Tonawanda News

Business

January 18, 2010

NIAGARA COUNTY: Wheatfield dental office offered tax break by IDA

The Niagara County Industrial Development Agency has agreed to provide tax incentives to a Town of Wheatfield dentistry office, despite concerns raised by some of the agency’s board members.

In a 6-2 vote last week, members of the IDA’s board agreed to enter into a 10-year payment-in-lieu-of-taxes agreement with Wheatfield Family Dentistry, a provider of family dental care that is looking to build a new office at 3349 Niagara Falls Blvd. in Wheatfield. The nine-member board was short one person as member the Rev. Kevin Dobbs did not attend Wednesday’s meeting.

Board members Rob Connolly, business agent for Laborers Local 91, and Michael Tucker, mayor of the City of Lockport, voted against accepting the application for agency assistance.

Connolly expressed reservations about such projects, suggesting they do not offer enough return on the agency’s investment. Connolly said he worried that they also could set a bad precedent, prompting dentists, lawyers, doctors and other professionals to seek tax incentives from the agency for simple office moves.

“I don’t know if we should set our parameters on doing things like this,” Connolly said.

Wheatfield Family Dentistry has been located in rental space at 3571 Niagara Falls Blvd. in North Tonawanda since its inception in 1994. The company sought agency support as it proceeds with plans to build a new 2,500-square-foot dental office at its new location, also on the Boulevard. The project also calls for the construction of a 1,500-square-feet office that will be leased to another tenant. The $690,500 project is expected to allow the company to expand its staff from five full-time to eight full-time workers within two years. IDA officials estimate the annual taxes paid on the raw land at $6,575 and said the dental office will pay estimated annual taxes totaling $22,642 at the completion of the PILOT.

Text Only
Business
Featured Ads
Seasonal Content
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Facebook
Front page
NDN Video
Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase Obama Seeks Limits on US Company Mergers Abroad Large Family to Share NJ Lottery Winnings U.S. Flights to Israel Resume After Ban Lifted Official: Air Algerie Flight 'probably Crashed' TSA Administrator on Politics and Flight Bans Raw: National Guard Helps Battle WA Wildfires Raw: Ukraine's Donetsk Residents Flee Senators Push to End Hamas Threat in Cease-Fire A Young Victim's Premonition, Hug Before MH17 Raw: Deadly Storm Hits Virginia Campground Death Penalty Expert: 'This is a Turning Point' Raw: MH17 Victim's Bodies Arrive in Netherlands