December 2022 – Rescheduled — 12-20-22-OCIDA-Regular-Board-Mtg-Packet-reduced.pdf ================================================================================ ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY 333 WEST WASHINGTON STREET, SUITE 130, SYRACUSE, NY 13202 PHONE: 315.435.3770  FAX: 315.435.3669  ONGOVED.COM Regular Meeting Agenda December 20, 2022 8:00 AM Call to Order the Meeting of the Agency 1. Approval of Minutes: November 8 & November 29, 2022 Minutes 2. Treasurer’s Report 3. Payment of Bills 4. Conflict of Interest 1. Cryomech, Inc. (3101-22-08A) Second Meeting Cryomech, Inc. is proposing to acquire approximately 12.5 acres from parcels adjacent to their current location in the Town of Dewitt and to construct an expansion consisting of approximately 30,000 SF of manufacturing space and 4,000 SF of office space. The applicant is requesting exemptions from certain sales and use taxes, real property taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board to authorize adoption of SEQRA determination. b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes. Representative: Parminder Banga, Engineering Manager, Cryomech ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY 333 WEST WASHINGTON STREET, SUITE 130, SYRACUSE, NY 13202 PHONE: 315.435.3770  FAX: 315.435.3669  ONGOVED.COM Regular Meeting Agenda December 20, 2022 8:00 AM Call to Order the Meeting of the Agency 1. Approval of Minutes: November 8 & November 29, 2022 Minutes 2. Treasurer’s Report 3. Payment of Bills 4. Conflict of Interest 1. Cryomech, Inc. (3101-22-08A) Second Meeting Cryomech, Inc. is proposing to acquire approximately 12.5 acres from parcels adjacent to their current location in the Town of Dewitt and to construct an expansion consisting of approximately 30,000 SF of manufacturing space and 4,000 SF of office space. The applicant is requesting exemptions from certain sales and use taxes, real property taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board to authorize adoption of SEQRA determination. b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes. Representative: Parminder Banga, Engineering Manager, Cryomech 2. Tocco Villaggio III, LLC (3101-22-07A) Second Meeting Tocco Villaggio III, LLC is proposing to construct an approximately 208-unit apartment complex totaling approximately 295,000 square feet in the Town of Clay. The complex would have 8 apartment buildings consisting of one and two bedroom units along with interior and exterior amenities. The applicant is requesting exemptions from certain sales and use taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board to authorize adoption of SEQRA determination. b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from sales and use taxes and mortgage recording taxes. Representative: James Trasher, P.E. CHA Consulting 1 page1 2. Tocco Villaggio III, LLC (3101-22-07A) Second Meeting Tocco Villaggio III, LLC is proposing to construct an approximately 208-unit apartment complex totaling approximately 295,000 square feet in the Town of Clay. The complex would have 8 apartment buildings consisting of one and two bedroom units along with interior and exterior amenities. The applicant is requesting exemptions from certain sales and use taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board to authorize adoption of SEQRA determination. b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from sales and use taxes and mortgage recording taxes. Representative: James Trasher, P.E. CHA Consulting 1 page1 3. Peregrine Holdings LLC (3101-22-09A) Second Meeting Peregrine Holdings LLC is proposing to construct an assisted senior living residence with memory care services for persons with Alzheimer’s disease and other memory-related health concerns of approximately 37,000 square feet consisting of approximately 64 units and related amenities (including parking) in the Town of Manlius. The applicant is requesting exemptions from certain sales and use taxes, real property taxes and mortgage recording taxes. The applicant has notified Agency staff that it will undertake the project with PSL of Fayetteville LLC as the operating company and Fayetteville MC Owner LLC as the real estate holding company. Agency Action Required: a. A resolution of the Board to authorize adoption of SEQRA determination. b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes. Representative: Stephen Bowman, President, Peregrine Holdings LLC 3. Peregrine Holdings LLC (3101-22-09A) Second Meeting Peregrine Holdings LLC is proposing to construct an assisted senior living residence with memory care services for persons with Alzheimer’s disease and other memory-related health concerns of approximately 37,000 square feet consisting of approximately 64 units and related amenities (including parking) in the Town of Manlius. The applicant is requesting exemptions from certain sales and use taxes, real property taxes and mortgage recording taxes. The applicant has notified Agency staff that it will undertake the project with PSL of Fayetteville LLC as the operating company and Fayetteville MC Owner LLC as the real estate holding company. Agency Action Required: a. A resolution of the Board to authorize adoption of SEQRA determination. b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes. Representative: Stephen Bowman, President, Peregrine Holdings LLC 4. Request for Professional Services: OCIDA Public Relations/Marketing Services The Agency is proposing to enter into contracts for firms to provide public relations and marketing services regarding OCIDA projects and economic opportunities in Onondaga County and in support of OCIDAs mission to stimulate economic development, growth and general prosperity for the people of Onondaga County. Agency Action Requested a. A resolution of the Board authorizing the Executive Director to enter into retainer agreements with the following companies for public relations/marketing services on an as-needed basis: 1) Eric Mower and Associates, 2) ABC Creative Group, and 3) Epoch Advertising Agency. Representative: Robert Petrovich, Executive Direction, OCIDA 2 page2 5. Armoured One, LLC (3101-18-06A) Meeting to Modify Armoured One, LLC is requesting a one-year extension to their Sales and Use Tax Exemption Agency Action Requested: a. A resolution of the Board authorizing an extension to the Sales and Use Tax Exemption for Armoured One, LLC and North Midler Properties, LLC. Representative: Tino Amodei, CTO and Co-Founder, Armoured One 4. Request for Professional Services: OCIDA Public Relations/Marketing Services The Agency is proposing to enter into contracts for firms to provide public relations and marketing services regarding OCIDA projects and economic opportunities in Onondaga County and in support of OCIDAs mission to stimulate economic development, growth and general prosperity for the people of Onondaga County. Agency Action Requested a. A resolution of the Board authorizing the Executive Director to enter into retainer agreements with the following companies for public relations/marketing services on an as-needed basis: 1) Eric Mower and Associates, 2) ABC Creative Group, and 3) Epoch Advertising Agency. Representative: Robert Petrovich, Executive Direction, OCIDA 2 page2 5. Armoured One, LLC (3101-18-06A) Meeting to Modify Armoured One, LLC is requesting a one-year extension to their Sales and Use Tax Exemption Agency Action Requested: a. A resolution of the Board authorizing an extension to the Sales and Use Tax Exemption for Armoured One, LLC and North Midler Properties, LLC. Representative: Tino Amodei, CTO and Co-Founder, Armoured One 6. COR Inner Harbor Company, LLC (3101-15-14A) Meeting to Modify COR Van Rensselaer Street Company II, LLC and COR Van Rensselaer Street Company III, Inc. are requesting a one-year extension of the sales and use tax exemption in connection with Parcels B2-4 and C-2, Inner Harbor Project. Agency Action Requested: a. A resolution of the Board authorizing the extension of the sales and use tax exemption for COR Van Rensselaer Street Company II, LLC and COR Van Rensselaer Street Company III, Inc.(COR Inner Harbor Company, LLC Sub Project 1) Representative: Catherine Johnson, CEO, COR Development Company, LLC 7. DISTRICT EAST (3101-22-06A) Agency Action Requested: a. A resolution of the Board authorizing and directing Agency staff and counsel to take various actions pursuant to the Eminent Domain Procedure Law for the potential acquisition of lands and easement rights in support of the proposed District East development. Representatives: Jeffrey W. Davis, OCIDA Legal Counsel, Barclay Damon 3 page3 8. White Pine Commerce Park Zone Change 6. COR Inner Harbor Company, LLC (3101-15-14A) Meeting to Modify COR Van Rensselaer Street Company II, LLC and COR Van Rensselaer Street Company III, Inc. are requesting a one-year extension of the sales and use tax exemption in connection with Parcels B2-4 and C-2, Inner Harbor Project. Agency Action Requested: a. A resolution of the Board authorizing the extension of the sales and use tax exemption for COR Van Rensselaer Street Company II, LLC and COR Van Rensselaer Street Company III, Inc.(COR Inner Harbor Company, LLC Sub Project 1) Representative: Catherine Johnson, CEO, COR Development Company, LLC 7. DISTRICT EAST (3101-22-06A) Agency Action Requested: a. A resolution of the Board authorizing and directing Agency staff and counsel to take various actions pursuant to the Eminent Domain Procedure Law for the potential acquisition of lands and easement rights in support of the proposed District East development. Representatives: Jeffrey W. Davis, OCIDA Legal Counsel, Barclay Damon 3 page3 8. White Pine Commerce Park Zone Change Agency Action Requested: a. Resolution of the Board authorizing the Executive Director to proceed with a zone change with respect to certain parcels of land located at the White Pine Commerce Park and complete all mapping, site plan and legal work necessary to submit and process the zone change request. Representative: Robert Petrovich, Executive Director, OCIDA Adjourn 4 page4 Onondaga County Industrial Development Agency Special Meeting Minutes November 29, 2022 A Special meeting of the Onondaga County Industrial Development Agency was held on Tuesday, November 29, 2022 at 333 West Washington Street, Syracuse, New York in the large conference room on the first floor. Patrick Hogan called the meeting to order at 8:03 am with the following: PRESENT: Patrick Hogan Janice Herzog Victor Ianno Susan Stanczyk Kevin Ryan Fanny Villarreal ABSENT: Steve Morgan ALSO PRESENT: Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Matt Pelligra, Office of Economic Development Jeff Davis, Barclay Damon Law Firm Agency Action Requested: a. Resolution of the Board authorizing the Executive Director to proceed with a zone change with respect to certain parcels of land located at the White Pine Commerce Park and complete all mapping, site plan and legal work necessary to submit and process the zone change request. Representative: Robert Petrovich, Executive Director, OCIDA Adjourn 4 page4 Onondaga County Industrial Development Agency Special Meeting Minutes November 29, 2022 A Special meeting of the Onondaga County Industrial Development Agency was held on Tuesday, November 29, 2022 at 333 West Washington Street, Syracuse, New York in the large conference room on the first floor. Patrick Hogan called the meeting to order at 8:03 am with the following: PRESENT: Patrick Hogan Janice Herzog Victor Ianno Susan Stanczyk Kevin Ryan Fanny Villarreal ABSENT: Steve Morgan ALSO PRESENT: Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Matt Pelligra, Office of Economic Development Jeff Davis, Barclay Damon Law Firm CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts reported. CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts reported. RAMBOLL SUPPLEMENTAL AUTHORIZATION Robert Petrovich stated the purpose of this meeting is to increase the contract authorization with Ramboll. He stated the last authorization increase was about $50,000 which brought their contract to about $850,000 and this will be an additional increase in support to ready the site for Micron. He stated the funds will be expended on a topographic survey so Micron can continue developing their site plan for the White Pine Commerce Park. He stated as the Board knows the Agency has acquired a number of separate parcels over the course of the past 3 years and a boundary survey will need to be done to clearly identify the site because most of the properties were purchased off tax maps for the expediency of the transaction required. He stated this authorization is to advance that work. page5 Victor Ianno asked once the boundary survey is completed will all the individual property lines go away. Robert Petrovich stated there will be a process of re-subdividing the property and a zone change so those will come after we are done with this but not necessarily right away. He stated this will be the path to accomplish that. He stated we may want to create 2, no more than 3, tax parcels being the main campus west of Burnet Road and east campus east of Burnet Road. Victor Ianno asked if there will be 2 individual properties. Robert Petrovich stated yes and all existing interior lot lines will go away. RAMBOLL SUPPLEMENTAL AUTHORIZATION Robert Petrovich stated the purpose of this meeting is to increase the contract authorization with Ramboll. He stated the last authorization increase was about $50,000 which brought their contract to about $850,000 and this will be an additional increase in support to ready the site for Micron. He stated the funds will be expended on a topographic survey so Micron can continue developing their site plan for the White Pine Commerce Park. He stated as the Board knows the Agency has acquired a number of separate parcels over the course of the past 3 years and a boundary survey will need to be done to clearly identify the site because most of the properties were purchased off tax maps for the expediency of the transaction required. He stated this authorization is to advance that work. page5 Victor Ianno asked once the boundary survey is completed will all the individual property lines go away. Robert Petrovich stated there will be a process of re-subdividing the property and a zone change so those will come after we are done with this but not necessarily right away. He stated this will be the path to accomplish that. He stated we may want to create 2, no more than 3, tax parcels being the main campus west of Burnet Road and east campus east of Burnet Road. Victor Ianno asked if there will be 2 individual properties. Robert Petrovich stated yes and all existing interior lot lines will go away. Patrick Hogan asked if Ramboll would do everything. Robert Petrovich stated Ramboll will take care of this with a licensed land surveyor who will be a sub to Ramboll on this contract. Patrick Hogan asked if there will be additional subs down the road. Robert Petrovich stated yes there will be additional work down road ultimately but when that occurs and who will take the lead on that is yet to be determined. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing a Service Agreement amendment to increase the fee to Ramboll by $109,700.00 for survey and topographic work at the White Pine Commerce Park within the scope of the Service Agreement. Motion was carried. Victor Ianno asked at what point in this process does OCIDA take a step back and say we are done. Robert Petrovich stated we are in the process of trying to figure that out. He stated we are here to help Micron advance their objectives with respect to White Pine. He stated we are going to be in a supporting role to the extent that we can smooth out the bumps and apply grease to the rails. He stated the Agency will be the lead relative to SEQR but any of the site development work related to the site plan and ultimately the construction of the Fabs we are going to be in diminished support role. Patrick Hogan asked if Ramboll would do everything. Robert Petrovich stated Ramboll will take care of this with a licensed land surveyor who will be a sub to Ramboll on this contract. Patrick Hogan asked if there will be additional subs down the road. Robert Petrovich stated yes there will be additional work down road ultimately but when that occurs and who will take the lead on that is yet to be determined. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing a Service Agreement amendment to increase the fee to Ramboll by $109,700.00 for survey and topographic work at the White Pine Commerce Park within the scope of the Service Agreement. Motion was carried. Victor Ianno asked at what point in this process does OCIDA take a step back and say we are done. Robert Petrovich stated we are in the process of trying to figure that out. He stated we are here to help Micron advance their objectives with respect to White Pine. He stated we are going to be in a supporting role to the extent that we can smooth out the bumps and apply grease to the rails. He stated the Agency will be the lead relative to SEQR but any of the site development work related to the site plan and ultimately the construction of the Fabs we are going to be in diminished support role. Victor Ianno asked if Onondaga County is going to sell this property to them eventually or is the Agency going to own it and they are tenants. Robert Petrovich stated the Agency owns the property and ultimately the agreement is they will buy the property from the IDA at some point. He stated we are trying to figure where the right pivot is for that. He stated we don’t plan on 2 page6 being owners forever but with respect to the IDA benefits we will technically have a lease/leaseback agreement. He stated the Agency needs to be in nominal title or nominal control as it is required for them to receive benefits. Kevin Ryan asked if they submitted a formal application yet. Robert Petrovich stated his understanding is the application is in draft form and is imminent. He stated he would expect to have it in the next couple weeks. Kevin Ryan asked if there is a signed agreement between Micron and the Agency. Robert Petrovich stated there is a term sheet that has been signed between the State, Micron, the County and the IDA identifying key terms of the understanding between all parties to this project. Victor Ianno asked if Onondaga County is going to sell this property to them eventually or is the Agency going to own it and they are tenants. Robert Petrovich stated the Agency owns the property and ultimately the agreement is they will buy the property from the IDA at some point. He stated we are trying to figure where the right pivot is for that. He stated we don’t plan on 2 page6 being owners forever but with respect to the IDA benefits we will technically have a lease/leaseback agreement. He stated the Agency needs to be in nominal title or nominal control as it is required for them to receive benefits. Kevin Ryan asked if they submitted a formal application yet. Robert Petrovich stated his understanding is the application is in draft form and is imminent. He stated he would expect to have it in the next couple weeks. Kevin Ryan asked if there is a signed agreement between Micron and the Agency. Robert Petrovich stated there is a term sheet that has been signed between the State, Micron, the County and the IDA identifying key terms of the understanding between all parties to this project. ADJOURN Upon a motion by Fanny Villarreal, seconded by Victor Ianno, the OCIDA Board adjourned the meeting at 8:09 am. Motion was carried. _________________________________ Nancy Lowery, Secretary 3 page7 DRAFT Onondaga County Industrial Development Agency Regular Meeting Minutes November 8, 2022 A regular meeting of the Onondaga County Industrial Development Agency was held on Tuesday, November 8, 2022 at 333 West Washington Street, Syracuse, New York in the large conference room on the first floor. Patrick Hogan called the meeting to order at 8:00 am with the following: PRESENT: Patrick Hogan Janice Herzog Susan Stanczyk Kevin Ryan Fanny Villarreal ABSENT: Victor Ianno Steve Morgan ALSO PRESENT: Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Jeff Davis, Barclay Damon Law Firm Brian Gerling, Barclay Damon Law Firm Matthew Pelligra, Office of Economic Development APPROVAL OF REGULAR MEETING MINUTES – OCTOBER 6, 2022 & OCTOBER 20, 2022 SPECIAL MEETING ADJOURN Upon a motion by Fanny Villarreal, seconded by Victor Ianno, the OCIDA Board adjourned the meeting at 8:09 am. Motion was carried. _________________________________ Nancy Lowery, Secretary 3 page7 DRAFT Onondaga County Industrial Development Agency Regular Meeting Minutes November 8, 2022 A regular meeting of the Onondaga County Industrial Development Agency was held on Tuesday, November 8, 2022 at 333 West Washington Street, Syracuse, New York in the large conference room on the first floor. Patrick Hogan called the meeting to order at 8:00 am with the following: PRESENT: Patrick Hogan Janice Herzog Susan Stanczyk Kevin Ryan Fanny Villarreal ABSENT: Victor Ianno Steve Morgan ALSO PRESENT: Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Jeff Davis, Barclay Damon Law Firm Brian Gerling, Barclay Damon Law Firm Matthew Pelligra, Office of Economic Development APPROVAL OF REGULAR MEETING MINUTES – OCTOBER 6, 2022 & OCTOBER 20, 2022 SPECIAL MEETING Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the regular meeting minutes of October 6, 2022 and special meeting minutes of October 20, 2022. Motion was carried. TREASURER’S REPORT Nate Stevens gave a brief review of the Treasurer’s Report for the month of October 2022. Upon a motion by Fanny Villarreal, seconded by Janice Herzog, the OCIDA Board approved the Treasurer’s Report for the month of October 2022. Motion was carried. page8 Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the regular meeting minutes of October 6, 2022 and special meeting minutes of October 20, 2022. Motion was carried. TREASURER’S REPORT Nate Stevens gave a brief review of the Treasurer’s Report for the month of October 2022. Upon a motion by Fanny Villarreal, seconded by Janice Herzog, the OCIDA Board approved the Treasurer’s Report for the month of October 2022. Motion was carried. page8 PAYMENT OF BILLS Nate Stevens gave a brief review of the Payment of Bills Schedule #475 Upon a motion by Fanny Villarreal, seconded by Susan Stanczyk, the OCIDA Board approved the Payment of Bills Schedule #475 for $5,399,142.47 and PILOT payments to City of Syracuse for $1,510.14, Onondaga County for $970.99, Town of Onondaga for $3.03, Town of DeWitt for $14.88 and Jamesville DeWitt School District for $97.40. Motion was carried. PAYMENT OF BILLS Nate Stevens gave a brief review of the Payment of Bills Schedule #475 Upon a motion by Fanny Villarreal, seconded by Susan Stanczyk, the OCIDA Board approved the Payment of Bills Schedule #475 for $5,399,142.47 and PILOT payments to City of Syracuse for $1,510.14, Onondaga County for $970.99, Town of Onondaga for $3.03, Town of DeWitt for $14.88 and Jamesville DeWitt School District for $97.40. Motion was carried. CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts reported. CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts reported. TOCCO VILLAGGIO III, LLC (3101-22-07A INITIAL MEETING James Trasher stated he is from CHA and representing Tocco Villaggio. He stated they are requesting sales and mortgage recording tax abatement. He stated inflation, cost of goods and labor all have increased. He stated they are not looking for PILOT. He stated it has previously been approved by the Town of Clay. He stated about 10 acres of commercial land would be developed separately as well as the townhomes that are adjacent. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution authoring a public hearing for the Tocco Villaggio III, LLC project. Motion was carried. TOCCO VILLAGGIO III, LLC (3101-22-07A INITIAL MEETING James Trasher stated he is from CHA and representing Tocco Villaggio. He stated they are requesting sales and mortgage recording tax abatement. He stated inflation, cost of goods and labor all have increased. He stated they are not looking for PILOT. He stated it has previously been approved by the Town of Clay. He stated about 10 acres of commercial land would be developed separately as well as the townhomes that are adjacent. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution authoring a public hearing for the Tocco Villaggio III, LLC project. Motion was carried. PEREGRINE HOLDINGS LLC (3101-22-09A) INITIAL MEETING Stephen Bowman stated the project consists of a 68 bed memory care community located at 3965 Medical Center Drive consisting of 36,000 square feet. He stated it is going to cost $81 million and this will be their 15th memory care community in Upstate New York. He stated the project addresses 2 IDA justifications in his opinion. He stated the market study shows the occupancy in 2 page9 PEREGRINE HOLDINGS LLC (3101-22-09A) INITIAL MEETING Stephen Bowman stated the project consists of a 68 bed memory care community located at 3965 Medical Center Drive consisting of 36,000 square feet. He stated it is going to cost $81 million and this will be their 15th memory care community in Upstate New York. He stated the project addresses 2 IDA justifications in his opinion. He stated the market study shows the occupancy in 2 page9 memory care communities is 100% so there is no access to memory care services for new residents or patients. He stated secondly they are going to be the only enhanced living licensed for assisted living in that part of the county. He stated enhanced living is at a higher level and individuals have longer periods of stay so they are not forced prematurely to a nursing home. He stated because of the but/for test that includes a PILOT, sales tax and mortgage tax abatement, they would not be able to do the project. He stated he has developed 2 other projects identical to this building about 4-5 years ago but with inflation, interest rates and increase in utilities it is just exorbitant. He stated his project costs have gone up about $5 million in about 4 years. He stated Alzheimer’s and dementia is a crisis in our country and there are about 6 million Americans with Alzheimer’s today. He stated that number could be doubled in the next 10 years. He stated as an industry they are locked into a custodial modal of care and institution. He stated at Peregrine they try to develop a unique philosophy for memory care and address those unique needs. He stated in 5 years how do they measure if they did an effective job with the patient? He stated they struggled to answer that question but at the end of the day, inspired by Dr. Alzheimer himself, he thinks the goal of the program is to help individuals maintain a connection to themselves. He stated they know the disease of Alzheimer’s you lose your short term memory and how you help maintain a connection to themselves is done through long term memory. He stated it can be anything from storytelling, biographies and lectures not to teach people but to remind them of what they already know. He stated they have a chapel in every one of their buildings and is one of the only nondenominational religious inspired programs in the State because long term memories can be more powerful in religious memories. He stated they are going to create 150 construction jobs over 9 months and between 50 and 100 permanent positions based on the increased census over the next 24-36 months. He stated those are jobs with full benefits and health insurance. memory care communities is 100% so there is no access to memory care services for new residents or patients. He stated secondly they are going to be the only enhanced living licensed for assisted living in that part of the county. He stated enhanced living is at a higher level and individuals have longer periods of stay so they are not forced prematurely to a nursing home. He stated because of the but/for test that includes a PILOT, sales tax and mortgage tax abatement, they would not be able to do the project. He stated he has developed 2 other projects identical to this building about 4-5 years ago but with inflation, interest rates and increase in utilities it is just exorbitant. He stated his project costs have gone up about $5 million in about 4 years. He stated Alzheimer’s and dementia is a crisis in our country and there are about 6 million Americans with Alzheimer’s today. He stated that number could be doubled in the next 10 years. He stated as an industry they are locked into a custodial modal of care and institution. He stated at Peregrine they try to develop a unique philosophy for memory care and address those unique needs. He stated in 5 years how do they measure if they did an effective job with the patient? He stated they struggled to answer that question but at the end of the day, inspired by Dr. Alzheimer himself, he thinks the goal of the program is to help individuals maintain a connection to themselves. He stated they know the disease of Alzheimer’s you lose your short term memory and how you help maintain a connection to themselves is done through long term memory. He stated it can be anything from storytelling, biographies and lectures not to teach people but to remind them of what they already know. He stated they have a chapel in every one of their buildings and is one of the only nondenominational religious inspired programs in the State because long term memories can be more powerful in religious memories. He stated they are going to create 150 construction jobs over 9 months and between 50 and 100 permanent positions based on the increased census over the next 24-36 months. He stated those are jobs with full benefits and health insurance. Pat Hogan stated in the market study it says 26% of the 75 year old and plus population has some kind of Alzheimer’s. Stephen Bowman stated it is a really challenging question because if that is true based on his generation, he is 64 years old, then in 10 years we will have about 30 million Americans with Alzheimer’s or dementia. He stated maybe not quite that high but if it is, it is going to be devastating and will redefine characteristics of American society. He stated 30 million people living in institutional memory care communities is really going to have a dramatic effect on our finances, on our programming and on our family life. 3 page10 Pat Hogan stated there is certainly a great need and if anybody has been through it would understand. Susan Stanczyk asked where the other facilities are. Stephen Bowman stated they have 8 in the capital district and facilities in Rochester and Buffalo as well as one out of state. He stated they want to stay closer to home in New York State. He stated it is challenging at times but meaningful at times as well. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authoring a public hearing for the Peregrine Holdings LLC project. Motion was carried. G.A. BRAUN, INC. (3101-15-8B) MODIFICATION MEETING Pat Hogan stated in the market study it says 26% of the 75 year old and plus population has some kind of Alzheimer’s. Stephen Bowman stated it is a really challenging question because if that is true based on his generation, he is 64 years old, then in 10 years we will have about 30 million Americans with Alzheimer’s or dementia. He stated maybe not quite that high but if it is, it is going to be devastating and will redefine characteristics of American society. He stated 30 million people living in institutional memory care communities is really going to have a dramatic effect on our finances, on our programming and on our family life. 3 page10 Pat Hogan stated there is certainly a great need and if anybody has been through it would understand. Susan Stanczyk asked where the other facilities are. Stephen Bowman stated they have 8 in the capital district and facilities in Rochester and Buffalo as well as one out of state. He stated they want to stay closer to home in New York State. He stated it is challenging at times but meaningful at times as well. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authoring a public hearing for the Peregrine Holdings LLC project. Motion was carried. G.A. BRAUN, INC. (3101-15-8B) MODIFICATION MEETING Robert Petrovich stated back in 2015 Bond Schoeneck & King represented both the IDA and the applicant on this project. He stated through a search of records we determined that was actually the case. He stated those approvals were granted on both sides of the transaction. He stated Mr. Reichel is here to talk about the request. Paul Reichel stated this project is at Hancock Airpark and the original construction of GA Braun’s manufacturing facility was in 2007. He stated in 2015 they did an expansion of the facility and those bonds are variable rate based on the LIBOR index. He stated LIBOR is being eliminated and will no longer be available the beginning of June 2023 so any bonds or loans that bear interest based on LIBOR need to be amended to replace the LIBOR index with an alternative and in this case it is SOFR. He stated the documents need LIBOR pulled and add SOFR. He stated M & T holds the bonds and will also be extending the period they will hold them by one year as it gets worked through. He stated it is basic amendments to existing bond documents. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution approving certain Bond modifications for the GA Braun project and selecting Bond, Schoeneck & King as bond counsel for the bond modifications. Motion was carried. 4 page11 Robert Petrovich stated back in 2015 Bond Schoeneck & King represented both the IDA and the applicant on this project. He stated through a search of records we determined that was actually the case. He stated those approvals were granted on both sides of the transaction. He stated Mr. Reichel is here to talk about the request. Paul Reichel stated this project is at Hancock Airpark and the original construction of GA Braun’s manufacturing facility was in 2007. He stated in 2015 they did an expansion of the facility and those bonds are variable rate based on the LIBOR index. He stated LIBOR is being eliminated and will no longer be available the beginning of June 2023 so any bonds or loans that bear interest based on LIBOR need to be amended to replace the LIBOR index with an alternative and in this case it is SOFR. He stated the documents need LIBOR pulled and add SOFR. He stated M & T holds the bonds and will also be extending the period they will hold them by one year as it gets worked through. He stated it is basic amendments to existing bond documents. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution approving certain Bond modifications for the GA Braun project and selecting Bond, Schoeneck & King as bond counsel for the bond modifications. Motion was carried. 4 page11 OYA CAMILLUS B (3101-20-17D) MODIFICATION MEETING Jeff Davis stated as OYA Camillus B was going through a construction financing due diligence, it was identified a single metes and bounds description in the lease area was incorrect. He stated that had to be modified so they are back before the Board to modify the documents because there is a lease off of that. He stated it is a relatively simple resolution authorizing the amendments to existing OCIDA documents to address a change in the lease description. He stated SEQR was already done and the resolution before the Board does not change the SEQR determination. Upon a motion by Fanny Villarreal, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing an omnibus amendment and any related documents to amend the legal description of the straight lease transaction documents. Motion was carried. OYA CAMILLUS B (3101-20-17D) MODIFICATION MEETING Jeff Davis stated as OYA Camillus B was going through a construction financing due diligence, it was identified a single metes and bounds description in the lease area was incorrect. He stated that had to be modified so they are back before the Board to modify the documents because there is a lease off of that. He stated it is a relatively simple resolution authorizing the amendments to existing OCIDA documents to address a change in the lease description. He stated SEQR was already done and the resolution before the Board does not change the SEQR determination. Upon a motion by Fanny Villarreal, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing an omnibus amendment and any related documents to amend the legal description of the straight lease transaction documents. Motion was carried. ABUNDANT SOLAR POWER (E1), LLC (3101-20-13B) MODIFICATION MEETING Jeff Davis stated the Abundant Solar project in Elbridge has two things that are being approved in this proposed resolution. He stated the first is the transfer in ownership of the underlying LLC. He stated on the backend of the LLC there is a series of transactions and transfers ultimately ending up with the Solar Partnership LLC being the 100% membership owner of the entity. He stated the Agency has the agreement and documents with Solarized New York Holdings LLC. He stated it is an ownership member change. He stated as part of completing the process in Elbridge there is a change in the lease as well. He stated there are no changes to the SEQR determination. Noah Siegel stated they are nearing the end of construction and everything will be up and running by the end of the year. He stated it was a pleasure working with the Town and the IDA. He stated he would like the Board to come visit the site and they will be having a ribbon cutting hopefully before the snow comes Patrick Hogan asked if they foresee any other changes. Noah Seigel stated not at this time. 5 page12 ABUNDANT SOLAR POWER (E1), LLC (3101-20-13B) MODIFICATION MEETING Jeff Davis stated the Abundant Solar project in Elbridge has two things that are being approved in this proposed resolution. He stated the first is the transfer in ownership of the underlying LLC. He stated on the backend of the LLC there is a series of transactions and transfers ultimately ending up with the Solar Partnership LLC being the 100% membership owner of the entity. He stated the Agency has the agreement and documents with Solarized New York Holdings LLC. He stated it is an ownership member change. He stated as part of completing the process in Elbridge there is a change in the lease as well. He stated there are no changes to the SEQR determination. Noah Siegel stated they are nearing the end of construction and everything will be up and running by the end of the year. He stated it was a pleasure working with the Town and the IDA. He stated he would like the Board to come visit the site and they will be having a ribbon cutting hopefully before the snow comes Patrick Hogan asked if they foresee any other changes. Noah Seigel stated not at this time. 5 page12 Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution consenting to the sale of membership interest of a company with a current straight- lease transaction and authorizing an omnibus amendment and any related documents to amend the legal description of the straight-lease transaction documents. Motion was carried. WHITE PINE PROPERTY – AUTHORIZATION OF ACTIVITIES Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution consenting to the sale of membership interest of a company with a current straight- lease transaction and authorizing an omnibus amendment and any related documents to amend the legal description of the straight-lease transaction documents. Motion was carried. WHITE PINE PROPERTY – AUTHORIZATION OF ACTIVITIES Robert Petrovich stated the White Pine site has been designated for investment by Micron of up to $100 billion over 20 years. He stated the IDA still owns the property and will own it for the foreseeable short term. He stated staff is interested in additional site readiness of the property and what that means is we want to be in a position to complete necessary work in support of ultimately transferring property to Micron. He stated things we will have to undertake a number of interrelated tasks. He stated a boundary survey needs to be done for the property, we need to consolidate all the different tax parcels into one tax parcel and we need to do a topographic survey as well to be able to provide it to the construction team for site layout. He stated in addition we have a number of houses along Burnet Road and other locations on White Pine that are vacant and are attractive nuisances so staff would like to advance the work necessary to remove those houses. He stated pre-demolition surveys for asbestos and asbestos abatement is necessary. He stated the houses would be demolished or work with local fire departments who have expressed an interest in doing controlled burns such that they can provide training to their personnel involving properties they are not familiar with. He stated they do have controlled burn facilities in other locations but they know those facilities inside and out so doing something in a facility they are not familiar with is advantageous to them. He stated it is these kinds of activities he would like to get ready to go through a procurement policy. Robert Petrovich stated the White Pine site has been designated for investment by Micron of up to $100 billion over 20 years. He stated the IDA still owns the property and will own it for the foreseeable short term. He stated staff is interested in additional site readiness of the property and what that means is we want to be in a position to complete necessary work in support of ultimately transferring property to Micron. He stated things we will have to undertake a number of interrelated tasks. He stated a boundary survey needs to be done for the property, we need to consolidate all the different tax parcels into one tax parcel and we need to do a topographic survey as well to be able to provide it to the construction team for site layout. He stated in addition we have a number of houses along Burnet Road and other locations on White Pine that are vacant and are attractive nuisances so staff would like to advance the work necessary to remove those houses. He stated pre-demolition surveys for asbestos and asbestos abatement is necessary. He stated the houses would be demolished or work with local fire departments who have expressed an interest in doing controlled burns such that they can provide training to their personnel involving properties they are not familiar with. He stated they do have controlled burn facilities in other locations but they know those facilities inside and out so doing something in a facility they are not familiar with is advantageous to them. He stated it is these kinds of activities he would like to get ready to go through a procurement policy. Jeff Davis stated this resolution authorizes using the existing engineer under their current scope which is consistent with this in terms of preparing and prepping a site to create the bid packages. He stated the Board is also authorizing the use of the County to process the public bid process should we go down that road to free up staff time. He stated the County has offered to run the public bid that would ultimately come back to Board for any approval of expenditure of funds. He stated they will take the public bid, bids will come back to us, we would identify who the lowest bidders are and come back to the Board to authorize the use of funds for anything with regard to abatement contracting, demolition of homes etc. He stated all of this is consistent with 6 page13 the SEQR Environmental review that was done to make it a marketable facility to get to where we are. He stated this is just procedural steps and actual expenditure of the money will come back before the Board. Patrick Hogan stated this is amazing and wanted to thank his colleagues on the Board and certainly the staff and County Executive. He stated this is largest private investment in the history of the country. Jeff Davis stated this resolution authorizes using the existing engineer under their current scope which is consistent with this in terms of preparing and prepping a site to create the bid packages. He stated the Board is also authorizing the use of the County to process the public bid process should we go down that road to free up staff time. He stated the County has offered to run the public bid that would ultimately come back to Board for any approval of expenditure of funds. He stated they will take the public bid, bids will come back to us, we would identify who the lowest bidders are and come back to the Board to authorize the use of funds for anything with regard to abatement contracting, demolition of homes etc. He stated all of this is consistent with 6 page13 the SEQR Environmental review that was done to make it a marketable facility to get to where we are. He stated this is just procedural steps and actual expenditure of the money will come back before the Board. Patrick Hogan stated this is amazing and wanted to thank his colleagues on the Board and certainly the staff and County Executive. He stated this is largest private investment in the history of the country. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the Executive Director to (i) (A) engage Ramboll, a previously approved engineering firm supporting the White Pine property, to commence the development of bid/procurement package(s) for the inspection, abatement and potential demolition of vacant Agency-owned structures at the White Pine property (B) utilize the Onondaga County Division of Purchase to manage such public bidding related to Agency public bids for the White Pine property; (ii) engage Ramboll to procure, select, coordinate and oversee subcontract(s) for survey and topographic work at the White Pine property; (iii) complete any necessary regulatory and permitting requirements and engage in discussions for possible arrangement with the Town of Clay Fire Department to conduct controlled burns of certain structures at the White Pine property to support training of fire department personnel, as requested by the Town of Clay Fire Department. Motion was carried. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the Executive Director to (i) (A) engage Ramboll, a previously approved engineering firm supporting the White Pine property, to commence the development of bid/procurement package(s) for the inspection, abatement and potential demolition of vacant Agency-owned structures at the White Pine property (B) utilize the Onondaga County Division of Purchase to manage such public bidding related to Agency public bids for the White Pine property; (ii) engage Ramboll to procure, select, coordinate and oversee subcontract(s) for survey and topographic work at the White Pine property; (iii) complete any necessary regulatory and permitting requirements and engage in discussions for possible arrangement with the Town of Clay Fire Department to conduct controlled burns of certain structures at the White Pine property to support training of fire department personnel, as requested by the Town of Clay Fire Department. Motion was carried. A REQUEST FOR PROPOSAL (RFP) FOR PUBLIC RELATIONS/MARKETING SERVICES. Robert Petrovich stated consistent with all the activity that we have seen relative to White Pine and even beyond the scope of White Pine there are a number of potential opportunities that the IDA Board will be contemplating in the future relating to Tier 1, 2 and 3 supply chains in support of the semiconductor industry. He state there is a need for public relations and marketing services in general. He stated we have probably always had that need but it has been exasperated with White Pine. He stated we need to be out in front with these particular issues. He stated consistent with how we retain a stable of legal expertise and technical expertise with the RFP process, we will have a stable of firms that we can use depending upon the specific project, relationships and conflict of interest that come up periodically. He stated we are seeking 7 page14 to issue an RFP for these types of services that will be provided by potentially any of the stable of however many firms potentially respond and use those firms as opportunities present themselves. He stated staff recommends issuing the RFP with the Boards authorization. Upon a motion by Fanny Villarreal, seconded by Janice Herzog , the OCIDA Board approved a resolution authorizing the issuance of a RFP for public relations/marketing services. Motion was carried. A REQUEST FOR PROPOSAL (RFP) FOR PUBLIC RELATIONS/MARKETING SERVICES. Robert Petrovich stated consistent with all the activity that we have seen relative to White Pine and even beyond the scope of White Pine there are a number of potential opportunities that the IDA Board will be contemplating in the future relating to Tier 1, 2 and 3 supply chains in support of the semiconductor industry. He state there is a need for public relations and marketing services in general. He stated we have probably always had that need but it has been exasperated with White Pine. He stated we need to be out in front with these particular issues. He stated consistent with how we retain a stable of legal expertise and technical expertise with the RFP process, we will have a stable of firms that we can use depending upon the specific project, relationships and conflict of interest that come up periodically. He stated we are seeking 7 page14 to issue an RFP for these types of services that will be provided by potentially any of the stable of however many firms potentially respond and use those firms as opportunities present themselves. He stated staff recommends issuing the RFP with the Boards authorization. Upon a motion by Fanny Villarreal, seconded by Janice Herzog , the OCIDA Board approved a resolution authorizing the issuance of a RFP for public relations/marketing services. Motion was carried. EXECUTIVE SESSION Jeff Davis stated he would request the motion for the Board to go into Legal Advice Session with regard to a discussion on legalities of accepting Onondaga County funding immediately followed by Executive Session which would be for the purpose of discussing the purchase of real property. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board went into Legal Advice and Executive Session at 8:31 am. Motion was carried. Upon a motion by Fanny Villarreal, seconded by Janice Herzog, the OCIDA Board adjourned Legal Advice and Executive session at 8:59 am. Motion was carried. EXECUTIVE SESSION Jeff Davis stated he would request the motion for the Board to go into Legal Advice Session with regard to a discussion on legalities of accepting Onondaga County funding immediately followed by Executive Session which would be for the purpose of discussing the purchase of real property. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board went into Legal Advice and Executive Session at 8:31 am. Motion was carried. Upon a motion by Fanny Villarreal, seconded by Janice Herzog, the OCIDA Board adjourned Legal Advice and Executive session at 8:59 am. Motion was carried. ACCEPTANCE OF ONONDAGA COUNTY FUNDING Upon a motion by Janice Herzog, seconded by Fanny Villarreal, the OCIDA Board approved a resolution authorizing and ratifying the Executive Director to enter into a contract amendment with Onondaga County in connection with assisting economic development efforts of OCIDA. Motion was carried. ACCEPTANCE OF ONONDAGA COUNTY FUNDING Upon a motion by Janice Herzog, seconded by Fanny Villarreal, the OCIDA Board approved a resolution authorizing and ratifying the Executive Director to enter into a contract amendment with Onondaga County in connection with assisting economic development efforts of OCIDA. Motion was carried. PURCHASE CONTRACT EXECUTION 8 page15 Jeff Davis stated this property is in the White Pine Commerce Park expanded area and would be part of the Draft Supplemental GEIS, Final Supplemental GEIS and part of the Findings Statement of the acquisition of the land consistent with the Findings Statement, the draft supplemental GEIS and Final Supplemental GEIS . He stated it has been previously determined among reasonable alternatives this avoids any adverse environmental effects to the maximum extent practical and the acquisition of the property will be carried out in accordance with those conditions and thresholds established in the Final Supplemental GEIS and the Findings Statement. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the adoption of SEQR determination. Motion was carried. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the Executive Director to enter into a purchase contract and any related documents with respect to one parcel of property. Motion was carried. PURCHASE CONTRACT EXECUTION 8 page15 Jeff Davis stated this property is in the White Pine Commerce Park expanded area and would be part of the Draft Supplemental GEIS, Final Supplemental GEIS and part of the Findings Statement of the acquisition of the land consistent with the Findings Statement, the draft supplemental GEIS and Final Supplemental GEIS . He stated it has been previously determined among reasonable alternatives this avoids any adverse environmental effects to the maximum extent practical and the acquisition of the property will be carried out in accordance with those conditions and thresholds established in the Final Supplemental GEIS and the Findings Statement. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the adoption of SEQR determination. Motion was carried. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the Executive Director to enter into a purchase contract and any related documents with respect to one parcel of property. Motion was carried. ADJOURN Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board adjourned the meeting at 9:01 am. Motion was carried. _________________________________ Nancy Lowery, Secretary 9 page16 ADJOURN Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board adjourned the meeting at 9:01 am. Motion was carried. _________________________________ Nancy Lowery, Secretary 9 page16 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY 335 MONTGOMERY STREET, 2ND FLOOR, SYRACUSE, NY 13202 PHONE: 315.435.3770 • FAX: 315.435.3669 November 30, 2022 2022 Budget Current YTD Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating Revenue 18,755 2,403,419 1,444,000 959,419 Operating Expense 121,525 625,424 800,000 (174,576) Program Expense 115,947 1,114,708 644,000 470,708 Net Ordinary Income (218,717) 663,287 - 663,287 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY 335 MONTGOMERY STREET, 2ND FLOOR, SYRACUSE, NY 13202 PHONE: 315.435.3770 • FAX: 315.435.3669 November 30, 2022 2022 Budget Current YTD Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating Revenue 18,755 2,403,419 1,444,000 959,419 Operating Expense 121,525 625,424 800,000 (174,576) Program Expense 115,947 1,114,708 644,000 470,708 Net Ordinary Income (218,717) 663,287 - 663,287 Current Assets Current YTD Prior YTD Total Cash 4,191,077 2,931,553 Less Pass Through Received - 76,974 Available Cash 4,191,077 2,854,579 Receivables (less pass through rec.) 149,691 14,000 Grant Reimbursements - - Total 4,340,768 2,868,579 Receivables 0-120 days 149,691 > 120 days - Total 149,691 page17 Onondaga County Industrial Development Agency Profit and Loss November 2022 Current Assets Current YTD Prior YTD Total Cash 4,191,077 2,931,553 Less Pass Through Received - 76,974 Available Cash 4,191,077 2,854,579 Receivables (less pass through rec.) 149,691 14,000 Grant Reimbursements - - Total 4,340,768 2,868,579 Receivables 0-120 days 149,691 > 120 days - Total 149,691 page17 Onondaga County Industrial Development Agency Profit and Loss November 2022 TOTAL Income 500 Operating Revenue 2116 Fees 2116.1 Agency Fees 14,640.00 2116.2 Application Fees 3,000.00 Total 2116 Fees 17,640.00 2410 Lease Income 750.00 Total 500 Operating Revenue 18,390.00 501 Non-Operating Revenue 2401 Interest Income 365.26 Total 501 Non-Operating Revenue 365.26 534 Pilot & Pass Thru Revenue 528 Pass thru Income 2,910.00 Total 534 Pilot & Pass Thru Revenue 2,910.00 Total Income $21,665.26 GROSS PROFIT $21,665.26 Expenses 6400 Operating Expense 6402 Rent 13,400.35 6406 Other Professional Services 6406.50 Consulting Services 2,500.00 Total 6406 Other Professional Services 2,500.00 6407 Administrative Expense 121,525.46 6408 Meeting Expenses 397.09 6410 Office Expense 2,231.96 6411 Memberships / Sponsorships 2,000.00 Total 6400 Operating Expense 142,054.86 6440 Legal Fees 6450 Barclay Damon 6480 Roth Legal 15.00 Total 6450 Barclay Damon 15.00 Total 6440 Legal Fees 15.00 6500 Agency Program Expenses 6510 White Pine Commerce Park 6510.3 Legal 75,418.86 6510.5 Insurance 3,930.98 6510.7 WPCP Marketing 16,052.42 Total 6510 White Pine Commerce Park 95,402.26 Total 6500 Agency Program Expenses 95,402.26 TOTAL Income 500 Operating Revenue 2116 Fees 2116.1 Agency Fees 14,640.00 2116.2 Application Fees 3,000.00 Total 2116 Fees 17,640.00 2410 Lease Income 750.00 Total 500 Operating Revenue 18,390.00 501 Non-Operating Revenue 2401 Interest Income 365.26 Total 501 Non-Operating Revenue 365.26 534 Pilot & Pass Thru Revenue 528 Pass thru Income 2,910.00 Total 534 Pilot & Pass Thru Revenue 2,910.00 Total Income $21,665.26 GROSS PROFIT $21,665.26 Expenses 6400 Operating Expense 6402 Rent 13,400.35 6406 Other Professional Services 6406.50 Consulting Services 2,500.00 Total 6406 Other Professional Services 2,500.00 6407 Administrative Expense 121,525.46 6408 Meeting Expenses 397.09 6410 Office Expense 2,231.96 6411 Memberships / Sponsorships 2,000.00 Total 6400 Operating Expense 142,054.86 6440 Legal Fees 6450 Barclay Damon 6480 Roth Legal 15.00 Total 6450 Barclay Damon 15.00 Total 6440 Legal Fees 15.00 6500 Agency Program Expenses 6510 White Pine Commerce Park 6510.3 Legal 75,418.86 6510.5 Insurance 3,930.98 6510.7 WPCP Marketing 16,052.42 Total 6510 White Pine Commerce Park 95,402.26 Total 6500 Agency Program Expenses 95,402.26 page18 Accrual Basis Tuesday, December 13, 2022 11:22 AM GMT-05:00 1/2 Onondaga County Industrial Development Agency Profit and Loss November 2022 TOTAL 6600 Non-Operating Expenses 6605 Pilot & Pass Thru Expenses 6605.1 Pass thru Expense 2,910.00 Total 6605 Pilot & Pass Thru Expenses 2,910.00 Total 6600 Non-Operating Expenses 2,910.00 Total Expenses $240,382.12 NET OPERATING INCOME $ -218,716.86 NET INCOME $ -218,716.86 page19 Accrual Basis Tuesday, December 13, 2022 11:22 AM GMT-05:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of November 30, 2022 page18 Accrual Basis Tuesday, December 13, 2022 11:22 AM GMT-05:00 1/2 Onondaga County Industrial Development Agency Profit and Loss November 2022 TOTAL 6600 Non-Operating Expenses 6605 Pilot & Pass Thru Expenses 6605.1 Pass thru Expense 2,910.00 Total 6605 Pilot & Pass Thru Expenses 2,910.00 Total 6600 Non-Operating Expenses 2,910.00 Total Expenses $240,382.12 NET OPERATING INCOME $ -218,716.86 NET INCOME $ -218,716.86 page19 Accrual Basis Tuesday, December 13, 2022 11:22 AM GMT-05:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of November 30, 2022 TOTAL ASSETS Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 3,309,301.77 200.2 Cash - M & T Money Maker Savings 890,683.07 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 4,191,077.02 Total Bank Accounts $4,191,077.02 Accounts Receivable 380 Accounts Rec. 380.6 A/R Fees, Lease & PILOT 149,691.00 Total 380 Accounts Rec. 149,691.00 Total Accounts Receivable $149,691.00 Total Current Assets $4,340,768.02 Fixed Assets 100 Land 101 White Pines Commerce Park 22,702,568.34 101.1 WPCP GEIS 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 67,049.42 101.5 Land Acquisition Costs 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 24,509,312.87 106 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 25,765,658.37 TOTAL ASSETS Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 3,309,301.77 200.2 Cash - M & T Money Maker Savings 890,683.07 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 4,191,077.02 Total Bank Accounts $4,191,077.02 Accounts Receivable 380 Accounts Rec. 380.6 A/R Fees, Lease & PILOT 149,691.00 Total 380 Accounts Rec. 149,691.00 Total Accounts Receivable $149,691.00 Total Current Assets $4,340,768.02 Fixed Assets 100 Land 101 White Pines Commerce Park 22,702,568.34 101.1 WPCP GEIS 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 67,049.42 101.5 Land Acquisition Costs 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 24,509,312.87 106 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 25,765,658.37 page20 Accrual Basis Tuesday, December 13, 2022 11:27 AM GMT-05:00 1/3 Onondaga County Industrial Development Agency Balance Sheet As of November 30, 2022 TOTAL 104 Machinery & Equipment 104.1 Office Furniture 1,429.00 104.2 Equipment 4,589.00 Total 104 Machinery & Equipment 6,018.00 211 A/D Office Furniture -3,493.00 213 A/D Buildings -97,603.00 250 Investment in Real Property 6,180,006.00 Total Fixed Assets $31,850,586.37 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $36,192,996.15 page20 Accrual Basis Tuesday, December 13, 2022 11:27 AM GMT-05:00 1/3 Onondaga County Industrial Development Agency Balance Sheet As of November 30, 2022 TOTAL 104 Machinery & Equipment 104.1 Office Furniture 1,429.00 104.2 Equipment 4,589.00 Total 104 Machinery & Equipment 6,018.00 211 A/D Office Furniture -3,493.00 213 A/D Buildings -97,603.00 250 Investment in Real Property 6,180,006.00 Total Fixed Assets $31,850,586.37 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $36,192,996.15 LIABILITIES AND EQUITY Liabilities Current Liabilities Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 625,423.70 600.102 Due to BD WPCP 42,216.66 600.204 OHB Redev LLC Funds 400,000.00 600.205 Exp Pay Prev Period 13,521.03 600.206 Mileage Reimbursement 92.34 600.208 BlueRock Energy Agreement Deposit 25,000.00 600.209 Syracuse Rail Overpayment 500.00 600.3 Onondaga County Loan 22,959,627.06 600.31 Accrued Interest - OC Note Payable 2,129.00 Total 600.3 Onondaga County Loan 22,961,756.06 Total 600 Accounts Payable 24,068,509.79 601 PILOT and Pass Thru Payable 602 Pass Thru Payable -525,000.00 603 PILOT Pass Thru 527,596.45 604 Other Pass Thrus -0.30 Total 601 PILOT and Pass Thru Payable 2,596.15 631 Due to Other Governments 631.1 Towns 631.12 Dewitt -14.88 631.145 Onondaga -3.03 Total 631.1 Towns -17.91 631.3 Schools 631.325 Jamesville-Dewitt -97.40 631.356 Syracuse 0.01 LIABILITIES AND EQUITY Liabilities Current Liabilities Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 625,423.70 600.102 Due to BD WPCP 42,216.66 600.204 OHB Redev LLC Funds 400,000.00 600.205 Exp Pay Prev Period 13,521.03 600.206 Mileage Reimbursement 92.34 600.208 BlueRock Energy Agreement Deposit 25,000.00 600.209 Syracuse Rail Overpayment 500.00 600.3 Onondaga County Loan 22,959,627.06 600.31 Accrued Interest - OC Note Payable 2,129.00 Total 600.3 Onondaga County Loan 22,961,756.06 Total 600 Accounts Payable 24,068,509.79 601 PILOT and Pass Thru Payable 602 Pass Thru Payable -525,000.00 603 PILOT Pass Thru 527,596.45 604 Other Pass Thrus -0.30 Total 601 PILOT and Pass Thru Payable 2,596.15 631 Due to Other Governments 631.1 Towns 631.12 Dewitt -14.88 631.145 Onondaga -3.03 Total 631.1 Towns -17.91 631.3 Schools 631.325 Jamesville-Dewitt -97.40 631.356 Syracuse 0.01 page21 Accrual Basis Tuesday, December 13, 2022 11:27 AM GMT-05:00 2/3 Onondaga County Industrial Development Agency Balance Sheet As of November 30, 2022 TOTAL Total 631.3 Schools -97.39 631.4 Onondaga County -970.99 631.5 City of Syracuse -1,510.13 Total 631 Due to Other Governments -2,596.42 Total Other Current Liabilities $24,068,509.52 Total Current Liabilities $24,068,509.52 Total Liabilities $24,068,509.52 Equity 3900 Equity Unreserved 8,742,531.91 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 409,077.93 465 Equity - Unreserved -36,248.93 Net Income 663,287.09 Total Equity $12,124,486.63 TOTAL LIABILITIES AND EQUITY $36,192,996.15 page21 Accrual Basis Tuesday, December 13, 2022 11:27 AM GMT-05:00 2/3 Onondaga County Industrial Development Agency Balance Sheet As of November 30, 2022 TOTAL Total 631.3 Schools -97.39 631.4 Onondaga County -970.99 631.5 City of Syracuse -1,510.13 Total 631 Due to Other Governments -2,596.42 Total Other Current Liabilities $24,068,509.52 Total Current Liabilities $24,068,509.52 Total Liabilities $24,068,509.52 Equity 3900 Equity Unreserved 8,742,531.91 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 409,077.93 465 Equity - Unreserved -36,248.93 Net Income 663,287.09 Total Equity $12,124,486.63 TOTAL LIABILITIES AND EQUITY $36,192,996.15 page22 Accrual Basis Tuesday, December 13, 2022 11:27 AM GMT-05:00 3/3 page22 Accrual Basis Tuesday, December 13, 2022 11:27 AM GMT-05:00 3/3 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #476 December 20, 2022 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #476 December 20, 2022 GENERAL EXPENSES 1. ADVANCE MEDIA NEW YORK* $ 130.60 Cryomech, Inc. Public Hearing Notice 2. PARK STRATEGIES, LLC* $ 2,500.00 Monthly Consulting Services, Inv#16587349 3. SITE SELECTORS GUILD, INC.** $ 6,900.00 2023 Annual Conference 4. NATIONWIDE*** $ 1,965.49 Commercial Liability Insurance Premium, Acct#7J2551 5. CRYSTAL ROCK**** $ 43.52 Inv#22196031, 11-27-22, Water 6. BARCLAY DAMON LLP***** $ 2,140,557.16 Land Purchase 7. ROBERT PETROVICH $ 75.96 Meeting Mileage 8. BARCLAY DAMON LLP $ 54,791.33 WPCP Real Estate, Inv#'s 5178035, 5178034, 5202766 9. BARCLAY DAMON LLP $ 1,056.25 WPCP Environmental, Inv#5208099 10. FEDEX $ 23.62 Inv#7-952-98486, 7-959-74232, 7-965-60131 11. BARCLAY DAMON LLP $ 42,938.00 OHB Redev, Inv#5214756 12. NAFTZ $ 1,250.00 Annual Membership Fee, Inv#200770 13. ADVANCE MEDIA NEW YORK $ 193.96 Inv#0002944960, Public Hearing Notices 1 GENERAL EXPENSES 1. ADVANCE MEDIA NEW YORK* $ 130.60 Cryomech, Inc. Public Hearing Notice 2. PARK STRATEGIES, LLC* $ 2,500.00 Monthly Consulting Services, Inv#16587349 3. SITE SELECTORS GUILD, INC.** $ 6,900.00 2023 Annual Conference 4. NATIONWIDE*** $ 1,965.49 Commercial Liability Insurance Premium, Acct#7J2551 5. CRYSTAL ROCK**** $ 43.52 Inv#22196031, 11-27-22, Water 6. BARCLAY DAMON LLP***** $ 2,140,557.16 Land Purchase 7. ROBERT PETROVICH $ 75.96 Meeting Mileage 8. BARCLAY DAMON LLP $ 54,791.33 WPCP Real Estate, Inv#'s 5178035, 5178034, 5202766 9. BARCLAY DAMON LLP $ 1,056.25 WPCP Environmental, Inv#5208099 10. FEDEX $ 23.62 Inv#7-952-98486, 7-959-74232, 7-965-60131 11. BARCLAY DAMON LLP $ 42,938.00 OHB Redev, Inv#5214756 12. NAFTZ $ 1,250.00 Annual Membership Fee, Inv#200770 13. ADVANCE MEDIA NEW YORK $ 193.96 Inv#0002944960, Public Hearing Notices 1 Schedule #476 page 2 14. CEG OF THE CAPITAL REGION, INC. $ 2,050.00 Event Sponsorships, Inv#'s 679343, 679441 15. THOMAS E. FARLEY AND AMY M. FARLEY $ 300,000.00 Land Purchase 16. PARK STRATEGIES, LLC $ 2,500.00 Monthly Consulting Services, Inv#16587497 17. NYS ECONOMIC DEVELOPMENT COUNCIL $ 2,000.00 2023 Membership Renewal 18. RAMBOLL AMERICAS ENGINEERING SOLUTIONS, INC. $ 26,663.75 WPCP Site Development, Inv#'s 1940015853, 1940016825 TOTAL $ 2,585,639.64 *Ratification of Checks dated November 14, 2022 **Ratification of Check dated November 15, 2022 ***Ratification of Check dated November 29, 2022 ****Ratification of Check dated December 2, 2022 *****Ratification of Check dated December 5, 2022 2 Schedule #476 page 2 14. CEG OF THE CAPITAL REGION, INC. $ 2,050.00 Event Sponsorships, Inv#'s 679343, 679441 15. THOMAS E. FARLEY AND AMY M. FARLEY $ 300,000.00 Land Purchase 16. PARK STRATEGIES, LLC $ 2,500.00 Monthly Consulting Services, Inv#16587497 17. NYS ECONOMIC DEVELOPMENT COUNCIL $ 2,000.00 2023 Membership Renewal 18. RAMBOLL AMERICAS ENGINEERING SOLUTIONS, INC. $ 26,663.75 WPCP Site Development, Inv#'s 1940015853, 1940016825 TOTAL $ 2,585,639.64 *Ratification of Checks dated November 14, 2022 **Ratification of Check dated November 15, 2022 ***Ratification of Check dated November 29, 2022 ****Ratification of Check dated December 2, 2022 *****Ratification of Check dated December 5, 2022 2 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #476 December 20, 2022 PILOT Payments 1. NYS&W RAILWAY CORPORATION* $ 2,910.00 Lamar Billboard Pass Thru Payment 2022 TOTAL $2,910.00 *Ratification of Check dated November 9, 2022 1 page25 Onondaga County Industrial Development Agency Project Summary Draft 10/17/2022 1. Project Cryomech Expansion Project 2. Project Number 3101-22-08A 3. Location DeWitt 4. School District East Syracuse Minoa School District 6. Project Type New Construction and Expansion/Addition to Current Facilities 5. Tax Parcel(s) 022.-05.19.0, 022.-05-03.1, 022.-05-02.3 Village 0 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #476 December 20, 2022 PILOT Payments 1. NYS&W RAILWAY CORPORATION* $ 2,910.00 Lamar Billboard Pass Thru Payment 2022 TOTAL $2,910.00 *Ratification of Check dated November 9, 2022 1 page25 Onondaga County Industrial Development Agency Project Summary Draft 10/17/2022 1. Project Cryomech Expansion Project 2. Project Number 3101-22-08A 3. Location DeWitt 4. School District East Syracuse Minoa School District 6. Project Type New Construction and Expansion/Addition to Current Facilities 5. Tax Parcel(s) 022.-05.19.0, 022.-05-03.1, 022.-05-02.3 Village 0 7.Total Project Cost $ 16,798,350.00 8. Total Jobs 181 Land $ 400,000 8A. Job Retention 166 Site Work $ 795,000 8B: Job Creation 15 Building $ 12,426,000 (Next 5 Years) Furniture & Fixtures $ 2,727,350 Equipment $ - Equipment Subject to NYS Production Exemption $ - Engineering/Architecture Fees $ 450,000 Financial Charges $ - Legal Fees $ - Other $ - Investment/Abatement Summary Cryomech Expansion Project Project Description Fiscal Impact ($) Estimated Abatement $1,067,176 Sales Tax Abatement $637,934 Mortgage Recording Tax Abatement $105,200 Real Property Tax Relief $324,042 7.Total Project Cost $ 16,798,350.00 8. Total Jobs 181 Land $ 400,000 8A. Job Retention 166 Site Work $ 795,000 8B: Job Creation 15 Building $ 12,426,000 (Next 5 Years) Furniture & Fixtures $ 2,727,350 Equipment $ - Equipment Subject to NYS Production Exemption $ - Engineering/Architecture Fees $ 450,000 Financial Charges $ - Legal Fees $ - Other $ - Investment/Abatement Summary Cryomech Expansion Project Project Description Fiscal Impact ($) Estimated Abatement $1,067,176 Sales Tax Abatement $637,934 Mortgage Recording Tax Abatement $105,200 Real Property Tax Relief $324,042 New Investment $104,796,430 This project consists of the acquisition of approximately 12.5 additional acres from portions of PILOT Payments $1,314,771 the adjacent parcels; (tax ID 022.-05-03.1 and 022.-05-02.3) to construct an expansion of Project Wages (10 years) $70,033,320 roughly 30,000 SF of manufacturing space and 4,000 SF of office space at the existing 76,000 SF Construction Wages $707,363 Cryomech, Inc, facility located at 6682 Moore Road in Dewitt, NY (tax ID 022.-05-19.0); it is assumed that all three parcels will be combined through a subdivision process at some point Employee Benefits (10 years) $18,908,996 during the expansion. Project Capital Investment $13,621,000 Agency Fees $210,979 Investment: Abatement Ratio 98.20 :1 Copyright Onondaga County Industry Development Agency, All Rights Reserved page26 New Investment $104,796,430 This project consists of the acquisition of approximately 12.5 additional acres from portions of PILOT Payments $1,314,771 the adjacent parcels; (tax ID 022.-05-03.1 and 022.-05-02.3) to construct an expansion of Project Wages (10 years) $70,033,320 roughly 30,000 SF of manufacturing space and 4,000 SF of office space at the existing 76,000 SF Construction Wages $707,363 Cryomech, Inc, facility located at 6682 Moore Road in Dewitt, NY (tax ID 022.-05-19.0); it is assumed that all three parcels will be combined through a subdivision process at some point Employee Benefits (10 years) $18,908,996 during the expansion. Project Capital Investment $13,621,000 Agency Fees $210,979 Investment: Abatement Ratio 98.20 :1 Copyright Onondaga County Industry Development Agency, All Rights Reserved page26 Cryomech Expansion Project 10/6/2022 A) PILOTS Estimate Table Worksheet DRAFT for 10 years OCIDA estimate of current market value $ 101,217 Projected investment $ 12,426,000 OCIDA estimate of increase in value $ 1,634,537 OCIDA estimated value after project is completed $ 1,735,754 Taxes that would have been collected if the project did not occur $ 37,600 Scheduled PILOT payments $ 1,314,771 Cryomech Expansion Project 10/6/2022 A) PILOTS Estimate Table Worksheet DRAFT for 10 years OCIDA estimate of current market value $ 101,217 Projected investment $ 12,426,000 OCIDA estimate of increase in value $ 1,634,537 OCIDA estimated value after project is completed $ 1,735,754 Taxes that would have been collected if the project did not occur $ 37,600 Scheduled PILOT payments $ 1,314,771 Net East Syracuse Full Tax Onondaga Exemption PILOT YEAR Exemption % DeWitt Minoa School Total PILOT Payment w/o County (2022 Project District PILOT Only) 1 100% $ 4,917.42 $ 4,630.61 $ 24,018.96 $ 33,566.99 $ 195,556.17 $ 55,452.71 2 90% $ 7,844.63 $ 7,441.80 $ 38,191.48 $ 53,477.91 $ 199,467.30 $ 50,905.59 3 80% $ 10,886.96 $ 10,363.58 $ 52,921.29 $ 74,171.83 $ 203,456.64 $ 46,154.40 4 70% $ 14,047.85 $ 13,399.26 $ 68,225.02 $ 95,672.12 $ 207,525.77 $ 41,192.80 5 60% $ 17,330.82 $ 16,552.22 $ 84,119.73 $ 118,002.76 $ 211,676.29 $ 36,014.28 6 50% $ 20,739.49 $ 19,825.93 $ 100,622.93 $ 141,188.35 $ 215,909.82 $ 30,612.14 7 40% $ 24,277.57 $ 23,223.98 $ 117,752.62 $ 165,254.17 $ 220,228.01 $ 24,979.50 8 30% $ 27,948.88 $ 26,750.01 $ 135,527.24 $ 190,226.14 $ 224,632.57 $ 19,109.32 9 20% $ 31,756.93 $ 30,407.88 $ 153,965.83 $ 216,130.65 $ 229,124.99 $ 12,994.34 10 10% $ 33,379.61 $ 32,034.23 $ 161,666.54 $ 227,080.37 $ 233,707.49 $ 6,627.11 TOTAL $ 193,130 $ 184,629 $ 937,012 $ 1,314,771 $ 2,141,285 $ 324,042 Net East Syracuse Full Tax Onondaga Exemption PILOT YEAR Exemption % DeWitt Minoa School Total PILOT Payment w/o County (2022 Project District PILOT Only) 1 100% $ 4,917.42 $ 4,630.61 $ 24,018.96 $ 33,566.99 $ 195,556.17 $ 55,452.71 2 90% $ 7,844.63 $ 7,441.80 $ 38,191.48 $ 53,477.91 $ 199,467.30 $ 50,905.59 3 80% $ 10,886.96 $ 10,363.58 $ 52,921.29 $ 74,171.83 $ 203,456.64 $ 46,154.40 4 70% $ 14,047.85 $ 13,399.26 $ 68,225.02 $ 95,672.12 $ 207,525.77 $ 41,192.80 5 60% $ 17,330.82 $ 16,552.22 $ 84,119.73 $ 118,002.76 $ 211,676.29 $ 36,014.28 6 50% $ 20,739.49 $ 19,825.93 $ 100,622.93 $ 141,188.35 $ 215,909.82 $ 30,612.14 7 40% $ 24,277.57 $ 23,223.98 $ 117,752.62 $ 165,254.17 $ 220,228.01 $ 24,979.50 8 30% $ 27,948.88 $ 26,750.01 $ 135,527.24 $ 190,226.14 $ 224,632.57 $ 19,109.32 9 20% $ 31,756.93 $ 30,407.88 $ 153,965.83 $ 216,130.65 $ 229,124.99 $ 12,994.34 10 10% $ 33,379.61 $ 32,034.23 $ 161,666.54 $ 227,080.37 $ 233,707.49 $ 6,627.11 TOTAL $ 193,130 $ 184,629 $ 937,012 $ 1,314,771 $ 2,141,285 $ 324,042 Year 0 1 2 3 4 5 Jobs Current/Actuals 166 Creation Goals 8 4 3 Total Employment Goals 166 174 178 181 181 181 Schedule Schedule January 2023 January 2024 $ $16,486.36 33,566.99 Copyright Onondaga County Industry Development Agency, All Rights Reserved page27 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Year 0 1 2 3 4 5 Jobs Current/Actuals 166 Creation Goals 8 4 3 Total Employment Goals 166 174 178 181 181 181 Schedule Schedule January 2023 January 2024 $ $16,486.36 33,566.99 Copyright Onondaga County Industry Development Agency, All Rights Reserved page27 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR BENEFITS 1. In accordance with Section 224-a(8)(d) of Article 8 of the New York Labor Law, the Agency has identified that any “financial assistance” (within the meaning of Section 858 of the General Municipal Law) granted by the Agency to the Applicant consisting of sales and use tax exemption benefits, mortgage recording tax exemption benefits and real property tax exemption benefits, constitutes “public funds” within the meaning of Section 224-a(2)(b) of Article 8 of the New York Labor Law and such funds are not excluded under Section 224-a(3) of Article 8 of the New York Labor Law. The Agency hereby notifies the Applicant of the Applicant’s obligations under Section 224-a (8)(a) of Article 8 of the New York Labor Law. 2. 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 (the “Agency” or “OCIDA”) at 315-435-3770. 3. 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. ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR BENEFITS 1. In accordance with Section 224-a(8)(d) of Article 8 of the New York Labor Law, the Agency has identified that any “financial assistance” (within the meaning of Section 858 of the General Municipal Law) granted by the Agency to the Applicant consisting of sales and use tax exemption benefits, mortgage recording tax exemption benefits and real property tax exemption benefits, constitutes “public funds” within the meaning of Section 224-a(2)(b) of Article 8 of the New York Labor Law and such funds are not excluded under Section 224-a(3) of Article 8 of the New York Labor Law. The Agency hereby notifies the Applicant of the Applicant’s obligations under Section 224-a (8)(a) of Article 8 of the New York Labor Law. 2. 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 (the “Agency” or “OCIDA”) at 315-435-3770. 3. 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. 4. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 5. All projects approved for benefits by the OCIDA Board will close with the Agency within 6-months of the inducement date. If this schedule cannot be met, the applicant will need to submit a closing schedule modification written request to the Executive Director that will be presented to OCIDA Board for consideration. 6. 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 Nancy Lowery at nancylowery@ongov.net. An Application will not be considered by the Agency until the Application fee has been received. 7. 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. 4. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 5. All projects approved for benefits by the OCIDA Board will close with the Agency within 6-months of the inducement date. If this schedule cannot be met, the applicant will need to submit a closing schedule modification written request to the Executive Director that will be presented to OCIDA Board for consideration. 6. 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 Nancy Lowery at nancylowery@ongov.net. An Application will not be considered by the Agency until the Application fee has been received. 7. 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. 8. 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. 9. 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. Onondaga County Industrial Development Agency Page 1 page28 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 8. 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. 9. 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. Onondaga County Industrial Development Agency Page 1 page28 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 10. A complete Application consists of the following 9 items:  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 11. This Application was adopted by the OCIDA Board on January 18, 2022. Onondaga County Industrial Development Agency Page 2 page29 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 10. A complete Application consists of the following 9 items:  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 11. This Application was adopted by the OCIDA Board on January 18, 2022. Onondaga County Industrial Development Agency Page 2 page29 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC It is the policy of the Agency 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 unless a waiver is granted in writing by the Agency. Return to: Onondaga County Industrial Development Agency Attn: Nancy Lowery 333 W. Washington Street, Suite 130 Syracuse, NY 13202 Phone: 315-435-3770 | Fax: 315-435-3669 nancylowery@ongov.net Section I: Applicant Information Please answer all questions. Use “None”, “Not Applicable” and “See Attached” where necessary. Submittal Date: _____________ September 15, 2022 It is the policy of the Agency 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 unless a waiver is granted in writing by the Agency. Return to: Onondaga County Industrial Development Agency Attn: Nancy Lowery 333 W. Washington Street, Suite 130 Syracuse, NY 13202 Phone: 315-435-3770 | Fax: 315-435-3669 nancylowery@ongov.net Section I: Applicant Information Please answer all questions. Use “None”, “Not Applicable” and “See Attached” where necessary. Submittal Date: _____________ September 15, 2022 A) Applicant/Project Operator information (company receiving benefits): Applicant/Project Operator: Click here to enter text. Cryomech, Inc. Applicant/ Project Operator Address: 6682 Moore Road, Dewitt, NY 13211 Phone: 315-455-2555 ext 208 Fax: www.cryomech.com Website: E-mail: rdausman@cryomech.com Federal ID#: 16-0900336 NAICS: 333415 State and Year of Incorporation/Organization: __________________________________________ New York, 1968 Owner (if different from Applicant/Project Operator): ____________________________________ Owner Address: Federal ID#: State and Year of Incorporation/Organization: New York State, 1968 List of stockholders, members, or partners of Owner: ________________________________________________________________________________ Employee owned through an Employee Stock Ownership Program (ESOP) established in 2014 A) Applicant/Project Operator information (company receiving benefits): Applicant/Project Operator: Click here to enter text. Cryomech, Inc. Applicant/ Project Operator Address: 6682 Moore Road, Dewitt, NY 13211 Phone: 315-455-2555 ext 208 Fax: www.cryomech.com Website: E-mail: rdausman@cryomech.com Federal ID#: 16-0900336 NAICS: 333415 State and Year of Incorporation/Organization: __________________________________________ New York, 1968 Owner (if different from Applicant/Project Operator): ____________________________________ Owner Address: Federal ID#: State and Year of Incorporation/Organization: New York State, 1968 List of stockholders, members, or partners of Owner: ________________________________________________________________________________ Employee owned through an Employee Stock Ownership Program (ESOP) established in 2014 B) Individual Completing Application: Name: Sarah Stephens Title: Consultant Address: 201 Croyden Road, Syracuse, NY 13224 Phone: 315-530-2502 Fax: E-mail: sarah@ssfundingresources.com Onondaga County Industrial Development Agency Page 1 page30 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC C) Company Contact (if different from individual completing application): Name: Mr. Richard Dausman Title: President Address: 6682 Moore Road, Dewitt, NY 13211 Phone: 315-455-2555 Cell Phone: N/A E-mail: rdausman@cryomech.com D) Company Counsel: Name of Attorney: Paul Reichel, Esq. Firm Name: Bond, Schoeneck, & King Address: One Lincoln Center, 110 W. Fayette Street, Syracuse, NY 13202 Phone: 315-218-8146 Cell Phone: E-mail: reichep@bsk.com B) Individual Completing Application: Name: Sarah Stephens Title: Consultant Address: 201 Croyden Road, Syracuse, NY 13224 Phone: 315-530-2502 Fax: E-mail: sarah@ssfundingresources.com Onondaga County Industrial Development Agency Page 1 page30 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC C) Company Contact (if different from individual completing application): Name: Mr. Richard Dausman Title: President Address: 6682 Moore Road, Dewitt, NY 13211 Phone: 315-455-2555 Cell Phone: N/A E-mail: rdausman@cryomech.com D) Company Counsel: Name of Attorney: Paul Reichel, Esq. Firm Name: Bond, Schoeneck, & King Address: One Lincoln Center, 110 W. Fayette Street, Syracuse, NY 13202 Phone: 315-218-8146 Cell Phone: E-mail: reichep@bsk.com E) Business Organization (check appropriate category): ☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify): ESOP Year Established: ESOP formed in 2014, Cryomech 1968 State in which Organization is established: New York State F) List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership Cryomech Inc Employee Stock Ownership Trust 100% Onondaga County Industrial Development Agency Page 2 page31 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC G) Applicant Business Description: Estimated % of sales within Onondaga County: ________________________________________ 0% Estimated % of sales outside Onondaga County but within New York State: 3% Estimated % of sales outside New York State but within the U.S.: 23% Estimated % of sales outside the U.S.: 74% (*Percentage to equal 100%) E) Business Organization (check appropriate category): ☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify): ESOP Year Established: ESOP formed in 2014, Cryomech 1968 State in which Organization is established: New York State F) List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership Cryomech Inc Employee Stock Ownership Trust 100% Onondaga County Industrial Development Agency Page 2 page31 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC G) Applicant Business Description: Estimated % of sales within Onondaga County: ________________________________________ 0% Estimated % of sales outside Onondaga County but within New York State: 3% Estimated % of sales outside New York State but within the U.S.: 23% Estimated % of sales outside the U.S.: 74% (*Percentage to equal 100%) H) Applicant History: If the answer to any of the following is “Yes”, please explain below. If necessary, attach additional information. 1. Is the company or management of the Company now a ☐Yes ☐No plaintiff or defendant in any civil or criminal litigation? 2. Has any person listed above ever been convicted of a criminal offense (other than a minor traffic violation)? ☐Yes ☐No 3. Has any person listed in Section I ever been in receivership or declared bankruptcy? Please attach any explanations. ☐Yes ☐No I) Has the Project Beneficiary received assistance from OCIDA, Syracuse Industrial Development Agency (SIDA), New York State or the Onondaga Civic Development Corporation (OCDC) in the past? If yes please attach an explanation and please give year, project name, and description of benefits and address of project. ☐Yes ☐No H) Applicant History: If the answer to any of the following is “Yes”, please explain below. If necessary, attach additional information. 1. Is the company or management of the Company now a ☐Yes ☐No plaintiff or defendant in any civil or criminal litigation? 2. Has any person listed above ever been convicted of a criminal offense (other than a minor traffic violation)? ☐Yes ☐No 3. Has any person listed in Section I ever been in receivership or declared bankruptcy? Please attach any explanations. ☐Yes ☐No I) Has the Project Beneficiary received assistance from OCIDA, Syracuse Industrial Development Agency (SIDA), New York State or the Onondaga Civic Development Corporation (OCDC) in the past? If yes please attach an explanation and please give year, project name, and description of benefits and address of project. ☐Yes ☐No Cryomech, Inc. obtain a PILOT, sales and use expemtions and mortgage tax recodring exemption in May 2019 for the intial purchase and construction of the facility on Moore Road that they are now planning to expand upon. Total abatement costs were $1,381,974 Onondaga County Industrial Development Agency Page 3 page32 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section II: Project and Site Information A) Project Location: Location where the investment will take place. If Company is moving, the new location should be entered here and the current location should be in Section I. Address: 6682 Moore Road, 6655 Old Thompson Road, 6684 Moore Road Legal Address (if different): City: Dewitt Village/Town: Dewitt Zip Code: 13211 School District: East Syracuse Minoa Tax Map Parcel ID(s): 022.-05.19.0, 022.-05-03.1, 022.-05-02.3 Full Market Value: ________________ $12,187,300 Footage of Existing Building: _________________ 76,000 SF Cryomech, Inc. obtain a PILOT, sales and use expemtions and mortgage tax recodring exemption in May 2019 for the intial purchase and construction of the facility on Moore Road that they are now planning to expand upon. Total abatement costs were $1,381,974 Onondaga County Industrial Development Agency Page 3 page32 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section II: Project and Site Information A) Project Location: Location where the investment will take place. If Company is moving, the new location should be entered here and the current location should be in Section I. Address: 6682 Moore Road, 6655 Old Thompson Road, 6684 Moore Road Legal Address (if different): City: Dewitt Village/Town: Dewitt Zip Code: 13211 School District: East Syracuse Minoa Tax Map Parcel ID(s): 022.-05.19.0, 022.-05-03.1, 022.-05-02.3 Full Market Value: ________________ $12,187,300 Footage of Existing Building: _________________ 76,000 SF Census Tract: ___________________________________________________________________ 144 B) Type (Check all that apply): ☐New construction ☐Purchase of machinery and/or equipment ☐Expansion/Addition to current facilities ☐Brownfield/Remediated Brownfield ☐Renovation of existing facility ☐LEED Certification ☐ Housing Project ☐Demolition and Construction ☐ Renewable Energy Project ☐Acquisition of existing facility/property ☐ Retail ☐Other: C) Project Narrative: A statement that there is a likelihood that the project would not be undertaken but for the financial assistance provided by the Agency or, if the project could be undertaken without financial assistance provided by the Agency, a statement indicating why the project should be undertaken by the agency. * For a Retail Project (also see page 14) * For a Renewable Energy Project (also see page 15) * For a Housing Project (also see page 17) Census Tract: ___________________________________________________________________ 144 B) Type (Check all that apply): ☐New construction ☐Purchase of machinery and/or equipment ☐Expansion/Addition to current facilities ☐Brownfield/Remediated Brownfield ☐Renovation of existing facility ☐LEED Certification ☐ Housing Project ☐Demolition and Construction ☐ Renewable Energy Project ☐Acquisition of existing facility/property ☐ Retail ☐Other: C) Project Narrative: A statement that there is a likelihood that the project would not be undertaken but for the financial assistance provided by the Agency or, if the project could be undertaken without financial assistance provided by the Agency, a statement indicating why the project should be undertaken by the agency. * For a Retail Project (also see page 14) * For a Renewable Energy Project (also see page 15) * For a Housing Project (also see page 17) D) Description of Project: Please provide a detailed narrative of the proposed Project. Please separately attach the description and any copies of site plans, sketches or maps. This narrative should include, but is not limited to: ☐ i) a description of your Company’s background, customers, goods and services and the principal products to be produced and/or the principal activities that will occur on the Project site; ☐ (ii) the size of the Project in square feet and a breakdown of square footage per each intended use; ☐ (iii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iv) the current use of the site and the intended use of the site upon completion of the Project; ☐ (vi) describe your method for site control (Own, lease, other). Onondaga County Industrial Development Agency Page 4 page33 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC E) Select Project type for all end users at Project site (you may check more than one): **Please check any and all end users as identified below D) Description of Project: Please provide a detailed narrative of the proposed Project. Please separately attach the description and any copies of site plans, sketches or maps. This narrative should include, but is not limited to: ☐ i) a description of your Company’s background, customers, goods and services and the principal products to be produced and/or the principal activities that will occur on the Project site; ☐ (ii) the size of the Project in square feet and a breakdown of square footage per each intended use; ☐ (iii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iv) the current use of the site and the intended use of the site upon completion of the Project; ☐ (vi) describe your method for site control (Own, lease, other). Onondaga County Industrial Development Agency Page 4 page33 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC E) Select Project type for all end users at Project site (you may check more than one): **Please check any and all end users as identified below ☐ Industrial ☐Bank Office ☐ Acquisition of Existing Facility ☐Retail ( see page 14) ☐ Housing Project ( see page 17 ) ☐Mixed Use ☐ Equipment Purchase ☐Facility for Aging ☐ Multi-Use Tenant ☐Civic Facility (not for profit) ☐ Renewable Energy Project ( see page 15) ☐Other ______________________ ☐ Commercial F) If applicant will not occupy 100% of the building in a real estate transaction, provide information on tenant(s) that includes name, present address, and percentage of project to be leased, type of business organization, relationship to applicant, date and term of lease. ☐ Industrial ☐Bank Office ☐ Acquisition of Existing Facility ☐Retail ( see page 14) ☐ Housing Project ( see page 17 ) ☐Mixed Use ☐ Equipment Purchase ☐Facility for Aging ☐ Multi-Use Tenant ☐Civic Facility (not for profit) ☐ Renewable Energy Project ( see page 15) ☐Other ______________________ ☐ Commercial F) If applicant will not occupy 100% of the building in a real estate transaction, provide information on tenant(s) that includes name, present address, and percentage of project to be leased, type of business organization, relationship to applicant, date and term of lease. G) For the Agency to consider this Project, please provide the following information: 1. Does the Project consist of new construction or expansion or substantial renovation of an existing facility? ☐Yes ☐No 2. Will the Project create new employment opportunities or retain existing jobs that may otherwise be lost? ☐Yes ☐No 3. Does the Project beneficiary serve a customer base primarily outside of Onondaga County? ☐Yes ☐No H) Will the completion of the Project result in the removal of an industrial or manufacturing plant of the company 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 company located within the state? Please explain if you answer “Yes” by attaching a response. ☐Yes ☐No I) Please attach a description of any compelling circumstances the Agency should be aware of while reviewing this application. G) For the Agency to consider this Project, please provide the following information: 1. Does the Project consist of new construction or expansion or substantial renovation of an existing facility? ☐Yes ☐No 2. Will the Project create new employment opportunities or retain existing jobs that may otherwise be lost? ☐Yes ☐No 3. Does the Project beneficiary serve a customer base primarily outside of Onondaga County? ☐Yes ☐No H) Will the completion of the Project result in the removal of an industrial or manufacturing plant of the company 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 company located within the state? Please explain if you answer “Yes” by attaching a response. ☐Yes ☐No I) Please attach a description of any compelling circumstances the Agency should be aware of while reviewing this application. J) Local Approvals (Site Plan and Environmental Review) 1. Have site plans been submitted to the appropriate town or local planning department? ☐Yes. What is the status? ☐No. When will the plans be submitted? _______________________________________________________ Estimated schedule for approvals in October/November 2022 Onondaga County Industrial Development Agency Page 5 page34 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 2. Has the project received site plan approval from the town or local planning board? ☐Yes ☐No 3. If no, what is the anticipated approval date? ________________________________ October/November 2022 J) Local Approvals (Site Plan and Environmental Review) 1. Have site plans been submitted to the appropriate town or local planning department? ☐Yes. What is the status? ☐No. When will the plans be submitted? _______________________________________________________ Estimated schedule for approvals in October/November 2022 Onondaga County Industrial Development Agency Page 5 page34 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 2. Has the project received site plan approval from the town or local planning board? ☐Yes ☐No 3. If no, what is the anticipated approval date? ________________________________ October/November 2022 4. If yes, provide the Agency with a copy of the Planning Board’s approval resolution along with the related SEQR determination. (NOTE: SEQR determination is required for final approval and sales tax agency appointment.) 5. Environmental Information a. Please attach the appropriate Environmental Impact Forms to your application. Here is a link to the SEQR forms: http://www.dec.ny.gov/permits/6191.html b. Have any environmental issues been identified on the property? ☐Yes ☐No If yes, please attach an explanation. Onondaga County Industrial Development Agency Page 6 page35 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section III: Construction A) Project Costs and Finances 4. If yes, provide the Agency with a copy of the Planning Board’s approval resolution along with the related SEQR determination. (NOTE: SEQR determination is required for final approval and sales tax agency appointment.) 5. Environmental Information a. Please attach the appropriate Environmental Impact Forms to your application. Here is a link to the SEQR forms: http://www.dec.ny.gov/permits/6191.html b. Have any environmental issues been identified on the property? ☐Yes ☐No If yes, please attach an explanation. Onondaga County Industrial Development Agency Page 6 page35 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section III: Construction 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 400,000 100% 400,000 Site Work/Demo 795,000 100% 795,000 Building Construction & Renovation 12,426,000 100% 12,426,000 Furniture & Fixtures 2,727,350 100% 2,727,350 Equipment* Engineering/Architect 450,000 100% 450,000 sFinancial Charges Legal Other Management/Developer Fees Total Project Cost 16,798,350 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 $ 16,798,350 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 400,000 100% 400,000 Site Work/Demo 795,000 100% 795,000 Building Construction & Renovation 12,426,000 100% 12,426,000 Furniture & Fixtures 2,727,350 100% 2,727,350 Equipment* Engineering/Architect 450,000 100% 450,000 sFinancial Charges Legal Other Management/Developer Fees Total Project Cost 16,798,350 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 $ 16,798,350 Project refinancing: estimated amount (For refinancing of existing debt only) $0 Sources of Funds for Project Costs: 1. Bank Financing $ _______________ 14,026,623 2. Equity (excluding equity that is attributed to grants/tax credits) $ 251,975 3. Tax Exempt Bond Issuance (if applicable) $ _______________ 0 4. Taxable Bond Issuance (if applicable) $ 0 Onondaga County Industrial Development Agency Page 7 page36 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 5. Public Sources (Include sum total of all state and federal grants and tax credits) $ 2,519,752 Project refinancing: estimated amount (For refinancing of existing debt only) $0 Sources of Funds for Project Costs: 1. Bank Financing $ _______________ 14,026,623 2. Equity (excluding equity that is attributed to grants/tax credits) $ 251,975 3. Tax Exempt Bond Issuance (if applicable) $ _______________ 0 4. Taxable Bond Issuance (if applicable) $ 0 Onondaga County Industrial Development Agency Page 7 page36 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 5. Public Sources (Include sum total of all state and federal grants and tax credits) $ 2,519,752 -Identify each state and federal grant/credit: ESD Capital Grant (requested) $ 2,519,752 $ $ 6. Total Sources of Funds for Project Costs $ _______________ 16,798,350 C) Employment and Payroll Information *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 of 40 hours per week. 1. Are there people currently employed at the project site? ☐Yes ☐No If yes, provide number of FTE jobs at the facility: 166 2. Complete the following: -Identify each state and federal grant/credit: ESD Capital Grant (requested) $ 2,519,752 $ $ 6. Total Sources of Funds for Project Costs $ _______________ 16,798,350 C) Employment and Payroll Information *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 of 40 hours per week. 1. Are there people currently employed at the project site? ☐Yes ☐No If yes, provide number of FTE jobs at the facility: 166 2. Complete the following: Estimate the number of FTE jobs to be retained as a result of this Project: 166 Estimate the number of construction jobs to be created by this Project: 166 Estimate the average length of construction jobs to be created (months): 13 months Current annual payroll at facility: $10,067,402 est. Please list, if any, benefits that will be available to either full and/or part time annual bonus, 401K, paid time off, holidays, insurances employees: Average annual benefit paid by the company ($ or % salary) per FTE job: 27% Amount or percent of wage employees pay for benefits: 5% Provide an estimate of the number of residents in the Economic Development Region (Onondaga, Madison, Cayuga, Oneida, Oswego, and Cortland Counties) to fill new FTE jobs: 15 Estimate the number of FTE jobs to be retained as a result of this Project: 166 Estimate the number of construction jobs to be created by this Project: 166 Estimate the average length of construction jobs to be created (months): 13 months Current annual payroll at facility: $10,067,402 est. Please list, if any, benefits that will be available to either full and/or part time annual bonus, 401K, paid time off, holidays, insurances employees: Average annual benefit paid by the company ($ or % salary) per FTE job: 27% Amount or percent of wage employees pay for benefits: 5% Provide an estimate of the number of residents in the Economic Development Region (Onondaga, Madison, Cayuga, Oneida, Oswego, and Cortland Counties) to fill new FTE jobs: 15 Onondaga County Industrial Development Agency Page 8 page37 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 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, and third, 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. Please use this chart to illustrate the current employment: Job Title/Category Current Annual Pay Current Employment (FTE) Manufacturing Assoc 42,581.11 83 Manager 139,500.26 11 Onondaga County Industrial Development Agency Page 8 page37 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 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, and third, 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. Please use this chart to illustrate the current employment: Job Title/Category Current Annual Pay Current Employment (FTE) Manufacturing Assoc 42,581.11 83 Manager 139,500.26 11 Administrative 56,153.03 27 Supervisor 80,252.36 15 Technical/Engineering 77,459.30 30 Please use this chart to illustrate the projected employment growth: Job Title/Category Current Annual Pay Jobs Created Jobs Created Jobs Created Year 1 Year 2 Year 3 Manufacturing Assoc $33,280 3 1 2 Manufacturing Assoc 2nd Shift $37,960 3 1 0 Mecanical/Elec Engineer $60,000 0 2 0 Shipping tech $40,000 1 0 0 Final Assembly Tech $35,360 1 0 1 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 Administrative 56,153.03 27 Supervisor 80,252.36 15 Technical/Engineering 77,459.30 30 Please use this chart to illustrate the projected employment growth: Job Title/Category Current Annual Pay Jobs Created Jobs Created Jobs Created Year 1 Year 2 Year 3 Manufacturing Assoc $33,280 3 1 2 Manufacturing Assoc 2nd Shift $37,960 3 1 0 Mecanical/Elec Engineer $60,000 0 2 0 Shipping tech $40,000 1 0 0 Final Assembly Tech $35,360 1 0 1 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): 105,200 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 637,934 ☐ Tax Exempt Bond Financing (Amount Requested): ☐ Taxable Bond Financing (Amount Requested): Onondaga County Industrial Development Agency Page 9 page38 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 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): $ 14,026,623 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 105,200 G) Sales and Use Tax Benefit Calculator: Gross amount of costs for goods and services that are subject to State and local Sales and Use Tax – said amount to benefit from the Agency’s Sales and Use Tax exemption benefit: $ 7,974,175 ☐ Mortgage Recording Tax Exemption (.75% of amount mortgaged): 105,200 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 637,934 ☐ Tax Exempt Bond Financing (Amount Requested): ☐ Taxable Bond Financing (Amount Requested): Onondaga County Industrial Development Agency Page 9 page38 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 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): $ 14,026,623 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 105,200 G) Sales and Use Tax Benefit Calculator: Gross amount of costs for goods and services that are subject to State and local Sales and Use Tax – said amount to benefit from the Agency’s Sales and Use Tax exemption benefit: $ 7,974,175 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 page 9, this calculation only exists to help you with your estimate): $ 637,934 Onondaga County Industrial Development Agency Page 10 page39 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section IV: Estimate of Real Property Tax Abatement Benefits 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 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 page 9, this calculation only exists to help you with your estimate): $ 637,934 Onondaga County Industrial Development Agency Page 10 page39 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section IV: Estimate of Real Property Tax Abatement Benefits 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 1 100 2 90 3 80 4 70 5 60 6 50 7 40 8 30 9 20 10 10 TOTAL 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 page40 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC PILOT Exemption County Local School Total Full Tax Net Exemption Year % PILOT PILOT PILOT PILOT Payment Amount Amount Amount w/o PILOT 1 100 2 90 3 80 4 70 5 60 6 50 7 40 8 30 9 20 10 10 TOTAL 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 page40 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC SECTION: V ForProjects For Retail Retail Projects Only Only Tax 1. Will the cost of the retail portion of the Project exceed one-third of the total project cost? ☐Yes ☐No 2. Is the Project located in a distressed area? A distressed area is a census tract that has a) a poverty rate of a least 20% or at least 20% of households receiving public assistance, and (b) an unemployment rate of least 1.25 times the statewide unemployment rate for the year to which the date relates. ☐Yes ☐No 3. Is the Project likely to attract a significant number of visitors from outside of the economic development region? ☐Yes ☐No SECTION: V ForProjects For Retail Retail Projects Only Only Tax 1. Will the cost of the retail portion of the Project exceed one-third of the total project cost? ☐Yes ☐No 2. Is the Project located in a distressed area? A distressed area is a census tract that has a) a poverty rate of a least 20% or at least 20% of households receiving public assistance, and (b) an unemployment rate of least 1.25 times the statewide unemployment rate for the year to which the date relates. ☐Yes ☐No 3. Is the Project likely to attract a significant number of visitors from outside of the economic development region? ☐Yes ☐No 4. Is the predominate purpose of the Project to make available goods or services which would not, but for the Project, be reasonably accessible to the residents of the Town, City, County or Village of where the Project will be located. ☐Yes ☐No Onondaga County Industrial Development Agency Page 12 page41 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC 4. Is the predominate purpose of the Project to make available goods or services which would not, but for the Project, be reasonably accessible to the residents of the Town, City, County or Village of where the Project will be located. ☐Yes ☐No Onondaga County Industrial Development Agency Page 12 page41 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC SECTION VI: For Solar Projects Only Please complete the following as an addendum: P X, an 1. Describe the reasons why the Agency’s financial assistance is necessary. Describe how the Project would be affected if these benefits were not provided. [see Section II (C)] 2. Is the applicant leasing the property? ☐ Yes, please provide a copy of the lease ☐ No, purchased the property. Please provide documentation. 3. Has the applicant provided written communication to the affected taxing jurisdictions notifying them of its intent to construct a renewable energy project? ☐ Yes ☐ No 4. Has the applicant received a letter of support for the megawatt cost to be used as a basis for the PILOT from the town, city or village where the Project is located? ☐ Yes. Please provide copy. ☐ No 5. Has the applicant received a letter of support for the megawatt cost to be used as a basis for PILOT from the school district? ☐ Yes. Please provide copy. ☐ No 6. Is the entire parcel being used for the solar project? ☐ Yes ☐ No, if not, have you reached out to the town assessor to discuss a subdivision or slash parcel? Explain: ___________________________________________ 7. Will the applicant enter into a decommissioning plan with the host community, including financial assurance the plan can be executed? ☐ Yes, explain. ☐ No SECTION VI: For Solar Projects Only Please complete the following as an addendum: P X, an 1. Describe the reasons why the Agency’s financial assistance is necessary. Describe how the Project would be affected if these benefits were not provided. [see Section II (C)] 2. Is the applicant leasing the property? ☐ Yes, please provide a copy of the lease ☐ No, purchased the property. Please provide documentation. 3. Has the applicant provided written communication to the affected taxing jurisdictions notifying them of its intent to construct a renewable energy project? ☐ Yes ☐ No 4. Has the applicant received a letter of support for the megawatt cost to be used as a basis for the PILOT from the town, city or village where the Project is located? ☐ Yes. Please provide copy. ☐ No 5. Has the applicant received a letter of support for the megawatt cost to be used as a basis for PILOT from the school district? ☐ Yes. Please provide copy. ☐ No 6. Is the entire parcel being used for the solar project? ☐ Yes ☐ No, if not, have you reached out to the town assessor to discuss a subdivision or slash parcel? Explain: ___________________________________________ 7. Will the applicant enter into a decommissioning plan with the host community, including financial assurance the plan can be executed? ☐ Yes, explain. ☐ No *PLEASE SEE FOLLOWING PAGE FOR OCIDA SOLAR GUIDANCE & BEST PRACTICE Onondaga County Industrial Development Agency Page 13 page42 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC OCIDA Solar PILOTs Guidance and Best Practice OCIDA SOLAR PILOTs GUIDANCE AND BEST PRACTICE To be placed on the OCIDA meeting agenda, proposed solar projects must provide OCIDA with the following in advance of the Project’s first OCIDA meeting: *PLEASE SEE FOLLOWING PAGE FOR OCIDA SOLAR GUIDANCE & BEST PRACTICE Onondaga County Industrial Development Agency Page 13 page42 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC OCIDA Solar PILOTs Guidance and Best Practice OCIDA SOLAR PILOTs GUIDANCE AND BEST PRACTICE To be placed on the OCIDA meeting agenda, proposed solar projects must provide OCIDA with the following in advance of the Project’s first OCIDA meeting: 1. Fully completed OCIDA application. 2. Copy of Environmental Assessment Form. 3. A SEQR resolution approved by a local municipality indicating municipality will be lead agency, the type of action (I, II, or unlisted) and, if completed, the SEQR determination made by the municipality. 4. Copies of your zoning applications submitted to the local municipality. 5. Verification of parcel subdivision process with the town (if the entire parcel will not be used for the solar project). 6. A statement clarifying whether the applicant will lease or purchase the real property on which the Project is situated. If leased, provide a copy of the proposed or executed lease. If lease parcel is less then entire parcel then see 5 above. 7. A supporting document from the School District and the Town Board outlining the agreed upon cost per megawatt to be used as a basis for the PILOT. OCIDA cannot create the PILOT schedule without this information. 8. Absent a showing otherwise by the Company, deemed acceptable by the Agency in the sole and absolute discretion, the Company must close with the Agency on a project prior to consideration of any requested organizational structure or project entity ownership changes. 1. Fully completed OCIDA application. 2. Copy of Environmental Assessment Form. 3. A SEQR resolution approved by a local municipality indicating municipality will be lead agency, the type of action (I, II, or unlisted) and, if completed, the SEQR determination made by the municipality. 4. Copies of your zoning applications submitted to the local municipality. 5. Verification of parcel subdivision process with the town (if the entire parcel will not be used for the solar project). 6. A statement clarifying whether the applicant will lease or purchase the real property on which the Project is situated. If leased, provide a copy of the proposed or executed lease. If lease parcel is less then entire parcel then see 5 above. 7. A supporting document from the School District and the Town Board outlining the agreed upon cost per megawatt to be used as a basis for the PILOT. OCIDA cannot create the PILOT schedule without this information. 8. Absent a showing otherwise by the Company, deemed acceptable by the Agency in the sole and absolute discretion, the Company must close with the Agency on a project prior to consideration of any requested organizational structure or project entity ownership changes. You will receive a draft Cost Benefit Analysis and a Draft PILOT schedule from this office. You may use these documents as your Project progresses through the OCIDA approval process. OCIDA staff are available to update these two documents as needed. Onondaga County Industrial Development Agency Page 14 page43 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC You will receive a draft Cost Benefit Analysis and a Draft PILOT schedule from this office. You may use these documents as your Project progresses through the OCIDA approval process. OCIDA staff are available to update these two documents as needed. Onondaga County Industrial Development Agency Page 14 page43 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC SECTION VII: For Housing Projects Only Please complete the following as an addendum: 1. Describe the reasons why the Agency’s financial assistance is necessary. Describe how the project would be impacted if these benefits were not provided. [see Section II (C)] 2. Is the Project being built in a blighted area? Please describe. 3. Is the Project fulfilling an unmet need in the area? Please explain. 4. Please provide a market study documenting a need for such housing. 5. Is there support from local government officials for the Project and for the financial assistance being requested from the Agency? Please provide written documentation. 6. Is the Project considered infill in a populated area? Please explain. 7. Does the Project provide walkability? 8. Is there additional county infrastructure necessary to service the Project? If, yes, please explain. 9. Is the Project part of a larger mixed-use development? Please describe. Onondaga County Industrial Development Agency Page 15 page44 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section VIII: Local Access Policy Agreement SECTION VII: For Housing Projects Only Please complete the following as an addendum: 1. Describe the reasons why the Agency’s financial assistance is necessary. Describe how the project would be impacted if these benefits were not provided. [see Section II (C)] 2. Is the Project being built in a blighted area? Please describe. 3. Is the Project fulfilling an unmet need in the area? Please explain. 4. Please provide a market study documenting a need for such housing. 5. Is there support from local government officials for the Project and for the financial assistance being requested from the Agency? Please provide written documentation. 6. Is the Project considered infill in a populated area? Please explain. 7. Does the Project provide walkability? 8. Is there additional county infrastructure necessary to service the Project? If, yes, please explain. 9. Is the Project part of a larger mixed-use development? Please describe. Onondaga County Industrial Development Agency Page 15 page44 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section VIII: Local Access Policy Agreement 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. 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 Cyomech, Inc. (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 10/19/2022 (date). 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 Cyomech, Inc. (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 10/19/2022 (date). Company: Cryomech, Inc. Representative for Contract: Mr. Richard Dausman, President __ Address: 6682 Moore Road City: Dewitt State: NY Zip: 13211 Phone: 315-455-2555 Email: rdausman@cryomech.com Project Address: same as above City: State: Zip: General Contractor: VIP Structures Contact Person: Vince Raymond Address: One Webster Landing City: Syracuse State: NY Zip: 13202 Phone: 315-471-5338 Email: vraymond@vipstructures.com Authorized Representative: Jim Herr Title: Vice President and Pres (Emeritus) Signature: Onondaga County Industrial Development Agency Page 16 page45 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section IX: Agency Fee Schedule * Minimum Fee to be applied to all project receiving OCIDA benefits is 1% of the Total Project Cost (TPC) ACTIVITY FEES COMMENTS Company: Cryomech, Inc. Representative for Contract: Mr. Richard Dausman, President __ Address: 6682 Moore Road City: Dewitt State: NY Zip: 13211 Phone: 315-455-2555 Email: rdausman@cryomech.com Project Address: same as above City: State: Zip: General Contractor: VIP Structures Contact Person: Vince Raymond Address: One Webster Landing City: Syracuse State: NY Zip: 13202 Phone: 315-471-5338 Email: vraymond@vipstructures.com Authorized Representative: Jim Herr Title: Vice President and Pres (Emeritus) Signature: Onondaga County Industrial Development Agency Page 16 page45 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section IX: Agency Fee Schedule * Minimum Fee to be applied to all project receiving OCIDA benefits is 1% of the Total Project Cost (TPC) ACTIVITY FEES COMMENTS N Non- refundable Application Fee (All projects $1,000 Due at time of except Solar Projects) application Non-refundable Application Fee (Solar $10,000 Projects Only) L Legal Deposit (All projects except Solar $2,500 Due at time of Projects) application S Legal Deposit (Solar Projects Only) $5,000 Minimum Fee of 1% of TPC 1. Sales and Use Tax Exemption .01 X TPC Due at closing 2. Mortgage Recording Tax 3. PILOT is an additional fee .0025 X TPC (total .0125) Bonds Due at closing B Bond refinancing and refunding .0025 of TPC A Agency Legal Fees .0. N Non- refundable Application Fee (All projects $1,000 Due at time of except Solar Projects) application Non-refundable Application Fee (Solar $10,000 Projects Only) L Legal Deposit (All projects except Solar $2,500 Due at time of Projects) application S Legal Deposit (Solar Projects Only) $5,000 Minimum Fee of 1% of TPC 1. Sales and Use Tax Exemption .01 X TPC Due at closing 2. Mortgage Recording Tax 3. PILOT is an additional fee .0025 X TPC (total .0125) Bonds Due at closing B Bond refinancing and refunding .0025 of TPC A Agency Legal Fees .0. Fe Fee for first $20 million .0025 X of the project cost or bond Due at closing amount Fe Fee for expenses above $20 million .. .0 .00125 X of project cost or bond amount . Amendment or Modification of IDA U Up to but not to exceed 5% of Agency Due at time of documents, including but not limited to name Fee as noted on the Cost Benefit Request or organization change, refinancing, etc. Analysis at time of project approval. Consent to the amendment or modification ofLe Attorney fees determined by OCIDA IDA documents prior to closing on the project Legal Representative. shall be given at OCIDA’s sole and absolute discretion. 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 17 page46 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section X: Recapture of Tax Abatement/Exemptions Fe Fee for first $20 million .0025 X of the project cost or bond Due at closing amount Fe Fee for expenses above $20 million .. .0 .00125 X of project cost or bond amount . Amendment or Modification of IDA U Up to but not to exceed 5% of Agency Due at time of documents, including but not limited to name Fee as noted on the Cost Benefit Request or organization change, refinancing, etc. Analysis at time of project approval. Consent to the amendment or modification ofLe Attorney fees determined by OCIDA IDA documents prior to closing on the project Legal Representative. shall be given at OCIDA’s sole and absolute discretion. 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 17 page46 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section X: Recapture of Tax Abatement/Exemptions 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. Please refer to the OCIDA Uniform Tax Exemption Policy. (add hyperlink) 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 _________________________________ Cryomech, Inc. Signature of Officer or Authorized Representative: _________________________________ Name & Title of Officer or Authorized Representative: _________________________________ Mr. Richard Dausman, President 10/19/2022 Date: ______________ 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. Please refer to the OCIDA Uniform Tax Exemption Policy. (add hyperlink) 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 _________________________________ Cryomech, Inc. Signature of Officer or Authorized Representative: _________________________________ Name & Title of Officer or Authorized Representative: _________________________________ Mr. Richard Dausman, President 10/19/2022 Date: ______________ Onondaga County Industrial Development Agency Page 18 page47 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section XI: Conflict of Interest Agency Board Members 1. Patrick Hogan, Chairperson 2. Janice Herzog, Vice Chairperson 3. Steve Morgan, Director 4. Victor Ianno, Director 5. Sue Stanczyk, Director 6. Kevin Ryan, Director 7. Fanny Villarreal, Director Agency Officers/Staff 1. Robert M. Petrovich, Executive Director 2. Nathaniel Stevens, Treasurer 3. Nancy Lowery, Secretary 4. Karen Doster, Recording Secretary 5. Christopher Cox, Assistant Treasurer Agency Legal Counsel & Auditor 1. Jeffrey Davis, Esq., Barclay Damon LLP 2. Amanda Fitzgerald, Esq., Barclay Damon LLP 3. Michael G. Lisson, CPA, Grossman St. Amour Certified Public Accountants PLLC Onondaga County Industrial Development Agency Page 18 page47 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section XI: Conflict of Interest Agency Board Members 1. Patrick Hogan, Chairperson 2. Janice Herzog, Vice Chairperson 3. Steve Morgan, Director 4. Victor Ianno, Director 5. Sue Stanczyk, Director 6. Kevin Ryan, Director 7. Fanny Villarreal, Director Agency Officers/Staff 1. Robert M. Petrovich, Executive Director 2. Nathaniel Stevens, Treasurer 3. Nancy Lowery, Secretary 4. Karen Doster, Recording Secretary 5. Christopher Cox, Assistant Treasurer Agency Legal Counsel & Auditor 1. Jeffrey Davis, Esq., Barclay Damon LLP 2. Amanda Fitzgerald, 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 _________________________________ Cryomech, Inc. Signature of Officer or Authorized Representative: _________________________________ Name & Title of Officer or Authorized Representative: _________________________________ Richard Dausman, President 10/19/2022 Date: ______________ Onondaga County Industrial Development Agency Page 19 page48 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section XII: Representations, Certifications, and Indemnification 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 _________________________________ Cryomech, Inc. Signature of Officer or Authorized Representative: _________________________________ Name & Title of Officer or Authorized Representative: _________________________________ Richard Dausman, President 10/19/2022 Date: ______________ Onondaga County Industrial Development Agency Page 19 page48 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC Section XII: Representations, Certifications, and Indemnification (Name of CEO or other authorized representative of Applicant) confirms and says that he/she is the ____________________ (title) of ____________________ (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. (Name of CEO or other authorized representative of Applicant) confirms and says that he/she is the ____________________ (title) of ____________________ (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. 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 meetings law. 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 meetings law. Onondaga County Industrial Development Agency Page 20 page49 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC F. Prevailing Wage: The Applicant understands and agrees that, if the Project receives any financial assistance from the Agency, the Applicant shall determine whether the Project is a “covered project” pursuant to Section 224-a of Article 8 of the New York Labor Law and, if applicable, the Applicant shall comply with Section 224-a of Article 8 of the New York Labor Law; and the Applicant further covenants that the Applicant shall provide such evidence of the foregoing as requested by the Agency. G. 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. H. 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. Onondaga County Industrial Development Agency Page 20 page49 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC F. Prevailing Wage: The Applicant understands and agrees that, if the Project receives any financial assistance from the Agency, the Applicant shall determine whether the Project is a “covered project” pursuant to Section 224-a of Article 8 of the New York Labor Law and, if applicable, the Applicant shall comply with Section 224-a of Article 8 of the New York Labor Law; and the Applicant further covenants that the Applicant shall provide such evidence of the foregoing as requested by the Agency. G. 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. H. 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. I. 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 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. J. 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. K. 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. L. 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. Onondaga County Industrial Development Agency Page 21 page50 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC J. 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. K. 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. L. 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. Onondaga County Industrial Development Agency Page 21 page50 DocuSign Envelope ID: 7876E561-EBAC-4F0C-B408-18FC29A6F1CC M. 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. N. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application. M. 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. N. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application. O. 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. O. 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 22 page51 page52 Project Description Cryomech, Inc. (“Cryomech”) is requesting assistance from OCIDA in the form of a PILOT, sales and use exceptions as well as a mortgage recording exemption. Due to the increase in material costs as well as supply chain issues, this expansion is significantly higher in cost than it would have been prior to the COVID pandemic; therefore, Applicants are seeking the assistance from OCIDA to ensure this project can be carried out. If OCIDA is unable to assist with incentives for this project the Applicants would likely significantly decrease the size of the expansion resulting in less job creation. OCIDA’s assistance will enable Cyomech to expand its’ footprint, diversify its product line, acquire new equipment, and increase its workforce. Onondaga County Industrial Development Agency Page 22 page51 page52 Project Description Cryomech, Inc. (“Cryomech”) is requesting assistance from OCIDA in the form of a PILOT, sales and use exceptions as well as a mortgage recording exemption. Due to the increase in material costs as well as supply chain issues, this expansion is significantly higher in cost than it would have been prior to the COVID pandemic; therefore, Applicants are seeking the assistance from OCIDA to ensure this project can be carried out. If OCIDA is unable to assist with incentives for this project the Applicants would likely significantly decrease the size of the expansion resulting in less job creation. OCIDA’s assistance will enable Cyomech to expand its’ footprint, diversify its product line, acquire new equipment, and increase its workforce. This project consists of the acquisition of approximately 12.5 additional acres from portions of the adjacent parcels; (tax ID 022.-05-03.1 and 022.-05-02.3) to construct an expansion of roughly 30,000 SF of manufacturing space and 4,000 SF of office space at the existing 76,000 SF Cryomech, Inc, facility located at 6682 Moore Road in Dewitt, NY (tax ID 022.-05-19.0); it is assumed that all three parcels will be combined through a subdivision process at some point during the expansion. Cryomech looks to invest almost $17 million on acquisition, construction, design, site work and equipment. This added space will allow them to increase their Operations, Qualification, Warehouse, and Service departments, speeding up the delivery process for their manufactured and refurbished units. To support the expansion of production, Cryomech will be enhancing the technical side of the company with additional engineers and support staff, requiring an expansion of office space.] Cryomech must keep up with the demands of its growing market as well as diversify; the added space will allow facilities to manufacture technology for new areas of business such as advancements in quantum information science, clean energy such as fusion and hydrogen fuel cells, life sciences such as nuclear magnetic resonance (NMR), and low temperature physics such as superconducting detectors. These will be new markets for Cryomech and allow them to diversify its offerings, while remaining competitive in the global market. Cryomech has outgrown its current facility and requires additional space to increase its Operations, Qualification, and Warehouse departments as well as diversify its offerings by adding lines for hydrogen, fusion energy, and single photon detection products. This project consists of the acquisition of approximately 12.5 additional acres from portions of the adjacent parcels; (tax ID 022.-05-03.1 and 022.-05-02.3) to construct an expansion of roughly 30,000 SF of manufacturing space and 4,000 SF of office space at the existing 76,000 SF Cryomech, Inc, facility located at 6682 Moore Road in Dewitt, NY (tax ID 022.-05-19.0); it is assumed that all three parcels will be combined through a subdivision process at some point during the expansion. Cryomech looks to invest almost $17 million on acquisition, construction, design, site work and equipment. This added space will allow them to increase their Operations, Qualification, Warehouse, and Service departments, speeding up the delivery process for their manufactured and refurbished units. To support the expansion of production, Cryomech will be enhancing the technical side of the company with additional engineers and support staff, requiring an expansion of office space.] Cryomech must keep up with the demands of its growing market as well as diversify; the added space will allow facilities to manufacture technology for new areas of business such as advancements in quantum information science, clean energy such as fusion and hydrogen fuel cells, life sciences such as nuclear magnetic resonance (NMR), and low temperature physics such as superconducting detectors. These will be new markets for Cryomech and allow them to diversify its offerings, while remaining competitive in the global market. Cryomech has outgrown its current facility and requires additional space to increase its Operations, Qualification, and Warehouse departments as well as diversify its offerings by adding lines for hydrogen, fusion energy, and single photon detection products. Additionally, due to the number of units it has already placed in the market, there is a need for a larger Service and Refurbishment department to continue to service the existing customers and fielded units; this cannot be accomplished at its current facility without an expansion. page53 There are several new needs in the manufacturing of medical equipment; in order for Cryomech to capture and build in these markets it must have additional manufacturing and warehouse space to respond to the demands for these products to stay relevant. This project strengthens growth in advanced manufacturing, capitalizing on market opportunities in industries of the future. Cryomech will be able to increase production to meet demand of customers and strengthen the competitiveness in and connections to regional, national, and global economies. Cryomech buys over $10 million dollars of NYS goods and services annually. Three quarters of its sales are international exports. It is tied to the economy of the future; quantum computing (QC) and quantum information science (QIS), fusion energy, and hydrogen technology. Industries and governments around the world are investing billions to unleash its potential. CNY is a potential leader in this field. Many of the employees hired by Cryomech have never worked in the field before and are trained by Cryomech. The expansion will create 15 new full-time jobs over the next three years to add to its existing workforce of 166 employees. Additionally, due to the number of units it has already placed in the market, there is a need for a larger Service and Refurbishment department to continue to service the existing customers and fielded units; this cannot be accomplished at its current facility without an expansion. page53 There are several new needs in the manufacturing of medical equipment; in order for Cryomech to capture and build in these markets it must have additional manufacturing and warehouse space to respond to the demands for these products to stay relevant. This project strengthens growth in advanced manufacturing, capitalizing on market opportunities in industries of the future. Cryomech will be able to increase production to meet demand of customers and strengthen the competitiveness in and connections to regional, national, and global economies. Cryomech buys over $10 million dollars of NYS goods and services annually. Three quarters of its sales are international exports. It is tied to the economy of the future; quantum computing (QC) and quantum information science (QIS), fusion energy, and hydrogen technology. Industries and governments around the world are investing billions to unleash its potential. CNY is a potential leader in this field. Many of the employees hired by Cryomech have never worked in the field before and are trained by Cryomech. The expansion will create 15 new full-time jobs over the next three years to add to its existing workforce of 166 employees. About Cryomech, Inc. Cryomech, Inc., develops and manufactures high-performance cryogenic equipment, including cryocoolers and laboratory-scale helium management devices. Cryogenic equipment is crucial to scientific advancement. Since its founding in 1963, the company has been at the global forefront of research and innovation in its field. Its growth is attributable to its ability to develop products that cater to the specific needs of researchers and industries in a wide array of fields, including medical, agricultural, energy and aerospace. Half of its sales are custom-designed products; the other half are purchase of existing products. About Cryomech, Inc. Cryomech, Inc., develops and manufactures high-performance cryogenic equipment, including cryocoolers and laboratory-scale helium management devices. Cryogenic equipment is crucial to scientific advancement. Since its founding in 1963, the company has been at the global forefront of research and innovation in its field. Its growth is attributable to its ability to develop products that cater to the specific needs of researchers and industries in a wide array of fields, including medical, agricultural, energy and aerospace. Half of its sales are custom-designed products; the other half are purchase of existing products. Cryomech manufactures the broadest, most comprehensive line of cryocoolers available, including the world’s largest capacity Gifford-McMahon cryocoolers (a type of cryocooler invented in 1961 by the company founder, William Gifford, which revolutionized scientific research). It also manufactures the world’s largest and most powerful 4K Pulse Tube cryocooler. This is one of its most exciting products, and one of its major drivers of growth. It is sold to OEM customers who use it to manufacture a dilution refrigerator used in quantum computing. It is 25% more powerful than any other product available on the planet, making it the obvious choice for specific OEM’s in terms of results, cost, and convenience. (Meanwhile, Cryomech is currently developing a product even more advanced than the current one, ensuring that it will continue to outpace any attempted competitors.) Cryomech cryocoolers, sold to OEM’s, are found at companies driving the world’s advancement of quantum computing, such as IBM-Q, Google and Microsoft. Cryomech products advance science, technology, and industry. Examples include: page54 • medicine and medical technologies such as CT scans, Magnetic Resonance Imaging (MRI), and Magnetoencephalography (MEG), a neuroimaging technique that maps brain activity. Researchers from Harvard Medical School and Boston Children’s Hospital use a Cryomech helium recycler in a MEG that studies brain development and neurological disorders in babies. Cryomech manufactures the broadest, most comprehensive line of cryocoolers available, including the world’s largest capacity Gifford-McMahon cryocoolers (a type of cryocooler invented in 1961 by the company founder, William Gifford, which revolutionized scientific research). It also manufactures the world’s largest and most powerful 4K Pulse Tube cryocooler. This is one of its most exciting products, and one of its major drivers of growth. It is sold to OEM customers who use it to manufacture a dilution refrigerator used in quantum computing. It is 25% more powerful than any other product available on the planet, making it the obvious choice for specific OEM’s in terms of results, cost, and convenience. (Meanwhile, Cryomech is currently developing a product even more advanced than the current one, ensuring that it will continue to outpace any attempted competitors.) Cryomech cryocoolers, sold to OEM’s, are found at companies driving the world’s advancement of quantum computing, such as IBM-Q, Google and Microsoft. Cryomech products advance science, technology, and industry. Examples include: page54 • medicine and medical technologies such as CT scans, Magnetic Resonance Imaging (MRI), and Magnetoencephalography (MEG), a neuroimaging technique that maps brain activity. Researchers from Harvard Medical School and Boston Children’s Hospital use a Cryomech helium recycler in a MEG that studies brain development and neurological disorders in babies. • sensitive telescope systems for learning about the universe and for planning future space missions. These telescopes’ optics and scientific instruments need to be cryogenically cooled to reduce the effects of vibration. The astronomers who recently created the world’s first photograph of a black hole had Cryomech equipment in their telescopes. NASA uses a Cryomech compressor to cool the telescope on an airplane that studies the stratosphere. • unmanned aerial vehicles (UAV’s) and research on alternative ways to fuel them; • particle research, condensed matter physics – advancing semiconductors, lasers, and nanotechnology. • clean and renewable energy. Cryomech is able to work collaboratively with its customers to develop products that meet their specific needs. The company continues to grow, and the pace of its growth is rising. An investment in Cryomech’s future expansion is an investment in CNY’s contribution to global scientific research and the emerging global economy. page55 page56 Short Environmental Assessment Form Part 1 - Project Information Instructions for Completing • sensitive telescope systems for learning about the universe and for planning future space missions. These telescopes’ optics and scientific instruments need to be cryogenically cooled to reduce the effects of vibration. The astronomers who recently created the world’s first photograph of a black hole had Cryomech equipment in their telescopes. NASA uses a Cryomech compressor to cool the telescope on an airplane that studies the stratosphere. • unmanned aerial vehicles (UAV’s) and research on alternative ways to fuel them; • particle research, condensed matter physics – advancing semiconductors, lasers, and nanotechnology. • clean and renewable energy. Cryomech is able to work collaboratively with its customers to develop products that meet their specific needs. The company continues to grow, and the pace of its growth is rising. An investment in Cryomech’s future expansion is an investment in CNY’s contribution to global scientific research and the emerging global economy. page55 page56 Short Environmental Assessment Form Part 1 - Project Information Instructions for Completing Part 1 – Project Information. The applicant or project sponsor is responsible for the completion of Part 1. Responses become part of the application for approval or funding, are subject to public review, and may be subject to further verification. Complete Part 1 based on information currently available. If additional research or investigation would be needed to fully respond to any item, please answer as thoroughly as possible based on current information. Complete all items in Part 1. You may also provide any additional information which you believe will be needed by or useful to the lead agency; attach additional pages as necessary to supplement any item. Part 1 – Project and Sponsor Information Name of Action or Project: Cryomech Expansion Project Location (describe, and attach a location map): 6682 Moore Road, DeWitt, NY 13211 Brief Description of Proposed Action: Project includes a 34,584 sf+/- building expansion, enlarged stormwater management facility and additional parking areas. A subdivision / lot line adjustment is also required to obtain approximately 10.8 acres to the east. Part 1 – Project Information. The applicant or project sponsor is responsible for the completion of Part 1. Responses become part of the application for approval or funding, are subject to public review, and may be subject to further verification. Complete Part 1 based on information currently available. If additional research or investigation would be needed to fully respond to any item, please answer as thoroughly as possible based on current information. Complete all items in Part 1. You may also provide any additional information which you believe will be needed by or useful to the lead agency; attach additional pages as necessary to supplement any item. Part 1 – Project and Sponsor Information Name of Action or Project: Cryomech Expansion Project Location (describe, and attach a location map): 6682 Moore Road, DeWitt, NY 13211 Brief Description of Proposed Action: Project includes a 34,584 sf+/- building expansion, enlarged stormwater management facility and additional parking areas. A subdivision / lot line adjustment is also required to obtain approximately 10.8 acres to the east. Name of Applicant or Sponsor: Telephone: 315-445-7980 Keplinger Freeman Associates - Scott Freeman E-Mail: sf@keplingerfreeman.com Address: 6320 Fly Road Suite 109 City/PO: State: Zip Code: East Syracuse NY 13057 1. Does the proposed action only involve the legislative adoption of a plan, local law, ordinance, NO YES administrative rule, or regulation? If Yes, attach a narrative description of the intent of the proposed action and the environmental resources that ✔ may be affected in the municipality and proceed to Part 2. If no, continue to question 2. 2. Does the proposed action require a permit, approval or funding from any other government Agency? NO YES If Yes, list agency(s) name and permit or approval: Town of DeWitt PB ✔ 3. a. Total acreage of the site of the proposed action? __________ 24.8+/- acres b. Total acreage to be physically disturbed? __________ 3+/- acres c. Total acreage (project site and any contiguous properties) owned or controlled by the applicant or project sponsor? __________ 24.8+/- acres Name of Applicant or Sponsor: Telephone: 315-445-7980 Keplinger Freeman Associates - Scott Freeman E-Mail: sf@keplingerfreeman.com Address: 6320 Fly Road Suite 109 City/PO: State: Zip Code: East Syracuse NY 13057 1. Does the proposed action only involve the legislative adoption of a plan, local law, ordinance, NO YES administrative rule, or regulation? If Yes, attach a narrative description of the intent of the proposed action and the environmental resources that ✔ may be affected in the municipality and proceed to Part 2. If no, continue to question 2. 2. Does the proposed action require a permit, approval or funding from any other government Agency? NO YES If Yes, list agency(s) name and permit or approval: Town of DeWitt PB ✔ 3. a. Total acreage of the site of the proposed action? __________ 24.8+/- acres b. Total acreage to be physically disturbed? __________ 3+/- acres c. Total acreage (project site and any contiguous properties) owned or controlled by the applicant or project sponsor? __________ 24.8+/- acres  Check all land uses that occur on, adjoining  near the proposed actio   Rural (non-agriculture) ndustrial ✔ ✔ Commercial  Residential (suburban) Forest Agriculture  Parkland Page 1 of 3 page57  Check all land uses that occur on, adjoining  near the proposed actio   Rural (non-agriculture) ndustrial ✔ ✔ Commercial  Residential (suburban) Forest Agriculture  Parkland Page 1 of 3 page57 5. Is the proposed action, NO YES N/A a. A permitted use under the zoning regulations? ✔ b. Consistent with the adopted comprehensive plan? ✔ NO YES 6. Is the proposed action consistent with the predominant character of the existing built or natural landscape? ✔ 7. Is the site of the proposed action located in, or does it adjoin, a state listed Critical Environmental Area? NO YES If Yes, identify: ________________________________________________________________________________ ✔ NO YES  a. Will the proposed action result in a substantial increase in traffic above present levels? ✔  Are public transportation services available at or near the site of the proposed action? ✔  Are any pedestrian accommodations or bicycle routes available on or near site of the proposed action? ✔ 9. Does the proposed action meet or exceed the state energy code requirements? NO YES If the proposed action will exceed requirements, describe design features and technologies: 5. Is the proposed action, NO YES N/A a. A permitted use under the zoning regulations? ✔ b. Consistent with the adopted comprehensive plan? ✔ NO YES 6. Is the proposed action consistent with the predominant character of the existing built or natural landscape? ✔ 7. Is the site of the proposed action located in, or does it adjoin, a state listed Critical Environmental Area? NO YES If Yes, identify: ________________________________________________________________________________ ✔ NO YES  a. Will the proposed action result in a substantial increase in traffic above present levels? ✔  Are public transportation services available at or near the site of the proposed action? ✔  Are any pedestrian accommodations or bicycle routes available on or near site of the proposed action? ✔ 9. Does the proposed action meet or exceed the state energy code requirements? NO YES If the proposed action will exceed requirements, describe design features and technologies: _____________________________________________________________________________________________ ✔ _____________________________________________________________________________________________ 10. Will the proposed action connect to an existing public/private water supply? NO YES If No, describe method for providing potable : _________________________________________ ✔ _____________________________________________________________________________________________ 11. Will the proposed action connect to existing wastewater utilities? NO YES If No, describe method for providing wastewater treatment: ______________________________________ ✔ _____________________________________________________________________________________________ _____________________________________________________________________________________________ ✔ _____________________________________________________________________________________________ 10. Will the proposed action connect to an existing public/private water supply? NO YES If No, describe method for providing potable : _________________________________________ ✔ _____________________________________________________________________________________________ 11. Will the proposed action connect to existing wastewater utilities? NO YES If No, describe method for providing wastewater treatment: ______________________________________ ✔ _____________________________________________________________________________________________ !"#$%$  &$$ $ '' *$& '+ *&'*'$&+$ NO YES $'$+ 4 '8*$<$='$&$  +> +  @>>$$ 4G=H$&8  +<$=$J  '* ''$ *  ✔ 8*$<$='$K ✔ $%$&  &'+ +%  +$* +$$ $J '*'$$ 4G<$=$J <='*'$ J K !Q . Does any portion of the site of the proposed action, or lands adjoining the proposed action, contain NO YES wetlands or other waterbodies regulated by a federal, state or local agency? ✔  Would the proposed action physically alter, or encroach into, any existing wetland or waterbody? ✔ If Yes, identify the wetland or waterbody and extent of alterations in square feet or acres: _____________________ !"#$%$  &$$ $ '' *$& '+ *&'*'$&+$ NO YES $'$+ 4 '8*$<$='$&$  +> +  @>>$$ 4G=H$&8  +<$=$J  '* ''$ *  ✔ 8*$<$='$K ✔ $%$&  &'+ +%  +$* +$$ $J '*'$$ 4G<$=$J <='*'$ J K !Q . Does any portion of the site of the proposed action, or lands adjoining the proposed action, contain NO YES wetlands or other waterbodies regulated by a federal, state or local agency? ✔  Would the proposed action physically alter, or encroach into, any existing wetland or waterbody? ✔ If Yes, identify the wetland or waterbody and extent of alterations in square feet or acres: _____________________ _____________________________________________________________________________________________ _____________________________________________________________________________________________ Page 2 of 3 page58 page59 EAF Mapper Summary Report Monday, July 25, 2022 2:05 PM Disclaimer: The EAF Mapper is a screening tool intended to assist project sponsors and reviewing agencies in preparing an environmental assessment form (EAF). Not all questions asked in the EAF are answered by the EAF Mapper. Additional information on any EAF question can be obtained by consulting the EAF Workbooks. Although the EAF Mapper provides the most up-to-date digital data available to DEC, you may also need to contact local or other data sources in order to obtain data not provided by the Mapper. Digital data is not a substitute for agency determinations. _____________________________________________________________________________________________ _____________________________________________________________________________________________ Page 2 of 3 page58 page59 EAF Mapper Summary Report Monday, July 25, 2022 2:05 PM Disclaimer: The EAF Mapper is a screening tool intended to assist project sponsors and reviewing agencies in preparing an environmental assessment form (EAF). Not all questions asked in the EAF are answered by the EAF Mapper. Additional information on any EAF question can be obtained by consulting the EAF Workbooks. Although the EAF Mapper provides the most up-to-date digital data available to DEC, you may also need to contact local or other data sources in order to obtain data not provided by the Mapper. Digital data is not a substitute for agency determinations. Part 1 / Question 7 [Critical Environmental No Area] Part 1 / Question 12a [National or State No Register of Historic Places or State Eligible Sites] Part 1 / Question 12b [Archeological Sites] No Part 1 / Question 13a [Wetlands or Other Yes - Digital mapping information on local and federal wetlands and Regulated Waterbodies] waterbodies is known to be incomplete. Refer to EAF Workbook. Part 1 / Question 15 [Threatened or No Endangered Animal] Part 1 / Question 16 [100 Year Flood Plain] Yes Part 1 / Question 20 [Remediation Site] Yes page60 Short Environmental Assessment Form - EAF Mapper Summary Report 1 Onondaga County Industrial Development Agency Project Summary DRAFT 11/1/2022 1. Project Tocco Villaggio III, LLC 2. Project Number 3101-22-07A 3. Location Clay 4. School District North Syracuse School District 6. Project Type New Construction 5. Tax Parcel(s) 051.-01-02.1 Village Clay Part 1 / Question 7 [Critical Environmental No Area] Part 1 / Question 12a [National or State No Register of Historic Places or State Eligible Sites] Part 1 / Question 12b [Archeological Sites] No Part 1 / Question 13a [Wetlands or Other Yes - Digital mapping information on local and federal wetlands and Regulated Waterbodies] waterbodies is known to be incomplete. Refer to EAF Workbook. Part 1 / Question 15 [Threatened or No Endangered Animal] Part 1 / Question 16 [100 Year Flood Plain] Yes Part 1 / Question 20 [Remediation Site] Yes page60 Short Environmental Assessment Form - EAF Mapper Summary Report 1 Onondaga County Industrial Development Agency Project Summary DRAFT 11/1/2022 1. Project Tocco Villaggio III, LLC 2. Project Number 3101-22-07A 3. Location Clay 4. School District North Syracuse School District 6. Project Type New Construction 5. Tax Parcel(s) 051.-01-02.1 Village Clay 7.Total Project Cost $ 57,000,000.00 8. Total Jobs 4 Land $ 4,200,000 8A. Job Retention 0 Site Work $ 6,900,000 8B: Job Creation 4 Building $ 38,000,000 (Next 5 Years) Furniture & Fixtures $ 4,100,000 Equipment $ - Equipment Subject to NYS Production Exemption $ - Engineering/Architecture Fees $ 1,100,000 Financial Charges $ 2,000,000 Legal Fees $ 100,000 Other $ 600,000 Investment: Abatement Ratio Tocco Villaggio III, LLC Project Description Fiscal Impact ($) Estimated Abatement Cost $3,058,500 Sales Tax Abatement $2,736,000 Mortgage Recording Tax Abatement $322,500 Real Property Tax Relief $0 7.Total Project Cost $ 57,000,000.00 8. Total Jobs 4 Land $ 4,200,000 8A. Job Retention 0 Site Work $ 6,900,000 8B: Job Creation 4 Building $ 38,000,000 (Next 5 Years) Furniture & Fixtures $ 4,100,000 Equipment $ - Equipment Subject to NYS Production Exemption $ - Engineering/Architecture Fees $ 1,100,000 Financial Charges $ 2,000,000 Legal Fees $ 100,000 Other $ 600,000 Investment: Abatement Ratio Tocco Villaggio III, LLC Project Description Fiscal Impact ($) Estimated Abatement Cost $3,058,500 Sales Tax Abatement $2,736,000 Mortgage Recording Tax Abatement $322,500 Real Property Tax Relief $0 New Investment $78,174,500 PILOT Payments $0 The project consists of eight (8) twenty-six unit (26) apartment buildings in The Town of Clay. Project Wages (10 years) $1,835,000 The project will create four (4) jobs. The apartment buildings consist of one and two bedroom Construction Wages $26,118,000 apartments. The apartment sizes range from 800 to 1,500 square feet. Amenities with the community include a fitness center, pool, community room and kitchen, walking trails and Employee Benefits (10 years) $550,500 sidewalks, and pet amenity areas. Project Capital Investment $49,100,000 Agency Fees $571,000 Benefit:Cost Ratio 25.56 :1 Copyright Onondaga County Industry Development Agency, All Rights Reserved page61 page62 page63 page64 page65 page66 page67 page68 page69 page70 page71 withdrew request for PILOT/NL page72 page73 page74 page75 page76 page77 page78 page79 page80 page81 page82 page83 page84 page85 page86 page87 page88 page89 page90 page91 page92 page93 page94 page95 page96 page97 page98 page99 page100 page101 New Investment $78,174,500 PILOT Payments $0 The project consists of eight (8) twenty-six unit (26) apartment buildings in The Town of Clay. Project Wages (10 years) $1,835,000 The project will create four (4) jobs. The apartment buildings consist of one and two bedroom Construction Wages $26,118,000 apartments. The apartment sizes range from 800 to 1,500 square feet. Amenities with the community include a fitness center, pool, community room and kitchen, walking trails and Employee Benefits (10 years) $550,500 sidewalks, and pet amenity areas. Project Capital Investment $49,100,000 Agency Fees $571,000 Benefit:Cost Ratio 25.56 :1 Copyright Onondaga County Industry Development Agency, All Rights Reserved page61 page62 page63 page64 page65 page66 page67 page68 page69 page70 page71 withdrew request for PILOT/NL page72 page73 page74 page75 page76 page77 page78 page79 page80 page81 page82 page83 page84 page85 page86 page87 page88 page89 page90 page91 page92 page93 page94 page95 page96 page97 page98 page99 page100 page101 page102 page103 page104 page105 page106 page107 page108 page109 page110 page111 page112 page113 page114 page115 page116 E U N A VE PARETI PLACE VEDUTA DRIVE I RIC THIS BLOCK IS IN THE BE AL PROPOSED GREEN SPACE TOWN OF CICERO AND CONSERVATION EASEMENT IS NOT PART OF THIS PROJECT. 26-U Apa nit rtmen (3-S torie t s) page102 page103 page104 page105 page106 page107 page108 page109 page110 page111 page112 page113 page114 page115 page116 E U N A VE PARETI PLACE VEDUTA DRIVE I RIC THIS BLOCK IS IN THE BE AL PROPOSED GREEN SPACE TOWN OF CICERO AND CONSERVATION EASEMENT IS NOT PART OF THIS PROJECT. 26-U Apa nit rtmen (3-S torie t s) CE PLA ETI PAR 26-U Apa nit rtmen (3-S torie t s) CE PLA ETI PAR 26-U Apa nit rtmen (3-S torie t s) 26-U Apa nit rtmen (3-S torie t s) 26-U Apa nit rtmen (3-S torie t s) APARTMENT BLOCK torie t rtmen Apa nit s) 26-U (3-S APARTMENT BLOCK torie t rtmen Apa nit s) 26-U (3-S PARETI (3-S Apa nit 26-U torie t rtmen s) torie t PARETI (3-S Apa nit 26-U torie t rtmen s) torie t PLACE rtmen Apa nit s) 26-U (3-S PLACE rtmen Apa nit s) 26-U (3-S (3-S Apa nit 26-U torie t rtmen s) 26-U (3-S Apa nit 26-U torie t rtmen s) 26-U BEL Apa nit (3-S rtmen torie t LINI s) BEL Apa nit (3-S rtmen torie t LINI s) LEGION NAIRE DRIVE BO U LEV AR D LEGION NAIRE DRIVE BO U LEV AR D R PA THIS BLOCK IS IN THE ET I TOWN OF CICERO AND IS NOT PART OF THIS PLA CE R PA THIS BLOCK IS IN THE ET I TOWN OF CICERO AND IS NOT PART OF THIS PLA CE PROJECT. Drawing Copyright © 2022 PROJECT. Drawing Copyright © 2022 300 South State Street Suite 600 Syracuse, NY 13202-4712 315.471.3920 www.chacompanies.com page117 300 South State Street Suite 600 Syracuse, NY 13202-4712 315.471.3920 www.chacompanies.com page117 FRONT ELEVATION - 25 & 26 UNIT Drawing Copyright © 2022 FRONT ELEVATION - 25 & 26 UNIT Drawing Copyright © 2022 300 South State Street Suite 600 Syracuse, NY 13202-4712 315.471.3920 www.chacompanies.com 300 South State Street Suite 600 Syracuse, NY 13202-4712 315.471.3920 www.chacompanies.com RIGHT SIDE ELEVATION - 26 UNIT page118 Drawing Copyright © 2022 RIGHT SIDE ELEVATION - 26 UNIT page118 Drawing Copyright © 2022 300 South State Street Suite 600 Syracuse, NY 13202-4712 315.471.3920 www.chacompanies.com page119 Drawing Copyright © 2022 300 South State Street Suite 600 Syracuse, NY 13202-4712 315.471.3920 www.chacompanies.com page119 Drawing Copyright © 2022 300 South State Street Suite 600 Syracuse, NY 13202-4712 315.471.3920 www.chacompanies.com page120 page121 No. Submittal / Revision By Apv'd Date 1 C&S Contract Drawing Comments PBY JFT 1.22.13 Tocco Villaggio 2 C&S Comments Dated 5/24/13 PBY JFT 6.28.13 TOWN OF CLAY COUNTY OF ONONDAGA STATE OF NEW YORK 3 OCDWEP Comments Dated 12/2/13 PBY JFT 1.2.14 APARTMENT BLOCK SITE LAYOUT 8233 Park Ridge Path, Suite 2 PLAN Liverpool, NY 13090 C-520 Issue Date: 10-26-11 Project No.: 21051 Scale: As Shown Designed: PBY Drawn: AMF Checked: JFT 300 South State Street Suite 600 Syracuse, NY 13202-4712 315.471.3920 www.chacompanies.com page120 page121 No. Submittal / Revision By Apv'd Date 1 C&S Contract Drawing Comments PBY JFT 1.22.13 Tocco Villaggio 2 C&S Comments Dated 5/24/13 PBY JFT 6.28.13 TOWN OF CLAY COUNTY OF ONONDAGA STATE OF NEW YORK 3 OCDWEP Comments Dated 12/2/13 PBY JFT 1.2.14 APARTMENT BLOCK SITE LAYOUT 8233 Park Ridge Path, Suite 2 PLAN Liverpool, NY 13090 C-520 Issue Date: 10-26-11 Project No.: 21051 Scale: As Shown Designed: PBY Drawn: AMF Checked: JFT Onondaga County Industrial Development Agency Project Summary DRAFT 11/7/2022 1. Project Peregrine Senior Living 2. Project Number 3101-22-09A 3. Location Fayetteville 4. School District Fayetteville-Manlius School District 6. Project Type New Construction 5. Tax Parcel(s) 086.-01-03.7 Village 0 Onondaga County Industrial Development Agency Project Summary DRAFT 11/7/2022 1. Project Peregrine Senior Living 2. Project Number 3101-22-09A 3. Location Fayetteville 4. School District Fayetteville-Manlius School District 6. Project Type New Construction 5. Tax Parcel(s) 086.-01-03.7 Village 0 7.Total Project Cost $ 18,938,641.00 8. Total Jobs 40 Land $ 1,300,000 8A. Job Retention 0 Site Work $ 1,297,000 8B: Job Creation 40 Building $ 8,774,364 (Next 5 Years) Furniture & Fixtures $ 1,151,000 Equipment $ 80,000 Management/Developer Fees $ 964,000 Engineering/Architecture Fees $ 285,000 Financial Charges $ 307,000 Legal Fees $ 105,000 Other $ 4,675,277 Investment/Abatement Summary Peregrine Senior Living Project Description Fiscal Impact ($) Estimated Abatement Cost $1,522,355 Sales Tax Abatement $350,000 Mortgage Recording Tax Abatement $92,326 Real Property Tax Relief $1,080,029 7.Total Project Cost $ 18,938,641.00 8. Total Jobs 40 Land $ 1,300,000 8A. Job Retention 0 Site Work $ 1,297,000 8B: Job Creation 40 Building $ 8,774,364 (Next 5 Years) Furniture & Fixtures $ 1,151,000 Equipment $ 80,000 Management/Developer Fees $ 964,000 Engineering/Architecture Fees $ 285,000 Financial Charges $ 307,000 Legal Fees $ 105,000 Other $ 4,675,277 Investment/Abatement Summary Peregrine Senior Living Project Description Fiscal Impact ($) Estimated Abatement Cost $1,522,355 Sales Tax Abatement $350,000 Mortgage Recording Tax Abatement $92,326 Real Property Tax Relief $1,080,029 New Investment $38,170,971 PILOT Payments $1,435,104 Project Wages (10 years) $16,512,360 Peregrine Senior Living proposes to develop and operate Peregrine Senior Living Memory Care Construction Benefit $4,080,938 Residence on 3.85 acres in the Town of Manlius. This project will be a 64-unit, 68 bed facilty or 35,759 square feet. Employee Benefits (10 years) $3,302,472 Project Capital Investment $12,602,364 Agency Fees $237,733 Investment:Abatement Ratio 25.07 :1 Copyright Onondaga County Industry Development Agency, All Rights Reserved page122 Peregrine Senior Living 11/4/2022 A) PILOTS Estimate Table Worksheet DRAFT for 10 years OCIDA estimate of current market value $ 1,300,000 New Investment $38,170,971 PILOT Payments $1,435,104 Project Wages (10 years) $16,512,360 Peregrine Senior Living proposes to develop and operate Peregrine Senior Living Memory Care Construction Benefit $4,080,938 Residence on 3.85 acres in the Town of Manlius. This project will be a 64-unit, 68 bed facilty or 35,759 square feet. Employee Benefits (10 years) $3,302,472 Project Capital Investment $12,602,364 Agency Fees $237,733 Investment:Abatement Ratio 25.07 :1 Copyright Onondaga County Industry Development Agency, All Rights Reserved page122 Peregrine Senior Living 11/4/2022 A) PILOTS Estimate Table Worksheet DRAFT for 10 years OCIDA estimate of current market value $ 1,300,000 Projected investment $ 8,774,364 OCIDA estimate of increase in value $ 5,354,195 OCIDA estimated value after project is completed $ 6,654,195 Taxes that would have been collected if the project did not occur $ 491,370 Scheduled PILOT payments $ 1,435,104 Projected investment $ 8,774,364 OCIDA estimate of increase in value $ 5,354,195 OCIDA estimated value after project is completed $ 6,654,195 Taxes that would have been collected if the project did not occur $ 491,370 Scheduled PILOT payments $ 1,435,104 Fayetteville- Full Tax Onondaga PILOT YEAR Exemption % Fayetteville Manlius 0 Total PILOT Payment w/o Net Exemption County School District PILOT 1 100% $ 6,534 $ 6,415 $ 31,926 $ - $ 44,875.14 $ 229,698 $ 184,823 2 90% $ 9,410 $ 9,239 $ 45,976 $ - $ 64,624.62 $ 234,292 $ 169,668 3 80% $ 12,398 $ 12,172 $ 60,576 $ - $ 85,146.12 $ 238,978 $ 153,832 4 70% $ 15,502 $ 15,220 $ 75,741 $ - $ 106,462.64 $ 243,758 $ 137,295 5 60% $ 18,725 $ 18,384 $ 91,489 $ - $ 128,597.75 $ 248,633 $ 120,035 6 50% $ 22,071 $ 21,669 $ 107,836 $ - $ 151,575.69 $ 253,606 $ 102,030 7 40% $ 25,543 $ 25,078 $ 124,801 $ - $ 175,421.31 $ 258,678 $ 83,256 8 30% $ 29,145 $ 28,614 $ 142,401 $ - $ 200,160.12 $ 263,851 $ 63,691 9 20% $ 32,881 $ 32,282 $ 160,655 $ - $ 225,818.31 $ 269,128 $ 43,310 10 10% $ 36,755 $ 36,085 $ 179,582 $ - $ 252,422.77 $ 274,511 $ 22,088 TOTAL $ 208,965 $ 205,157 $ 1,020,982 $ - $ 1,435,104 $ 2,515,133 $ 1,080,029 Fayetteville- Full Tax Onondaga PILOT YEAR Exemption % Fayetteville Manlius 0 Total PILOT Payment w/o Net Exemption County School District PILOT 1 100% $ 6,534 $ 6,415 $ 31,926 $ - $ 44,875.14 $ 229,698 $ 184,823 2 90% $ 9,410 $ 9,239 $ 45,976 $ - $ 64,624.62 $ 234,292 $ 169,668 3 80% $ 12,398 $ 12,172 $ 60,576 $ - $ 85,146.12 $ 238,978 $ 153,832 4 70% $ 15,502 $ 15,220 $ 75,741 $ - $ 106,462.64 $ 243,758 $ 137,295 5 60% $ 18,725 $ 18,384 $ 91,489 $ - $ 128,597.75 $ 248,633 $ 120,035 6 50% $ 22,071 $ 21,669 $ 107,836 $ - $ 151,575.69 $ 253,606 $ 102,030 7 40% $ 25,543 $ 25,078 $ 124,801 $ - $ 175,421.31 $ 258,678 $ 83,256 8 30% $ 29,145 $ 28,614 $ 142,401 $ - $ 200,160.12 $ 263,851 $ 63,691 9 20% $ 32,881 $ 32,282 $ 160,655 $ - $ 225,818.31 $ 269,128 $ 43,310 10 10% $ 36,755 $ 36,085 $ 179,582 $ - $ 252,422.77 $ 274,511 $ 22,088 TOTAL $ 208,965 $ 205,157 $ 1,020,982 $ - $ 1,435,104 $ 2,515,133 $ 1,080,029 Year 0 1 2 3 4 5 Jobs Current/Actuals 0 Creation Goals 40 30 10 Total Employment Goals 40 30 10 Copyright Onondaga County Industry Development Agency, All Rights Reserved page123 page124 page125 page126 page127 page128 page129 page130 page131 page132 page133 page134 page135 page136 page137 page138 page139 page140 page141 page142 page143 page144 page145 page146 page147 page148 page149 page150 Year 0 1 2 3 4 5 Jobs Current/Actuals 0 Creation Goals 40 30 10 Total Employment Goals 40 30 10 Copyright Onondaga County Industry Development Agency, All Rights Reserved page123 page124 page125 page126 page127 page128 page129 page130 page131 page132 page133 page134 page135 page136 page137 page138 page139 page140 page141 page142 page143 page144 page145 page146 page147 page148 page149 page150