The incentives we're providing here push them across the finish line,» said Edward Rath, an IDA board member.

But the board took a more skeptical view of the Christian Science Reading Room project, which its developers, Peter and Rebecca McCauley, already estimate will generate a nearly 11 percent return on their investment without any tax breaks, and a nearly 28 percent return if the IDA approves the $ 35,000 in incentives they are seeking.

But in a prepared statement he praised the project, saying that HarborCenter will bring «significant new tourist revenues to Buffalo and Erie County», as well as creating jobs which «might not have come to Erie County without incentives from governmental partners such as New York State and the Erie County IDA.»