News Blog
County wants $814,790.17 from former Medley owner
Monroe County officials are seeking a court judgement of more than $814,000 against Medley Centre's former owner, Bersin Properties.
The request stems from a tax incentive agreement between the dead mall's owner and the Monroe County Industrial Development Agency, Monroe County, the Town of Irondequoit, and the East Irondequoit school district.
Bersin failed to make agreed-upon payments to the governments, which led COMIDA to terminate the agreement, and the governments to seek repayment of the back taxes. State Supreme Court Justice Matthew Rosenbaum ruled that the developer owed the money to the county, but asked for the governments to calculate what, specifically, they're owed. (The amount include attorney fees, interest, and other costs.)
The town and school district haven't announced any filings of their own, but with a lot of money at stake, their requests are surely in the works.
The request stems from a tax incentive agreement between the dead mall's owner and the Monroe County Industrial Development Agency, Monroe County, the Town of Irondequoit, and the East Irondequoit school district.
Bersin failed to make agreed-upon payments to the governments, which led COMIDA to terminate the agreement, and the governments to seek repayment of the back taxes. State Supreme Court Justice Matthew Rosenbaum ruled that the developer owed the money to the county, but asked for the governments to calculate what, specifically, they're owed. (The amount include attorney fees, interest, and other costs.)
The town and school district haven't announced any filings of their own, but with a lot of money at stake, their requests are surely in the works.
