[CPEO-BIF] Yonkers [New York] Brownfield Solutions

[Lenny Siegel <lennysiegel@gmail.com>]

City-created Yonkers nonprofit threatened with loss of state funds

Len Maniace
The Journal News (NY)
May 5, 2008

YONKERS - The state Department of Environmental Conservation recently 
threatened to yank a $200,000 environmental cleanup grant from a 
city-created nonprofit, but has now decided to give the organization a 
chance to get its paperwork in order.

The DEC said in a March letter it was rescinding the grant because 
Yonkers Brownfield Solutions "falsely represented itself as a qualified 
tax-exempt community-based organization, which it is not."

Though it is a nonprofit corporation under state law, the agency never 
obtained the required federal tax-exempt status, according to the DEC.

Yonkers Brownfield Solutions is one of a series of semi-autonomous 
corporations set up by Yonkers and its Industrial Development Agency for 
the purpose of pursuing redevelopment. The city works through the 
corporations because they provide protection against lawsuits and other 
liabilities, said Deputy Mayor William Regan.

...

For the entire article, see
http://lohud.com/apps/pbcs.dll/article?AID=/20080505/NEWS02/805050379/-1/SPORTS

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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