NORWICH – Bytheway Typesetting Services Inc., located at the Airport Industrial Park in North Norwich, has received a second, 10-year, 60 percent real property tax exemption agreement from the Chenango County Industrial Development Agency.
No public hearing on the matter is required because the exempting amount is less than $100,000, according to Maureen Carpenter, the IDA and county’s economic development director.
The company’s 50 percent co-owner, Betty Bytheway, is also a board member of the IDA. She officially recused herself from any discussion or voting on her company’s request during a meeting of the IDA Wednesday.
Taxing entities representing the county, the district’s school board and the City of Norwich were on hand to be advised of the extension. Norwich City Schools Superintendent Gerard O’Sullivan asked members of the IDA why the tax burden is shifted to others and why the payment in lieu of taxes agreement doesn’t carry a payback clause if, in case, a company’s aims aren’t met.