Axispoint made its pitch for the financial assistance this morning at the Westchester County Industrial Development Agency’s monthly meeting. The IDA board voted this morning to authorize its staff to negotiate a deal with Axispoint.
The town no longer needs the empty building at 507 North State Road after it agreed to get its policing from Westchester County and Axispoint has expansion plans.
According to an application filed with the IDA, Axispoint will buy the station for $1,475,000 on December 1 and it will occupy the building with its 31 employees on June 1.
Axispoint, which is based in New York City with an office in Elmsford, has also negotiated a payment in lieu of taxes agreement with the Town of Ossining and its school district. Instead of paying estimated annual property taxes of $59,800.87, Axispoint will pay $18,000 the first year, with the amount rising to $60,000 by the seventh year.
Axispoint estimated that it will spend about $150,000 to adapt the building to its purposes.