AGREEMENT FOR PAYMENT IN LIEU OF TAXES (PILOT)Agreement • May 20th, 2016
Contract Type FiledMay 20th, 2016dated , 2016, by and among the CITY OF PEEKSKILL, NEW YORK, a New York incorporated municipality, having its principal office located at City Hall, 840 Main Street, Peekskill, New York 10566 (the “City”) and THE LOFTS ON MAIN HOUSING DEVELOPMENT FUND COMPANY, INC., a to-be-formed Article XI New York private housing finance law corporation and a New York not-for-profit corporation, having its principal office located c/o Housing Action Council, Inc., 55 South Broadway, Tarrytown, New York 10591 (the “HDFC”), which HDFC will hold title to the Property (as hereinafter defined) for the benefit of THE LOFTS ON MAIN LIMITED PARTNERSHIP, a New York limited partnership, having its principal office located c/o Parkview Development & Construction, LLC, 34 Clayton Boulevard, Suite A, Baldwin Place, New York 10505 (the “Partnership”).