Press release:
The Board of Directors of the Genesee County Economic Development Center (GCEDC) will consider a final resolution for Darien Lake Theme Park Resort’s Tourism Destination Project as well as an initial resolution for Mega Properties, Inc.’s Koolatron project, at its March 3 board meeting.
Darien Lake Theme Park Resort is planning to add two new park attractions, including a six-flume water slide and new roller coaster train for its 2016 operating season. The projected capital investment for both park projects is approximately $2.8 million. The company is seeking a total of $189,200 in sales tax exemptions for the construction and installation of the new rides and enhancements.
The board will also consider an initial resolution for Mega Properties, Inc., which provides distribution services to the United States for Koolatron Corporation, a Canadian-based manufacturer of consumer goods. The company’s distribution center has operated in Batavia since 1979 and plans to add 25,000 square feet to its existing facility in order to increase production.
The GCEDC Board meeting will take place at 4 p.m. and is open to the public. Meetings are held at the Innovation Zone Conference Room at MedTech Centre, 99 MedTech Drive, Batavia, on the first floor, across from Genesee Community College.
It's time for GCEDC to STOP
It's time for GCEDC to STOP picking and choosing "preferred recipients". How about ALL existing businesses in Genesee County who have employee(s), get tax exemptions.
I think it's a no-brainer that Darien Lake Theme Park is wealthy enough already and will make the planned additions to it's property without any additional 'tax abatement"!
In the case of Mega Properties, why give tax breaks to a foreign company that sells a product which ultimately adds to the country's Trade Deficit and shipping the Corporate profits out of the country [to it's headquarters in Canada]???
the six flume waterslide is
the six flume waterslide is already under construction so the gcedg can say NO and construction will continue, however I believe the rubber stamp has been inked.
Because of the high taxes in NYS, the State has created these EDGs and IDAs. They actually created high paying jobs, boards, to cut each others throat to give corporate tax breaks in order to attract business and the people who actually work for a living have to subsidize these businesses.
I for one am sick of it. I vote and that doesn't change anything. There is nothing any of us can do but keep paying and you will pay or your assets will be seized.
Meanwhile the EDG or IDA board is on a junket somewhere learning how to better give tax breaks to million dollar stock market corporations..