Company resolves PILOT issue; Large employer will stay in Port Jervis

Anya Tikka
Posted 8/21/12

PORT JERVIS, NY — Councilman Robert Ritchie, who is liaison to the Port Jervis Industrial Development Agency (IDA), agreed to a deal with the Future Home Technology Inc. over its delinquency with …

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Company resolves PILOT issue; Large employer will stay in Port Jervis

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PORT JERVIS, NY — Councilman Robert Ritchie, who is liaison to the Port Jervis Industrial Development Agency (IDA), agreed to a deal with the Future Home Technology Inc. over its delinquency with taxes, he reported during the Common Council’s September 8 meeting—provided the council agreed.

“The IDA was able to reach an agreement with Future Home Technology and IDA’s attorney will recommend to the city to accept it. Hopefully the city will agree to rescind the action taken at the last council meeting,” he said.

While the council members watched and listened intently, Future Home Technology attorney Randall V. Coffill spoke during the public comment sections, both at the beginning and end of the meeting, asking the council to rescind its decision to start delinquency proceedings against the company that were started with a resolution the council passed previously.

Coffill said, “After the discussion with the IDA, Future Homes Technology will pay the sum of $131.030.88, which is the sum of calculation of payments, interests, penalties, up to and including the 2014–2015 school tax, together with about $6,000 toward attorney fees to the town with the agreement that IDA and the city will rescind its action relative to the lease and to the PILOT payment.”

PILOT (payment in lieu of taxes) is a special tax-reduction program Future Homes Technology has enjoyed for years.

Coffill continued, “I would like to thank the IDA for the hard work they did in setting up a special meeting prior to this meeting today so that we could resolve the issue... Future Home Technology is one of the major employers in the city, and I hope we can now put this issue behind us, and IDA and Future Home Technology will sign an agreement [that] there’s no more dispute between them.”

The council withdrew to an executive session after the regular meeting, and town clerk Robin Waizenegger said the next morning on a phone call that the offer was accepted, and Future Home Technology Inc. will stay in town. At the executive session behind closed doors the council agreed to the terms, which include payment for the legal costs the city incurred.

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