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GREEN LIGHT: Most in favor at IDA hearing on depot deal

Most of the 20 people speaking at a Thursday public hearing supported a short term Payment In Lieu Of Taxes (PILOT) agreement between the Seneca County Industrial Development Agency and prospective Seneca Army Depot owner Earl Martin.

The IDA Board of Directors has already approved an initial PILOT agreement that calls for Martin and his Deer Haven Park LLC to pay $50,000 in lieu of taxes for 2017, the first year of a lease.

If the lease extends to a second year, Martin would pay $75,000. That would be distributed among the towns of Varick and Romulus, Seneca County and the Romulus school district.

Martin would pay the $900,000 purchase price up front. The agreement was the subject of Thursday’s hearing. The IDA board can now vote up or down on a final PILOT agreement, possibly at its March meeting.

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