Greece, N.Y. – Controversial tax breaks for the Greece Ridge Mall could be approved on Tuesday.
The County of Monroe Industrial Development Agency, which tabled the measure at its last meeting, is scheduled to discuss the deal. Director Judy Seil said the board could vote.
The deal would keep the mall’s assessment the same for 25 years. Tax payments would rise .6 percent a year.
The Greece school board, worried about the loss of future tax revenue, has threatened to sue if the package is approved. The mall owners say they will not move forward with an $11 million renovation without the tax break.
Seil points out the mall is tearing down the BonTon and building less space in its place.
COMIDA’s meeting is at noon Tuesday at the Watts Building.
