Public Hearing – Camillus Mills Redevelopment Company, Inc. — Camillus-Mills-Phase-II-PH-Notice.pdf
================================================================================

NOTICE OF PUBLIC HEARING
            PURSUANT TO NEW YORK GENERAL MUNICIPAL LAW §859-a
              ON PROPOSED PROJECT AND FINANCIAL ASSISTANCE
        Camillus Mills Redevelopment Company, Inc. / Camillus Mills Phase II, LLC
                 52 Genesee Street, Village of Camillus (Town of Camillus)
                                 Tax Map # 002.-01-02.1
       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 5, 2021 at 10:30 A.M.
Public Hearing Location: Held via Zoom meeting: Meeting Number #88366232816, 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:

Camillus Mills Phase II, LLC, a New York limited liability company (the “Operating Company”)
and Camillus Mills Redevelopment Company, Inc., a New York corporation (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 a leasehold interest in an approximately 1.97
acre parcel of land located at 52 Genesee Street (tax map no. 002.-01-02.1) in the Village of
Camillus, Onondaga County, New York; (2) the construction on the Land of an approximately
60,500 square foot building, consisting of approximately fifty-eight (58) market rate apartments,
and approximately 6,500 square feet of commercial/retail space, approximately ninety-seven (97)
parking spaces and related amenities (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 estate transfer taxes and mortgage recording 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 15, 2021