Letchworth Valley Campground & Resort, LLC
Company History
William Proietti, owner of Marimax Properties, Inc., proposes to purchase the vacant campground in Pike, NY and reopen after remodeling and upgrades to existing structures and the addition of 50 tent sites, with and without electric and water. The facility is expected to draw visitors from out of the area for family camping experience and will include recreational areas, a gift shop, food, firewood and other sundry’s.
Project Description
The existing camp ground is on a 147-acre parcel with existing structures and a 26-acre lake. The project includes addition of 25 tent sites with electric and water, 25 tent sites without electric and water, all with fire rings and picnic tables. Remodeling of 5 cabins and re-build of bathhouse and addition of 2nd bathhouse. The total capital investment including the purchase of the property is $1,231,500 in which $589,500 will be for the proposed upgrades and construction.
Request
The Company requests abatement of sales tax on construction materials and non-production equipment, mortgage tax abatement and a PILOT agreement for temporary abatement of property tax using the Tourism Destination project schedule. Approximate value of these incentives is expected to be more than $100,000; therefore, a public hearing was held August 3, 2021 at the Town Hall in Castile. A copy of the Public Hearing minutes is included in this packet.
