Mon November 4, 2013
Request for Uniland tax breaks delayed
Some questions are delaying proposals for subsidies to help pay for a new corporate home for Delaware North Companies in downtown Buffalo.
A complicated series of subsidies was set to be discussed Monday morning at the Policy Committee of the ECIDA. Uniland is looking for about $10 million in subsidies to help pay for office space, a hotel and a parking ramp.
The complex would run along Delaware, Chippewa and Elmwood at a cost near $90 million. Developer Carl Paladino says the proposals go well beyond subsidies used by developers like himself.
Deputy County Executive Richard Tobe says the proposals will be discussed in a special meeting in about two weeks.
"The project was not ready. We were still negotiating with the companies about what they were seeking and what the IDA would feel comfortable recommending. And, also what the Common Council and the County Legislature might be comfortable. They also have a role in this if the project goes forward," Tobe told WBFO News.
Tobe says Paladino's objections include claims Albany isn't going to kick in as much in Brownfields tax credits as Uniland is saying and that's being looked into.
County Executive Poloncarz is on record opposed to subsidizing more hotels and Tobe won't say if that's true for the Delaware North hotel.