Common Contracts

PAYMENT IN LIEU OF TAX AGREEMENT

Payment in Lieu of Tax Agreement • March 29th, 2024 • New York

• Contract Type
  Payment in Lieu of Tax Agreement
• Filed
  March 29th, 2024
• Jurisdiction
  New York

THIS PAYMENT IN LIEU OF TAX AGREEMENT dated as of February 27, 2023 (the “Agreement”) by and between the CITY OF MECHANICVILLE AND TOWN OF STILLWATER INDUSTRIAL DEVELOPMENT AGENCY, a public benefit corporation of the State of New York and having its office at the Municipal Building, 36 North Main Street, Mechanicville, New York 12118 (the “Agency”), and BEST AVENUE VENTURES, LLC, a limited liability company organized and existing under the laws of the State of New York having an office for the transaction of business located at 211 N. Main Street, Mechanicville, New York 12118 (the “Company”);