Monday, July 16, 2012

NEWS BLOG: Greece Ridge Mall on tomorrow's Comida agenda

Posted By on Mon, Jul 16, 2012 at 3:36 PM

When the county Industrial Development Agency meets tomorrow, it will again discuss proposed tax breaks for Greece Ridge Mall.

Last month, COMIDA's board delayed its decision on the proposal. The deal would limit future increases on the mall's property taxes for 25 years. The Wilmorite subsidiary that owns Greece Ridge Mall plans to redevelop the former Bon-Ton space into smaller units.

Greece School District officials have objected to the breaks because the district stands to lose several million dollars in tax revenues.

An agenda for tomorrow's meeting doesn't specify whether there will be a vote. But COMIDA director Judy Seil told WHAM that the board could vote on the deal tomorrow. The meeting starts at noon at the Watts Conference Center, 47 South Fitzhugh Street, downtown.

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