Linda Burns
Business Development Manager
County of Chautauqua Industrial Development Agency
+1 716-661-8900 x8916 burnsl@co.Chautauqua.ny.us
Within City Limits?:
Yes
Property Type:
Building
Property Description:
24,000 SF building on 2.7 acres, 16,000 SF available.
Tax Incentives:
Uniform Tax Exemption Policy (UTEP)
• Abatements and exemptions from sales, use and mortgage recording taxes. The abatement applies to value added by construction or renovation for industrial, commercial and tourism related projects that have a significant impact to Chautauqua County.
• Payment in Lieu of Tax (PILOT) Agreement. Real property tax abated for manufacturing, commercial, adaptive reuse and tourism projects.
Financial Incentives:
AL Tech Revolving Loan Fund
• Below market, fixed interest rate – currently 4%, subordinated loans for fixed asset or working capital needs. Economic Development project financing for companies investing in Chautauqua County.
Chautauqua Revolving Loan Fund (CRLF)
• Below market, fixed interest rate – currently 4%, subordinated loans for private projects that create or retain jobs. The purpose of the CRLF is to foster and maintain economic growth in Chautauqua, Cattaraugus and Allegany Counties.
Office in rear of building3,500 SF available in rear of building