SYRACUSE -- City officials recently approved a development agreement with The Ninigret Group, L.C., covering a proposed project on the city's northeast side.
In their shortest public meeting of the year, members of the city council voted unanimously to finalize the development agreement between the city and Ninigret for 72.6 acres of property east of the power lines near Syracuse High School. The property is zoned for industrial use.
The final approval came with little discussion in a meeting that lasted just 13 minutes.
Discussion of Ninigret and potential development near the high school has consumed hours of work session and city council time the entire year.
An official from Ninigret and outside counsel hired by the city met with the city council earlier in the month in a work session to complete details of the accord.
Attorney Randy Larsen of Ballard Spahr, LLC, described the proposed 15-year accord as a compromise worked out with Ninigret after give and take on both sides of the issue. Larsen described the negotiations as "spirited."
The accord sets parameters for use of tax increment funds generated by the development.
City officials have already approved a budget of $9.1 million for the tax increment over a span of time. Larsen said development officials aggressively sought a vesting of right of city zoning laws, limiting the ability of city officials to come in and change zoning laws in the process of a development.
Ninigret is pressing forward with the 72.6-acre development, after plans to develop property closer to SHS ran into a number of obstacles earlier this year.