GCEDC TO CONSIDER PILOT REASSIGNMENT FOR UPSTATE NIAGARA COOPERATIVE
Written by Alex Feig on May 1, 2019
BATAVIA, NY – The Genesee County Economic Development Center (GCEDC) will consider reassigning the terms of previously approved PILOT agreements for Upstate Niagara Cooperative, which recently finalized the purchase of the former Alpina Foods manufacturing facility in the Genesee Valley Agri-Business Park.
The PILOT agreements would provide local taxing jurisdictions with $378,010 in revenues over the life of the PILOT. Upstate Niagara Cooperative plans to invest $22 million in the facility to meet the company’s operational needs.
The GCEDC Board also will consider a request by New York Craft Malt for a $82,000 loan from the Growing the Agricultural Industry Now! (GAIN) fund. The GAIN loan would be part of a $206,968 investment for the purchase of new equipment and building improvements at the company’s facility at 8164 Bank Street Road in the town of Batavia. The project would create 2 new jobs.
The GCEDC Board meeting will take place at its offices on 99 MedTech Drive in Batavia on Thursday, May 2, 2019 at 4 p.m. The meeting is open to the public.