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October 11, 2010 - 1:06pm

GCEDC announces grants and tax exemptions for local projects

posted by Howard B. Owens in batavia, business, GCEDC, pembroke, Stafford.

Here are four recent news items from the Genesee County Economic Development Center:

  • Gov. David Paterson awarded GCEDC a $3.9-million grant to upgrade the short rail line in and around the new Genesee County Agri-Business Park off of Route 5 in the Town of Batavia. The grant money comes from a 2005 bond act for transportation infrastructure in New York. The 202-acre park offers shovel ready industrial land for food processors. Business Facilities Magazine recently named Genesee and Livingston counties as the second-best food processing area in the nation, citing both the Oakta Milk Products facility and the new agri-park in its article.
  • National Grid has awarded GCEDC with $275,000 in grants to further the development of the Buffalo East Tech Park in Pembroke. The 300-acre site is adjacent the Pembroke exit of the Thruway, giving the development area easy access to Buffalo and Rochester. Sixty-seven acres of the park are shovel ready for business development.
  • Sale-tax exemptions totaling $12,000 were awarded to Bruce Scofield, LLC, for reopening a transfer station and recycling center at 8620 Sanders Road, Stafford. The location will serve area residents and businesses with a facility to dispose of waste and recyclables. The facility has been approved by the DEC to receive 150 tons of solid waste per day and 75 tons of recyclables per day. For every $1 of tax exemption, the project is expected to return $141 in public benefit over the next 10 years. Scofield will invest $150,000 in the project.
  • Pineyard Acres, LLC, of 6256 Clinton St. Road, Stafford, is receiving a $29,500 property-tax exemption, a $14,600 sales-tax exemption and a $4,000 mortgage-tax exemption for expansion of its business from 1,400 square feet to 5,600 square feet. For every $1 of tax exemption, the local economy should receive $210 in public benefit over the next 10 years, according to the GCEDC.  Pineyard Acres is expected to invest $335,000 in the expansion.

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