Niagara Gazette

Local News

March 6, 2013

Hotel projects debated

Niagara Gazette — Proposed tax break agreements for a pair of hotel projects in downtown Niagara Falls faced some opposition during public hearings held Wednesday at city hall. 

The first project - the renovation of the former Moore Business Forms office building on Buffalo Avenue which would be converted into an 84-room Courtyard Marriott - is supported by the city. But, certain aspects of the tax abatement that the building's owners - Indian Ocean, LLC - are seeking are excessive, Mayor Paul Dyster said.

"We think this is a fantastic project and we're going to try to find a way to make it happen," Dyster said when reached by telephone following Wednesday's hearing held by the Niagara County Industrial Development Agency. "But, we want to get what we can for the taxpayer."

Clara Dunn, a representative from the city's economic development department read a statement into the record on behalf of the city during the NCIDA hearing. The public hearing is a precursor to a formal vote on the application for financial assistance through the agency.

"The city of Niagara falls cannot, as a general rule, support any enhanced (payment-in-lieu-of-taxes agreement) without clear economic justification," Dunn said.

Indian Ocean, LLC is owned by the Patel family, which owns and operates the Econolodge on Buffalo Avenue. The Patels have applied for an Opportunity Zone Program abatement and a 15-year PILOT, meaning they would pay no taxes or have a reduced tax rate on the Marriot property for 20 years.

The NCIDA has estimated that the company would receive about $1.1 million in tax breaks during the time period. The owners of the new hotel have committed to creating what amounts to 28 full-time jobs, according to the project summary from the NCIDA.

Dyster said the project should be eligible for the standard 10-year PILOT, but not the 15-year deal normally reserved for industrial projects.

Text Only | Photo Reprints
Local News
Featured Ads
Seasonal Content
House Ads
AP Video
Ariz. Inmate Dies 2 Hours After Execution Began Crash Kills Teen Pilot Seeking World Record LeBron James Sends Apology Treat to Neighbors Raw: Funeral for Man Who Died in NYPD Custody Migrants Back in Honduras After US Deports Israeli American Reservist Torn Over Return Raw: ISS Cargo Ship Launches in Kazakhstan Six Indicted in StubHub Hacking Scheme Former NTSB Official: FAA Ban 'prudent' EPA Gets Hip With Kardashian Tweet Bodies of MH17 Victims Arrive in the Netherlands Biden Decries Voting Restrictions in NAACP Talk Broncos Owner Steps Down Due to Alzheimer's US, UN Push Shuttle Diplomacy in Mideast Trump: DC Hotel Will Be Among World's Best Plane Crashes in Taiwan, Dozens Feared Dead Republicans Hold a Hearing on IRS Lost Emails Raw: Mourners Gather As MH17 Bodies Transported Robot Parking Valet Creates Stress-free Travel Raw: Fight Breaks Out in Ukraine Parliament
House Ads
Night & Day
Twitter News
Follow us on twitter
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Front page

Do you think cigarette sales to non-Native American customers should be taxed on reservations?

Yes. Items should be taxed like they are everywhere else.
No, the indian reservations are sovereign land and they are selling them on their land.
Not up to me. Native Americans decide the rules on their land.
Don't care. Smoking isn't good for you.
     View Results