Council Approves PILOT Agreement For Gateway Lofts Project
The Gateway Lofts project being worked on by Southern Tier Environments For Living took another step forward Monday night at the City Council’s voting session. City council had a resolution up for discussion under new business regarding entering into a payment in lieu of taxes agreement with STEL for the project, which would result in STEL providing $70,116.48 to the city each year for a period of 15 years with a zero percent increase. Steven Ald with STEL spoke to the council briefly before the resolution was discussed, thanking the city for their continued support of the project, ...