Pubic Hearing – Taft Solar LLC/SLH II, LLC — Taft-Solar-SLH-II-PH-Notice2.pdf ============================================================================= NOTICE OF PUBLIC HEARING PURSUANT TO NEW YORK GENERAL MUNICIPAL LAW §859-a ON PROPOSED PROJECT AND FINANCIAL ASSISTANCE Taft Solar LLC / SLH II, LLC East Taft Road, Town of Manlius Tax Map # 034.-01-20.1 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: May 6, 2021 at 10:30 A.M. Public Hearing Location: Held via Zoom meeting: Meeting Number #86023125337, 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: Taft Solar LLC, a Delaware limited liability company authorized to do business in the State of New York (the “Operating Company”) and SLH II, LLC, a Delaware limited liability company authorized to do business in the State of New York (the “Real Estate Holding Company”) have submitted an application (the “Application”) on behalf of themselves and/or entities formed or to be formed on behalf of the foregoing, 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, 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 an interest in an approximately 38.54 acre parcel of land located on East Taft Road (tax map no. 034.-01-20.1) in the Town of Manlius, Onondaga County, New York (the “Land”); (2) the construction on the Land of an approximately 20 acre solar power electric generating photo-voltaic plant and DC coupled energy storage systems (the “Facility”); and (3) the acquisition and installation therein and thereon of related fixtures, machinery, equipment and other tangible personal property (collectively, the “Facility Equipment”) (the Land, the Facility and the Facility Equipment being collectively referred to as the “Company Project Facility”) such Company Project Facility 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 (4) the acquisition and installation therein and thereon of related fixtures, machinery, equipment and other tangible personal property (collectively the “Equipment” and together with the Company Project Facility, the “Project Facility”); (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, real property taxes and real estate transfer taxes (subject to certain statutory limitations) (the “Financial Assistance”); and (C) the lease (with an obligation to purchase) or sale of the Company 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 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 New York 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. ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY Dated: April 16, 2021