Quantcast

A-B InBev to receive PILOT proposal for Lysander brewery

— After nearly nine months of negotiations, Anheuser-Busch InBev may have its Payment In Lieu of Taxes agreement.

In December, the Baldwinsville Central School District, the town of Lysander and Onondaga County entered into an agreement with the company to end a dispute over the assessed value of the Lysander brewery. All parties entered into the agreement to keep A-B InBev as a thriving business in the community as well as sustain quality educational programs in the school district. In addition to reducing the assessment from $96 million to $75 million, the agreement also included entering into “good faith” negotiations to discuss a PILOT agreement.

On Monday, Aug. 8, Lysander officials held an executive session where they came to a consensus to support the proposed PILOT. On Friday, Aug. 12, the Onondaga County Ways and Means Committee endorsed the proposed PILOT in an 8 to 0 vote. Members of the Baldwinsville Central School District’s Board of Education were reviewing the proposal as of Monday, Aug. 15, with the possibility of supporting the PILOT and forwarding the terms on to A-B InBev for approval.

Should A-B InBev approve the proposed terms, the next step would be the crafting of a legal document, which the Onondaga County Industrial Development Agency would be instrumental in creating. All four parties would then need to approve the agreement before the PILOT is put into place.

No details regarding the PILOT were available at the time of this report. For updates, visit baldwinsvillemessenger.com.

Erin Wisneski is the editor of the Baldwinsville Messenger. To contact her, email editor@baldwinsvillemessenger.com.

0
Vote on this Story by clicking on the Icon

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment