MATTER OF R. P. ADAMS CO., INC. v. NIST


72 A.D.2d 908 (1979)

In the Matter of R. P. Adams Company, Inc., Respondent, v. Arthur A. Nist, as Assessor of The Town of Tonawanda, et al., Appellants

Appellate Division of the Supreme Court of the State of New York, Fourth Department.

November 2, 1979


Order unanimously reversed, with costs, and petition dismissed.

Memorandum:

Induced by the provisions of the New York State Industrial Development Agency Act (General Municipal Law, art 18-A, §§ 850-888), offering tax exemption benefits to businesses proceeding thereunder, petitioner entered upon an expansion project in respondents' town. In accordance with that law it planned to convey certain real property to the Erie County Industrial Development...

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