Want a good example of IDA Success here in Lancaster!
On Lancaster's IDA website, this is shown under "Business & Industry"
Click on the picture to enlarge!
The building sits mainly vacant, costs taxpayers millions, created no new employment, pays no property taxes and was arrange by Supervisor/IDA Chair Bob Giza and Town Council.
Heres more info from Uncle Bobbies
"Invitational Discount Agency"
Through the use of industrial revenue bonds, the Lancaster Industrial Development Agency (LIDA) can construct facilities for a term and at a price sufficient to amortize the necessary bonds.
Advantages to this approach, utilizing taxexempt revenue bonds, include the ability to write off annual lease costs and the ability to secure a more favorable interest rate.
Real property tax incentives are generous and require no negotiation. Please ask to review them with us.
Development & Planning
Teamwork, planning and innovation are part of the Lancaster tradition. A master plan of action , compiled by a team of land planners and engineers, assures a compatible formula for industrial, commercial and residential growth.
Development is closely coordinated for orderly expansion and providing all facilities and town services at the time of occupancy.
Land zoned for industrial use has been carefully selected to provide immediate access to existing or planned transport routes.
Lancaster is 42 square miles. This area is uncrowded but not underdeveloped. We have the land and services to absorb growth.
There are very few topographical limitations that could restrict development.
Practically all sites are on flat and dry land. We have planned for growth in Lancaster and we encourage it! More that 5,000 acres of land has been protectively zoned for industry.
Please as far as most LIDA hand outs, just go to the NYS Board of Elections website.
Many individuals and company's on the the Lancaster Democratic donors/campaign contributions lists are related to almost every IDA you find.
As I said many times, Lancaster has a Town History and a well documented "Political/Economical History"
But, I guess maybe if the Party Boss can create enough tax funded positions - they wont need the other taxpayers - they obviously don't worry about us now!
Like Uncle Bobby says, "Don't like what we do, vote with your feet!"