Sentences with phrase «lieu of taxes»

The city is also proposing a payment in lieu of taxes agreement, and a loan for the project, which includes building 25 single family homes.

Growth in the tax levy for school districts allows them certain exemptions, including capital expenditures, payment in lieu of taxes and pension growth.

Rev. Coverdale said the church has committed to making payments in lieu of taxes for police, fire and ambulance service.

The company bypassed the Syracuse Industrial Development Agency, which normally assists projects in the city, to ask OCIDA for a 15 - year payment in lieu of taxes on its $ 324 million development of the Syracuse Inner Harbor.

Managed and completed projects (i.e. drafted the payment in lieu of taxes program for Great Barrington, drafted contracts and technology user agreements).

In Destiny's case, the credit is based mainly on the mall's payments in lieu of taxes under a PILOT agreement with Syracuse.

«Public input is important to us, but we hope they stick to the merits of the Pilot [payment in lieu of taxes] proposal that is the subject of our public hearing,» board Chairman Mike Horodyski said on the morning of the hearing at NewPaltzHigh School this Tuesday.

The development also received a $ 660,000 Suffolk County HOME Loan, a Suffolk County Acquisition and Infrastructure Loan of nearly $ 1.95 million, a $ 150,000 loan from the Village of Patchogue, a $ 250,000 philanthropic loan, and a 30 - year payment in lieu of taxes agreement with the Village of Patchogue.

Payment in lieu of taxes from tax - exempt properties, like Empire State Plaza - Aerial view from the Alfred E. Smith State Office Building of the Empire State Plaza on June 28, 2016 in Albany, N.Y.

A «Forever Taxable» Coalition formed to oppose a cap and Payment in Lieu of Taxes system in the Adirondacks and Catskills.

While the land would remain state property, the developer would have to reach a payment in lieu of taxes with Albany's Industrial Development Authority that could add millions to city coffers.

Other changes include allow for growth in budgets without going over the cap, including counting general fund transfers to a capital reserve fund in cap exclusion as well as including payments in lieu of taxes as a factor in tax base growth.

During that meeting, Aiello indicated COR did not plan to seek a payment in lieu of taxes at the Inner Harbor, Miner recalled.

State auditors will examine District 30's «budgeting practices and the resulting property tax levy related to the Payment in Lieu of Taxes [PILOT] associated with the Green Acres Mall project,» DiNapoli said in the statement.

«We are asking for the state, to a minimum, fully fund the payments in lieu of taxes formula that's been on the state books for many, many, years, but has been dramatically underfunded.

Each individual with a Social Security number can purchase up to $ 10,000 of them per year, and get an additional $ 5,000 worth in lieu of a tax refund.

The best part is that your personal credit history does not factor as heavily into the decision process as it does with a personal card (unless you provide your Social Security Number in lieu of a Tax ID).

Arts Council England announced on Wednesday that it had been accepted into public ownership in lieu of a tax liability.

Accepted by the nation in lieu of tax on Freud's estate, this body of work includes emblematic works by one of our finest contemporary painters, including his 1962 scene of London's Leicester Square as a building site, rendered in high - impasto semi-abstract smears of red, orange, ochre and grey.

And the tax package crafted last December by the lame - duck Congress included a provision to extend generous cash grants in lieu of tax credits for renewable energy through 2011.

Last week a collection of paintings and drawings by Frank Auerbach belonging to Lucian Freud was bequeathed tot the nation in Lieu of taxes under the AIL scheme.

Talon also said airport land «owned by the state should be used for aviation purposes because aviation businesses have the advantage of not having to pay real estate taxes or PILOT [payment in lieu of taxes] fees,» Talon said.

In early 2014, the City of Albany Industrial Development Agency approved a payment - in - lieu of taxes agreement for the hotel and parking garage on Howard Street that will save the company millions by the time the agreement expires in 2031.

Traditionally, the state funds have come in the form of a spin - up of money the state owes the city in payments in lieu of taxes for Empire State Plaza's exemption from local levies.

Mr. Dunleavy, who has been critical of the proposed zone change in the past, said after the event that he supports the Family Community Life Center, but on the issue of the housing, he said the town needs to get payments in lieu of taxes from the church, because the town is losing $ 500,000 to $ 600,000 per year in tax revenue otherwise.

Colbourne had a long career with the Government of Canada including experience as a senior real estate advisor, regional chief appraiser and most recently regional manager of the Payment in Lieu of Tax Program for Atlantic Canada.

Now, a «Forever Taxable» Coalition has been formed to oppose a Payment in Lieu of Taxes system in the Adirondacks and Catskills.

Entergy has «payment in lieu of taxes» deals with Buchanan, the Hendrick Hudson school district, the city of Peekskill and Westchester County that were expected to amount to about $ 31 million in revenue for those government entities in 2015 and rise annually along with the state property tax cap.

Such a takeover would collectively save the other 57 counties $ 2.3 billion a year, which equates to 41 percent of their collective property tax revenue (including payments in lieu of taxes, or PILOTs).

Because that $ 320 million was something the governor had promised you, in lieu of a tax, which is not built on a promise, but on laws.

The Onondaga County IDA did not require such an agreement in return for a payment in lieu of taxes, or PILOT.

«The major theme for everybody is taxes, and we have to focus on achieving better PILOT funding,» Santangelo said, referring to «payment in lieu of taxes,» a compensation for revenue lost due to tax exempt property.

Modification Request to Proposals dated March 13, 2017 for the Ellis Tract and 2150 Dryden Road Projects Seeking Payment In Lieu of Taxes (PILOT) Agreement for Community Solar Photovoltaic A

(He makes payments in lieu of taxes under an arrangement that allows the money to go back into the mall.)

City officials claim COR had promised not to seek a payment in lieu of taxes, or PILOT, on the Inner Harbor development.

I will say I think an opportunity for HSBC Center is there is a lot of buildings out in the suburbs who are burning off their PILOTS (payments in lieu of taxes), and their rents will come up dramatically.

Both city councilors had submitted affidavits in January, while the lawsuit was under way, saying they heard COR president Steven Aiello promise in 2012 not to seek a payment in lieu of taxes, or PILOT, for the Inner Harbor development.

Greg Helsmoortel served as town supervisor and was steamrolling through this privately owned proposed tax - payer funded rental project in spite of numerous pleas and petitions to withdraw the town's support as an advocate for state funding and the pilot (payment in lieu of taxes) which would place heavy burdens on Saugerties tax payers.

His two main ideas — to shift from an income tax paid by workers to a payroll tax paid by employers, and to let municipalities set up charitable funds to which taxpayers would make deductible donations in lieu of taxes — are intriguing.

«I want to address that because that's a statement that Councilman Commisso has made a number of times and I just want to reiterate every one of the developments in the city of Albany have resulted in more money for the city and the school district than had the project not been done and all the projects paid a library tax, so while they pay a payment in lieu of taxes, they are paying taxes.»

Will also expressed concern about a Payment in Lieu of Taxes (PILOT) agreement being negotiated for the facility, especially as it pertained to money that could be going to the Kingston City School District.

Gallo, who confirmed the conversation took place, was at the time engaged in an extended legal battle with Aaron over a «payment in lieu of taxes» arrangement for one of Aaron's other Kingston properties.

«Our understanding of a Pilot [Payment in Lieu of Taxes] is that it is a tool to encourage development in a community that is economically in need, where the particular project is desired and that will create jobs,» he wrote on behalf of the town board.

Several important governmental resolutions mark the transition into 2014, all having to do with the application by Wilmorite Corporation to the Ulster County Industrial Development Agency (UCIDA) for a payment in lieu of taxes (PILOT) agreement.

As interest in collecting payments in lieu of taxes — also known as PILOTs — from charitable non-profits is likely to increase, a new...