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Nassau Standard

Thursday, November 14, 2024

CITY OF LONG BEACH: IDA Hearings on Superblock

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City of Long Beach issued the following announcement on July 31

Please be advised that the Nassau County Industrial Development Association (IDA) will hold two virtual hearings on the proposed tax abatement for Engel Burman’s development of the Super Block property.  The IDA hearings will be held on Thursday, August 6 at 6:00pm and Friday, August 7 at 10:00am via zoom.  Residents are strongly encouraged to register for these hearings, which can be done via the IDA’s website -  https://nassauida.org/.

Please note: We are also working with the IDA to identify a location where these hearings can be held in-person, safely and in accordance with COVID-19 guidance. We will update if such a facility is secured.

Engel Burman’s application to the IDA

Fiscal Impact Analysis by Camoin Associates Commissioned by the Nassau County Industrial Development Association.

Fiscal Impact of Long Beach City Government incoming taxes of proposed pilot vs. anticipated city expenses of development. Prepared by Capital Markets Advisors. Commissioned by the City of Long Beach.  

IDA’s Notice of proposed deviation from Uniform Tax Exemption Policy

IDA’s Notice of public hearings regarding proposed project and financial assistance

 Camoin Fiscal Impact Analysis

 Fiscal Impact

 Proposed Deviation

 Notice of Public Hearing

Original source can be found here.

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