MALONE — The Town Council has given a Malone property owner five years to pay 11 years of back taxes on an airport hangar situated on town-owned land.
Victor Fellion, in an agreement signed April 10, will pay $259.17 a month at 12 percent interest to the Town Supervisor’s Office beginning this month, until he pays off $11,655.40.
That is the amount of unpaid tax that has accumulated on the property since 2002.
The first payment was made, and the final one is due March 1, 2018.
Hangar No. 7, where Fellion keeps an aircraft, is a 1,746-square-foot building on town property at Malone Dufort Airport assessed at $19,200.
Its full-market value is $22,660.
Fellion has been an airport tenant and leased the site from 2002 to 2012, but the lease agreement states the taxes are to be kept current in order for the pact to be in effect.
NO CURRENT LEASE
The town’s airport-lease agreement states rental fees are due the first of each month and that if payment is not received as of the 15th, a 10 percent late fee is added.
If the renter is 30 days late, the agreement is terminated and the hangar must be vacated and all personal property removed.
It also states “tenant hangar owners agree to pay all property taxes associated with said hangar.”
As of Friday, the town still had no signed 2013 lease agreement on file with Fellion for the No. 7 hangar.
The airport has a copy signed by Fellion that was delivered by Town Councilor Jack Sullivan after the first of the year, but it lacks the required notarization to make it binding.
Town Supervisor Howard Maneely declined to sign the lease at the time because it was not notarized and because the town had been informed that Fellion’s required insurance was being canceled for nonpayment.
The insurance has since been paid, and the policy is back in force.