Legal Opinion
Glens Falls City School District v. City of Glens Falls Industrial Development Agency
Appellate Division of the Supreme Court of the State of New York
Decided April 7, 1994PublishedCited by 6 opinions
1Opinion of the Court
OPINION OF THE COURT
Cardona, P. J.
In the 1980’s respondent City of Glens Falls in Warren County, through its Urban Renewal Agency, acquired and improved certain real property to induce CB Sports to locate within the City. The project, which cost about $1.6 million, was funded by the issuance of Urban Renewal Agency bonds, payment of which was guaranteed by the City. The property was transferred to a subsidiary of the State Urban Development Corporation and leased to CB Sports, which in 1986 entered into an agreement to make annual "payments in lieu of taxes” (hereinafter the PILOT agreement)…
2Cases cited2 opinions
- Town of Minerva v. Essex County Industrial Development AgencyAppellate Division of the Supreme Court of the State of New York · 1991
- Counties of Warren & Washington Industrial Development Agency v. BoychuckAppellate Division of the Supreme Court of the State of New York · 1985
3Cited by6 opinions
- Board of Education of the Goshen Central School District v. Town of Wallkill Industrial Development AgencyAppellate Division of the Supreme Court of the State of New York · 1995
- Palmateer v. Greene County Industrial Development AgencyAppellate Division of the Supreme Court of the State of New York · 2007
- Hudson Falls Central School District v. Saratoga County Industrial Development AgencyAppellate Division of the Supreme Court of the State of New York · 1995
- Cerro v. Washington County Board of SupervisorsAppellate Division of the Supreme Court of the State of New York · 1998
- Hudson Falls Central School District v. Saratoga County Industrial Development AgencyAppellate Division of the Supreme Court of the State of New York · 1995
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