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 WWW.ONGOVED.COM Meeting Agenda November 10, 2020 8:00AM Call to Order the Regular Meeting of the Agency A. Approval of Minutes-October 13, 2020 B. Treasurers Report C. Payment of Bills D. Conflict of Interest Action Items
SSC is proposing the construction of a 3.5 mega-watt solar project in the Town of Lysander Agency Action Requested:
a. A Resolution of the Board authorizing a public hearing.
Representative: John Switzer, Managing Member, Summit Solar Capitol, LLC 2. 629 LeMoyne Manor, LLC (3101-20-15A): Initial Meeting 629 LeMoyne Manor, LLC is proposing a 102,000 sq. ft. apartment complex in the Town of Salina. The project will be comprised of four buildings with 66 apartments and approximately 6000 sq. ft. of commercial space in one of the buildings. The applicant is requesting exemptions from certain sales and use taxes, real property taxes, real estate transfer taxes and mortgage recording taxes.
Agency Action Requested:
a. A Resolution of the Board authorizing a public hearing.
Representative: David Muraco, President, Empire Management Co.
3. COR Van Rensselaer Street Company II, LLC and COR Van Rensselaer Street Company III, Inc. (3101-15-14A, Sub-Project) COR Van Rensselaer Street Company, II, LLC and COR Van Rensselaer Street Company III, Inc. are requesting a one-year extension of the sales tax exemption.
Agency Action Requested:
a. A Resolution of the Board to extend sales and use tax exemption.
Representative: Catherine K. Johnson, CEO, COR Development Company, LLC 1
Armoured One, LLC is requesting a one-year extension on the sales tax exemption. Agency Action Requested:
a. A Resolution of the Board to extend sales and use tax exemption.
Representative: Theresa Morgan, CFO, Armoured One, LLC
OCIDA Board to approve grants to small businesses and not-for-profits to be used to reimburse costs incurred acquiring personal protective equipment or installing fixtures necessary to prevent the spread of COVID-19.
Agency Action Requested:
a. A Resolution of the Board authorizing grants to qualified applicants pursuant to the COVID-19 Grant Legislation for authorized use up to the amount of $10,000.
Representative: Robert Petrovich, Executive Director, OCIDA Adjourn 2
Onondaga County Industrial Development Agency Regular Meeting Minutes October 13, 2020 A regular meeting of the Onondaga County Industrial Development Agency was held on Tuesday, October 13, 2020 via Zoom Teleconference.
Patrick Hogan called the meeting to order at 8:10 am with the following:
PRESENT VIA TELECONFERENCE:
Patrick Hogan Janice Herzog Steve Morgan Sue Stanczyk Kevin Ryan Victor Ianno Fanny Villarreal
ALSO PRESENT:
Robert Petrovich, Executive Director Nancy Lowery, Secretary Nate Stevens, Treasurer Karen Doster, Recording Secretary Carolyn Evans-Dean, Office of Economic Development Amanda Mirabito, Barclay Damon Law Firm Bradlee Farrin, Milton CAT Tony Mancuso (Patrick Hogan shared information as to how the meeting will be conducted in light of COVID- 19 at the start of the Finance Committee Meeting.) APPROVAL OF REGULAR MEETING MINUTES–SEPTEMBER 15, 2020 and SEPTEMBER
Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board approved the regular meeting minutes of September 15, 2020 and September 22, 2020. Motion was carried. TREASURER’S REPORT Nate Stevens gave a brief review of the Treasurer’s Report for the month of September 2020. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved the Treasurer’s Report for the month of September 2020. Motion was carried.
Nate Stevens gave a brief review of the Payment of Bills Schedule #448.
Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved the Payment of Bills Schedule #448 for $206,895.17 and PILOT payments to Village of East Syracuse for $22,290.45, Baldwinsville Central School District for $1,529,954.00, East Syracuse Minoa Central School District for $220,075.98, Syracuse Central School District for $15,358.48, City of Syracuse for $8,604.73 and Onondaga County for $10,813.25. Motion was carried.
The Conflict of Interest was emailed to Board Members present to sign off.
Nate Stevens stated this is the budget that was just reviewed at the Finance Committee meeting. Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board approved a resolution adopting the 2021 Budget. Motion was carried.
EMPIRE POLYMER HOLDINGS LLC & EMPIRE POLYMER SOLUTIONS, LLC: SECOND MEETING.
Amanda Mirabito stated the Board approved the financial assistance for Empire Polymer Solutions at the July meeting. She stated after the company went through the entire approval process they determined they were going to own the project in the name of a different entity. She stated so out of an abundance of caution we went back and did the approval process again. She stated they came to the September meeting, the Board authorized a public hearing, staff held the public hearing and they are now back here for reaffirmation of a Type II SEQR determination and to reapprove the benefits that were initially approved back in July.
2 Nancy Lowery stated there was one comment at the Public Hearing from County Legislator Ken Bush who was in full support of the project.
Robert Petrovich stated the real estate transaction has closed, the Company now owns the property and is looking forward to getting started with the project.
Upon a motion by Kevin Ryan, seconded by Victor Ianno the OCIDA Board approved a resolution reaffirming the Board’s prior SEQRA determination and authorizing the financial assistance the Agency will provide. Motion was carried.
INC. (DBA MILTON CAT): SECOND MEETING Bradley Farrin stated they received site plan approval from the Town of Cicero. He stated they plan to move part of their operation on Ainsley Drive in Syracuse to a new constructed state of the art Caterpillar facility on Eastman Road. He stated this approval process is one of the remaining items they need to continue on with the purchase of the property and hopefully continue on with the design and construction of the new facility.
Nancy Lowery stated there were no comments at the public hearing.
Amanda Mirabito stated it was determined this project is an unlisted action and no significant adverse effect.
Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing the adoption of the SEQR determination as an unlisted action for the Milton Real Properties of Massachusetts, LLC & Southworth-Milton, Inc. (DBA Milton CAT) project. Motion was carried.
Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing the financial assistance the Agency will provide including exemptions from certain sales and use taxes for the Milton Real Properties of Massachusetts, LLC & Southworth-Milton, Inc. (DBA Milton CAT) project. Motion was carried.
3 A REQUEST FOR PROPOSAL (RFP) FOR LEGAL SERVICES.
Robert Petrovich stated as we do every 3 years we send an RFP out to local law firms that are interested in providing the IDA with legal services as part of its function and scope as an IDA. He stated there is a slate of firms the Agency can use in a primary capacity and also in a conflict capacity. He stated the RFP has been reviewed by staff and consistent with what was done in the past.
Victor Ianno asked if the firms we ask for RFP’s have to be grounded in municipal work. Robert Petrovich stated municipal law is an important component in being selected and awarded a contract as well as IDA experience.
Patrick Hogan asked when the proposals are received will they be sent to the Board. Robert Petrovich stated staff will review the proposals, provide an analysis and recommendation to the Board. He stated the Board will then take action.
Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the issuance of an RFP for legal services. Motion was carried. A REQUEST FOR PROPOSAL (RFP) FOR AUDIT SERVICES.
Robert Petrovich stated similar to the approach for legal services, we are at the same juncture where we are looking to put out an RFP for solicitation for accounting firms to provide us with audit services related to the requirements of the appropriate applicable laws and regulations for the IDA Board. He stated staff will send out a Request for Proposal to various local firms who have experience and expertise in this area. He stated those proposals will be received, staff will review and evaluate those proposals and be prepared to make a recommendation to the Board. He stated the plan is to have both legal services and audit services recommendations in front of the Board at the December meeting and adoption in January 2021.
Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing the issuance of an RFP for audit services. Motion was carried. 4
Robert Petrovich stated almost $36,000 has been sent out in grant checks based on the Board’s review and approval of 11 applicants for COVID relief related to the purchase of PPE (Personal Protective Equipment). He stated Carolyn Evans-Dean is going to present a 2nd round of
applicants this morning for consideration by the Board. He stated we are at a point to move forward on the 2nd round.
Carolyn Evans-Dean stated we have a 2nd round of COVID-19 relief grants and today’s total is $89,599.19. She stated all the businesses qualify as small businesses with fewer than 15 employees and a slate of those businesses were provided to the Board prior to the meeting. She stated if any of the Board members have any sort of a conflict of interest with any of the businesses listed on the sheet please be sure to make that known. She stated we have taken in just shy of 80 applications. She stated we are really pleased with the number of businesses the Board has been able to help so far and continuing to process those applications.
Susan Stanczyk asked how much money is left after these 2 rounds. Robert Petrovich stated up to $500,000 was allocated for this program. Carolyn Evans-Dean stated at this point the Board has awarded just shy of $45,000 prior to today’s meeting.
Patrick Hogan stated he wanted to compliment the Board, the County Executive’s Office, partners in State government and staff here. He stated this is a perfect program and helps out a lot of folks and that is what government is all about.
Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing grants to qualified applicants pursuant to the Covid-19 Grant Legislation for authorized use up to the amount of $10,000. Motion was carried.
Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board went into Executive Session to discuss potential litigation at 8:29 am. Motion was carried. 5 Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board adjourned Executive Session at 8:54 am. Motion was carried.
Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board adjourned the meeting at 8:54 am. Motion was carried.
_________________________________ Nancy Lowery, Secretary 6
PHONE: 315.435.3770 • FAX: 315.435.3669 October 31, 2020
Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating Revenue 232,454 4,466,033 1,526,000 2,940,033 Administrative Expense 70,061 483,607 900,000 (416,393) Operating/Program Exp. 120,257 834,560 626,000 208,560 Net Ordinary Income 42,137 3,147,866 - 3,147,866 Current Assets Current YTD Prior YTD Total Cash 5,035,525 2,718,747 Less Pass Through Received - 2,980 Available Cash 5,035,525 2,715,767 Receivables (less pass through rec.) 949,024 1,303,853 Grant Reimbursements - 268,733 Total 5,984,549 4,288,353 Reserve for Contracts County Operations 2020 416,393 Professional Services (130,046) 333 W. Washington St 2020 Rent 20,292 WPCP Sewer Design Engineering 108,151 OBG WPCP CO #4 Additional Studies 489,933 JMT 800 Hiawatha Engineering 18,716 National Grid WPCP Engineering Gas - National Grid WPCP Engineering Electric - CNYIBA Consulting Services Agreement 17,500 OC COVID Small Business Relief Fund 455,724 Total 1,396,663 Receivables 0-120 days 727,000 > 120 days 222,024 Total 949,024 Onondaga County Industrial Development Agency
October 2020
Income
2116.2 Application Fees 1,000.00 Total 2116 Fees 1,000.00 Total 500 Operating Revenue 1,000.00
2401 Interest Income 187.41 501.1 Subsidies Grants Donations 231,266.68 Total 501 Non-Operating Revenue 231,454.09 Total Income $232,454.09 GROSS PROFIT $232,454.09 Expenses
6402 Rent 14,898.87
6406.50 Consulting Services 5,000.00 Total 6406 Other Professional Services 5,000.00 6407 Administrative Expense 70,060.73 6408 Board Mtg Exp 126.87 6410 Office Expense 1,064.18 6411 Memberships / Sponsorships 990.00
6412.1 COVID-19 Grants 44,275.69 Total 6412 Other Operating Expense 44,275.69 6413 Legal 8,681.25 Total 6400 Operating Expense 145,097.59
6510.2 Site Analysis 34,035.37 6510.4 Other Expenses 4,900.00 Total 6510 White Pine Commerce Park 38,935.37 6530 800 Hiawatha Blvd. West 6530.3 Engineering 6,284.50 Total 6530 800 Hiawatha Blvd. West 6,284.50 Total 6500 Agency Program Expenses 45,219.87 Total Expenses $190,317.46 NET OPERATING INCOME $42,136.63 NET INCOME $42,136.63 Accrual Basis Tuesday, November 3, 2020 01:55 PM GMT-05:00 1/1 Onondaga County Industrial Development Agency
As of October 31, 2020
Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 4,154,253.39 200.2 Cash - M & T Money Maker Savings 890,179.55 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 5,035,525.12 Total Bank Accounts $5,035,525.12 Accounts Receivable 380 Accounts Rec.
380.6 A/R Agency Fees 812,937.58 Total 380 Accounts Rec. 812,937.58 Total Accounts Receivable $812,937.58 Other Current Assets 391 Long Tern Receivable 222,024.00
480.4 Credit Balance on Card 131.83 Total 480 Prepaid Expenses 131.83 Total Other Current Assets $222,155.83 Total Current Assets $6,070,618.53 Accrual Basis Tuesday, November 3, 2020 01:56 PM GMT-05:00 1/3 Onondaga County Industrial Development Agency
As of October 31, 2020
Fixed Assets
101 White Pines Commerce Park 1,520,401.50
101.101 CHA GEIS 1 267,452.05 101.102 CHA GEIS 2 219,439.36 101.104 GEIS Reg Plan Board Overview 19,797.74 Total 101.1 WPCP GEIS 506,689.15 101.2 WPCP Legal 69,774.25 101.3 Engineering Services 52,675.00 101.301 Temporary Access 4,055.44 101.4 Environmental/Demo Services 10,318.98 Total 101.3 Engineering Services 67,049.42
101.501 Land Purchases 1,160,063.57 101.502 Closing Costs 3,168.14 Total 101.5 Land Acquisition Costs 1,163,231.71 Total 101 White Pines Commerce Park 3,327,146.03 106 North Salina Properties 0.00 106.1 435 North Salina 17,083.55 106.3 435 North Salina Building 634,421.53 Total 106 North Salina Properties 651,505.08 107 800 Hiawatha 604,840.42 Total 100 Land 4,583,491.53
104.1 Office Furniture 1,429.00 104.2 Equipment 1,432.40 Total 104 Machinery & Equipment 2,861.40 211 A/D Office Furniture -2,861.00 213 A/D Buildings -65,068.00 Total Fixed Assets $4,518,423.93 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $10,590,684.22 Accrual Basis Tuesday, November 3, 2020 01:56 PM GMT-05:00 2/3 Onondaga County Industrial Development Agency
As of October 31, 2020
Liabilities Current Liabilities Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 70,060.71 600.206 Mileage Reimbursement 92.34 600.208 BlueRock Energy Agreement Deposit 25,000.00 Total 600 Accounts Payable 95,153.05
602 Pass Thru Payable 10,371.00 604 Other Pass Thrus 74,063.70 Total 601 PILOT and Pass Thru Payable 84,434.70
631.356 Syracuse -0.01 Total 631.3 Schools -0.01 Total 631 Due to Other Governments -0.01 Total Other Current Liabilities $179,587.74 Total Current Liabilities $179,587.74 Total Liabilities $179,587.74 Equity 3900 Equity Unreserved 4,544,563.05 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 1,396,663.26 465 Equity - Unreserved -1,023,834.26 Net Income 3,147,865.80 Total Equity $10,411,096.48 TOTAL LIABILITIES AND EQUITY $10,590,684.22 Accrual Basis Tuesday, November 3, 2020 01:56 PM GMT-05:00 3/3
PAYMENT OF BILL - SCHEDULE #449 November 10, 2020
1. PARK STRATEGIES, LLC* $ 5,000.00 Inv#16583357 & 16583574, Monthly Consulting Services Sep & Oct 2020 2. PARK STRATEGIES, LLC $ 2,500.00 Inv#16583728, Monthly Consulting Services November 2020 3. FEDEX $ 20.67 Inv#7-140-79607, Shipping to Barclay Damon 4. CNYIBA $ 8,750.00 Inv#000075-IN, 3rd Quarter 2020 Consulting Services 5. NYS&W RAILWAY CORP. $ 2,910.00 Lamar Billboard Pass thru Payment 6. BARCLAY DAMON LLP $ 35,070.35 Inv#5019471, 5028668, 5028669, 5093215, 5092274, & 5092275, Legal thru September 30, 2020 TOTAL $ 54,251.02 *Ratification of Check dated October 16, 2020 1
PAYMENT OF BILL - SCHEDULE #449 November 10, 2020 PILOT Payments 1. TOWN OF DEWITT $ 16.18 3rd Quarter 2020 Syracuse Rail PILOT Payment 2. TOWN OF ONONDAGA $ 3.29 3rd Quarter 2020 Syracuse Rail PILOT Payment 3. JAMESVILLE DEWITT CSD $ 105.87 3rd Quarter 2020 Syracuse Rail PILOT Payment 4. CITY OF SYRACUSE $ 1,641.30 3rd Quarter 2020 Syracuse Rail PILOT Payment 5. ONONDAGA COUNTY $ 1,055.31 3rd Quarter 2020 Syracuse Rail PILOT Payment TOTAL $ 2,821.95 1
PAYMENT OF BILL - SCHEDULE #449 November 10, 2020 COVID-19 Grant Payments 1. APPLE ACRES, LLC* $ 1,231.45 1st and Final COVID 19 Grant Program Payment 2. SYRACUSE FITNESS, LLC - ORANGE THEORY* $ 3,921.14 1st and Final COVID 19 Grant Program Payment 3. NORTH SYRACUSE FITNESS, LLC - ORANGE THEORY* $ 3,554.91 1st and Final COVID 19 Grant Program Payment TOTAL $ 8,707.50 *Ratification of Checks dated October 16, 2020 1
DESCRIPTION TERM CONTRACT PAID OUTSTANDING ONONDAGA COUNTY OED 2020 1-1-20-12-31-20 $900,000.00 $483,607.36 $416,392.64 PROFESSIONAL SERVICES 1-1-20-12-31-20 $55,000.00 $185,046.07 -$130,046.07 333 W. WASHINGTON ST 2020 RENT 1-1-20-12-31-20 $65,000.00 $44,707.99 $20,292.01 WPCP SEWER DESIGN ENGINEERING 1/31/16-1/31/17 $268,628.00 $160,476.55 $108,151.45 OBG WPCP CO #4 ADDITIONAL STUDIES 11/30/18-11/30/19 $800,000.00 $310,066.58 $489,933.42 JMT 800 HIAWATHA ENGINEERING 2/13/19-12-31-20 $25,000.00 $6,284.50 $18,715.50 NATIONAL GRID WPCP ENGINEERING GAS 11/29/18-11/29/19 $403,100.00 $403,100.00 $0.00 NATIONAL GRID WPCP ENGINEERING ELECTRIC 11/29/18-11/29/19 $375,000.00 $375,000.00 $0.00 CNYIBA CONSULTING SERVICES AGREEMENT 4-14-20-4-14-21 $35,000.00 $17,500.00 $17,500.00 OC COVID SMALL BUSINESS RELIEF FUND 8-31-20 - 8-31-21 $500,000.00 $44,275.69 $455,724.31 $3,426,728.00 $2,030,064.74 $1,396,663.26
AGENCY FEES RECEIVABLE $718,750.00 ACCOUNTS RECEIVABLE GENERAL $8,250.00 QUASI-EQUITY LOAN RECEIVABLE $0.00 GRANTS RECEIVABLE $0.00 LONG TERM RECEIVABLE $222,024.00 TOTAL $949,024.00 Onondaga County Industrial Development Agency DRAFT Project Summary 11/3/2020 1. Project SSC Lysander LLC 2. Project Number 3101-20-21A 3. Location Lysander 4. School District Baldwinsville School District
5. Tax Parcel(s) 073.-01-24.1 0 7.Total Project Cost $ 3,033,500 8. Total Jobs 0 Land $ 3,500 8A. Job Retention 0 Site Work $ 200,000 8B: Job Creation 0 Building $ - (Next 5 Years) Furniture & Fixtures $ - Equipment $ 2,800,000 Equipment Subject to NYS Production $ 10,000 Exemption Engineering/Architecture Fees $ 10,000 Financial Charges $ 10,000 Legal Fees $ 10,000 Other- Solar Installation Labor $ - Cost Benefit Analysis SSC Lysander LLC Project Description Fiscal Impact ($) Abatement Cost $ 905,855 Sales Tax $ - Mortgage Tax $ - Property Tax Relief (PILOT) $ 905,855 New Investment $ 4,020,824 PILOT Payments $ 391,106 Project Wages (10 years) $ - Construction Wages $ 435,300 This is a 3.5MW community solar project located in the Town of Lysander. Employee Benefits (10 years) $ - Project Capital Investment $ 3,043,500 New Sales Tax Generated $ 112,000 Agency Fees $ 38,919 Agency Legal Fees $ 7,584 Benefit:Cost Ratio 4 :1 SSC Lysander LLC 11/3/2020 A) PILOTS Estimate Table Worksheet Current Revenue Generated by Parcel $ 7,040 Expected Revenue from the Parcel if no project occurred $ 225,477.62 Projected Year 1 Revenue to be generated as a result of the project: $19,250 Total Project Cost $ 3,033,500.00 OCIDA Estimate of Project Value $ 1,631,000.00 Projected MW to be generated 3.5 Baldwinsville School Full Tax Payment without Year Onondaga County Lysander Total PILOT Net Exemption District PILOT 17% 6% 77% 100.0% 2019-2020 $ 1,100 $ 424 $ 5,516 $ 7,040 1 $ 3,204 $ 1,234 $ 14,812 $ 19,250 $ 44,146 $ 24,896 2 $ 3,268 $ 1,259 $ 15,108 $ 19,635 $ 45,029 $ 25,394 3 $ 3,333 $ 1,284 $ 15,410 $ 20,028 $ 45,929 $ 25,902 4 $ 3,400 $ 1,310 $ 15,718 $ 20,428 $ 46,848 $ 26,420 5 $ 3,468 $ 1,336 $ 16,033 $ 20,837 $ 47,785 $ 26,948 6 $ 3,537 $ 1,363 $ 16,353 $ 21,254 $ 48,741 $ 27,487 7 $ 3,608 $ 1,390 $ 16,680 $ 21,679 $ 49,715 $ 28,037 8 $ 3,680 $ 1,418 $ 17,014 $ 22,112 $ 50,710 $ 28,598 9 $ 3,754 $ 1,446 $ 17,354 $ 22,554 $ 51,724 $ 29,169 10 $ 3,829 $ 1,475 $ 17,701 $ 23,006 $ 52,758 $ 29,753 11 $ 3,905 $ 1,505 $ 18,055 $ 23,466 $ 53,814 $ 30,348 12 $ 3,984 $ 1,535 $ 18,417 $ 23,935 $ 54,890 $ 30,955 13 $ 4,063 $ 1,565 $ 18,785 $ 24,414 $ 55,988 $ 31,574 14 $ 4,145 $ 1,597 $ 19,161 $ 24,902 $ 57,107 $ 32,205 15 $ 4,227 $ 1,629 $ 19,544 $ 25,400 $ 58,250 $ 32,850 16 $ 4,312 $ 1,661 $ 19,935 $ 25,908 $ 69,317 $ 43,409 17 $ 4,398 $ 1,695 $ 20,333 $ 26,426 $ 70,704 $ 44,278 18 $ 4,486 $ 1,728 $ 20,740 $ 26,955 $ 72,118 $ 45,163 19 $ 4,576 $ 1,763 $ 21,155 $ 27,494 $ 73,560 $ 46,066 20 $ 4,667 $ 1,798 $ 21,578 $ 28,044 $ 75,031 $ 46,988 21 $ 4,761 $ 1,834 $ 22,010 $ 28,604 $ 76,532 $ 47,927 22 $ 4,856 $ 1,871 $ 22,450 $ 29,177 $ 78,063 $ 48,886 23 $ 4,953 $ 1,908 $ 22,899 $ 29,760 $ 79,624 $ 49,864 24 $ 5,052 $ 1,946 $ 23,357 $ 30,355 $ 81,216 $ 50,861 25 $ 5,153 $ 1,985 $ 23,824 $ 30,962 $ 82,841 $ 51,878 $ 102,620 $ 39,538 $ 474,425 $ 616,583 $ 1,522,438 $ 905,855
1. Fill in all blanks using “none”, “not applicable” or “not available”. If you have any questions about the way to respond, please call the Onondaga County Industrial Development Agency at 315-435-3770. 2. If providing an estimate put “(est.)” after the figure or answer. If more space is needed to answer any specific question, attach a separate sheet.
3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. (ST-60, PILOT Agreement) 4. When completed, return this Application by mail or fax to the Agency at the address indicated below. A signed application may also be submitted electronically in PDF format to Nate Stevens at nstevens@ongov.net. An Application will not be considered by the Agency until the Application fee has been received.
5. The Agency will not give final approval for this Application until the Agency receives a completed NYS Full Environmental Assessment Form concerning the Project, which is the subject of this Application. The form is available at http://www.dec.ny.gov/permits/6191.html. 6. Please note the Public Officers Law declares all records in the possession of the OCIDA (with certain limited exceptions) are open to public inspection and copying. If the Applicant is of the opinion that there are elements of the Project which are in the nature of trade secrets which, if disclosed to the public or otherwise widely disseminated, would cause substantial injury to the Applicant’s competitive position, this
Applicant must identify such elements in writing and request that such elements be kept confidential. In accordance with Article 6 of the Public Officer’s Law, the OCIDA may also redact personal, private, and/or proprietary information from publicly disseminated documents.
7. The Applicant will be required to pay the Agency Application fee and, if accepted as a project of the agency, all administrative and legal fees as stated in Section VI of the Application.
This Application Local Access Agreement Employment Plan Conflict of Interest A feasibility statement indicating the need for the requested benefits Description of project, Site Plans/Sketches, and Maps NYS Full Environmental Assessment Form A check payable to the Agency in the amount of $1,000 A check payable to Barclay Damon LLP in the amount of $2,500 9. This Application was adopted by the OCIDA Board on November 19, 2019.
Onondaga County Industrial Development Agency Page 1
A) Project Costs and Finances Description of Costs Total % of Total Total Private Expenditure Budget Budget to be (should be less than or Amount Procured in equal to total budget Onondaga amount) County Land Acquisition $3 500 (es ) 0% (est.) $3 500 (es ) Site Work/Demo None (est.) 0% (est.) None (est.) Building Construction & Renovation $200,000 (est.) 10% (est.) $200,000 (est.) Furniture & Fixtures None (est.) None (est.) None (est.) Equipment $2 800 000 (es ) 0% (est.) $2 800 000 (es ) Equipment Subject to NYS Production Sales Tax $0 (Est.) 0% (Est.) None (est.) Engineering/Architect $10 000 (es ) 0% (est.) $10 000 (es ) Financial Charges $10 000 (es ) 0% (est.) $10 000 (es ) Legal $10,000 (est.) 0% (est.) $10 000 (es ) Other None (est.) None (est.) None (est.) Management/Developer Fees Non (es ) 0% (est.) None (est.) Total Project Cost $3 033 500 (es ) 0% (est.) $3 033 500 (es ) Note: Do not include OCIDA fees, OCIDA application fees or OCIDA legal fees as part of the Total Project Cost. You may attach a separate chart if needed.
B) TOTAL Capital Costs $ 3,033,500(est.) Project refinancing: estimated amount (for refinancing of existing debt only) $ Sources of Funds for Project Costs:
1. Bank Financing $ _______________ 80% (est.) 2. Equity (excluding equity that is attributed to grants/tax credits) $ 20% (est.) 3. Tax Exempt Bond Issuance (if applicable) $ _______________ None (est.) 4. Taxable Bond Issuance (if applicable) $ None (est.) Onondaga County Industrial Development Agency Page 7
and tax credits) $ None (est.) -Identify each state and federal grant/credit:
Not Applicable $ O (est.) Not Applicable $ O (est.) Not Applicable $ O (est.) 6. Total Sources ofFunds for Project Costs $ 0 (est.) C) Employment and Payroll fufo1mation *Full Time Equivalent(FTE) is defined as one employee working no less than 40 hours per week or two or more employees together working a total of40 hours per week.
0Yes 0No If yes, provide number ofFTE jobs at the facility: ___
Estimate the number ofFTE jobs to be retained as a result ofthis Project: O (est.) Estimate the number of constrnction jobs to be created by this Project: 15-20 (est.) Estimate the average length ofconstruction jobs to be created(months): 6 (est.) Current annual payroll at facility: 0 Average annual growth rate ofwages: o (est.) Please list, ifany, benefits that will be available to either full and/or part time employees:
To be determined Average annual benefit paid by the company($ or % salaiy) per FTE job: O (est.) Average growth rate ofbenefit cost: 0 (est) Amount or percent ofwage employees pay for benefits: To be determined Provide an estimate ofthe number of
residents in the Economic Development Region(Onondaga, Madison, Cayuga, Oneida, Oswego, and Cortland Counties) to fill new FTE iobs:
Onondaga County Industrial Development Agency Page8 F) Mortgage Recording Tax Exemption Benefit Calculator: Amount of mortgage that would be subject to mortgage recording tax:
Mortgage Amount (include sum total of construction/permanent/ bridge financing): $ 0 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 0 G) Sales and Use Tax Benefit Calculator: Gross amount of costs for goods and services that are subject to State and local Sales and US tax – said amount to benefit from the Agency’s Sales and Use Tax exemption benefit:
$ Estimated State and local Sales and Use Tax Benefit (product of 8% multiplied by the figure, above) (This should match the amount in section “E” on this page, this calculation only exists to help you with your estimate):
$ Onondaga County Industrial Development Agency Page 10
Section IV of this Application will be: (i) completed by IDA Staff based upon information contained within the Application, and (ii) provided to the Applicant for ultimate inclusion as part of this completed Application prior to the completed application being provided to the OCIDA Board.
A) PILOTS Estimate Table Worksheet OCIDA estimate of current value New construction and renovation costs OCIDA estimate of increase in value OCIDA estimated value of completed project OCIDA estimate of taxes that would have been collected if the project did not occur Scheduled PILOT payments PILOT Exemption County Local School Total Full Tax Net Exemption Year % PILOT PILOT PILOT PILOT Payment Amount Amount Amount w/o PILOT
Estimates provided are based on current property tax rates and assessment value (current as of date of application submission) and have been calculated by IDA staff Onondaga County Industrial Development Agency Page 11
In absence of a waiver permitting otherwise, every project seeking the assistance of the Onondaga County Industrial Development Agency (Agency) must use local general contractors, sub- contractors, and labor for one-hundred percent (100%) of the construction of new, expanded, or renovated facilities. The project’s construction or project manager need not be a local company. Noncompliance may result in the revocation and/or recapture of all benefits extended to the project by the Agency. Local Labor is defined as laborers permanently residing in the State of New York counties of Cayuga, Cortland, Herkimer, Jefferson, Madison, Oneida, Onondaga, Oswego, Tompkins, and Wayne. Local (General/Sub) Contractor is defined as a contractor operating a permanent office in the State of New York counties of Cayuga, Cortland, Herkimer, Jefferson, Madison, Oneida, Onondaga, Oswego, Tompkins and Wayne. The Agency may determine on a case-by-case basis to waive the Local Access Policy for a project or for a portion of a project where consideration of warranty issues, necessity of specialized skills, significant cost differentials between local and non-local services or other compelling circumstances exist. The procedure to address a local labor waiver can be found in the OCIDA handbook, which is available upon request.
Prior to issuance of any NYS Tax & Finance ST-60 forms, the Applicant must submit a Contractor Status Report to the Agency.
In consideration of the extension of financial assistance by the Agency SSC Lysander LLC (the Company) understands the Local Access Policy and agrees to complete Appendix C of the Agency’s application at the time of the application to the Agency and as part of a request to extend the valid date of the Agency’s tax-exempt certificate for the Project. The Company understands that an Agency tax-exempt certificate is typically valid for 12 months from the effective date of the project inducement and extended thereafter upon request by the Company. The Company further understands that any request for a waiver to this policy must be submitted in writing and approved by the Agency.
I agree to the conditions of this agreement and certify all information provided regarding the construction and employment activities for the project as of 09.17.2020 (date).
Company: SSC Lysander LLC Representative for Contract: John H. Switzer, Esq. __ Address: 334 Arapahoe Dr., City: Boulder State: CO Zip: 80302 Phone: 516.866.8234 Email: john@summitsolarcapital.com Project Address: 8071 River Rd. City: Lysander State: NY Zip: 13027 General Contractor: Not Available Contact Person: Not Available Address: Not Availlable City: Not Available State: No Available Zip: Not Available Phone: Not Available Email: Not Available Authorized Representative: Not Available Title: Not Available Signature:
Onondaga County Industrial Development Agency Page 12
Payment Terms:
Application & Processing Fee (payable at the time of application): $1,000 Legal Deposit (payable at the time of application): $2,500 Agency Fee for Bond Projects: Payable at Closing Agency and Legal Fees for all other projects: Due and Payable at Inducement * A sales tax certificate (ST-60) will not be issued until the Agency Fee is Paid in Full Agency Fees: The project cost is the Total Project Cost from section III A Benefit Sought Fee Charged Mortgage Recording Tax and/or Sales Tax exemptions: 0.01 X the project cost Additional Fee for PILOT Agreement Projects: 0.0025 X the project cost Fee for bond financing, refinancing & refunding: 0.0025 X the project cost Note: For Manufacturing Projects under $10 million the fee is reduced by: 0.0025 X the project cost Agency Legal Fees: The project cost is the Total Project Cost from section III A Fee for first $20 million: 0.0025 of the project cost Fee for expenses above $20 million: 0.00125 of the project cost In addition to the foregoing, Applicants are responsible for payment of all costs and expenses incurred by OCIDA in connection with application or Project including without limitation publication, copying costs, SEQRA compliance and fees and costs to OCIDA’s attorneys, engineers, and consultants. OCIDA reserves the right to require a deposit to cover anticipated costs. Application fees are payable at time application/request is submitted. All fees are non-refundable. Applicants for bond transactions are responsible for payment of a Bond Issuance Charge payable to the State of New York. Applicants are also responsible for payment of post-closing fees and costs associated with the appointment of additional agents.
OCIDA reserves the right to modify this schedule at any time and assess fees and charges in connection with other transactions such as grants of easement or lease or sale of OCIDA-owned property.
Onondaga County Industrial Development Agency Page 13
Information to be Provided by Companies: Each Company agrees that to receive benefits from the Agency it must, whenever requested by the Agency or required under applicable statutes or project documents, provide and certify or cause to be provided and certified such information concerning the Company, its finances, its employees and other topics which shall, from time to time, be necessary or appropriate, including but not limited to, such information as to enable the Agency to make any reports required by law or governmental regulation.
Recapture of Benefits: It is the policy of the Agency to recapture the value of a PILOT, any sales and use tax exemption, and mortgage recording tax exemption in accordance with the Laws of the State and the provisions contained herein. Before receiving benefits, the Company must attest in writing to its understanding of, and agreement to, the recapture provisions contained in State Law and herein. To the extent permitted by State law, the recapture provisions contained herein may be modified from time to time by the Agency at its sole discretion.
Recapture of a PILOT, Sales Tax and the Mortgage Recording Tax Exemptions: If the number of full time equivalent jobs to be maintained or created in connection with a project falls below 75% of the number projected in the Company’s application to the Agency, or if there are material violations of the project agreements, then the value of the property tax, sales and use tax and mortgage recording tax benefits extended to the project by the Agency may be subject to recapture. When deciding whether or not to recapture benefits and the amount of such recapture, the Agency may consider the potential future benefit of the business to the community.
Recapture Payment: The recapture payment paid by the Company to the Agency shall be determined (1) by the difference between any PILOT payments made by the Company and the property taxes that would have been paid by the Company if the property were not under the supervision, jurisdiction or control of the Agency, (2) the value of any mortgage recording tax exemption, if awarded to the Company and (3) the amount of sales and use tax that would have been paid if an exemption was not granted.
Recapture of the PILOT, Sales Tax or Mortgage Recording Tax: The Recapture Schedule for a Payment in Lieu of Tax Agreement, Sales Tax or the Mortgage Recording Tax is as follows: Time from Project Completion Tax Savings Recaptured
Distribution of the Recapture Payment: Any funds recaptured as a result of the recapture payment shall be distributed to the affected taxing jurisdictions in the same proportion as if the payments were paid or owed by the Company on the date of recapture.
Onondaga County Industrial Development Agency Page 14 Additional Conditions for the Recapture of Sales and Use Tax: As of April 1, 2013, New York State law requires Industrial Development Agencies to recapture sales tax benefits where: A project is not entitled to receive the benefits:
Exemptions received exceed the amount authorized by the Agency;
Exemptions are claimed by the Project for unauthorized property or services; or A project fails to use property in the manner required by its IDA agreements. 1. Distribution of Sales and Use Tax. Project operators must cooperate with the Agency in its effort to recapture all sales and use tax benefits received by the Company by promptly paying the recapture amount as determined by the Agency. The amount to be recaptured will be dictated by State Law or this UTEP Policy, which ever may be applicable. The Agency shall remit the recaptured sales and use tax benefits to the State within 30 days of receipt.
2. Compliance Report. Annually, the Agency will file an annual compliance report with the State of New York detailing its recapture terms and its activities to recapture benefits, including any attempt to recapture benefits from an Agency project.
A “Full Time Permanent Employee” shall mean
payroll, who has worked at the project location for a minimum of thirty hours per week for not less than four consecutive weeks and who is entitled to receive the usual and customary fringe benefits extended by Company to other employees with comparable rank, duties and hours; or
Company’s payroll, who have worked at the project location for a combined minimum of thirty hours per week for not less than four consecutive weeks and who are entitled to receive the usual and customary fringe benefits extended by Company to other employees with comparable rank, duties and hours. I have read the foregoing and agree to comply with all the terms and conditions contained therein as well as policies of the Onondaga County Industrial Agency.
Name of Applicant Company _________________________________ SSC Lysander LLC Signature of Officer or Authorized Representative: _________________________________ Name & Title of Officer or Authorized Representative: _________________________________ John H. Sw tzer, Esq - Manag ng Member Date: ______________
Onondaga County Industrial Development Agency Page 15 NYS Department of Labor:
Roy Jewell Associate Business Service Representative
roy.jewell@labor.ny.gov www.labor.ny.gov CNY Works Chris Kennedy Business Development Specialist
ckennedy@cnyworks.com www.cnyworks.com Onondaga County Industrial Development Agency Page 17
Agency Board Members
Agency Officers/Staff 1. Robert M. Petrovich
Agency Legal Counsel & Auditor 1. Jeffrey Davis, Esq., Barclay Damon LLP 2. Amanda Mirabito, Esq., Barclay Damon LLP 3. Michael G. Lisson, CPA, Grossman St. Amour Certified Public Accountants PLLC The Applicant has received from the Agency a list of members, officers and staff of the Agency. To the best of my knowledge, no member, officer or employee of the Agency has an interest, whether direct or indirect, in any transaction contemplated by this Application, except as hereinafter described:
Name of Applicant Company _________________________________ SSC Lysander LLC Signature of Officer or Authorized Representative: _________________________________ Name & Title of Officer or Authorized Representative: _________________________________ John H. Sw tzer, Esq. - Manag ng Member Date: ______________
Onondaga County Industrial Development Agency Page 18
John H. Switzer, Esq (Name of CEO or other authorized representative of
Applicant) confirms and says that he/she is the ____________________ Manag ng Member (title) of ____________________ SSC Lysander LLC (name of corporation or other entity) named in the attached Application (the “Applicant”), that he/she has read the foregoing Application and knows the contents thereof, and hereby represents, understands, and otherwise agrees with the Agency and as follows:
A. First Consideration for Employment: In accordance with §858-b (2) of the New York General Municipal Law, the Applicant understands and agrees that if the Project receives any Financial Assistance from the Agency, except as otherwise provided by collective bargaining agreements, where practicable, the Applicant will first consider persons eligible to participate in WIA programs who shall be referred by the CNY Works for new employment opportunities created as a result of the Project.
B. Other NYS Facilities: In accordance with §862 (1) of the New York General Municipal Law, the Applicant understands and agrees that projects which will result in the removal of an industrial or manufacturing plant of the project occupant from one area of the state to another area of the state or in the abandonment of one or more plants or facilities of the project occupant within the state is ineligible for Agency Financial Assistance, unless otherwise approved by the Agency as reasonably necessary to preserve the competitive position of the project in its respective industry or is reasonably necessary. C. Annual Sales Tax Filings: In accordance with §874(8) of the New York General Municipal Law, the Applicant understands and agrees that if the Project receives any sales tax exemptions as part of the Financial Assistance from the Agency, the Applicant agrees to file, or cause to be filed, with the New York State Department of Taxation and Finance, the annual form prescribed by the Department of Taxation and Finance, describing the value of all sales tax exemptions claimed by the Applicant and all consultants or subcontractors retained by the Applicant.
D. Outstanding Bonds: The Applicant understands and agrees to provide on an annual basis any information regarding bonds, if any, issued by the Agency for the project that is requested by the Comptroller of the State of New York.
E. Employment Reports: The Applicant understands and agrees that, if the Project receives any financial assistance from the Agency, the Applicant agrees to file with the Agency, at least annually or as otherwise required by the Agency, reports regarding the number of people employed at the project site, salary levels, contractor utilization and such other information (collectively, “Employment Reports”) that may be required from time to time on such appropriate forms as designated by the Agency. Failure to provide Employment Reports within 30 days of an Agency request shall be an Event of Default under the PILOT Agreement between the Agency and Applicant and, if applicable, an Event of Default under the Agent Agreement between the Agency and Applicant. In addition, a Notice of Failure to provide the Agency with an Employment Report may be reported to Agency board members, with said report being an agenda item subject to the open Onondaga County Industrial Development Agency Page 19 meetings law.
F. Absence of Conflicts of Interest: The Applicant has received from the Agency a list of the members, officers and employees of the Agency. No member, officer or employee of the Agency has an interest, whether direct or indirect in any transaction contemplated by this Application, except as hereinafter described in Section X.
G. Compliance: The Applicant understands and agrees that it is in substantial compliance with applicable local, state, and federal tax, worker protection, and environmental laws, rules, and regulations.
H. The Applicant understands and agrees that the provisions of Section 862(1) of the New York General Municipal Law, as provided below, will not be violated if financial assistance is provided for the proposed Project:
§ 862. Restrictions on funds of the Agency. (1) No funds of the Agency shall be used in respect of any project if the completion thereof would result in the removal of an industrial or manufacturing plant of the project occupant from one area of the state to another area of the state or in the abandonment of one or more plants or facilities of the project occupant located within the state, provided, however, that neither restriction shall apply if the agency shall determine on the basis of the application before it that the project is reasonably necessary to discourage the project occupant from removing such other plant or facility to a
location outside the state or is reasonably necessary to preserve the competitive position of the project occupant in its respective industry.
I. The Applicant confirms and acknowledges that the owner, occupant or operator receiving financial assistance for the proposed Project is in substantial compliance with applicable local, state, and federal tax, worker protection and environmental laws, rules and regulations.
J. The Applicant confirms and acknowledges that the submission of any knowingly false or knowingly misleading information may lead to the immediate termination of any financial assistance and the reimbursement of an amount equal to all or part of any tax exemption claimed by reason of the Agency’s involvement in the Project.
K. The Applicant confirms and hereby acknowledges that as of the date of this Application, the Applicant is in substantial compliance with all provisions of Article 18-A of the New York General Municipal Law, including, but not limited to, the provision of Section 859- a and Section 862(1) of the New York General Municipal Law.
L. The Applicant and the individual executing this Application on behalf of Applicant acknowledge that the Agency and its counsel will rely on the representations and covenants made in this Application when acting hereon and hereby represents that the statements made herein do not contain any untrue statement of a material fact and do not omit to state a material fact necessary to make the statement contained herein not misleading.
Onondaga County Industrial Development Agency Page 20 M. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application.
N. Hold Harmless Agreement: Applicant hereby releases Onondaga County Industrial Development Agency and the members, officers, servants, agents and employees thereof (the "Agency") from, agrees that the Agency shall not be liable for, and agrees to indemnify, defend and hold the Agency harmless from and against any and all liability arising from or expense incurred by: (A) the Agency's examination and processing of, and action pursuant to or upon, the attached Application, regardless of whether or not the Application or the Project described therein or the tax-exemptions and other assistance requested therein are favorably acted upon by the Agency; (B) the Agency's acquisition, construction, and/or installation of the Project described therein and (C) any further action taken by the Agency with respect to the Project, including without limiting the generality of the foregoing, all cause of action and attorney's fees and any other expenses incurred in defending any suits or action which may arise as a result of any of the foregoing. If, for any reason, the Applicant fails to conclude or consummate necessary negotiations, or fails, within a reasonable or specified period of time, to take reasonable, proper or requested action, or withdraws, abandons, cancels or neglects the Application, or if the Agency or the Applicant are unable to reach final agreement with respect to the Project, then, and in the event, upon presentation of an invoice itemizing the same, the
Applicant shall pay to the Agency, its agents or assigns, all costs incurred by the Agency in the process of the Application, including attorney's fees, if any.
Onondaga County Industrial Development Agency Page 21 Company Description Pursuant to Section I – Part G Summit Solar Capital LLC Summit Solar is a full-suite renewable energy developer with a focus on community distributed generation.
SSC Lysander LLC (Applicant) as well as NY Portfolio I Holdco LLC are subsidiaries of Summit Solar Capital, LLC.
Thank you, John H. Switzer, Esq.
Boulder, CO 80302 Phone: 561.866.8234 Email: John@summitsolarcapital.com Summit Solar Capital, LLC – 40 Harrison St., New York, NY 10031 – 480.252.5496 Pursuant to Section II – Part D Project Narrative This 3.5MWac solar facility is located at 8071 River Rd., Lysander, NY 13027. Existing lot size is 99.64 acres in total size and the project acreage under the array is 22.26 acres. This site is currently undeveloped vacant land and is being managed by the landowner. Upon completion of the project the site will become the location of a ground mounted solar array. Solar panel height will not exceed 15’.
Two rows of 5’ tall white spruce and/or norway spruce on a 10’ spacing are included in the project to provide a visual screening from abutting residences.
Perimeter fencing will enclose the solar panels and electrical equipment. As a community solar project, local residents, businesses, and municipalities within Onondaga County will have the option of subscribing to purchase discounted energy from this project.
Applicant has extensive experience in the responsible development of utility-scale solar projects and the ability to deliver a turn-key solar power operating facility of the highest quality. Without the benefits requested in this application the project is not feasible.
Thank you, John H. Switzer, Esq.
Boulder, CO 80302 Phone: 561.866.8234 Email: John@summitsolarcapital.com Summit Solar Capital, LLC – 40 Harrison St., New York, NY 10031 – 480.252.5496 Pursuant to Section II – Part H Compelling Circumstances Without the requested PILOT Agreement the project is not financially feasible. This project will create jobs and increase stakeholders’ tax basis.
Summit Solar is currently developing 11 community solar projects in the State of NY for a total of ~70.3MW.
Summit Solar is currently developing (2) stand alone storage projects in Staten Island for a total of ~40MWH.
We have 16 years of experience as responsible developers in the industry and are committed to the advancement of New York’s clean energy goals.
The requested PILOT Agreement will help Summit Solar’s business grow, add employees, deploy more development capital and continue to contribute to the State of New York’s RPS target of 70% by 2030.
We are developing clean energy projects in New York for the benefit of New York rate payers. Thank you very much for your consideration.
Thank you, John H. Switzer, Esq.
Boulder, CO 80302 Phone: 561.866.8234 Email: John@summitsolarcapital.com Summit Solar Capital, LLC – 40 Harrison St., New York, NY 10031 – 480.252.5496 Pursuant to Section I – Part H
Applicant plans to abide by the Agency’s policy that any project receiving benefits from the Onondaga County Industrial Development Agency will utilize 100% local contractors and local labor for the construction period of the project.
Annual materials and raw supplies will likely be supplied outside of firms in Onondaga County.
Applicant intends to secure vendor services for ongoing maintenance activities within Onondaga County.
Thank you, John H. Switzer, Esq.
Boulder, CO 80302 Phone: 561.866.8234 Email: John@summitsolarcapital.com Summit Solar Capital, LLC – 40 Harrison St., New York, NY 10031 – 480.252.5496 Onondaga County Industrial Development Agency Project Summary 10/30/2020 1. Project 629 Lemoyne Manor, LLC 2. Project Number 3101-2015A 3. Location 629 Old Liverpool Road 4. School District Liverpool Central School District
5. Tax Parcel(s) 089.-01-26.0 Village - 7.Total Project Cost $ 13,163,545.00 8. Total Jobs 12 Land $ - 8A. Job Retention 0 Site Work $ - 8B: Job Creation 12 Building $ 12,810,545 (Next 5 Years) Furniture & Fixtures $ 353,000 Equipment $ - Equipment Subject to NYS Production Exemption $ - Engineering/Architecture Fees $ - Financial Charges $ - Legal Fees $ - Other $ - Cost Benefit Analysis 629 Lemoyne Manor, LLC Project Description Fiscal Impact ($) Estimated Project Tax Abatements $1,580,844 Sales Tax Abatement $438,240 Mortgage Recording Tax Abatement $90,000 Real Property Tax Abatement $1,052,604 New Investment $19,682,617 Project PILOT Payments $1,006,008 Project Wages (10 years) $3,450,000 This is a proposed 102,000 SF apartment complex that will be comprised of four buildings with Project Construction Wages $2,031,400 66 apartments and approximately 6,000 SF of commercial space in one of the main building. Project Capital Investment $12,810,545 New Sales Tax Generated $219,120 Agency Fees $165,544 Benefit:Cost Ratio 12.45 :1 629 Lemoyne Manor, LLC 10/13/2020 A) PILOTS Estimate Table Worksheet for 10 years OCIDA estimate of current market value $ 202,000 Projected investment $ 12,810,545 OCIDA estimate of increase in value $ 4,620,000 OCIDA estimated value after project is completed $ 4,822,000 Taxes that would have been collected if the project did not occur $ 86,238 Scheduled PILOT payments $ 1,006,008 Liverpool Full Tax Onondaga Central PILOT YEAR Exemption % Salina Village Name Total PILOT Payment w/o Net Exemption County School
District 1 100% $ 1,067 $ 1,162 $ 5,647 $ - $ 7,875.82 $ 188,006 $ 180,130 2 90% $ 3,578 $ 3,895 $ 18,934 $ - $ 26,406.60 $ 191,766 $ 165,359 3 80% $ 6,188 $ 6,738 $ 32,750 $ - $ 45,675.46 $ 195,601 $ 149,926 4 70% $ 8,902 $ 9,692 $ 47,110 $ - $ 65,704.52 $ 199,513 $ 133,809 5 60% $ 11,722 $ 12,762 $ 62,033 $ - $ 86,516.46 $ 203,504 $ 116,987 6 50% $ 14,651 $ 15,951 $ 77,533 $ - $ 108,134.60 $ 207,574 $ 99,439 7 40% $ 17,692 $ 19,262 $ 93,629 $ - $ 130,582.87 $ 211,725 $ 81,142 8 30% $ 20,849 $ 22,700 $ 110,337 $ - $ 153,885.80 $ 215,960 $ 62,074 9 20% $ 24,126 $ 26,267 $ 127,676 $ - $ 178,068.63 $ 220,279 $ 42,210 10 10% $ 27,525 $ 29,968 $ 145,665 $ - $ 203,157.21 $ 224,684 $ 21,527 TOTAL $ 136,300 $ 148,396 $ 721,313 $ - $ 1,006,008 $ 2,058,612 $ 1,052,604 Year 0 1 2 3 4 5 Jobs Current/Actuals Creation Goals 2 5 5 Total Employment Goals 0 2 7 12 12 12 Empire Management of CNY, Inc.
Dewitt, NY 13214 Office: (315) 445-8990 Fax: (315) 445-7977 dcmuraco@empiremgtco.com www.empiremgtco.com October 20th, 2020 Le Moyne Manor Vision Statement Dear Onondaga County Industrial Development Agency, Introduction: We write to you to ask for your consideration of our application requesting for a 10-Year PILOT, along with mortgage and sales tax exemptions in connection with our site plan approved Le Moyne Manor Development which includes the construction of 4 buildings to consist of 66 apartments and retail shops on the former Le Moyne Manor site located at 629 Old Liverpool Road in Liverpool, New York. Since Empire Management of CNY, Inc. was founded in 1988, it has earned its reputation as a leading Real Estate Development Firm in Central and Northern New York. We pride ourselves on the redevelopment of vacant, abandoned, or underutilized land and buildings. Working with a strong team of industry professionals, we have a proven track record in unlocking value in sites such as Le Moyne Manor. With views of the lake from the majority of the apartments, and close proximity to the village of Liverpool and the City of Syracuse where many of our residents work, we believe we have the best site in the area for this type of development. Furthermore, we know that this type of development on this particular site will not only benefit the rehabilitation of this particular property, but surrounding properties on Old Liverpool Road and the Town of Salina. Please see the below information which outlines our request.
1. Is the project being built in a blighted area? Yes.
- Solves the problem of a blighted, vacant, abandoned, and underutilized lot/buildings for multiple years and the property had fallen into disrepair - Structures had become unusable and detrimental to the area - Property was demolished in 2018 due to unsafe structural and safety conditions - Reduction of Break Ins, Vandalism, Code Enforcement Concerns - Creating a standard and a vision for future redevelopment on Old Liverpool Road and continuing investment around Onondaga Lake revitalization program 1 - Revitalization of rundown Jesuit Well structure and partnership with Onondaga Historical Association land on the rear of the property - Commitment to maintain County Land that is not being mowed or maintained facing the Onondaga Lake side of the property 2. Is the housing fulling an unmet need in the area? Yes.
- Brand new mixed-use apartment buildings unique to the Town of Salina with balconies facing Onondaga Lake (some with views that span as far as the Lakeview Amphitheatre) - Fulfilling the void of mixed-use apartment and retail in the area to attract residents of all age groups including millennials - Satisfies and accomplishes demand for workforce housing in close proximity to the City of Syracuse where many Onondaga County residents work - Provides an attractive and vibrant place to live for workers from high-tech companies such as $350 million Amazon fulfillment center in Clay bringing 1,000 jobs into the Syracuse area and Onondaga County - Goal to improve recreational opportunities and expansion of public access to the Lake and Village of Liverpool through the connection of sidewalks - Close proximity and connection to Village of Liverpool - Outdoor Patio on Mixed Use Building with views of lake to be shared with residents and restaurant tenant - 4 Buildings and Landscape to create a community-like feel - Redevelopment and revival of local Landmark Site 3. Demand for Housing? Yes. The Onondaga County population is underserved in this type of apartment community. This project provides amenities such as an elevator, custom kitchens with soft close cabinets, LED Lighting, Solar Panel Car Ports, balconies, restaurant/food service within the community, walkability and closeness to essential businesses.
- Fills the void between abundance of downtown apartments and suburban Liverpool area - Walkability to village shops, restaurants, other businesses - 4 strategically placed buildings which all provide access to handicap accessible apartments o Center Building: Retail Shops on Ground Floor, Elevator Access to 12 apartments with balconies and decks overlooking Onondaga Lake. Features Community Room for the entire project to access with Fitness Center, Resident Lounge and Office, Storage Units, Oversized Deck with seating and views of the Lake o Building 2: 6 Handicap Accessible Apartments on Ground Floor with Patios. 6 Apartments on Floor 2 with balconies. 6 Apartments on Floor 3 with balconies. o Building 3: 6 Handicap Accessible Apartments on Ground Floor with Patios. 6 Apartments on Floor 2 with balconies. 6 Apartments on Floor 3 with balconies. o Building 4: 6 Handicap Accessible Apartments on Ground Floor with Patios. 6 Apartments on Floor 2 with balconies. 6 Apartments on Floor 3 with balconies. - Promotes future development and beautification of Old Liverpool Rd.
- Provides an additional housing opportunity in with greenspace and a suburban feel 4. Is there support from local officials? Yes. See Letters Attached.
- Support of Colleen A. Gunnip (Town Supervisor) - Nicholas R. Paro (1st Ward Salina Councilor) - V. James Magnarelli (2nd Ward Salina Councilor) - David M. Carnie (4th Ward Salina Town Councilor) 2 - Angi Renna (Candidate for New York State Senate 50th District & President of Sterling Financial Group, LLC) 5. Is there needed Infill in already populated area? Yes.
- Continues connection around the circle of Onondaga Lake and the Onondaga Parkway improvement project - Provides housing opportunity that takes advantage of revitalization around the lake - Positive Investment and Rehabilitation of Liverpool - Promotion and spur of more positive economic development in the Town of Salina - Encourages other developers to invest and continue our vision 6. Does the project provide walkability to village centers? Yes.
- Although not yet site plan approved, we are proposing to install sidewalks on our side of Old Liverpool Rd. providing connection to adjacent properties - In addition to the above and with the permission of the County, we have a connection opportunity to the Onondaga Lake Parkway through County property o Connection to be completed at our expense o Potential to tie into the Loop the Lake Trail o Connection to adjacent properties along the Onondaga Lake Parkway o Pedestrian Access into the Village - Close proximity to Onondaga Lake Park, Liverpool Plaza, Santangelo’s Restaurant, Village of Liverpool Center, Library, Schools, etc.
7. No additional county provided infrastructure is necessary to service this project. Conclusion: We are eager and excited to start this project at 629 Old Liverpool Rd. We have the support of Town Supervisor Colleen A. Gunnip, 2nd Ward Councilor V. James Magnarelli, 1st Ward Councilor Nicholas R. Paro, 4th Ward Councilor David M. Carnie, Town of Salina Assessor Denise Trudell, local businesswoman Angi Renna, and many others. We now ask you Onondaga County Industrial Development Agency for your support and acceptance of our application so that we may continue to make Onondaga County a better place to live. Yours Truly, David C. Muraco Louis D. Muraco Alexis L. Muraco Date: 10/20/2020 Date: 10/20/2020 Date: 10/20/2020 Empire Management of CNY, Inc.
Property Development & Management
Dewitt, NY 13214 Office: (315) 445-8990 Fax: (315) 445-7977 dcmuraco@empiremgtco.com www.empiremgtco.com 3 ADDENDUM TO NARRATIVE – PROJECT DESCRIPTION & DATA POINTS The project calls for a total of 4 buildings. 3 of the buildings are fully residential (18 apartments per building x 3 = 54 apartments) and 1 is mixed use (12 apartments). Total of 66 apartments. All buildings are a total of +/- 25,350 SF x 4 = +/- 101,400 SF.
The mixed use building will have a middle space for community space as you described on the ground floor with approximately 5,000 SF of commercial space.
The project is being developed on 3.461 Acres.
4 strategically placed buildings which all provide access to handicap accessible apartments. Each Building will have internally lit solar powered car ports for the residents to park their cars. D) New Employment Benefits i. Complete the following chart indicating the number of FTE jobs presently employed at the Project and the number of FTE jobs that will be created at the Project site at the end of the first, second, third, fourth, and fifth years after the Project is completed. Jobs should be listed by title of category (see below), including FTE independent contractors or employees of independent contractors that work at the Project location. Do not include construction workers.
ii. Feel free to include additional information or a substitute chart if you think additional material would add clarity.
Current & Planned Full Salary Current Estimated Number of FTE Jobs Time Occupations (Job (Annual or Number of added each year after project Titles) Hourly) FTEs Year 1 Year 2 Year 3 Year 4 Year 5 completion Real Estate Rental Agent 45000 0 1 Maintenance 45000 0 1 Retail Jobs 30000 0 5 5 Job Creation Subtotal 2 5 5 For purposes of completing the chart, please list the job titles that will be increasing in number. If possible, please attach a brief description that outlines what each job entails. If you prefer, you may attach a job chart of your own that outlines the job growth projections regarding the project.
E) Financial Assistance sought (estimated values):
☐ Real Property Tax Abatement (PILOT): TBD ☐ Mortgage Recording Tax Exemption (.75% of amount mortgaged): 90,000 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 438,240 ☐ Tax Exempt Bond Financing (Amount Requested):
☐ Taxable Bond Financing (Amount Requested):
Onondaga County Industrial Development Agency Page 9 239 E. Water Street - 2nd Fl.
Syracuse, New York 13202 www.in-ARCHITECTS.com
PROJECT # 20013 Map #1128 Filed 6-15-1904 CO N- RA IL MH Well Jesuit OLD Stonewall enclosure R.O.W. & Easement to O.C.W.A. 4728/142 (County Route 137)
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"ALTERED BY" FOLLOWED BY HIS OR HER
OF THE ALTERATIONS.
PLAN SEAL BY:
NEAL H. ZINSMEYER, JR., P.E.
NYS REGISTRATION # 087211 SHEET PROJECT NO. SHEET TITLE: PROJECT TITLE: PREPARED BY: 18-1694 LE MOYNE MANOR NAPIERALA OLD LIVERPOOL ROAD
PROFESSIONAL ENGINEER, P.C. SKETCH PLAN TOWN OF SALINA ONONDAGA COUNTY, NY 23 OCT 2020 SITE DESIGN ENGINEERING PREPARED FOR:
MANLIUS,NEW YORK13104 EMPIRE MANAGEMENT OF CNY, INC.
SK-7 1" = 30' email:MNAP@NAPCON.COM 4306 E GENESEE STREET PH: (315) 682-5580 FAX:(315) 682-5544 NO. REVISION/ISSUE DATE SYRACUSE, NY 13214
DATE: 03/24/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
BIRDSEYE PERSPECTIVE Syracuse, New York 13202
A1 www.in-ARCHITECTS.com
DATE: 03/24/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
EXTERIOR PERSPECTIVE Syracuse, New York 13202
A2 www.in-ARCHITECTS.com
DATE: 03/24/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
EXTERIOR PERSPECTIVE Syracuse, New York 13202
A3 www.in-ARCHITECTS.com
DATE: 03/24/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
EXTERIOR PERSPECTIVE Syracuse, New York 13202
A4 www.in-ARCHITECTS.com
DATE: 03/24/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
EXTERIOR PERSPECTIVE Syracuse, New York 13202
A5 www.in-ARCHITECTS.com
DATE: 03/24/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
EXTERIOR PERSPECTIVE Syracuse, New York 13202
A6 www.in-ARCHITECTS.com
DATE: 07/01/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
EXTERIOR PERSPECTIVE Syracuse, New York 13202
A7 www.in-ARCHITECTS.com
36’-0” TOP OF TOWER 34’-0” TOP OF PARAPET 32’-0” TOP OF ROOF 22’-0” THIRD FLOOR 12’-0” SECOND FLOOR 0’-0” FIRST FLOOR MIXED-USE BUILDING WOOD SHUTTER WOOD SIDING 3 WOOD SIDING 2 TENANT SIGNAGE NORTH ELEVATION WOOD SIDING 1 PTAC UNIT MAPES CANOPY RAILING STONE VENEER W/ CAP ALUMINUM STOREFRONT SOUTH ELEVATION SIDE ELEVATION - TYPICAL
DATE: 03/24/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
MIXED-USE BLDG. EXTERIOR ELEVATIONS Syracuse, New York 13202
A8 www.in-ARCHITECTS.com
35’-0” TOP OF TOWER 33’-0” TOP OF PARAPET 31’-0” TOP OF ROOF 21’-0” THIRD FLOOR 11’-0” SECOND FLOOR 0’-0” FIRST FLOOR RESIDENTIAL BUILDING RESIDENTIAL ENTRY WOOD SIDING 2 WOOD SIDING 3 VINYL WINDOW FRONT ELEVATION WOOD SIDING 1 PTAC UNIT RAILING WOOD SHUTTER RESIDENTIAL ENTRANCE STONE VENEER W/ CAP REAR ELEVATION SIDE ELEVATION - TYPICAL
DATE: 03/24/2020 SCALE: NOT TO SCALE 239 E. Water Street - 2nd Fl.
RESIDENTIAL BLDG. EXTERIOR ELEVATIONS Syracuse, New York 13202
A9 www.in-ARCHITECTS.com
DATE: 03/24/2020 SCALE: 3/16” = 1’-0” 239 E. Water Street - 2nd Fl.
FLOOR PLAN Syracuse, New York 13202
A10 www.in-ARCHITECTS.com
DATE: 03/24/2020 SCALE: 3/16” = 1’-0” 239 E. Water Street - 2nd Fl.
FLOOR PLAN Syracuse, New York 13202
A11 www.in-ARCHITECTS.com November Approval Slate Company Application # Letter Received Check Issued Amount Sage Upstate 2 N N $ 2,012.07 Crestview Cadillac 3 N N $ 4,158.19 CNY Family Sports Centre 5 N N $ 10,000.00 Creators Lounge 8 N N $ 6,020.31 Speach Candy 20 N N $ 8,748.00 Visit Syracuse 21 N N $ 8,578.30 Manlius Senior Center 30 N N $ 1,428.71 Consortium for Children's Services 33 N N $ 912.00 Speedy Medical Transportation 34 N N $ 9,250.00 Pastimes Athletic Club 51 N N $ 5,453.29 Bellows Construction 67 N N $ 8,905.50 William Tucker Eyecare 74 N N $ 2,953.46 Safety Source 79 N N $ 3,024.93 Dunk & Bright 83 N N $ 1,370.12 $ - $ - $ - Total $ 72,814.88