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Oneida County "Leasebacks"

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Oneida County offers businesses a "leaseback" or "sales-leaseback" arrangements, see below. They're another tool like Pilots agreements. However, are these equitable contracts for regular taxpayers? Let's track this story and find out...

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March 1991 - This study, called An economic analysis of leasebacks suggests leasebacks are negative...

"Examination of 64 leaseback decisions made by firms during 1979–1987 reveals a significant negative announcement effect."

The Oneida County Industrial Development Agency (OCIDA) offers leasebacks in their Application For Assistance. Has Oneida County offered this deal to any of the developers of the Downtown Hospital Concept? We know that the Brodock Press building has one.

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You can help, please join us on Facebook #NoHospitalDowntown. Also consider adding your voice to Hundreds of People Saying, "No Hospital Downtown". Get to know BUD, that's the future of the Columbia Lafayette Neighborhood!

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No Studies, No Reports, thus we remain #NoHospitalDowntown