Mohan is trying to inflict policy based on things he doesn't understand. He wants to stop the IDA from granting incentives on spec office buildings, until the Town's office space is 95% occupied.
In theory it may sound like a great idea. You know the whole "we don't want vacant buildings" thing. But I challenge Mohan to find ONE substantial office building in Amherst that is currently vacant. There certainly is not a glut of them.
Secondly, he doesn't understand the "build it and they will come" theory. If you wait until every bldg is 95% occupied (how you would measure this is another issue), you would never have room for growth for expanding, or relocating companies.
Mohan seeks moratorium on office buildings
Plan would bar IDA on giving tax breaks
By DAVID ROBINSON
News Business Reporter
5/20/2006
Amherst Supervisor Satish B. Mohan is looking to put a damper on office building construction in the town.
Mohan is proposing a resolution that would bar the Amherst Industrial Development Agency from providing tax breaks to any new office building projects until all of the town's existing office buildings are at least 95 percent occupied.
The proposal from Mohan, who has frequently criticized the Buffalo Niagara region's IDAs for granting tax breaks for new projects that encourage sprawl or add to a glut of vacant existing space, would try to keep the Amherst IDA from adding to the surplus of space by encouraging further construction.
IDA officials reacted indignantly Friday to the proposal, arguing that the Town Board has no legal authority to control the agency's policies and warning that the proposal sends a strong anti-business message.
entire article here
http://www.buffalonews.com/editorial...20/1026184.asp



Reply With Quote

Bookmarks