The Genesee County Economic Development Center Board approved the following two projects for tax-abatement assistance:
University Eye/Lassiter Properties, 217 Summit St., Batavia. Planned 1,961-square-foot expansion, six new jobs, total capital investment of $755,000. Sales tax exemption on building materials and supplies of $26,000 and a PILOT tax exemption on the increased value of the property of $52,500 over 10 years.
R & D Electronics, 5272 Clinton St. Road, Stafford. Planned 10,800-square-foot expansion, six new jobs. The company will construct a warehouse facility and move its current electronics repair business into the new space. The company will use its existing space to expand its Ebay sales business selling refurbished and factory returned products. Total capital investment of $312,000. Sales tax exemption on building materials and supplies of $10,800, mortgage tax exemption of $2,500, PILOT tax exemption based on $76,700 of increased property value.
