(From the 6/21/07 West Haven Voice article entitled "Details of Purchase Revealed")
Yale's purchase of the Bayer campus holds promise - in addition to the 70% reimbursement from the PILOT program (Payment in Lieu of Taxes) for taxes not paid by an educational institution, Bayer is pledging to pay $250 per onsite employee per year, or a minimum of $600,000. That's a fair chunk of change.
Did anyone attend the public forum this past June 19 at Bailey Middle School? I'd be interested in hearing what was told.
I wonder what this means for the Science Park properties that Yale owns in New Haven.
Sunday, July 01, 2007
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Has anyone sat back yet and gave any thought besides the Firefighters to see if 1) we are part of the pilot fund program, 2) if we are available for pilot funds , is the pilot program being fully funded,(it hasnt been in the past),and 3) are we going to get any part of the "per employee funds". Seems to us that all kinds of deals were made and never included any West Shore Fire Dist officials. At last check, the Bayer property paid in the area of $450,000.00 in fire Tax. This is a strong blow to the District.
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