Ulster County Legislature VOTED IN FAVOR of the Kingstonian PILOT 17-6
Last Night, the Ulster County Legislature VOTED IN FAVOR of the Kingstonian PILOT 17-6. They voted in favor because they understood the value of the PILOT to our community. They understood that no-one is losing tax revenue, and no-one is paying more in taxes - IN FACT the opposite it true. The benefits the Kingstonian will be bringing to the community outweigh the PILOT. Unfortunately, because of the complexities of this particular PILOT and [...]
Ulster agency, in separate Kingstonian study, says project will benefit economy
Original Article By William J. Kemble, correspondent October 21, 2020 KINGSTON, N.Y. – Ulster County Industrial Development Agency officials expect that $3 will be returned to the local economy for every $1 provided to Kingstonian developers in tax breaks and grants. The estimate was provided Wednesday in a cost-benefit analysis of the $54.9 million project released by the agency as part of the information given to the county Legislature, which is also reviewing a [...]
AN INTERVIEW WITH KINGSTONIAN DEVELOPERS
Kingstonian Developers, Brad Jordan and Joe Bonura provide a straightforward, upfront update about the project’s status on Kingston Community Radio on October 8, 2020. Hosts Scott Herrington and Guy Greco ask the questions necessary to bring clarity for the listeners about the project’s community benefits and the need for a PILOT. Also, an interesting insight into Joe Bonura’s family background. He explains how through the hard work of his family their business grew from [...]
Kingstonian Tax Benefits to The Community (A Must Read)
Possibly one of the most significant points of interest to Ulster County and the Kingston Consolidated School District (KCSD), is the long-term revenue gains that will be realized if the Kingstonian project is approved and built. With a total net tax gain to Ulster County of nearly $66 Million and over $40 Million to the KCSD over a 50-year period, the Kingstonian provides an extraordinary tax revenue opportunity. Take a look at the attached [...]
Your Voice of Support is Important
Call-To-ActionWe need your voices of support to reach the Ulster County Industrial Development Agency’s at the Upcoming Public Hearing that will be held on October 1, 2020, at 7pm via Zoom.The Public Hearing will be held electronically via conference call and video conference. Members of the public may participate in the Public Hearing and comment on the Project by dialing in the telephone number: (646) 558-8656 and entering access code 816 411 196 87 # [...]
10 Key Points
There are a multitude of benefits the Kingstonian project will bring to the community at a very opportune time, all at no cost to the taxpayers. When the benefits are fully understood, we are confident that you will come to the same conclusion as the Common Council and IDA Board and see why turning down the PILOT does not protect or help the taxpayers, but only takes away the many needed community benefits it [...]