Second IDA public hearing tonight on Afton tax break

AFTON – Following requests from town residents and officials, the Chenango County Industrial Development Agency will be holding a second public hearing tonight at the Village of Afton library on a proposed agreement that would give tax breaks to a lumber company.
Wagner Lumber Inc. has asked the IDA to grant it a payment in lieu of taxes (PILOT) agreement as an incentive to take over a struggling saw mill in Nineveh.
The deal would be worth an estimated $197,000 for Wagner over the next decade. They would pay no property tax in the first year of the ten-year agreement.
At the first public hearing in September, around 20 to 25 Afton residents asked the IDA to hold a second public meeting, claiming they were not adequately notified of the first hearing, and that it was held at an inconvenient time (10 a.m. on a weekday) and location (town hall).
Several residents also opposed the idea of a private company receiving tax breaks in a town that already has a struggling tax base.
Employees at Pomeroy Lumber, the company Wagner is looking to purchase, say that if they aren’t bought out, their jobs will be lost and the town economy would be further weakened.
Tonight’s meeting will be at 7 p.m. in the Susquehanna Room at the Afton Village Library.

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