town-of-albion-resolution-approving-depaul-pilot-mou_fab.pdf
DePaul PILOT agreement approved for Albion entities
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Description
Approval of the Memorandum of Understanding (MOU) relating to the Payment in Lieu of Tax (PILOT) agreement with DePaul Albion Housing Development Fund Corporation. The agreement outlines payments made by DePaul to the Town and Village of Albion from 2021 to 2025, and sets forth the apportionment of future PILOT payments among the Town, Village, County of Orleans, and Albion Central School District.
Contract Details
Contract Amount
$5,000 annually for 2021, 2022, $10,000 for 2023, $10,200 for 2024, $10,400 for 2025
Vendor
DEPAUL ALBION HOUSING
Agency
Town of Albion, NY
Contract Type
PILOT (Payment in Lieu of Tax)
Document Date
August 11, 2025
Contract Term
2021-2025
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albion-central-school-district-board-meeting-minutes-2025-09-08_be1.pdf
approvedalbion-town-resolution-approving-pilot-mou-august-11-2025_60f.pdf
approvedMore from Town of Albion
Village of Albion Minutes Regular Meeting 2026-06-10
Village of Albion Minutes Regular Meeting 2026-06-10
Village of Albion Minutes Regular Meeting 2026-06-10
Village of Albion Minutes Regular Meeting 2026-06-10
Village of Albion Minutes Regular Meeting 2026-06-10
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