MATTER OF WAGNER & STOLL, LLC v. CITY OF SCHENECTADY

515895.

107 A.D.3d 1225 (2013)

967 N.Y.S.2d 238

2013 NY Slip Op 4413

In the Matter of WAGNER & STOLL, LLC, Respondent, v. CITY OF SCHENECTADY et al., Respondents. SCHENECTADY CITY SCHOOL DISTRICT, Proposed Intervenor-Appellant. (And Another Related Proceeding.)

Appellate Division of the Supreme Court of New York, Third Department.

Decided June 13, 2013.


Stein, J.

In March 1999, petitioner entered into a payment in lieu of taxes (hereinafter PILOT) agreement with the City of Schenectady Industrial Development Agency with respect to certain real property that was exempt from real property taxes (see General Municipal Law § 874; RPTL 412-a).1 Under the PILOT agreement, petitioner was obligated to make annual payments to various taxing entities, including the Schenectady City...

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