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Bryant & Stratton College gets tax breaks from Amherst IDA
Updated: August 20, 2010, 3:56 PM
The Amherst Industrial Development Agency today granted more than $790,000 in tax breaks to
Bryant & Stratton College to help it move its Amherst campus to a new site on Millersport
Highway.
The college said the $5.9 million project will increase the size of its Amherst facility by
a third and allow it to install additional technology that will improve its teaching and
training programs.
Without the aid, Bryant & Stratton officials said the college would have to delay
implementing some of the new technology, such as messaging services for its students. The
project is expected to create 15 new jobs at the college, which employs 55 full-time and 60
part-time workers.
The agency approved the aid even though offering incentives for educational services
generally is prohibited under the eligibility policy that is used by all of the IDAs in Erie
County.
James J. Allen, the IDA's executive director, urged the board to approve the tax breaks
because one of the state laws governing IDAs that had listed educational services as
ineligible for tax breaks has not been reauthorized by the state Legislature.
Board member Stuart Shapiro cast the lone vote against the incentives, arguing that Bryant
& Stratton officials had given no indication that the project would not proceed without the
tax breaks.
The IDA also granted $2.9 million in tax breaks for a $15.3 million project that will allow
Fidelis Care New York to move its Amherst office to a new location within the town that is
more than double the size of its current facility.
Fidelis Care, which provides government-sponsored health care programs, plans to move its
back office facility, currently in a 40,300-square-foot building in the Audubon Industrial
Park, to a new, 90,000-square-foot building at 480 CrossPoint Parkway.
Fidelis Care expects to create 138 new jobs within the next two years, bolstering a payroll
that now tops $20 million annual for its current 429 full-time and five part-time workers.
Fidelis Care officials said the company has outgrown its current office at 40 John Glenn
Drive. The new building will have room to accommodate future growth, while also improving
efficiency by allowing the company to operate from a single facility that has been tailored to
its specific needs.
The IDA also voted to contribute up to $1,000 toward legal fees associated with a lawsuit
that the New York State Economic Development Council may launch against a new tax on
industrial development agency revenues that will cost the Amherst IDA $44,217 this year.
The Erie County IDA earlier this month agreed to contribute $7,500 toward the lawsuit,
while IDAs in Lancaster and Clarence also have agreed to provide up to $1,000. The new tax has
spawned a groundswell of opposition among local IDA and economic development officials who are
backing new legislation to repeal the tax.
IDA board member Aaron Stanley voted against the contribution. "I just don't believe we
should get involved in a lawsuit," he said.
The IDA also voted to amend its policy for charging fees on tax-exempt financing projects,
reducing its normal 1 percent charge to 0.5 percent for projects that only receive a mortgage
tax exemption. Projects receiving property tax breaks still will be charged a 1 percent fee.
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