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Medley tax deal could end
Irondequoit, N.Y. -- The message to the owner of the Medley Centre Mall is 'pay up, or the deal is done.'
Delivering that message on Tuesday was the County of Monroe Industrial Development Agency (COMIDA) board at the urging of Monroe County Executive Maggie Brooks. The board approved two resolutions during the meeting.
The first resolution demanded that the Medley Centre's owner, Scott Congel and Bersin Properties, pay the money owed on the current PILOT (Payment-In-Lieu-Of-Taxes) by May 1 or that tax break deal will be rescinded.
The second resolution authorized COMIDA to join with Monroe County's law department to deal with subsequent lawsuit or legal action that results from this action.
According to county officials, Bersin Properties owes just under $3.9 million in PILOT payments and "penalty payments" for not reaching certain investment goals for development at the now-vacant mall property.
Monroe County's action on this is supported by the Town of Irondequoit and the East Irondequoit Central School District. All three are the taxing agencies involved in the current PILOT agreement and the Medley Centre property.