October 2022 — revd-10-6-22-OCIDA-Board-Packet.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 October 6, 2022 8:00 AM Call to Order the Audit Committee 8:10 AM Call to Order the Finance Committee 8:15 AM Call to Order the Meeting of the Agency 1. Approval of Minutes September 13, 2022 Regular Meeting & October 3, 2022 Special Meeting 2. Treasurer’s Report 3. Payment of Bills 4. Conflict of Interest 1. CVE US EI 4 Manlius North, LLC (3101-21-16A) Modification Meeting 2 CVE US EI 4 Manlius North, LLC is proposing to modify its originally approved project and is now proposing to construct a 1.5 MW, 13.7-acre solar array on a 38.785-acre parcel of land in the Town of Manlius. The applicant is requesting additional exemptions from certain sales and use taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board authorizing the additional financial assistance the agency will provide (and confirming the prior authorization of financial assistance). Agency benefits requested include exemptions from certain sales and use taxes and mortgage recording taxes. Representative: Carson Weinand, Senior Business Developer, CVE Group 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 October 6, 2022 8:00 AM Call to Order the Audit Committee 8:10 AM Call to Order the Finance Committee 8:15 AM Call to Order the Meeting of the Agency 1. Approval of Minutes September 13, 2022 Regular Meeting & October 3, 2022 Special Meeting 2. Treasurer’s Report 3. Payment of Bills 4. Conflict of Interest 1. CVE US EI 4 Manlius North, LLC (3101-21-16A) Modification Meeting 2 CVE US EI 4 Manlius North, LLC is proposing to modify its originally approved project and is now proposing to construct a 1.5 MW, 13.7-acre solar array on a 38.785-acre parcel of land in the Town of Manlius. The applicant is requesting additional exemptions from certain sales and use taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board authorizing the additional financial assistance the agency will provide (and confirming the prior authorization of financial assistance). Agency benefits requested include exemptions from certain sales and use taxes and mortgage recording taxes. Representative: Carson Weinand, Senior Business Developer, CVE Group 2. CVE US EI 5 Manlius East, LLC ((3101-21-17B) Modification Meeting 2 CVE US EI 5 Manlius East, LLC is proposing to modify its originally approved project and is now proposing to construct a 5MW, 36.7-acre solar array on a 68.278 -acre parcel of land in the Town of Manlius. The applicant is requesting exemptions from certain sales and use taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board authorizing the additional financial assistance the agency will provide (and confirming the prior authorization of financial assistance). Agency benefits requested include exemptions from certain sales and use taxes and mortgage recording taxes. Representative: Carson Weinand, Senior Business Developer, CVE Group 3. CVE US EI6 Manlius West, LLC (3101-21-18C) Modification Meeting 2 CVE US EI 6 Manlius West, LLC is proposing to modify its originally approved project and is now proposing to construct a 5MW, 40.7-acre solar array on a 75- acre parcel of land in the Town of Manlius. The applicant is requesting exemptions from certain sales and use taxes and mortgage recording taxes. 2. CVE US EI 5 Manlius East, LLC ((3101-21-17B) Modification Meeting 2 CVE US EI 5 Manlius East, LLC is proposing to modify its originally approved project and is now proposing to construct a 5MW, 36.7-acre solar array on a 68.278 -acre parcel of land in the Town of Manlius. The applicant is requesting exemptions from certain sales and use taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board authorizing the additional financial assistance the agency will provide (and confirming the prior authorization of financial assistance). Agency benefits requested include exemptions from certain sales and use taxes and mortgage recording taxes. Representative: Carson Weinand, Senior Business Developer, CVE Group 3. CVE US EI6 Manlius West, LLC (3101-21-18C) Modification Meeting 2 CVE US EI 6 Manlius West, LLC is proposing to modify its originally approved project and is now proposing to construct a 5MW, 40.7-acre solar array on a 75- acre parcel of land in the Town of Manlius. The applicant is requesting exemptions from certain sales and use taxes and mortgage recording taxes. Agency Action Requested: a. A resolution of the Board authorizing the additional financial assistance the agency will provide (and confirming the prior authorization of financial assistance). Agency benefits requested include exemptions from certain sales and use taxes and mortgage recording taxes. Representative: Carson Weinand, Senior Business Developer, CVE Group 4. Cryomech, Inc. (3101-22-08A) Initial 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 authorizing a public hearing. Representative: Parminder Banga, Engineering Manager, Cryomech Agency Action Requested: a. A resolution of the Board authorizing the additional financial assistance the agency will provide (and confirming the prior authorization of financial assistance). Agency benefits requested include exemptions from certain sales and use taxes and mortgage recording taxes. Representative: Carson Weinand, Senior Business Developer, CVE Group 4. Cryomech, Inc. (3101-22-08A) Initial 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 authorizing a public hearing. Representative: Parminder Banga, Engineering Manager, Cryomech 5. Hinsdale Road Group, LLC (3101-14-02B) (Hotel @ T5 LLC parcel) Modification Meeting Hinsdale Road Group, LLC / Hotel @ T5 LLC is requesting the Board to consent to the sale of Hotel @ T5 LLC’s interest in the project facility. Agency Action Requested: a. A resolution of the Board approving the assignment of the right, title and interest in a Project Facility by Hotel @ T5 LLC to tenants-in-common Eastern Shore Retirement Associates Limited Partnership, Shorewash of Annapolis LLC, CHJ New York, LLC and Camillus Ventures I LLC (and consent to the related master lease to Camillus Ventures MT LLC). Representative: Bruce C. Armistead, Armistead, Lee, Rust & Wright, P.A.; Anthony J. D’Elia, Lynn D’Elia Temes & Stanczyk LLC; Suhail Partawi, Hill Hospital 2 6. Review of Agency Budget for 2023 Agency Action Requested: a. Approval of the Agency 2023 Budget Representative: Nate Stevens, Treasurer, OCIDA Adjourn 3 DRAFT Onondaga County Industrial Development Agency Regular Meeting Minutes September 13, 2022 5. Hinsdale Road Group, LLC (3101-14-02B) (Hotel @ T5 LLC parcel) Modification Meeting Hinsdale Road Group, LLC / Hotel @ T5 LLC is requesting the Board to consent to the sale of Hotel @ T5 LLC’s interest in the project facility. Agency Action Requested: a. A resolution of the Board approving the assignment of the right, title and interest in a Project Facility by Hotel @ T5 LLC to tenants-in-common Eastern Shore Retirement Associates Limited Partnership, Shorewash of Annapolis LLC, CHJ New York, LLC and Camillus Ventures I LLC (and consent to the related master lease to Camillus Ventures MT LLC). Representative: Bruce C. Armistead, Armistead, Lee, Rust & Wright, P.A.; Anthony J. D’Elia, Lynn D’Elia Temes & Stanczyk LLC; Suhail Partawi, Hill Hospital 2 6. Review of Agency Budget for 2023 Agency Action Requested: a. Approval of the Agency 2023 Budget Representative: Nate Stevens, Treasurer, OCIDA Adjourn 3 DRAFT Onondaga County Industrial Development Agency Regular Meeting Minutes September 13, 2022 A regular meeting of the Onondaga County Industrial Development Agency was held on Tuesday, September 13, 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 8:04 am with the following: PRESENT: Patrick Hogan Janice Herzog Victor Ianno Susan Stanczyk Kevin Ryan ABSENT: Steve Morgan Fanny Villarreal 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 Doug Sutherland, Camillus Mills Redevelopment Company, Inc. Christopher Andreucci, Harris Beach, PLLC Kevin McAuliffe, Barclay Damon, PLLC Norm Swanson, 1046 Old Seneca Turnpike Thomas Fernandez, 1046 Old Seneca Turnpike Sarah Stephens, SS Funding Sources Carson Weinand, CVE Group Joshua Sabo, CVE Group Kevin Pole, Bond Schoeneck & King, PLLC Andy Breuer, District East Ryan Benz, District East Steve Case, District East Chris Bianchi, Syracuse School District APPROVAL OF REGULAR MEETING MINUTES – AUGUST 18, 2022 Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved the regular meeting minutes of August 18, 2022. Fanny Villarreal abstained. Motion was carried. TREASURER’S REPORT A regular meeting of the Onondaga County Industrial Development Agency was held on Tuesday, September 13, 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 8:04 am with the following: PRESENT: Patrick Hogan Janice Herzog Victor Ianno Susan Stanczyk Kevin Ryan ABSENT: Steve Morgan Fanny Villarreal 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 Doug Sutherland, Camillus Mills Redevelopment Company, Inc. Christopher Andreucci, Harris Beach, PLLC Kevin McAuliffe, Barclay Damon, PLLC Norm Swanson, 1046 Old Seneca Turnpike Thomas Fernandez, 1046 Old Seneca Turnpike Sarah Stephens, SS Funding Sources Carson Weinand, CVE Group Joshua Sabo, CVE Group Kevin Pole, Bond Schoeneck & King, PLLC Andy Breuer, District East Ryan Benz, District East Steve Case, District East Chris Bianchi, Syracuse School District APPROVAL OF REGULAR MEETING MINUTES – AUGUST 18, 2022 Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved the regular meeting minutes of August 18, 2022. Fanny Villarreal abstained. Motion was carried. TREASURER’S REPORT Nate Stevens gave a brief review of the Treasurer’s Report for the month of August 2022. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved the Treasurer’s Report for the month of August 2022. Motion was carried. Nate Stevens gave a brief review of the Treasurer’s Report for the month of August 2022. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved the Treasurer’s Report for the month of August 2022. Motion was carried. PAYMENT OF BILLS Nate Stevens gave a brief review of the Payment of Bills Schedule #473 Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board approved the Payment of Bills Schedule #473 for $36,129.11. Motion was carried. PAYMENT OF BILLS Nate Stevens gave a brief review of the Payment of Bills Schedule #473 Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board approved the Payment of Bills Schedule #473 for $36,129.11. Motion was carried. CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts reported. CAMILLUS MILLS REDEVELOPMENT COMPANY, INC./CAMILLUS MILLS PHSE II, LLC (3101-21-08A) MODIFICATION MEETING Doug Sutherland stated the Phase 2 project was before the Board about 18 months. He stated they were working with an approximately 60,000 sq. ft. project with a budget that worked well. He stated they started the project but over the past 12 months construction costs have spiked and the project cost went up about $3,000,000 which is more than they could make sense of. He stated they are before the Board today with a 45,000 sq. ft project. He stated the construction costs are nearly identical for a project a quarter smaller. He stated they are about $175,000 under what they are looking to spend for 15,000 sq. ft. less. He stated they made a couple of adjustments on the project one being they reduced the residential count from 58 units to 46 units and removed the commercial square footage. He stated at this point the commercial market is extremely soft and it didn’t make sense. He stated it is a great looking project just a bit smaller square footage. He stated it is being built on the site of the old Camillus Cutlery factory that burned in a fire in 2013. He stated it is built to somewhat resemble the project as it looked in the 2 CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts reported. CAMILLUS MILLS REDEVELOPMENT COMPANY, INC./CAMILLUS MILLS PHSE II, LLC (3101-21-08A) MODIFICATION MEETING Doug Sutherland stated the Phase 2 project was before the Board about 18 months. He stated they were working with an approximately 60,000 sq. ft. project with a budget that worked well. He stated they started the project but over the past 12 months construction costs have spiked and the project cost went up about $3,000,000 which is more than they could make sense of. He stated they are before the Board today with a 45,000 sq. ft project. He stated the construction costs are nearly identical for a project a quarter smaller. He stated they are about $175,000 under what they are looking to spend for 15,000 sq. ft. less. He stated they made a couple of adjustments on the project one being they reduced the residential count from 58 units to 46 units and removed the commercial square footage. He stated at this point the commercial market is extremely soft and it didn’t make sense. He stated it is a great looking project just a bit smaller square footage. He stated it is being built on the site of the old Camillus Cutlery factory that burned in a fire in 2013. He stated it is built to somewhat resemble the project as it looked in the 2 1940’s and it fills in a missing tooth in the middle of town. He stated they have done well with the first phase and hope to do a 3rd phase in addition to this. He stated the basic architectural bulk that used to be there will be returned. He stated the project is on a challenging site and it’s on a NYS Brownfield site. He stated about 90% of it is in the 9 Mile Creek flood plain so the drawings show an open basement level exposed on its eastern side that will allow in the case of flooding conditions for water to go through without touching any of the habitable space above. Pat Hogan asked if this is the 2nd phase. Doug Sutherland stated yes and there is a 3rd phase that will be further north on the site. 1940’s and it fills in a missing tooth in the middle of town. He stated they have done well with the first phase and hope to do a 3rd phase in addition to this. He stated the basic architectural bulk that used to be there will be returned. He stated the project is on a challenging site and it’s on a NYS Brownfield site. He stated about 90% of it is in the 9 Mile Creek flood plain so the drawings show an open basement level exposed on its eastern side that will allow in the case of flooding conditions for water to go through without touching any of the habitable space above. Pat Hogan asked if this is the 2nd phase. Doug Sutherland stated yes and there is a 3rd phase that will be further north on the site. Jeff Davis stated looked there are two resolutions before the Board. He stated this is a type I action under SEQR and the Village Board has been lead agency. He stated they relooked at the project again in its smaller footprint and reissued a SEQR negative declaration on July 28, 2022. He stated they did not send out the lead agency notification letter for a Type I action and had we received the letter we would have just consented to them being lead agency. He stated counsel has looked at the EAF that was prepared as well as the materials reviewed by the Village Board and they agree it is a Type I action. He stated in essence the Agency is adopting the SEQR determination by the Village Board in recognition of its lead agency status and the fact that the Agency would have consented. He stated the resolution is affirming, accepting and adopting the Negative Declaration issued by the Village Board. Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing the adoption of SEQRA determination for the Camillus Mills Redevelopment Company, Inc./Camillus Mills Phase II, LLC project. Motion was carried. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution consenting to modification of the Camillus Mills Redevelopment Company, Inc./ Camillus Mills Phase II, LLC project. Motion was carried. 1046 OLD SENECA TURNPIKE, INC. SECOND MEETING Jeff Davis stated looked there are two resolutions before the Board. He stated this is a type I action under SEQR and the Village Board has been lead agency. He stated they relooked at the project again in its smaller footprint and reissued a SEQR negative declaration on July 28, 2022. He stated they did not send out the lead agency notification letter for a Type I action and had we received the letter we would have just consented to them being lead agency. He stated counsel has looked at the EAF that was prepared as well as the materials reviewed by the Village Board and they agree it is a Type I action. He stated in essence the Agency is adopting the SEQR determination by the Village Board in recognition of its lead agency status and the fact that the Agency would have consented. He stated the resolution is affirming, accepting and adopting the Negative Declaration issued by the Village Board. Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing the adoption of SEQRA determination for the Camillus Mills Redevelopment Company, Inc./Camillus Mills Phase II, LLC project. Motion was carried. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution consenting to modification of the Camillus Mills Redevelopment Company, Inc./ Camillus Mills Phase II, LLC project. Motion was carried. 1046 OLD SENECA TURNPIKE, INC. SECOND MEETING Robert Petrovich stated Christopher Andruecci from Harris Beach is conflict counsel for the Agency. 3 Kevin McAuliffe stated he believes there is sufficient background for the Agency to act on what otherwise would be defined as a retail project under the GML which is the vast majority of the people coming to this facility are coming from well outside the region. He stated people having events like weddings and event venues have said they welcome 88 more rooms to the area so they can have more things there because there is a shortage. He stated that is of course on top of people that would be coming to the Finger Lakes region and staying in Skaneateles. Patrick Hogan stated some of the Board members are aware of this and the lack of places to stay in the areas of Central New York especially, in particular, this area. He stated Mr. Swanson has done some great things for the City of Syracuse and he is very supportive of this. Robert Petrovich stated Christopher Andruecci from Harris Beach is conflict counsel for the Agency. 3 Kevin McAuliffe stated he believes there is sufficient background for the Agency to act on what otherwise would be defined as a retail project under the GML which is the vast majority of the people coming to this facility are coming from well outside the region. He stated people having events like weddings and event venues have said they welcome 88 more rooms to the area so they can have more things there because there is a shortage. He stated that is of course on top of people that would be coming to the Finger Lakes region and staying in Skaneateles. Patrick Hogan stated some of the Board members are aware of this and the lack of places to stay in the areas of Central New York especially, in particular, this area. He stated Mr. Swanson has done some great things for the City of Syracuse and he is very supportive of this. Chris Andreucci stated the feasibility study submitted confirmed that the project itself will attract a number of visitors from outside of the region so it qualifies as a tourism destination under the GML. He stated in addition to that the feasibility study made it clear there is a lack of accessible units to stay so this project in and of itself will provide services that are not reasonably available to folks in the region. He stated the project qualifies on both prongs of the retail exemptions. Victor Ianno stated when projects want to build in Skaneateles they are worried about how it is going to infiltrate the lake and this is well positioned away from the lake. He stated it is a piece of property that would have never got used. He stated he thinks it is a great project. Nancy Lowery stated a public hearing was held. She stated Supervisor Aaron from the Town of Skaneateles was present and she voiced her support on behalf of the Board for this project. Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing adoption of SEQRA determination and authorizing the Agency to provide financial assistance in support of the 1046 Old Seneca Turnpike project in the form of an exemption from New York State sales and use taxes and a partial exemption from New York mortgage recording taxes. Motion was carried. SYRACUSE HAULERS WASTE REMOVAL, INC. (3101-22-05A) INITIAL MEETING Chris Andreucci stated the feasibility study submitted confirmed that the project itself will attract a number of visitors from outside of the region so it qualifies as a tourism destination under the GML. He stated in addition to that the feasibility study made it clear there is a lack of accessible units to stay so this project in and of itself will provide services that are not reasonably available to folks in the region. He stated the project qualifies on both prongs of the retail exemptions. Victor Ianno stated when projects want to build in Skaneateles they are worried about how it is going to infiltrate the lake and this is well positioned away from the lake. He stated it is a piece of property that would have never got used. He stated he thinks it is a great project. Nancy Lowery stated a public hearing was held. She stated Supervisor Aaron from the Town of Skaneateles was present and she voiced her support on behalf of the Board for this project. Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing adoption of SEQRA determination and authorizing the Agency to provide financial assistance in support of the 1046 Old Seneca Turnpike project in the form of an exemption from New York State sales and use taxes and a partial exemption from New York mortgage recording taxes. Motion was carried. SYRACUSE HAULERS WASTE REMOVAL, INC. (3101-22-05A) INITIAL MEETING Sarah Stevens stated Syracuse Haulers and Haulers Facility LLC are looking to add on and expand to their existing facility in DeWitt. She stated since Covid started the cost of materials 4 has escalated and increasing the cost of the construction of the facility. She stated there is a need for them to expand because their business has been expanding. She stated Covid also created some complications with labor shortages. She stated the project includes the purchase and acquisition of a baler. She stated one of things Syracuse Haulers prides themselves on is recycling most of their material. She stated when a construction project is Leed Certified there are certain specific regulations that need to be required in order for them to be Lead Certified. She stated Syracuse Haulers is a Leed Certified waste removal institution. She stated they have done over 25 projects being able to withhold about 84% of the materials from going to a traditional landfill. She stated investing in newer technology with this baler will help them continue that endeavor. She stated the owner is very committed to that. She stated at the moment he is looking into putting alternative energy into the building to try and offset the overall carbon footprint. She stated it is not included in the description yet because it hasn’t been vetted but it is something being looked at. She stated they are looking for assistance for the construction project which will add over the next 3 years 10 jobs. She stated they are requesting a PILOT, sales and use tax and mortgage recording exemption to help them in this endeavor. Sarah Stevens stated Syracuse Haulers and Haulers Facility LLC are looking to add on and expand to their existing facility in DeWitt. She stated since Covid started the cost of materials 4 has escalated and increasing the cost of the construction of the facility. She stated there is a need for them to expand because their business has been expanding. She stated Covid also created some complications with labor shortages. She stated the project includes the purchase and acquisition of a baler. She stated one of things Syracuse Haulers prides themselves on is recycling most of their material. She stated when a construction project is Leed Certified there are certain specific regulations that need to be required in order for them to be Lead Certified. She stated Syracuse Haulers is a Leed Certified waste removal institution. She stated they have done over 25 projects being able to withhold about 84% of the materials from going to a traditional landfill. She stated investing in newer technology with this baler will help them continue that endeavor. She stated the owner is very committed to that. She stated at the moment he is looking into putting alternative energy into the building to try and offset the overall carbon footprint. She stated it is not included in the description yet because it hasn’t been vetted but it is something being looked at. She stated they are looking for assistance for the construction project which will add over the next 3 years 10 jobs. She stated they are requesting a PILOT, sales and use tax and mortgage recording exemption to help them in this endeavor. Kevin Ryan asked if the facility is for Syracuse Haulers use only or open to third parties. Sarah Stephens stated it is just for Syracuse Haulers to utilize. Kevin Ryan asked if this is for construction debris and recycling or just garbage. Sarah Stephens stated both. Kevin Ryan asked how big it is in terms of the estimated capacity of the facility. Sarah Stephens stated that Rocco Grosso owns 3 parcels and the existing facility is on one of the parcels. She stated this is going to be constructed encroaching onto one of the 2nd parcels. She stated Syracuse Haulers is offset from the road on Thompson so aesthetically it is not going to be affected by street traffic. She stated one of the things the Town of DeWitt is requesting, due to their lot coverage, subdividing the 3 parcels. Kevin Ryan asked about the capacity of the materials being brought in once they expand and how big will it be at that point. Sarah Stevens stated she does not know. She stated she knows the existing facility they have now they don’t have enough capacity for additional materials. 5 Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing a public hearing for the Syracuse Haulers Waste Removal, Inc. project. Motion was carried. Kevin Ryan asked if the facility is for Syracuse Haulers use only or open to third parties. Sarah Stephens stated it is just for Syracuse Haulers to utilize. Kevin Ryan asked if this is for construction debris and recycling or just garbage. Sarah Stephens stated both. Kevin Ryan asked how big it is in terms of the estimated capacity of the facility. Sarah Stephens stated that Rocco Grosso owns 3 parcels and the existing facility is on one of the parcels. She stated this is going to be constructed encroaching onto one of the 2nd parcels. She stated Syracuse Haulers is offset from the road on Thompson so aesthetically it is not going to be affected by street traffic. She stated one of the things the Town of DeWitt is requesting, due to their lot coverage, subdividing the 3 parcels. Kevin Ryan asked about the capacity of the materials being brought in once they expand and how big will it be at that point. Sarah Stevens stated she does not know. She stated she knows the existing facility they have now they don’t have enough capacity for additional materials. 5 Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing a public hearing for the Syracuse Haulers Waste Removal, Inc. project. Motion was carried. CVE US EI 4 MANLIUS NORTH, LLC (3101-21-16A) MODIFICATION MEETING Carson Weinand stated before the Board are 3 co-located community solar farms in the Town of Manlius. He stated CVE EI4, CVE EI5 and CVE EI6 are all co-located and they are subdividing the 230 acre into separate lots for these projects. He stated they originally received sales tax and mortgage recording tax benefits from the Agency in January and since then construction costs have gone up 25%. He stated they are reapplying for benefits to get the project costs correct and they hope to start construction in next month or so. He stated it is a total of about 11.5 megawatts with 2 projects being 5 megawatts and the third project is 1.5 megawatts. He stated they are in process of purchasing the property. He stated once they purchase they will record the subdivision and close with the IDA. Pat Hogan asked if it is the same company but 3 different sites because of state regulations. Jeff Davis agreed. He stated the community solar designation has to be under 5 megawatts and that is why it is being done this way. He stated this was previously approved and these are modifications that require the IDA to come back and hold a public hearing. He stated a public hearing will be held on all 3 projects. He stated they will be back before the Board next month after the public hearing for consideration by the Board for the modification. CVE US EI 4 MANLIUS NORTH, LLC (3101-21-16A) MODIFICATION MEETING Carson Weinand stated before the Board are 3 co-located community solar farms in the Town of Manlius. He stated CVE EI4, CVE EI5 and CVE EI6 are all co-located and they are subdividing the 230 acre into separate lots for these projects. He stated they originally received sales tax and mortgage recording tax benefits from the Agency in January and since then construction costs have gone up 25%. He stated they are reapplying for benefits to get the project costs correct and they hope to start construction in next month or so. He stated it is a total of about 11.5 megawatts with 2 projects being 5 megawatts and the third project is 1.5 megawatts. He stated they are in process of purchasing the property. He stated once they purchase they will record the subdivision and close with the IDA. Pat Hogan asked if it is the same company but 3 different sites because of state regulations. Jeff Davis agreed. He stated the community solar designation has to be under 5 megawatts and that is why it is being done this way. He stated this was previously approved and these are modifications that require the IDA to come back and hold a public hearing. He stated a public hearing will be held on all 3 projects. He stated they will be back before the Board next month after the public hearing for consideration by the Board for the modification. Pat Hogan asked if the towns are comfortable with the changes and received all approvals. Nancy Lowery stated yes. Carson Weinand stated all town approvals are in place. Pat Hogan asked Carson Weinand if he is aware of the local labor provisions. Carson Weinand stated yes. He stated they are trying to be proactive and should be able to meet all the local labor requirements. He stated if there is any portion of the work that requires a waiver they will make sure it is documented and presented to the Agency. Robert Petrovich stated it is better to come in early in that regard as opposed late in the process. Carson Weinand stated the contractor, Green Smart Solar, is out of Rochester. He stated they talked with Nancy Lowery and discussed the policy and they are on board. Nancy Lowery stated 6 the contractor is aware of the requirements and what they need to provide in order to be considered for a waiver. Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing an additional public hearing for the CVE US EI4 Manlius North, LLC project. Motion was carried. Pat Hogan asked if the towns are comfortable with the changes and received all approvals. Nancy Lowery stated yes. Carson Weinand stated all town approvals are in place. Pat Hogan asked Carson Weinand if he is aware of the local labor provisions. Carson Weinand stated yes. He stated they are trying to be proactive and should be able to meet all the local labor requirements. He stated if there is any portion of the work that requires a waiver they will make sure it is documented and presented to the Agency. Robert Petrovich stated it is better to come in early in that regard as opposed late in the process. Carson Weinand stated the contractor, Green Smart Solar, is out of Rochester. He stated they talked with Nancy Lowery and discussed the policy and they are on board. Nancy Lowery stated 6 the contractor is aware of the requirements and what they need to provide in order to be considered for a waiver. Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing an additional public hearing for the CVE US EI4 Manlius North, LLC project. Motion was carried. CVE US EI 5 MANLIUS EAST, LLC (3101-21-16A) MODIFICATION MEETING Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing an additional public hearing for the CVE US EI5 Manlius East, LLC project. Motion was carried. CVE US EI 5 MANLIUS EAST, LLC (3101-21-16A) MODIFICATION MEETING Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing an additional public hearing for the CVE US EI5 Manlius East, LLC project. Motion was carried. CVE US EI 6 MANLIUS WEST, LLC (3101-21-18C) MODIFICATION MEETING Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing an additional public hearing for the CVE US EI6 Manlius West, LLC project. Motion was carried. ICM CONTROLS CORP. (3101-04-05B) MODIFICATION MEETING Jeff Davis stated this project goes back to 2004 and 2007 where the Agency issued bonds for ICM Controls Corp. project. He stated in 2009 a PILOT was entered into. He stated this past spring ICM requested to redeem the outstanding bonds and requested to enter into documentation so they can keep the PILOT in place for the remaining term of the PILOT which is about 4 years. He stated what is before the Board now is they are requesting to sell the real property to a 3rd party real estate holding company and ICM will remain in the facility as the tenant. He stated under the Agency’s lease agreement through the PILOT arrangement that was put in place requires the Agency to consent to any change like this. He stated there are no additional benefits being requested and is just consent to the resolution authorizing the Agency to effectuate transaction and complete the appropriate documents. 7 CVE US EI 6 MANLIUS WEST, LLC (3101-21-18C) MODIFICATION MEETING Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing an additional public hearing for the CVE US EI6 Manlius West, LLC project. Motion was carried. ICM CONTROLS CORP. (3101-04-05B) MODIFICATION MEETING Jeff Davis stated this project goes back to 2004 and 2007 where the Agency issued bonds for ICM Controls Corp. project. He stated in 2009 a PILOT was entered into. He stated this past spring ICM requested to redeem the outstanding bonds and requested to enter into documentation so they can keep the PILOT in place for the remaining term of the PILOT which is about 4 years. He stated what is before the Board now is they are requesting to sell the real property to a 3rd party real estate holding company and ICM will remain in the facility as the tenant. He stated under the Agency’s lease agreement through the PILOT arrangement that was put in place requires the Agency to consent to any change like this. He stated there are no additional benefits being requested and is just consent to the resolution authorizing the Agency to effectuate transaction and complete the appropriate documents. 7 Victor Ianno stated they are paying as they are supposed to, there are no problems and nothing is going to change. Jeff Davis agreed and stated the Agency and counsel will charge a nominal fee for this transaction. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved a resolution approving the assignment of certain rights, title and interest in a project facility by ICM Controls Corp. to William Barry Blvd North Syracuse NY LLC. Motion was carried. Victor Ianno stated they are paying as they are supposed to, there are no problems and nothing is going to change. Jeff Davis agreed and stated the Agency and counsel will charge a nominal fee for this transaction. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board approved a resolution approving the assignment of certain rights, title and interest in a project facility by ICM Controls Corp. to William Barry Blvd North Syracuse NY LLC. Motion was carried. DISTRICT EAST INITIAL MEETING Andy Breuer stated they are a few days in to the Agency review process of SEQR and September 18 is when the 30 day timeline is up. He stated hopefully they will soon be advancing the SEQR review to the IDA as lead agency. He stated the ask is to begin the discussion on the use of eminent domain. He stated they have two island parcels within the site, the former Macy’s owned by Benderson Corporation and Sear’s owned by a holding company called Transformco. He stated they have negotiated extensively with both entities. He stated they are going to provide the Board with history of all the communication with both entities so the Agency can weigh the outreach thus far. He stated ultimately they feel they are going to need the Agency to exercise their eminent domain authority to advance this project. He stated he doesn’t think they are much further along with either of the parcels and they are absolutely a necessity for the future of the project because the existing restrictive agreement says they cannot alter the mall. Patrick Hogan stated the Board can only consider the request today. DISTRICT EAST INITIAL MEETING Andy Breuer stated they are a few days in to the Agency review process of SEQR and September 18 is when the 30 day timeline is up. He stated hopefully they will soon be advancing the SEQR review to the IDA as lead agency. He stated the ask is to begin the discussion on the use of eminent domain. He stated they have two island parcels within the site, the former Macy’s owned by Benderson Corporation and Sear’s owned by a holding company called Transformco. He stated they have negotiated extensively with both entities. He stated they are going to provide the Board with history of all the communication with both entities so the Agency can weigh the outreach thus far. He stated ultimately they feel they are going to need the Agency to exercise their eminent domain authority to advance this project. He stated he doesn’t think they are much further along with either of the parcels and they are absolutely a necessity for the future of the project because the existing restrictive agreement says they cannot alter the mall. Patrick Hogan stated the Board can only consider the request today. Robert Petrovich stated staff and District East has been working extensively with both the applicants counsel and IDA counsel. He stated at this time he understands the desire to move forward with SEQR and it will be considered once the Agency status is determined on September 18. He stated the request is to acknowledge eminent domain and the thinks that needs to considered at a later time. Jeff Davis stated as the applicant laid out it is on the table and something the Agency may need to utilize as the project advances. He stated at the moment it is a request for this Board to consider and his recommendation would be that there be no action on that request at this 8 meeting. He stated what is laid out in the agenda is what the Board will discuss which is the process for proceeding with SEQR. Patrick Hogan stated he doesn’t think there should be discussion. He stated we have the request and he does not think it should be discussed publicly at this time because we don’t know what we have to do as far as the request goes. Jeff Davis stated if the Board has questions they can certainly ask questions. Victor Ianno asked if OCIDA will be the lead going into negotiations with eminent domain. He asked if the Agency is successful OHB Redev will buy it. Jeff Davis stated yes and this is how the process works. Robert Petrovich stated staff and District East has been working extensively with both the applicants counsel and IDA counsel. He stated at this time he understands the desire to move forward with SEQR and it will be considered once the Agency status is determined on September 18. He stated the request is to acknowledge eminent domain and the thinks that needs to considered at a later time. Jeff Davis stated as the applicant laid out it is on the table and something the Agency may need to utilize as the project advances. He stated at the moment it is a request for this Board to consider and his recommendation would be that there be no action on that request at this 8 meeting. He stated what is laid out in the agenda is what the Board will discuss which is the process for proceeding with SEQR. Patrick Hogan stated he doesn’t think there should be discussion. He stated we have the request and he does not think it should be discussed publicly at this time because we don’t know what we have to do as far as the request goes. Jeff Davis stated if the Board has questions they can certainly ask questions. Victor Ianno asked if OCIDA will be the lead going into negotiations with eminent domain. He asked if the Agency is successful OHB Redev will buy it. Jeff Davis stated yes and this is how the process works. Victor Ianno asked if OCIDA is at risk. Jeff Davis stated as part of this process and getting into the SEQR process the applicant has agreed to reimburse the Agency for all of its costs in performing SEQR and should eminent domain be utilized any amount from the eminent domain process. He stated the Agency is the only Agency that has the authority to proceed with eminent domain for economic development purposes so if the Board were to proceed down that road we would be the Agency taking that action and undertaking costs to do that. He stated at the end of the day the Agency would be doing that in support of the project so there would be a reimbursement to the Agency. Victor Ianno asked if any of the entities can come back at this Agency. Jeff Davis stated it is a litigation type process to utilize eminent domain so the Agency would be in front of the court and they have the ability to object. He stated it is a two prong process. He stated the first step is the process of taking title and the second step is the process of evaluating the land and the rights taken. He stated the first step is generally quicker and the second step is an evaluation process that can last a little bit longer. Victor Ianno asked if the evaluation is higher does OHB have to buy it for whatever the court determines. Jeff Davis stated they would have to agree to the evaluation and purchase the land and that is the risk. Victor Ianno asked if OCIDA is at risk. Jeff Davis stated as part of this process and getting into the SEQR process the applicant has agreed to reimburse the Agency for all of its costs in performing SEQR and should eminent domain be utilized any amount from the eminent domain process. He stated the Agency is the only Agency that has the authority to proceed with eminent domain for economic development purposes so if the Board were to proceed down that road we would be the Agency taking that action and undertaking costs to do that. He stated at the end of the day the Agency would be doing that in support of the project so there would be a reimbursement to the Agency. Victor Ianno asked if any of the entities can come back at this Agency. Jeff Davis stated it is a litigation type process to utilize eminent domain so the Agency would be in front of the court and they have the ability to object. He stated it is a two prong process. He stated the first step is the process of taking title and the second step is the process of evaluating the land and the rights taken. He stated the first step is generally quicker and the second step is an evaluation process that can last a little bit longer. Victor Ianno asked if the evaluation is higher does OHB have to buy it for whatever the court determines. Jeff Davis stated they would have to agree to the evaluation and purchase the land and that is the risk. Victor Ianno asked if the Agency is at risk or is it on OHB. Jeff Davis stated if the applicant was unwilling to purchase it at that price from the Agency then we would probably not proceed with 9 eminent domain. He stated there is an agreement in place that protects the Agency for the Agency costs and protects the Agency for litigation. Victor Ianno stated this is a great project but he is concerned about lawsuits. Jeff Davis stated that is why his recommendation is that the Board doesn’t consider a vote at this meeting based upon the request because it is something the Board members need to review. Kevin Ryan asked who owns the properties that would be the defendants in this eminent domain action. Ryan Benz stated Benderson and Transformco. Victor Ianno asked if the Agency is at risk or is it on OHB. Jeff Davis stated if the applicant was unwilling to purchase it at that price from the Agency then we would probably not proceed with 9 eminent domain. He stated there is an agreement in place that protects the Agency for the Agency costs and protects the Agency for litigation. Victor Ianno stated this is a great project but he is concerned about lawsuits. Jeff Davis stated that is why his recommendation is that the Board doesn’t consider a vote at this meeting based upon the request because it is something the Board members need to review. Kevin Ryan asked who owns the properties that would be the defendants in this eminent domain action. Ryan Benz stated Benderson and Transformco. OCIDA BOARD SEQRA WORKING GROUP FOR DISTRICT EAST Robert Petrovich stated consistent with past practice and supportive of moving the SEQR review for the old Shoppingtown Mall on behalf of the applicant, District East, we should put together a working group from this Board to work through the SEQR issues with counsel and review documents provided by the applicant under the SEQR requirements. He stated he would suggest to constitute a group in support of that to hold workshop sessions not unlike what the Agency did with the Amazon project. He stated his recommendation would be having the same group involved used on the Amazon project because they are familiar with the process of what needs to happen in that regard. He stated group consisted of Chairman Patrick Hogan, Susan Stanczyk and Janice Herzog. Robert Petrovich asked if we need to codify that in some way. Jeff Davis stated discussion in the minutes is appropriate and no formal resolution is needed. He stated of all the parties agree then a working group will be established as well as with other involved agencies. Patrick Hogan, Susan Stanczyk and Janice Herzog all agreed to be on the working group. OCIDA BOARD SEQRA WORKING GROUP FOR DISTRICT EAST Robert Petrovich stated consistent with past practice and supportive of moving the SEQR review for the old Shoppingtown Mall on behalf of the applicant, District East, we should put together a working group from this Board to work through the SEQR issues with counsel and review documents provided by the applicant under the SEQR requirements. He stated he would suggest to constitute a group in support of that to hold workshop sessions not unlike what the Agency did with the Amazon project. He stated his recommendation would be having the same group involved used on the Amazon project because they are familiar with the process of what needs to happen in that regard. He stated group consisted of Chairman Patrick Hogan, Susan Stanczyk and Janice Herzog. Robert Petrovich asked if we need to codify that in some way. Jeff Davis stated discussion in the minutes is appropriate and no formal resolution is needed. He stated of all the parties agree then a working group will be established as well as with other involved agencies. Patrick Hogan, Susan Stanczyk and Janice Herzog all agreed to be on the working group. RAMBOLL SUPPLEMENTAL AUTHORIZATION Robert Petrovich stated Ramboll has been working with us since almost the beginning providing technical support on the advancement of the White Pine Commerce Park for development and hopefully landing a project in the semiconductor advanced manufacturing space. He stated we 10 have some additional engineering work that needs to be completed and he thinks it would be prudent to increase their contract authorization by $50,000 to accomplish that going forward. Susan Stanczyk asked what the original contract amount was. Robert Petrovich stated he believes the original was $80,000 but there was a subsequent authorization of $35,000 and this will be another $50,000 so total would be $165,000 Kevin Ryan asked if staff anticipates more beyond this for additional supplementation. Robert Petrovich stated it is hard to say. He stated there are folks interested in this site and they are in that space. He stated they are always asking for additional information on site related issues and having Ramboll available to facilitate the answers to some of these questions is prudent. Upon a motion by Susan Stanczyk, seconded by Kevin Ryan, the OCIDA Board approved a resolution authorizing $50,000 of additional funds to Ramboll for continued engineering support at White Pine. Motion was carried. RAMBOLL SUPPLEMENTAL AUTHORIZATION Robert Petrovich stated Ramboll has been working with us since almost the beginning providing technical support on the advancement of the White Pine Commerce Park for development and hopefully landing a project in the semiconductor advanced manufacturing space. He stated we 10 have some additional engineering work that needs to be completed and he thinks it would be prudent to increase their contract authorization by $50,000 to accomplish that going forward. Susan Stanczyk asked what the original contract amount was. Robert Petrovich stated he believes the original was $80,000 but there was a subsequent authorization of $35,000 and this will be another $50,000 so total would be $165,000 Kevin Ryan asked if staff anticipates more beyond this for additional supplementation. Robert Petrovich stated it is hard to say. He stated there are folks interested in this site and they are in that space. He stated they are always asking for additional information on site related issues and having Ramboll available to facilitate the answers to some of these questions is prudent. Upon a motion by Susan Stanczyk, seconded by Kevin Ryan, the OCIDA Board approved a resolution authorizing $50,000 of additional funds to Ramboll for continued engineering support at White Pine. Motion was carried. EXECUTIVE SESSION Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board went into executive session at 8:44 am to discuss the acquisition of real property. Motion was carried. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board adjourned executive session at 9:08 am. Motion was carried. EXECUTIVE SESSION Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board went into executive session at 8:44 am to discuss the acquisition of real property. Motion was carried. Upon a motion by Victor Ianno, seconded by Janice Herzog, the OCIDA Board adjourned executive session at 9:08 am. Motion was carried. PURCHASE CONTRACT EXECUTION Jeff Davis stated based upon the actions of executive session it is his recommendation that the Board consider and counsel will prepare resolutions to authorize a settlement of litigation claim and notice of claim that was filed against the Agency. He stated the action of the underlying litigation was previously reviewed under SEQR and there is no change to the SEQR determination based upon entering into a settlement provision. He stated there will be one resolution before the board. He stated the resolution is the Board authorizing the Executive 11 Director to enter into a settlement agreement of anticipated litigation with regard to a piece of property currently under contract. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the Executive Director to enter into a settlement agreement of anticipated litigation. Motion was carried. Jeff Davis stated it would be his recommendation that the Board also consider a resolution of the Board authorizing the Executive Director to enter into settlement discussions for an increase in a contract amount. Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing the Executive Director to enter into settlement discussions for an increase in a contract amount. Motion was carried. PURCHASE CONTRACT EXECUTION Jeff Davis stated based upon the actions of executive session it is his recommendation that the Board consider and counsel will prepare resolutions to authorize a settlement of litigation claim and notice of claim that was filed against the Agency. He stated the action of the underlying litigation was previously reviewed under SEQR and there is no change to the SEQR determination based upon entering into a settlement provision. He stated there will be one resolution before the board. He stated the resolution is the Board authorizing the Executive 11 Director to enter into a settlement agreement of anticipated litigation with regard to a piece of property currently under contract. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the Executive Director to enter into a settlement agreement of anticipated litigation. Motion was carried. Jeff Davis stated it would be his recommendation that the Board also consider a resolution of the Board authorizing the Executive Director to enter into settlement discussions for an increase in a contract amount. Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing the Executive Director to enter into settlement discussions for an increase in a contract amount. Motion was carried. ADJOURN Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board adjourned the meeting at 9:11 am. Motion was carried. _________________________________ Nancy Lowery, Secretary 12 Onondaga County Industrial Development Agency Special Meeting Minutes October 3 2022 A Special meeting of the Onondaga County Industrial Development Agency was held on Monday, October 3, 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 4:00 pm 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 Jeff Davis, Barclay Damon Law Firm Len Rauch, Office of Economic Development ADJOURN Upon a motion by Victor Ianno, seconded by Susan Stanczyk, the OCIDA Board adjourned the meeting at 9:11 am. Motion was carried. _________________________________ Nancy Lowery, Secretary 12 Onondaga County Industrial Development Agency Special Meeting Minutes October 3 2022 A Special meeting of the Onondaga County Industrial Development Agency was held on Monday, October 3, 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 4:00 pm 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 Jeff Davis, Barclay Damon Law Firm Len Rauch, Office of Economic Development EXECUTIVE SESSION Jeff Davis stated he would like to take a motion by the Board to go into Executive Session under the New York Public Office’s Law Section 105 for the purpose of discussing a potential purchase and sale contract. Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board went into Executive Session at 4:02 pm to discuss the acquisition of real property. Motion was carried. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board adjourned Executive Session at 4:13 pm. Motion was carried. EXECUTIVE SESSION Jeff Davis stated he would like to take a motion by the Board to go into Executive Session under the New York Public Office’s Law Section 105 for the purpose of discussing a potential purchase and sale contract. Upon a motion by Susan Stanczyk, seconded by Victor Ianno, the OCIDA Board went into Executive Session at 4:02 pm to discuss the acquisition of real property. Motion was carried. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board adjourned Executive Session at 4:13 pm. Motion was carried. PURCHASE CONTRACTS EXECUTION Jeff Davis stated before the Board is a SEQR resolution and authorization resolution for the purchase of land. He stated regarding the SEQR resolution similar to other purchases within the White Pine Commerce Park was subject to a Generic Environmental Impact Statement and then the Board undertook the process to study expansion of the park which expansion already included the subject property. He stated they completed that review under SEQR through a draft Supplemental Generic Environmental Impact Statement, a Final Supplemental Generic Environmental Impact Statement and ultimately a Findings Statement that was completed in 2001. He stated before the Board for SEQR purposes is the project which is the acquisition of these lands including the acquisition of the subject property and such acquisition was included in the Agency SEQR review of the project including the evaluation of relevant impacts, facts and conclusions associated with the expansion of the Commerce Park, the draft Supplemental GEIS, the Final Supplemental GEIS and the Findings Statement adopted by the Agency evaluated the relevant impacts, facts and conclusions associated with the acquisition of additional acreage including the subject property to accommodate the expansion of the park. He stated this Agency determined that the project, from all reasonable alternatives, is one which minimizes or avoids adverse environmental effects to the maximum extent practical and the acquisition of the property will be carried out in accordance with the condition and thresholds established in the Final Supplemental Generic Environmental Impact Statement and the Findings Statement thus avoiding, minimizing or mitigating as reasonably practical adverse environmental impacts. PURCHASE CONTRACTS EXECUTION Jeff Davis stated before the Board is a SEQR resolution and authorization resolution for the purchase of land. He stated regarding the SEQR resolution similar to other purchases within the White Pine Commerce Park was subject to a Generic Environmental Impact Statement and then the Board undertook the process to study expansion of the park which expansion already included the subject property. He stated they completed that review under SEQR through a draft Supplemental Generic Environmental Impact Statement, a Final Supplemental Generic Environmental Impact Statement and ultimately a Findings Statement that was completed in 2001. He stated before the Board for SEQR purposes is the project which is the acquisition of these lands including the acquisition of the subject property and such acquisition was included in the Agency SEQR review of the project including the evaluation of relevant impacts, facts and conclusions associated with the expansion of the Commerce Park, the draft Supplemental GEIS, the Final Supplemental GEIS and the Findings Statement adopted by the Agency evaluated the relevant impacts, facts and conclusions associated with the acquisition of additional acreage including the subject property to accommodate the expansion of the park. He stated this Agency determined that the project, from all reasonable alternatives, is one which minimizes or avoids adverse environmental effects to the maximum extent practical and the acquisition of the property will be carried out in accordance with the condition and thresholds established in the Final Supplemental Generic Environmental Impact Statement and the Findings Statement thus avoiding, minimizing or mitigating as reasonably practical adverse environmental impacts. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the adoption of SEQRA determination. Motion was carried. Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing the Executive Director to enter into purchase contracts and any related documents with respect to parcels of property. Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the adoption of SEQRA determination. Motion was carried. Upon a motion by Janice Herzog, seconded by Victor Ianno, the OCIDA Board approved a resolution authorizing the Executive Director to enter into purchase contracts and any related documents with respect to parcels of property. ADJOURN Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board adjourned the meeting at 4:16 pm. Motion was carried. _________________________________ Nancy Lowery, Secretary 2 ADJOURN Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board adjourned the meeting at 4:16 pm. Motion was carried. _________________________________ Nancy Lowery, Secretary 2 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY 333 WASHINGTON STREET, SUITE 130, SYRACUSE, NY 13202 PHONE: 315.435.3770 • FAX: 315.435.3669 September 30, 2022 2022 Budget Current YTD Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating Revenue 111,894 2,262,225 1,444,000 818,225 Operating Expense 61,747 448,907 800,000 (351,093) Program Expense 113,229 971,128 644,000 327,128 Net Ordinary Income (63,082) 842,191 - 842,191 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY 333 WASHINGTON STREET, SUITE 130, SYRACUSE, NY 13202 PHONE: 315.435.3770 • FAX: 315.435.3669 September 30, 2022 2022 Budget Current YTD Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating Revenue 111,894 2,262,225 1,444,000 818,225 Operating Expense 61,747 448,907 800,000 (351,093) Program Expense 113,229 971,128 644,000 327,128 Net Ordinary Income (63,082) 842,191 - 842,191 Current Assets Current YTD Prior YTD Total Cash 6,565,940 5,178,465 Less Pass Through Received 2,494,286 2,420,941 Available Cash 4,071,654 3,047,733 Receivables (less pass through rec.) 256,848 157,968 Grant Reimbursements - - Total 4,328,502 3,205,701 Receivables 0-120 days 256,848 > 120 days - Total 256,848 Onondaga County Industrial Development Agency Profit and Loss September 2022 Current Assets Current YTD Prior YTD Total Cash 6,565,940 5,178,465 Less Pass Through Received 2,494,286 2,420,941 Available Cash 4,071,654 3,047,733 Receivables (less pass through rec.) 256,848 157,968 Grant Reimbursements - - Total 4,328,502 3,205,701 Receivables 0-120 days 256,848 > 120 days - Total 256,848 Onondaga County Industrial Development Agency Profit and Loss September 2022 TOTAL Income 500 Operating Revenue 2116 Fees 2116.1 Agency Fees 108,893.00 2116.2 Application Fees 2,000.00 Total 2116 Fees 110,893.00 2410 Lease Income 750.00 Total 500 Operating Revenue 111,643.00 501 Non-Operating Revenue 2401 Interest Income 210.96 501.2 Other Non-Operating Revenue 40.00 Total 501 Non-Operating Revenue 250.96 534 Pilot & Pass Thru Revenue 529 PILOT Income 1,456,861.93 Total 534 Pilot & Pass Thru Revenue 1,456,861.93 Total Income $1,568,755.89 GROSS PROFIT $1,568,755.89 Expenses 6400 Operating Expense 6406 Other Professional Services 6406.50 Consulting Services 2,500.00 Total 6406 Other Professional Services 2,500.00 6407 Administrative Expense 61,747.21 6408 Meeting Expenses 493.35 6409 Conference Attendence 2,259.70 6410 Office Expense 2,131.25 6411 Memberships / Sponsorships 1,060.00 Total 6400 Operating Expense 70,191.51 6500 Agency Program Expenses 6510 White Pine Commerce Park 6510.2 Site Analysis 31,357.50 6510.5 Insurance 3,721.18 6510.6 Taxes/SDC 69,705.70 Total 6510 White Pine Commerce Park 104,784.38 Total 6500 Agency Program Expenses 104,784.38 TOTAL Income 500 Operating Revenue 2116 Fees 2116.1 Agency Fees 108,893.00 2116.2 Application Fees 2,000.00 Total 2116 Fees 110,893.00 2410 Lease Income 750.00 Total 500 Operating Revenue 111,643.00 501 Non-Operating Revenue 2401 Interest Income 210.96 501.2 Other Non-Operating Revenue 40.00 Total 501 Non-Operating Revenue 250.96 534 Pilot & Pass Thru Revenue 529 PILOT Income 1,456,861.93 Total 534 Pilot & Pass Thru Revenue 1,456,861.93 Total Income $1,568,755.89 GROSS PROFIT $1,568,755.89 Expenses 6400 Operating Expense 6406 Other Professional Services 6406.50 Consulting Services 2,500.00 Total 6406 Other Professional Services 2,500.00 6407 Administrative Expense 61,747.21 6408 Meeting Expenses 493.35 6409 Conference Attendence 2,259.70 6410 Office Expense 2,131.25 6411 Memberships / Sponsorships 1,060.00 Total 6400 Operating Expense 70,191.51 6500 Agency Program Expenses 6510 White Pine Commerce Park 6510.2 Site Analysis 31,357.50 6510.5 Insurance 3,721.18 6510.6 Taxes/SDC 69,705.70 Total 6510 White Pine Commerce Park 104,784.38 Total 6500 Agency Program Expenses 104,784.38 Accrual Basis Thursday, October 6, 2022 12:50 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss September 2022 TOTAL 6600 Non-Operating Expenses 6605 Pilot & Pass Thru Expenses 6605.2 PILOT Expense 1,456,861.93 Total 6605 Pilot & Pass Thru Expenses 1,456,861.93 Total 6600 Non-Operating Expenses 1,456,861.93 Total Expenses $1,631,837.82 NET OPERATING INCOME $ -63,081.93 NET INCOME $ -63,081.93 Accrual Basis Thursday, October 6, 2022 12:50 PM GMT-04:00 2/2 Accrual Basis Thursday, October 6, 2022 12:50 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss September 2022 TOTAL 6600 Non-Operating Expenses 6605 Pilot & Pass Thru Expenses 6605.2 PILOT Expense 1,456,861.93 Total 6605 Pilot & Pass Thru Expenses 1,456,861.93 Total 6600 Non-Operating Expenses 1,456,861.93 Total Expenses $1,631,837.82 NET OPERATING INCOME $ -63,081.93 NET INCOME $ -63,081.93 Accrual Basis Thursday, October 6, 2022 12:50 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of September 30, 2022 TOTAL ASSETS Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 5,684,307.98 200.2 Cash - M & T Money Maker Savings 890,540.33 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 6,565,940.49 Total Bank Accounts $6,565,940.49 Accounts Receivable 380 Accounts Rec. 380.6 A/R Fees, Lease & PILOT 256,848.00 Total 380 Accounts Rec. 256,848.00 Total Accounts Receivable $256,848.00 Total Current Assets $6,822,788.49 Fixed Assets 100 Land 101 White Pines Commerce Park 17,402,537.32 101.1 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 1,163,231.71 101.6 WPCP Marketing 1,264.20 Total 101 White Pines Commerce Park 19,210,546.05 106 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 Onondaga County Industrial Development Agency Balance Sheet As of September 30, 2022 TOTAL ASSETS Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 5,684,307.98 200.2 Cash - M & T Money Maker Savings 890,540.33 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 6,565,940.49 Total Bank Accounts $6,565,940.49 Accounts Receivable 380 Accounts Rec. 380.6 A/R Fees, Lease & PILOT 256,848.00 Total 380 Accounts Rec. 256,848.00 Total Accounts Receivable $256,848.00 Total Current Assets $6,822,788.49 Fixed Assets 100 Land 101 White Pines Commerce Park 17,402,537.32 101.1 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 1,163,231.71 101.6 WPCP Marketing 1,264.20 Total 101 White Pines Commerce Park 19,210,546.05 106 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 Accrual Basis Thursday, October 6, 2022 12:46 PM GMT-04:00 1/3 Onondaga County Industrial Development Agency Balance Sheet As of September 30, 2022 TOTAL Total 100 Land 20,466,891.55 104 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 $26,551,819.55 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $33,376,249.80 Accrual Basis Thursday, October 6, 2022 12:46 PM GMT-04:00 1/3 Onondaga County Industrial Development Agency Balance Sheet As of September 30, 2022 TOTAL Total 100 Land 20,466,891.55 104 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 $26,551,819.55 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $33,376,249.80 LIABILITIES AND EQUITY Liabilities Current Liabilities Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 448,906.40 600.102 Due to BD WPCP 42,216.66 600.204 OHB Redev LLC Funds 400,000.00 600.205 Exp Pay Prev Period 133.14 600.206 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 17,659,596.04 600.31 Accrued Interest - OC Note Payable 2,129.00 Total 600.3 Onondaga County Loan 17,661,725.04 Total 600 Accounts Payable 18,578,573.58 601 PILOT and Pass Thru Payable 602 Pass Thru Payable -525,000.00 603 PILOT Pass Thru 3,019,286.39 604 Other Pass Thrus -0.30 Total 601 PILOT and Pass Thru Payable 2,494,286.09 631 Due to Other Governments 631.3 Schools 631.356 Syracuse 0.01 Total 631.3 Schools 0.01 631.5 City of Syracuse 0.01 LIABILITIES AND EQUITY Liabilities Current Liabilities Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 448,906.40 600.102 Due to BD WPCP 42,216.66 600.204 OHB Redev LLC Funds 400,000.00 600.205 Exp Pay Prev Period 133.14 600.206 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 17,659,596.04 600.31 Accrued Interest - OC Note Payable 2,129.00 Total 600.3 Onondaga County Loan 17,661,725.04 Total 600 Accounts Payable 18,578,573.58 601 PILOT and Pass Thru Payable 602 Pass Thru Payable -525,000.00 603 PILOT Pass Thru 3,019,286.39 604 Other Pass Thrus -0.30 Total 601 PILOT and Pass Thru Payable 2,494,286.09 631 Due to Other Governments 631.3 Schools 631.356 Syracuse 0.01 Total 631.3 Schools 0.01 631.5 City of Syracuse 0.01 Accrual Basis Thursday, October 6, 2022 12:46 PM GMT-04:00 2/3 Onondaga County Industrial Development Agency Balance Sheet As of September 30, 2022 TOTAL Total 631 Due to Other Governments 0.02 Total Other Current Liabilities $21,072,859.69 Total Current Liabilities $21,072,859.69 Total Liabilities $21,072,859.69 Equity 3900 Equity Unreserved 8,742,531.91 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 585,595.31 465 Equity - Unreserved -212,766.31 Net Income 842,190.57 Total Equity $12,303,390.11 TOTAL LIABILITIES AND EQUITY $33,376,249.80 Accrual Basis Thursday, October 6, 2022 12:46 PM GMT-04:00 2/3 Onondaga County Industrial Development Agency Balance Sheet As of September 30, 2022 TOTAL Total 631 Due to Other Governments 0.02 Total Other Current Liabilities $21,072,859.69 Total Current Liabilities $21,072,859.69 Total Liabilities $21,072,859.69 Equity 3900 Equity Unreserved 8,742,531.91 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 585,595.31 465 Equity - Unreserved -212,766.31 Net Income 842,190.57 Total Equity $12,303,390.11 TOTAL LIABILITIES AND EQUITY $33,376,249.80 Accrual Basis Thursday, October 6, 2022 12:46 PM GMT-04:00 3/3 Accrual Basis Thursday, October 6, 2022 12:46 PM GMT-04:00 3/3 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #474 October 6, 2022 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #474 October 6, 2022 GENERAL EXPENSES 1. BRIAN R. HALL, RECEIVER OF TAXES* $ 69,705.70 WPCP School Taxes 2022-2023 2. ADVANCE MEDIA NEW YORK** $ 102.20 1046 Old Seneca Turnpike Public Hearing, Inv#0002913957 3. PARK STRATEGIES, LLC** $ 2,500.00 Monthly Consulting Services September 2022, Inv#16587067 4. BARCLAY DAMON LLP*** $ 653,379.10 Purchase of Land 5. BARCLAY DAMON LLP*** $ 533,552.35 Purchase of Land 6. BARCLAY DAMON LLP*** $ 244,646.55 Purchase of Land 7. BARCLAY DAMON LLP*** $ 1,683,639.57 Purchase of Land 8. MACNY**** $ 1,175.00 Inv#'s 44956, 45054, 11208 9. MACNY***** $ 80.00 Inv#45053 10. NATIONWIDE****** $ 1,878.49 Commercial Liability Insurance Premium, Policy #7J2551 11. ROBERT PETROVICH $ 197.97 Albany Meeting Mileage 1 Schedule #474 page 2 12. FEDEX $ 24.68 Inv#'s 7-865-60398, 7-873-57169, 7-894-34574 GENERAL EXPENSES 1. BRIAN R. HALL, RECEIVER OF TAXES* $ 69,705.70 WPCP School Taxes 2022-2023 2. ADVANCE MEDIA NEW YORK** $ 102.20 1046 Old Seneca Turnpike Public Hearing, Inv#0002913957 3. PARK STRATEGIES, LLC** $ 2,500.00 Monthly Consulting Services September 2022, Inv#16587067 4. BARCLAY DAMON LLP*** $ 653,379.10 Purchase of Land 5. BARCLAY DAMON LLP*** $ 533,552.35 Purchase of Land 6. BARCLAY DAMON LLP*** $ 244,646.55 Purchase of Land 7. BARCLAY DAMON LLP*** $ 1,683,639.57 Purchase of Land 8. MACNY**** $ 1,175.00 Inv#'s 44956, 45054, 11208 9. MACNY***** $ 80.00 Inv#45053 10. NATIONWIDE****** $ 1,878.49 Commercial Liability Insurance Premium, Policy #7J2551 11. ROBERT PETROVICH $ 197.97 Albany Meeting Mileage 1 Schedule #474 page 2 12. FEDEX $ 24.68 Inv#'s 7-865-60398, 7-873-57169, 7-894-34574 13. DUSTY'S OUTDOOR SERVICE $ 1,500.00 WPCP Mowing 14. LEONARD RAUCH $ 1,080.29 Meeting Reimbursement TOTAL $ 3,193,461.90 *Ratification of Check dated September 13, 2022 **Ratification of Checks dated September 15, 2022 ***Ratification of Checks dated September 16, 2022 ****Ratification of Check dated September 23, 2022 *****Ratification of Check dated September 26, 2022 ******Ratification of Checks dated September 30, 2022 2 13. DUSTY'S OUTDOOR SERVICE $ 1,500.00 WPCP Mowing 14. LEONARD RAUCH $ 1,080.29 Meeting Reimbursement TOTAL $ 3,193,461.90 *Ratification of Check dated September 13, 2022 **Ratification of Checks dated September 15, 2022 ***Ratification of Checks dated September 16, 2022 ****Ratification of Check dated September 23, 2022 *****Ratification of Check dated September 26, 2022 ******Ratification of Checks dated September 30, 2022 2 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILL - SCHEDULE #474 October 6, 2022 PILOT Payments 1. HINSDALE ROAD GROUP LLC* $ 525,000.00 2022 Infrastructure Payment 2. ONONDAGA COUNTY $ 138,561.81 COR Inner Harbor 3rd Q and Hinsdale Road 2022 PILOT Payments 3. CITY OF SYRACUSE $ 8,493.64 COR Inner Harbor 3rd Q 2022 PILOT Payment 4. WEST GENESEE CSD $ 559,575.90 Hinsdale Road 2022 PILOT Payment 5. CITY OF SYRACUSE CSD $ 14,547.90 COR Inner Harbor 3rd Q 2022 PILOT Payment 6. EAST SYRACUSE MINOA CSD $ 49,403.29 Bristol-Myers Squibb 2022 PILOT Payment 7. TOWN OF CAMILLUS $ 172,177.20 Hinsdale Road 2022 PILOT Payment 8. VILLAGE OF EAST SYRACUSE $ 21,572.64 Bristol-Myers Squibb 2022 PILOT Payment 9. BALDWINSVILLE CSD $ 1,529,954.00 Anheuser-Busch 2022 PILOT Payment TOTAL $ 3,019,286.38 *Ratification of Check dated September 19, 2022 1 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILL - SCHEDULE #474 October 6, 2022 PILOT Payments 1. HINSDALE ROAD GROUP LLC* $ 525,000.00 2022 Infrastructure Payment 2. ONONDAGA COUNTY $ 138,561.81 COR Inner Harbor 3rd Q and Hinsdale Road 2022 PILOT Payments 3. CITY OF SYRACUSE $ 8,493.64 COR Inner Harbor 3rd Q 2022 PILOT Payment 4. WEST GENESEE CSD $ 559,575.90 Hinsdale Road 2022 PILOT Payment 5. CITY OF SYRACUSE CSD $ 14,547.90 COR Inner Harbor 3rd Q 2022 PILOT Payment 6. EAST SYRACUSE MINOA CSD $ 49,403.29 Bristol-Myers Squibb 2022 PILOT Payment 7. TOWN OF CAMILLUS $ 172,177.20 Hinsdale Road 2022 PILOT Payment 8. VILLAGE OF EAST SYRACUSE $ 21,572.64 Bristol-Myers Squibb 2022 PILOT Payment 9. BALDWINSVILLE CSD $ 1,529,954.00 Anheuser-Busch 2022 PILOT Payment TOTAL $ 3,019,286.38 *Ratification of Check dated September 19, 2022 1 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR BENEFITS 1. 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. 2. 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. 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 4. 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. 5. 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. ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR BENEFITS 1. 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. 2. 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. 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 4. 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. 5. 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. 6. 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. 7. 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. 8. 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 9. This Application was adopted by the OCIDA Board on September 14, 2021. 6. 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. 7. 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. 8. 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 9. This Application was adopted by the OCIDA Board on September 14, 2021. Onondaga County Industrial Development Agency Page 1 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: _____________ 08/04/22 Onondaga County Industrial Development Agency Page 1 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: _____________ 08/04/22 A) Applicant/Project Operator information (company receiving benefits): Applicant/Project Operator: CVE US EI4 Manlius North, LLC Applicant/ Project Operator Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Fax: cvenorthamerica.com Website: E-mail: carson.weinand@cvegroup.com Federal ID#: 87-2982190 NAICS: State and Year of Incorporation/Organization: __________________________________________ New York, 2021 Owner (if different from Applicant/Project Owner): _____________________________________ CVE North America, Inc. Owner Address: 109 W 27th St, New York, NY 10001 Federal ID#: State and Year of Incorporation/Organization: List of stockholders, members, or partners of Owner: ________________________________________________________________________________ B) Individual Completing Application: Name: Carson Weinand Title: Senior Business Developer Address: 109 W 27th St, New York, NY 10001 Phone: 239-784-8080 Fax: E-mail: carson.weinand@cvegroup.com Onondaga County Industrial Development Agency Page 1 A) Applicant/Project Operator information (company receiving benefits): Applicant/Project Operator: CVE US EI4 Manlius North, LLC Applicant/ Project Operator Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Fax: cvenorthamerica.com Website: E-mail: carson.weinand@cvegroup.com Federal ID#: 87-2982190 NAICS: State and Year of Incorporation/Organization: __________________________________________ New York, 2021 Owner (if different from Applicant/Project Owner): _____________________________________ CVE North America, Inc. Owner Address: 109 W 27th St, New York, NY 10001 Federal ID#: State and Year of Incorporation/Organization: List of stockholders, members, or partners of Owner: ________________________________________________________________________________ B) Individual Completing Application: Name: Carson Weinand Title: Senior Business Developer Address: 109 W 27th St, New York, NY 10001 Phone: 239-784-8080 Fax: E-mail: carson.weinand@cvegroup.com Onondaga County Industrial Development Agency Page 1 C) Company Contact (if different from individual completing application): Name: Thibaut Delespaul Title: General Manager, CVE North America, Inc. Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Cell Phone: 917-750-5110 E-mail: thibaut.delespaul@cvegroup.com D) Company Counsel: Name of Attorney: Joshua Sabo, Esq. Firm Name: Couch White, LLP Address: 540 Broadway, Albany, NY 12201 Phone: 518-320-3443 Cell Phone: E-mail: jsabo@couchwhite.com E) Business Organization (check appropriate category): ☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify): Year Established: 2021 State in which Organization is established: New York F) List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership CVE NA Devco, LLC 100% Onondaga County Industrial Development Agency Page 2 G) Applicant Business Description: Please attach a description of your Company’s background, products, customers, goods and services. C) Company Contact (if different from individual completing application): Name: Thibaut Delespaul Title: General Manager, CVE North America, Inc. Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Cell Phone: 917-750-5110 E-mail: thibaut.delespaul@cvegroup.com D) Company Counsel: Name of Attorney: Joshua Sabo, Esq. Firm Name: Couch White, LLP Address: 540 Broadway, Albany, NY 12201 Phone: 518-320-3443 Cell Phone: E-mail: jsabo@couchwhite.com E) Business Organization (check appropriate category): ☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify): Year Established: 2021 State in which Organization is established: New York F) List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership CVE NA Devco, LLC 100% Onondaga County Industrial Development Agency Page 2 G) Applicant Business Description: Please attach a description of your Company’s background, products, customers, goods and services. Estimated % of sales within Onondaga County: ________________________________________ 50% Estimated % of sales outside Onondaga County but within New York State: 50% Estimated % of sales outside New York State but within the U.S.: Estimated % of sales outside the U.S.: (*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 Estimated % of sales within Onondaga County: ________________________________________ 50% Estimated % of sales outside Onondaga County but within New York State: 50% Estimated % of sales outside New York State but within the U.S.: Estimated % of sales outside the U.S.: (*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 Onondaga County Industrial Development Agency Page 3 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: 8107 East Seneca Turnpike (assigned by SOCPA; subdivided from No Number Duguid Rd) Legal Address (if different): City: Manlius Village/Town: Manlius Zip Code: 13104 School District: Fayetteville-Manlius Tax Map Parcel ID(s): 099.-01-03.0 (to be updated once subdivision is filed) Current Assessed Value: ________________ $251,000 (full parcel) Footage of Existing Building: _________________ 0 Census Tract: ___________________________________________________________________ B) Type (Check all that apply): Onondaga County Industrial Development Agency Page 3 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: 8107 East Seneca Turnpike (assigned by SOCPA; subdivided from No Number Duguid Rd) Legal Address (if different): City: Manlius Village/Town: Manlius Zip Code: 13104 School District: Fayetteville-Manlius Tax Map Parcel ID(s): 099.-01-03.0 (to be updated once subdivision is filed) Current Assessed Value: ________________ $251,000 (full parcel) Footage of Existing Building: _________________ 0 Census Tract: ___________________________________________________________________ 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: ☐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) the size of the Project in square feet and a breakdown of square footage per each intended use; ☐ (ii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iii) the current use of the site and the intended use of the site upon completion of the Project; Onondaga County Industrial Development Agency Page 4 ☐ (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; ☐ (v) please describe your method for site control (Own, lease, other). 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 ☐ (i) the size of the Project in square feet and a breakdown of square footage per each intended use; ☐ (ii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iii) the current use of the site and the intended use of the site upon completion of the Project; Onondaga County Industrial Development Agency Page 4 ☐ (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; ☐ (v) please describe your method for site control (Own, lease, other). 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. 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. 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. Onondaga County Industrial Development Agency Page 5 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? _______________________________________________________ SEQRA Neg Dec and Special Use Permit have been awarded. 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? ________________________________ 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 Onondaga County Industrial Development Agency Page 5 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? _______________________________________________________ SEQRA Neg Dec and Special Use Permit have been awarded. 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? ________________________________ 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 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 $500,000 Site Work/Demo $1,000,000 Building Construction & Renovation Furniture & Fixtures Equipment $2,000,000 Engineering/Architect $250,000 sFinancial Charges $400,000 Legal $100,000 Other $150,000 Management/Developer Fees $300,000 Total Project Cost $4,700,000 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 $ 4,700,000 Project refinancing: estimated amount (for refinancing of existing debt only) $ 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 $500,000 Site Work/Demo $1,000,000 Building Construction & Renovation Furniture & Fixtures Equipment $2,000,000 Engineering/Architect $250,000 sFinancial Charges $400,000 Legal $100,000 Other $150,000 Management/Developer Fees $300,000 Total Project Cost $4,700,000 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 $ 4,700,000 Project refinancing: estimated amount (for refinancing of existing debt only) $ Sources of Funds for Project Costs: 1. Bank Financing $ _______________ 4,230,000 2. Equity (excluding equity that is attributed to grants/tax credits) $ 470,000 3. Tax Exempt Bond Issuance (if applicable) $ _______________ 4. Taxable Bond Issuance (if applicable) $ Onondaga County Industrial Development Agency Page 7 5. Public Sources (Include sum total of all state and federal grants and tax credits) $ -Identify each state and federal grant/credit: $ $ $ 6. Total Sources of Funds for Project Costs $ _______________ 4,700,000 Sources of Funds for Project Costs: 1. Bank Financing $ _______________ 4,230,000 2. Equity (excluding equity that is attributed to grants/tax credits) $ 470,000 3. Tax Exempt Bond Issuance (if applicable) $ _______________ 4. Taxable Bond Issuance (if applicable) $ Onondaga County Industrial Development Agency Page 7 5. Public Sources (Include sum total of all state and federal grants and tax credits) $ -Identify each state and federal grant/credit: $ $ $ 6. Total Sources of Funds for Project Costs $ _______________ 4,700,000 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: 2. Complete the following: Estimate the number of FTE jobs to be retained as a result of this Project: 0 Estimate the number of construction jobs to be created by this Project: 40 Estimate the average length of construction jobs to be created (months): 5 months Current annual payroll at facility: Please list, if any, benefits that will be available to either full and/or part time employees: Average annual benefit paid by the company ($ or % salary) per FTE job: Amount or percent of wage employees pay for benefits: 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: Onondaga County Industrial Development Agency Page 8 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: 2. Complete the following: Estimate the number of FTE jobs to be retained as a result of this Project: 0 Estimate the number of construction jobs to be created by this Project: 40 Estimate the average length of construction jobs to be created (months): 5 months Current annual payroll at facility: Please list, if any, benefits that will be available to either full and/or part time employees: Average annual benefit paid by the company ($ or % salary) per FTE job: Amount or percent of wage employees pay for benefits: 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: Onondaga County Industrial Development Agency Page 8 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) 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 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): ☐ Mortgage Recording Tax Exemption (.75% of amount mortgaged): 31,725 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) 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 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): ☐ Mortgage Recording Tax Exemption (.75% of amount mortgaged): 31,725 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 188,000 (only 4% local applies) ☐ Tax Exempt Bond Financing (Amount Requested): ☐ Taxable Bond Financing (Amount Requested): Onondaga County Industrial Development Agency Page 9 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): $ 4,230,000 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 31,725 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: $ 4,700,000 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): $ 188,000 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 188,000 (only 4% local applies) ☐ Tax Exempt Bond Financing (Amount Requested): ☐ Taxable Bond Financing (Amount Requested): Onondaga County Industrial Development Agency Page 9 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): $ 4,230,000 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 31,725 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: $ 4,700,000 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): $ 188,000 Onondaga County Industrial Development Agency Page 10 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 10 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 Onondaga County Industrial Development Agency Page 11 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 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 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: ___________________________________________ A SUP of our proposed site plan and subdivision has been received from the Town of Manlius. 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: ___________________________________________ A SUP of our proposed site plan and subdivision has been received from the Town of Manlius. 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 BEST PRACTICES Onondaga County Industrial Development Agency Page 13 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: 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 BEST PRACTICES Onondaga County Industrial Development Agency Page 13 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. 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 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. 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 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 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 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 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 $1,000 Due at time of application L Legal Deposit $2,500 Due at time of application 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 amount Due at closing .. Fe Fee for expenses above $20 million .0 .00125 X of project cost or bond amount 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 N Non- refundable Application Fee $1,000 Due at time of application L Legal Deposit $2,500 Due at time of application 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 amount Due at closing .. Fe Fee for expenses above $20 million .0 .00125 X of project cost or bond amount 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 Section XII: Representations, Certifications, and Indemnification David Froelich (Name of CEO or other authorized representative of Applicant) confirms and says that he/she is the ____________________ Director of Business Development (title) of ____________________ CVE US EI4 Manlius North, LLC (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. Section XII: Representations, Certifications, and Indemnification David Froelich (Name of CEO or other authorized representative of Applicant) confirms and says that he/she is the ____________________ Director of Business Development (title) of ____________________ CVE US EI4 Manlius North, LLC (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. Onondaga County Industrial Development Agency Page 20 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 F. 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. G. 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. H. 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: F. 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. G. 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. H. 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 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. § 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 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. J. 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. K. 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. L. 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. Onondaga County Industrial Development Agency Page 21 M. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application. J. 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. K. 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. L. 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. Onondaga County Industrial Development Agency Page 21 M. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application. N. 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. N. 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 . August 6th, 2022 Onondaga County IDA 333 W. Washington St, Suite 130 Syracuse, NY 13202 RE: OCIDA Benefits Application - Section II, D: Description of Project Dear OCIDA, Please see the response from CVE US EI4 Manlius North, LLC regarding Section II, D: Description of Project of the OCIDA Application. x (i) the size of the Project in square feet and a breakdown of square footage per each intended use; - 13.7 acres, 1.5MWac x (ii) the size of the lot upon which the Project sits or is to be constructed; - 38.785 acres (per final subdivision map; to be subdivided from existing 230.854 acre parcel) x (iii) the current use of the site and the intended use of the site upon completion of the Project; - Current use of the site is an agricultural farm. The intended use of the site is solar renewable energy facility. x (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; - The generation of solar electricity. ☐ (v) please describe your method for site control (Own, lease, other). - Purchase and Sale Agreement. Sincerely, Carson Weinand Senior Business Developer Carson.weinand@cvegroup.com 239-784-8080 Onondaga County Industrial Development Agency Page 22 . August 6th, 2022 Onondaga County IDA 333 W. Washington St, Suite 130 Syracuse, NY 13202 RE: OCIDA Benefits Application - Section II, D: Description of Project Dear OCIDA, Please see the response from CVE US EI4 Manlius North, LLC regarding Section II, D: Description of Project of the OCIDA Application. x (i) the size of the Project in square feet and a breakdown of square footage per each intended use; - 13.7 acres, 1.5MWac x (ii) the size of the lot upon which the Project sits or is to be constructed; - 38.785 acres (per final subdivision map; to be subdivided from existing 230.854 acre parcel) x (iii) the current use of the site and the intended use of the site upon completion of the Project; - Current use of the site is an agricultural farm. The intended use of the site is solar renewable energy facility. x (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; - The generation of solar electricity. ☐ (v) please describe your method for site control (Own, lease, other). - Purchase and Sale Agreement. Sincerely, Carson Weinand Senior Business Developer Carson.weinand@cvegroup.com 239-784-8080 CVE North America, Inc. • 109 W. 27th Street • 8th Fl • • New York, NY 10001 • www.cvegroup.com/en Onondaga County Industrial Development Agency Project Summary DRAFT 9/1/2022 1. Project CVE USI5 Manlius East, LLC 2. Project Number 3101-21-17B 3. Location Manlius 4. School District Fayetteville-Manlius School District 6. Project Type Solar new contruction 5. Tax Parcel(s) 099.-01-03.0 0 CVE North America, Inc. • 109 W. 27th Street • 8th Fl • • New York, NY 10001 • www.cvegroup.com/en Onondaga County Industrial Development Agency Project Summary DRAFT 9/1/2022 1. Project CVE USI5 Manlius East, LLC 2. Project Number 3101-21-17B 3. Location Manlius 4. School District Fayetteville-Manlius School District 6. Project Type Solar new contruction 5. Tax Parcel(s) 099.-01-03.0 0 7.Total Project Cost $ 16,500,000 8. Total Jobs 0 Land $ 750,000 8A. Job Retention 0 Site Work $ 4,500,000 8B: Job Creation 0 Building $ (Next 5 Years) Furniture & Fixtures $ - Equipment $ Equipment Subject to NYS Production $ 5,500,000 Exemption Engineering/Architecture Fees $ 450,000 Financial Charges $ 1,200,000 Legal Fees $ 100,000 Other- Solar Installation Labor $ 3,000,000 Cost Benefit Analysis CVE USI5 Manlius East, LLC Project Description Fiscal Impact ($) Abatement Cost $ 771,375 7.Total Project Cost $ 16,500,000 8. Total Jobs 0 Land $ 750,000 8A. Job Retention 0 Site Work $ 4,500,000 8B: Job Creation 0 Building $ (Next 5 Years) Furniture & Fixtures $ - Equipment $ Equipment Subject to NYS Production $ 5,500,000 Exemption Engineering/Architecture Fees $ 450,000 Financial Charges $ 1,200,000 Legal Fees $ 100,000 Other- Solar Installation Labor $ 3,000,000 Cost Benefit Analysis CVE USI5 Manlius East, LLC Project Description Fiscal Impact ($) Abatement Cost $ 771,375 Sales Tax $ 660,000 Mortgage Tax $ 111,375 Property Tax Relief (PILOT) $ - New Investment $ 16,391,500 PILOT Payments $ - Project Wages (10 years) $ - Construction Wages $ 725,500 CVE USI5 Manlius West, LLC are proposing to construct a 5MW solar array on 36.7 acres of land in the Town of Manlius. Employee Benefits (10 years) $ - Project Capital Investment $ 15,500,000 Agency Fees $ 166,000 Benefit:Cost Ratio 21 :1 Copyright Onondaga County Industrial Development Agency, All Rights Revserved Sales Tax $ 660,000 Mortgage Tax $ 111,375 Property Tax Relief (PILOT) $ - New Investment $ 16,391,500 PILOT Payments $ - Project Wages (10 years) $ - Construction Wages $ 725,500 CVE USI5 Manlius West, LLC are proposing to construct a 5MW solar array on 36.7 acres of land in the Town of Manlius. Employee Benefits (10 years) $ - Project Capital Investment $ 15,500,000 Agency Fees $ 166,000 Benefit:Cost Ratio 21 :1 Copyright Onondaga County Industrial Development Agency, All Rights Revserved ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR BENEFITS 1. 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. 2. 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. 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 4. 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. 5. 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. ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR BENEFITS 1. 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. 2. 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. 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 4. 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. 5. 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. 6. 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. 7. 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. 8. 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 9. This Application was adopted by the OCIDA Board on September 14, 2021. 6. 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. 7. 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. 8. 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 9. This Application was adopted by the OCIDA Board on September 14, 2021. Onondaga County Industrial Development Agency Page 1 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: _____________ 08/06/22 Onondaga County Industrial Development Agency Page 1 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: _____________ 08/06/22 A) Applicant/Project Operator information (company receiving benefits): Applicant/Project Operator: CVE US EI5 Manlius East, LLC Applicant/ Project Operator Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Fax: cvenorthamerica.com Website: E-mail: carson.weinand@cvegroup.com Federal ID#: 87-3033538 NAICS: State and Year of Incorporation/Organization: __________________________________________ New York, 2021 Owner (if different from Applicant/Project Owner): _____________________________________ Owner Address: Federal ID#: State and Year of Incorporation/Organization: List of stockholders, members, or partners of Owner: ________________________________________________________________________________ B) Individual Completing Application: Name: Carson Weinand Title: Senior Business Developer Address: 109 W 27th St, New York, NY 10001 Phone: 239-784-8080 Fax: E-mail: carson.weinand@cvegroup.com Onondaga County Industrial Development Agency Page 1 A) Applicant/Project Operator information (company receiving benefits): Applicant/Project Operator: CVE US EI5 Manlius East, LLC Applicant/ Project Operator Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Fax: cvenorthamerica.com Website: E-mail: carson.weinand@cvegroup.com Federal ID#: 87-3033538 NAICS: State and Year of Incorporation/Organization: __________________________________________ New York, 2021 Owner (if different from Applicant/Project Owner): _____________________________________ Owner Address: Federal ID#: State and Year of Incorporation/Organization: List of stockholders, members, or partners of Owner: ________________________________________________________________________________ B) Individual Completing Application: Name: Carson Weinand Title: Senior Business Developer Address: 109 W 27th St, New York, NY 10001 Phone: 239-784-8080 Fax: E-mail: carson.weinand@cvegroup.com Onondaga County Industrial Development Agency Page 1 C) Company Contact (if different from individual completing application): Name: Thibaut Delespaul Title: General Manager, CVE North America, Inc. Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Cell Phone: 917-750-5110 E-mail: thibaut.delespaul@cvegroup.com D) Company Counsel: Name of Attorney: Joshua Sabo, Esq. Firm Name: Couch White, LLP Address: 540 Broadway, Albany, NY 12201 Phone: 518-320-3443 Cell Phone: E-mail: jsabo@couchwhite.com E) Business Organization (check appropriate category): ☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify): Year Established: 2021 State in which Organization is established: New York F) List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership CVE NA Devco, LLC 100% Onondaga County Industrial Development Agency Page 2 G) Applicant Business Description: Please attach a description of your Company’s background, products, customers, goods and services. C) Company Contact (if different from individual completing application): Name: Thibaut Delespaul Title: General Manager, CVE North America, Inc. Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Cell Phone: 917-750-5110 E-mail: thibaut.delespaul@cvegroup.com D) Company Counsel: Name of Attorney: Joshua Sabo, Esq. Firm Name: Couch White, LLP Address: 540 Broadway, Albany, NY 12201 Phone: 518-320-3443 Cell Phone: E-mail: jsabo@couchwhite.com E) Business Organization (check appropriate category): ☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify): Year Established: 2021 State in which Organization is established: New York F) List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership CVE NA Devco, LLC 100% Onondaga County Industrial Development Agency Page 2 G) Applicant Business Description: Please attach a description of your Company’s background, products, customers, goods and services. Estimated % of sales within Onondaga County: ________________________________________ 50% Estimated % of sales outside Onondaga County but within New York State: 50% Estimated % of sales outside New York State but within the U.S.: Estimated % of sales outside the U.S.: (*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 Estimated % of sales within Onondaga County: ________________________________________ 50% Estimated % of sales outside Onondaga County but within New York State: 50% Estimated % of sales outside New York State but within the U.S.: Estimated % of sales outside the U.S.: (*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 Onondaga County Industrial Development Agency Page 3 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: 8109 East Seneca Turnpike (assigned by SOCPA; subdivided from No Number Duguid Rd) Legal Address (if different): City: Manlius Village/Town: Manlius Zip Code: 13104 School District: Fayetteville-Manlius Tax Map Parcel ID(s): 099.-01-03.0 (to be updated once subdivision is filed) Current Assessed Value: ________________ $251,000 (full parcel) Footage of Existing Building: _________________ 0 Census Tract: ___________________________________________________________________ B) Type (Check all that apply): Onondaga County Industrial Development Agency Page 3 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: 8109 East Seneca Turnpike (assigned by SOCPA; subdivided from No Number Duguid Rd) Legal Address (if different): City: Manlius Village/Town: Manlius Zip Code: 13104 School District: Fayetteville-Manlius Tax Map Parcel ID(s): 099.-01-03.0 (to be updated once subdivision is filed) Current Assessed Value: ________________ $251,000 (full parcel) Footage of Existing Building: _________________ 0 Census Tract: ___________________________________________________________________ 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: ☐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) the size of the Project in square feet and a breakdown of square footage per each intended use; ☐ (ii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iii) the current use of the site and the intended use of the site upon completion of the Project; Onondaga County Industrial Development Agency Page 4 ☐ (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; ☐ (v) please describe your method for site control (Own, lease, other). 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 ☐ (i) the size of the Project in square feet and a breakdown of square footage per each intended use; ☐ (ii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iii) the current use of the site and the intended use of the site upon completion of the Project; Onondaga County Industrial Development Agency Page 4 ☐ (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; ☐ (v) please describe your method for site control (Own, lease, other). 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. 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. 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. Onondaga County Industrial Development Agency Page 5 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? _______________________________________________________ SEQRA Neg Dec and Special Use Permit have been awarded. 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? ________________________________ 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 Onondaga County Industrial Development Agency Page 5 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? _______________________________________________________ SEQRA Neg Dec and Special Use Permit have been awarded. 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? ________________________________ 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 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 750,000 Site Work/Demo 4,500,000 Building Construction & Renovation Furniture & Fixtures Equipment 5,500,000 Engineering/Architect 450,000 sFinancial Charges 1,200,000 Legal 100,000 Other 3,000,000 Management/Developer Fees 1,000,000 Total Project Cost 16,5000,000 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 $ 16,500,000 Project refinancing: estimated amount (for refinancing of existing debt only) $ 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 750,000 Site Work/Demo 4,500,000 Building Construction & Renovation Furniture & Fixtures Equipment 5,500,000 Engineering/Architect 450,000 sFinancial Charges 1,200,000 Legal 100,000 Other 3,000,000 Management/Developer Fees 1,000,000 Total Project Cost 16,5000,000 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 $ 16,500,000 Project refinancing: estimated amount (for refinancing of existing debt only) $ Sources of Funds for Project Costs: 1. Bank Financing $ _______________ 14,850,000 2. Equity (excluding equity that is attributed to grants/tax credits) $ 1,650,000 3. Tax Exempt Bond Issuance (if applicable) $ _______________ 4. Taxable Bond Issuance (if applicable) $ Onondaga County Industrial Development Agency Page 7 5. Public Sources (Include sum total of all state and federal grants and tax credits) $ -Identify each state and federal grant/credit: $ $ $ 6. Total Sources of Funds for Project Costs $ _______________ 16,500,000 Sources of Funds for Project Costs: 1. Bank Financing $ _______________ 14,850,000 2. Equity (excluding equity that is attributed to grants/tax credits) $ 1,650,000 3. Tax Exempt Bond Issuance (if applicable) $ _______________ 4. Taxable Bond Issuance (if applicable) $ Onondaga County Industrial Development Agency Page 7 5. Public Sources (Include sum total of all state and federal grants and tax credits) $ -Identify each state and federal grant/credit: $ $ $ 6. Total Sources of Funds for Project Costs $ _______________ 16,500,000 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: 2. Complete the following: Estimate the number of FTE jobs to be retained as a result of this Project: 0 Estimate the number of construction jobs to be created by this Project: 40 Estimate the average length of construction jobs to be created (months): 5 months Current annual payroll at facility: Please list, if any, benefits that will be available to either full and/or part time employees: Average annual benefit paid by the company ($ or % salary) per FTE job: Amount or percent of wage employees pay for benefits: 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: Onondaga County Industrial Development Agency Page 8 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: 2. Complete the following: Estimate the number of FTE jobs to be retained as a result of this Project: 0 Estimate the number of construction jobs to be created by this Project: 40 Estimate the average length of construction jobs to be created (months): 5 months Current annual payroll at facility: Please list, if any, benefits that will be available to either full and/or part time employees: Average annual benefit paid by the company ($ or % salary) per FTE job: Amount or percent of wage employees pay for benefits: 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: Onondaga County Industrial Development Agency Page 8 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) 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 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): ☐ Mortgage Recording Tax Exemption (.75% of amount mortgaged): 111,375 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) 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 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): ☐ Mortgage Recording Tax Exemption (.75% of amount mortgaged): 111,375 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 660,000 (only 4% local applies) ☐ Tax Exempt Bond Financing (Amount Requested): ☐ Taxable Bond Financing (Amount Requested): Onondaga County Industrial Development Agency Page 9 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): $ 14,850,000 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 111,375 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: $ 16,500,000 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): $ 660,000 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 660,000 (only 4% local applies) ☐ Tax Exempt Bond Financing (Amount Requested): ☐ Taxable Bond Financing (Amount Requested): Onondaga County Industrial Development Agency Page 9 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): $ 14,850,000 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 111,375 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: $ 16,500,000 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): $ 660,000 Onondaga County Industrial Development Agency Page 10 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 10 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 Onondaga County Industrial Development Agency Page 11 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 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 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: ___________________________________________ A SUP of our proposed site plan and subdivision has been received from the Town of Manlius. 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: ___________________________________________ A SUP of our proposed site plan and subdivision has been received from the Town of Manlius. 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 BEST PRACTICES Onondaga County Industrial Development Agency Page 13 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: 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 BEST PRACTICES Onondaga County Industrial Development Agency Page 13 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. 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 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. 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 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 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 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 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 $1,000 Due at time of application L Legal Deposit $2,500 Due at time of application 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 amount Due at closing .. Fe Fee for expenses above $20 million .0 .00125 X of project cost or bond amount 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 N Non- refundable Application Fee $1,000 Due at time of application L Legal Deposit $2,500 Due at time of application 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 amount Due at closing .. Fe Fee for expenses above $20 million .0 .00125 X of project cost or bond amount 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 Section XII: Representations, Certifications, and Indemnification David Froelich (Name of CEO or other authorized representative of Applicant) confirms and says that he/she is the ____________________ Director of Business Development (title) of ____________________ CVE US EI5 Manlius East, LLC (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. Section XII: Representations, Certifications, and Indemnification David Froelich (Name of CEO or other authorized representative of Applicant) confirms and says that he/she is the ____________________ Director of Business Development (title) of ____________________ CVE US EI5 Manlius East, LLC (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. Onondaga County Industrial Development Agency Page 20 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 F. 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. G. 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. H. 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: F. 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. G. 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. H. 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 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. § 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 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. J. 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. K. 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. L. 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. Onondaga County Industrial Development Agency Page 21 M. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application. J. 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. K. 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. L. 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. Onondaga County Industrial Development Agency Page 21 M. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application. N. 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. N. 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 . August 6th, 2022 Onondaga County IDA 333 W. Washington St, Suite 130 Syracuse, NY 13202 RE: OCIDA Benefits Application - Section II, D: Description of Project Dear OCIDA, Please see the response from CVE US EI5 Manlius East, LLC regarding Section II, D: Description of Project of the OCIDA Application. x (i) the size of the Project in square feet and a breakdown of square footage per each intended use; - 36.7 acres, 5.0 MWac x (ii) the size of the lot upon which the Project sits or is to be constructed; - 68.278 acres (per final subdivision map; to be subdivided from existing 230.854 acre parcel) x (iii) the current use of the site and the intended use of the site upon completion of the Project; - Current use of the site is an agricultural farm. The intended use of the site is solar renewable energy facility. x (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; - The generation of solar electricity. ☐ (v) please describe your method for site control (Own, lease, other). - Purchase and Sale Agreement. Sincerely, Carson Weinand Senior Business Developer Carson.weinand@cvegroup.com 239-784-8080 Onondaga County Industrial Development Agency Page 22 . August 6th, 2022 Onondaga County IDA 333 W. Washington St, Suite 130 Syracuse, NY 13202 RE: OCIDA Benefits Application - Section II, D: Description of Project Dear OCIDA, Please see the response from CVE US EI5 Manlius East, LLC regarding Section II, D: Description of Project of the OCIDA Application. x (i) the size of the Project in square feet and a breakdown of square footage per each intended use; - 36.7 acres, 5.0 MWac x (ii) the size of the lot upon which the Project sits or is to be constructed; - 68.278 acres (per final subdivision map; to be subdivided from existing 230.854 acre parcel) x (iii) the current use of the site and the intended use of the site upon completion of the Project; - Current use of the site is an agricultural farm. The intended use of the site is solar renewable energy facility. x (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; - The generation of solar electricity. ☐ (v) please describe your method for site control (Own, lease, other). - Purchase and Sale Agreement. Sincerely, Carson Weinand Senior Business Developer Carson.weinand@cvegroup.com 239-784-8080 CVE North America, Inc. • 109 W. 27th Street • 8th Fl • • New York, NY 10001 • www.cvegroup.com/en Onondaga County Industrial Development Agency Project Summary DRAFT 9/1/2022 1. Project CVE USI6 Manlius West, LLC 2. Project Number 3101-21-18C 3. Location Manlius 4. School District Fayetteville-Manlius School District 6. Project Type Solar new contruction 5. Tax Parcel(s) 099.-01-03.0 0 CVE North America, Inc. • 109 W. 27th Street • 8th Fl • • New York, NY 10001 • www.cvegroup.com/en Onondaga County Industrial Development Agency Project Summary DRAFT 9/1/2022 1. Project CVE USI6 Manlius West, LLC 2. Project Number 3101-21-18C 3. Location Manlius 4. School District Fayetteville-Manlius School District 6. Project Type Solar new contruction 5. Tax Parcel(s) 099.-01-03.0 0 7.Total Project Cost $ 14,725,000 8. Total Jobs 0 Land $ 750,000 8A. Job Retention 0 Site Work $ 4,500,000 8B: Job Creation 0 Building $ (Next 5 Years) Furniture & Fixtures $ - Equipment $ Equipment Subject to NYS Production $ 5,500,000 Exemption Engineering/Architecture Fees $ 450,000 Financial Charges $ 1,150,000 Legal Fees $ 100,000 Other- Solar Installation Labor $ 1,275,000 7.Total Project Cost $ 14,725,000 8. Total Jobs 0 Land $ 750,000 8A. Job Retention 0 Site Work $ 4,500,000 8B: Job Creation 0 Building $ (Next 5 Years) Furniture & Fixtures $ - Equipment $ Equipment Subject to NYS Production $ 5,500,000 Exemption Engineering/Architecture Fees $ 450,000 Financial Charges $ 1,150,000 Legal Fees $ 100,000 Other- Solar Installation Labor $ 1,275,000 Cost Benefit Analysis CVE USI6 Manlius West, LLC Project Description Fiscal Impact ($) Abatement Cost $ 688,394 Sales Tax $ 589,000 Mortgage Tax $ 99,394 CVE USI6 Manlius West, LLC are proposing to construct a 5MW solar array on 40.7 acres of land in the Town of Property Tax Relief (PILOT) $ - Manlius. New Investment $ 14,598,750 PILOT Payments $ - Project Wages (10 years) $ - Construction Wages $ 725,500 Employee Benefits (10 years) $ - Project Capital Investment $ 13,725,000 Agency Fees $ 148,250 Cost Benefit Analysis CVE USI6 Manlius West, LLC Project Description Fiscal Impact ($) Abatement Cost $ 688,394 Sales Tax $ 589,000 Mortgage Tax $ 99,394 CVE USI6 Manlius West, LLC are proposing to construct a 5MW solar array on 40.7 acres of land in the Town of Property Tax Relief (PILOT) $ - Manlius. New Investment $ 14,598,750 PILOT Payments $ - Project Wages (10 years) $ - Construction Wages $ 725,500 Employee Benefits (10 years) $ - Project Capital Investment $ 13,725,000 Agency Fees $ 148,250 Benefit:Cost Ratio 21 :1 Copyright Onondaga County Industrial Development Agency, All Rights Reserved Benefit:Cost Ratio 21 :1 Copyright Onondaga County Industrial Development Agency, All Rights Reserved ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR BENEFITS 1. 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. 2. 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. 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 4. 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. 5. 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. ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR BENEFITS 1. 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. 2. 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. 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 4. 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. 5. 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. 6. 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. 7. 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. 8. 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 9. This Application was adopted by the OCIDA Board on September 14, 2021. 6. 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. 7. 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. 8. 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 9. This Application was adopted by the OCIDA Board on September 14, 2021. Onondaga County Industrial Development Agency Page 1 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: _____________ 08/06/22 Onondaga County Industrial Development Agency Page 1 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: _____________ 08/06/22 A) Applicant/Project Operator information (company receiving benefits): Applicant/Project Operator: CVE US EI6 Manlius West, LLC Applicant/ Project Operator Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Fax: cvenorthamerica.com Website: E-mail: carson.weinand@cvegroup.com Federal ID#: 87-3187796 NAICS: State and Year of Incorporation/Organization: __________________________________________ New York, 2021 Owner (if different from Applicant/Project Owner): _____________________________________ Owner Address: Federal ID#: State and Year of Incorporation/Organization: List of stockholders, members, or partners of Owner: ________________________________________________________________________________ B) Individual Completing Application: Name: Carson Weinand Title: Senior Business Developer Address: 109 W 27th St, New York, NY 10001 Phone: 239-784-8080 Fax: E-mail: carson.weinand@cvegroup.com Onondaga County Industrial Development Agency Page 1 A) Applicant/Project Operator information (company receiving benefits): Applicant/Project Operator: CVE US EI6 Manlius West, LLC Applicant/ Project Operator Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Fax: cvenorthamerica.com Website: E-mail: carson.weinand@cvegroup.com Federal ID#: 87-3187796 NAICS: State and Year of Incorporation/Organization: __________________________________________ New York, 2021 Owner (if different from Applicant/Project Owner): _____________________________________ Owner Address: Federal ID#: State and Year of Incorporation/Organization: List of stockholders, members, or partners of Owner: ________________________________________________________________________________ B) Individual Completing Application: Name: Carson Weinand Title: Senior Business Developer Address: 109 W 27th St, New York, NY 10001 Phone: 239-784-8080 Fax: E-mail: carson.weinand@cvegroup.com Onondaga County Industrial Development Agency Page 1 C) Company Contact (if different from individual completing application): Name: Thibaut Delespaul Title: General Manager, CVE North America, Inc. Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Cell Phone: 917-750-5110 E-mail: thibaut.delespaul@cvegroup.com D) Company Counsel: Name of Attorney: Joshua Sabo, Esq. Firm Name: Couch White, LLP Address: 540 Broadway, Albany, NY 12201 Phone: 518-320-3443 Cell Phone: E-mail: jsabo@couchwhite.com E) Business Organization (check appropriate category): ☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify): Year Established: 2021 State in which Organization is established: New York F) List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership CVE NA Devco, LLC 100% Onondaga County Industrial Development Agency Page 2 G) Applicant Business Description: Please attach a description of your Company’s background, products, customers, goods and services. C) Company Contact (if different from individual completing application): Name: Thibaut Delespaul Title: General Manager, CVE North America, Inc. Address: 109 W 27th St, New York, NY 10001 Phone: 914-847-0043 Cell Phone: 917-750-5110 E-mail: thibaut.delespaul@cvegroup.com D) Company Counsel: Name of Attorney: Joshua Sabo, Esq. Firm Name: Couch White, LLP Address: 540 Broadway, Albany, NY 12201 Phone: 518-320-3443 Cell Phone: E-mail: jsabo@couchwhite.com E) Business Organization (check appropriate category): ☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify): Year Established: 2021 State in which Organization is established: New York F) List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership CVE NA Devco, LLC 100% Onondaga County Industrial Development Agency Page 2 G) Applicant Business Description: Please attach a description of your Company’s background, products, customers, goods and services. Estimated % of sales within Onondaga County: ________________________________________ 50% Estimated % of sales outside Onondaga County but within New York State: 50% Estimated % of sales outside New York State but within the U.S.: Estimated % of sales outside the U.S.: (*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 Estimated % of sales within Onondaga County: ________________________________________ 50% Estimated % of sales outside Onondaga County but within New York State: 50% Estimated % of sales outside New York State but within the U.S.: Estimated % of sales outside the U.S.: (*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 Onondaga County Industrial Development Agency Page 3 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: 8105 East Seneca Turnpike (assigned by SOCPA; subdivided from No Number Duguid Rd) Legal Address (if different): City: Manlius Village/Town: Manlius Zip Code: 13104 School District: Fayetteville-Manlius Tax Map Parcel ID(s): 099.-01-03.0 (to be updated once subdivision is filed) Current Assessed Value: ________________ $251,000 (full parcel) Footage of Existing Building: _________________ 0 Census Tract: ___________________________________________________________________ B) Type (Check all that apply): Onondaga County Industrial Development Agency Page 3 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: 8105 East Seneca Turnpike (assigned by SOCPA; subdivided from No Number Duguid Rd) Legal Address (if different): City: Manlius Village/Town: Manlius Zip Code: 13104 School District: Fayetteville-Manlius Tax Map Parcel ID(s): 099.-01-03.0 (to be updated once subdivision is filed) Current Assessed Value: ________________ $251,000 (full parcel) Footage of Existing Building: _________________ 0 Census Tract: ___________________________________________________________________ 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: ☐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) the size of the Project in square feet and a breakdown of square footage per each intended use; ☐ (ii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iii) the current use of the site and the intended use of the site upon completion of the Project; Onondaga County Industrial Development Agency Page 4 ☐ (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; ☐ (v) please describe your method for site control (Own, lease, other). 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 ☐ (i) the size of the Project in square feet and a breakdown of square footage per each intended use; ☐ (ii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iii) the current use of the site and the intended use of the site upon completion of the Project; Onondaga County Industrial Development Agency Page 4 ☐ (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; ☐ (v) please describe your method for site control (Own, lease, other). 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. 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. 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. Onondaga County Industrial Development Agency Page 5 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? _______________________________________________________ SEQRA Neg Dec and Special Use Permit have been awarded. 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? ________________________________ 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 Onondaga County Industrial Development Agency Page 5 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? _______________________________________________________ SEQRA Neg Dec and Special Use Permit have been awarded. 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? ________________________________ 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 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 750,000 Site Work/Demo 4,500,000 Building Construction & Renovation Furniture & Fixtures Equipment 5,500,000 Engineering/Architect 450,000 sFinancial Charges 1,150,000 Legal 100,000 Other 1,275,000 Management/Developer Fees 1,000,000 Total Project Cost 14,725,000 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 $ 14,725,000 Project refinancing: estimated amount (for refinancing of existing debt only) $ 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 750,000 Site Work/Demo 4,500,000 Building Construction & Renovation Furniture & Fixtures Equipment 5,500,000 Engineering/Architect 450,000 sFinancial Charges 1,150,000 Legal 100,000 Other 1,275,000 Management/Developer Fees 1,000,000 Total Project Cost 14,725,000 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 $ 14,725,000 Project refinancing: estimated amount (for refinancing of existing debt only) $ Sources of Funds for Project Costs: 1. Bank Financing $ _______________ 13,252,500 2. Equity (excluding equity that is attributed to grants/tax credits) $ 1,472,500 3. Tax Exempt Bond Issuance (if applicable) $ _______________ 4. Taxable Bond Issuance (if applicable) $ Onondaga County Industrial Development Agency Page 7 5. Public Sources (Include sum total of all state and federal grants and tax credits) $ -Identify each state and federal grant/credit: $ $ $ 6. Total Sources of Funds for Project Costs $ _______________ 14,725,000 Sources of Funds for Project Costs: 1. Bank Financing $ _______________ 13,252,500 2. Equity (excluding equity that is attributed to grants/tax credits) $ 1,472,500 3. Tax Exempt Bond Issuance (if applicable) $ _______________ 4. Taxable Bond Issuance (if applicable) $ Onondaga County Industrial Development Agency Page 7 5. Public Sources (Include sum total of all state and federal grants and tax credits) $ -Identify each state and federal grant/credit: $ $ $ 6. Total Sources of Funds for Project Costs $ _______________ 14,725,000 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: 2. Complete the following: Estimate the number of FTE jobs to be retained as a result of this Project: 0 Estimate the number of construction jobs to be created by this Project: 40 Estimate the average length of construction jobs to be created (months): 5 months Current annual payroll at facility: Please list, if any, benefits that will be available to either full and/or part time employees: Average annual benefit paid by the company ($ or % salary) per FTE job: Amount or percent of wage employees pay for benefits: 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: Onondaga County Industrial Development Agency Page 8 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: 2. Complete the following: Estimate the number of FTE jobs to be retained as a result of this Project: 0 Estimate the number of construction jobs to be created by this Project: 40 Estimate the average length of construction jobs to be created (months): 5 months Current annual payroll at facility: Please list, if any, benefits that will be available to either full and/or part time employees: Average annual benefit paid by the company ($ or % salary) per FTE job: Amount or percent of wage employees pay for benefits: 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: Onondaga County Industrial Development Agency Page 8 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) 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 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): ☐ Mortgage Recording Tax Exemption (.75% of amount mortgaged): 99,394 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) 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 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): ☐ Mortgage Recording Tax Exemption (.75% of amount mortgaged): 99,394 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 589,000 (only 4% local applies) ☐ Tax Exempt Bond Financing (Amount Requested): ☐ Taxable Bond Financing (Amount Requested): Onondaga County Industrial Development Agency Page 9 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): $ 13,252,500 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 99,394 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: $ 14,725,000 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): $ 589,000 ☐ Sales and Use Tax Exemption (4% Local, 4% State): 589,000 (only 4% local applies) ☐ Tax Exempt Bond Financing (Amount Requested): ☐ Taxable Bond Financing (Amount Requested): Onondaga County Industrial Development Agency Page 9 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): $ 13,252,500 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ 99,394 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: $ 14,725,000 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): $ 589,000 Onondaga County Industrial Development Agency Page 10 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 10 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 Onondaga County Industrial Development Agency Page 11 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 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 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: ___________________________________________ A SUP of our proposed site plan and subdivision has been received from the Town of Manlius. 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: ___________________________________________ A SUP of our proposed site plan and subdivision has been received from the Town of Manlius. 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 BEST PRACTICES Onondaga County Industrial Development Agency Page 13 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: 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 BEST PRACTICES Onondaga County Industrial Development Agency Page 13 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. 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 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. 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 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 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 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 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 $1,000 Due at time of application L Legal Deposit $2,500 Due at time of application 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 amount Due at closing .. Fe Fee for expenses above $20 million .0 .00125 X of project cost or bond amount 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 N Non- refundable Application Fee $1,000 Due at time of application L Legal Deposit $2,500 Due at time of application 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 amount Due at closing .. Fe Fee for expenses above $20 million .0 .00125 X of project cost or bond amount 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 Section XII: Representations, Certifications, and Indemnification David Froelich (Name of CEO or other authorized representative of Applicant) confirms and says that he/she is the ____________________ Director of Business Development (title) of ____________________ CVE US EI6 Manlius West, LLC (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. Section XII: Representations, Certifications, and Indemnification David Froelich (Name of CEO or other authorized representative of Applicant) confirms and says that he/she is the ____________________ Director of Business Development (title) of ____________________ CVE US EI6 Manlius West, LLC (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. Onondaga County Industrial Development Agency Page 20 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 F. 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. G. 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. H. 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: F. 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. G. 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. H. 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 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. § 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 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. J. 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. K. 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. L. 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. Onondaga County Industrial Development Agency Page 21 M. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application. J. 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. K. 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. L. 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. Onondaga County Industrial Development Agency Page 21 M. The OCIDA has the right to request and inspect supporting documentation regarding attestations made on this application. N. 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. N. 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 . August 6th, 2022 Onondaga County IDA 333 W. Washington St, Suite 130 Syracuse, NY 13202 RE: OCIDA Benefits Application - Section II, D: Description of Project Dear OCIDA, Please see the response from CVE US EI6 Manlius West, LLC regarding Section II, D: Description of Project of the OCIDA Application. x (i) the size of the Project in square feet and a breakdown of square footage per each intended use; - 40.7 acres, 5.0 MWac x (ii) the size of the lot upon which the Project sits or is to be constructed; - 123.791 acres (per final subdivision; to be subdivided from existing 230.854 acre parcel) x (iii) the current use of the site and the intended use of the site upon completion of the Project; - Current use of the site is an agricultural farm. The intended use of the site is solar renewable energy facility. x (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; - The generation of solar electricity. ☐ (v) please describe your method for site control (Own, lease, other). - Purchase and Sale Agreement. Sincerely, Carson Weinand Senior Business Developer Carson.weinand@cvegroup.com 239-784-8080 Onondaga County Industrial Development Agency Page 22 . August 6th, 2022 Onondaga County IDA 333 W. Washington St, Suite 130 Syracuse, NY 13202 RE: OCIDA Benefits Application - Section II, D: Description of Project Dear OCIDA, Please see the response from CVE US EI6 Manlius West, LLC regarding Section II, D: Description of Project of the OCIDA Application. x (i) the size of the Project in square feet and a breakdown of square footage per each intended use; - 40.7 acres, 5.0 MWac x (ii) the size of the lot upon which the Project sits or is to be constructed; - 123.791 acres (per final subdivision; to be subdivided from existing 230.854 acre parcel) x (iii) the current use of the site and the intended use of the site upon completion of the Project; - Current use of the site is an agricultural farm. The intended use of the site is solar renewable energy facility. x (iv) the principal products to be produced and/or the principal activities that will occur on the Project site; - The generation of solar electricity. ☐ (v) please describe your method for site control (Own, lease, other). - Purchase and Sale Agreement. Sincerely, Carson Weinand Senior Business Developer Carson.weinand@cvegroup.com 239-784-8080 CVE North America, Inc. • 109 W. 27th Street • 8th Fl • • New York, NY 10001 • www.cvegroup.com/en Cryomech Expansion Project 10/4/2022 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 $ 1,283,254 CVE North America, Inc. • 109 W. 27th Street • 8th Fl • • New York, NY 10001 • www.cvegroup.com/en Cryomech Expansion Project 10/4/2022 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 $ 1,283,254 East Syracuse Full Tax Onondaga PILOT YEAR Exemption % DeWitt Minoa School Total PILOT Payment w/o Net Exemption County District PILOT East Syracuse Full Tax Onondaga PILOT YEAR Exemption % DeWitt Minoa School Total PILOT Payment w/o Net Exemption County District PILOT 1 100% $ 4,917.42 $ 4,630.61 $ 24,018.96 $ 33,566.99 $ 195,556.17 $ 161,989.18 2 90% $ 7,844.63 $ 7,441.80 $ 38,191.48 $ 53,477.91 $ 199,467.30 $ 145,989.39 3 80% $ 10,886.96 $ 10,363.58 $ 52,921.29 $ 74,171.83 $ 203,456.64 $ 129,284.81 4 70% $ 14,047.85 $ 13,399.26 $ 68,225.02 $ 95,672.12 $ 207,525.77 $ 111,853.65 5 60% $ 17,330.82 $ 16,552.22 $ 84,119.73 $ 118,002.76 $ 211,676.29 $ 93,673.53 6 50% $ 20,739.49 $ 19,825.93 $ 100,622.93 $ 141,188.35 $ 215,909.82 $ 74,721.46 7 40% $ 24,277.57 $ 23,223.98 $ 117,752.62 $ 165,254.17 $ 220,228.01 $ 54,973.85 8 30% $ 27,948.88 $ 26,750.01 $ 135,527.24 $ 190,226.14 $ 224,632.57 $ 34,406.43 9 20% $ 29,476.03 $ 28,283.23 $ 142,768.56 $ 200,527.83 $ 229,125.22 $ 28,597.39 10 10% $ 31,053.09 $ 29,867.08 $ 150,245.32 $ 211,165.50 $ 233,707.73 $ 22,542.23 TOTAL $ 188,523 $ 180,338 $ 914,393 $ 1,283,254 $ 2,141,286 $ 858,032 1 100% $ 4,917.42 $ 4,630.61 $ 24,018.96 $ 33,566.99 $ 195,556.17 $ 161,989.18 2 90% $ 7,844.63 $ 7,441.80 $ 38,191.48 $ 53,477.91 $ 199,467.30 $ 145,989.39 3 80% $ 10,886.96 $ 10,363.58 $ 52,921.29 $ 74,171.83 $ 203,456.64 $ 129,284.81 4 70% $ 14,047.85 $ 13,399.26 $ 68,225.02 $ 95,672.12 $ 207,525.77 $ 111,853.65 5 60% $ 17,330.82 $ 16,552.22 $ 84,119.73 $ 118,002.76 $ 211,676.29 $ 93,673.53 6 50% $ 20,739.49 $ 19,825.93 $ 100,622.93 $ 141,188.35 $ 215,909.82 $ 74,721.46 7 40% $ 24,277.57 $ 23,223.98 $ 117,752.62 $ 165,254.17 $ 220,228.01 $ 54,973.85 8 30% $ 27,948.88 $ 26,750.01 $ 135,527.24 $ 190,226.14 $ 224,632.57 $ 34,406.43 9 20% $ 29,476.03 $ 28,283.23 $ 142,768.56 $ 200,527.83 $ 229,125.22 $ 28,597.39 10 10% $ 31,053.09 $ 29,867.08 $ 150,245.32 $ 211,165.50 $ 233,707.73 $ 22,542.23 TOTAL $ 188,523 $ 180,338 $ 914,393 $ 1,283,254 $ 2,141,286 $ 858,032 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 January 2024 $ 2023 $16,486.36 33,566.99 Copyright Onondaga County Industry Development Agency, All Rights Reserved 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 January 2024 $ 2023 $16,486.36 33,566.99 Copyright Onondaga County Industry Development Agency, All Rights Reserved 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. 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. 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 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 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 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 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 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, 2014 List of stockholders, members, or partners of Owner: ________________________________________________________________________________ Employee owned through an Employee Stock Ownership Program (ESOP) 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 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, 2014 List of stockholders, members, or partners of Owner: ________________________________________________________________________________ Employee owned through an Employee Stock Ownership Program (ESOP) 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 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: Kevin Pole, 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: kpole@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: 2014 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 G) Applicant Business Description: Onondaga County Industrial Development Agency Page 1 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: Kevin Pole, 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: kpole@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: 2014 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 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 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 Onondaga County Industrial Development Agency Page 3 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 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: ________________ $11,361,300 Footage of Existing Building: _________________ 76,000 SF Census Tract: ___________________________________________________________________ 144 B) Type (Check all that apply): Onondaga County Industrial Development Agency Page 3 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 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: ________________ $11,361,300 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) 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: ☐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 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 ☐ 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 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. 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. 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. 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 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. 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 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 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 Onondaga County Industrial Development Agency Page 6 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 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 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 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 Onondaga County Industrial Development Agency Page 8 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 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: 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 ☐ 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 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 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 Section IV: Estimate of Real Property Tax Abatement Benefits 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 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 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 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 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 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 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 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 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 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 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 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. Prior to issuance of any NYS Tax & Finance ST-60 forms, the Applicant must submit a Contractor Status Report to the Agency. 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 (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: 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 (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: Mr. Richard Dausman Title: President Signature: Onondaga County Industrial Development Agency Page 16 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 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: Mr. Richard Dausman Title: President Signature: Onondaga County Industrial Development Agency Page 16 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. 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. 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 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 Date: ______________ Onondaga County Industrial Development Agency Page 18 Onondaga County Industrial Development Agency Page 17 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 Date: ______________ Onondaga County Industrial Development Agency Page 18 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: _________________________________ 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 Date: ______________ Onondaga County Industrial Development Agency Page 19 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 & Title of Officer or Authorized Representative: _________________________________ Richard Dausman, President Date: ______________ Onondaga County Industrial Development Agency Page 19 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. 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. Onondaga County Industrial Development Agency Page 20 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 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: 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. 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. § 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 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. 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 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 Name of Applicant Company: _______________________________________ Signature of Officer or Authorized Representative: _________________________________ Name & Title of Officer or Authorized Representative: _________________________________ Date: ______________ Onondaga County Industrial Development Agency Page 22 Name of Applicant Company: _______________________________________ Signature of Officer or Authorized Representative: _________________________________ Name & Title of Officer or Authorized Representative: _________________________________ Date: ______________ STATE OF NEW YORK ) COUNTY OF ONONDAGA ) ss.; , being first duly sworn, deposes and says: 1. That I am the (Corporate Officer) of (Applicant) and that I am duly authorized on behalf of the Applicant to bind the Applicant. 2. That I have read and attached Application, I Know the contents thereof, and that to the best of my knowledge and belief, this Application and the contents of this Application are true, accurate and complete (Signature of Officer) Subscribed and affirmed to me under penalties of perjury this day of , 20 . (Notary Public) End of Application Rev 1.18.22 Onondaga County Industrial Development Agency Page 23 Project Description STATE OF NEW YORK ) COUNTY OF ONONDAGA ) ss.; , being first duly sworn, deposes and says: 1. That I am the (Corporate Officer) of (Applicant) and that I am duly authorized on behalf of the Applicant to bind the Applicant. 2. That I have read and attached Application, I Know the contents thereof, and that to the best of my knowledge and belief, this Application and the contents of this Application are true, accurate and complete (Signature of Officer) Subscribed and affirmed to me under penalties of perjury this day of , 20 . (Notary Public) End of Application Rev 1.18.22 Onondaga County Industrial Development Agency Page 23 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. 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. 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. 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: • 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: • 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. 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. 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  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 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 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 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 Short Environmental Assessment Form - EAF Mapper Summary Report 1 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 Short Environmental Assessment Form - EAF Mapper Summary Report 1 OCIDA 2023 Draft Budget (As of September 30, 2022) 1. Operating Expenses/Program Expenses 2021 Actual 2022 Budget 2022 YTD 2023 Budget Onondaga County - Contractual Support Services $ - $ 800,000 $ 448,907 $ 816,000 General & Administrative $ 215,680 $ 529,700 $ 923,915 $ 540,294 Financial Assistance Grants $ 41,907 $ 42,000 $ - $ 42,840 Pass-through expense (PILOT Payments) $ 2,910 $ 3,000 $ 9,218,112 $ 3,060 Depreciation Expense $ 16,898 $ 17,000 $ - $ 17,340 Professional Fees $ 33,546 $ 34,000 $ 23,220 $ 34,680 Other Expenses $ 5,436 $ 5,500 $ - $ 5,610 Seminars & Meetings $ 10,546 $ 10,600 $ 23,993 $ 10,812 Interest Expense $ 2,129 $ 2,200 $ - $ 2,244 Total Operating/Program Expenses $ 329,052 $ 1,444,000 $ 1,420,035 $ 1,472,880 OCIDA 2023 Draft Budget (As of September 30, 2022) 1. Operating Expenses/Program Expenses 2021 Actual 2022 Budget 2022 YTD 2023 Budget Onondaga County - Contractual Support Services $ - $ 800,000 $ 448,907 $ 816,000 General & Administrative $ 215,680 $ 529,700 $ 923,915 $ 540,294 Financial Assistance Grants $ 41,907 $ 42,000 $ - $ 42,840 Pass-through expense (PILOT Payments) $ 2,910 $ 3,000 $ 9,218,112 $ 3,060 Depreciation Expense $ 16,898 $ 17,000 $ - $ 17,340 Professional Fees $ 33,546 $ 34,000 $ 23,220 $ 34,680 Other Expenses $ 5,436 $ 5,500 $ - $ 5,610 Seminars & Meetings $ 10,546 $ 10,600 $ 23,993 $ 10,812 Interest Expense $ 2,129 $ 2,200 $ - $ 2,244 Total Operating/Program Expenses $ 329,052 $ 1,444,000 $ 1,420,035 $ 1,472,880 2. Revenue 2021 Actual 2022 Budget 2022 YTD 2023 Budget Agency Revenues $ 1,345,756 $ 1,401,000 $ 1,738,515 $ 1,429,020 Onondaga County Reimbursement $ 663,002 $ - $ - $ - Development Costs Reimbursement $ 165,552 $ - $ - $ - Pass-through Income (PILOT Payments) $ 2,910 $ - $ 9,218,112 $ - Rent Income $ 11,500 $ 12,000 $ 10,000 $ 12,240 Subsidies Grants Donations $ 134,116 $ - $ 505,291 $ - Other Income $ 12,114 $ 25,000 $ 7,758 $ 25,500 Interest Income $ 739 $ 6,000 $ 661 $ 6,120 Total Revenue $ 2,335,689 $ 1,444,000 $ 2,262,225 $ 1,472,880 Revenue - Expenses $ 2,006,637 $ - $ 842,191 $ - 2. Revenue 2021 Actual 2022 Budget 2022 YTD 2023 Budget Agency Revenues $ 1,345,756 $ 1,401,000 $ 1,738,515 $ 1,429,020 Onondaga County Reimbursement $ 663,002 $ - $ - $ - Development Costs Reimbursement $ 165,552 $ - $ - $ - Pass-through Income (PILOT Payments) $ 2,910 $ - $ 9,218,112 $ - Rent Income $ 11,500 $ 12,000 $ 10,000 $ 12,240 Subsidies Grants Donations $ 134,116 $ - $ 505,291 $ - Other Income $ 12,114 $ 25,000 $ 7,758 $ 25,500 Interest Income $ 739 $ 6,000 $ 661 $ 6,120 Total Revenue $ 2,335,689 $ 1,444,000 $ 2,262,225 $ 1,472,880 Revenue - Expenses $ 2,006,637 $ - $ 842,191 $ -