Posts tagged "Ulster County Industrial Development Agency"

Hugh Reynolds: Wrath of the IDA

It seems the Ulster County Industrial Development Agency is finally getting hard-nosed about underperforming recipients of county-sponsored tax breaks and low-interest loans. At its meeting this month, the IDA board identified nine organizations (out of 45), including a Kingston church, that it said hadn’t lived up to job-creation forecasts made on their IDA applications. Melinda...
Aaron gets deadlines from testy IDA board

Aaron gets deadlines from testy IDA board

After more than six months of on-again, off-again discussions, Ulster County’s Industrial Development Agency has moved formally to terminate developer Steve Aaron’s 2005 Pilot (Payment in Lieu of Taxes) agreement for failure to pay his taxes. Despite Aaron’s pleading for more time to negotiate an agreement, the IDA board’s unanimously approved the resolution at its...
County, city want what they say Steve Aaron owes them

County, city want what they say Steve Aaron owes them

A Kingston developer is headed for a showdown with county economic development officials over his failure to live up to a tax incentive agreement. The dispute between Steve Aaron and the Ulster County Industrial Development Agency over Aaron’s Birchwood Village affordable housing complex could result in the developer losing a lucrative Payment in Lieu of...