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Greene Co. renegotiates PILOT agreement after being short-changed for three years

Jan 25, 2021 6:00 am

Sarah Trafton is reporting for Columbia-Greene Media Greene County has negotiated and agreed to receive a lesser payment despite the existence of three-year-old Payment in Lieu of Taxes, or PILOT agreement, for The Mews housing development in Prattsville. The town entered into the PILOT in 2017 with Prattsville Commons Housing Development Fund Company and The Mews at Prattsville Limited Partnership. During the life of the agreement to date, the town has paid Greene County only $158 of its $7,650 share, according to the resolution. Under the newly renegotiated contract, Prattsville will pay the county $6,000 with two percent increases annually for 35 years. Republican Legislature Chair Patrick Linger, of New Baltimore, said because the development is run by RUPCO, a nonprofit organization, the complex would have been exempt from taxes without the PILOT. Linger said, “It’s normally the county that negotiates PILOTs, but this goes the other way because it’s a not for profit. The town receives the PILOT money and disburses it to the fire district, school district and those entities.” Linger said among other issues, the 2017 agreement was not filed properly. Prattsville Town Supervisor Greg Cross did not respond to multiple calls for comment. The county did not make plans to recover the $22,476 owed over the past three years, the chairman said. The Gilboa/Conesville School District has agreed to accept $8,000 instead of the $20,000 allotted in the PILOT, according to the resolution. Read the full story at HudsonValley360 [dot] com.