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May 28, 2007
Yonkers council, mayor spar over Ridge Hill tax deal
The Journal-News
By Hannan Adely
Bruce Ratner's deal for Ridge Hill with the City of Yonkers is making waves again:
A deal allowing a developer to buy out its lease on the Ridge Hill property and to pay three years of taxes up front has roiled City Council members, who say Mayor Phil Amicone has violated the conditions they set on the project.
When they approved new zoning for Ridge Hill last summer, City Council members say they attached conditions to their resolution, including a time schedule for tax payments. The deal between Amicone and developer Forest City Ratner violates the resolution, said Liam McLaughlin, chairman of the council's budget committee.
"It was well thought out by the council and agreed upon, so for the mayor now to just completely ignore this and try to get the comptroller to sign off on (the budget) is just unconscionable," said McLaughlin, R-4th District.
Posted by lumi at May 28, 2007 8:33 AM