Syracuse (N.Y.) Orthopedic Specialists withdrew its request for $1.7 million in tax breaks, after several organizations and the Onandaga County Legislature chairman opposed the request, Syracuse.com reports.
Here are five things to know:
1. While opposed to the larger tax incentive package, the agency approved a $522,790 sales tax exemption.
2. Onandaga County Comptroller Robert Antonacci and Donald Keegan, associate superintendent of the North Syracuse Central School District, spoke against the tax break for Specialists' One-Day Surgery at a Jan. 5. public hearing. Mr. Antonacci claimed that the exemptions would violate New York State's "anti-piracy" provision, which governs industrial development agencies and prohibits them from giving benefits to projects that would lead to a business moving from one part of the state to another, unless there is concern that the business would move out of state.
3. The Onandaga County Industrial Development Agency will vote on Syracuse Orthopedics Specialists' application on Jan. 9, although it will not vote on the tax exemptions.
4. Mr. McMahon, with the Legislature's approval, appoints the development agency and has made his position known to the agency staff.
5. Syracuse Orthopedics Specialists plans to convert its current surgery center into a pain management facility. It estimates the cost of the new surgery center at $13.5 million.
Note: This article was updated to reflect the group's deicision to withdraw their request for a tax break.
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