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Holley forms LDC to focus on distressed properties

By Tom Rivers, Editor Posted 11 March 2015 at 12:00 am

HOLLEY – The village has formed the Village of Holley Development Corporation to focus on putting distressed properties back on the tax rolls and as contributing assets for the community.

The local development corporation met on Monday and picked its officers with Holley dentist Dan Schiavone to serve as president, Holley veterinarian Krista Wiley as vice president, Mark Monacelli as treasurer and Jenna Amering as secretary.

In addition, Village Trustee Brian Sorochty and Code Enforcement Officer Ron Vendetti will attend the local development corporation’s meetings and assist it with its goals.

The Village Board on Tuesday agreed to allow the Village Hall to be used for meeting space for the LDC.

The group will be focusing on getting eight houses back on the tax rolls that were feared contaminated by Diaz Chemical more than a decade ago. The Environmental Protection Agency owns the houses and has deemed them safe to live in.

The village would like the houses to be given to the LDC, which would then sell them and use proceeds from the sale to fund other redevelopment projects.

Village officials said on Tuesday that the EPA has offered to share 25 percent of the revenue from the housing sales with the village. Holley wants all 100 percent, not only to help fund other reclamation projects in Holley but to make up for years of the having the houses off the tax rolls.

“I would consider we’re miles apart,” said Village Attorney John Sansone.

Village Trustee Connie Nenni said the dollars from the houses “are small peanuts” to the EPA. She suggested the Town of Murray, Orleans County and Holley Central School join the effort in pressuring the EPA to release the houses so they can be sold.

“Everybody wants these back on the tax rolls,” she said. “It would benefit everyone.”

The village could also use the LDC to focus on houses in mortgage foreclosure. Often those houses can sit empty for three to five years. With the LDC, the village could push to have those houses reoccupied, perhaps in about a year.

The LDC could also be useful in redeveloping the former Holley High School, which has been vacant for about two decades, Sorochty said.

In other action Tuesday:

The board accepted the resignation of Timothy Moulton from the Police Department, effective Feb. 27.