You are 100% correct Alias. The thread was hijacked and it's original subject is important to many who live in the area.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Although the details haven't been released yet, the loss of revenue and the fact that the overpayment is gonna have to be reimbursed, this is definitely create some chaos.....................who's up for re-election on the town board this year? ........................can't wait to see the budget..........
who's up for re-election on the town board this year? ........................can't wait to see the budget..........
Nobody this year. Town board elections are odd years. Next year is Buffardi, Calder and Martin, I believe. Supervisor is up every 2 years. Not definitely sure on the other two.
IT'S ANOTHER GOVERNMENT CONSPIRACY BEING SHOVED DOWN OUR THROATS BY THE KGB OPERATIVES EMBEDDED IN THE US GOVERNMENT THAT OPPRESS NATIONS AROUND THE WORLD WITH THEIR MILITARY MIGHT EXERCISING MURDER FOR HIRE AND TARGETING FLAG SALUTING DISSIDENTS!!!!!
I think GE made the J79 engine for the F4 Phantoms, I'm sure you know exactly how those engines sound when being called in for an airstrike on some gook village. Estimated 2 million Vietnamese dead and 58K Americans, and GE making BILLIONS to make it all possible. We should have a parade for GE.
lests not forget the M134 Minigun like those on display in the war museum in Siagon - with GENERAL ELECTRIC Stamped right on them - company pride - Ra Ra Ra!
yeah that was in the Gazette article this morning.........thought ya knew
It's not in the portion that was posted, and I don't subscribe to the Gazette, so I had no clue. I'll still be at work anyway, so maybe some of you septi- and octi-genarians and/or our resident quinquagenarian who has nothing better to do than sit in his basement will have a chance to get there and update us how this is the most wonderful thing.
GE to pay $49 million in taxes under PILOT agreement with Rotterdam, Schalmont, county Wednesday, June 20, 2012 By Justin Mason (Contact) Gazette Reporter
ROTTERDAM — General Electric will pay about $49 million in taxes to the town, county and Schalmont school district under a 10-year payment-in-lieu-of-taxes agreement expected to be approved by all three entities today.
The agreement will set the value of the 322-acre property at $132 million, which is a $6.5 million reduction from the most recent town assessment. The new assessment will mean General Electric is owed money from all three entities, but the company agreed to waive interest on the refund and allow the town, county and school district to split the repayment over the 10-year duration of the PILOT agreement.
“This agreement eliminates costly litigation and sets the stage for a new partnership between Rotterdam and GE,” Supervisor Harry Buffardi said in a statement released this afternoon.
The amount of the refund owed by the three taxing entities was not immediately clear this afternoon. Despite the assessment reduction, General Electric will pay $4.8 million in taxes on the property or the amount it would owe if it were valued at $141 million during the first five years of the agreement. These payments increase to $5 million per year during the last half of the agreement, an amount that is equivalent to the taxes General Electric would pay were the property valued at $146 million.
Rotterdam and General Electric have legally sparred over the assessed value of the company’s property along Interstate 890 since 1983. The swath of land includes the company’s 1-million-square-foot-plus steam turbine plant known as Building 273, which was toured by President Barack Obama in 2011.
lests not forget the M134 Minigun like those on display in the war museum in Siagon - with GENERAL ELECTRIC Stamped right on them - company pride - Ra Ra Ra!
Not what I heard SuzyQ. The Assessor apparently opened up a can of wupass on Booby Godalewski and b**ch slapped his boney a** all over the town board room. Good for Jr. Booby had it coming.
Not what I heard SuzyQ. The Assessor apparently opened up a can of wupass on Booby Godalewski and b**ch slapped his boney a** all over the town board room. Good for Jr. Booby had it coming.
bobby always has it coming - zzzzzzzzzzzz
maybe you forgot one of our assessors said this back in 2000 about GE he was a REP appointment recommended by the master plumber
"maybe for the first time in along time they'll be paying their fair share"
but it is the town board that lets this stuff happen the board appoints the assessor
hire one who will do the job requardless of who the propertry owner is
assessors should shut the Fu(k up
i may not agree with the current admin about all the meetings on one day and the lack of openness but at least they watch what they say - the super has some of them in control
these issues are the responsibiliy of the town board for they as a team are the managers of the town
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