 |
 |
 |
 |
#1367845 --- 10/10/12 02:04 AM
Re: Mayor sells out?
[Re: j3668py]
|
Member
Registered: 07/23/08
Posts: 119
Loc: Finger Lakes
|
|
Top
|
|
|
|
|
 |
 |
 |
 |
 |
 |
 |
 |
#1367870 --- 10/10/12 12:01 PM
Re: Mayor sells out?
[Re: Bow Wow]
|
Member
Registered: 10/09/12
Posts: 62
Loc: Finger Lakes
|
1. the toxic waste site 2. sharply increase property taxes 3. water and sewer rates and electric rates and most likely require a 4. increase in local sales tax.
Q 1: Has the toxic waste been removed? If not, who will pay for the removal? Q 2: How will this increase taxes. It sounds like this will increase revenue, and lower the tax rate. Q3: How will more people living in the village raise the utility RATES? I don't get it. Q4: We all know the County controls the sales tax. How will having more people living in the village create a need for a higher sales tax? What am I missing? From what I've read and what I know of basic tax structures ... you would think the additional 30-50 houses (regardless of what they sell for) will bring in a lot of property tax revenue for the village ... especially long-term. I imagine that would easily off-set the cost of infrastructure. If anything these "higher end" homes in a lake front community would draw in people that would also spend more money in and around Penn Yan ... so I imagine the county would benefit from sales tax increases there as well ... not to mention the money these people would spend in the community to boost the local economy as well? I think this development is a no brainer ... that property has some value if done right.
Edited by FLDukes (10/10/12 12:03 PM)
|
Top
|
|
|
|
|
 |
 |
 |
 |
 |
 |
 |
 |
#1430159 --- 12/21/13 05:15 PM
Re: Mayor sells out?
[Re: j3668py]
|
Member
Registered: 11/15/13
Posts: 261
Loc: dresden
|
"J" I went on line and read the Chronicle article, doesn't look like anyone has sold out-yet. The Mayor made it very clear they were just meeting a filing deadline for the no intrest-low intrest loan. He said it doesn't mean they have to actually apply for it if they are approved to go ahead with it.
I do agree with MC that the time is now to get a commitment from Yates County to share sales tax revenue. There is no way the Village residents should be footing over a one million dollar infrastructure improvement so the PY boats site can be developed. Especially if there is going to be lodging, retail or anything that generates revenue for the County that the Village will not benefit from. Residential property expansion does not help the tax base nearly as much as commercial development.
The County and Village should be bending over backwards to get more commerical development going in Yates County.
As it stands now the County will reap all the benefits and the Village residents will be carrying the load!
Yet, Well thinks to the Mayor and trustee Christensen the village will have to borrow $2,000,000 for the county to strike a deal to sell the old boat company, Christensen who was appointed to the town of Milo's justice seat with the help of Supervisor \ Legislature Church for his cooperation in helping the county unloaded the old toxic boat company site at the expense of the village property owners. MG you were right MM doesn't do anything unless he personally benefits from it, Now he is the JUDGE and has the power he has always craved for. The occupancy taxes that the county will now turn over to the village as most counties already do now in NY will only amount to $15,000 a year, and every village property owner and resident will be paying more taxes and higher water, sewage and electric rates. Let's see the county gets rid of it's nightmare, the developer and fiends get a $2,000,000 gift from the village tax payers and they get shafted.
Edited by helpme (12/21/13 05:17 PM)
|
Top
|
|
|
|
|
 |
 |
 |
 |
|
|