The Henderson meeting was a typical example of a cookie cutter Article 10 meet and greet ,replete with the wind developers ,doughnuts and coffee. What distinguished last nights meeting from others I have attended was the presence of Don Alexander.
Alexander is the CEO of the Jefferson County Industrial Development Agency (JCIDA ). The JCIDA is the entity that negotiates a PILOT deal with the developer.
A PILOT allows a developer to pay a small fraction of the project’s net worth to a taxing jurisdiction instead of paying their fair share of property taxes. In the case of Hudson’s Galloo project they would be paying approximately one third or 30 cents on the dollar of what they would be required to pay without a pilot. Last night the developers stated that without a PILOT there would not be a project, but they are hopeful that county legislators would be supportive after they learn more about the project.
|Don Alexander & Bill Moore|
Alexander’s presence at last nights meeting was troubling considering he has been at the center of controversy concerning a PILOT for the Galloo project, having been accused of misrepresenting and manipulating legislative support for the project. Alexander has been told in no uncertain terms that the legislature opposes a PILOT for the Galloo project. In light of methods deployed by Alexander in the past it doesn’t take much to figure out what he was discussing with Moore does it?