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.
Milton Real Properties of Massachusetts & Southworth-Milton, Inc.
(DBA Milton CAT)
October 8, 2020 The Public Hearing of the Onondaga County Industrial Development Agency, held on this day, Thursday, October 8, 2020 via Zoom meeting #83005864062, or dial in at 1-929-436-2866 was called to order at 10:30 am by Public Hearing Officer Nancy Lowery.
ATTENDEES:
Nancy Lowery, Public Hearing Officer Karen Doster The Public Hearing was conducted regarding the application and project described as follows: Milton Real Properties of Consider undertaking a project for the benefit of the Operating Massachusetts & Southworth Company and the Real Estate Holding Company and/or entities Milton, Inc. DBA Milton CAT formed or to be formed on their behalf, said Project consisting of the following: (A)(1) the acquisition of a leasehold interest in approximately 19.74 acres of land, the construction of an approximately 75,000-85,000 square foot building and the acquisition and installation therein and thereon of related fixtures, machinery, equipment and other tangible personal property not part of the Equipment; to be leased and subleased by the Agency to the Real Estate Holding Company and further subleased by the Real Estate Holding Company to the Operating Company, and (2) the acquisition and installation of certain equipment and personal property, all of the foregoing Project Facility to constitute a facility providing heavy equipment and power systems for the construction and business communities and a corporate headquarters,; (B) the granting of certain financial assistance with respect to the foregoing, including potential exemptions from certain sales and use taxes; and (C) the lease or sale of the Project Facility to the Real Estate Holding Company or such other person as may be designated by the Real Estate Holding Company and agreed upon by the Agency and the lease or sale of the Equipment to the Operating Company or such other person as may be designated by the Operating Company and agreed upon by the Agency.
Location: 7285 and 7309 Eastman Road Town of Cicero NOTICE JS 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: October 8, 2020 at 10:30 A.M.
Public Hearing Location: Held via Zoom meeting: Meeting Number #83005864062, or dial in at 1- 929-436-2866 and enter meeting number.
For assistance or questions regarding the public hearing please contact the Onondaga County Industrial Development Agency.
The public hearing is being held in connection with the following matter:
Southworth-Milton, Inc. (DBA Milton CAT) (the “Operating Company”) and Milton Real Properties of Massachusetts, LLC (the “Real Estate Holding Company”) on behalf of themselves and/or entities formed or to be formed on behalf of the foregoing, have 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 Operating Company and the Real Estate Holding Company and/or entities formed or to be formed on their behalf, said Project consisting of the following: (A)(1) the acquisition of a leasehold interest in approximately 19.74 acres of land located at 7285 and 7309 Eastman Road (tax map nos. 055.-03-01 and 055.-03-02) in the Town of Cicero, Onondaga County, New York (the “Land”), the construction of an approximately 75,000-85,000 square foot building (the “Facility’) and the acquisition and installation therein and thereon of related fixtures, machinery, equipment and other tangible personal property not part of the Equipment (as such term is defined herein) (collectively, the “Facility Equipment”) (the Land, the Facility and the Facility Equipment being collectively referred to as the “Company Project Facility”) which Company Project Facility is to be leased and subleased by the Agency to the Real Estate Holding Company and further subleased by the Real Estate Holding Company to the Operating Company, and (2) the acquisition and installation of certain equipment and personal property (the “Equipment”, and together with the Company Project Facility, the “Project Facility”), all of the foregoing Project Facility to constitute a facility providing heavy equipment and power systems for the construction and business communities and a corporate headquarters,; (B) the granting of certain “financial assistance” (within the meaning of Section 854(14) of the Act) with respect to the foregoing, including potential exemptions from certain sales and use taxes (subject to certain statutory limitations) (the “Financial Assistance”); and (C) the lease (with an obligation to purchase) or sale of the Project Facility to the Real Estate Holding Company or such other person as may be designated by the Real Estate Holding Company and agreed upon by the Agency and the lease (with an obligation to purchase) or sale of the Equipment to the Operating Company or such other person as may be designated by the Operating Company and agreed upon by the Agency.
The Operating Company and/or the Real Estate Holding Company will sublease a portion of the Project Facility to SITECH Northeast, a related entity to the Operating Company, which will use the space in connection with its business that sells and supports the technology and automation of the Operating Company’s earthmoving business.
The Real Estate Holding Company will be the initial owner of the Project Facility and the Operating Company will be the initial 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 Project and/or the Financial Assistance. A copy of the Application including a cost/benefit analysis is available at the office of the Agency for review by interested persons. This public hearing will be held by remote means, by Zoom meeting and telephone conference call, in accordance with the modifications to Article 7 of the Public Officers Law (the “Open Meetings Law’) as modified by N.Y Governor Andrew Cuomo’s Executive Order 202.1, as extended in response to the COVID-19 pandemic. A copy of a recording of the hearing will be available on the Agency’s website.
Public Hearing Officer Lowery asked if anyone had any comments in favor of the proposed project. There were none. She then asked if anyone wanted to speak in opposition to the proposed project. There were none. Public Hearing Officer Lowery then asked if anyone wanted to make any general comments about the proposed project. There were none. The Public Hearing Officer also noted no written comments had been received as of October 8, 2020. Comments are kept on file and available for public viewing at 333 West Washington Street, Suite 130, Syracuse, New York. The notice for Public Hearing has been read. The opportunity for comments for and against the proposed project has been noted. There being no further business, Public Hearing Officer Lowery closed the hearing at 10:38 a.m.
By: YG
Nancy Lowery Public Hearing Officer