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Wednesday, May 21, 2008

New Rochelle Resident Questions Cappelli IDA Tax Breaks

I am a citizen of New Rochelle deeply concerned with the Industrial Development Agency's recent decision to grant Cappelli Enterprises a substantial tax abatement/PILOT. This tax break is explicitly for the costs of reconfiguring New Roc City for retail use. Who is minding the store? Who's job is it to scrutinize these sweet deals?

To read the rest of Ken Lewis letter goto the Journal News linkk below

http://lohud.com/apps/pbcs.dll/article?AID=/20080521/OPINION/805210321/1016/OPINION02