[CPEO-BIF] Batavian, New York "PILOT" funding

[Lenny Siegel <lsiegel@cpeo.org>]

County committee gives nod to city's economic development proposals

by Howard B. Owens 
Batavian (NY)
February 4, 2016

A plan hatched by the City, the Batavia Development Corp. and the Genesee County Economic Development Center to redirect some money generated by economic development into brownfield area cleanup received the support Wednesday of the county's Ways and Means Committee.

The committee approval means the proposal will be voted on by the full County Legislature at its next meeting.

The plan, unique in the state, called Batavia Pathway to Prosperity, will create a fund from PILOT (payment in lieu of taxes) payments that can be used for environmental clean up on properties within the city's brownfield opportunity area, a 366-acre designation covering the city's core.


…

For the entire article, see
http://www.thebatavian.com/howard-b-owens/county-committee-gives-nod-to-citys-economic-development-proposals/114106

--

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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