June 2024 — 6-13-2024 OCIDA Regular Meeting Materials ===================================================== 335 MONTGOMERY STREET, FLOOR 2M, SYRACUSE, NY 13202 315.435.3770 • ECONOMICDEVELOPMENT@ONGOV.NET Regular Meeting Agenda June 13, 2024 8:30AM Call to Order the Regular Meeting of the Agency A. Approval of Minutes: May 9, 2024 B. Treasurer’s Report C. Payment of Bills D. Conflict of Interest Action Items: 1. NexGen Power Systems, Inc. (3101-18-01A) Terminating Project and Evaluating Recapture of Benefits Agency Action Requested: a. A resolution of the Board evaluating the recapture of benefits and terminating a Project with NexGen Power Systems, Inc. and directing execution of termination documents with respect thereto. Representative: Robert Petrovich, Executive Director 2. UR-Ban Villages PFA, LLC (3101-21-07A) Modification Meeting UR-Ban Villages PFA, LLC is requesting a release of a portion of the Land from the Agency’s leasehold interest in the property located at 100 Buckley Road in the Town of Salina. Agency Action Requested a. A resolution of the Board authorizing a release of a portion of the Agency’s leasehold interest in the Project Facility. Representative: Robert Petrovich, Executive Director 3. Public Relations/Marketing Services - Contract Authorization 335 MONTGOMERY STREET, FLOOR 2M, SYRACUSE, NY 13202 315.435.3770 • ECONOMICDEVELOPMENT@ONGOV.NET Regular Meeting Agenda June 13, 2024 8:30AM Call to Order the Regular Meeting of the Agency A. Approval of Minutes: May 9, 2024 B. Treasurer’s Report C. Payment of Bills D. Conflict of Interest Action Items: 1. NexGen Power Systems, Inc. (3101-18-01A) Terminating Project and Evaluating Recapture of Benefits Agency Action Requested: a. A resolution of the Board evaluating the recapture of benefits and terminating a Project with NexGen Power Systems, Inc. and directing execution of termination documents with respect thereto. Representative: Robert Petrovich, Executive Director 2. UR-Ban Villages PFA, LLC (3101-21-07A) Modification Meeting UR-Ban Villages PFA, LLC is requesting a release of a portion of the Land from the Agency’s leasehold interest in the property located at 100 Buckley Road in the Town of Salina. Agency Action Requested a. A resolution of the Board authorizing a release of a portion of the Agency’s leasehold interest in the Project Facility. Representative: Robert Petrovich, Executive Director 3. Public Relations/Marketing Services - Contract Authorization Agency Action Requested: a. A resolution of the Board increasing the contract with ABC Creative Marketing Group Page 1 of 50 in an amount not to exceed $70,000 for public relations/marketing services for OCIDA to communicate the Agency’s objectives. Representative: Robert Petrovich, Executive Director 4. Micron New York Semiconductor Manufacturing LLC - Eminent Domain Action Agency Action Requested: a. A resolution of the Board authorizing and directing Agency staff and counsel to take various actions pursuant to the Eminent Domain Procedure Law for the potential acquisition of lands and easement rights in support of the development of the White Pine Commerce Park. Representative: Jeffrey W. Davis, Agency Counsel 5. COR Van Rensselaer Street Company II, LLC & COR Van Rensselaer Company III, Inc. (3101-15-14A) Request for execution and delivery of lender document in connection with a financing extension. Agency Action Requested: a. A resolution of the Board authorizing execution and delivery of lender documents. Representative: Amanda Fitzgerald, Agency Counsel Adjourn Page 2 of 50 Regular Meeting Minutes May 9, 2024 Agency Action Requested: a. A resolution of the Board increasing the contract with ABC Creative Marketing Group Page 1 of 50 in an amount not to exceed $70,000 for public relations/marketing services for OCIDA to communicate the Agency’s objectives. Representative: Robert Petrovich, Executive Director 4. Micron New York Semiconductor Manufacturing LLC - Eminent Domain Action Agency Action Requested: a. A resolution of the Board authorizing and directing Agency staff and counsel to take various actions pursuant to the Eminent Domain Procedure Law for the potential acquisition of lands and easement rights in support of the development of the White Pine Commerce Park. Representative: Jeffrey W. Davis, Agency Counsel 5. COR Van Rensselaer Street Company II, LLC & COR Van Rensselaer Company III, Inc. (3101-15-14A) Request for execution and delivery of lender document in connection with a financing extension. Agency Action Requested: a. A resolution of the Board authorizing execution and delivery of lender documents. Representative: Amanda Fitzgerald, Agency Counsel Adjourn Page 2 of 50 Regular Meeting Minutes May 9, 2024 A regular meeting of the Onondaga County Industrial Development Agency was held on Thursday, May 9, 2024, 335 Montgomery Street, Floor 2M, Syracuse, New York. Pat Hogan called the meeting to order at 8:30 AM with the following: PRESENT: Patrick Hogan Susan Stanczyk Janice Herzog Fanny Villarreal Cydney Johnson Elizabeth Dreyfuss ABSENT: Kevin Ryan ALSO PRESENT: Robert M. Petrovich, Executive Director Nathaniel Stevens, Treasurer Alexis Rodriguez, Secretary McKenna Moonan, Office of Economic Development Len Rauch, Office of Economic Development Jeff Davis - Barclay Damon Amanda Fitzgerald - Barclay Damon Leila Dwyer - Barclay Damon Chris Andreucci - Harris Beach Kevin McAuliffe - Barclay Damon Heather Lamendola - Barclay Damon Colby Clark - Old Thompson Road LLC Amy Lawler - Old Thompson Road LLC JonElle Baskin-Kelley - Clinton's Ditch John Anthony Dunn - Clinton's Ditch Noelle Meyer - Clinton's Ditch Rick Moriarty - Syracuse.com Page 3 of 50 A regular meeting of the Onondaga County Industrial Development Agency was held on Thursday, May 9, 2024, 335 Montgomery Street, Floor 2M, Syracuse, New York. Pat Hogan called the meeting to order at 8:30 AM with the following: PRESENT: Patrick Hogan Susan Stanczyk Janice Herzog Fanny Villarreal Cydney Johnson Elizabeth Dreyfuss ABSENT: Kevin Ryan ALSO PRESENT: Robert M. Petrovich, Executive Director Nathaniel Stevens, Treasurer Alexis Rodriguez, Secretary McKenna Moonan, Office of Economic Development Len Rauch, Office of Economic Development Jeff Davis - Barclay Damon Amanda Fitzgerald - Barclay Damon Leila Dwyer - Barclay Damon Chris Andreucci - Harris Beach Kevin McAuliffe - Barclay Damon Heather Lamendola - Barclay Damon Colby Clark - Old Thompson Road LLC Amy Lawler - Old Thompson Road LLC JonElle Baskin-Kelley - Clinton's Ditch John Anthony Dunn - Clinton's Ditch Noelle Meyer - Clinton's Ditch Rick Moriarty - Syracuse.com Page 3 of 50 APPROVAL OF REGULAR MEETING MINUTES- APRIL 11, 2024 Upon motion by Cydney Johnson, seconded by Elizabeth Dreyfuss, the OCIDA Board approved the regular meeting minutes of April 11, 2024. Motion was carried. TREASURER’S REPORT Nate Stevens gave a brief overview of the Treasurer’s Report for the month of April 2024. Upon motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved the Treasurer’s Report for the month of April 2024. Motion was carried. APPROVAL OF REGULAR MEETING MINUTES- APRIL 11, 2024 Upon motion by Cydney Johnson, seconded by Elizabeth Dreyfuss, the OCIDA Board approved the regular meeting minutes of April 11, 2024. Motion was carried. TREASURER’S REPORT Nate Stevens gave a brief overview of the Treasurer’s Report for the month of April 2024. Upon motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved the Treasurer’s Report for the month of April 2024. Motion was carried. PAYMENT OF BILLS Nate Stevens gave a brief review of Payment of Bills. Upon motion by Janice Herzog, seconded by Fanny Villarreal, the OCIDA Board approved the Payment of Bills. Motion was carried. PAYMENT OF BILLS Nate Stevens gave a brief review of Payment of Bills. Upon motion by Janice Herzog, seconded by Fanny Villarreal, the OCIDA Board approved the Payment of Bills. Motion was carried. CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts. CONFLICT OF INTEREST DISCLOSURE The Conflict of Interest was circulated and there were no conflicts. ACTION ITEMS 1. Project Termination and Recapture of Benefits for Immediate Mailing Services, Inc. and 245 Commerce LLC (3101-21-15B): Robert Petrovich explained why this motion was being put forward as a result of the applicant not moving forward with the project. Termination of the benefits package and recapture of outstanding $3,600 was put forth. The applicant is aware and in agreeance of repayment of said recapture of the mortgage recording tax exemption. Pat Hogan read the Agency Action Requested: A resolution of the Board recapturing benefits and terminating a Project with Immediate Mailing Services, Inc. and 245 Commerce LLC and directing execution of termination documents Page 4 of 50 with respect thereto. A motion was made by Janice Herzog and seconded by Fanny Villarreal. Motion passed unanimously. ACTION ITEMS 1. Project Termination and Recapture of Benefits for Immediate Mailing Services, Inc. and 245 Commerce LLC (3101-21-15B): Robert Petrovich explained why this motion was being put forward as a result of the applicant not moving forward with the project. Termination of the benefits package and recapture of outstanding $3,600 was put forth. The applicant is aware and in agreeance of repayment of said recapture of the mortgage recording tax exemption. Pat Hogan read the Agency Action Requested: A resolution of the Board recapturing benefits and terminating a Project with Immediate Mailing Services, Inc. and 245 Commerce LLC and directing execution of termination documents Page 4 of 50 with respect thereto. A motion was made by Janice Herzog and seconded by Fanny Villarreal. Motion passed unanimously. 2. Clinton’s Ditch Co-Operative, Inc. (3101-24-03A): John Dunn, General Manager of Clinton’s Ditch, gave a brief overview and the history of his company. A question was posed about the environmental issues stated on the application referring to the NYS D.E.C. permitting. Wetland mitigation is in the works, whether that be on-site or off-site is still unknown to Mr. Dunn. Pat Hogan read the Agency Action Requested: Clinton's Ditch Co-Operative Company, Inc, is proposing to expand their existing 274,000 SF facility in the Town of Cicero by adding approximately 100,000 SF. The addition will include a two-story office space, a chemical storage area and a small waste treatment building. The company is also proposing to construct a new 19,520 SF truck repair facility to support their fleet of tractors and trailers. Pat Hogan read the Agency Action requested. A resolution of the Board authorizing a public hearing regarding the requests for exemptions from certain sales and use taxes, real property taxes, real estate transfer taxes, and mortgage recording taxes. A motion was made by Susan Stanczyk and seconded by Janice Herzog. Motion passed unanimously. 2. Clinton’s Ditch Co-Operative, Inc. (3101-24-03A): John Dunn, General Manager of Clinton’s Ditch, gave a brief overview and the history of his company. A question was posed about the environmental issues stated on the application referring to the NYS D.E.C. permitting. Wetland mitigation is in the works, whether that be on-site or off-site is still unknown to Mr. Dunn. Pat Hogan read the Agency Action Requested: Clinton's Ditch Co-Operative Company, Inc, is proposing to expand their existing 274,000 SF facility in the Town of Cicero by adding approximately 100,000 SF. The addition will include a two-story office space, a chemical storage area and a small waste treatment building. The company is also proposing to construct a new 19,520 SF truck repair facility to support their fleet of tractors and trailers. Pat Hogan read the Agency Action requested. A resolution of the Board authorizing a public hearing regarding the requests for exemptions from certain sales and use taxes, real property taxes, real estate transfer taxes, and mortgage recording taxes. A motion was made by Susan Stanczyk and seconded by Janice Herzog. Motion passed unanimously. 3. Old Thompson Road, LLC (3101-24-04C): Pat Hogan introduced the proposal by the applicant. Robert Petrovich added that Kevin McAuliffe of Barclay Damon is representing the applicant, Chris Andreucci of Harris Beach was acknowledged as OCIDA counsel. Mr. McAuliffe gave a brief overview of the applicant and past projects which was followed by an introduction of Colby Clark. Mr. Clark gave an introduction to Feldmeier Equipment as well as a history of the company. Mr. Clark then explained past projects of the company and ended by stating that Syracuse is home. Pat Hogan asked Nate Stevens to give an overview of the PILOT. Nate Stevens described how the existing and requested PILOTs will interact. Pat Hogan read the Agency Action Requested: A resolution of the Board describing the proposed project and the financial assistance the Agency may provide and authorizing a public hearing for the project. The financial Page 5 of 50 assistance requested includes (i) a partial exemption from the additional property taxes that would otherwise be due but for the Agency’s involvement in the Project and (ii) an exemption from sales and use tax and mortgage recording tax. A motion was made by Susan Stanczyk and seconded by Fanny Villarreal. Motion passed unanimously. Motion to adjourn made by Susan Stanczyk and seconded by Fanny Villarreal at 8:48am. 3. Old Thompson Road, LLC (3101-24-04C): Pat Hogan introduced the proposal by the applicant. Robert Petrovich added that Kevin McAuliffe of Barclay Damon is representing the applicant, Chris Andreucci of Harris Beach was acknowledged as OCIDA counsel. Mr. McAuliffe gave a brief overview of the applicant and past projects which was followed by an introduction of Colby Clark. Mr. Clark gave an introduction to Feldmeier Equipment as well as a history of the company. Mr. Clark then explained past projects of the company and ended by stating that Syracuse is home. Pat Hogan asked Nate Stevens to give an overview of the PILOT. Nate Stevens described how the existing and requested PILOTs will interact. Pat Hogan read the Agency Action Requested: A resolution of the Board describing the proposed project and the financial assistance the Agency may provide and authorizing a public hearing for the project. The financial Page 5 of 50 assistance requested includes (i) a partial exemption from the additional property taxes that would otherwise be due but for the Agency’s involvement in the Project and (ii) an exemption from sales and use tax and mortgage recording tax. A motion was made by Susan Stanczyk and seconded by Fanny Villarreal. Motion passed unanimously. Motion to adjourn made by Susan Stanczyk and seconded by Fanny Villarreal at 8:48am. Alexis Rodriguez, Secretary Page 6 of 50 May 31, 2024 Revenue / Expense / Income Current Period Current YTD Operating/Non-Op Revenue 1,694,793 2,406,263 Administrative Expense 36,493 222,654 Operating/Program Expense 29,373 270,732 Net Ordinary Income 1,628,927 1,912,878 Current Assets Current YTD Prior YTD Total Cash 7,094,139 6,958,899 Less Pass Through Received 360,241 1,514,443 Available Cash 6,733,898 5,444,456 Receivables 1,755,303 425,967 Total 8,489,202 5,870,423 Page 7 of 50 Onondaga County Industrial Development Agency Profit and Loss May 2024 Alexis Rodriguez, Secretary Page 6 of 50 May 31, 2024 Revenue / Expense / Income Current Period Current YTD Operating/Non-Op Revenue 1,694,793 2,406,263 Administrative Expense 36,493 222,654 Operating/Program Expense 29,373 270,732 Net Ordinary Income 1,628,927 1,912,878 Current Assets Current YTD Prior YTD Total Cash 7,094,139 6,958,899 Less Pass Through Received 360,241 1,514,443 Available Cash 6,733,898 5,444,456 Receivables 1,755,303 425,967 Total 8,489,202 5,870,423 Page 7 of 50 Onondaga County Industrial Development Agency Profit and Loss May 2024 TOTAL Income 500 Operating Revenue 2116 Fees 2116.1 Agency Fees 1,533,081.18 2116.2 Application Fees 1,000.00 2116.3 WPCP Agency Fee 111,111.11 Total 2116 Fees 1,645,192.29 Total 500 Operating Revenue 1,645,192.29 501 Non-Operating Revenue 8,907.82 2401 Interest Income 25,692.81 501.2 Other Non-Operating Revenue 15,000.00 Total 501 Non-Operating Revenue 49,600.63 534 Pilot & Pass Thru Revenue 528.003 OHB Redev LLC Funds Pass Thru 24,536.68 529 PILOT Income 58,217.09 Total 534 Pilot & Pass Thru Revenue 82,753.77 550 WPCP Pass Thru Revenue 306,565.66 Total Income $2,084,112.35 GROSS PROFIT $2,084,112.35 Expenses 6400 Operating Expense 6406 Other Professional Services 6406.50 Consulting Services 3,000.00 Total 6406 Other Professional Services 3,000.00 6407 Administrative Expense 36,492.65 6408 Meeting Expenses 199.96 6409 Conference Attendence 357.99 6410 Office Expense 1,795.43 Total 6400 Operating Expense 41,846.03 6440 Legal Fees 6450 Barclay Damon 6460 IDA General Legal 3,776.31 Total 6450 Barclay Damon 3,776.31 Total 6440 Legal Fees 3,776.31 6500 Agency Program Expenses 6510 White Pine Commerce Park 6510.7 WPCP Marketing 18,113.62 Total 6510 White Pine Commerce Park 18,113.62 Total 6500 Agency Program Expenses 18,113.62 TOTAL Income 500 Operating Revenue 2116 Fees 2116.1 Agency Fees 1,533,081.18 2116.2 Application Fees 1,000.00 2116.3 WPCP Agency Fee 111,111.11 Total 2116 Fees 1,645,192.29 Total 500 Operating Revenue 1,645,192.29 501 Non-Operating Revenue 8,907.82 2401 Interest Income 25,692.81 501.2 Other Non-Operating Revenue 15,000.00 Total 501 Non-Operating Revenue 49,600.63 534 Pilot & Pass Thru Revenue 528.003 OHB Redev LLC Funds Pass Thru 24,536.68 529 PILOT Income 58,217.09 Total 534 Pilot & Pass Thru Revenue 82,753.77 550 WPCP Pass Thru Revenue 306,565.66 Total Income $2,084,112.35 GROSS PROFIT $2,084,112.35 Expenses 6400 Operating Expense 6406 Other Professional Services 6406.50 Consulting Services 3,000.00 Total 6406 Other Professional Services 3,000.00 6407 Administrative Expense 36,492.65 6408 Meeting Expenses 199.96 6409 Conference Attendence 357.99 6410 Office Expense 1,795.43 Total 6400 Operating Expense 41,846.03 6440 Legal Fees 6450 Barclay Damon 6460 IDA General Legal 3,776.31 Total 6450 Barclay Damon 3,776.31 Total 6440 Legal Fees 3,776.31 6500 Agency Program Expenses 6510 White Pine Commerce Park 6510.7 WPCP Marketing 18,113.62 Total 6510 White Pine Commerce Park 18,113.62 Total 6500 Agency Program Expenses 18,113.62 Page 8 of 50 Accrual Basis Thursday, June 6, 2024 12:53 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss May 2024 TOTAL 6514 White Pine Science & Technology Park 6514.1 Legal 77.50 6514.2 Engineering 1,052.50 6514.3 Property Maintenance 1,000.00 Total 6514 White Pine Science & Technology Park 2,130.00 6600 Non-Operating Expenses 6605 Pilot & Pass Thru Expenses 6605.2 PILOT Expense 66,184.56 6606 OHB Redev LLC Funds Pass Thru 24,536.68 Total 6605 Pilot & Pass Thru Expenses 90,721.24 Total 6600 Non-Operating Expenses 90,721.24 6610 WPCP Pass Thru Expenses 6610.1 Barclay Damon 177,777.78 6610.2 JMT 128,787.88 Total 6610 WPCP Pass Thru Expenses 306,565.66 Total Expenses $463,152.86 NET OPERATING INCOME $1,620,959.49 NET INCOME $1,620,959.49 Page 8 of 50 Accrual Basis Thursday, June 6, 2024 12:53 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss May 2024 TOTAL 6514 White Pine Science & Technology Park 6514.1 Legal 77.50 6514.2 Engineering 1,052.50 6514.3 Property Maintenance 1,000.00 Total 6514 White Pine Science & Technology Park 2,130.00 6600 Non-Operating Expenses 6605 Pilot & Pass Thru Expenses 6605.2 PILOT Expense 66,184.56 6606 OHB Redev LLC Funds Pass Thru 24,536.68 Total 6605 Pilot & Pass Thru Expenses 90,721.24 Total 6600 Non-Operating Expenses 90,721.24 6610 WPCP Pass Thru Expenses 6610.1 Barclay Damon 177,777.78 6610.2 JMT 128,787.88 Total 6610 WPCP Pass Thru Expenses 306,565.66 Total Expenses $463,152.86 NET OPERATING INCOME $1,620,959.49 NET INCOME $1,620,959.49 Page 9 of 50 Accrual Basis Thursday, June 6, 2024 12:53 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2024 TOTAL ASSETS Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 5,836,332.99 200.2 Cash - M & T Money Maker Savings 1,957,192.41 Total 200 Cash 7,793,525.40 Total Bank Accounts $7,793,525.40 Accounts Receivable 380 Accounts Rec. 380.6 A/R Fees, Lease & PILOT 2,482,691.33 Total 380 Accounts Rec. 2,482,691.33 Total Accounts Receivable $2,482,691.33 Other Current Assets 480 Prepaid Expenses 480.4 Credit Balance on Card -650.00 Total 480 Prepaid Expenses -650.00 Total Other Current Assets $ -650.00 Total Current Assets $10,275,566.73 Fixed Assets 100 Land 101 White Pines Commerce Park 0.00 101.3 Engineering Services 16,190.00 101.4 Environmental/Demo Services 110.00 Total 101.3 Engineering Services 16,300.00 101.6 WPCP Marketing 221.49 Total 101 White Pines Commerce Park 16,521.49 107 800 Hiawatha 604,840.42 108 White Pine Science & Technology Park 2,140,557.00 Total 100 Land 2,761,918.91 104 Machinery & Equipment 104.1 Office Furniture 1,429.00 104.2 Equipment 4,589.00 Total 104 Machinery & Equipment 6,018.00 211 A/D Office Furniture -5,042.00 250 Investment in Real Property 30,756,703.00 Total Fixed Assets $33,519,597.91 Page 9 of 50 Accrual Basis Thursday, June 6, 2024 12:53 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2024 TOTAL ASSETS Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 5,836,332.99 200.2 Cash - M & T Money Maker Savings 1,957,192.41 Total 200 Cash 7,793,525.40 Total Bank Accounts $7,793,525.40 Accounts Receivable 380 Accounts Rec. 380.6 A/R Fees, Lease & PILOT 2,482,691.33 Total 380 Accounts Rec. 2,482,691.33 Total Accounts Receivable $2,482,691.33 Other Current Assets 480 Prepaid Expenses 480.4 Credit Balance on Card -650.00 Total 480 Prepaid Expenses -650.00 Total Other Current Assets $ -650.00 Total Current Assets $10,275,566.73 Fixed Assets 100 Land 101 White Pines Commerce Park 0.00 101.3 Engineering Services 16,190.00 101.4 Environmental/Demo Services 110.00 Total 101.3 Engineering Services 16,300.00 101.6 WPCP Marketing 221.49 Total 101 White Pines Commerce Park 16,521.49 107 800 Hiawatha 604,840.42 108 White Pine Science & Technology Park 2,140,557.00 Total 100 Land 2,761,918.91 104 Machinery & Equipment 104.1 Office Furniture 1,429.00 104.2 Equipment 4,589.00 Total 104 Machinery & Equipment 6,018.00 211 A/D Office Furniture -5,042.00 250 Investment in Real Property 30,756,703.00 Total Fixed Assets $33,519,597.91 Page 10 of 50 Accrual Basis Thursday, June 6, 2024 12:52 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2024 TOTAL Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $43,796,806.40 Page 10 of 50 Accrual Basis Thursday, June 6, 2024 12:52 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Balance Sheet As of May 31, 2024 TOTAL Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $43,796,806.40 LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts Payable 300 WPCP Pass Thru Payable 1,082,627.58 Total Accounts Payable $1,082,627.58 Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 222,653.57 600.204 OHB Redev LLC Funds 699,386.34 600.208 BlueRock Energy Agreement Deposit 25,000.00 600.209 Syracuse Rail Overpayment 500.00 600.3 Onondaga County Loan 28,079,656.77 600.31 Accrued Interest - OC Note Payable 1,823,051.00 Total 600.3 Onondaga County Loan 29,902,707.77 Total 600 Accounts Payable 30,850,247.68 601 PILOT and Pass Thru Payable 603 PILOT Pass Thru -6,834,755.90 Total 601 PILOT and Pass Thru Payable -6,834,755.90 631 Due to Other Governments 631.1 Towns 631.155 Skaneateles 0.10 Total 631.1 Towns 0.10 Total 631 Due to Other Governments 0.10 Total Other Current Liabilities $24,015,491.88 Total Current Liabilities $25,098,119.46 Total Liabilities $25,098,119.46 Equity 3900 Equity Unreserved 7,227,937.45 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 368,811.84 465 Equity - Unreserved 4,017.16 Net Income 8,752,081.86 Total Equity $18,698,686.94 TOTAL LIABILITIES AND EQUITY $43,796,806.40 LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts Payable 300 WPCP Pass Thru Payable 1,082,627.58 Total Accounts Payable $1,082,627.58 Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 222,653.57 600.204 OHB Redev LLC Funds 699,386.34 600.208 BlueRock Energy Agreement Deposit 25,000.00 600.209 Syracuse Rail Overpayment 500.00 600.3 Onondaga County Loan 28,079,656.77 600.31 Accrued Interest - OC Note Payable 1,823,051.00 Total 600.3 Onondaga County Loan 29,902,707.77 Total 600 Accounts Payable 30,850,247.68 601 PILOT and Pass Thru Payable 603 PILOT Pass Thru -6,834,755.90 Total 601 PILOT and Pass Thru Payable -6,834,755.90 631 Due to Other Governments 631.1 Towns 631.155 Skaneateles 0.10 Total 631.1 Towns 0.10 Total 631 Due to Other Governments 0.10 Total Other Current Liabilities $24,015,491.88 Total Current Liabilities $25,098,119.46 Total Liabilities $25,098,119.46 Equity 3900 Equity Unreserved 7,227,937.45 3901 Equity-Investment Fixed Assets 2,345,838.63 463 Reserve For Contracts 368,811.84 465 Equity - Unreserved 4,017.16 Net Income 8,752,081.86 Total Equity $18,698,686.94 TOTAL LIABILITIES AND EQUITY $43,796,806.40 Page 11 of 50 Accrual Basis Thursday, June 6, 2024 12:52 PM GMT-04:00 2/2 Page 11 of 50 Accrual Basis Thursday, June 6, 2024 12:52 PM GMT-04:00 2/2 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #494 June 13, 2024 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #494 June 13, 2024 GENERAL EXPENSES 1. GROSSMAN ST. AMOUR CPA'S PLLC $ 15,000.00 2023 Audit, Inv#89664 2. ONONDAGA COUNTY $ 3,600.00 IMS Mortgage Recording Taxes 3. BARCLAY DAMON LLP $ 4,262.00 Legal fees for Lot 27 4. BARCLAY DAMON LLP $ 29,185.36 OHB Redev, Inv#5286663 5. BARCLAY DAMON LLP $ 874.36 Retained Corporate & Public Finance Matters, Inv#5285696 6. BARCLAY DAMON LLP $ 177,777.78 May 2024 Legal Costs 7. JMT OF NEW YORK, INC. $ 128,787.88 May 2024 Engineering Costs 8. GORICK CONSTRUCTION CO., INC. $ 53,675.00 Demoliton Costs 9. LOVELL AND ASSOCIATES, LLC $ 3,000.00 May 2024 Consulting 10. DRYDEN MUTUAL INSURANCE CO. $ 1,614.19 Insurance Premium Page 12 of 50 Page 2 11. ROBERT PETROVICH $ 106.40 NYSEDC Conference Mileage 12. NATE STEVENS $ 130.76 NYSEDC Conference Mileage 13. ALEXIS RODRIGUEZ $ 130.76 NYSEDC Conference Mileage GENERAL EXPENSES 1. GROSSMAN ST. AMOUR CPA'S PLLC $ 15,000.00 2023 Audit, Inv#89664 2. ONONDAGA COUNTY $ 3,600.00 IMS Mortgage Recording Taxes 3. BARCLAY DAMON LLP $ 4,262.00 Legal fees for Lot 27 4. BARCLAY DAMON LLP $ 29,185.36 OHB Redev, Inv#5286663 5. BARCLAY DAMON LLP $ 874.36 Retained Corporate & Public Finance Matters, Inv#5285696 6. BARCLAY DAMON LLP $ 177,777.78 May 2024 Legal Costs 7. JMT OF NEW YORK, INC. $ 128,787.88 May 2024 Engineering Costs 8. GORICK CONSTRUCTION CO., INC. $ 53,675.00 Demoliton Costs 9. LOVELL AND ASSOCIATES, LLC $ 3,000.00 May 2024 Consulting 10. DRYDEN MUTUAL INSURANCE CO. $ 1,614.19 Insurance Premium Page 12 of 50 Page 2 11. ROBERT PETROVICH $ 106.40 NYSEDC Conference Mileage 12. NATE STEVENS $ 130.76 NYSEDC Conference Mileage 13. ALEXIS RODRIGUEZ $ 130.76 NYSEDC Conference Mileage 14. MCKENNA MOONAN $ 134.76 NYSEDC Conference Mileage 15. LEN RAUCH $ 209.48 Albany Meeting Mileage 16. MICRON TECHNOLOGY, INC. $ 90.88 Reimbursement TOTAL $ 418,579.61 Page 13 of 50 14. MCKENNA MOONAN $ 134.76 NYSEDC Conference Mileage 15. LEN RAUCH $ 209.48 Albany Meeting Mileage 16. MICRON TECHNOLOGY, INC. $ 90.88 Reimbursement TOTAL $ 418,579.61 Page 13 of 50 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #494 June 13, 2024 PILOT Payments 1. ONONDAGA COUNTY* $ 8,397.02 Finger Lakes Railway 2024 PILOT Payment 2. TOWN OF CAMILLUS* $ 5,985.32 Finger Lakes Railway 2024 PILOT Payment 3. VILLAGE OF CAMILLUS* $ 1,035.09 Finger Lakes Railway 2024 PILOT Payment 4. TOWN OF ELBRIDGE* $ 2,438.65 Finger Lakes Railway 2024 PILOT Payment 5. TOWN OF GEDDES* $ 81.13 Finger Lakes Railway 2024 PILOT Payment 6. VILLAGE OF SOLVAY* $ 648.47 Finger Lakes Railway 2024 PILOT Payment 7. WEST GENESEE CSD* $ 14,537.87 Finger Lakes Railway 2024 PILOT Payment 8. SOLVAY UNION FREE SCHOOL DISTRICT* $ 4,139.80 Finger Lakes Railway 2024 PILOT Payment 9. JORDAN-ELBRIDGE CSD* $ 20,644.74 Finger Lakes Railway 2024 PILOT Payment 10. MARCELLUS CSD* $ 309.00 Finger Lakes Railway 2024 PILOT Payment ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PAYMENT OF BILLS - SCHEDULE #494 June 13, 2024 PILOT Payments 1. ONONDAGA COUNTY* $ 8,397.02 Finger Lakes Railway 2024 PILOT Payment 2. TOWN OF CAMILLUS* $ 5,985.32 Finger Lakes Railway 2024 PILOT Payment 3. VILLAGE OF CAMILLUS* $ 1,035.09 Finger Lakes Railway 2024 PILOT Payment 4. TOWN OF ELBRIDGE* $ 2,438.65 Finger Lakes Railway 2024 PILOT Payment 5. TOWN OF GEDDES* $ 81.13 Finger Lakes Railway 2024 PILOT Payment 6. VILLAGE OF SOLVAY* $ 648.47 Finger Lakes Railway 2024 PILOT Payment 7. WEST GENESEE CSD* $ 14,537.87 Finger Lakes Railway 2024 PILOT Payment 8. SOLVAY UNION FREE SCHOOL DISTRICT* $ 4,139.80 Finger Lakes Railway 2024 PILOT Payment 9. JORDAN-ELBRIDGE CSD* $ 20,644.74 Finger Lakes Railway 2024 PILOT Payment 10. MARCELLUS CSD* $ 309.00 Finger Lakes Railway 2024 PILOT Payment 11. ONONDAGA COUNTY** $ 2,788.61 COR Inner Harbor Sub Project 1 1st Q 2024 PILOT Payment 12. SYRACUSE CITY SCHOOL DISTRICT** $ 3,107.32 COR Inner Harbor Sub Project 1 1st Q 2024 PILOT Payment 13. CITY OF SYRACUSE** $ 2,071.54 COR Inner Harbor Sub Project 1 1st Q 2024 PILOT Payment TOTAL $ 66,184.56 *Ratification of checks dated May 28, 2024 **Ratification of checks dated May 29, 2024 Page 14 of 50 Page 15 of 50 Page 16 of 50 11. ONONDAGA COUNTY** $ 2,788.61 COR Inner Harbor Sub Project 1 1st Q 2024 PILOT Payment 12. SYRACUSE CITY SCHOOL DISTRICT** $ 3,107.32 COR Inner Harbor Sub Project 1 1st Q 2024 PILOT Payment 13. CITY OF SYRACUSE** $ 2,071.54 COR Inner Harbor Sub Project 1 1st Q 2024 PILOT Payment TOTAL $ 66,184.56 *Ratification of checks dated May 28, 2024 **Ratification of checks dated May 29, 2024 Page 14 of 50 Page 15 of 50 Page 16 of 50 ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR FINANCIAL ASSISTANCE 1. Fill in all blanks using “none”, “not applicable” or “not available”. If you have any questions about the way to respond, please call the Onondaga County Industrial Development Agency (the “Agency” or “OCIDA”) at 315-435-3770. 2. 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. 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY APPLICATION FOR FINANCIAL ASSISTANCE 1. Fill in all blanks using “none”, “not applicable” or “not available”. If you have any questions about the way to respond, please call the Onondaga County Industrial Development Agency (the “Agency” or “OCIDA”) at 315-435-3770. 2. 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. 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary forms and documents. 4. All projects approved for benefits by the OCIDA Board will close with the Agency within 6-months of the OCIDA Board approval 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. 5. The Agency will not give final approval for this Application until the Agency receives a completed NYS Full Environmental Assessment Form concerning the project which is the subject of this Application. The form is available at https://extapps.dec.ny.gov/docs/permits_ej_operations_pdf/feafpart1.pdf 6. Public Officers Law stipulates all records in the possession of the Agency (with certain limited exceptions) are open to public inspection and reproduction. Should the Applicant believe there are project elements which are trade secrets if publicly disclosed or otherwise widely disseminated, would cause substantial injury to the Applicant’s competitive position, the 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 Agency may also redact personal, private, and/or proprietary information from publicly disseminated documents. 4. All projects approved for benefits by the OCIDA Board will close with the Agency within 6-months of the OCIDA Board approval 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. 5. The Agency will not give final approval for this Application until the Agency receives a completed NYS Full Environmental Assessment Form concerning the project which is the subject of this Application. The form is available at https://extapps.dec.ny.gov/docs/permits_ej_operations_pdf/feafpart1.pdf 6. Public Officers Law stipulates all records in the possession of the Agency (with certain limited exceptions) are open to public inspection and reproduction. Should the Applicant believe there are project elements which are trade secrets if publicly disclosed or otherwise widely disseminated, would cause substantial injury to the Applicant’s competitive position, the 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 Agency may also redact personal, private, and/or proprietary information from publicly disseminated documents. 7. The completed Application and associated fees MUST be received 10 business days prior to the upcoming OCIDA Board meeting in order to be placed on the agenda. A signed application may be submitted by mail, fax or electronically in PDF format to Nate Stevens at natestevens@ongov.net.  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 This Application was adopted by the OCIDA Board on February 15, 2024. Onondaga County Industrial Development Agency Page 1 Page 17 of 50 Return completed application to: Onondaga County Industrial Development Agency 335 Montgomery Street, Floor 2M Syracuse, NY 13202 Phone: 315-435-3770 | Fax: 315-435-3669 natestevens@ongov.net Section I: Applicant Information Submittal Date: _____________ July 14, 2023 AMENDED AND RESTATED JUNE 10, 2024 A) Applicant/Project Operator information (company receiving benefits): 1. Applicant/Project Operator: __________________________________________________ Micron New York Semiconductor Manufacturing LLC 7. The completed Application and associated fees MUST be received 10 business days prior to the upcoming OCIDA Board meeting in order to be placed on the agenda. A signed application may be submitted by mail, fax or electronically in PDF format to Nate Stevens at natestevens@ongov.net.  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 This Application was adopted by the OCIDA Board on February 15, 2024. Onondaga County Industrial Development Agency Page 1 Page 17 of 50 Return completed application to: Onondaga County Industrial Development Agency 335 Montgomery Street, Floor 2M Syracuse, NY 13202 Phone: 315-435-3770 | Fax: 315-435-3669 natestevens@ongov.net Section I: Applicant Information Submittal Date: _____________ July 14, 2023 AMENDED AND RESTATED JUNE 10, 2024 A) Applicant/Project Operator information (company receiving benefits): 1. Applicant/Project Operator: __________________________________________________ Micron New York Semiconductor Manufacturing LLC Applicant/Project Operator Address: _______________________________________ 8000 S. Federal Way, Boise, ID 83716 __________ Phone: __________________________ 208-368-4000 Fax: ________________________ 208-368-4617 __________ Website: ___________________________ www.micron.com Email: _____________________ aeberlin@micron.com ____________ Federal ID#: ________________________ 92-0692507 NAICS: ________________________________ 334413 State of Incorporation: ____________________________________________________________ Delaware See link for your NYS incorporation information. https://apps.dos.ny.gov/publicInquiry 2. Owner (if different from Applicant/Project Operator): ____________________________ N/A Applicant/Project Operator Address: _______________________________________ 8000 S. Federal Way, Boise, ID 83716 __________ Phone: __________________________ 208-368-4000 Fax: ________________________ 208-368-4617 __________ Website: ___________________________ www.micron.com Email: _____________________ aeberlin@micron.com ____________ Federal ID#: ________________________ 92-0692507 NAICS: ________________________________ 334413 State of Incorporation: ____________________________________________________________ Delaware See link for your NYS incorporation information. https://apps.dos.ny.gov/publicInquiry 2. Owner (if different from Applicant/Project Operator): ____________________________ N/A Owner Address: __________________________________________________________ Federal ID#: ______________________________________________________________ State of Incorporation: ______________________________________________________ List of stockholders, members, or partners of Owner: ____________________________ _ B) Applicant Business Organization (check appropriate category): ☐ Corporation ☐ Partnership ☐ Public Corporation ☐ Joint Venture ☐ Sole Proprietorship ✔ Limited Liability Company ☐ ☐ Other, explain List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership ___________________________________ Micron Technology, Inc. _________________________________ 100% ___________________________________ _________________________________ ___________________________________ _________________________________ ___________________________________ _________________________________ Onondaga County Industrial Development Agency Page 2 Page 18 of 50 Owner Address: __________________________________________________________ Federal ID#: ______________________________________________________________ State of Incorporation: ______________________________________________________ List of stockholders, members, or partners of Owner: ____________________________ _ B) Applicant Business Organization (check appropriate category): ☐ Corporation ☐ Partnership ☐ Public Corporation ☐ Joint Venture ☐ Sole Proprietorship ✔ Limited Liability Company ☐ ☐ Other, explain List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership ___________________________________ Micron Technology, Inc. _________________________________ 100% ___________________________________ _________________________________ ___________________________________ _________________________________ ___________________________________ _________________________________ Onondaga County Industrial Development Agency Page 2 Page 18 of 50 C) Applicant Business Description: See attached: US Sales Projections Narrative Estimated % of sales within Onondaga County: _________________________________ Estimated % of sales outside Onondaga County but within New York State: ___________ Estimated % of sales outside New York State but within the U.S.: __________________ Estimated % of sales outside the U.S.: (*Percentage to equal 100%) ________________ Applicant /Owner History: 1. Is the Owner and/or Applicant or any manager or owner of the Owner and/or Applicant now a ✔ No ☐ Yes, explain plaintiff or defendant in any civil or criminal litigation? ☐ 2. Has any owner of manager of the Owner and/or Applicant listed above ever been convicted of a ✔ No ☐ Yes, explain criminal offense (other than a minor traffic violation)? ☐ 3. Has any person listed in Section I ever been in receivership or declared bankruptcy? ☐✔ No ☐ Yes, explain D) Has the Applicant/Owner received assistance from Onondaga County Industrial Development Agency (OCIDA, Syracuse Industrial Development Agency (SIDA), New York State or the Onondaga Civic Development Corporation (OCDC) in the past? ✔ ☐No ☐ Yes, explain (Provide year, project name, benefit description, amounts, address) E) Individual Completing Application: C) Applicant Business Description: See attached: US Sales Projections Narrative Estimated % of sales within Onondaga County: _________________________________ Estimated % of sales outside Onondaga County but within New York State: ___________ Estimated % of sales outside New York State but within the U.S.: __________________ Estimated % of sales outside the U.S.: (*Percentage to equal 100%) ________________ Applicant /Owner History: 1. Is the Owner and/or Applicant or any manager or owner of the Owner and/or Applicant now a ✔ No ☐ Yes, explain plaintiff or defendant in any civil or criminal litigation? ☐ 2. Has any owner of manager of the Owner and/or Applicant listed above ever been convicted of a ✔ No ☐ Yes, explain criminal offense (other than a minor traffic violation)? ☐ 3. Has any person listed in Section I ever been in receivership or declared bankruptcy? ☐✔ No ☐ Yes, explain D) Has the Applicant/Owner received assistance from Onondaga County Industrial Development Agency (OCIDA, Syracuse Industrial Development Agency (SIDA), New York State or the Onondaga Civic Development Corporation (OCDC) in the past? ✔ ☐No ☐ Yes, explain (Provide year, project name, benefit description, amounts, address) E) Individual Completing Application: Name: Scott Gatzemeier Title: _______________________________ CVP, Front End US Expansion Address: 8000 S. Federal Way, PO Box 6, Boise, ID 83707 Phone: ______________________________ 208-363-4026 Cell Phone: None E-mail:______________________________ sngatzemeier@micron.com F) Company Contact (if different from individual completing application): Name: Anna Eberlin Title: ____________________________ Senior Assistant General Counsel Address: 8000 S. Federal Way, PO Box 6, Boise, ID 83707 Phone: ___________________________ 208-363-2424 Cell Phone: None Email: ___________________________ aeberlin@micron.com Onondaga County Industrial Development Agency Page 3 Page 19 of 50 G) Company Counsel: Name of Attorney: _____________________________________________________________ John P. Sidd Name: Scott Gatzemeier Title: _______________________________ CVP, Front End US Expansion Address: 8000 S. Federal Way, PO Box 6, Boise, ID 83707 Phone: ______________________________ 208-363-4026 Cell Phone: None E-mail:______________________________ sngatzemeier@micron.com F) Company Contact (if different from individual completing application): Name: Anna Eberlin Title: ____________________________ Senior Assistant General Counsel Address: 8000 S. Federal Way, PO Box 6, Boise, ID 83707 Phone: ___________________________ 208-363-2424 Cell Phone: None Email: ___________________________ aeberlin@micron.com Onondaga County Industrial Development Agency Page 3 Page 19 of 50 G) Company Counsel: Name of Attorney: _____________________________________________________________ John P. Sidd Firm Name: __________________________________________________________________ Hancock Estabrook LLP Address: _____________________________________________________________________ 1800 AXA Tower I, 100 Madison Street, Syracuse, NY 13202 Phone: ______________________________________________________________________ 315-565-4500 Cell Phone: ___________________________________________________________________ None Email: _______________________________________________________________________ jsidd@hancocklaw.com Onondaga County Industrial Development Agency Page 4 Page 20 of 50 Section II: Project and Site Information A) Project Location is where the investment will take place. If Applicant is moving, the new location should be entered here and the current location should be in Section I. Address: White Pine Commerce Park Legal Address (if different): 5171 NYS Route 31 City: N/A Town: _______________Village: Clay N/A Firm Name: __________________________________________________________________ Hancock Estabrook LLP Address: _____________________________________________________________________ 1800 AXA Tower I, 100 Madison Street, Syracuse, NY 13202 Phone: ______________________________________________________________________ 315-565-4500 Cell Phone: ___________________________________________________________________ None Email: _______________________________________________________________________ jsidd@hancocklaw.com Onondaga County Industrial Development Agency Page 4 Page 20 of 50 Section II: Project and Site Information A) Project Location is where the investment will take place. If Applicant is moving, the new location should be entered here and the current location should be in Section I. Address: White Pine Commerce Park Legal Address (if different): 5171 NYS Route 31 City: N/A Town: _______________Village: Clay N/A Zip Code: 13041 School District: North Syracuse Central School District Tax Map Parcel ID(s): See Attached Town of Clay Tax Map Parcel ID List & Preliminary Site Plan Full Market Value: _______________ $30M Square Footage of Existing Building(s):_______________ All existing buildings to be removed by OCIDA in 2023 B) Project Activity (Check all that apply): ✔ New construction ☐ ☐ Acquisition of existing facility ☐ Expansion to current facilities ☐ Brownfield/Remediated Brownfield ☐ Renovation of existing facility ☐ Demolition and construction ✔ Purchase of machinery/equipment ☐ C) Select Project Type or Project End Use at site (you may check more than one): ✔ Manufacturing ☐ ☐ Mixed Use ☐ Retail (see Section V) ☐ Facility of Aging ☐ Housing Project (see Section VII) ☐ Distribution/Wholesale ☐ Civic Facility (not for profit) ☐ Commercial ✔ Industrial ☐ ☐ Renewable Energy Project (see Section VI) ☐ Other, explain Zip Code: 13041 School District: North Syracuse Central School District Tax Map Parcel ID(s): See Attached Town of Clay Tax Map Parcel ID List & Preliminary Site Plan Full Market Value: _______________ $30M Square Footage of Existing Building(s):_______________ All existing buildings to be removed by OCIDA in 2023 B) Project Activity (Check all that apply): ✔ New construction ☐ ☐ Acquisition of existing facility ☐ Expansion to current facilities ☐ Brownfield/Remediated Brownfield ☐ Renovation of existing facility ☐ Demolition and construction ✔ Purchase of machinery/equipment ☐ C) Select Project Type or Project End Use at site (you may check more than one): ✔ Manufacturing ☐ ☐ Mixed Use ☐ Retail (see Section V) ☐ Facility of Aging ☐ Housing Project (see Section VII) ☐ Distribution/Wholesale ☐ Civic Facility (not for profit) ☐ Commercial ✔ Industrial ☐ ☐ Renewable Energy Project (see Section VI) ☐ Other, explain D) Project Narrative: Please check one of the two boxes below and attach statement. ✔ A statement that the Project described in this application would not be undertaken but for ☐ the financial assistance provided by the Agency. Please see attached Project Narrative ☐ If the Project is going to advance regardless of any financial assistance from the Agency, please provide a statement indicating why the project should be considered by the Agency for any financial assistance. Onondaga County Industrial Development Agency Page 5 Page 21 of 50 E) Description of Project: Please attach a detailed narrative of the proposed Project. Please attached 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; ☐ D) Project Narrative: Please check one of the two boxes below and attach statement. ✔ A statement that the Project described in this application would not be undertaken but for ☐ the financial assistance provided by the Agency. Please see attached Project Narrative ☐ If the Project is going to advance regardless of any financial assistance from the Agency, please provide a statement indicating why the project should be considered by the Agency for any financial assistance. Onondaga County Industrial Development Agency Page 5 Page 21 of 50 E) Description of Project: Please attach a detailed narrative of the proposed Project. Please attached 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; ✔ (v) describe your method for site control (Own, lease, other). ☐ F) 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? ☐✔ No ☐ Yes G) Please describe any compelling circumstances the Agency should be aware of while reviewing this application. Please see attached Project Narrative H) Local Approvals (Site Plan and Environmental Review) Have site plans been submitted to the appropriate town or local planning department? ☐✔ No. When will the plans be submitted? _____☐ 1/31/2025 Yes, what is the status?______ Has the project received site plan approval from the town or local planning board? ☐✔ No, anticipated approval date. _____ 2/28/2025 ☐Yes, date ______ If yes, provide the Agency with a copy of the Planning Board’s approval resolution along with the related SEQR determination. (NOTE: SEQR determination is required for final approval and sales tax agency appointment.) ✔ (iv) the current use of the site and the intended use of the site upon completion of the ☐ Project; ✔ (v) describe your method for site control (Own, lease, other). ☐ F) 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? ☐✔ No ☐ Yes G) Please describe any compelling circumstances the Agency should be aware of while reviewing this application. Please see attached Project Narrative H) Local Approvals (Site Plan and Environmental Review) Have site plans been submitted to the appropriate town or local planning department? ☐✔ No. When will the plans be submitted? _____☐ 1/31/2025 Yes, what is the status?______ Has the project received site plan approval from the town or local planning board? ☐✔ No, anticipated approval date. _____ 2/28/2025 ☐Yes, date ______ If yes, provide the Agency with a copy of the Planning Board’s approval resolution along with the related SEQR determination. (NOTE: SEQR determination is required for final approval and sales tax agency appointment.) 1. Environmental Review Information a. Please attach the appropriate Environmental Impact Forms to your application. Here is a link to the SEQR forms: https://extapps.dec.ny.gov/docs/permits_ej_operations_pdf/feafpart1.pdf b. Has Lead Agency been established? ☐ ✔ No ☐ Yes, name of Lead Agency __________________ c. Have any environmental issues been identified on the property? ☐ No ☐ ✔ Yes, explain Please see attached Environmental Review Information Explanation Onondaga County Industrial Development Agency Page 6 Page 22 of 50 Section III: FINANCIAL AND EMPLOYMENT INFORMATION A) Project Costs and Finances Description of Costs Total Budget Amount Land Acquisition TBD Site Work/Demo TBD Building Construction & Renovation TBD Furniture & Fixtures TBD Equipment TBD Project Soft Cost Management/Developer Total Project Cost Fees project TBD 1. Environmental Review Information a. Please attach the appropriate Environmental Impact Forms to your application. Here is a link to the SEQR forms: https://extapps.dec.ny.gov/docs/permits_ej_operations_pdf/feafpart1.pdf b. Has Lead Agency been established? ☐ ✔ No ☐ Yes, name of Lead Agency __________________ c. Have any environmental issues been identified on the property? ☐ No ☐ ✔ Yes, explain Please see attached Environmental Review Information Explanation Onondaga County Industrial Development Agency Page 6 Page 22 of 50 Section III: FINANCIAL AND EMPLOYMENT INFORMATION A) Project Costs and Finances Description of Costs Total Budget Amount Land Acquisition TBD Site Work/Demo TBD Building Construction & Renovation TBD Furniture & Fixtures TBD Equipment TBD Project Soft Cost Management/Developer Total Project Cost Fees project TBD cost Management/Developer Fees projecthave Please costdocumentation available upon request. Do not include OCIDA fees, OCIDA application fees or OCIDA legal fees as part of the Total Project Cost. Sources of Funds for Project Costs: 1. Bank Financing $__________________ 5,478,000,000.00 2. Equity $__________________ 25,140,000,000.00 3. Tax Exempt Bond Issuance (if applicable) $__________________ 0 4. Taxable Bond Issuance (if applicable) $__________________ 0 5. Total Sources of Funds for Project Costs $__________________ 30,618,000,000.00 6. Public Sources (Include sum total of all state and federal grants and tax credits) $__________________ 18,095,000,000.00 cost Management/Developer Fees projecthave Please costdocumentation available upon request. Do not include OCIDA fees, OCIDA application fees or OCIDA legal fees as part of the Total Project Cost. Sources of Funds for Project Costs: 1. Bank Financing $__________________ 5,478,000,000.00 2. Equity $__________________ 25,140,000,000.00 3. Tax Exempt Bond Issuance (if applicable) $__________________ 0 4. Taxable Bond Issuance (if applicable) $__________________ 0 5. Total Sources of Funds for Project Costs $__________________ 30,618,000,000.00 6. Public Sources (Include sum total of all state and federal grants and tax credits) $__________________ 18,095,000,000.00 -Identify each state and federal grant/credit: __________________________________ United States CHIPS and Science Act $__________________ 4,600,000,000.00 __________________________________ Investment Tax Credit $__________________ 11,251,000,000.00 __________________________________ State and Local Incentives $__________________ 2,244,000,000.00 State and Local Incentives include Green CHIPS only Onondaga County Industrial Development Agency Page 23 of 50 Page 7 B) Employment and Payroll Information Full Time Equivalent (FTE) is defined as one employee working no less than 35 hours per week or two or more employees together working a total of 35 hours per week. 1. Are there people currently employed at the project site? ☐✔ No ☐ Yes, provide number of FTE jobs at the project site ___________ If you are relocating, are all employees moving to new site? ☐ No, explain ☐ Yes 2. Complete the following: -Identify each state and federal grant/credit: __________________________________ United States CHIPS and Science Act $__________________ 4,600,000,000.00 __________________________________ Investment Tax Credit $__________________ 11,251,000,000.00 __________________________________ State and Local Incentives $__________________ 2,244,000,000.00 State and Local Incentives include Green CHIPS only Onondaga County Industrial Development Agency Page 23 of 50 Page 7 B) Employment and Payroll Information Full Time Equivalent (FTE) is defined as one employee working no less than 35 hours per week or two or more employees together working a total of 35 hours per week. 1. Are there people currently employed at the project site? ☐✔ No ☐ Yes, provide number of FTE jobs at the project site ___________ If you are relocating, are all employees moving to new site? ☐ No, explain ☐ Yes 2. Complete the following: Estimate the number of FTE jobs to be retained as a result of this Project: 0 Estimate the number of construction jobs to be created by this Project: 4200 Estimate the average length of construction jobs to be created (months): 24 Current annual payroll including the benefit cost: 0 Average salary amount that is an employee benefit (%): 33% Average annual growth salary/wage rate (%) 3% Provide an estimate of the number of 1301 residents in the Economic Development Region (Onondaga, Madison, Cayuga, Oneida, Oswego, and Cortland Counties) to fill new FTE jobs: Estimate the number of FTE jobs to be retained as a result of this Project: 0 Estimate the number of construction jobs to be created by this Project: 4200 Estimate the average length of construction jobs to be created (months): 24 Current annual payroll including the benefit cost: 0 Average salary amount that is an employee benefit (%): 33% Average annual growth salary/wage rate (%) 3% Provide an estimate of the number of 1301 residents in the Economic Development Region (Onondaga, Madison, Cayuga, Oneida, Oswego, and Cortland Counties) to fill new FTE jobs: C) New Employment Benefits Complete the following chart indicating the number of FTE jobs currently employed by the Applicant, FTE jobs currently employed at the Project and the number of FTE jobs that will be created at the Project site at the end of the first, second, and third, years after the Project is completed. Jobs should be listed by title of category (see below), including FTE independent contractors or employees of independent contractors that work at the Project location. Do not include construction workers. Onondaga County Industrial Development Agency Page 24 of 50 Page 8 Please use this chart to illustrate the current employment: Job Title/Category Current Annual Pay Current Employment (FTE) N/A N/A N/A Please use this chart to illustrate the projected employment growth: Job Title/Category Projected FTE Jobs FTE Jobs FTE Jobs FTE Jobs FTE Jobs Annual Pay Created Created Created Created Created Year 1 Year 2 Year 3 Year 4 Year 5 Management & Executives 166,000 134 21 31 Engineers 94,800 588 91 138 C) New Employment Benefits Complete the following chart indicating the number of FTE jobs currently employed by the Applicant, FTE jobs currently employed at the Project and the number of FTE jobs that will be created at the Project site at the end of the first, second, and third, years after the Project is completed. Jobs should be listed by title of category (see below), including FTE independent contractors or employees of independent contractors that work at the Project location. Do not include construction workers. Onondaga County Industrial Development Agency Page 24 of 50 Page 8 Please use this chart to illustrate the current employment: Job Title/Category Current Annual Pay Current Employment (FTE) N/A N/A N/A Please use this chart to illustrate the projected employment growth: Job Title/Category Projected FTE Jobs FTE Jobs FTE Jobs FTE Jobs FTE Jobs Annual Pay Created Created Created Created Created Year 1 Year 2 Year 3 Year 4 Year 5 Management & Executives 166,000 134 21 31 Engineers 94,800 588 91 138 Technicians 68,600 481 74 114 Manufacturing Support 154,759 134 21 31 D) Financial Assistance sought: ☐✔ Real Property Tax Abatement (PILOT): Agency Staff will provide draft and final PILOT schedule: _____________________ ☐ Mortgage Recording Tax Exemption (.75% of mortgage): _____________________ N/A ✔ Sales and Use Tax Exemption (4% Local, 4% State): _________________________ ☐ $1,760,000,000.00 ☐ Tax Exempt Bond Financing (Amount Requested): ___________________________ N/A ☐ Taxable Bond Financing (Amount Requested): N/A Onondaga County Industrial Development Agency Page 25 of 50 Page 9 E) Mortgage Recording Tax Exemption Benefit Calculator: Amount of mortgage that would be subject to mortgage recording tax: Mortgage Amount (include sum total of construction/permanent/ bridge financing): $ N/A Technicians 68,600 481 74 114 Manufacturing Support 154,759 134 21 31 D) Financial Assistance sought: ☐✔ Real Property Tax Abatement (PILOT): Agency Staff will provide draft and final PILOT schedule: _____________________ ☐ Mortgage Recording Tax Exemption (.75% of mortgage): _____________________ N/A ✔ Sales and Use Tax Exemption (4% Local, 4% State): _________________________ ☐ $1,760,000,000.00 ☐ Tax Exempt Bond Financing (Amount Requested): ___________________________ N/A ☐ Taxable Bond Financing (Amount Requested): N/A Onondaga County Industrial Development Agency Page 25 of 50 Page 9 E) Mortgage Recording Tax Exemption Benefit Calculator: Amount of mortgage that would be subject to mortgage recording tax: Mortgage Amount (include sum total of construction/permanent/ bridge financing): $ N/A Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ N/A F) Sales and Use Tax Benefit Calculator: Gross amount of costs for goods and services that are subject to State and local Sales and Use Tax: $_____________ 22,000,000,000.00 Estimated State and local Sales and Use Tax Benefit (product of 8% multiplied by the figure, above): $_____________ 1,760,000,000.00 Onondaga County Industrial Development Agency Page 26 of 50 Page 10 Section IV: Estimate of Real Property Tax Abatement Benefits This section of the Application will be: (i) completed by Agency Staff based upon information contained within the Application, and (ii) provided to the Applicant for ultimate inclusion as part of this completed Application prior to the completed application being provided to the OCIDA Board. A) PILOTS Estimate Table Worksheet Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): $ N/A F) Sales and Use Tax Benefit Calculator: Gross amount of costs for goods and services that are subject to State and local Sales and Use Tax: $_____________ 22,000,000,000.00 Estimated State and local Sales and Use Tax Benefit (product of 8% multiplied by the figure, above): $_____________ 1,760,000,000.00 Onondaga County Industrial Development Agency Page 26 of 50 Page 10 Section IV: Estimate of Real Property Tax Abatement Benefits This section of the Application will be: (i) completed by Agency Staff based upon information contained within the Application, and (ii) provided to the Applicant for ultimate inclusion as part of this completed Application prior to the completed application being provided to the OCIDA Board. A) PILOTS Estimate Table Worksheet OCIDA estimate of current value New construction and renovation costs OCIDA estimate of increase in value OCIDA estimated value of completed project OCIDA estimate of taxes that would have been collected if the project did not occur Scheduled PILOT payments County Local School Full Tax PILOT Total Exemption PILOT PILOT PILOT Payment Net Exemption Year Amount Amount Amount PILOT % w/o PILOT 1 100 2 90 3 80 4 70 5 60 6 50 7 40 8 30 9 20 10 10 TOTAL Estimates provided are based on current property tax rates and assessment value (current as of date of application submission) and have been calculated by IDA staff. Onondaga County Industrial Development Agency Page 27 of 50 Page 11 OCIDA estimate of current value New construction and renovation costs OCIDA estimate of increase in value OCIDA estimated value of completed project OCIDA estimate of taxes that would have been collected if the project did not occur Scheduled PILOT payments County Local School Full Tax PILOT Total Exemption PILOT PILOT PILOT Payment Net Exemption Year Amount Amount Amount PILOT % w/o PILOT 1 100 2 90 3 80 4 70 5 60 6 50 7 40 8 30 9 20 10 10 TOTAL Estimates provided are based on current property tax rates and assessment value (current as of date of application submission) and have been calculated by IDA staff. Onondaga County Industrial Development Agency Page 27 of 50 Page 11 SECTION: V ForProjects For Retail Retail Projects Only Only Tax 1. Will the cost of the retail portion of the Project exceed one-third of the total project cost? ☐ Yes ☐ No If yes, please answer, questions 2, 3 and/or 4 below. If yes, please explain how much the project will exceed one-third of the total project cost. 2. Is the Project located in a distressed area? A distressed area is a census tract that has a) A poverty rate of at least 20% or at least 20% of households receiving public assistance, and (b) an unemployment rate of least 1.25 times the statewide unemployment rate for the year to which the date relates. ☐ Yes ☐ No If yes, please provide the data and explain. 3. Is the Project likely to attract a significant number of visitors from outside of the economic development region? ☐ Yes ☐ No If yes, please provide a third party market study. SECTION: V ForProjects For Retail Retail Projects Only Only Tax 1. Will the cost of the retail portion of the Project exceed one-third of the total project cost? ☐ Yes ☐ No If yes, please answer, questions 2, 3 and/or 4 below. If yes, please explain how much the project will exceed one-third of the total project cost. 2. Is the Project located in a distressed area? A distressed area is a census tract that has a) A poverty rate of at least 20% or at least 20% of households receiving public assistance, and (b) an unemployment rate of least 1.25 times the statewide unemployment rate for the year to which the date relates. ☐ Yes ☐ No If yes, please provide the data and explain. 3. Is the Project likely to attract a significant number of visitors from outside of the economic development region? ☐ Yes ☐ No If yes, please provide a third party market study. 4. Is the predominate purpose of the Project to make available goods or services which would not, but for the Project, be reasonably accessible to the residents of the Town, City, County or Village of where the Project will be located. ☐ Yes ☐ No If yes, please provide data and explain. Onondaga County Industrial Development Agency Page 28 of 50 Page 12 4. Is the predominate purpose of the Project to make available goods or services which would not, but for the Project, be reasonably accessible to the residents of the Town, City, County or Village of where the Project will be located. ☐ Yes ☐ No If yes, please provide data and explain. Onondaga County Industrial Development Agency Page 28 of 50 Page 12 SECTION VI: For Solar Projects Only Please answer all the questions as an addendum to this application: P X, an 1. Describe the reasons why the Agency’s financial assistance is necessary. Describe how the Project would be affected if these benefits were not provided. [see Section II (C)] 2. Is the Applicant leasing the property? ☐ Yes, please provide a copy of the lease ☐ No, purchased the property. Please provide documentation. 3. Has the Applicant provided written communication to the affected taxing jurisdictions notifying them of its intent to construct a renewable energy project? ☐ Yes ☐ No 4. Has the Applicant received a letter of support for the megawatt cost to be used as a basis for the PILOT from the town, city, and village where the Project is located? ☐ Yes, please provide copy of the letter. ☐ No 5. Has the Applicant received a letter of support for the megawatt cost to be used as a basis for PILOT from the school district? ☐ Yes, please provide copy of the letter. ☐ No 6. Is the entire parcel being used for the solar project? ☐ Yes ☐ No, have you reached out to the town assessor to discuss a subdivision or slash parcel? Explain: 7. Will the Applicant enter into a decommissioning plan with the host community, including financial assurance the plan can be executed? ☐ Yes, explain. ☐ No SECTION VI: For Solar Projects Only Please answer all the questions as an addendum to this application: P X, an 1. Describe the reasons why the Agency’s financial assistance is necessary. Describe how the Project would be affected if these benefits were not provided. [see Section II (C)] 2. Is the Applicant leasing the property? ☐ Yes, please provide a copy of the lease ☐ No, purchased the property. Please provide documentation. 3. Has the Applicant provided written communication to the affected taxing jurisdictions notifying them of its intent to construct a renewable energy project? ☐ Yes ☐ No 4. Has the Applicant received a letter of support for the megawatt cost to be used as a basis for the PILOT from the town, city, and village where the Project is located? ☐ Yes, please provide copy of the letter. ☐ No 5. Has the Applicant received a letter of support for the megawatt cost to be used as a basis for PILOT from the school district? ☐ Yes, please provide copy of the letter. ☐ No 6. Is the entire parcel being used for the solar project? ☐ Yes ☐ No, have you reached out to the town assessor to discuss a subdivision or slash parcel? Explain: 7. Will the Applicant enter into a decommissioning plan with the host community, including financial assurance the plan can be executed? ☐ Yes, explain. ☐ No *PLEASE SEE FOLLOWING PAGE FOR OCIDA SOLAR GUIDANCE & BEST PRACTICE Onondaga County Industrial Development Agency Page 29 of 50 Page 13 OCIDA Solar PILOTs Guidance and Best Practice OCIDA SOLAR PILOTs GUIDANCE AND BEST PRACTICE To be placed on the Agency meeting agenda, proposed solar projects must provide the Agency with the following in advance of the Project’s first OCIDA Board meeting: *PLEASE SEE FOLLOWING PAGE FOR OCIDA SOLAR GUIDANCE & BEST PRACTICE Onondaga County Industrial Development Agency Page 29 of 50 Page 13 OCIDA Solar PILOTs Guidance and Best Practice OCIDA SOLAR PILOTs GUIDANCE AND BEST PRACTICE To be placed on the Agency meeting agenda, proposed solar projects must provide the Agency with the following in advance of the Project’s first OCIDA Board meeting: 1. Fully completed OCIDA application. 2. Copy of Environmental Assessment Form. 3. A SEQR resolution approved by a local municipality indicating the municipality that is lead agency, the type of action (I, II, or unlisted) and, if completed, the SEQR determination made by the municipality. 4. Copies of your zoning applications submitted to the local municipality. 5. Verification of parcel subdivision process with the town (if the entire parcel will not be used for the solar project). 6. A statement clarifying whether the applicant will lease or purchase the real property on which the Project is situated. If leased, provide a copy of the proposed or executed lease. If lease parcel is less than entire parcel then see 5 above. 7. A supporting document from the local town, village, city, and/or school district outlining the agreed upon cost per megawatt to be used as a basis for the PILOT. The Agency cannot create the PILOT schedule without this information. 8. Absent a showing otherwise by the Company, deemed acceptable by the Agency in the sole and absolute discretion, the Company must close with the Agency on a project prior to consideration of any requested organizational structure or project entity ownership changes. You will receive a draft Cost Benefit Analysis and a Draft PILOT schedule from this office. You may use these documents as your Project progresses through the Agency approval process. Agency staff are available to update these two documents as needed. 1. Fully completed OCIDA application. 2. Copy of Environmental Assessment Form. 3. A SEQR resolution approved by a local municipality indicating the municipality that is lead agency, the type of action (I, II, or unlisted) and, if completed, the SEQR determination made by the municipality. 4. Copies of your zoning applications submitted to the local municipality. 5. Verification of parcel subdivision process with the town (if the entire parcel will not be used for the solar project). 6. A statement clarifying whether the applicant will lease or purchase the real property on which the Project is situated. If leased, provide a copy of the proposed or executed lease. If lease parcel is less than entire parcel then see 5 above. 7. A supporting document from the local town, village, city, and/or school district outlining the agreed upon cost per megawatt to be used as a basis for the PILOT. The Agency cannot create the PILOT schedule without this information. 8. Absent a showing otherwise by the Company, deemed acceptable by the Agency in the sole and absolute discretion, the Company must close with the Agency on a project prior to consideration of any requested organizational structure or project entity ownership changes. You will receive a draft Cost Benefit Analysis and a Draft PILOT schedule from this office. You may use these documents as your Project progresses through the Agency approval process. Agency staff are available to update these two documents as needed. Onondaga County Industrial Development Agency Page 30 of 50 Page 14 Onondaga County Industrial Development Agency Page 30 of 50 Page 14 SECTION VII: For Housing Projects Only Please answer all the questions as an addendum to this application: Defined terms: “Market Rate Housing”: Housing units priced at the current rental rate for the area. “Workforce Housing”: Housing consisting of a specified percentage of units (at least 10-15% per the PILOT Exemption Scale) with rent rates designated to an 80% household AMI as identified in the Workforce Housing AMI chart located on the Agency’s website: (Housing Exhibit A) Income levels for individuals living in the specified Workforce Housing units shall not exceed 120% AMI. “Senior Lifestyle Communities”: Housing communities for individuals 55 years or older. Communities may offer a variety of amenities, including but not limited to pools, community rooms, fitness centers, playgrounds, firepits, bocce/pickleball/tennis courts, picnic areas, spaces for relaxation and entertainment, safety amenities, on-site medical services, entertainment and dining, walkability, bike trails, and dog parks, playgrounds. SECTION VII: For Housing Projects Only Please answer all the questions as an addendum to this application: Defined terms: “Market Rate Housing”: Housing units priced at the current rental rate for the area. “Workforce Housing”: Housing consisting of a specified percentage of units (at least 10-15% per the PILOT Exemption Scale) with rent rates designated to an 80% household AMI as identified in the Workforce Housing AMI chart located on the Agency’s website: (Housing Exhibit A) Income levels for individuals living in the specified Workforce Housing units shall not exceed 120% AMI. “Senior Lifestyle Communities”: Housing communities for individuals 55 years or older. Communities may offer a variety of amenities, including but not limited to pools, community rooms, fitness centers, playgrounds, firepits, bocce/pickleball/tennis courts, picnic areas, spaces for relaxation and entertainment, safety amenities, on-site medical services, entertainment and dining, walkability, bike trails, and dog parks, playgrounds. 1. Describe the reasons why the Agency’s financial assistance is necessary. Describe how the project would be impacted if these benefits were not provided. {Section II (D)} 2. Describe how the proposed housing project fulfills an unmet need in the community. 3. Please provide a market study documenting a need for the proposed project. 4. Describe how the proposed project aligns with the Plan Onondaga County comprehensive plan. (Plan Onondaga) 5. Is the Project considered infill in a populated area? If yes, please explain. 6. Is there additional infrastructure necessary to service the project? If yes, please explain. 7. Is the project a part of a larger mixed-use development? If yes, please describe. Please refer to the Housing Exhibit A (Housing Exhibit A) Onondaga County Industrial Development Agency Page 31 of 50 Page 15 Page 32 of 50 Section IX: Agency Fee Schedule 1. Describe the reasons why the Agency’s financial assistance is necessary. Describe how the project would be impacted if these benefits were not provided. {Section II (D)} 2. Describe how the proposed housing project fulfills an unmet need in the community. 3. Please provide a market study documenting a need for the proposed project. 4. Describe how the proposed project aligns with the Plan Onondaga County comprehensive plan. (Plan Onondaga) 5. Is the Project considered infill in a populated area? If yes, please explain. 6. Is there additional infrastructure necessary to service the project? If yes, please explain. 7. Is the project a part of a larger mixed-use development? If yes, please describe. Please refer to the Housing Exhibit A (Housing Exhibit A) Onondaga County Industrial Development Agency Page 31 of 50 Page 15 Page 32 of 50 Section IX: Agency Fee Schedule * Minimum Fee to be applied to all project receiving OCIDA benefits is 1% of the Total Project Cost (TPC) ACTIVITY FEES COMMENTS Non- refundable Application Fee (All projects $1,000 except Solar Projects) Due at time of application Non-refundable Application Fee (Solar $10,000 Projects Only) Legal Deposit (All projects except Solar $2,500 Due at time of Projects) application Legal Deposit (Solar Projects Only) $5,000 Minimum Fee of 1% of TPC 1. Sales and Use Tax Exemption .01 X TPC Due at closing 2. Mortgage Recording Tax 3. PILOT is an additional fee .0025 X TPC (total X .0125) 4. Bond refinancing .0025 X TPC (total X .015) * Minimum Fee to be applied to all project receiving OCIDA benefits is 1% of the Total Project Cost (TPC) ACTIVITY FEES COMMENTS Non- refundable Application Fee (All projects $1,000 except Solar Projects) Due at time of application Non-refundable Application Fee (Solar $10,000 Projects Only) Legal Deposit (All projects except Solar $2,500 Due at time of Projects) application Legal Deposit (Solar Projects Only) $5,000 Minimum Fee of 1% of TPC 1. Sales and Use Tax Exemption .01 X TPC Due at closing 2. Mortgage Recording Tax 3. PILOT is an additional fee .0025 X TPC (total X .0125) 4. Bond refinancing .0025 X TPC (total X .015) Projects that exceed $250,000,000 in Total Project Cost and/or create in excess of 500 new jobs, may be eligible to negotiate a non- TBD based on Executive Director Due at closing standard Agency fee with the Executive determination Director. Agency Legal Fees Due at closing Fee for first $20 million .0025 X of the project cost or bond amount .. Fee for expenses above $20 million .00125 X of project cost or bond amount Amendment or Modification of IDA documents, including but not limited to name $2500 All Projects (except Solar or organization change, refinancing, etc. Project) Due at time of Consent to the amendment or modification of $4500 Solar Projects Request IDA documents prior to closing on the project Attorney fees determined by shall be given at OCIDA’s sole and absolute OCIDA Legal Representative. discretion. Projects that exceed $250,000,000 in Total Project Cost and/or create in excess of 500 new jobs, may be eligible to negotiate a non- TBD based on Executive Director Due at closing standard Agency fee with the Executive determination Director. Agency Legal Fees Due at closing Fee for first $20 million .0025 X of the project cost or bond amount .. Fee for expenses above $20 million .00125 X of project cost or bond amount Amendment or Modification of IDA documents, including but not limited to name $2500 All Projects (except Solar or organization change, refinancing, etc. Project) Due at time of Consent to the amendment or modification of $4500 Solar Projects Request IDA documents prior to closing on the project Attorney fees determined by shall be given at OCIDA’s sole and absolute OCIDA Legal Representative. discretion. OCIDA reserves the right to modify this schedule at any time and assess fees and charges in connection with other transactions such as grants of easement or lease or sale of OCIDA-owned property. Onondaga County Industrial Development Agency Page 33 of 50 Page 17 Page 34 of 50 Page 35 of 50 Section XII: Representations, Certifications, and Indemnification If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page. Scott Gatzemeier (Name of CEO or other authorized representative of Applicant)(s) confirms and says that he/she is the ____________________ CVP Front End US Expansion (title) of ____________________ Micron New York Semiconductor Manufacturing LLC (name of corporation or other entity) named in the attached Application (the “Applicant”), that he/she has read the foregoing Application and knows the contents thereof, and hereby represents, understands, and otherwise agrees with the Agency and as follows: OCIDA reserves the right to modify this schedule at any time and assess fees and charges in connection with other transactions such as grants of easement or lease or sale of OCIDA-owned property. Onondaga County Industrial Development Agency Page 33 of 50 Page 17 Page 34 of 50 Page 35 of 50 Section XII: Representations, Certifications, and Indemnification If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page. Scott Gatzemeier (Name of CEO or other authorized representative of Applicant)(s) confirms and says that he/she is the ____________________ CVP Front End US Expansion (title) of ____________________ Micron New York Semiconductor Manufacturing LLC (name of corporation or other entity) named in the attached Application (the “Applicant”), that he/she has read the foregoing Application and knows the contents thereof, and hereby represents, understands, and otherwise agrees with the Agency and as follows: A. First Consideration for Employment: In accordance with §858-b (2) of the New York General Municipal Law, the Applicant understands and agrees that if the Project receives any Financial Assistance from the Agency, except as otherwise provided by collective bargaining agreements, where practicable, the Applicant will first consider persons eligible to participate in WIA programs who shall be referred by the CNY Works for new employment opportunities created as a result of the Project. B. Annual Sales Tax Filings: In accordance with §874(8) of the New York General Municipal Law, the Applicant understands and agrees that if the Project receives any sales tax exemptions as part of the Financial Assistance from the Agency, the Applicant agrees to file, or cause to be filed, with the New York State Department of Taxation and Finance, the annual form prescribed by the Department of Taxation and Finance, describing the value of all sales tax exemptions claimed by the Applicant and all consultants or subcontractors retained by the Applicant. For additional information on NYS sales and use tax see here. A. First Consideration for Employment: In accordance with §858-b (2) of the New York General Municipal Law, the Applicant understands and agrees that if the Project receives any Financial Assistance from the Agency, except as otherwise provided by collective bargaining agreements, where practicable, the Applicant will first consider persons eligible to participate in WIA programs who shall be referred by the CNY Works for new employment opportunities created as a result of the Project. B. Annual Sales Tax Filings: In accordance with §874(8) of the New York General Municipal Law, the Applicant understands and agrees that if the Project receives any sales tax exemptions as part of the Financial Assistance from the Agency, the Applicant agrees to file, or cause to be filed, with the New York State Department of Taxation and Finance, the annual form prescribed by the Department of Taxation and Finance, describing the value of all sales tax exemptions claimed by the Applicant and all consultants or subcontractors retained by the Applicant. For additional information on NYS sales and use tax see here. C. Outstanding Bonds: The Applicant understands and agrees to provide on an annual basis any information regarding bonds, if any, issued by the Agency for the project that is requested by the Comptroller of the State of New York. D. Employment Reports: The Applicant understands and agrees that, if the Project receives any financial assistance from the Agency, the Applicant agrees to file with the Agency, at least annually or as otherwise required by the Agency, reports regarding the number of people employed at the project site, salary levels, contractor utilization and such other information (collectively, “Employment Reports”) that may be required from time to time on such appropriate forms as designated by the Agency. Failure to provide Employment Reports within 30 days of an Agency request shall be an event of default under the Project closing documents. Please see this page for ST-340 form required in the above referenced employment report. Onondaga County Industrial Development Agency Page 36 of 50 Page 20 C. Outstanding Bonds: The Applicant understands and agrees to provide on an annual basis any information regarding bonds, if any, issued by the Agency for the project that is requested by the Comptroller of the State of New York. D. Employment Reports: The Applicant understands and agrees that, if the Project receives any financial assistance from the Agency, the Applicant agrees to file with the Agency, at least annually or as otherwise required by the Agency, reports regarding the number of people employed at the project site, salary levels, contractor utilization and such other information (collectively, “Employment Reports”) that may be required from time to time on such appropriate forms as designated by the Agency. Failure to provide Employment Reports within 30 days of an Agency request shall be an event of default under the Project closing documents. Please see this page for ST-340 form required in the above referenced employment report. Onondaga County Industrial Development Agency Page 36 of 50 Page 20 E. Housing Reports and Information: The Applicant understands and agrees that if the Project is a housing project, the Applicant shall file with the Agency, at least annually or as otherwise required by the Agency, reports regarding the number of revenue-generating units constructed or reconstructed and the household income or tenant age, as applicable. Upon request of the Agency, the Applicant shall provide supporting documentation for all housing related information provided. Failure to provide such reports and supporting information shall be an event of default under the Project closing documents F. Prevailing Wage: The Applicant understands and agrees that, if the Project receives any financial assistance from the Agency, the Applicant shall determine whether the Project is a “covered project” pursuant to Section 224-a of Article 8 of the New York Labor Law and, if applicable, the Applicant shall comply with Section 224-a of Article 8 of the New York Labor Law; and the Applicant further covenants that the Applicant shall provide such evidence of the foregoing as requested by the Agency. E. Housing Reports and Information: The Applicant understands and agrees that if the Project is a housing project, the Applicant shall file with the Agency, at least annually or as otherwise required by the Agency, reports regarding the number of revenue-generating units constructed or reconstructed and the household income or tenant age, as applicable. Upon request of the Agency, the Applicant shall provide supporting documentation for all housing related information provided. Failure to provide such reports and supporting information shall be an event of default under the Project closing documents F. Prevailing Wage: The Applicant understands and agrees that, if the Project receives any financial assistance from the Agency, the Applicant shall determine whether the Project is a “covered project” pursuant to Section 224-a of Article 8 of the New York Labor Law and, if applicable, the Applicant shall comply with Section 224-a of Article 8 of the New York Labor Law; and the Applicant further covenants that the Applicant shall provide such evidence of the foregoing as requested by the Agency. G. Compliance: The Applicant understands and agrees that it is in substantial compliance with applicable local, state, and federal tax, worker protection, and environmental laws, rules, and regulations. The Applicant confirms and acknowledges that the owner, occupant or operator receiving financial assistance for the proposed Project is in substantial compliance with applicable local, state, and federal tax, worker protection and environmental laws, rules and regulations. H. The Applicant understands and agrees that the provisions of Section 862(1) of the New York General Municipal Law, as provided below, will not be violated if financial assistance is provided for the proposed Project: G. Compliance: The Applicant understands and agrees that it is in substantial compliance with applicable local, state, and federal tax, worker protection, and environmental laws, rules, and regulations. The Applicant confirms and acknowledges that the owner, occupant or operator receiving financial assistance for the proposed Project is in substantial compliance with applicable local, state, and federal tax, worker protection and environmental laws, rules and regulations. H. The Applicant understands and agrees that the provisions of Section 862(1) of the New York General Municipal Law, as provided below, will not be violated if financial assistance is provided for the proposed Project: § 862. Restrictions on funds of the Agency. (1) No funds of the Agency shall be used in respect of any project if the completion thereof would result in the removal of an industrial or manufacturing plant of the project occupant from one area of the state to another area of the state or in the abandonment of one or more plants or facilities of the project occupant located within the state, provided, however, that neither restriction shall apply if the agency shall determine on the basis of the application before it that the project is reasonably necessary to discourage the project occupant from removing such other plant or facility to a location outside the state or is reasonably necessary to preserve the competitive position of the project occupant in its respective industry. I. The Applicant confirms and acknowledges that the submission of any knowingly false or knowingly misleading information may lead to the immediate termination of any financial assistance and the reimbursement of an amount equal to all or part of any tax exemption claimed by reason of the Agency’s involvement in the Project. § 862. Restrictions on funds of the Agency. (1) No funds of the Agency shall be used in respect of any project if the completion thereof would result in the removal of an industrial or manufacturing plant of the project occupant from one area of the state to another area of the state or in the abandonment of one or more plants or facilities of the project occupant located within the state, provided, however, that neither restriction shall apply if the agency shall determine on the basis of the application before it that the project is reasonably necessary to discourage the project occupant from removing such other plant or facility to a location outside the state or is reasonably necessary to preserve the competitive position of the project occupant in its respective industry. I. The Applicant confirms and acknowledges that the submission of any knowingly false or knowingly misleading information may lead to the immediate termination of any financial assistance and the reimbursement of an amount equal to all or part of any tax exemption claimed by reason of the Agency’s involvement in the Project. J. The Applicant confirms and hereby acknowledges that as of the date of this Application, the Applicant is in substantial compliance with all provisions of Article 18-A of the New York General Municipal Law, including, but not limited to, the provision of Section 859- a and Section 862(1) of the New York General Municipal Law. Onondaga County Industrial Development Agency Page 37 of 50 Page 21 The Applicant and the individual executing this Application on behalf of Applicant acknowledge that the Agency and its counsel will rely on the representations and covenants made in this Application when acting hereon and hereby represents that the statements made herein do not contain any untrue statement of a material fact and do not omit to state a material fact necessary to make the statement contained herein not misleading. K. The Agency has the right to request and inspect supporting documentation regarding attestations made on this application. J. The Applicant confirms and hereby acknowledges that as of the date of this Application, the Applicant is in substantial compliance with all provisions of Article 18-A of the New York General Municipal Law, including, but not limited to, the provision of Section 859- a and Section 862(1) of the New York General Municipal Law. Onondaga County Industrial Development Agency Page 37 of 50 Page 21 The Applicant and the individual executing this Application on behalf of Applicant acknowledge that the Agency and its counsel will rely on the representations and covenants made in this Application when acting hereon and hereby represents that the statements made herein do not contain any untrue statement of a material fact and do not omit to state a material fact necessary to make the statement contained herein not misleading. K. The Agency has the right to request and inspect supporting documentation regarding attestations made on this application. L. Hold Harmless Agreement: Applicant hereby releases Onondaga County Industrial Development Agency and the members, officers, servants, agents and employees thereof (the "Agency") from, agrees that the Agency shall not be liable for, and agrees to indemnify, defend and hold the Agency harmless from and against any and all liability arising from or expense incurred by: (A) the Agency's examination and processing of, and action pursuant to or upon, the attached Application, regardless of whether or not the Application or the Project described therein or the tax-exemptions and other assistance requested therein are favorably acted upon by the Agency; (B) the Agency's acquisition, construction, reconstruction, equipping and/or installation of the Project described therein and (C) any further action taken by the Agency with respect to the Project, including without limiting the generality of the foregoing, all cause of action and attorney's fees and any other expenses incurred in defending any suits or action which may arise as a result of any of the foregoing. If, for any reason, the Applicant fails to conclude or consummate necessary negotiations, or fails, within a reasonable or specified period of time, to take reasonable, proper or requested action, or withdraws, abandons, cancels or neglects the Application, or if the Agency or the Applicant are unable to reach final agreement with respect to the Project, then, and in the event, upon presentation of an invoice itemizing the same, the Applicant shall pay to the Agency, its agents or assigns, all costs incurred by the Agency in the process of the Application, including attorney's fees, if any. L. Hold Harmless Agreement: Applicant hereby releases Onondaga County Industrial Development Agency and the members, officers, servants, agents and employees thereof (the "Agency") from, agrees that the Agency shall not be liable for, and agrees to indemnify, defend and hold the Agency harmless from and against any and all liability arising from or expense incurred by: (A) the Agency's examination and processing of, and action pursuant to or upon, the attached Application, regardless of whether or not the Application or the Project described therein or the tax-exemptions and other assistance requested therein are favorably acted upon by the Agency; (B) the Agency's acquisition, construction, reconstruction, equipping and/or installation of the Project described therein and (C) any further action taken by the Agency with respect to the Project, including without limiting the generality of the foregoing, all cause of action and attorney's fees and any other expenses incurred in defending any suits or action which may arise as a result of any of the foregoing. If, for any reason, the Applicant fails to conclude or consummate necessary negotiations, or fails, within a reasonable or specified period of time, to take reasonable, proper or requested action, or withdraws, abandons, cancels or neglects the Application, or if the Agency or the Applicant are unable to reach final agreement with respect to the Project, then, and in the event, upon presentation of an invoice itemizing the same, the Applicant shall pay to the Agency, its agents or assigns, all costs incurred by the Agency in the process of the Application, including attorney's fees, if any. Onondaga County Industrial Development Agency Page 38 of 50 Page 22 Micron New York Semiconductor Manufacturing LL Name of Applicant Company: Signature of Officer or Authorized Representative: SA 7 Name & Title of Officer or Authorized Representative: Scott Gatzemeier: CVP, Front End US Expansion Date: June /I, 2024 Onondaga County Industrial Development Agency Page 38 of 50 Page 22 Micron New York Semiconductor Manufacturing LL Name of Applicant Company: Signature of Officer or Authorized Representative: SA 7 Name & Title of Officer or Authorized Representative: Scott Gatzemeier: CVP, Front End US Expansion Date: June /I, 2024 STATE OF IDAHO ) COUNTY OF ADA ) ss.; Scott Gatzemeier , being first duly sworn, deposes and says: I am the CVP, Front End US Expansio (Corporate Officer) of Micron New York Semiconductor Manufactunng L 1. That (Applicant) and that I am duly authorized on behalf of the Applicant to bind the Applicant. 2. That I have read and attached Application, I know the contents thereof, and that to the best of my knowledge and belief, this Application and the contents of this Application are true, accurate and complete Subscribed and affirmed to me under penalties of perjury py if, ,. day of_, 20.74 _. x STATE OF IDAHO ) COUNTY OF ADA ) ss.; Scott Gatzemeier , being first duly sworn, deposes and says: I am the CVP, Front End US Expansio (Corporate Officer) of Micron New York Semiconductor Manufactunng L 1. That (Applicant) and that I am duly authorized on behalf of the Applicant to bind the Applicant. 2. That I have read and attached Application, I know the contents thereof, and that to the best of my knowledge and belief, this Application and the contents of this Application are true, accurate and complete Subscribed and affirmed to me under penalties of perjury py if, ,. day of_, 20.74 _. x ie (Up ts0x Sune meme mee ‘ LOIS WATSON . (Notary Public) : COMMISSION #39269 ‘ p NOTARY PUBLIC ‘ STATE OF IDAHO ¢ ¢ MY COMMISSION EXPIRES 10/09/2027}, End of Application Rev 2.15.23 SSH S SS Onondaga County Industrial Development Agency Page 23 ie (Up ts0x Sune meme mee ‘ LOIS WATSON . (Notary Public) : COMMISSION #39269 ‘ p NOTARY PUBLIC ‘ STATE OF IDAHO ¢ ¢ MY COMMISSION EXPIRES 10/09/2027}, End of Application Rev 2.15.23 SSH S SS Onondaga County Industrial Development Agency Page 23 Page 39 of 50 June 2024 US Sales Projections: The Fabs 1 and 2 Phase of the Onondaga County, New York campus will produce approximately 100,000 wafers per month. The total available market for memory is predicted to double by CY2030. Micron’s Idaho facility will come online in November of 2025 and both Fabs 1 and 2 of the New York campus will come online by end of 2029. As it will require some time for each fab to reach full production capacity, Micron expects the market demand to be well more than three times the output. This market demand provides strong justification for Micron’s plan to invest up to $100B in the U.S. as a central part of its commercial strategy. Micron’s investments will increase the global percentage of DRAM manufactured in the US from 2% to 10% by CY2035. The Fabs 1 and 2 Phase of the Onondaga County, New York project will be enough to supply the most critical needs of the US market. Page 40 of 50 June 2024 Page 39 of 50 June 2024 US Sales Projections: The Fabs 1 and 2 Phase of the Onondaga County, New York campus will produce approximately 100,000 wafers per month. The total available market for memory is predicted to double by CY2030. Micron’s Idaho facility will come online in November of 2025 and both Fabs 1 and 2 of the New York campus will come online by end of 2029. As it will require some time for each fab to reach full production capacity, Micron expects the market demand to be well more than three times the output. This market demand provides strong justification for Micron’s plan to invest up to $100B in the U.S. as a central part of its commercial strategy. Micron’s investments will increase the global percentage of DRAM manufactured in the US from 2% to 10% by CY2035. The Fabs 1 and 2 Phase of the Onondaga County, New York project will be enough to supply the most critical needs of the US market. Page 40 of 50 June 2024 MICRON FABS 1 AND 2 TOWN OF CLAY TAX MAP PARCELS 046.-02-01.0 046.-02-02.1 046.-02-02.2 046.-02-03.1 046.-02-04.0 046.-02-05.1 046.-02-05.2 048.-01-01.0 048.-01-02.1 048.-01-02.2 048.-01-23.1 048.-01-23.3 049.-01-15.0 049.-01-16.0 049.-01-17.0 049.-01-18.4 049.-01-19.1 049.-01-19.2 050.-01-01.0 050.-01-02.1 050.-01-03.1 050.-01-04.1 050.-01-04.2 050.-01-04.3 050.-01-04.4 050.-01-05.0 051.-01-10.1 051.-01-10.6 051.-01-10.7 051.-01-10.8 051.-01-10.9 051.-01-12.0 064.-01-06.3 064.-01-08.0 TOTAL ACREAGE: +/- 806.16 Page 41 of 50 MICRON FABS 1 AND 2 TOWN OF CLAY TAX MAP PARCELS 046.-02-01.0 046.-02-02.1 046.-02-02.2 046.-02-03.1 046.-02-04.0 046.-02-05.1 046.-02-05.2 048.-01-01.0 048.-01-02.1 048.-01-02.2 048.-01-23.1 048.-01-23.3 049.-01-15.0 049.-01-16.0 049.-01-17.0 049.-01-18.4 049.-01-19.1 049.-01-19.2 050.-01-01.0 050.-01-02.1 050.-01-03.1 050.-01-04.1 050.-01-04.2 050.-01-04.3 050.-01-04.4 050.-01-05.0 051.-01-10.1 051.-01-10.6 051.-01-10.7 051.-01-10.8 051.-01-10.9 051.-01-12.0 064.-01-06.3 064.-01-08.0 TOTAL ACREAGE: +/- 806.16 Page 41 of 50 MICRON NEW YORK SEMICONDUCTOR MANUFACTURING LLC OCIDA FINANCIAL ASSISTANCE APPLICATION SECTION II D AND E AND G AMENDED PROJECT NARRATIVE JUNE 2024 Micron New York Semiconductor Manufacturing LLC, a Delaware limited liability company, is a wholly owned subsidiary of Micron Technology, Inc. (“Micron”), a publicly traded Delaware corporation (NASDAQ: MU), the fourth largest semiconductor company in the world and the only U.S.-based manufacturer of digital memory. Micron was founded in 1978 and is headquartered in Boise, Idaho with approximately 48,000 employees worldwide. Micron is ranked 127th on the 2022 Fortune 500 list with fiscal year 2022 revenue of $30.8 billion. Micron is a world leader in innovating memory and storage solutions that accelerate the transformation of information into intelligence, inspiring the world to learn, communicate and advance faster than ever. Micron delivers the world's broadest portfolio of technologies at the core of today's most significant disruptive breakthroughs such as artificial intelligence and autonomous vehicles. Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that Micron employees create fuel the data economy, enabling advances in artificial intelligence and 5G applications that unleash opportunities from the data center to the intelligent edge and across the client and mobile user experience. The following critical and emerging technologies are highly reliant on the types of memory and storage products manufactured by Micron: • Consumer electronics including mobile phones and personal computers that help people learn, work, and communicate across nearly every endeavor; • Medical devices and other health care technology that support lifesaving efforts from the pandemic response to enabling health professionals to detect and treat cancer; • Current vehicles on the road, which are more and more becoming “data centers on wheels” as more advanced driving systems become the norm; • Major defense platforms, from fighter jets to combat vehicles to aircraft carriers and submarines, rely on computing, and through that memory, to operate; • IT and communications systems that enable our digital world, data center applications, as well as communications networks for 5G and future networking models; • Emerging technologies like artificial intelligence and machine learning, for which memory is one of the most critical technologies; Micron intends to invest approximately $100 billion over the next 20 years to build a leading-edge semiconductor manufacturing complex in the Town of Clay, New York. Micron is proposing to acquire the approximately 1,400-acre White Pine Commerce Park (WPCP), located at 5171 Route 31, Clay, NY 13041, from the Onondaga County Industrial Development Agency (OCIDA) and to construct the semiconductor MICRON NEW YORK SEMICONDUCTOR MANUFACTURING LLC OCIDA FINANCIAL ASSISTANCE APPLICATION SECTION II D AND E AND G AMENDED PROJECT NARRATIVE JUNE 2024 Micron New York Semiconductor Manufacturing LLC, a Delaware limited liability company, is a wholly owned subsidiary of Micron Technology, Inc. (“Micron”), a publicly traded Delaware corporation (NASDAQ: MU), the fourth largest semiconductor company in the world and the only U.S.-based manufacturer of digital memory. Micron was founded in 1978 and is headquartered in Boise, Idaho with approximately 48,000 employees worldwide. Micron is ranked 127th on the 2022 Fortune 500 list with fiscal year 2022 revenue of $30.8 billion. Micron is a world leader in innovating memory and storage solutions that accelerate the transformation of information into intelligence, inspiring the world to learn, communicate and advance faster than ever. Micron delivers the world's broadest portfolio of technologies at the core of today's most significant disruptive breakthroughs such as artificial intelligence and autonomous vehicles. Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that Micron employees create fuel the data economy, enabling advances in artificial intelligence and 5G applications that unleash opportunities from the data center to the intelligent edge and across the client and mobile user experience. The following critical and emerging technologies are highly reliant on the types of memory and storage products manufactured by Micron: • Consumer electronics including mobile phones and personal computers that help people learn, work, and communicate across nearly every endeavor; • Medical devices and other health care technology that support lifesaving efforts from the pandemic response to enabling health professionals to detect and treat cancer; • Current vehicles on the road, which are more and more becoming “data centers on wheels” as more advanced driving systems become the norm; • Major defense platforms, from fighter jets to combat vehicles to aircraft carriers and submarines, rely on computing, and through that memory, to operate; • IT and communications systems that enable our digital world, data center applications, as well as communications networks for 5G and future networking models; • Emerging technologies like artificial intelligence and machine learning, for which memory is one of the most critical technologies; Micron intends to invest approximately $100 billion over the next 20 years to build a leading-edge semiconductor manufacturing complex in the Town of Clay, New York. Micron is proposing to acquire the approximately 1,400-acre White Pine Commerce Park (WPCP), located at 5171 Route 31, Clay, NY 13041, from the Onondaga County Industrial Development Agency (OCIDA) and to construct the semiconductor Page 42 of 50 manufacturing facility over a continuous 20-year period (the “Proposed Project”). The Proposed Project consists of: 1) construction of the Micron Campus, which will include four individual memory fabrication units (fabs), ancillary support facilities, driveways, and parking; 2) construction of a childcare and health care center located at 9100 Caughdenoy Road, Brewerton, NY; 3) construction of an electric utility conveyance at 8852 Caughdenoy Road, adjacent to the Micron Campus; and 4) construction of a rail spur on an approximately 38.2-acre property west of Caughdenoy Road (this property does not have an assigned address). Micron intends to start construction of the Micron Campus in 2025, with two fabs (Fabs 1 and 2) becoming operational by 2029. Two more fabs (Fabs 3 and 4) would be operational by 2041. At the time of this Amended and Restated Application, the Financial Assistance requested are intended for the Micron Campus only. At the time of this application, neither OCIDA nor Micron has control over certain off-site utility corridors vital to connect White Pines Commerce Park to utility infrastructure. Therefore, in support of and in keeping with the Proposed Project’s public purpose, and in furtherance of and to carry out OCIDA’s express corporate purpose to "promote, develop, encourage and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing manufacturing facilities,” acquisition of certain real property, or rights or easements therein, by negotiated purchase or the exercise of OCIDA’s eminent domain authority pursuant to New York Eminent Domain Procedure Law (“EDPL”) and General Municipal Law (“GML”) §858(4) may be required. Attached hereto and made a part hereof is a list of Town of Clay tax parcels on which real property interests may need to be acquired via purchase or by eminent domain pursuant to the EDPL and GML, however additional real property interests and parcels may hereafter be identified for Fabs 1 and 2 and Fabs 3 and 4 (as defined below). Micron intends to construct two memory fabrication facilities in approximately 10 years (“Fabs 1 and 2”). While Micron will consistently hire new employees during the construction of Fabs 1 and 2 as set forth in Micron’s OCIDA Application, Micron intends to employ approximately 4,680 people on site upon completion of Fabs 1 and 2. More detailed employment information is included in Micron’s OCIDA Application. Micron plans to construct two additional memory fabrication facilities (“Fabs 3 and 4”) to be completed approximately 10 years after completion of Fabs 1 and 2. While Micron will consistently hire new employees during the construction of Fabs 3 and 4, Micron intends to employ approximately 9,000 people on site upon the completion of Fabs 3 and 4. This Financial Assistance Application seeks Financial Assistance for Fabs 1 and 2 only. In addition to Micron’s direct employment on-site of approximately 9,000 employees upon completion of the Proposed Project, Micron anticipates the creation of approximately 40,000 additional ancillary jobs, including vendor, supply chain, construction, and community jobs in the Syracuse area and throughout New York State. Micron’s planned investment in domestic memory manufacturing in Clay, New York is only possible because of federal, state, and local financial assistance. For 2 Page 42 of 50 manufacturing facility over a continuous 20-year period (the “Proposed Project”). The Proposed Project consists of: 1) construction of the Micron Campus, which will include four individual memory fabrication units (fabs), ancillary support facilities, driveways, and parking; 2) construction of a childcare and health care center located at 9100 Caughdenoy Road, Brewerton, NY; 3) construction of an electric utility conveyance at 8852 Caughdenoy Road, adjacent to the Micron Campus; and 4) construction of a rail spur on an approximately 38.2-acre property west of Caughdenoy Road (this property does not have an assigned address). Micron intends to start construction of the Micron Campus in 2025, with two fabs (Fabs 1 and 2) becoming operational by 2029. Two more fabs (Fabs 3 and 4) would be operational by 2041. At the time of this Amended and Restated Application, the Financial Assistance requested are intended for the Micron Campus only. At the time of this application, neither OCIDA nor Micron has control over certain off-site utility corridors vital to connect White Pines Commerce Park to utility infrastructure. Therefore, in support of and in keeping with the Proposed Project’s public purpose, and in furtherance of and to carry out OCIDA’s express corporate purpose to "promote, develop, encourage and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing manufacturing facilities,” acquisition of certain real property, or rights or easements therein, by negotiated purchase or the exercise of OCIDA’s eminent domain authority pursuant to New York Eminent Domain Procedure Law (“EDPL”) and General Municipal Law (“GML”) §858(4) may be required. Attached hereto and made a part hereof is a list of Town of Clay tax parcels on which real property interests may need to be acquired via purchase or by eminent domain pursuant to the EDPL and GML, however additional real property interests and parcels may hereafter be identified for Fabs 1 and 2 and Fabs 3 and 4 (as defined below). Micron intends to construct two memory fabrication facilities in approximately 10 years (“Fabs 1 and 2”). While Micron will consistently hire new employees during the construction of Fabs 1 and 2 as set forth in Micron’s OCIDA Application, Micron intends to employ approximately 4,680 people on site upon completion of Fabs 1 and 2. More detailed employment information is included in Micron’s OCIDA Application. Micron plans to construct two additional memory fabrication facilities (“Fabs 3 and 4”) to be completed approximately 10 years after completion of Fabs 1 and 2. While Micron will consistently hire new employees during the construction of Fabs 3 and 4, Micron intends to employ approximately 9,000 people on site upon the completion of Fabs 3 and 4. This Financial Assistance Application seeks Financial Assistance for Fabs 1 and 2 only. In addition to Micron’s direct employment on-site of approximately 9,000 employees upon completion of the Proposed Project, Micron anticipates the creation of approximately 40,000 additional ancillary jobs, including vendor, supply chain, construction, and community jobs in the Syracuse area and throughout New York State. Micron’s planned investment in domestic memory manufacturing in Clay, New York is only possible because of federal, state, and local financial assistance. For 2 4861-1998-4071, v. 1 Page 43 of 50 decades, other countries have spent hundreds of billions of dollars to attract semiconductor manufacturing, and the jobs and advanced technological ecosystems that come with the industry, to their shores. The Federal CHIPS and Science Act provides companies like Micron with the confidence needed to make long-term investments as we face current cost premiums to build and operate fabs in the U.S. of up to 45% vs. low- cost global markets. This Act forms a holistic strategy to restore U.S. leadership in semiconductor manufacturing by leveling the playing field and making U.S. manufacturing cost competitive. Likewise, Micron would be unable to proceed with its Town of Clay Proposed Project without the commitment from the State of New York for Proposed Project infrastructure improvements as well as financial assistance from the Onondaga County Industrial Development Agency in the form of sales and real property tax exemptions. Federal, state, and local financial assistance is critical to the undertaking of the Proposed Project by Micron and enabling ongoing business profitability comparable to that in lower-cost markets. Micron is committed to construct the Proposed Project to the highest standards practicable including in a manner consistent with its Clean Energy and Sustainability Action Plan ("CESAP") and subject to the requirements of Excelsior Jobs Program Green CHIPS incentives that will strive for and create a plan to: 1. Micron has a public goal to achieve 100% renewable energy for our electricity consumption by CY25 which may include, but not necessarily be limited to, the use of renewable energy credits. Micron’s plan will prioritize in-state sources of renewable energy to the extent they are available, cost-effective, and compatible with Micron's corporate renewable energy definition and in alignment with New York State's Clean Energy Standard. 4861-1998-4071, v. 1 Page 43 of 50 decades, other countries have spent hundreds of billions of dollars to attract semiconductor manufacturing, and the jobs and advanced technological ecosystems that come with the industry, to their shores. The Federal CHIPS and Science Act provides companies like Micron with the confidence needed to make long-term investments as we face current cost premiums to build and operate fabs in the U.S. of up to 45% vs. low- cost global markets. This Act forms a holistic strategy to restore U.S. leadership in semiconductor manufacturing by leveling the playing field and making U.S. manufacturing cost competitive. Likewise, Micron would be unable to proceed with its Town of Clay Proposed Project without the commitment from the State of New York for Proposed Project infrastructure improvements as well as financial assistance from the Onondaga County Industrial Development Agency in the form of sales and real property tax exemptions. Federal, state, and local financial assistance is critical to the undertaking of the Proposed Project by Micron and enabling ongoing business profitability comparable to that in lower-cost markets. Micron is committed to construct the Proposed Project to the highest standards practicable including in a manner consistent with its Clean Energy and Sustainability Action Plan ("CESAP") and subject to the requirements of Excelsior Jobs Program Green CHIPS incentives that will strive for and create a plan to: 1. Micron has a public goal to achieve 100% renewable energy for our electricity consumption by CY25 which may include, but not necessarily be limited to, the use of renewable energy credits. Micron’s plan will prioritize in-state sources of renewable energy to the extent they are available, cost-effective, and compatible with Micron's corporate renewable energy definition and in alignment with New York State's Clean Energy Standard. 2. Use green infrastructure and sustainable building attributes toward achieving a Gold LEED status for all Fabs and for office buildings, and aim to implement commercially reasonable efforts to achieve Platinum LEED status. 3. Mitigate and control GHG emissions from the new Fab Complex operations and to create a plan to implement commercially reasonable and achievable upgrades given the state of technology advancements and the nature of the Proposed Project to mitigate GHG emissions through the Term. 4. Install on-site renewable energy systems and on-site battery storage systems to contribute to the Fab Complex's energy needs to the extent practicable, cost- effective, and consistent with Micron's site development plan, including for resilience, peak-shaving, grid benefits, and other applications. 5. Where feasible and cost-effective, (i) utilize green hydrogen (hydrogen formed through electrolysis powered by renewable electricity, without greenhouse gas emissions) to displace/replace natural gas and gray hydrogen consumption; (ii) support 3 4861-1998-4071, v. 1 Page 44 of 50 /participate in New York's federal Hydrogen Hub proposal; and (iii) explore other clean measures such as geothermal heat pumps for space heating and cooling loads. 2. Use green infrastructure and sustainable building attributes toward achieving a Gold LEED status for all Fabs and for office buildings, and aim to implement commercially reasonable efforts to achieve Platinum LEED status. 3. Mitigate and control GHG emissions from the new Fab Complex operations and to create a plan to implement commercially reasonable and achievable upgrades given the state of technology advancements and the nature of the Proposed Project to mitigate GHG emissions through the Term. 4. Install on-site renewable energy systems and on-site battery storage systems to contribute to the Fab Complex's energy needs to the extent practicable, cost- effective, and consistent with Micron's site development plan, including for resilience, peak-shaving, grid benefits, and other applications. 5. Where feasible and cost-effective, (i) utilize green hydrogen (hydrogen formed through electrolysis powered by renewable electricity, without greenhouse gas emissions) to displace/replace natural gas and gray hydrogen consumption; (ii) support 3 4861-1998-4071, v. 1 Page 44 of 50 /participate in New York's federal Hydrogen Hub proposal; and (iii) explore other clean measures such as geothermal heat pumps for space heating and cooling loads. 6. Commit to infrastructure for charging/fueling clean vehicles for employee, contractor, and Micron fleet use. 7. Implement water conservation and efficiency measures. 8. Adopt measures to reduce, avoid and re-use waste. 9. Incorporate energy efficiency and electrification where feasible throughout the Proposed Project. 10. Encourage contractors to utilize, to the extent they are reasonably available, suitable, and cost-effective, low-carbon construction vehicles and equipment and incorporate low-carbon building materials (green steel, green cement, etc.) into construction. 11. Commit to exploring environmentally sound practices, including green infrastructure such as permeable pavement, stormwater runoff management solutions, and sustainable wastewater management. Micron has a long history of caring for and investing in the communities in which it does business and in which its employees live and work. In furtherance of that mission, Micron has committed to make substantial investments in Central New York including: 1. Micron will invest $250 million in a $500 million Green CHIPS Community Investment Fund focused on supporting workforce development, education, community assets and organizations, and affordable housing, as well as other initiatives that ensure the Central New York workforce will have the advanced skills needed to sustain leading- edge semiconductor manufacturing. 6. Commit to infrastructure for charging/fueling clean vehicles for employee, contractor, and Micron fleet use. 7. Implement water conservation and efficiency measures. 8. Adopt measures to reduce, avoid and re-use waste. 9. Incorporate energy efficiency and electrification where feasible throughout the Proposed Project. 10. Encourage contractors to utilize, to the extent they are reasonably available, suitable, and cost-effective, low-carbon construction vehicles and equipment and incorporate low-carbon building materials (green steel, green cement, etc.) into construction. 11. Commit to exploring environmentally sound practices, including green infrastructure such as permeable pavement, stormwater runoff management solutions, and sustainable wastewater management. Micron has a long history of caring for and investing in the communities in which it does business and in which its employees live and work. In furtherance of that mission, Micron has committed to make substantial investments in Central New York including: 1. Micron will invest $250 million in a $500 million Green CHIPS Community Investment Fund focused on supporting workforce development, education, community assets and organizations, and affordable housing, as well as other initiatives that ensure the Central New York workforce will have the advanced skills needed to sustain leading- edge semiconductor manufacturing. 2. Micron will invest $5 million over 10 years to build and outfit a cleanroom at Onondaga Community College and support development of the school’s technical curriculum. This investment will provide students access to advanced manufacturing methods and equipment to prepare them for technician and engineering roles inside Micron’s manufacturing facility. 3. Micron will also tap into Central New York’s significant military population, a highly skilled and talented pool of labor critical to scale U.S. high-tech manufacturing. In coordination and partnership with Micron, Syracuse University’s D’Aniello Institute of Veteran and Military Families (IVMF) will support veteran skill development for advanced manufacturing jobs and transitions into Micron and other industry roles. Micron will also establish an internship program designed to prepare students for full-time positions as 4 4861-1998-4071, v. 1 Page 45 of 50 engineers, scientists and other critical roles in the semiconductor industry, with recruitment focused heavily on veterans and students from traditionally underrepresented communities. Micron aspires to hire more than 1,500 veterans in the region over two decades in Central New York. 2. Micron will invest $5 million over 10 years to build and outfit a cleanroom at Onondaga Community College and support development of the school’s technical curriculum. This investment will provide students access to advanced manufacturing methods and equipment to prepare them for technician and engineering roles inside Micron’s manufacturing facility. 3. Micron will also tap into Central New York’s significant military population, a highly skilled and talented pool of labor critical to scale U.S. high-tech manufacturing. In coordination and partnership with Micron, Syracuse University’s D’Aniello Institute of Veteran and Military Families (IVMF) will support veteran skill development for advanced manufacturing jobs and transitions into Micron and other industry roles. Micron will also establish an internship program designed to prepare students for full-time positions as 4 4861-1998-4071, v. 1 Page 45 of 50 engineers, scientists and other critical roles in the semiconductor industry, with recruitment focused heavily on veterans and students from traditionally underrepresented communities. Micron aspires to hire more than 1,500 veterans in the region over two decades in Central New York. 4. Micron has entered into a Project Labor Agreement with local trade unions, which establishes a framework for labor-management cooperation and stability throughout construction of the Proposed Project. This agreement outlines the use of the Center for Military Recruitment, Assessment and Veterans Employment and its “Helmets to Hardhats” program. It also requires contractors to donate one cent per hour for each craft hour worked on the Proposed Project to the Pathways for Apprenticeship program, part of Syracuse Build, to promote representation of minorities and women in the Proposed Project workforce. 5. As part of Micron’s commitment to increase supplier diversity, Micron will target to award 30% of the Proposed Project’s eligible construction spend, and 20% of its eligible ongoing annual operating spend, to companies owned by individuals from traditionally underrepresented communities, with priority given to New York State Certified Minority/Women Owned Business Enterprises and Service-Disabled Veteran Owned Businesses. Micron will encourage construction contractors and subcontractors to use Syracuse Build as a first-source model to identify candidates for hiring from disadvantaged populations. 6. Micron’s focus extends deeper into community infrastructure and services, including plans to invest $10 million in venture funding in partnership with the regional tech ecosystem to support and attract new business to Central New York. 4. Micron has entered into a Project Labor Agreement with local trade unions, which establishes a framework for labor-management cooperation and stability throughout construction of the Proposed Project. This agreement outlines the use of the Center for Military Recruitment, Assessment and Veterans Employment and its “Helmets to Hardhats” program. It also requires contractors to donate one cent per hour for each craft hour worked on the Proposed Project to the Pathways for Apprenticeship program, part of Syracuse Build, to promote representation of minorities and women in the Proposed Project workforce. 5. As part of Micron’s commitment to increase supplier diversity, Micron will target to award 30% of the Proposed Project’s eligible construction spend, and 20% of its eligible ongoing annual operating spend, to companies owned by individuals from traditionally underrepresented communities, with priority given to New York State Certified Minority/Women Owned Business Enterprises and Service-Disabled Veteran Owned Businesses. Micron will encourage construction contractors and subcontractors to use Syracuse Build as a first-source model to identify candidates for hiring from disadvantaged populations. 6. Micron’s focus extends deeper into community infrastructure and services, including plans to invest $10 million in venture funding in partnership with the regional tech ecosystem to support and attract new business to Central New York. 7. Micron will continue evaluating opportunities to leverage community and minority financial institutions as the company grows in the region. This includes making $10 million in deposits with Minority Depository Institutions (MDIs) that serve Central New York. 5 4861-1998-4071, v. 1 Page 46 of 50 Micron Confidential Micron NY – Overview Map * Page 47 of 50 Micron Confidential *At the time of this Amended and Restated Application, the Financial Assistance requested are intended for the Micron Campus only. 7. Micron will continue evaluating opportunities to leverage community and minority financial institutions as the company grows in the region. This includes making $10 million in deposits with Minority Depository Institutions (MDIs) that serve Central New York. 5 4861-1998-4071, v. 1 Page 46 of 50 Micron Confidential Micron NY – Overview Map * Page 47 of 50 Micron Confidential *At the time of this Amended and Restated Application, the Financial Assistance requested are intended for the Micron Campus only. Micron Confidential Micron NY – Proposed Project Elements ▪ Main Site ⎻ +/- 1,400 ac parcel assemblage at NYS Route 31 & Caughdenoy Road (including “jack and bore” site) ⎻ Fab 1: Start Construction CY 2025 ⎻ Fab 2: Operational by CY 2029 ⎻ Fab 3: Operational by CY 2035 ⎻ Fab 4: Operational by CY 2041 Page 48 of 50 ⎻ Each Fab will have +/- 600k sf cleanroom, 290k sf cleanroom support, 250k sf admin space ⎻ Each set of 2 Fabs will have +/- 470k sf central utility, 200k sf warehouse, 200k sf product testing ⎻ Campus will have ancillary on-site electrical substations, facilities for water and wastewater treatment and storage, and industrial gas storage. Micron Confidential Micron Confidential Micron NY – Proposed Project Elements ▪ Main Site ⎻ +/- 1,400 ac parcel assemblage at NYS Route 31 & Caughdenoy Road (including “jack and bore” site) ⎻ Fab 1: Start Construction CY 2025 ⎻ Fab 2: Operational by CY 2029 ⎻ Fab 3: Operational by CY 2035 ⎻ Fab 4: Operational by CY 2041 Page 48 of 50 ⎻ Each Fab will have +/- 600k sf cleanroom, 290k sf cleanroom support, 250k sf admin space ⎻ Each set of 2 Fabs will have +/- 470k sf central utility, 200k sf warehouse, 200k sf product testing ⎻ Campus will have ancillary on-site electrical substations, facilities for water and wastewater treatment and storage, and industrial gas storage. Micron Confidential TOWN OF CLAY TAX PARCELS POSSIBLE NEED FOR USE OF OCIDA EMINENT DOMAIN AUTHORITY TOWN OF CLAY TAX PARCELS POSSIBLE NEED FOR USE OF OCIDA EMINENT DOMAIN AUTHORITY UTILITY EASEMENTS ONLY Town Tax Parcel Owner 043.-01-32.1 John Peter Ryan 030.-01-01.0 SSO Holdings, LLC 031.-01-16.1 SSO Holdings, LLC 048.-01-02.3 Joseph Emmi 048.-01-06.0 Paul Licari {H5305110.1} Page 49 of 50 UTILITY EASEMENTS ONLY Town Tax Parcel Owner 043.-01-32.1 John Peter Ryan 030.-01-01.0 SSO Holdings, LLC 031.-01-16.1 SSO Holdings, LLC 048.-01-02.3 Joseph Emmi 048.-01-06.0 Paul Licari {H5305110.1} Page 49 of 50 ENVIRONMENTAL REVIEW INFORMATION EXPLANATION The proposed action qualifies as a Type 1 action pursuant to the State Environmental Quality Review Act (“SEQRA”), which constitutes an action more likely than not to require the preparation of an Environmental Impact Statement (EIS). The attached EAF reveals that the proposed action has the potential to result in significant adverse impacts on the environment, including but not limited to impacts related to transportation, natural resources, air quality and construction and construction-related impacts. OCIDA previously assessed the anticipated significant adverse impacts associated with use of the Project site for a similar use but smaller development footprint by acceptance of a Final Supplemental Generic Environmental Impact Statement on July 16, 2021 (“FGEIS”) and the issuance of a SEQRA Findings Statement on July 27, 2021. The Company refers to the FGEIS and the SEQRA Findings Statement for further information on potential significant adverse environmental impacts on the Project site and potential strategies to avoid or mitigate such potential significant adverse impacts. The Project anticipates completion of a Project-specific environmental impact statement that complies with the requirements of SEQRA as well as the requirements of the National Environmental Policy Act. Please note that while Micron is only currently seeking Financial Assistance for Fabs 1 and 2, as defined in the Project Narrative, the Project- specific environmental impact statement will address the impact of all 4 Fabs. ENVIRONMENTAL REVIEW INFORMATION EXPLANATION The proposed action qualifies as a Type 1 action pursuant to the State Environmental Quality Review Act (“SEQRA”), which constitutes an action more likely than not to require the preparation of an Environmental Impact Statement (EIS). The attached EAF reveals that the proposed action has the potential to result in significant adverse impacts on the environment, including but not limited to impacts related to transportation, natural resources, air quality and construction and construction-related impacts. OCIDA previously assessed the anticipated significant adverse impacts associated with use of the Project site for a similar use but smaller development footprint by acceptance of a Final Supplemental Generic Environmental Impact Statement on July 16, 2021 (“FGEIS”) and the issuance of a SEQRA Findings Statement on July 27, 2021. The Company refers to the FGEIS and the SEQRA Findings Statement for further information on potential significant adverse environmental impacts on the Project site and potential strategies to avoid or mitigate such potential significant adverse impacts. The Project anticipates completion of a Project-specific environmental impact statement that complies with the requirements of SEQRA as well as the requirements of the National Environmental Policy Act. Please note that while Micron is only currently seeking Financial Assistance for Fabs 1 and 2, as defined in the Project Narrative, the Project- specific environmental impact statement will address the impact of all 4 Fabs. {H5188712.1} Page 50 of 50 {H5188712.1} Page 50 of 50