City of Geneva Industrial Development Agency Agenda Special Meeting 2026-07-07
IDA Considers PILOT Agreement for PHP GP Holding
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Description
The City of Geneva Industrial Development Agency is considering a PILOT Agreement with PHP GP Holding LLC to provide partial real property tax abatement for a 71,000 square foot residential and mixed-use development at 595 S. Exchange Street. A public hearing is scheduled as the Agency contemplates this financial assistance on behalf of affected tax jurisdictions.
Contract Details
Vendor
PHP GP HOLDING LLC
Agency
City of Geneva, NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2026
Renewal Info
Contemplated new PILOT Agreement; terms, duration, and schedule of payments in lieu of taxes are not specified in the agenda and remain to be determined upon final approval.
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