A small group of residents that live near the Geneva Legion property on Lochland Road feel that the project getting a tax break is not necessary.
Walter Bowyer, among the small group, says that they could get a break that reduces the tax liability up to 50%, and describes the tax break as “corporate welfare.”
Bowyer is a college professor at Hobart and William Smith Colleges, and explains he understands why tax breaks are important for some companies, but in this case they don’t need the tax break to make money.
He said the responsibility for the difference would fall onto taxpayers.
Pine Ridge Construction is hoping to start the construction of a 125 room, 5 story hotel with a restaurant, brewery, and 57 townhomes next March.
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