Public Hearing – NYCANNA, LLC — NYCANNA-PH-notice.pdf
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NOTICE OF PUBLIC HEARING
            PURSUANT TO NEW YORK GENERAL MUNICIPAL LAW §859-a
              ON PROPOSED PROJECT AND FINANCIAL ASSISTANCE

NYCANNA, LLC
                        6600 New Venture Gear Drive, Town of Dewitt
                                  Tax Map # 027.-02-11.1
       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: November 5, 2021 at 10:00 A.M.
Public Hearing Location: Dewitt Town Hall, 5400 Butternut Drive, East Syracuse, New York.
        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:

NYCANNA, LLC, a Delaware limited liability company d/b/a Acreage New York (the
“Company”), has submitted an application (the “Application”), on behalf of itself and/or entities
formed or to be formed on its behalf, 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 and/or entities formed or to be formed on its behalf,
said Project consisting of the following: (A)(1) the acquisition of a leasehold interest in all or a
portion of an approximately 109.02 acre parcel of land located at 6600 New Venture Gear Drive
(tax map no. 027.-02-11.1) in the Town of DeWitt, Onondaga County, New York (the “Land”)
and the existing 230,000 square foot building (the “Existing Building”) thereon; (2) the renovation
of the Existing Building and the construction of an approximately 56,834 square foot addition to
the Existing Building, together with related site improvements (the Existing Building as so
renovated and with such addition, the “Facility”); and (3) the acquisition and installation therein
and thereon of related fixtures, machinery, equipment and other tangible personal property
(collectively, the “Equipment”) (the Land, the Facility and the Equipment being collectively
referred to as the “Project Facility”), which Project Facility will be used by the Company as a
manufacturing and cultivation 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 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.

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 a 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 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: October 22, 2021