Typeset from the PDF of the official document (read by OCR) — headings, motions and recorded votes are detected automatically, so spacing may differ from the original. The official copy governs.
PHONE: 315.435.3770 FAX: 315.435.3669 SYRACUSECENTRAL.COM Meeting Agenda May 9, 2017 8:00 AM Call to Order the Regular Meeting of the Agency A. Approval of Minutes – April 11, 2017 B. Treasurer’s Report C. Payment of Bills D. Conflict of Interest Disclosure Action Items 1. Shining Stars Daycare, Inc. (3101-17-02B) Shining Stars Daycare, Inc. is requesting the Agency enter into a straight lease transaction for the project consisting of the construction of a new approximately 15,000 square foot daycare center, parking lot and playground on 4.35 acres of land at 4595 Enders Road in the Town of Manlius. Agency Action Requested:
a. A Resolution of the Board describing the proposed project and the financial assistance the Agency may provide. Agency benefits requested include exemption from sales and use tax and the mortgage recording tax.
b. A Resolution of the Board authorizing the holding of a public hearing with respect to the project c. A Resolution of the Board authorizing the execution of the Agent Agreement outlining the responsibilities of the Project Applicant and Agency for the Project.
Representative: Stella Penizotto, Shining Stars Daycare
Old Thompson Road, LLC (Feldmeier Equipment) is requesting the Agency issue its revenue bonds in furtherance of the project and enter into a straight lease agreement for the project consisting of construction of a 130,000 square foot building that will house its offices and a streamlined manufacturing facility on 17 acres of vacant land in the Town of DeWitt.
Agency Action Requested:
a. A Resolution of the Board describing the proposed project and the financial assistance the Agency may provide and authorizing a public hearing for the project. Agency benefits requested include a Payment in Lieu of Tax Agreement, exemption from sales and use tax and the mortgage recording tax issuance of its revenue bonds.
b. A Resolution of the Board authorizing the execution of the Agent Agreement outlining the responsibilities of the Developer and Agency for the Project.
Representative: Sarah Stephens, Synapse
Status of the OBG work Representative: Steve Eckler, OBG Adjourn