This morning, the Monroe County Industrial Development Agency’s board approved a package of property and sales tax incentives for Xerox. Xerox sought the incentive for a potential expansion of its Webster toner production plant. Under the package, Xerox would get approximately $441,500 worth of tax breaks over a 10-year period. The company says it’ll create […]
Monroe County Industrial Development Agency
Posted inNews & Opinion
Cuomo compromises on IDA reform
When Governor Andrew Cuomo proposed a series of reforms for the state’s industrial development agencies, IDA representatives and local elected officials protested. Cuomo essentially wanted to restrict the agencies’ ability to grant exemptions on state sales tax, but local officials said that would rob them of a useful economic development incentive. Well, perhaps predictably, Cuomo’s […]
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COMIDA approves I-Square benefits
During its meeting this afternoon, the Monroe County Industrial Development Agency approved tax exemptions for Irondequoit’s I-Square project and for the potential new owners of the Monroe County Sports Centre. COMIDA approved a “custom abatement package” for the $9.9 million I-Square mixed use project, according to a press release from County Executive Maggie Brooks’ office. […]
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Irondequoit Tops getting tax breaks, too
Last month, I wrote about a Henrietta Tops store that received tax breaks to move from one plaza on Jefferson Road to another. Now a similar scenario is happening in Irondequoit. Earlier this week, the Monroe County Industrial Development Agency approved tax breaks for the market at 1455 East Ridge Road to move to the […]
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College Town gets tax package
The Monroe County Industrial Development Agency has approved a package of tax breaks for the College Town mixed-use development. The University of Rochester initiated the project, which would be located on the west side of Mount Hope Avenue between Elmwood Avenue and Crittenden Boulevard. The project will include a Barnes and Noble, a grocery store, […]
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Irondequoit board backs tax incentives for I-Square
For I-Square, the third time was the charm. Last night, the Irondequoit Town Board voted to support a PILOT – payment in lieu of taxes – for the proposed mixed-use project. Although the Monroe County Industrial Development Agency would provide the PILOT, the Irondequoit Town Board has to approve it. Last night wasn’t the first […]
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Medley, RBTL have theater agreement
Meanwhile, the East Irondequoit school district is pursuing the Medley developer for failing to meet goals.
