Developer Steve Aaron has met the deadline for paying nearly $77,000 due for 2010 on his Birchwood Village housing complex under a payment-in-lieu-of-taxes, of PILOT, deal.So, the check was seven cents short? I think Kemble should investigate this immediately. Probably another nefarious plot by Aaron. I'm sure he'll get to the bottom of it one of these days.
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On Wednesday, Aaron’s latest deadline, an Ulster Savings Bank check for $76,937.30 was hand-delivered to the city of Kingston, which will pass part of the money to the other two entities that tax properties in the city: the Kingston school district and Ulster County.
The amount paid was actually 7 cents short of what Aaron owed, but the head of the Industrial Development Agency seemed unfazed.
Or maybe it was a simple clerical error? Yeah, I know. Aaron couldn't be reached, yadda, yadda.
Maybe Jonah Mandelbaum knows where Aaron hid the seven cents?