The Town of Union hereby consents to and approves of the City of Binghamton,
on behalf of the aforementioned municipalities, submitting to the Commissioner
of Economic Development for the State of New York an application for the creation
of an economic development zone within a certain area of the aforementioned
municipalities.
[Amended 8-2-1995 by L.L. No. 8-1995; 8-21-2002
by L.L. No. 7-2002; 12-7-2005 by L.L.
No. 8-2005]
The area of the Triple Cities Economic Development Zone, within the
Town of Union, is set forth on the maps entitled "Triple Cities Empire Zone,"
Exhibits A, B and C.
The Town of Union hereby agrees, upon the approval of the aforementioned
economic development zone, to provide local tax and other incentives, pursuant
to Real Property Tax Law § 485-e, to properties within the economic
development zone.
The zone certifier required by the Economic Development Zones Program
shall be an employee of the Broome County Industrial Development Agency until
such time as an Economic Development Alliance is established.
The Economic Development Zone Administrative Board shall have a membership
of 13 individuals and shall include a representative of organized labor, a
financial institution, an educational institution, an employee or officer
of the Town of Union, the City of Binghamton and the Villages of Endicott
and Johnson City. There shall be appointed from the City of Binghamton and
the Villages of Endicott and Johnson City representative(s) from a community
organization, a resident of the zone and a business owner.
[Added 9-20-1995 by L.L. No. 10-1995]
A. The procedures and criteria listed below are adopted
to make economic development zone tax benefits available to businesses relocating
to the Town of Union's portion of the zone (excluding portions in Endicott
and Johnson City) from within the town.
B. The applicant business must submit to the Triple Cities
Economic Development Zone Coordinator an application for zone certification
with a brief narrative and evidence it has moved or is moving into the zone
and meets one of the following criteria:
(1) A business is at a location which:
(a) Has been or is being acquired or is under threat of acquisition
by eminent domain; or
(b) Is in an area undergoing changes in development or urban
planning goals and that business is no longer a suitable or appropriate use
in that area.
(2) An existing business is expanding and has insufficient
or inappropriate space at its present location.
(3) An existing business is leasing or otherwise occupying
space which it does not own and has acquired a facility within the zone.
(4) The existing business is operating out of a person's
home and is seeking to relocate outside the home.
(5) The proposed location better meets the goals of the applicant's
business plan.
C. The Triple Cities Economic Development Zone Coordinator
is hereby authorized to approve certification eligibility for such businesses
when they meet any one of those criteria.