July 2022 — Revd-8.3.22-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 July 21, 2022 8:00 AM Call to Order the Meeting of the Agency 1. Approval of Minutes June 14, 2022 Regular Meeting 2. Treasurer’s Report 3. Payment of Bills 4. Conflict of Interest 1. Stewart Hancock Partners LLC/ Dunn Tire LLC (3101-21-12A) Meeting to Modify Stewart Hancock Partners, LLC/Dunn Tire, LLC is requesting an increase in the Sales and Use Tax Exemption from $250,000 to $500,000. Agency Action Requested: a. A resolution of the Board authorizing additional financial assistance in the form of an increase in the Sales and Use Tax Exemption. Representative: Joseph Cattalani, Managing Member, Stewart Hancock Partner, LLC 2. District East Project Presentation Representative: Andy Breuer and Ryan Benz, OHB Redev Executive Session 3. Rescinding SEQR Determinations and Purchase Contract Execution Authorization Rescinding prior resolutions of the board adopting SEQR determinations and authorizing Purchase Contract Execution. 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 July 21, 2022 8:00 AM Call to Order the Meeting of the Agency 1. Approval of Minutes June 14, 2022 Regular Meeting 2. Treasurer’s Report 3. Payment of Bills 4. Conflict of Interest 1. Stewart Hancock Partners LLC/ Dunn Tire LLC (3101-21-12A) Meeting to Modify Stewart Hancock Partners, LLC/Dunn Tire, LLC is requesting an increase in the Sales and Use Tax Exemption from $250,000 to $500,000. Agency Action Requested: a. A resolution of the Board authorizing additional financial assistance in the form of an increase in the Sales and Use Tax Exemption. Representative: Joseph Cattalani, Managing Member, Stewart Hancock Partner, LLC 2. District East Project Presentation Representative: Andy Breuer and Ryan Benz, OHB Redev Executive Session 3. Rescinding SEQR Determinations and Purchase Contract Execution Authorization Rescinding prior resolutions of the board adopting SEQR determinations and authorizing Purchase Contract Execution. Agency Action Requested: a. Rescind resolutions authorizing adoption of SEQR determinations. b. Rescind resolutions authorizing Executive Director to enter into purchase contracts and any related documents with respect to parcels of property. 1 Page1 4. Purchase Contract Execution Authorization to enter into purchase contracts for parcels of property. Agency Action Requested: a. A resolution of the Board authorizing the adoption of a SEQRA determinations. b. Resolutions of the Board authorizing the Executive Director to enter into purchase contracts and any related documents with respect to parcels of property. Representative: Robert Petrovich, Executive Director, OCIDA Adjourn 2 2 Page2 DRAFT Onondaga County Industrial Development Agency Regular Meeting Minutes June 14, 2022 A regular meeting of the Onondaga County Industrial Development Agency was held on Tuesday, June 14, 2022 at 333 West Washington Street, Syracuse, New York in the large conference room on the first floor. Janice Herzog called the meeting to order at 8:04 am with the following: Agency Action Requested: a. Rescind resolutions authorizing adoption of SEQR determinations. b. Rescind resolutions authorizing Executive Director to enter into purchase contracts and any related documents with respect to parcels of property. 1 Page1 4. Purchase Contract Execution Authorization to enter into purchase contracts for parcels of property. Agency Action Requested: a. A resolution of the Board authorizing the adoption of a SEQRA determinations. b. Resolutions of the Board authorizing the Executive Director to enter into purchase contracts and any related documents with respect to parcels of property. Representative: Robert Petrovich, Executive Director, OCIDA Adjourn 2 2 Page2 DRAFT Onondaga County Industrial Development Agency Regular Meeting Minutes June 14, 2022 A regular meeting of the Onondaga County Industrial Development Agency was held on Tuesday, June 14, 2022 at 333 West Washington Street, Syracuse, New York in the large conference room on the first floor. Janice Herzog called the meeting to order at 8:04 am with the following: PRESENT: Janice Herzog Steve Morgan Susan Stanczyk Kevin Ryan Fanny Villarreal ABSENT: Patrick Hogan Victor Ianno 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 Amanda Fitzgerald, Barclay Damon Law Firm Samantha Podlas, Barclay Damon Law Firm John Sidd, Hancock & Estabrook Law Firm Len Rauch, Office of Economic Development Matthew Pelligra, Office of Economic Development Genevieve Trigg, Barclay Damon Law Firm Joseph Cattalani, Stewart Hancock Partners LLC/Dunn Tire LLC Karen DeAntonio, Barclay Damon Theresa Morgan, Armoured One, LLC Robin Moorcroft, Yugo Syracuse Southside LLC Christopher Andreucci, Harris Beach Law Firm Christopher Bianchi APPROVAL OF REGULAR MEETING MINUTES – MAY 10, 2022 Upon a motion by Fanny Villarreal, seconded by Susan Stanczyk, the OCIDA Board approved the regular meeting minutes of May 10, 2022. Motion was carried. 3 Page3 TREASURER’S REPORT Nate Stevens gave a brief review of the Treasurer’s Report for the month of May 2022. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the Treasurer’s Report for the month of May 2022. Motion was carried. PRESENT: Janice Herzog Steve Morgan Susan Stanczyk Kevin Ryan Fanny Villarreal ABSENT: Patrick Hogan Victor Ianno 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 Amanda Fitzgerald, Barclay Damon Law Firm Samantha Podlas, Barclay Damon Law Firm John Sidd, Hancock & Estabrook Law Firm Len Rauch, Office of Economic Development Matthew Pelligra, Office of Economic Development Genevieve Trigg, Barclay Damon Law Firm Joseph Cattalani, Stewart Hancock Partners LLC/Dunn Tire LLC Karen DeAntonio, Barclay Damon Theresa Morgan, Armoured One, LLC Robin Moorcroft, Yugo Syracuse Southside LLC Christopher Andreucci, Harris Beach Law Firm Christopher Bianchi APPROVAL OF REGULAR MEETING MINUTES – MAY 10, 2022 Upon a motion by Fanny Villarreal, seconded by Susan Stanczyk, the OCIDA Board approved the regular meeting minutes of May 10, 2022. Motion was carried. 3 Page3 TREASURER’S REPORT Nate Stevens gave a brief review of the Treasurer’s Report for the month of May 2022. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the Treasurer’s Report for the month of May 2022. Motion was carried. PAYMENT OF BILLS Nate Stevens gave a brief review of the Payment of Bills Schedule #470 Upon a motion by Steve Morgan, seconded by Susan Stanczyk, the OCIDA Board approved the Payment of Bills Schedule #470 for $2,338,103.92 and PILOT Payments to Onondaga County for $7,913.78, Town of Camillus for $5,640.87, Village of Camillus for $975.52, Town of Elbridge for $2,298.31, Town of Geddes for $76.46, Village of Solvay for $611.15, West Genesee Central School District for $13,701.23, Solvay Union School District for $3,901.55, Jordan Elbridge Central School District for $19,456.66, Marcellus Central School District for $291.23, Onondaga County for $836.24, City of Syracuse for $1,300.58, Town of Onondaga for $2.61, Town of DeWitt for $12.82 and Jamesville DeWitt School District for $83.89. Motion was carried. PAYMENT OF BILLS Nate Stevens gave a brief review of the Payment of Bills Schedule #470 Upon a motion by Steve Morgan, seconded by Susan Stanczyk, the OCIDA Board approved the Payment of Bills Schedule #470 for $2,338,103.92 and PILOT Payments to Onondaga County for $7,913.78, Town of Camillus for $5,640.87, Village of Camillus for $975.52, Town of Elbridge for $2,298.31, Town of Geddes for $76.46, Village of Solvay for $611.15, West Genesee Central School District for $13,701.23, Solvay Union School District for $3,901.55, Jordan Elbridge Central School District for $19,456.66, Marcellus Central School District for $291.23, Onondaga County for $836.24, City of Syracuse for $1,300.58, Town of Onondaga for $2.61, Town of DeWitt for $12.82 and Jamesville DeWitt School District for $83.89. Motion was carried. CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts reported. J.W. DIDADO ELECTRIC, LLC (3101-22-A) SECOND MEETING Robert Petrovich stated Genevieve Trigg from Barclay Damon is representing J.W. Didado so John Sidd from Hancock Estabrook is representing the Agency as conflict counsel. John Sidd stated a public hearing was previously held and the report is in the Agency packet. Nancy Lowery stated there were no comments. 4 2 Page4 CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts reported. J.W. DIDADO ELECTRIC, LLC (3101-22-A) SECOND MEETING Robert Petrovich stated Genevieve Trigg from Barclay Damon is representing J.W. Didado so John Sidd from Hancock Estabrook is representing the Agency as conflict counsel. John Sidd stated a public hearing was previously held and the report is in the Agency packet. Nancy Lowery stated there were no comments. 4 2 Page4 John Sidd stated the applicant made a minor change to their application yesterday. He stated there were two entities seeking financial assistance which is a typical structure where one owns the land and rents it to the operating entity. He stated they dropped the LLC that was going to own the land and rent it so now there will be one entity that will own and operate which makes it much simpler. He stated there is no material change to the application otherwise. He stated in terms of SEQR review, the Town of Clay Planning Board treated this as a Type I action under SEQR and OCIDA is an involved agency. He stated the Town of Clay issued a determination last week showing a negative declaration and the project will not have a significant impact on the environment that has not been mitigated. He stated there is an approving resolution noting the negative declaration and inducing the project to proceed to close to provide the financial assistance consisting of the mortgage recording tax exemption, sales tax exemption and real property tax exemption. John Sidd stated the applicant made a minor change to their application yesterday. He stated there were two entities seeking financial assistance which is a typical structure where one owns the land and rents it to the operating entity. He stated they dropped the LLC that was going to own the land and rent it so now there will be one entity that will own and operate which makes it much simpler. He stated there is no material change to the application otherwise. He stated in terms of SEQR review, the Town of Clay Planning Board treated this as a Type I action under SEQR and OCIDA is an involved agency. He stated the Town of Clay issued a determination last week showing a negative declaration and the project will not have a significant impact on the environment that has not been mitigated. He stated there is an approving resolution noting the negative declaration and inducing the project to proceed to close to provide the financial assistance consisting of the mortgage recording tax exemption, sales tax exemption and real property tax exemption. Genevieve Trigg stated the project includes the construction of an approximately 24,000 square foot building on a 12.17 acre site. She stated about 10,000 square feet of the 2 story portion of the building will serve as an office and training space and the remaining will include a 9 pull in truck bay to facilitate tooling and detooling of trucks. She stated there will also be a climate controlled safety equipment storage area, general storage, employee onboarding area and a small office space. She stated as discussed at the last meeting JWD does pride itself in doing a live classroom concept to help its employees adapt and provide them with the skill set needed for the job. Upon a motion by Kevin Ryan, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing the financial assistance by the Agency to include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes and acknowledging the Town of Clay SEQRA resolution. Motion was carried. Genevieve Trigg stated the project includes the construction of an approximately 24,000 square foot building on a 12.17 acre site. She stated about 10,000 square feet of the 2 story portion of the building will serve as an office and training space and the remaining will include a 9 pull in truck bay to facilitate tooling and detooling of trucks. She stated there will also be a climate controlled safety equipment storage area, general storage, employee onboarding area and a small office space. She stated as discussed at the last meeting JWD does pride itself in doing a live classroom concept to help its employees adapt and provide them with the skill set needed for the job. Upon a motion by Kevin Ryan, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing the financial assistance by the Agency to include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes and acknowledging the Town of Clay SEQRA resolution. Motion was carried. STEWART HANCOCK PARTNERS LLC/DUNN TIRE LLC (3101-21-12A) MEETING TO MODIFY Joseph Cattalani stated the FAA forced them to move the building location and that changed considerably the dynamic of the use of the property so they had increases in costs. He stated originally they were sheet draining the parking lot but the second placement of the building forced them to pipe underground within a separate roadway for the fire access. He stated the 5 3 Page5 change in site also changed the dynamic in suitable soils. He stated they had almost $1 million dollars of cut that needed to be removed and there was about $700,000 of structural fill put in to put the building on. He stated it just continues and pricing of commodities is up. He stated he doesn’t know what his asphalt price will be when they get to that point with oil prices up 3X which is a big component. He stated this is why they are asking for an increase in the sales and use exemption. Janice Herzog stated it is certainly understandable and it is hard to do planning in times like this. Jeff Davis stated the resolution before the Board is a resolution to authorize a public hearing because the increase in benefits is greater than $100,000. He stated a public hearing would be held, go through the process and then come back to the Board for consideration of the request. STEWART HANCOCK PARTNERS LLC/DUNN TIRE LLC (3101-21-12A) MEETING TO MODIFY Joseph Cattalani stated the FAA forced them to move the building location and that changed considerably the dynamic of the use of the property so they had increases in costs. He stated originally they were sheet draining the parking lot but the second placement of the building forced them to pipe underground within a separate roadway for the fire access. He stated the 5 3 Page5 change in site also changed the dynamic in suitable soils. He stated they had almost $1 million dollars of cut that needed to be removed and there was about $700,000 of structural fill put in to put the building on. He stated it just continues and pricing of commodities is up. He stated he doesn’t know what his asphalt price will be when they get to that point with oil prices up 3X which is a big component. He stated this is why they are asking for an increase in the sales and use exemption. Janice Herzog stated it is certainly understandable and it is hard to do planning in times like this. Jeff Davis stated the resolution before the Board is a resolution to authorize a public hearing because the increase in benefits is greater than $100,000. He stated a public hearing would be held, go through the process and then come back to the Board for consideration of the request. Upon a motion by Fanny Villarreal, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing a public hearing in connection with a request for an increase in the Sales and Use Tax Exemption. Motion was carried. Upon a motion by Fanny Villarreal, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing a public hearing in connection with a request for an increase in the Sales and Use Tax Exemption. Motion was carried. ARMOURED ONE, LLC (3101-18-06A) MEETING TO MODIFY Theresa Morgan stated they are a business founded on the sales of school security training and they install attack resistant film on school glass and life openings. She stated they sell attack resistant glass. She stated since Covid hit it has impacted their ability to sustain their projected levels of revenue growth and expansion of their business operations. She stated it has caused them to struggle with deadlines. She stated if you don’t have the revenue coming in you really don’t want to expand your facility. She stated they have tried since Covid hit to bolster their partnership with their customers as well as being very innovative with new product design which they are doing quite successfully with a very cool patent pending with their security glass with a new inner layer that has proved to be stronger than anything on the market. She stated sales are expanding and now is the time to continue the renovation projects they had planned a couple years ago. She stated they have secured the funds with Pathfinder Bank and they plan to spend $650,000 for much needed roof repairs, creation of an additional cooling room with the necessary walls, ceilings, epoxy flooring and HVAC system. She stated they plan to have all this work done by the end of this year. She stated they really appreciate all OCIDA has done for them and thanked the Board for considering the extension of the sales tax exemption. She stated 6 4 Page6 ARMOURED ONE, LLC (3101-18-06A) MEETING TO MODIFY Theresa Morgan stated they are a business founded on the sales of school security training and they install attack resistant film on school glass and life openings. She stated they sell attack resistant glass. She stated since Covid hit it has impacted their ability to sustain their projected levels of revenue growth and expansion of their business operations. She stated it has caused them to struggle with deadlines. She stated if you don’t have the revenue coming in you really don’t want to expand your facility. She stated they have tried since Covid hit to bolster their partnership with their customers as well as being very innovative with new product design which they are doing quite successfully with a very cool patent pending with their security glass with a new inner layer that has proved to be stronger than anything on the market. She stated sales are expanding and now is the time to continue the renovation projects they had planned a couple years ago. She stated they have secured the funds with Pathfinder Bank and they plan to spend $650,000 for much needed roof repairs, creation of an additional cooling room with the necessary walls, ceilings, epoxy flooring and HVAC system. She stated they plan to have all this work done by the end of this year. She stated they really appreciate all OCIDA has done for them and thanked the Board for considering the extension of the sales tax exemption. She stated 6 4 Page6 they consider OCIDA as partners in this mission to fight what is unfortunately going on in our schools. Janice Herzog stated thank you to Amoured One for what they are doing. She stated it is great to have companies that are looking forward and trying to keep our children in schools safe and good luck with the patent. She stated congratulations on receiving the award at the MACNY dinner. She stated it is a testament to the good things Armoured One is doing in the community. Theresa Morgan stated thank you and they were really excited and proud. She stated they do more than just supply the products, they are more boots on the ground. She stated the CEO flew right to Texas when the unfortunate shooting occurred. She stated they are ministers in action and they are quite proud of all the things the company does. Upon a motion by Susan Stanczyk, seconded by Kevin Ryan, the OCIDA Board approved a resolution authorizing an extension to the Sales and Use Tax Exemption. Motion was carried. they consider OCIDA as partners in this mission to fight what is unfortunately going on in our schools. Janice Herzog stated thank you to Amoured One for what they are doing. She stated it is great to have companies that are looking forward and trying to keep our children in schools safe and good luck with the patent. She stated congratulations on receiving the award at the MACNY dinner. She stated it is a testament to the good things Armoured One is doing in the community. Theresa Morgan stated thank you and they were really excited and proud. She stated they do more than just supply the products, they are more boots on the ground. She stated the CEO flew right to Texas when the unfortunate shooting occurred. She stated they are ministers in action and they are quite proud of all the things the company does. Upon a motion by Susan Stanczyk, seconded by Kevin Ryan, the OCIDA Board approved a resolution authorizing an extension to the Sales and Use Tax Exemption. Motion was carried. BRECKENRIDGE GROUP SYRACUSE NEW YORK, LLC (3101-15-12A) MEETING TO MODIFY Christopher Andreucci stated he represents the Breckenridge Group and they are selling the project to GSA who is the parent of Yugo Syracuse. He stated they are seeking the consent pursuant to the lease and leaseback to the sale. Amanda Fitzgerald stated this is a very straightforward transaction. Sue Stanczyk asked what is the project. Chris Andreucci stated it used to be Syracuse Apartments which was the original project but under the lease/leaseback agreement the Agency had approved the assignment to Breckenridge Group Syracuse. He stated it was in the lease/leaseback that Breckenridge Group was a qualified transferee upon following the closing of the deal. He stated Syracuse Apartments sold it to Breckenridge who now is now selling it to GSA or Yugo Syracuse. Robert Petrovich asked Chris Andreucci to explain where it is located and what type of housing it is. Chris Andreucci stated it is student housing located on Brighton Avenue. Robert Petrovich 7 5 Page7 stated it has a DBA as Aspen of Syracuse. Chris Andreucci agreed and stated it closed in 2015 originally. Robin Moorcroft stated they are excited to take on the student housing in this market and looking forward to completing the transaction. BRECKENRIDGE GROUP SYRACUSE NEW YORK, LLC (3101-15-12A) MEETING TO MODIFY Christopher Andreucci stated he represents the Breckenridge Group and they are selling the project to GSA who is the parent of Yugo Syracuse. He stated they are seeking the consent pursuant to the lease and leaseback to the sale. Amanda Fitzgerald stated this is a very straightforward transaction. Sue Stanczyk asked what is the project. Chris Andreucci stated it used to be Syracuse Apartments which was the original project but under the lease/leaseback agreement the Agency had approved the assignment to Breckenridge Group Syracuse. He stated it was in the lease/leaseback that Breckenridge Group was a qualified transferee upon following the closing of the deal. He stated Syracuse Apartments sold it to Breckenridge who now is now selling it to GSA or Yugo Syracuse. Robert Petrovich asked Chris Andreucci to explain where it is located and what type of housing it is. Chris Andreucci stated it is student housing located on Brighton Avenue. Robert Petrovich 7 5 Page7 stated it has a DBA as Aspen of Syracuse. Chris Andreucci agreed and stated it closed in 2015 originally. Robin Moorcroft stated they are excited to take on the student housing in this market and looking forward to completing the transaction. Upon a motion by Kevin Ryan, seconded by Fanny Villarreal, the OCIDA Board approved a resolution approving the assignment of the right, title and interest in the Breckenridge Group Syracuse, New York, LLC to Yugo Syracuse Southside LLC. Motion was carried. Upon a motion by Kevin Ryan, seconded by Fanny Villarreal, the OCIDA Board approved a resolution approving the assignment of the right, title and interest in the Breckenridge Group Syracuse, New York, LLC to Yugo Syracuse Southside LLC. Motion was carried. ACTIVE PROJECT REVIEW Nancy Lowery stated companies are required to report annually their employment numbers based on what they put in their application. She stated last year there were 4 companies that did not meet the threshold and actually fell into recapture. She state the Board graciously waived that due to the fact that they were all hotels and were not able to meet the threshold based on what happened during Covid. She stated she is pleased to report this year all the Agency projects are in compliance with their numbers so we are happy they are back into the threshold they need to be. ACTIVE PROJECT REVIEW Nancy Lowery stated companies are required to report annually their employment numbers based on what they put in their application. She stated last year there were 4 companies that did not meet the threshold and actually fell into recapture. She state the Board graciously waived that due to the fact that they were all hotels and were not able to meet the threshold based on what happened during Covid. She stated she is pleased to report this year all the Agency projects are in compliance with their numbers so we are happy they are back into the threshold they need to be. APPOINTMENT OF ASSISTANT TREASURER Robert Petrovich stated he is happy to introduce Alexis Rodriguez as a new addition to our team and she is taking over for Chris Cox who is retiring the end of the month. He stated she is doing an amazing job so far and obviously one of the roles she will assume is the role of assistant treasurer. He stated he would enthusiastically endorse her appointment as Assistant Treasurer. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution appointing Alexis Rodriguez as Board Assistant Treasurer to the Onondaga County Industrial Development Agency. Motion was carried. APPOINTMENT OF ASSISTANT TREASURER Robert Petrovich stated he is happy to introduce Alexis Rodriguez as a new addition to our team and she is taking over for Chris Cox who is retiring the end of the month. He stated she is doing an amazing job so far and obviously one of the roles she will assume is the role of assistant treasurer. He stated he would enthusiastically endorse her appointment as Assistant Treasurer. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution appointing Alexis Rodriguez as Board Assistant Treasurer to the Onondaga County Industrial Development Agency. Motion was carried. EXECUTIVE SESSION 8 6 Page8 Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board went into Executive Session at 8:31 am to discuss the acquisition of real property. Motion was carried. (Steve Morgan left meeting.) Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board adjourned the Executive Session at 8:52 am. Motion was carried. EXECUTIVE SESSION 8 6 Page8 Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board went into Executive Session at 8:31 am to discuss the acquisition of real property. Motion was carried. (Steve Morgan left meeting.) Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board adjourned the Executive Session at 8:52 am. Motion was carried. PURCHASE CONTRACTS EXECUTION Jeff Davis stated the resolutions before the Board is to exercise the options to purchase the properties. He stated the first resolution for consideration by the Board is authorizing the adoption of a SEQR determination. He stated there are 3 separate SEQR determinations and one omnibus motion will be done. He stated we previously studied under SEQR the project and expansion of the White Pine Park which resulted in the development of the Supplemental and Generic Environmental Impact Statement to the prior GEIS when the park was originally developed. He stated the Board determined to go to a supplemental GEIS process and then went to public comment. He stated a Final GEIS was adopted by the Board in July of 2021 and notice of completion of the Final Supplemental GEIS was filed on July 16, 2021. He stated in review of the acquisition of these 3 parcels, we review the project as was studied under that Supplemental GEIS and Final GEIS. He stated the project included the acquisition of the subject parcels here for the resolution and the SEQR review was conducted on those including the evaluation of relevant impacts, facts and conclusions associated with the expansion of the park. He stated the Draft Supplemental GEIS statement, Final GEIS and Findings Statements adopted by the Agency evaluated the relevant impacts, facts and conclusions associated with the acquisition of the additional acreage including the subject parcels to accommodate the expansion of the park. He stated the Agency determined that the project including the acquisition of the additional acreage, including the subject parcels from among other reasonable alternatives, is one which minimizes or avoids adverse environmental effects to the maximum extent practicable and the acquisition of the property will be carried out in accordance with conditions and thresholds established in the Final Supplement GEIS and Findings Statement thus avoiding, minimizing and mitigating as reasonably practical the adverse environmental impacts. PURCHASE CONTRACTS EXECUTION Jeff Davis stated the resolutions before the Board is to exercise the options to purchase the properties. He stated the first resolution for consideration by the Board is authorizing the adoption of a SEQR determination. He stated there are 3 separate SEQR determinations and one omnibus motion will be done. He stated we previously studied under SEQR the project and expansion of the White Pine Park which resulted in the development of the Supplemental and Generic Environmental Impact Statement to the prior GEIS when the park was originally developed. He stated the Board determined to go to a supplemental GEIS process and then went to public comment. He stated a Final GEIS was adopted by the Board in July of 2021 and notice of completion of the Final Supplemental GEIS was filed on July 16, 2021. He stated in review of the acquisition of these 3 parcels, we review the project as was studied under that Supplemental GEIS and Final GEIS. He stated the project included the acquisition of the subject parcels here for the resolution and the SEQR review was conducted on those including the evaluation of relevant impacts, facts and conclusions associated with the expansion of the park. He stated the Draft Supplemental GEIS statement, Final GEIS and Findings Statements adopted by the Agency evaluated the relevant impacts, facts and conclusions associated with the acquisition of the additional acreage including the subject parcels to accommodate the expansion of the park. He stated the Agency determined that the project including the acquisition of the additional acreage, including the subject parcels from among other reasonable alternatives, is one which minimizes or avoids adverse environmental effects to the maximum extent practicable and the acquisition of the property will be carried out in accordance with conditions and thresholds established in the Final Supplement GEIS and Findings Statement thus avoiding, minimizing and mitigating as reasonably practical the adverse environmental impacts. 9 7 Page9 Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution authorizing the adoption of SEQRA determination. Motion was carried. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution to enter into purchase contracts and any related documents with respect to three parcels of property. Motion was carried. 9 7 Page9 Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution authorizing the adoption of SEQRA determination. Motion was carried. Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution to enter into purchase contracts and any related documents with respect to three parcels of property. Motion was carried. AUTHORIZATION FOR EXECUTIVE DIRECTOR TO EXECUTE LAND OPTIONS Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution authorizing the Executive Director to enter into Land Options. Motion was carried. AUTHORIZATION FOR EXECUTIVE DIRECTOR TO EXECUTE LAND OPTIONS Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved a resolution authorizing the Executive Director to enter into Land Options. Motion was carried. ADJOURN Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board adjourned the meeting at 8:57 am. Motion was carried. _________________________________ Nancy Lowery, Secretary 10 8 Page10 ADJOURN Upon a motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board adjourned the meeting at 8:57 am. Motion was carried. _________________________________ Nancy Lowery, Secretary 10 8 Page10 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY 333 WASHINGTON STREET, SUITE 130, SYRACUSE, NY 13202 PHONE: 315.435.3770 • FAX: 315.435.3669 June 30, 2022 2022 Budget Current YTD Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating Revenue 215,323 1,899,397 1,444,000 455,397 Administrative Expense 54,019 291,301 800,000 (508,699) Operating/Program Exp. 120,657 669,465 644,000 25,465 Net Ordinary Income 40,647 938,631 - 938,631 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY 333 WASHINGTON STREET, SUITE 130, SYRACUSE, NY 13202 PHONE: 315.435.3770 • FAX: 315.435.3669 June 30, 2022 2022 Budget Current YTD Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating Revenue 215,323 1,899,397 1,444,000 455,397 Administrative Expense 54,019 291,301 800,000 (508,699) Operating/Program Exp. 120,657 669,465 644,000 25,465 Net Ordinary Income 40,647 938,631 - 938,631 Current Assets Current YTD Prior YTD Total Cash 4,306,914 3,875,424 Less Pass Through Received 193,361 153,396 Available Cash 4,113,553 3,722,029 Receivables (less pass through rec.) 102,748 57,496 Grant Reimbursements - - Total 4,216,301 3,779,525 Reserve for Contracts County Operations 2022 508,699 333 W. Washington St 2022 Rent 47,496 OBG WPCP CO #4 Additional Studies 180,349 JMT 800 Hiawatha Engineering 6,657 Barclay Damon WPCP Options - Total 743,201 Receivables 0-120 days 102,748 > 120 days - Total 102,748 Current Assets Current YTD Prior YTD Total Cash 4,306,914 3,875,424 Less Pass Through Received 193,361 153,396 Available Cash 4,113,553 3,722,029 Receivables (less pass through rec.) 102,748 57,496 Grant Reimbursements - - Total 4,216,301 3,779,525 Reserve for Contracts County Operations 2022 508,699 333 W. Washington St 2022 Rent 47,496 OBG WPCP CO #4 Additional Studies 180,349 JMT 800 Hiawatha Engineering 6,657 Barclay Damon WPCP Options - Total 743,201 Receivables 0-120 days 102,748 > 120 days - Total 102,748 Onondaga County Industrial Development Agency Profit and Loss June 2022 TOTAL Income 500 Operating Revenue 2116 Fees 2116.1 Agency Fees 213,012.00 Total 2116 Fees 213,012.00 2410 Lease Income 2,250.00 2655 Other Operating Revenue 25.42 Total 500 Operating Revenue 215,287.42 501 Non-Operating Revenue 2401 Interest Income 35.86 Total 501 Non-Operating Revenue 35.86 534 Pilot & Pass Thru Revenue 529 PILOT Income 193,361.46 Total 534 Pilot & Pass Thru Revenue 193,361.46 Total Income $408,684.74 GROSS PROFIT $408,684.74 Expenses 6400 Operating Expense 6404 Audit 14,000.00 6406 Other Professional Services 360.00 6406.50 Consulting Services 5,000.00 Total 6406 Other Professional Services 5,360.00 6407 Administrative Expense 54,018.58 6408 Meeting Expenses 250.60 6409 Conference Attendence 4,861.22 6410 Office Expense 841.86 6411 Memberships / Sponsorships 110.00 Total 6400 Operating Expense 79,442.26 6440 Legal Fees 6450 Barclay Damon 6460 IDA General Legal 2,401.10 6470 WPCP Development 144.70 6470.2 Land Purchases 375.00 6470.5 JMT 50,267.50 Total 6470 WPCP Development 50,787.20 Total 6450 Barclay Damon 53,188.30 Total 6440 Legal Fees 53,188.30 Onondaga County Industrial Development Agency Profit and Loss June 2022 TOTAL Income 500 Operating Revenue 2116 Fees 2116.1 Agency Fees 213,012.00 Total 2116 Fees 213,012.00 2410 Lease Income 2,250.00 2655 Other Operating Revenue 25.42 Total 500 Operating Revenue 215,287.42 501 Non-Operating Revenue 2401 Interest Income 35.86 Total 501 Non-Operating Revenue 35.86 534 Pilot & Pass Thru Revenue 529 PILOT Income 193,361.46 Total 534 Pilot & Pass Thru Revenue 193,361.46 Total Income $408,684.74 GROSS PROFIT $408,684.74 Expenses 6400 Operating Expense 6404 Audit 14,000.00 6406 Other Professional Services 360.00 6406.50 Consulting Services 5,000.00 Total 6406 Other Professional Services 5,360.00 6407 Administrative Expense 54,018.58 6408 Meeting Expenses 250.60 6409 Conference Attendence 4,861.22 6410 Office Expense 841.86 6411 Memberships / Sponsorships 110.00 Total 6400 Operating Expense 79,442.26 6440 Legal Fees 6450 Barclay Damon 6460 IDA General Legal 2,401.10 6470 WPCP Development 144.70 6470.2 Land Purchases 375.00 6470.5 JMT 50,267.50 Total 6470 WPCP Development 50,787.20 Total 6450 Barclay Damon 53,188.30 Total 6440 Legal Fees 53,188.30 Accrual Basis Tuesday, August 2, 2022 05:03 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss June 2022 TOTAL 6500 Agency Program Expenses 6510 White Pine Commerce Park 6510.4 Other Expenses 86.89 6510.5 Insurance 2,787.20 6510.7 WPCP Marketing 4,932.32 Total 6510 White Pine Commerce Park 7,806.41 6520 North Salina Property Acquisition 6520.1 435 N Salina Expenses 1,400.00 Total 6520 North Salina Property Acquisition 1,400.00 6530 800 Hiawatha Blvd. West 6530.3 Engineering 32,838.89 Total 6530 800 Hiawatha Blvd. West 32,838.89 Total 6500 Agency Program Expenses 42,045.30 6600 Non-Operating Expenses 6605 Pilot & Pass Thru Expenses 6605.2 PILOT Expense 193,361.46 Total 6605 Pilot & Pass Thru Expenses 193,361.46 Total 6600 Non-Operating Expenses 193,361.46 Total Expenses $368,037.32 NET OPERATING INCOME $40,647.42 NET INCOME $40,647.42 Accrual Basis Tuesday, August 2, 2022 05:03 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss June 2022 TOTAL 6500 Agency Program Expenses 6510 White Pine Commerce Park 6510.4 Other Expenses 86.89 6510.5 Insurance 2,787.20 6510.7 WPCP Marketing 4,932.32 Total 6510 White Pine Commerce Park 7,806.41 6520 North Salina Property Acquisition 6520.1 435 N Salina Expenses 1,400.00 Total 6520 North Salina Property Acquisition 1,400.00 6530 800 Hiawatha Blvd. West 6530.3 Engineering 32,838.89 Total 6530 800 Hiawatha Blvd. West 32,838.89 Total 6500 Agency Program Expenses 42,045.30 6600 Non-Operating Expenses 6605 Pilot & Pass Thru Expenses 6605.2 PILOT Expense 193,361.46 Total 6605 Pilot & Pass Thru Expenses 193,361.46 Total 6600 Non-Operating Expenses 193,361.46 Total Expenses $368,037.32 NET OPERATING INCOME $40,647.42 NET INCOME $40,647.42 Accrual Basis Tuesday, August 2, 2022 05:03 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2022 TOTAL ASSETS Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 3,425,367.69 200.2 Cash - M & T Money Maker Savings 890,454.45 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 4,306,914.32 Total Bank Accounts $4,306,914.32 Accounts Receivable 380 Accounts Rec. 380.1 A/R General 93,248.00 380.6 A/R Fees, Lease & PILOT 102,748.00 Total 380 Accounts Rec. 195,996.00 Total Accounts Receivable $195,996.00 Total Current Assets $4,502,910.32 Fixed Assets 100 Land 101 White Pines Commerce Park 10,088,401.50 101.1 WPCP GEIS 101.101 CHA GEIS 1 267,452.05 101.102 CHA GEIS 2 219,439.36 101.104 GEIS Reg Plan Board Overview 19,797.74 Total 101.1 WPCP GEIS 506,689.15 101.2 WPCP Legal 69,774.25 101.3 Engineering Services 52,675.00 101.301 Temporary Access 4,055.44 101.4 Environmental/Demo Services 10,318.98 Total 101.3 Engineering Services 67,049.42 101.5 Land Acquisition Costs 101.501 Land Purchases 1,160,063.57 101.502 Closing Costs 3,168.14 Total 101.5 Land Acquisition Costs 1,163,231.71 Total 101 White Pines Commerce Park 11,895,146.03 106 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 Tuesday, August 2, 2022 05:03 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2022 TOTAL ASSETS Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 3,425,367.69 200.2 Cash - M & T Money Maker Savings 890,454.45 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 4,306,914.32 Total Bank Accounts $4,306,914.32 Accounts Receivable 380 Accounts Rec. 380.1 A/R General 93,248.00 380.6 A/R Fees, Lease & PILOT 102,748.00 Total 380 Accounts Rec. 195,996.00 Total Accounts Receivable $195,996.00 Total Current Assets $4,502,910.32 Fixed Assets 100 Land 101 White Pines Commerce Park 10,088,401.50 101.1 WPCP GEIS 101.101 CHA GEIS 1 267,452.05 101.102 CHA GEIS 2 219,439.36 101.104 GEIS Reg Plan Board Overview 19,797.74 Total 101.1 WPCP GEIS 506,689.15 101.2 WPCP Legal 69,774.25 101.3 Engineering Services 52,675.00 101.301 Temporary Access 4,055.44 101.4 Environmental/Demo Services 10,318.98 Total 101.3 Engineering Services 67,049.42 101.5 Land Acquisition Costs 101.501 Land Purchases 1,160,063.57 101.502 Closing Costs 3,168.14 Total 101.5 Land Acquisition Costs 1,163,231.71 Total 101 White Pines Commerce Park 11,895,146.03 106 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 Tuesday, August 2, 2022 04:59 PM GMT-04:00 1/3 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2022 TOTAL Total 100 Land 13,151,491.53 104 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 $19,236,419.53 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $23,740,971.61 Accrual Basis Tuesday, August 2, 2022 04:59 PM GMT-04:00 1/3 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2022 TOTAL Total 100 Land 13,151,491.53 104 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 $19,236,419.53 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $23,740,971.61 LIABILITIES AND EQUITY Liabilities Current Liabilities Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 291,300.96 600.102 Due to BD WPCP 42,216.66 600.205 Exp Pay Prev Period 13,521.03 600.206 Mileage Reimbursement 92.34 600.208 BlueRock Energy Agreement Deposit 25,000.00 600.209 Syracuse Rail Overpayment 500.00 600.3 Onondaga County Loan 10,773,020.23 600.31 Accrued Interest - OC Note Payable 2,129.00 Total 600.3 Onondaga County Loan 10,775,149.23 Total 600 Accounts Payable 11,147,780.22 601 PILOT and Pass Thru Payable 604 Other Pass Thrus -0.30 Total 601 PILOT and Pass Thru Payable -0.30 631 Due to Other Governments 631.3 Schools 631.356 Syracuse 86,757.91 Total 631.3 Schools 86,757.91 631.4 Onondaga County 59,551.91 631.5 City of Syracuse 47,051.65 Total 631 Due to Other Governments 193,361.47 Total Other Current Liabilities $11,341,141.39 LIABILITIES AND EQUITY Liabilities Current Liabilities Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 291,300.96 600.102 Due to BD WPCP 42,216.66 600.205 Exp Pay Prev Period 13,521.03 600.206 Mileage Reimbursement 92.34 600.208 BlueRock Energy Agreement Deposit 25,000.00 600.209 Syracuse Rail Overpayment 500.00 600.3 Onondaga County Loan 10,773,020.23 600.31 Accrued Interest - OC Note Payable 2,129.00 Total 600.3 Onondaga County Loan 10,775,149.23 Total 600 Accounts Payable 11,147,780.22 601 PILOT and Pass Thru Payable 604 Other Pass Thrus -0.30 Total 601 PILOT and Pass Thru Payable -0.30 631 Due to Other Governments 631.3 Schools 631.356 Syracuse 86,757.91 Total 631.3 Schools 86,757.91 631.4 Onondaga County 59,551.91 631.5 City of Syracuse 47,051.65 Total 631 Due to Other Governments 193,361.47 Total Other Current Liabilities $11,341,141.39 Accrual Basis Tuesday, August 2, 2022 04:59 PM GMT-04:00 2/3 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2022 TOTAL Total Current Liabilities $11,341,141.39 Total Liabilities $11,341,141.39 Equity 3900 Equity Unreserved 8,742,531.91 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 743,200.75 465 Equity - Unreserved -370,371.75 Net Income 938,630.68 Total Equity $12,399,830.22 TOTAL LIABILITIES AND EQUITY $23,740,971.61 Accrual Basis Tuesday, August 2, 2022 04:59 PM GMT-04:00 2/3 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2022 TOTAL Total Current Liabilities $11,341,141.39 Total Liabilities $11,341,141.39 Equity 3900 Equity Unreserved 8,742,531.91 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 743,200.75 465 Equity - Unreserved -370,371.75 Net Income 938,630.68 Total Equity $12,399,830.22 TOTAL LIABILITIES AND EQUITY $23,740,971.61 Accrual Basis Tuesday, August 2, 2022 04:59 PM GMT-04:00 3/3 Accrual Basis Tuesday, August 2, 2022 04:59 PM GMT-04:00 3/3 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILL - SCHEDULE #471 July 21, 2022 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILL - SCHEDULE #471 July 21, 2022 GENERAL EXPENSES 1. CNY POMEROY APPRAISERS INC.* $ 1,400.00 435 N Salina Appraisal Report 2. CRYSTAL ROCK** $ 49.04 Inv#22196031 6-12-22, Water 3. FSK ENTERPRISES LLC*** $ 50,000.00 Option Fee for Land 4. ONONDAGA COUNTY WATER AUTHORITY**** $ 86.89 Inv#639075, Final Bill 5181 State Route 31 5. SYRACUSE DESIGN GROUP LLC**** $ 360.00 Inv#5997, Website Hosting Service July 2022-June 2023 6. BARCLAY DAMON LLP***** $ 4,083.75 Inv#5177534, 5177536, 5177538, Legal Fees March 2022-May 2022 7. COMMISSIONER OF FINANCE***** $ 2,574.96 ROTH Steel City/School Taxes 2022-2023 8. BARCLAY DAMON LLP****** $ 327,117.97 Purchase of Land 9. BARCLAY DAMON LLP****** $ 903,709.36 Purchase of Land 10. BARCLAY DAMON LLP****** $ 54,932.28 Purchase of Land 11. FEDEX ****** $ 81.35 Inv#7-799-89608, 7-777-98700 1 Schedule #471 page 2 GENERAL EXPENSES 1. CNY POMEROY APPRAISERS INC.* $ 1,400.00 435 N Salina Appraisal Report 2. CRYSTAL ROCK** $ 49.04 Inv#22196031 6-12-22, Water 3. FSK ENTERPRISES LLC*** $ 50,000.00 Option Fee for Land 4. ONONDAGA COUNTY WATER AUTHORITY**** $ 86.89 Inv#639075, Final Bill 5181 State Route 31 5. SYRACUSE DESIGN GROUP LLC**** $ 360.00 Inv#5997, Website Hosting Service July 2022-June 2023 6. BARCLAY DAMON LLP***** $ 4,083.75 Inv#5177534, 5177536, 5177538, Legal Fees March 2022-May 2022 7. COMMISSIONER OF FINANCE***** $ 2,574.96 ROTH Steel City/School Taxes 2022-2023 8. BARCLAY DAMON LLP****** $ 327,117.97 Purchase of Land 9. BARCLAY DAMON LLP****** $ 903,709.36 Purchase of Land 10. BARCLAY DAMON LLP****** $ 54,932.28 Purchase of Land 11. FEDEX ****** $ 81.35 Inv#7-799-89608, 7-777-98700 1 Schedule #471 page 2 12. COMMISSIONER OF FINANCE******* $ 197.64 800 Hiawatha & North Salina City/School Taxes 2022-2023 13. RAMBOLL AMERICAS ENGINEERING SOLUTIONS INC.******* $ 54,825.13 Inv#1940013480, 1940011982, WPCP Site Development 14. CHIEF FISCAL OFFICER******* $ 35,432.76 2022 WPCP County & Town Real Property Taxes 15. NATIONWIDE******** $ 3,101.50 Commercial Liability Insurance Premium 2nd Payment 16. ADVANCE MEDIA NEW YORK $ 172.88 Public Hearing Notice Dunn Tire & Stewart Hancock Partners 17. FEDEX $ 30.65 Inv#7-815-11952, Shipping 18. PARK STRATEGIES LLC $ 2,500.00 Inv#16586770, Monthly Consulting Services July 2022 19. CRYSTAL ROCK $ 49.04 Inv#22196031 071022, Water 20. ONONDAGA CIVIC DEVELOPMENT CORPORATION $ 883.89 Internet & Copier, 2nd Quarter 2022 21. ONONDAGA CIVIC DEVELOPMENT CORPORATION $ 12,504.00 Rent, 2nd Quarter 2022 2 Schedule #471 page 3 22. C&S ENGINEERS INC $ 4,827.50 Inv#01101881, Professional Services 3/1/22-4/8/22 TOTAL $ 1,458,920.59 12. COMMISSIONER OF FINANCE******* $ 197.64 800 Hiawatha & North Salina City/School Taxes 2022-2023 13. RAMBOLL AMERICAS ENGINEERING SOLUTIONS INC.******* $ 54,825.13 Inv#1940013480, 1940011982, WPCP Site Development 14. CHIEF FISCAL OFFICER******* $ 35,432.76 2022 WPCP County & Town Real Property Taxes 15. NATIONWIDE******** $ 3,101.50 Commercial Liability Insurance Premium 2nd Payment 16. ADVANCE MEDIA NEW YORK $ 172.88 Public Hearing Notice Dunn Tire & Stewart Hancock Partners 17. FEDEX $ 30.65 Inv#7-815-11952, Shipping 18. PARK STRATEGIES LLC $ 2,500.00 Inv#16586770, Monthly Consulting Services July 2022 19. CRYSTAL ROCK $ 49.04 Inv#22196031 071022, Water 20. ONONDAGA CIVIC DEVELOPMENT CORPORATION $ 883.89 Internet & Copier, 2nd Quarter 2022 21. ONONDAGA CIVIC DEVELOPMENT CORPORATION $ 12,504.00 Rent, 2nd Quarter 2022 2 Schedule #471 page 3 22. C&S ENGINEERS INC $ 4,827.50 Inv#01101881, Professional Services 3/1/22-4/8/22 TOTAL $ 1,458,920.59 *Ratification of Check dated June 13, 2022 **Ratification of Check dated June 15, 2022 ***Ratification of Check dated June 27, 2022 ****Ratification of Checks dated June 28, 2022 *****Ratification of Checks dated July 6, 2022 ******Ratification of Checks dated July 7, 2022 *******Ratification of Checks dated July 12, 2022 ********Ratification of Check dated July 13, 2022 3 *Ratification of Check dated June 13, 2022 **Ratification of Check dated June 15, 2022 ***Ratification of Check dated June 27, 2022 ****Ratification of Checks dated June 28, 2022 *****Ratification of Checks dated July 6, 2022 ******Ratification of Checks dated July 7, 2022 *******Ratification of Checks dated July 12, 2022 ********Ratification of Check dated July 13, 2022 3 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILL - SCHEDULE #471 July 21, 2022 PILOT Payments 1. ONONDAGA COUNTY $ 59,551.91 2022 Syracuse Apartments & COR Inner Harbor PILOT Payments 2. CITY OF SYRACUSE $ 47,051.64 2022 Syracuse Apartments & COR Inner Harbor PILOT Payments 3. SYRACUSE CSD $ 86,757.90 2022 Syracuse Apartments & COR Inner Harbor PILOT Payments TOTAL $ 193,361.45 1 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILL - SCHEDULE #471 July 21, 2022 PILOT Payments 1. ONONDAGA COUNTY $ 59,551.91 2022 Syracuse Apartments & COR Inner Harbor PILOT Payments 2. CITY OF SYRACUSE $ 47,051.64 2022 Syracuse Apartments & COR Inner Harbor PILOT Payments 3. SYRACUSE CSD $ 86,757.90 2022 Syracuse Apartments & COR Inner Harbor PILOT Payments TOTAL $ 193,361.45 1 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY RESERVE FOR CONTRACTS 6/30/2022 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY RESERVE FOR CONTRACTS 6/30/2022 CONTRACT TOTAL PORTION BALANCE DESCRIPTION TERM CONTRACT PAID OUTSTANDING ONONDAGA COUNTY OED 2021 1-1-22-12-31-22 $800,000.00 $291,301.40 $508,698.60 333 W. WASHINGTON ST 2022 RENT 1-1-22-12-31-22 $60,000.00 $12,504.00 $47,496.00 OBG WPCP CO #4 ADDITIONAL STUDIES 11-30-18-12-31-22 $800,000.00 $619,651.25 $180,348.75 JMT 800 HIAWATHA ENGINEERING 2-13-19-12-31-22 $25,000.00 $18,342.60 $6,657.40 $1,685,000.00 $941,799.25 $743,200.75 CONTRACT TOTAL PORTION BALANCE DESCRIPTION TERM CONTRACT PAID OUTSTANDING ONONDAGA COUNTY OED 2021 1-1-22-12-31-22 $800,000.00 $291,301.40 $508,698.60 333 W. WASHINGTON ST 2022 RENT 1-1-22-12-31-22 $60,000.00 $12,504.00 $47,496.00 OBG WPCP CO #4 ADDITIONAL STUDIES 11-30-18-12-31-22 $800,000.00 $619,651.25 $180,348.75 JMT 800 HIAWATHA ENGINEERING 2-13-19-12-31-22 $25,000.00 $18,342.60 $6,657.40 $1,685,000.00 $941,799.25 $743,200.75 ACCOUNTS RECEIVABLE 6/30/2022 AGENCY FEES RECEIVABLE $93,248.00 ACCOUNTS RECEIVABLE GENERAL $9,500.00 TOTAL $102,748.00 21 Page21 The Redevelopment of Shoppingtown Mall 22 Page22 A Brief History. • Built in 1954, Shoppingtown Mall was originally an open-air shopping center, which was converted to an enclosed shopping center in the 1970’s. • At its peak, the mall contained 5 anchor department stores and 125 retailers/restaurants encompassing 1,184,426 SF. • The mall experienced a rapid decline in the 2010’s and entirely closed in March of 2020. The County then purchased the mall from Moonbeam and subsequently issued an RFP on Jan. 26, 2021. • OHB Redev, a joint-venture firm between three of CNY’s most prevalent development companies, joined forces and submitted a response to the County RFP, and was ultimately deemed the winning recipient on June 25, 2021. 23 Page23 Three Local Firms, One Common Mission. ACCOUNTS RECEIVABLE 6/30/2022 AGENCY FEES RECEIVABLE $93,248.00 ACCOUNTS RECEIVABLE GENERAL $9,500.00 TOTAL $102,748.00 21 Page21 The Redevelopment of Shoppingtown Mall 22 Page22 A Brief History. • Built in 1954, Shoppingtown Mall was originally an open-air shopping center, which was converted to an enclosed shopping center in the 1970’s. • At its peak, the mall contained 5 anchor department stores and 125 retailers/restaurants encompassing 1,184,426 SF. • The mall experienced a rapid decline in the 2010’s and entirely closed in March of 2020. The County then purchased the mall from Moonbeam and subsequently issued an RFP on Jan. 26, 2021. • OHB Redev, a joint-venture firm between three of CNY’s most prevalent development companies, joined forces and submitted a response to the County RFP, and was ultimately deemed the winning recipient on June 25, 2021. 23 Page23 Three Local Firms, One Common Mission. While just three years old, While most known for the billions With 50+ years in the retail market Redev CNY has over $90m in in construction built across NY, sector, Dalpos is among the completed or active projects Hueber Breuer is also engrained in preeminent design firms in the US, across CNY including: the development community, working on mall repositioning and adaptive reuses. Their experience including: includes: • The Penfield Manufacturing Complex • The Dietz Lantern Company • Livermore Premium Outlets – • The Whitney Lofts • Creekwalk Commons CA • Acropolis Center • The Doyle Building • Paragon Outlets – MD • Xavier Woods • Ansco Camera Factory • Iron Pier Apts- Syracuse • Isabella Lofts • Santa Maria Town Center - CA • The24Sullivan Page24 While just three years old, While most known for the billions With 50+ years in the retail market Redev CNY has over $90m in in construction built across NY, sector, Dalpos is among the completed or active projects Hueber Breuer is also engrained in preeminent design firms in the US, across CNY including: the development community, working on mall repositioning and adaptive reuses. Their experience including: includes: • The Penfield Manufacturing Complex • The Dietz Lantern Company • Livermore Premium Outlets – • The Whitney Lofts • Creekwalk Commons CA • Acropolis Center • The Doyle Building • Paragon Outlets – MD • Xavier Woods • Ansco Camera Factory • Iron Pier Apts- Syracuse • Isabella Lofts • Santa Maria Town Center - CA • The24Sullivan Page24 The Last 12 Months. • As the successful awardee, OHB jumped on the project and has met three to four times a week for the last year. • We hired an international design firm, CallisonRTKL and brought their team from all over the US, to Syracuse to have a three-day charrette, with the goal of designing a Master Plan community. • OHB brought on a team of other consultants and commissioned market studies, noise assessments, transportation studies, sewer water studies, and more to fully understand how the proposed development would affect the area. 25 Page25 The Last 12 Months. • We created a collaborative environment bringing in all the various stakeholders for input throughout the design process. • OHB hosted four neighborhood associations where we laid out the proposed project and solicited feedback – which will directly lead to continued improvements in the design. • We met with the Town of DeWitt Supervisor’s office regularly and solicited their feedback on the project. • OHB presented the proposed plan to multiple prospective, and likely future, tenants to solicit their feedback and support. 26 Page26 The Last 12 Months. • As the successful awardee, OHB jumped on the project and has met three to four times a week for the last year. • We hired an international design firm, CallisonRTKL and brought their team from all over the US, to Syracuse to have a three-day charrette, with the goal of designing a Master Plan community. • OHB brought on a team of other consultants and commissioned market studies, noise assessments, transportation studies, sewer water studies, and more to fully understand how the proposed development would affect the area. 25 Page25 The Last 12 Months. • We created a collaborative environment bringing in all the various stakeholders for input throughout the design process. • OHB hosted four neighborhood associations where we laid out the proposed project and solicited feedback – which will directly lead to continued improvements in the design. • We met with the Town of DeWitt Supervisor’s office regularly and solicited their feedback on the project. • OHB presented the proposed plan to multiple prospective, and likely future, tenants to solicit their feedback and support. 26 Page26 The REA. • In order to make any changes to the Property, the existing Reciprocal Easement Agreement (REA) must be abolished. • Signed late in 1995, the REA gives TransformCo, (the owner of the Sears and Sears Auto Center buildings), along with Benderson, (the owner of the Macy’s building) approval rights over any proposed development; including the architect, the name of the center, and all design elements. • Consolidating ownership is the only way to terminate the REA allowing ANY development to advance on the site. • OHB will be requesting the OCIDA to utilize their legal right of eminent domain to consolidate ownership, in the name of economic development, to allow for the redevelopment of the site. 27 Page27 The REA. • In order to make any changes to the Property, the existing Reciprocal Easement Agreement (REA) must be abolished. • Signed late in 1995, the REA gives TransformCo, (the owner of the Sears and Sears Auto Center buildings), along with Benderson, (the owner of the Macy’s building) approval rights over any proposed development; including the architect, the name of the center, and all design elements. • Consolidating ownership is the only way to terminate the REA allowing ANY development to advance on the site. • OHB will be requesting the OCIDA to utilize their legal right of eminent domain to consolidate ownership, in the name of economic development, to allow for the redevelopment of the site. 27 Page27 TransformCo. • OHB has made four written offers, held phone calls, responded to emails and has continually engaged with TransformCo, to acquire their sites. While they have had “For Sale” signs on the Properties and have them listed, TransformCo went more than a year before countering, and when they did, offered a sale price 5x the market rate. • Seritage, a sister company to TransformCo (both owned by Eddie Lampert) recently sold the Sears building at Great Northern Mall for $2.25m, or $15.31/ft. OHB’s final offer was in excess of $20/ft. • A full synopsis of the negotiations will be summarized in28the OCIDA application. Page28 Benderson. • OHB has engaged with Benderson’s counsel, as well as senior leadership since July 14th of 2021 to purchase the property and have never received a counter to our offers. • Benderson owns “Marshall’s Plaza” across the street from the Shoppingtown Site and is not motivated to allow any development to advance on the site. • A full synopsis of the negotiations will be summarized in the OCIDA application. 29 Page29 TransformCo. • OHB has made four written offers, held phone calls, responded to emails and has continually engaged with TransformCo, to acquire their sites. While they have had “For Sale” signs on the Properties and have them listed, TransformCo went more than a year before countering, and when they did, offered a sale price 5x the market rate. • Seritage, a sister company to TransformCo (both owned by Eddie Lampert) recently sold the Sears building at Great Northern Mall for $2.25m, or $15.31/ft. OHB’s final offer was in excess of $20/ft. • A full synopsis of the negotiations will be summarized in28the OCIDA application. Page28 Benderson. • OHB has engaged with Benderson’s counsel, as well as senior leadership since July 14th of 2021 to purchase the property and have never received a counter to our offers. • Benderson owns “Marshall’s Plaza” across the street from the Shoppingtown Site and is not motivated to allow any development to advance on the site. • A full synopsis of the negotiations will be summarized in the OCIDA application. 29 Page29 Goals of a Master Plan Community. In our charrette with Callison, we established our design principles… • Focus on the experience – creating an integrated experience for residents, employees, and visitors, alike • Create a centralized “heart” within the community • Accessible and active all year round • Spotlight regional resources: Empire State Trail, Fingerlake Wineries, Premier local/regional businesses • Include multiple forms of housing – market rentals, condos, senior housing, workforce housing, and single-family townhomes 30 Page30 31 Page31 32 Page32 33 Page33 34 Page34 35 Page35 District East. • When complete, District East will be home to: • 500+ new residences! • 170,000 SF in new medical/office space • 250,000 SF of high-quality retail • Outdoor Activity Space! • 120,000 SF of new higher-education institutional use! 36 Page36 Any tenant names shown are proposed. Goals of a Master Plan Community. In our charrette with Callison, we established our design principles… • Focus on the experience – creating an integrated experience for residents, employees, and visitors, alike • Create a centralized “heart” within the community • Accessible and active all year round • Spotlight regional resources: Empire State Trail, Fingerlake Wineries, Premier local/regional businesses • Include multiple forms of housing – market rentals, condos, senior housing, workforce housing, and single-family townhomes 30 Page30 31 Page31 32 Page32 33 Page33 34 Page34 35 Page35 District East. • When complete, District East will be home to: • 500+ new residences! • 170,000 SF in new medical/office space • 250,000 SF of high-quality retail • Outdoor Activity Space! • 120,000 SF of new higher-education institutional use! 36 Page36 Any tenant names shown are proposed. District East. • A national, high-quality grocer! • A new “Theatery” (Dining Movie-theater) • Over 4 acres of parks, walking paths, splash pads, dog parks, performance spaces and more! • Improved connectivity to the local neighborhoods for easier accessibility! 37 Page37 Regional • District East has projected annual sales of over $150m, not including medical or office uses, resulting in over Economic $12m in new revenue for the County/State each year in sales tax revenue. Impact. • The Project is expected to draw 3.5m annual visitors with 25.6% of visitors coming from OUTSIDE the CNY region! • Those out-of-town visitors are projected to spend $435m annually throughout their trip to the CNY region! • During construction, District East will support approx. 950 construction jobs! • When complete, the site will support 1,450 new jobs across office, 38 medical, retail, grocery and other uses! Page38 District East. • A national, high-quality grocer! • A new “Theatery” (Dining Movie-theater) • Over 4 acres of parks, walking paths, splash pads, dog parks, performance spaces and more! • Improved connectivity to the local neighborhoods for easier accessibility! 37 Page37 Regional • District East has projected annual sales of over $150m, not including medical or office uses, resulting in over Economic $12m in new revenue for the County/State each year in sales tax revenue. Impact. • The Project is expected to draw 3.5m annual visitors with 25.6% of visitors coming from OUTSIDE the CNY region! • Those out-of-town visitors are projected to spend $435m annually throughout their trip to the CNY region! • During construction, District East will support approx. 950 construction jobs! • When complete, the site will support 1,450 new jobs across office, 38 medical, retail, grocery and other uses! Page38 The Road To District East. • OHB has prepared a ten-stage development plan to complete the project, though expect to have multiple “stages” being built at the same time. • The initial stage, which will begin shortly after the consolidation of ownership, will be the demolition of ~80% of the existing mall and the building of the site’s infrastructure including new roads, sidewalks, green spaces, electric/water/sewer, and more. • Thereafter, each stage is programmed bringing residential, retail and office to the site in a progressive, thoughtful and safe approach. • It is OHB’s expectation that the entirety of District East will be built in 5-7 years. 39 Page39 Stage 0 – Demo, Infrastructure, and Parks 40 Page40 Stage 01 – Residential, Retail, Medical 41 Page41 Stage 02 – Residential and Grocer 42 Page42 Stage 03 – Residential and Retail 43 Page43 Stage 04 – Residential and Retail 44 Page44 Stage 05 – Residential, Retail, Parking Deck and Institutional 45 Page45 Stage 06 – Residential, Retail, Theater, Entertainment The Road To District East. • OHB has prepared a ten-stage development plan to complete the project, though expect to have multiple “stages” being built at the same time. • The initial stage, which will begin shortly after the consolidation of ownership, will be the demolition of ~80% of the existing mall and the building of the site’s infrastructure including new roads, sidewalks, green spaces, electric/water/sewer, and more. • Thereafter, each stage is programmed bringing residential, retail and office to the site in a progressive, thoughtful and safe approach. • It is OHB’s expectation that the entirety of District East will be built in 5-7 years. 39 Page39 Stage 0 – Demo, Infrastructure, and Parks 40 Page40 Stage 01 – Residential, Retail, Medical 41 Page41 Stage 02 – Residential and Grocer 42 Page42 Stage 03 – Residential and Retail 43 Page43 Stage 04 – Residential and Retail 44 Page44 Stage 05 – Residential, Retail, Parking Deck and Institutional 45 Page45 Stage 06 – Residential, Retail, Theater, Entertainment 46 Page46 Stage 07 – Residential, Medical Office, And Retail 47 Page47 Stage 08 – Residential, High-Rise Condo Tower (8 stories), And Retail 48 Page48 Stage 09 – Residential, Institutional, And Retail 49 Page49 Stage 10 – Residential And Retail 50 Page50 The Redevelopment of Shoppingtown Mall 51 Page51 46 Page46 Stage 07 – Residential, Medical Office, And Retail 47 Page47 Stage 08 – Residential, High-Rise Condo Tower (8 stories), And Retail 48 Page48 Stage 09 – Residential, Institutional, And Retail 49 Page49 Stage 10 – Residential And Retail 50 Page50 The Redevelopment of Shoppingtown Mall 51 Page51