From the Buffalo News:<\/p>\n
The Niagara County Industrial Development Agency is considering tax breaks to help a Canadian company reopen two Niagara Falls hotels.<\/p>\n
The IDA board accepted applications Wednesday from the Merani Group of Companies, based in Niagara Falls, Ont., for payment-in-lieu of taxes arrangements, or PILOTs, to help it buy the former Inn on the River and the former Fallside Inn.<\/p>\n
In both cases, the Merani Group asked for 15-year PILOTs, but in the case of the Fallside, which may be demolished in whole or in part, the IDA voted to offer as many as five years fully tax-free instead of making the company pay a percentage of the full taxable value.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
From the Buffalo News: The Niagara County Industrial Development Agency is considering tax breaks to help a Canadian company reopen two Niagara Falls hotels. The IDA board accepted applications Wednesday from the Merani Group of Companies, based in Niagara Falls, Ont., for payment-in-lieu of taxes arrangements, or PILOTs, to help it buy the former Inn…<\/p>\n","protected":false},"author":6111,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[29,54,2],"tags":[319,1751,1750,1752,1754,1753],"class_list":["post-6957","post","type-post","status-publish","format-standard","hentry","category-niagara-falls-developments","category-niagara-falls-new-york","category-niagara-falls-news","tag-buffalo-news","tag-fallside-inn","tag-inn-on-the-river","tag-merani-group","tag-ncida","tag-niagara-county-industrial-development-agency"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/posts\/6957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/users\/6111"}],"replies":[{"embeddable":true,"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/comments?post=6957"}],"version-history":[{"count":0,"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/posts\/6957\/revisions"}],"wp:attachment":[{"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/media?parent=6957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/categories?post=6957"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/accessniagara.com\/blog\/wp-json\/wp\/v2\/tags?post=6957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}