Public Hearing – Finger Lakes Railway Corporation — Public Hearing Notice – 12-20-24 – (OCIDA – Finger Lakes Railway)
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NOTICE OF PUBLIC HEARING
             PURSUANT TO NEW YORK GENERAL MUNICIPAL LAW §859-a
               ON PROPOSED PROJECT AND FINANCIAL ASSISTANCE
                                 Finger Lakes Railway Corp.
 Rail parcels throughout the Town of Elbridge, Town of Camillus, Village of Camillus and
             Village of Solvay (Town of Geddes), Onondaga County, New York
 Tax Map #’s: 041.-02-14.0, 041.-03-07.0, 042.-02-10.0, 043.-02-03.0, 044.-03-15.0, 045.-01-
 29.0, 045.-02-10.0, 044.-04-06.0, 001.-01-08.1, 002.-01-03.4, 002.-06-13.0, 003.-05-26.0, 004-
 03-16.0, 015.-04-08.0, 015.-04-08.0/, 016.-09-16.0, 017.-04.-01.0, 017.-05-63.0, 020.-05-21.0,
              024.-01-03.0, 024.-01-13.0, 024.-02-39.0, 025.-02-28.0, 027.-01-27.0
       NOTICE IS HEREBY GIVEN that a public hearing pursuant to Section 859-a of the New
York General Municipal Law will be held by the Onondaga County Industrial Development Agency
(the “Agency”).
Public Hearing Date and Time: December 20, 2024 at 10:00 A.M.
Public Hearing Location: Camillus Town Hall, 4600 Genesee Street, Syracuse, New York.
For assistance or questions regarding the public hearing please contact the Agency.
The public hearing is being held in connection with the following matter:

Finger Lakes Railway Corp., a Delaware corporation on behalf of itself and/or entities formed or
to be formed on its behalf (the “Company”), has submitted an application (the “Application”) to
the Agency, a copy of which Application is on file at the office of the Agency, which Application
requests that the Agency consider undertaking a project (the “Project”) for the benefit of the
Company, said Project consisting of the following: (A)(1) the acquisition of a leasehold interest in
all or a portion of certain parcels of land located in the Town of Elbridge, Town of Camillus,
Village of Camillus and Village of Solvay (Town of Geddes), Onondaga County, New York
(collectively, the “Land”); (2) the construction, reconstruction, rehabilitation, improvement,
installation and equipping on the Land of capital improvements necessary for the modernization
of existing railway facilities including, but not limited to, crossing resurfacing, signal upgrades,
bridge rehabilitation, track and crosstie replacement (the “Improvements” and collectively with
the Land, the “Facility”); (3) the acquisition and installation in and around the Facility and/or for
use in connection with the Project of various machinery, equipment, furnishings and other items
of tangible personal property (collectively, the “Equipment”) (the Land, the Facility and the
Equipment being collectively referred to as the “Project Facility”); (B) the granting of certain
“financial assistance” (within the meaning of Section 854(14) of the General Municipal Law) with
respect to the foregoing, including potential exemptions from certain sales and use taxes, real
property taxes and real estate transfer taxes (the “Financial Assistance”); and (C) the lease (with
an obligation to purchase) or sale of the Project Facility to the Company or such other person as
may be designated by the Company and agreed upon by the Agency.

30308531.1
The Company will be the initial owner and/or operator of the Project Facility. The Agency has not
made a decision with respect to the undertaking of the Project or the granting of the financial
assistance.
The Agency will, at the above stated time and place hear all persons with views in favor of or
opposed to the proposed Project and/or the Financial Assistance being contemplated by the Agency
in connection with the proposed Project. If you do not want to participate in the hearing, but would
like to watch or listen to the proceeding, you may view a livestream of the public hearing online
at:
https://us02web.zoom.us/j/89008451370
A copy of the Application including a cost/benefit analysis is available at the office of the Agency
and on the Agency’s website for review by interested persons. A copy of a recording of the hearing
will be available on the Agency’s website.

ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY
Dated: December 5, 2024
30308531.1