| Board decrees: NYS&W Railway must pay taxes |
|---|
| The New York Susquehanna & Western Railway Corp.’s tax relief package was cancelled this morning (Oct. 28) by the Oneida County Industrial Development Agency’s Board of Directors at a board meeting in Rome, N.Y., the Observer Dispatch reports. The railroad now will responsible for paying its property taxes on the 26 miles of property it has in Oneida County. The railway had hoped to renew the deal that began in 1982 and saves it about $115,000 a year in taxes, but the agency’s board said the railway had failed to provide enough financial documentation as part of its application. Part of that missing documentation included the financial details of the railway’s deal with New York Regional Interconnect, which wants to build a 200-mile power line that would start in Marcy and run to Orange County. The railway had agreed to allow the power company to build on its property for a fee, but it refused to disclose the financial details of the deal to the agency’s board without assurances that it would not be released to the public. (This item appeared Oct. 29, 2006, in the Observer Dispatch.) |
Is this a case of “whadda ya mean, I gotta play by the same rules as everybody else…I never had to before!” ?
More like “we don’t want this power line built, and we’ll do anything we can to prevent it.” There is tremendous opposition to the power line in that area.
Larry -
This goes quite a bit deeper than just the powerline thing I’m afraid. Not much more I’ll say here though. Not now.
LC