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GCEDC to approved incentives for one business, accepted two applications at yesterday's meeting

By Howard B. Owens

Press release:

The Genesee County Economic Development Center (GCEDC) approved incentives for Triple O Mechanical in the Town of Bergen and 212 West Main Street Inc. in the City of Batavia at its Oct. 5 board meeting. The agency also accepted applications from Darien Lake and O-AT-KA Milk Products Cooperative.

Triple O will invest $400,000 to expand its existing facility from 6,960 square feet to 14,614 square feet, which will create one new job and retain 19 jobs. The company will receive sales and property tax exemptions totaling approximately $75,000. Triple O provides heating, air conditioning, refrigeration and electrical services for residential and commercial customers.

212 West Main Street Inc. is investing $895,000 for a new Arby’s Restaurant, which will include renovations of the interior and exterior of the existing building as well as the purchase of equipment. While a retail project, the 212 West Main Street project qualifies for incentives since it is located adjacent to a highly distressed area of the city. 212 West Main Street Inc. will receive sales, mortgage and property tax exemptions totaling approximately $66,500.  The new restaurant will create five new jobs.

An application for assistance was accepted by the GCEDC on behalf of Darien Lake Theme Park Resort for a new ride set to open in 2018. Darien Lake is seeking $360,000 in sales tax exemptions as part of a capital investment of $4.5 million. The project will help retain 398 jobs at one of the Buffalo Niagara and Finger Lakes regions most popular resorts.​

The GCEDC board also accepted an application from O-AT-KA for a $4.3 million capital investment for an approximate 20,000-square-foot expansion of the company’s plant on Ellicott Street. The company is requesting approximately $370,000 for sales tax and property tax exemptions.  The project will help retain 308 jobs in the Town and City of Batavia.

Since both O-AT-KA and Darien Lake are requesting incentives of more than $100,000, public hearings for both projects will be scheduled.

“Genesee County continues to see major business growth and investment in our existing companies,” said GCEDC Board Chair Paul Battaglia. “All of these projects send a positive message that Genesee County is open for business and a great place to grow.”

david spaulding

no problem any and all tax breaks are yours for the asking, you're welcome...... board is back on vacation.... all other taxpayers must step up and foot the bill for lost tax revenue....

Oct 6, 2017, 3:59pm Permalink
david spaulding

The project will help retain 398 jobs, The project will help retain 308 jobs..... ok so if the corporate welfare is not granted the company is going to...... go somewhere else? or the company is going to go out of business? bye, see ya.. Will someone summon Steve and his Board of taxbreak give aways and ask for the total up to date amount of taxbreaks given to Darien Lake? it has to be in the millions......to all taxpayers, Monday holiday has been cancelled get your ass to work.

Oct 6, 2017, 4:47pm Permalink

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