When the county Industrial Development Agency meets tomorrow, it will again
discuss proposed tax breaks for Greece Ridge Mall.
Last month, COMIDA’s board delayed its decision on the proposal. The deal
would limit future increases on the mall’s property taxes for 25 years. The
Wilmorite subsidiary that owns Greece Ridge Mall plans to redevelop the former
Bon-Ton space into smaller units.
Greece School District officials have objected to the breaks because the
district stands to lose several million dollars in tax revenues.
An agenda for tomorrow’s meeting doesn’t specify whether there will be a
vote. But COMIDA director Judy Seil told WHAM that the board could vote on the deal tomorrow.
The meeting starts at noon at the Watts Conference Center, 47 South Fitzhugh
Street, downtown.
This article appears in Jul 11-18, 2012.
