The new valuation would bring the per-unit payment to $95.50 a dwelling, which in our formal request we increased to $100. This is the same per-unit PILOT that the towns of Esopus and Ulster agreed to for Birchez senior housing. Sometime in June of this year, the town attorney communicated to our attorney that the town was prepared to amend the PILOT, which would allow us to pay $200 a year per unit, with a two percent per unit annual increase retroactive to 2008, regardless of whether or not we receive any increases in rent.If I'm reading this correctly, The Birches, under current housing law, should be assessed at under $100 per unit. But the company agreed to pay more than double this amount, and four out of the five board members -- everyone but the addled Myers -- agreed to this new arrangement. So, how is what Myers is doing looking out for the interests of the taxpayers?
In the interest of moving forward, we agreed.
I'm increasingly baffled by this one, folks.