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1- PHONE: 315.435.3770 FAX: 315.435.3669 ONGOVED.COM Regular Meeting Agenda June 8, 2023 8:30 AM Call to Order the Governance Committee 8:40 AM Call to Order the Regular Meeting of the Agency A. Approval of Minutes: May 11, 2023 B. Treasurer’s Report C. Payment of Bills D. Conflict of Interest Action Items:
1. Wallace Supply, LLC d/b/a JSWG Supply, LLC & 6808 Crossbow Drive, LLC(3101- 23-04A) Second Meeting 6808 Crossbow Drive, LLC and Wallace Group, LLC are proposing construction of an approximately 30,000 square foot warehouse and distribution building including approximately 2,500 square feet of office/show/training space in the Town of Dewitt. The applicant is requesting exemptions from certain sales and use taxes, real property taxes, real estate transfer taxes and mortgage recording taxes.
Agency Action Requested:
a. A resolution of the Board to authorize adoption of SEQRA determination.
b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes.
1- PHONE: 315.435.3770 FAX: 315.435.3669 ONGOVED.COM Regular Meeting Agenda June 8, 2023 8:30 AM Call to Order the Governance Committee 8:40 AM Call to Order the Regular Meeting of the Agency A. Approval of Minutes: May 11, 2023 B. Treasurer’s Report C. Payment of Bills D. Conflict of Interest Action Items:
1. Wallace Supply, LLC d/b/a JSWG Supply, LLC & 6808 Crossbow Drive, LLC(3101- 23-04A) Second Meeting 6808 Crossbow Drive, LLC and Wallace Group, LLC are proposing construction of an approximately 30,000 square foot warehouse and distribution building including approximately 2,500 square feet of office/show/training space in the Town of Dewitt. The applicant is requesting exemptions from certain sales and use taxes, real property taxes, real estate transfer taxes and mortgage recording taxes.
Agency Action Requested:
a. A resolution of the Board to authorize adoption of SEQRA determination.
b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes.
Representative: Joshua W. Podkaminer, 6808 Crossbow Drive, LLC, JWP Commercial and Craig Wallace, Wallace Supply, LLC d/b/a JSWG Supply, LLC 2. Bluefors Cryocooler Technologies Inc. (3101-22-08A) Modification Meeting Bluefors Cryocooler Technologies Inc., formerly the Cryomech Inc. Project, is requesting an extension of the temporary sales and use tax exemption.
Agency Action Requested:
a. A resolution of the Board authorizing an extension of the temporary sales and use tax exemption for Bluefors Crycooler Technologies Inc.
Representative: Vince Raymond, VIP Structures, Inc 3. Southworth-Milton, Inc. (d/b/a Milton Cat) (3101-20-18A) Modification Meeting Southworth-Milton, Inc d/b/a Milton Cat is requesting an increase to its sales and use exemption amount from $1,040,000 to $1,240,000 and an extension of the end date of its sales and use tax exemption.
Agency Action Requested:
a. A resolution of the Board authorizing a public hearing and authorizing an extension to the sales and use tax exemption for Southworth-Milton, Inc. d/b/a Milton Cat.
Representative: Tony Mancuso, Milton Cat Representative
Ratifying Execution of Lender Documents and Amendment to Certain Project Documents Agency Action Requested:
Representative: Joshua W. Podkaminer, 6808 Crossbow Drive, LLC, JWP Commercial and Craig Wallace, Wallace Supply, LLC d/b/a JSWG Supply, LLC 2. Bluefors Cryocooler Technologies Inc. (3101-22-08A) Modification Meeting Bluefors Cryocooler Technologies Inc., formerly the Cryomech Inc. Project, is requesting an extension of the temporary sales and use tax exemption.
Agency Action Requested:
a. A resolution of the Board authorizing an extension of the temporary sales and use tax exemption for Bluefors Crycooler Technologies Inc.
Representative: Vince Raymond, VIP Structures, Inc 3. Southworth-Milton, Inc. (d/b/a Milton Cat) (3101-20-18A) Modification Meeting Southworth-Milton, Inc d/b/a Milton Cat is requesting an increase to its sales and use exemption amount from $1,040,000 to $1,240,000 and an extension of the end date of its sales and use tax exemption.
Agency Action Requested:
a. A resolution of the Board authorizing a public hearing and authorizing an extension to the sales and use tax exemption for Southworth-Milton, Inc. d/b/a Milton Cat.
Representative: Tony Mancuso, Milton Cat Representative
Ratifying Execution of Lender Documents and Amendment to Certain Project Documents Agency Action Requested:
a. A resolution of the board ratifying the execution and delivery of mortgage and related documents and authorizing an omnibus amendment to certain project documents. Representative: Amanda Fitzgerald, OCIDA Legal Counsel, Barclay Damon
Agency Action Requested:
a. A resolution of the board adopting the revised Agency Project Application. Representative: Nancy Lowery, Secretary, OCIDA 2
The Agency extends the contract for Government Relations for a one-year period. Agency Action Requested:
a. A resolution of the Board authorizing the extension of our accounting one year Park Strategy is appointed as Government Relations Representative: Robert Petrovich, Executive Director, OCIDA Adjourn 3
Onondaga County Industrial Development Agency Regular Meeting Minutes May 11, 2023 A regular meeting of the Onondaga County Industrial Development Agency was held on Thursday, May 11, 2023 at 335 Montgomery Street, Syracuse, New York in the large conference room Floor 2M.
Patrick Hogan called the meeting to order at 8:36 am with the following:
PRESENT:
Patrick Hogan Janice Herzog Susan Stanczyk Kevin Ryan Cydney Johnson Elizabeth Dreyfuss a. A resolution of the board ratifying the execution and delivery of mortgage and related documents and authorizing an omnibus amendment to certain project documents. Representative: Amanda Fitzgerald, OCIDA Legal Counsel, Barclay Damon
Agency Action Requested:
a. A resolution of the board adopting the revised Agency Project Application. Representative: Nancy Lowery, Secretary, OCIDA 2
The Agency extends the contract for Government Relations for a one-year period. Agency Action Requested:
a. A resolution of the Board authorizing the extension of our accounting one year Park Strategy is appointed as Government Relations Representative: Robert Petrovich, Executive Director, OCIDA Adjourn 3
Onondaga County Industrial Development Agency Regular Meeting Minutes May 11, 2023 A regular meeting of the Onondaga County Industrial Development Agency was held on Thursday, May 11, 2023 at 335 Montgomery Street, Syracuse, New York in the large conference room Floor 2M.
Patrick Hogan called the meeting to order at 8:36 am with the following:
PRESENT:
Patrick Hogan Janice Herzog Susan Stanczyk Kevin Ryan Cydney Johnson Elizabeth Dreyfuss
ABSENT:
Fanny Villarreal
ALSO PRESENT:
Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Svetlana Dyer, Assistant Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Len Rauch, Economic Development Jeff Davis, Barclay Damon Law Firm Amanda Fitzgerald, Barclay Damon Law Firm Lisa Pallesthi, Syracuse Habitat for Humanity Mike Moehringer, Clinton’s Ditch John Dunn, Clinton’s Ditch JonElle Baskin-Kelley, Clinton’s Ditch Noelle Meyer, Clinton’s Ditch Josh Podkaminer, Wallace Group, LLC John Anderson Tim Knauss APPROVAL OF REGULAR MEETING MINUTES – APRIL 13, 2023 Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved the regular meeting minutes of April 13, 2023. Motion was carried.
TREASURER’S REPORT Alexis Rodriguez gave a brief review of the Treasurer’s Report for the month of April 2023. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved the Treasurer’s Report for the month of April 2023. Motion was carried.
ABSENT:
Fanny Villarreal
ALSO PRESENT:
Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Svetlana Dyer, Assistant Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Len Rauch, Economic Development Jeff Davis, Barclay Damon Law Firm Amanda Fitzgerald, Barclay Damon Law Firm Lisa Pallesthi, Syracuse Habitat for Humanity Mike Moehringer, Clinton’s Ditch John Dunn, Clinton’s Ditch JonElle Baskin-Kelley, Clinton’s Ditch Noelle Meyer, Clinton’s Ditch Josh Podkaminer, Wallace Group, LLC John Anderson Tim Knauss APPROVAL OF REGULAR MEETING MINUTES – APRIL 13, 2023 Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved the regular meeting minutes of April 13, 2023. Motion was carried.
TREASURER’S REPORT Alexis Rodriguez gave a brief review of the Treasurer’s Report for the month of April 2023. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved the Treasurer’s Report for the month of April 2023. Motion was carried.
Alexis Rodriguez gave a brief review of the Payment of Bills Schedule #481.
Patrick Hogan asked about the payment to Pirro Funeral Cars, LLC. Robert Petrovich stated a car was needed to transport two people down to Albany. He stated because of meetings early the next day they could not stay overnight. He stated as a result of that they avoided the cost of two hotel rooms, meals and mileage.
Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved the Payment of Bills Schedule #481 for $25,711.56. Motion was carried.
Alexis Rodriguez gave a brief review of the Payment of Bills Schedule #481.
Patrick Hogan asked about the payment to Pirro Funeral Cars, LLC. Robert Petrovich stated a car was needed to transport two people down to Albany. He stated because of meetings early the next day they could not stay overnight. He stated as a result of that they avoided the cost of two hotel rooms, meals and mileage.
Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved the Payment of Bills Schedule #481 for $25,711.56. Motion was carried.
The Conflict of Interest was circulated and Kevin Ryan reported a conflict with PBFF Drakes LLC.
The Conflict of Interest was circulated and Kevin Ryan reported a conflict with PBFF Drakes LLC.
Robert Petrovich stated we are undertaking the design for the razing of the homes that are along Burnet Road that the IDA owns. He stated instead of just demolishing the homes and taking them to a landfill, IDA staff came up with the idea of integrating with Habitat for Humanity to see if they could salvage any of the windows, doors and other items from these houses and repurpose them for their needs and disperse them through the greater community. He stated we think it's a win-win. He stated before any of the houses are taken down we are going to allow Habitat about a month to get in with their crew to be able to repurpose some of the building materials on site.
2 Amanda Fitzgerald stated under the Public Authority’s Law there is a $15,000 threshold regarding disposal of property. She stated Habitat has provided a appraisal from the 14 houses where they will be taking some of the reusable items that shows it will come in under the $15,000 threshold. She stated the disposal of this property will be for what the Agency purpose is, it will promote economic development with the use of this property that would otherwise just be put into a land fill. She stated this is in the best interest of the Agency so it falls appropriately under the disposal in the Public Authority’s Law.
Robert Petrovich stated we are undertaking the design for the razing of the homes that are along Burnet Road that the IDA owns. He stated instead of just demolishing the homes and taking them to a landfill, IDA staff came up with the idea of integrating with Habitat for Humanity to see if they could salvage any of the windows, doors and other items from these houses and repurpose them for their needs and disperse them through the greater community. He stated we think it's a win-win. He stated before any of the houses are taken down we are going to allow Habitat about a month to get in with their crew to be able to repurpose some of the building materials on site.
2 Amanda Fitzgerald stated under the Public Authority’s Law there is a $15,000 threshold regarding disposal of property. She stated Habitat has provided a appraisal from the 14 houses where they will be taking some of the reusable items that shows it will come in under the $15,000 threshold. She stated the disposal of this property will be for what the Agency purpose is, it will promote economic development with the use of this property that would otherwise just be put into a land fill. She stated this is in the best interest of the Agency so it falls appropriately under the disposal in the Public Authority’s Law.
Patrick Hogan stated Habitat for Humanity is a great community resource.
Lisa Pallesthi stated Habitat for Humanity is thankful for the opportunity. She stated they love getting volunteers out on any extra projects.
Pat Hogan stated he knows a lot of small landlords that have used the resources and it helps the community at large and the near west side. He stated he really appreciates them being there. Susan Stanczyk asked if they take just doors and windows or do they take vanities, countertops and things like that. Lisa Pallesthi stated the store takes most reusable building materials. She stated they sell paint through a paint program and they take furniture. She stated their process is that it goes to our restore manager and they approve everything before we it pick up. Susan Stanczyk asked if it is because of the cap that it is limited to just doors and windows. Lisa Pallesthi stated from viewing of the property that is mostly what they would be able to take. She stated a lot of the cabinets and things have already been removed.
Robert Petrovich stated as part of the transactions struck with prior owners they were allowed to take whatever they wanted out of the interior and even in some cases the exterior of the property. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing a disposition of property. Motion was carried.
CLINTON’S DITCH CO-OPERATIVE COMPANY INC. (3101-23-04A) INITIAL MEETING Patrick Hogan stated Habitat for Humanity is a great community resource.
Lisa Pallesthi stated Habitat for Humanity is thankful for the opportunity. She stated they love getting volunteers out on any extra projects.
Pat Hogan stated he knows a lot of small landlords that have used the resources and it helps the community at large and the near west side. He stated he really appreciates them being there. Susan Stanczyk asked if they take just doors and windows or do they take vanities, countertops and things like that. Lisa Pallesthi stated the store takes most reusable building materials. She stated they sell paint through a paint program and they take furniture. She stated their process is that it goes to our restore manager and they approve everything before we it pick up. Susan Stanczyk asked if it is because of the cap that it is limited to just doors and windows. Lisa Pallesthi stated from viewing of the property that is mostly what they would be able to take. She stated a lot of the cabinets and things have already been removed.
Robert Petrovich stated as part of the transactions struck with prior owners they were allowed to take whatever they wanted out of the interior and even in some cases the exterior of the property. Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing a disposition of property. Motion was carried.
CLINTON’S DITCH CO-OPERATIVE COMPANY INC. (3101-23-04A) INITIAL MEETING 3 Mike Moehringer stated he was the general manager for 11 years and he has just recently retired but is staying engaged on this project as he got it started. He introduced John Dunn who is taking over as general manager and JonElle Baskin-Kelly who is the CFO. Mike Moehringer stated Clinton’s Ditch is a franchise owned Pepsi filler. He stated they are owned by Pepsi franchises throughout New York State and they fill soda and water. He stated they have can lines and fountain lines where they make all kinds of products for the market place. He stated they supply grocery stores and convenient stores which is the nature of their business. He stated it has been there since 1968 and they have grown organically over the years. He stated 11 years ago Clinton’s Ditch was doing 17 million cases and they are up to 28 million cases so the business has grown. He stated their workforce is the United Steel Workers and they have had a really good rapport with the USW his entire time at Clinton’s Ditch. He stated they are great paying jobs and good benefits. He stated discussion with the ownership, they would like to see that business grow with getting to between 35-40 million cases over time. He stated right now because of their physical constraints they are unable to do that so they are stuck, hence the project. He stated this project needs to be done in phases because they have property with some restrictions, pieces of wetland and so forth. He stated they can’t just take the building addition and put it on the building. He stated they have to do some rearranging of how their property is situated. He stated the nature of this project is basically 3 phases. He stated the first phase is relocating the employee parking, locker rooms and all of that to one side of the building and putting in a bulk receiving loop for all the bulk materials that come into their plant like sugars, CO2, Nitrogen and supplies needed. He stated they need to move the parking and bulk receiving loop so they can move their current employee lot into the new area. He stated the old employee parking lot is where the new transportation center and where the new plant division would be. He stated the 2 buildings being built on the property will be for transportation that will be able to service their fleet. He stated they have a fleet that is a competitive advantage for their business. He stated they have 42 tractors and 182 trailers that service this business. He stated they are shipping about 70 loads a day. He stated that fleet is now serviced by two-bit garage built in the 1970s. He stated they need to contract work out because they can no longer support their fleet with this garage. He stated they want to put in a state of the art repair facility and relocate it to their property where it makes more sense. (A map was distributed to the Board Members.) He stated the bulk delivery area would be phase 2 for the truck repair facility and ultimately they would do a facility expansion along the exiting building. He stated the expansion is going to allow them to do 2 things; it will allow them to service a fleet that has been a competitive advantage for a long time and it is going to allow them to build approximately 125,000 square 3 Mike Moehringer stated he was the general manager for 11 years and he has just recently retired but is staying engaged on this project as he got it started. He introduced John Dunn who is taking over as general manager and JonElle Baskin-Kelly who is the CFO. Mike Moehringer stated Clinton’s Ditch is a franchise owned Pepsi filler. He stated they are owned by Pepsi franchises throughout New York State and they fill soda and water. He stated they have can lines and fountain lines where they make all kinds of products for the market place. He stated they supply grocery stores and convenient stores which is the nature of their business. He stated it has been there since 1968 and they have grown organically over the years. He stated 11 years ago Clinton’s Ditch was doing 17 million cases and they are up to 28 million cases so the business has grown. He stated their workforce is the United Steel Workers and they have had a really good rapport with the USW his entire time at Clinton’s Ditch. He stated they are great paying jobs and good benefits. He stated discussion with the ownership, they would like to see that business grow with getting to between 35-40 million cases over time. He stated right now because of their physical constraints they are unable to do that so they are stuck, hence the project. He stated this project needs to be done in phases because they have property with some restrictions, pieces of wetland and so forth. He stated they can’t just take the building addition and put it on the building. He stated they have to do some rearranging of how their property is situated. He stated the nature of this project is basically 3 phases. He stated the first phase is relocating the employee parking, locker rooms and all of that to one side of the building and putting in a bulk receiving loop for all the bulk materials that come into their plant like sugars, CO2, Nitrogen and supplies needed. He stated they need to move the parking and bulk receiving loop so they can move their current employee lot into the new area. He stated the old employee parking lot is where the new transportation center and where the new plant division would be. He stated the 2 buildings being built on the property will be for transportation that will be able to service their fleet. He stated they have a fleet that is a competitive advantage for their business. He stated they have 42 tractors and 182 trailers that service this business. He stated they are shipping about 70 loads a day. He stated that fleet is now serviced by two-bit garage built in the 1970s. He stated they need to contract work out because they can no longer support their fleet with this garage. He stated they want to put in a state of the art repair facility and relocate it to their property where it makes more sense. (A map was distributed to the Board Members.) He stated the bulk delivery area would be phase 2 for the truck repair facility and ultimately they would do a facility expansion along the exiting building. He stated the expansion is going to allow them to do 2 things; it will allow them to service a fleet that has been a competitive advantage for a long time and it is going to allow them to build approximately 125,000 square 4 feet onto the building that will allow them to layout lines more effectively, add production capacity so they can grow and will really make the business viable for the next 20-30 years. He stated they are in a business where if you can’t grow you are kind of stuck. He stated the soda business is very volume oriented in terms of keeping the costs in check. He stated the business really needs to continue to grow its volume and that is why this project is so important. He stated he thinks it locks Clinton’s Ditch into Central New York for a long time. He stated there is a lot of excitement in town with Micron and that is going to be great for the area so they are probably going to be competing with them for talent down the road. He stated they have been quietly under the radar for long time. He stated they have a promotional campaign for employees as they compete for talent and they just want to grow, the owners want to grow and want to see this to continue to be viable for the next several decades.
Patrick Hogan stated the Board has heard from other builders about the significant cost increases as far as materials. He asked if they are creating 15 more jobs for their expansion. Mike Moehringer stated yes and this will help them expand jobs over time. He stated they are working with C & S Companies.
4 feet onto the building that will allow them to layout lines more effectively, add production capacity so they can grow and will really make the business viable for the next 20-30 years. He stated they are in a business where if you can’t grow you are kind of stuck. He stated the soda business is very volume oriented in terms of keeping the costs in check. He stated the business really needs to continue to grow its volume and that is why this project is so important. He stated he thinks it locks Clinton’s Ditch into Central New York for a long time. He stated there is a lot of excitement in town with Micron and that is going to be great for the area so they are probably going to be competing with them for talent down the road. He stated they have been quietly under the radar for long time. He stated they have a promotional campaign for employees as they compete for talent and they just want to grow, the owners want to grow and want to see this to continue to be viable for the next several decades.
Patrick Hogan stated the Board has heard from other builders about the significant cost increases as far as materials. He asked if they are creating 15 more jobs for their expansion. Mike Moehringer stated yes and this will help them expand jobs over time. He stated they are working with C & S Companies.
Robert Petrovich asked what the current employment is. Mike Moehringer stated they have about 280 employees. He stated 60 over the road drivers and the balance is in the plant and salary staff. John Dunn stated they outsource to DeWitt for an outside warehouse. He stated they would like to get back under one roof in Cicero.
Mike Moehringer stated one of the ways they bought themselves some space temporarily was to do a 5-10 year lease at the old New Process Gear property. He stated that is helping but they would love to bring that back on the property. John Dunn stated bringing that back to the property will reduce the traffic. He stated now they take product over there and shipping out of there and if they keep it all in house they will just move it once.
Elizabeth Dreyfuss asked what the square footage of the plant now and how much are they adding. John Dunn stated they are at 279,000 sq ft and adding 120,000 sq ft. Mike Moehringer stated that does not include the garage/transportation center which is 20,000 sq ft. Mike Moehringer stated this will be the biggest investment in Central New York the owners of Clinton’s Ditch have made since they founded the company in 1968.
5 Robert Petrovich asked what the current employment is. Mike Moehringer stated they have about 280 employees. He stated 60 over the road drivers and the balance is in the plant and salary staff. John Dunn stated they outsource to DeWitt for an outside warehouse. He stated they would like to get back under one roof in Cicero.
Mike Moehringer stated one of the ways they bought themselves some space temporarily was to do a 5-10 year lease at the old New Process Gear property. He stated that is helping but they would love to bring that back on the property. John Dunn stated bringing that back to the property will reduce the traffic. He stated now they take product over there and shipping out of there and if they keep it all in house they will just move it once.
Elizabeth Dreyfuss asked what the square footage of the plant now and how much are they adding. John Dunn stated they are at 279,000 sq ft and adding 120,000 sq ft. Mike Moehringer stated that does not include the garage/transportation center which is 20,000 sq ft. Mike Moehringer stated this will be the biggest investment in Central New York the owners of Clinton’s Ditch have made since they founded the company in 1968.
5 Janice Herzog stated the application talks about the structure as a cooperative and the customers are the business owners and not a source of funding. She asked if they don’t do the project would they find another company that does the bottling. Mike Moehringer stated they have some owners that have shared ownership with other co-ops in Massachusetts. He stated new opportunities could easily go into Massachusetts as opposed to going with Clinton’s Ditch. He stated they all service the northeast. He stated they ship as far south as into Maryland. He stated most of their business is in upstate New York down to New Jersey. He stated if they can’t expand someone else is going to get that volume because the business does grow.
Janice Herzog asked if the owners will provide funding for this project. Mike Moehringer stated they would provide funding by retaining some of the profits. JonElle Baskin-Kelley stated the patronage goes back to the owners at the end of the year so they are foregoing that patronage as their part of financing the project. She stated it is primarily going to be a mortgage with M & T bank supported with 3 years of patronage from the owners which is about $7,000,000. She stated they have also gone to the state for some Empire State Development funding and they are waiting to see if they receive it.
Janice Herzog stated the application talks about the structure as a cooperative and the customers are the business owners and not a source of funding. She asked if they don’t do the project would they find another company that does the bottling. Mike Moehringer stated they have some owners that have shared ownership with other co-ops in Massachusetts. He stated new opportunities could easily go into Massachusetts as opposed to going with Clinton’s Ditch. He stated they all service the northeast. He stated they ship as far south as into Maryland. He stated most of their business is in upstate New York down to New Jersey. He stated if they can’t expand someone else is going to get that volume because the business does grow.
Janice Herzog asked if the owners will provide funding for this project. Mike Moehringer stated they would provide funding by retaining some of the profits. JonElle Baskin-Kelley stated the patronage goes back to the owners at the end of the year so they are foregoing that patronage as their part of financing the project. She stated it is primarily going to be a mortgage with M & T bank supported with 3 years of patronage from the owners which is about $7,000,000. She stated they have also gone to the state for some Empire State Development funding and they are waiting to see if they receive it.
Upon a motion by Kevin Ryan, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing a public hearing for Clinton’s Ditch Co-operative Company, Inc. Motion was carried.
Upon a motion by Kevin Ryan, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing a public hearing for Clinton’s Ditch Co-operative Company, Inc. Motion was carried.
Josh Podkaminer stated he started out as a commercial real estate broker and he continues to work in commercial real estate business on a day to day basis. He stated his main business is JWP Commercial and they are located downtown in Clinton Square. He stated they handle property management, brokerage and also development. He stated there is not a lot of warehouse space, especially modern warehouse space in our marketplace. He stated his involvement with this project started as a listing. He stated there are two parcels that are now owned by the estate of Jack Tobin of JK Tobin Construction. He stated after about a year on the market they had zero offers. He stated part of that was because there was a pocket of wetland and they didn't have anybody ready to build on that land. He stated they came to him and asked 6
Josh Podkaminer stated he started out as a commercial real estate broker and he continues to work in commercial real estate business on a day to day basis. He stated his main business is JWP Commercial and they are located downtown in Clinton Square. He stated they handle property management, brokerage and also development. He stated there is not a lot of warehouse space, especially modern warehouse space in our marketplace. He stated his involvement with this project started as a listing. He stated there are two parcels that are now owned by the estate of Jack Tobin of JK Tobin Construction. He stated after about a year on the market they had zero offers. He stated part of that was because there was a pocket of wetland and they didn't have anybody ready to build on that land. He stated they came to him and asked 6 to be a bit more creative to figure out a solution. He stated they took it on and tried to develop the property themselves. He stated one of the things they struggle with is the speed to market. He stated they may receive a call looking for 20,000 or 30,000 square feet of warehouse space but the time to market to find a piece of land, have it in title and build is approximately two years. He stated what they set out to do was shorten the timeframe on a time to market basis and take the risk to have the approvals in place. He stated if they had somebody willing to step up and support new construction pricing for a project they could shorten the timeframe from approximately two years to one year. He stated he funded this and got work through the Town of DeWitt. He stated the parcel is an odd configuration but there was a pocket of wetland they worked through with GZA engineering and the Army Corps of Engineers. He stated that pocket of wetlands was determined to be isolated and non-jurisdictional and once they receive that it helped their planning. He stated in the south portion of the park parcel is National Grid, high voltage power lines. He stated in part of their planning what was recommended by National Grid was to try and stay as far away from those power lines as possible. He stated originally they had a building configuration in the back but they wanted to rotate that to have more distance from the power lines. He stated one of the troubles was the Town of DeWitt determined it to have two front yard setbacks because there's an angle which would limit their site plan. He stated they went to Town of DeWitt and said if that is the determination of the front yard setback, they would like to buy the triangle which is .16 acres of land that they are not using for any purpose but it is part of the road. He stated that would allow the front yard setback to sweep around the Crossbow Drive rather than square around Crossbow Drive which allows them to shift the building away from the high voltage power lines. He stated the Town agreed to do that but they had to pay for all the surveying costs, the appraisal, the valuation and extension of the road and provide a truck turn around or a plow turn around driving up the overall cost of the project. He stated they have a Town of DeWitt approval contingent on finalizing that triangle. He stated one would be a 30,000 square foot building and the other would be a 20,000 square foot building that would have a shared truck court. He stated building A, 6808 Crossbow Drive is why they are before the Board today. He stated they have a letter of intent signed and a lease pending with Johnstone Supply. He stated the actual entity is called Wallace supply LLC. He stated Johnstone Supply is a national cooperative in the HVAC distribution business. He stated Wallace Supply is trying to expand their offerings and just on time delivery.
to be a bit more creative to figure out a solution. He stated they took it on and tried to develop the property themselves. He stated one of the things they struggle with is the speed to market. He stated they may receive a call looking for 20,000 or 30,000 square feet of warehouse space but the time to market to find a piece of land, have it in title and build is approximately two years. He stated what they set out to do was shorten the timeframe on a time to market basis and take the risk to have the approvals in place. He stated if they had somebody willing to step up and support new construction pricing for a project they could shorten the timeframe from approximately two years to one year. He stated he funded this and got work through the Town of DeWitt. He stated the parcel is an odd configuration but there was a pocket of wetland they worked through with GZA engineering and the Army Corps of Engineers. He stated that pocket of wetlands was determined to be isolated and non-jurisdictional and once they receive that it helped their planning. He stated in the south portion of the park parcel is National Grid, high voltage power lines. He stated in part of their planning what was recommended by National Grid was to try and stay as far away from those power lines as possible. He stated originally they had a building configuration in the back but they wanted to rotate that to have more distance from the power lines. He stated one of the troubles was the Town of DeWitt determined it to have two front yard setbacks because there's an angle which would limit their site plan. He stated they went to Town of DeWitt and said if that is the determination of the front yard setback, they would like to buy the triangle which is .16 acres of land that they are not using for any purpose but it is part of the road. He stated that would allow the front yard setback to sweep around the Crossbow Drive rather than square around Crossbow Drive which allows them to shift the building away from the high voltage power lines. He stated the Town agreed to do that but they had to pay for all the surveying costs, the appraisal, the valuation and extension of the road and provide a truck turn around or a plow turn around driving up the overall cost of the project. He stated they have a Town of DeWitt approval contingent on finalizing that triangle. He stated one would be a 30,000 square foot building and the other would be a 20,000 square foot building that would have a shared truck court. He stated building A, 6808 Crossbow Drive is why they are before the Board today. He stated they have a letter of intent signed and a lease pending with Johnstone Supply. He stated the actual entity is called Wallace supply LLC. He stated Johnstone Supply is a national cooperative in the HVAC distribution business. He stated Wallace Supply is trying to expand their offerings and just on time delivery.
Patrick Hogan asked if they are located in the city at this time. Josh Podkaminer stated yes. 7 Patrick Hogan asked who they lease from in the city. Josh Podkaminer stated they lease from the former owner of Johnstone Supply, Ken Livingstone. He stated he was originally on the north side of 690 and his building was taken in 2016 as part of a DOT project through eminent domain forcing him to make a quick decision and bought the old Dellas Graphics building at 835 Canal Street. He stated the facility is very tight on land, it doesn't have proper docking or ceiling heights. He stated it is a multi-story facility and the bricks are falling off. He stated it is a leased facility and it's been an active search with the current owner of Johnstone Supply to find a more modern facility for their expansion.
Patrick Hogan asked if they had a broker to do that search. Josh Podkaminer stated he assisted them on the front end of the search. He stated they had taken short term space in the city which located at 601 Erie Boulevard West and they are moving things from one facility to the other trying to buy some time until a new facility came up and they have not found any facilities in the city or the county in that timeframe that would meet their needs.
Patrick Hogan asked if they are located in the city at this time. Josh Podkaminer stated yes. 7 Patrick Hogan asked who they lease from in the city. Josh Podkaminer stated they lease from the former owner of Johnstone Supply, Ken Livingstone. He stated he was originally on the north side of 690 and his building was taken in 2016 as part of a DOT project through eminent domain forcing him to make a quick decision and bought the old Dellas Graphics building at 835 Canal Street. He stated the facility is very tight on land, it doesn't have proper docking or ceiling heights. He stated it is a multi-story facility and the bricks are falling off. He stated it is a leased facility and it's been an active search with the current owner of Johnstone Supply to find a more modern facility for their expansion.
Patrick Hogan asked if they had a broker to do that search. Josh Podkaminer stated he assisted them on the front end of the search. He stated they had taken short term space in the city which located at 601 Erie Boulevard West and they are moving things from one facility to the other trying to buy some time until a new facility came up and they have not found any facilities in the city or the county in that timeframe that would meet their needs.
Patrick Hogan asked if Mr. Podkaminer was a broker for Johnstone Supply looking for space and found space for them in his place. Josh Podkaminer stated he couldn’t find anything in the marketplace so he shared with Johnstone a project they had been working on and they had continued interest to move it forward.
Patrick Hogan asked if Mr. Podkaminer is a partner in Johnstone Supply or if he is just the broker. Josh Podkaminer stated they were the broker assisting them in a market search and also a partner in the development being built for them.
Patrick Hogan asked if they are partnering them with the space that was acquired from the Tobins. Josh Podkaminer stated yes but they would not be a partner in the actual building but they are partnering with them to build on their behalf and they would be a tenant in the building. Patrick Hogan asked if it is a 10 year lease. Josh Podkaminer stated there is a termination in there but it is a 10 year lease. Josh Podkaminer stated they have spent a considerable amount of time for over a year working with the Town of Dewitt for approvals and they have the approvals in place with the condition of that road as mentioned. He stated one of the things that Johnstone Supply is looking at is the significant cost difference to support new construction relative to today's construction costs as well as construction materials and market interest rates as opposed Patrick Hogan asked if Mr. Podkaminer was a broker for Johnstone Supply looking for space and found space for them in his place. Josh Podkaminer stated he couldn’t find anything in the marketplace so he shared with Johnstone a project they had been working on and they had continued interest to move it forward.
Patrick Hogan asked if Mr. Podkaminer is a partner in Johnstone Supply or if he is just the broker. Josh Podkaminer stated they were the broker assisting them in a market search and also a partner in the development being built for them.
Patrick Hogan asked if they are partnering them with the space that was acquired from the Tobins. Josh Podkaminer stated yes but they would not be a partner in the actual building but they are partnering with them to build on their behalf and they would be a tenant in the building. Patrick Hogan asked if it is a 10 year lease. Josh Podkaminer stated there is a termination in there but it is a 10 year lease. Josh Podkaminer stated they have spent a considerable amount of time for over a year working with the Town of Dewitt for approvals and they have the approvals in place with the condition of that road as mentioned. He stated one of the things that Johnstone Supply is looking at is the significant cost difference to support new construction relative to today's construction costs as well as construction materials and market interest rates as opposed 8 to if they found a new facility in the marketplace probably to the tune of 50% to 60% increase of what we might see for standard market rates throughout our area. He stated as they look at that they've been able to step up to a higher price point but they're looking to control their long term occupancy costs and they have also taken on some of the responsibility for the build out to help manage that overall lease cost.
Patrick Hogan stated two buildings were mentioned and asked what the other building is. Josh Podkaminer stated building B has been approved by the Town of DeWitt and would be a separate project. He stated they are hopeful to continue conversations with another prospective tenants on that. He stated although it is included in their overall planning, it would be separate from this application.
Patrick Hogan asked if there would be another application down the road for that building. Josh Podkaminer stated he hopes so and that would be wonderful progress.
Robert Petrovich asked if they are doing a build to suit project for the tenant. Josh Podkaminer stated yes.
8 to if they found a new facility in the marketplace probably to the tune of 50% to 60% increase of what we might see for standard market rates throughout our area. He stated as they look at that they've been able to step up to a higher price point but they're looking to control their long term occupancy costs and they have also taken on some of the responsibility for the build out to help manage that overall lease cost.
Patrick Hogan stated two buildings were mentioned and asked what the other building is. Josh Podkaminer stated building B has been approved by the Town of DeWitt and would be a separate project. He stated they are hopeful to continue conversations with another prospective tenants on that. He stated although it is included in their overall planning, it would be separate from this application.
Patrick Hogan asked if there would be another application down the road for that building. Josh Podkaminer stated he hopes so and that would be wonderful progress.
Robert Petrovich asked if they are doing a build to suit project for the tenant. Josh Podkaminer stated yes.
Robert Petrovich asked if the benefits that the IDA potentially may grant for this project will flow to Mr. Podkaminer and then flow through on a lease rate to the tenant. Josh Podkaminer stated yes and originally some of the construction numbers were too high so one of the ways to try to meet their price point would be they took on some of the build out responsibility, manage the lease rate, be responsible for the real estate taxes and all operating expenses on the building other than new construction going forward. He stated they would flow through to them. Patrick Hogan stated a fee must have been taken to find a place for them and being the developer. Josh Podkaminer stated there would be no fee paid on this on or any lease deal typically until it is done. He stated there would be a developer fee that would be part of the equity rolled into the project. He stated there might be one other pre-approved site in this size range and all Onondaga County. He stated he presented those multiple other sites and did not meet the criteria.
Patrick Hogan stated as far as history with OCIDA, normally a property or a business moving outside the city is something that we haven't traditionally looked at.
9 Robert Petrovich asked if the benefits that the IDA potentially may grant for this project will flow to Mr. Podkaminer and then flow through on a lease rate to the tenant. Josh Podkaminer stated yes and originally some of the construction numbers were too high so one of the ways to try to meet their price point would be they took on some of the build out responsibility, manage the lease rate, be responsible for the real estate taxes and all operating expenses on the building other than new construction going forward. He stated they would flow through to them. Patrick Hogan stated a fee must have been taken to find a place for them and being the developer. Josh Podkaminer stated there would be no fee paid on this on or any lease deal typically until it is done. He stated there would be a developer fee that would be part of the equity rolled into the project. He stated there might be one other pre-approved site in this size range and all Onondaga County. He stated he presented those multiple other sites and did not meet the criteria.
Patrick Hogan stated as far as history with OCIDA, normally a property or a business moving outside the city is something that we haven't traditionally looked at.
9 Robert Petrovich stated generally speaking the understanding between OCIDA and SIDA is that projects in the city, unless the county or the IDA happens to own the property or conflict of interest, we will leave that with SIDA. He stated in this particular instance, because of that concern, the applicant has brought forward a letter from the Mayor, indicating that he did not object to the business relocating out of the City and he also supported the IDA benefits for the project.
Patrick Hogan stated he saw the letter and being the Economic Development Chair of City Council he was somewhat mystified by it.
Josh Podkaminer stated they do not want to step on anybody’s toes but they have also worked on development projects that have brought projects and tenants from the County to the City, one notable project was 706 North Clinton Street, where One Group Insurance is located. He stated it was a big part of the assistance in the redevelopment of things in the Inner Harbor. Patrick Hogan stated he is more talking about the history between the SIDA and the OCIDA. Robert Petrovich stated generally speaking the understanding between OCIDA and SIDA is that projects in the city, unless the county or the IDA happens to own the property or conflict of interest, we will leave that with SIDA. He stated in this particular instance, because of that concern, the applicant has brought forward a letter from the Mayor, indicating that he did not object to the business relocating out of the City and he also supported the IDA benefits for the project.
Patrick Hogan stated he saw the letter and being the Economic Development Chair of City Council he was somewhat mystified by it.
Josh Podkaminer stated they do not want to step on anybody’s toes but they have also worked on development projects that have brought projects and tenants from the County to the City, one notable project was 706 North Clinton Street, where One Group Insurance is located. He stated it was a big part of the assistance in the redevelopment of things in the Inner Harbor. Patrick Hogan stated he is more talking about the history between the SIDA and the OCIDA. Janice Herzog asked if Mr. Podkaminer has a number of other properties that are under development, that he manages or his company owns. Josh Podkaminer stated they do and they typically own them through partnerships. He stated the 706 North Clinton Street, the One Group Insurance building is one of those buildings. He stated he started that development back in 2014 and aligned themselves with Heuber Breuer Construction at the time and they partnered with One Group Insurance to put that development together. He stated they continue to be a partner in that project and we manage that. He stated they a building in the heart of Franklin Square which was a development they started in 2001. He stated they manage a parking lot and building in downtown Syracuse, the 100 Clinton Square building where his office is located. He stated they have a couple different warehouse buildings in the city and University housing. Patrick Hogan asked who does their work. Josh Podkaminer stated they are working with VIP Structures and VIP Architecture.
Susan Stanczyk asked if this is a 10 year lease they are passing on to Johnstone Supply. Josh Podkaminer stated yes.
10 Janice Herzog asked if Mr. Podkaminer has a number of other properties that are under development, that he manages or his company owns. Josh Podkaminer stated they do and they typically own them through partnerships. He stated the 706 North Clinton Street, the One Group Insurance building is one of those buildings. He stated he started that development back in 2014 and aligned themselves with Heuber Breuer Construction at the time and they partnered with One Group Insurance to put that development together. He stated they continue to be a partner in that project and we manage that. He stated they a building in the heart of Franklin Square which was a development they started in 2001. He stated they manage a parking lot and building in downtown Syracuse, the 100 Clinton Square building where his office is located. He stated they have a couple different warehouse buildings in the city and University housing. Patrick Hogan asked who does their work. Josh Podkaminer stated they are working with VIP Structures and VIP Architecture.
Susan Stanczyk asked if this is a 10 year lease they are passing on to Johnstone Supply. Josh Podkaminer stated yes.
10 Susan Stanczyk stated the PILOT is for 10 years and the lease is up in 10 years. She stated there is no guarantee they will stay. She asked if Mr. Podkaminer is going to come back for another ask. She stated they are probably going to lose that tenant because they are going to have to pay a lot more money. Josh Podkaminer stated that is one of the risks of his business. He stated they had hoped they could have a 15 or 20 year lease but they weren't willing to commit to that. He stated in today's marketplace it is very difficult to find those long term leases that developers were used to years ago. He stated it is a significant financial commitment he is making, and he is guaranteeing the loan. He stated we are all excited about Micron and other activities in the marketplace but there comes a point in time where you have to either decide I'm going to sit here and twiddle my thumbs or I'm going to try to build. He stated they are in favor of progress and that is one of the reasons they are asking for Agency support. He stated is a lot of risk and they are trying to stick their necks out there. He stated you don't want to always focus on that 10 year point and they are hoping they can pay down on their mortgage and be in a reasonable place in 10 years.
Patrick Hogan stated this project is just sort of confusing.
Susan Stanczyk stated the PILOT is for 10 years and the lease is up in 10 years. She stated there is no guarantee they will stay. She asked if Mr. Podkaminer is going to come back for another ask. She stated they are probably going to lose that tenant because they are going to have to pay a lot more money. Josh Podkaminer stated that is one of the risks of his business. He stated they had hoped they could have a 15 or 20 year lease but they weren't willing to commit to that. He stated in today's marketplace it is very difficult to find those long term leases that developers were used to years ago. He stated it is a significant financial commitment he is making, and he is guaranteeing the loan. He stated we are all excited about Micron and other activities in the marketplace but there comes a point in time where you have to either decide I'm going to sit here and twiddle my thumbs or I'm going to try to build. He stated they are in favor of progress and that is one of the reasons they are asking for Agency support. He stated is a lot of risk and they are trying to stick their necks out there. He stated you don't want to always focus on that 10 year point and they are hoping they can pay down on their mortgage and be in a reasonable place in 10 years.
Patrick Hogan stated this project is just sort of confusing.
Upon a motion Janice Herzog, seconded by Kevin Ryan, the OCIDA Board approved a resolution authorizing a public hearing for Wallace Group, LLC/6808 Crossbow Drive, LLC. Motion was carried.
Upon a motion Janice Herzog, seconded by Kevin Ryan, the OCIDA Board approved a resolution authorizing a public hearing for Wallace Group, LLC/6808 Crossbow Drive, LLC. Motion was carried.
Upon a motion by Janice Herzog, seconded by Kevin Ryan, the OCIDA Board approved a resolution appointing Sue Stanczyk as Chairperson of Finance and Elizabeth Dreyfuss as Finance Committee Member to the OCIDA Finance Committee. Motion was carried.
Upon a motion by Janice Herzog, seconded by Kevin Ryan, the OCIDA Board approved a resolution appointing Sue Stanczyk as Chairperson of Finance and Elizabeth Dreyfuss as Finance Committee Member to the OCIDA Finance Committee. Motion was carried.
Upon a motion by Janice Herzog, seconded by Kevin Ryan, the OCIDA Board approved a resolution appointing Cydney Johnson as an Audit Committee Member to the OCIDA Audit Committee. Motion was carried.
11
Upon a motion by Janice Herzog, seconded by Kevin Ryan, the OCIDA Board approved a resolution appointing Cydney Johnson as an Audit Committee Member to the OCIDA Audit Committee. Motion was carried.
11
Jeff Davis stated he recommends a motion to go into Executive Session for the purposes of discussing proposed acquisition of land as well as he will be providing legal advice to the Board. Upon a motion by Janice Herzog, seconded by Kevin Ryan, the OCIDA Board went into Executive Session at 9:16 am. Motion was carried.
(Cydney Johnson and Kevin Ryan left meeting.) Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board adjourned Executive Session at 9:52 am. Motion was carried.
Jeff Davis stated he recommends a motion to go into Executive Session for the purposes of discussing proposed acquisition of land as well as he will be providing legal advice to the Board. Upon a motion by Janice Herzog, seconded by Kevin Ryan, the OCIDA Board went into Executive Session at 9:16 am. Motion was carried.
(Cydney Johnson and Kevin Ryan left meeting.) Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board adjourned Executive Session at 9:52 am. Motion was carried.
Robert Petrovich stated this resolution is to acquire additional land at the White Pine campus as part of the Micron project.
Jeff Davis stated this is a stand-alone SEQR Resolution to purchase lands in the Town of Cicero that are adjacent to the White Pine project and ultimately could become part of White Pine in the future.
Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the adoption of the SEQR determination. Motion was carried. Upon a motion by Janie Herzog seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing the Executive Director to exercise the option to enter into a purchase contract and any related documents with respect to parcels of property. Motion was carried.
Robert Petrovich stated this resolution is to acquire additional land at the White Pine campus as part of the Micron project.
Jeff Davis stated this is a stand-alone SEQR Resolution to purchase lands in the Town of Cicero that are adjacent to the White Pine project and ultimately could become part of White Pine in the future.
Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the adoption of the SEQR determination. Motion was carried. Upon a motion by Janie Herzog seconded by Susan Stanczyk, the OCIDA Board approved a resolution authorizing the Executive Director to exercise the option to enter into a purchase contract and any related documents with respect to parcels of property. Motion was carried.
12 Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board adjourned the meeting at 8:56 am. Motion was carried.
_________________________________ Nancy Lowery, Secretary 13
12 Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board adjourned the meeting at 8:56 am. Motion was carried.
_________________________________ Nancy Lowery, Secretary 13
PHONE: 315.435.3770 • FAX: 315.435.3669 May 31, 2023
Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating/Non-Op Revenue 141,089 1,770,342 1,472,880 297,462 Administrative Expense 54,493 250,710 816,000 (565,290) Operating/Program Expense 11,883 339,565 656,880 (317,315) Net Ordinary Income 74,713 1,180,068 - 1,180,068
PHONE: 315.435.3770 • FAX: 315.435.3669 May 31, 2023
Revenue / Expense / Income Current Period Current YTD Amount Change to Budget Operating/Non-Op Revenue 141,089 1,770,342 1,472,880 297,462 Administrative Expense 54,493 250,710 816,000 (565,290) Operating/Program Expense 11,883 339,565 656,880 (317,315) Net Ordinary Income 74,713 1,180,068 - 1,180,068 Current Assets Current YTD Prior YTD Total Cash 6,958,899 4,306,346 Less Pass Through Received 1,514,443 2,236 Available Cash 5,444,456 4,304,110 Receivables 425,967 6,750 Grant Reimbursements - - Total 5,870,423 4,310,860 Receivables 0-120 days 425,967 > 120 days Total 425,967 Onondaga County Industrial Development Agency Profit and Loss May 2023 Current Assets Current YTD Prior YTD Total Cash 6,958,899 4,306,346 Less Pass Through Received 1,514,443 2,236 Available Cash 5,444,456 4,304,110 Receivables 425,967 6,750 Grant Reimbursements - - Total 5,870,423 4,310,860 Receivables 0-120 days 425,967 > 120 days Total 425,967 Onondaga County Industrial Development Agency Profit and Loss May 2023
Income
2116.1 Agency Fees 9,865.00 2116.2 Application Fees 2,000.00 2116.3 WPCP Agency Fee 111,111.11 Total 2116 Fees 122,976.11 2410 Lease Income 3,000.00 2655 Other Operating Revenue 10,000.00 Total 500 Operating Revenue 135,976.11
2401 Interest Income 5,112.85 Total 501 Non-Operating Revenue 5,112.85
528.003 OHB Redev LLC Funds Pass Thru 14,928.00 529 PILOT Income 62,158.09 Total 534 Pilot & Pass Thru Revenue 77,086.09 550 WPCP Pass Thru Revenue 306,565.66 Total Income $524,740.71 GROSS PROFIT $524,740.71 Expenses
6407 Administrative Expense 54,493.11 6408 Meeting Expenses 169.31 6409 Conference Attendence 1,349.00 6410 Office Expense 2,633.61 Total 6400 Operating Expense 58,645.03
6460 IDA General Legal 2,662.50 6480 Roth Legal 5,081.25 Total 6450 Barclay Damon 7,743.75 Total 6440 Legal Fees 7,743.75
6510.7 WPCP Marketing -12.62 Total 6510 White Pine Commerce Park -12.62 Total 6500 Agency Program Expenses -12.62
Income
2116.1 Agency Fees 9,865.00 2116.2 Application Fees 2,000.00 2116.3 WPCP Agency Fee 111,111.11 Total 2116 Fees 122,976.11 2410 Lease Income 3,000.00 2655 Other Operating Revenue 10,000.00 Total 500 Operating Revenue 135,976.11
2401 Interest Income 5,112.85 Total 501 Non-Operating Revenue 5,112.85
528.003 OHB Redev LLC Funds Pass Thru 14,928.00 529 PILOT Income 62,158.09 Total 534 Pilot & Pass Thru Revenue 77,086.09 550 WPCP Pass Thru Revenue 306,565.66 Total Income $524,740.71 GROSS PROFIT $524,740.71 Expenses
6407 Administrative Expense 54,493.11 6408 Meeting Expenses 169.31 6409 Conference Attendence 1,349.00 6410 Office Expense 2,633.61 Total 6400 Operating Expense 58,645.03
6460 IDA General Legal 2,662.50 6480 Roth Legal 5,081.25 Total 6450 Barclay Damon 7,743.75 Total 6440 Legal Fees 7,743.75
6510.7 WPCP Marketing -12.62 Total 6510 White Pine Commerce Park -12.62 Total 6500 Agency Program Expenses -12.62 Page 18 Accrual Basis Tuesday, June 6, 2023 05:57 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss May 2023
6605.2 PILOT Expense 62,158.09 6606 OHB Redev LLC Funds Pass Thru 14,928.00 Total 6605 Pilot & Pass Thru Expenses 77,086.09 Total 6600 Non-Operating Expenses 77,086.09
6610.1 Barclay Damon 177,777.78 6610.2 JMT 128,787.88 Total 6610 WPCP Pass Thru Expenses 306,565.66 Total Expenses $450,027.91 NET OPERATING INCOME $74,712.80 NET INCOME $74,712.80 Page 18 Accrual Basis Tuesday, June 6, 2023 05:57 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss May 2023
6605.2 PILOT Expense 62,158.09 6606 OHB Redev LLC Funds Pass Thru 14,928.00 Total 6605 Pilot & Pass Thru Expenses 77,086.09 Total 6600 Non-Operating Expenses 77,086.09
6610.1 Barclay Damon 177,777.78 6610.2 JMT 128,787.88 Total 6610 WPCP Pass Thru Expenses 306,565.66 Total Expenses $450,027.91 NET OPERATING INCOME $74,712.80 NET INCOME $74,712.80 Page 19 Accrual Basis Tuesday, June 6, 2023 05:57 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2023
Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 6,070,378.32 200.2 Cash - M & T Money Maker Savings 897,428.70 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 6,958,899.20 Total Bank Accounts $6,958,899.20 Accounts Receivable 380 Accounts Rec.
380.6 A/R Fees, Lease & PILOT 433,831.78 Total 380 Accounts Rec. 433,831.78 Total Accounts Receivable $433,831.78 Total Current Assets $7,392,730.98 Fixed Assets
101 White Pines Commerce Park 25,831,128.37
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
101.501 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 2,954.34 Total 101 White Pines Commerce Park 27,640,827.24 106 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 Page 19 Accrual Basis Tuesday, June 6, 2023 05:57 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2023
Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 6,070,378.32 200.2 Cash - M & T Money Maker Savings 897,428.70 200.4 Destiny USA Restricted Cash -8,957.82 210 Petty Cash 50.00 Total 200 Cash 6,958,899.20 Total Bank Accounts $6,958,899.20 Accounts Receivable 380 Accounts Rec.
380.6 A/R Fees, Lease & PILOT 433,831.78 Total 380 Accounts Rec. 433,831.78 Total Accounts Receivable $433,831.78 Total Current Assets $7,392,730.98 Fixed Assets
101 White Pines Commerce Park 25,831,128.37
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
101.501 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 2,954.34 Total 101 White Pines Commerce Park 27,640,827.24 106 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 Page 20 Accrual Basis Tuesday, June 6, 2023 05:58 PM GMT-04:00 1/3 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2023
Total 100 Land 28,897,172.74
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 $34,982,100.74 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $42,376,473.48 Page 20 Accrual Basis Tuesday, June 6, 2023 05:58 PM GMT-04:00 1/3 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2023
Total 100 Land 28,897,172.74
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 $34,982,100.74 Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $42,376,473.48
Liabilities Current Liabilities Accounts Payable 300 WPCP Pass Thru Payable 1,821,008.55 Total Accounts Payable $1,821,008.55 Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 250,709.68 600.102 Due to BD WPCP 42,216.66 600.204 OHB Redev LLC Funds 312,940.15 600.205 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 26,088,187.09 600.31 Accrued Interest - OC Note Payable 2,129.00 Total 600.3 Onondaga County Loan 26,090,316.09 Total 600 Accounts Payable 26,735,295.95
603 PILOT Pass Thru 1.01 Total 601 PILOT and Pass Thru Payable 1.01
631.15 Salina -0.81 Total 631.1 Towns -0.81
Liabilities Current Liabilities Accounts Payable 300 WPCP Pass Thru Payable 1,821,008.55 Total Accounts Payable $1,821,008.55 Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 250,709.68 600.102 Due to BD WPCP 42,216.66 600.204 OHB Redev LLC Funds 312,940.15 600.205 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 26,088,187.09 600.31 Accrued Interest - OC Note Payable 2,129.00 Total 600.3 Onondaga County Loan 26,090,316.09 Total 600 Accounts Payable 26,735,295.95
603 PILOT Pass Thru 1.01 Total 601 PILOT and Pass Thru Payable 1.01
631.15 Salina -0.81 Total 631.1 Towns -0.81 Page 21 Accrual Basis Tuesday, June 6, 2023 05:58 PM GMT-04:00 2/3 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2023
Total 631 Due to Other Governments -0.81 Total Other Current Liabilities $26,735,296.15 Total Current Liabilities $28,556,304.70 Total Liabilities $28,556,304.70 Equity 3900 Equity Unreserved 9,735,878.53 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 368,811.84 465 Equity - Unreserved 4,017.16 Net Income 1,365,622.62 Total Equity $13,820,168.78 TOTAL LIABILITIES AND EQUITY $42,376,473.48 Page 21 Accrual Basis Tuesday, June 6, 2023 05:58 PM GMT-04:00 2/3 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2023
Total 631 Due to Other Governments -0.81 Total Other Current Liabilities $26,735,296.15 Total Current Liabilities $28,556,304.70 Total Liabilities $28,556,304.70 Equity 3900 Equity Unreserved 9,735,878.53 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 368,811.84 465 Equity - Unreserved 4,017.16 Net Income 1,365,622.62 Total Equity $13,820,168.78 TOTAL LIABILITIES AND EQUITY $42,376,473.48 Page 22 Accrual Basis Tuesday, June 6, 2023 05:58 PM GMT-04:00 3/3 Page 22 Accrual Basis Tuesday, June 6, 2023 05:58 PM GMT-04:00 3/3
PAYMENT OF BILLS - SCHEDULE #482 June 8, 2023
PAYMENT OF BILLS - SCHEDULE #482 June 8, 2023
1. CRYSTAL ROCK* $ 8.63 Inv#22976721 2. PARK STRATEGIES, LLC $ 2,500.00 May 2023 Consulting Services 3. FEDEX $ 24.90 Inv#8-116-99715 4. NATHANIAL STEVENS $ 128.35 Mileage Reimbursement 5. NANCY LOWERY $ 128.35 Mileage Reimbursement 6. SVETLANA DYER $ 128.35 Mileage Reimbursement ALEXIS RODRIGUEZ $ 128.35 Mileage Reimbursement 7. RAMBOLL AMERICAS ENGINEERING SOLUTIONS, INC. $ 218,607.90 Sept 2022 - Jan 2023 Engineering Services 8. BARCLAY DAMON LLP $ 1,038,259.23 Sept 2022 - May 2023 Legal Services 9. JMT OF NEW YORK, INC. $ 257,575.76 April 2023 - May 2023 Engineering Services 10. MACNY $ 85.00 Morse Manfacturing Tour 11. BARCLAY DAMON LLP $ 14,668.50 Inv#5238176, OHB Redev LLC 12. JMT OF NEW YORK, INC. $ 1,359.00 Inv#35-103978, Roth Steel Schedule #482
1. CRYSTAL ROCK* $ 8.63 Inv#22976721 2. PARK STRATEGIES, LLC $ 2,500.00 May 2023 Consulting Services 3. FEDEX $ 24.90 Inv#8-116-99715 4. NATHANIAL STEVENS $ 128.35 Mileage Reimbursement 5. NANCY LOWERY $ 128.35 Mileage Reimbursement 6. SVETLANA DYER $ 128.35 Mileage Reimbursement ALEXIS RODRIGUEZ $ 128.35 Mileage Reimbursement 7. RAMBOLL AMERICAS ENGINEERING SOLUTIONS, INC. $ 218,607.90 Sept 2022 - Jan 2023 Engineering Services 8. BARCLAY DAMON LLP $ 1,038,259.23 Sept 2022 - May 2023 Legal Services 9. JMT OF NEW YORK, INC. $ 257,575.76 April 2023 - May 2023 Engineering Services 10. MACNY $ 85.00 Morse Manfacturing Tour 11. BARCLAY DAMON LLP $ 14,668.50 Inv#5238176, OHB Redev LLC 12. JMT OF NEW YORK, INC. $ 1,359.00 Inv#35-103978, Roth Steel Schedule #482 13. BARTON & LOGUIDICE, D.P.C. $ 12,724.26 Inv#'s 133088, 132556, Caughdenoy Road Business Park 14. ABC CREATIVE GROUP, LLC $ 25,000.00 Inv#7690, Public Relations/Marketing Services 2023 15. NYS ECONOMIC DEVELOPMENT COUNCIL $ 45,000.00 Inv#14491, SEMICON West Supply Chain Attraction 16. BARCLAY DAMON LLP $ 2,625.00 Inv#5238172, IDA Legal 17. GROSSMAN ST. AMOUR CPA'S PLLC $ 15,000.00 Inv#86138, Final Audit Billing 2022 TOTAL $ 1,633,951.58 *Ratification of Check dated May 31, 2023 13. BARTON & LOGUIDICE, D.P.C. $ 12,724.26 Inv#'s 133088, 132556, Caughdenoy Road Business Park 14. ABC CREATIVE GROUP, LLC $ 25,000.00 Inv#7690, Public Relations/Marketing Services 2023 15. NYS ECONOMIC DEVELOPMENT COUNCIL $ 45,000.00 Inv#14491, SEMICON West Supply Chain Attraction 16. BARCLAY DAMON LLP $ 2,625.00 Inv#5238172, IDA Legal 17. GROSSMAN ST. AMOUR CPA'S PLLC $ 15,000.00 Inv#86138, Final Audit Billing 2022 TOTAL $ 1,633,951.58 *Ratification of Check dated May 31, 2023
PAYMENT OF BILLS - SCHEDULE #482 June 8, 2023 PILOT Payments 1. CITY OF SYRACUSE* $ 10,016.07 Syracuse Rail and COR Inner Harbor 1st Q 2023 PILOT Payments 2. SYRACUSE CITY SCHOOL DISTRICT* $ 13,192.17 COR Inner Harbor 1st Q 2023 PILOT Payment 3. TOWN OF ONONDAGA* $ 4.03 Syracuse Rail 1st Q 2023 PILOT Payment 4. TOWN OF DEWITT* $ 19.80 Syracuse Rail 1st Q 2023 PILOT Payment 5. JAMESVILLE-DEWITT CSD* $ 129.58 Syracuse Rail 1st Q 2023 PILOT Payment 6. TOWN OF CAMILLUS* $ 6,035.39 Finger Lakes Railway 2023 PILOT Payment 7. VILLAGE OF CAMILLUS* $ 1,043.75 Finger Lakes Railway 2023 PILOT Payment 8. TOWN OF ELBRIDGE* $ 2,459.05 Finger Lakes Railway 2023 PILOT Payment 9. TOWN OF GEDDES* $ 81.81 Finger Lakes Railway 2023 PILOT Payment 10. VILLAGE OF SOLVAY* $ 653.90 Finger Lakes Railway 2023 PILOT Payment
PAYMENT OF BILLS - SCHEDULE #482 June 8, 2023 PILOT Payments 1. CITY OF SYRACUSE* $ 10,016.07 Syracuse Rail and COR Inner Harbor 1st Q 2023 PILOT Payments 2. SYRACUSE CITY SCHOOL DISTRICT* $ 13,192.17 COR Inner Harbor 1st Q 2023 PILOT Payment 3. TOWN OF ONONDAGA* $ 4.03 Syracuse Rail 1st Q 2023 PILOT Payment 4. TOWN OF DEWITT* $ 19.80 Syracuse Rail 1st Q 2023 PILOT Payment 5. JAMESVILLE-DEWITT CSD* $ 129.58 Syracuse Rail 1st Q 2023 PILOT Payment 6. TOWN OF CAMILLUS* $ 6,035.39 Finger Lakes Railway 2023 PILOT Payment 7. VILLAGE OF CAMILLUS* $ 1,043.75 Finger Lakes Railway 2023 PILOT Payment 8. TOWN OF ELBRIDGE* $ 2,459.05 Finger Lakes Railway 2023 PILOT Payment 9. TOWN OF GEDDES* $ 81.81 Finger Lakes Railway 2023 PILOT Payment 10. VILLAGE OF SOLVAY* $ 653.90 Finger Lakes Railway 2023 PILOT Payment 11. WEST GENESEE CSD* $ 14,659.48 Finger Lakes Railway 2023 PILOT Payment 12. SOLVAY UNION FREE SCHOOL DISTRICT* $ 4,174.41 Finger Lakes Railway 2023 PILOT Payment 13. JORDAN-ELBRIDGE CSD* $ 20,817.43 Finger Lakes Railway 2023 PILOT Payment 1 Schedule #479 14. MARCELLUS CSD* $ 311.59 Finger Lakes Railway 2023 PILOT Payment 15. ONONDAGA COUNTY** $ 18,816.09 Syracuse Rail, Finger Lakes Railway, COR Inner Harbor 2023 PILOT Payments TOTAL $ 92,414.55 *Ratification of Checks dated May 23, 2023 **Ratification of Check dated May 30, 2023 2 11. WEST GENESEE CSD* $ 14,659.48 Finger Lakes Railway 2023 PILOT Payment 12. SOLVAY UNION FREE SCHOOL DISTRICT* $ 4,174.41 Finger Lakes Railway 2023 PILOT Payment 13. JORDAN-ELBRIDGE CSD* $ 20,817.43 Finger Lakes Railway 2023 PILOT Payment 1 Schedule #479 14. MARCELLUS CSD* $ 311.59 Finger Lakes Railway 2023 PILOT Payment 15. ONONDAGA COUNTY** $ 18,816.09 Syracuse Rail, Finger Lakes Railway, COR Inner Harbor 2023 PILOT Payments TOTAL $ 92,414.55 *Ratification of Checks dated May 23, 2023 **Ratification of Check dated May 30, 2023 2 Onondaga County Industrial Development Agency Project Summary-Draft 5/24/2023 1. Project Wallace Supply, LLC d/b/a JSWG Supply, LLC 2. Project Number 3101-23-04A 3. Location Dewitt 4. School District East- Syracuse Minoa School District
5. Tax Parcel(s) 018.-01-05.2, 018.-01-03.1 Onondaga County Industrial Development Agency Project Summary-Draft 5/24/2023 1. Project Wallace Supply, LLC d/b/a JSWG Supply, LLC 2. Project Number 3101-23-04A 3. Location Dewitt 4. School District East- Syracuse Minoa School District
5. Tax Parcel(s) 018.-01-05.2, 018.-01-03.1 7.Total Project Cost $ 4,330,338 8. Total Jobs 14 Land $ 207,000 8A. Job Retention 6 Site Work $ 650,000 8B: Job Creation 8 Building $ 2,650,000 (Next 5 Years) Furniture & Fixtures $ 75,000 Equipment $ 100,000 Engineering/Architecture Fees $ 100,000 Financial Charges $ 193,338 Legal Fees $ 30,000 Other $ 125,000 Management/Developer Fees $ 200,000 Community Investment /Abatement Wallace Supply, LLC d/b/a JSWG Supply, LLC Project Description Fiscal Impact ($) Abatement Summary $367,989 Sales Tax Abatement $182,000 Mortgage Tax Abatement $24,000 7.Total Project Cost $ 4,330,338 8. Total Jobs 14 Land $ 207,000 8A. Job Retention 6 Site Work $ 650,000 8B: Job Creation 8 Building $ 2,650,000 (Next 5 Years) Furniture & Fixtures $ 75,000 Equipment $ 100,000 Engineering/Architecture Fees $ 100,000 Financial Charges $ 193,338 Legal Fees $ 30,000 Other $ 125,000 Management/Developer Fees $ 200,000 Community Investment /Abatement Wallace Supply, LLC d/b/a JSWG Supply, LLC Project Description Fiscal Impact ($) Abatement Summary $367,989 Sales Tax Abatement $182,000 Mortgage Tax Abatement $24,000 Property Tax Relief (PILOT) $161,989
Community Investment $19,894,426 construction of an approximately 30,000 square foot warehouse and distribution PILOT Payments 10 yrs $216,959 building including approximately 2,500 square feet of office/show/training space in Project Wages Estimate (10 yrs) $11,538,254 the Town of Dewitt. Construction Benefit Estimate $3,808,875 Employee Benefits Estimate (10 years) $0 Total Project Cost $4,330,338 Investment:Abatement Ratio 54.06 :1 Wallace Supply, LLC d/b/a JSWG Supply, LLC
for 10 years OCIDA estimate of current market value $ 207,000 Property Tax Relief (PILOT) $161,989
Community Investment $19,894,426 construction of an approximately 30,000 square foot warehouse and distribution PILOT Payments 10 yrs $216,959 building including approximately 2,500 square feet of office/show/training space in Project Wages Estimate (10 yrs) $11,538,254 the Town of Dewitt. Construction Benefit Estimate $3,808,875 Employee Benefits Estimate (10 years) $0 Total Project Cost $4,330,338 Investment:Abatement Ratio 54.06 :1 Wallace Supply, LLC d/b/a JSWG Supply, LLC
for 10 years OCIDA estimate of current market value $ 207,000 Projected investment $ 2,650,000 OCIDA estimate of increase in value $ 833,174 OCIDA estimated value after project is completed $ 1,040,174 Taxes that would have been collected if the project did not occur $ 75,412 Scheduled PILOT payments $ 216,959 Projected investment $ 2,650,000 OCIDA estimate of increase in value $ 833,174 OCIDA estimated value after project is completed $ 1,040,174 Taxes that would have been collected if the project did not occur $ 75,412 Scheduled PILOT payments $ 216,959 Full Tax County PILOT School Net PILOT YEAR Exemption % Town Total PILOT Payment w/o Amount District Exemption
1 100% $ 929 $ 1,061 $ 4,897 $ 6,887.16 $ 34,608 $ 27,721 2 90% $ 1,328 $ 1,518 $ 7,006 $ 9,852.43 $ 35,300 $ 25,448 3 80% $ 1,744 $ 1,993 $ 9,197 $ 12,933.54 $ 36,006 $ 23,073 4 70% $ 2,175 $ 2,487 $ 11,472 $ 16,133.97 $ 36,726 $ 20,592 5 60% $ 2,623 $ 2,999 $ 13,835 $ 19,457.23 $ 37,461 $ 18,004 6 50% $ 3,088 $ 3,530 $ 16,288 $ 22,906.98 $ 38,210 $ 15,303 7 40% $ 3,571 $ 4,082 $ 18,834 $ 26,486.93 $ 38,974 $ 12,487 8 30% $ 4,072 $ 4,655 $ 21,475 $ 30,200.92 $ 39,754 $ 9,553 9 20% $ 4,591 $ 5,248 $ 24,214 $ 34,052.87 $ 40,549 $ 6,496 10 10% $ 5,129 $ 5,864 $ 27,054 $ 38,046.81 $ 41,360 $ 3,313 TOTAL $ 29,250 $ 33,438 $ 154,271 $ 216,959 $ 378,947 $ 161,989 Full Tax County PILOT School Net PILOT YEAR Exemption % Town Total PILOT Payment w/o Amount District Exemption
1 100% $ 929 $ 1,061 $ 4,897 $ 6,887.16 $ 34,608 $ 27,721 2 90% $ 1,328 $ 1,518 $ 7,006 $ 9,852.43 $ 35,300 $ 25,448 3 80% $ 1,744 $ 1,993 $ 9,197 $ 12,933.54 $ 36,006 $ 23,073 4 70% $ 2,175 $ 2,487 $ 11,472 $ 16,133.97 $ 36,726 $ 20,592 5 60% $ 2,623 $ 2,999 $ 13,835 $ 19,457.23 $ 37,461 $ 18,004 6 50% $ 3,088 $ 3,530 $ 16,288 $ 22,906.98 $ 38,210 $ 15,303 7 40% $ 3,571 $ 4,082 $ 18,834 $ 26,486.93 $ 38,974 $ 12,487 8 30% $ 4,072 $ 4,655 $ 21,475 $ 30,200.92 $ 39,754 $ 9,553 9 20% $ 4,591 $ 5,248 $ 24,214 $ 34,052.87 $ 40,549 $ 6,496 10 10% $ 5,129 $ 5,864 $ 27,054 $ 38,046.81 $ 41,360 $ 3,313 TOTAL $ 29,250 $ 33,438 $ 154,271 $ 216,959 $ 378,947 $ 161,989 Year
Jobs Current/Actuals Creation Goals 2 5 1 Total Employment Goals 0 2 7 8 Project Tax Billing and Payment Schedule
Please contact OCIDA staff with any questions.
Property of the Onondaga County Industrial Development Agency, All Rights Reserved Year
Jobs Current/Actuals Creation Goals 2 5 1 Total Employment Goals 0 2 7 8 Project Tax Billing and Payment Schedule
Please contact OCIDA staff with any questions.
Property of the Onondaga County Industrial Development Agency, All Rights Reserved
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.
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
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
Syracuse, NY 13202 Phone: 315-435-3770 | Fax: 315-435-3669 nancylowery@ongov.net
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
Syracuse, NY 13202 Phone: 315-435-3770 | Fax: 315-435-3669 nancylowery@ongov.net
Please answer all questions. Use “None”, “Not Applicable” and “See Attached” where necessary.
Submittal Date: _____________ May 10, 2023 A) Applicant/Project Operator information (company receiving benefits):
Applicant/Project Operator: Click here to enter text. Wallace Supply, LLC d/b/a JSWG Supply, LLC
Applicant/ Project Operator Address: 835 Canal Street, Syracuse, NY 13210 Phone: 315-479-8800 Fax:
www.johnstonesupply.com Website: E-mail: Cwallace@johnstonesupply.com Federal ID#: 45-2967608 NAICS:
State and Year of Incorporation/Organization: __________________________________________ Pennsylvania, 2011 Owner (if different from Applicant/Project Operator): ____________________________________
Owner Address: 126 North Salina Street, Syracuse, NY 13202 Federal ID#: 92-2064168 State and Year of Incorporation/Organization: New York, 2023 List of stockholders, members, or partners of Owner:
________________________________________________________________________________ Joshua W. Podkaminer 50% , JWP ECSI, LLC 20%, Joseph Mueller 30% Please answer all questions. Use “None”, “Not Applicable” and “See Attached” where necessary.
Submittal Date: _____________ May 10, 2023 A) Applicant/Project Operator information (company receiving benefits):
Applicant/Project Operator: Click here to enter text. Wallace Supply, LLC d/b/a JSWG Supply, LLC
Applicant/ Project Operator Address: 835 Canal Street, Syracuse, NY 13210 Phone: 315-479-8800 Fax:
www.johnstonesupply.com Website: E-mail: Cwallace@johnstonesupply.com Federal ID#: 45-2967608 NAICS:
State and Year of Incorporation/Organization: __________________________________________ Pennsylvania, 2011 Owner (if different from Applicant/Project Operator): ____________________________________
Owner Address: 126 North Salina Street, Syracuse, NY 13202 Federal ID#: 92-2064168 State and Year of Incorporation/Organization: New York, 2023 List of stockholders, members, or partners of Owner:
________________________________________________________________________________ Joshua W. Podkaminer 50% , JWP ECSI, LLC 20%, Joseph Mueller 30% B) Individual Completing Application:
Name: Joshua W. Podkaminer Title: Managing Member Address: 126 North Salina Street Phone: 315-423-9390 Fax:
E-mail: jwp@jwpcommercial.com Onondaga County Industrial Development Agency Page 1 C) Company Contact (if different from individual completing application):
Name:
Title:
Address:
Phone: Cell Phone:
E-mail:
D) Company Counsel:
Name of Attorney: Mark T. Arbon, Esq.
Firm Name: Sarofeen & Arbon, PLLC Address: 110 W. Fayette Street, Suite 1110, Syracuse, NY 13202 Phone: 315-314-8157 Cell Phone:
E-mail: mta@sapllclaw.com E) Business Organization (check appropriate category):
☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify):
Year Established: 2022 (JSWG Supply, LLC) 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 B) Individual Completing Application:
Name: Joshua W. Podkaminer Title: Managing Member Address: 126 North Salina Street Phone: 315-423-9390 Fax:
E-mail: jwp@jwpcommercial.com Onondaga County Industrial Development Agency Page 1 C) Company Contact (if different from individual completing application):
Name:
Title:
Address:
Phone: Cell Phone:
E-mail:
D) Company Counsel:
Name of Attorney: Mark T. Arbon, Esq.
Firm Name: Sarofeen & Arbon, PLLC Address: 110 W. Fayette Street, Suite 1110, Syracuse, NY 13202 Phone: 315-314-8157 Cell Phone:
E-mail: mta@sapllclaw.com E) Business Organization (check appropriate category):
☐ Corporation ☐Partnership ☐ Public Corporation ☐Joint Venture ☐ Sole Proprietorship ☐Limited Liability Company ☐ Other (please specify):
Year Established: 2022 (JSWG Supply, LLC) 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 Tom Wallace 20% Craig Wallace 34% Eric Wallace 26% Jeff Green 20% Onondaga County Industrial Development Agency Page 2 G) Applicant Business Description:
Estimated % of sales within Onondaga County: ________________________________________ 2.8% Estimated % of sales outside Onondaga County but within New York State: 18.3% Estimated % of sales outside New York State but within the U.S.: 78.9% Estimated % of sales outside the U.S.: 0% (*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.
☐Yes ☐No plaintiff or defendant in any civil or criminal litigation?
criminal offense (other than a minor traffic violation)? ☐Yes ☐No Tom Wallace 20% Craig Wallace 34% Eric Wallace 26% Jeff Green 20% Onondaga County Industrial Development Agency Page 2 G) Applicant Business Description:
Estimated % of sales within Onondaga County: ________________________________________ 2.8% Estimated % of sales outside Onondaga County but within New York State: 18.3% Estimated % of sales outside New York State but within the U.S.: 78.9% Estimated % of sales outside the U.S.: 0% (*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.
☐Yes ☐No plaintiff or defendant in any civil or criminal litigation?
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
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: 6808 Crossbow Drive, 6822 Crossbow Drive and Lot 10 Legal Address (if different):
City: Syracuse Village/Town: Town of Dewitt Zip Code: 13057 School District: East-Syracuse Minoa Tax Map Parcel ID(s): 018.-01-05.2 and 57.39% of parcel 018.-01-03.1 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
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: 6808 Crossbow Drive, 6822 Crossbow Drive and Lot 10 Legal Address (if different):
City: Syracuse Village/Town: Town of Dewitt Zip Code: 13057 School District: East-Syracuse Minoa Tax Map Parcel ID(s): 018.-01-05.2 and 57.39% of parcel 018.-01-03.1 Full Market Value: ________________ $207,000 Footage of Existing Building: _________________ 0 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) Full Market Value: ________________ $207,000 Footage of Existing Building: _________________ 0 Census Tract: ___________________________________________________________________ 144 B) Type (Check all that apply):
☐New construction ☐Purchase of machinery and/or equipment ☐Expansion/Addition to current facilities ☐Brownfield/Remediated Brownfield ☐Renovation of existing facility ☐LEED Certification ☐ Housing Project ☐Demolition and Construction ☐ Renewable Energy Project ☐Acquisition of existing facility/property ☐ Retail ☐Other:
C) Project Narrative: A statement that there is a likelihood that the project would not be undertaken but for the financial assistance provided by the Agency or, if the project could be undertaken without financial assistance provided by the Agency, a statement indicating why the project should be undertaken by the agency.
* For a Retail Project (also see page 14) * For a Renewable Energy Project (also see page 15) * For a Housing Project (also see page 17) D) Description of Project: Please provide a detailed narrative of the proposed Project. Please separately attach the description and any copies of site plans, sketches or maps. This narrative should include, but is not limited to:
☐ i) a description of your Company’s background, customers, goods and services and the principal products to be produced and/or the principal activities that will occur on the Project site;
☐ (ii) the size of the Project in square feet and a breakdown of square footage per each intended use;
☐ (iii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iv) the current use of the site and the intended use of the site upon completion of the Project;
☐ (vi) describe your method for site control (Own, lease, other).
Onondaga County Industrial Development Agency Page 4 E) Select Project type for all end users at Project site (you may check more than one): **Please check any and all end users as identified below D) Description of Project: Please provide a detailed narrative of the proposed Project. Please separately attach the description and any copies of site plans, sketches or maps. This narrative should include, but is not limited to:
☐ i) a description of your Company’s background, customers, goods and services and the principal products to be produced and/or the principal activities that will occur on the Project site;
☐ (ii) the size of the Project in square feet and a breakdown of square footage per each intended use;
☐ (iii) the size of the lot upon which the Project sits or is to be constructed; ☐ (iv) the current use of the site and the intended use of the site upon completion of the Project;
☐ (vi) describe your method for site control (Own, lease, other).
Onondaga County Industrial Development Agency Page 4 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 ☐ 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.
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? _______________________________________________________ Town of Dewitt Planning Board approval on March 23, 2023 Onondaga County Industrial Development Agency Page 5 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? _______________________________________________________ Town of Dewitt Planning Board approval on March 23, 2023 Onondaga County Industrial Development Agency Page 5
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