Public criticizes proposed tax breaks for stalled resort

By a more than 3-to-1 margin, speakers said they opposed giving tax breaks to help restart construction on the stalled Canandaigua Finger Lakes Resort project.

But after a standing-room-only public hearing, the Ontario County Industrial Development Agency on Monday voted 6-1 to induce the project.

While not a final authorization of a proposed payment in lieu of taxes agreement, or PILOT, the board’s action is necessary for the developer to move the process forward.

Robert Murphy, one of the principals of the project, said this is positive movement and could lead to work resuming as soon as this year.

“It’s a step in the right direction,” Murphy said.

The board is considering exemptions from mortgage recording taxes in conjunction with the financing of the five-story facility, sales and use taxes in connection with the construction and equipping of the facility, and real property taxes.

Daily Messenger:
Read More

Also on FingerLakes1.com