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315.435.3770 • ECONOMICDEVELOPMENT@ONGOV.NET Regular Meeting Agenda July 18, 2024 8:35 AM Call to Order the Regular Meeting of the Agency A. Approval of Minutes: June 13, 2024 B. Treasurer’s Report C. Payment of Bills D. Conflict of Interest Action Items:
Old Thompson Road, LLC is requesting an amendment to its existing straight lease transaction it entered into with the Agency in 2017 and modified in 2018 in connection with its proposal to design and construct an extension of approximately 82,320 SF at Feldmeier's existing facility in the Town of DeWitt. The applicant is requesting exemptions from certain sales and use taxes, real property taxes, and mortgage recording taxes.
Agency Action Requested:
a. A resolution of the Board authorizing the financial assistance the Agency will provide and the execution and delivery of the documents related to the provision of the financial assistance. Agency benefits requested include exemptions from certain real property taxes, sales and use taxes and mortgage recording taxes.
Representatives: Kevin McAuliffe, Amy Lawler, Colby Clark
315.435.3770 • ECONOMICDEVELOPMENT@ONGOV.NET Regular Meeting Agenda July 18, 2024 8:35 AM Call to Order the Regular Meeting of the Agency A. Approval of Minutes: June 13, 2024 B. Treasurer’s Report C. Payment of Bills D. Conflict of Interest Action Items:
Old Thompson Road, LLC is requesting an amendment to its existing straight lease transaction it entered into with the Agency in 2017 and modified in 2018 in connection with its proposal to design and construct an extension of approximately 82,320 SF at Feldmeier's existing facility in the Town of DeWitt. The applicant is requesting exemptions from certain sales and use taxes, real property taxes, and mortgage recording taxes.
Agency Action Requested:
a. A resolution of the Board authorizing the financial assistance the Agency will provide and the execution and delivery of the documents related to the provision of the financial assistance. Agency benefits requested include exemptions from certain real property taxes, sales and use taxes and mortgage recording taxes.
Representatives: Kevin McAuliffe, Amy Lawler, Colby Clark 2. Clinton’s Ditch Co-Operative Company, Inc. (3101-24-03A) Second Meeting Clinton's Ditch Co-operative Company, Inc. is proposing to expand their current facility in the Town of Cicero with additions to its current facility including adding a truck repair facility, a building addition, and other ancillary interior and exterior amenities and sitework. The applicant is requesting exemptions from certain sales and use taxes, real property taxes, real estate transfer taxes, and mortgage recording taxes.
Agency Action Requested:
a. A resolution of the Board to authorize adoption of SEQRA determination. b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes. Representatives: JonElle Baskin-Kelley and John Anthony Dunn
Annual assessments of projects as required by General Municipal Law Section 874(12). Representative: Alexis Rodriguez, Secretary Adjourn Onondaga County Industrial Development Agency Regular Meeting Minutes June 13, 2024 2. Clinton’s Ditch Co-Operative Company, Inc. (3101-24-03A) Second Meeting Clinton's Ditch Co-operative Company, Inc. is proposing to expand their current facility in the Town of Cicero with additions to its current facility including adding a truck repair facility, a building addition, and other ancillary interior and exterior amenities and sitework. The applicant is requesting exemptions from certain sales and use taxes, real property taxes, real estate transfer taxes, and mortgage recording taxes.
Agency Action Requested:
a. A resolution of the Board to authorize adoption of SEQRA determination. b. A resolution of the Board authorizing the financial assistance the Agency will provide. Agency benefits requested include exemptions from certain real property taxes, real estate transfer taxes, sales and use taxes and mortgage recording taxes. Representatives: JonElle Baskin-Kelley and John Anthony Dunn
Annual assessments of projects as required by General Municipal Law Section 874(12). Representative: Alexis Rodriguez, Secretary Adjourn Onondaga County Industrial Development Agency Regular Meeting Minutes June 13, 2024 A regular meeting of the Onondaga County Industrial Development Agency was held on Thursday, June 13, 2024, 335 Montgomery Street, Floor 2M, Syracuse, New York.
Janice Herzog called the meeting to order at 8:32 AM with the following:
PRESENT:
Susan Stanczyk Janice Herzog Fanny Villarreal Cydney Johnson
ABSENT:
Patrick Hogan Kevin Ryan Elizabeth Dreyfuss
ALSO PRESENT:
Robert M. Petrovich, Executive Director Nathaniel Stevens, Treasurer Alexis Rodriguez, Secretary McKenna Moonan, Office of Economic Development Jeff Davis, Barclay Damon LLP Amanda Fitzgerald, Barclay Damon LLP John Sidd, Hancock Estabrook APPROVAL OF REGULAR MEETING MINUTES- May 9, 2024 Upon motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the regular meeting minutes of May 9, 2024. Motion was carried.
TREASURER’S REPORT Nate Stevens gave a brief overview of the Treasurer’s Report for the month of May 2024. Upon motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the Treasurer’s Report for the month of May 2024. Motion was carried.
A regular meeting of the Onondaga County Industrial Development Agency was held on Thursday, June 13, 2024, 335 Montgomery Street, Floor 2M, Syracuse, New York.
Janice Herzog called the meeting to order at 8:32 AM with the following:
PRESENT:
Susan Stanczyk Janice Herzog Fanny Villarreal Cydney Johnson
ABSENT:
Patrick Hogan Kevin Ryan Elizabeth Dreyfuss
ALSO PRESENT:
Robert M. Petrovich, Executive Director Nathaniel Stevens, Treasurer Alexis Rodriguez, Secretary McKenna Moonan, Office of Economic Development Jeff Davis, Barclay Damon LLP Amanda Fitzgerald, Barclay Damon LLP John Sidd, Hancock Estabrook APPROVAL OF REGULAR MEETING MINUTES- May 9, 2024 Upon motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the regular meeting minutes of May 9, 2024. Motion was carried.
TREASURER’S REPORT Nate Stevens gave a brief overview of the Treasurer’s Report for the month of May 2024. Upon motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the Treasurer’s Report for the month of May 2024. Motion was carried.
Nate Stevens gave a brief review of Payment of Bills.
Upon motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the Payment of Bills. Motion was carried.
Nate Stevens gave a brief review of Payment of Bills.
Upon motion by Susan Stanczyk, seconded by Fanny Villarreal, the OCIDA Board approved the Payment of Bills. Motion was carried.
The conflict of interest was circulated and there were no conflicts.
The conflict of interest was circulated and there were no conflicts.
1. NexGen Power Systems, Inc. (3101-18-01A) Terminating Project and Evaluating Recapture of Benefits: Robert Petrovich gave a brief overview of the NexGen Power Systems project. He stated that the company filed for Chapter 11 and are no longer operating and vacated the premises. He went on to explain that this project was brought forward by New York State, ESD, through Fort Schuyler. He also noted that they paid their most recent PILOT payment in February of 2024. Robert Petrovich stated that since they are no longer in business, he recommended that the Agency move forward in the termination process as well as evaluation of recapture possibilities. Janice Herzog reread the agency action requested of “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.” A motion was made by Susan
Stanczyk and seconded by Fanny Villarreal. Motion passed unanimously.
1. NexGen Power Systems, Inc. (3101-18-01A) Terminating Project and Evaluating Recapture of Benefits: Robert Petrovich gave a brief overview of the NexGen Power Systems project. He stated that the company filed for Chapter 11 and are no longer operating and vacated the premises. He went on to explain that this project was brought forward by New York State, ESD, through Fort Schuyler. He also noted that they paid their most recent PILOT payment in February of 2024. Robert Petrovich stated that since they are no longer in business, he recommended that the Agency move forward in the termination process as well as evaluation of recapture possibilities. Janice Herzog reread the agency action requested of “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.” A motion was made by Susan
Stanczyk and seconded by Fanny Villarreal. Motion passed unanimously.
2. UR-Ban Villages PFA, LLC (3101-21-07A) Modification Meeting: Robert Petrovich explained that UR-Ban Villages is requesting that 2 acres be released to them, keeping the original PILOT agreement intact. He then explained that these 2 acres would become an indoor soccer field that will be part of the tax property base. Robert Petrovich explained the modification would not harm the community or the Agency, and Nate Stevens gave an update on the project status. Janice Herzog reread the Agency Action Requested “A resolution of the Board authorizing a release of a portion of the Agency’s
leasehold interest in the Project Facility.” A motion was made by Susan Stanczyk and
seconded by Fanny Villarreal. Motion passed unanimously.
2. UR-Ban Villages PFA, LLC (3101-21-07A) Modification Meeting: Robert Petrovich explained that UR-Ban Villages is requesting that 2 acres be released to them, keeping the original PILOT agreement intact. He then explained that these 2 acres would become an indoor soccer field that will be part of the tax property base. Robert Petrovich explained the modification would not harm the community or the Agency, and Nate Stevens gave an update on the project status. Janice Herzog reread the Agency Action Requested “A resolution of the Board authorizing a release of a portion of the Agency’s
leasehold interest in the Project Facility.” A motion was made by Susan Stanczyk and
seconded by Fanny Villarreal. Motion passed unanimously.
3. Public Relations/Marketing Services- Contract Authorization: Janice Herzog asked Robert Petrovich to explain how ABC Creative Marketing Group has benefited the Agency. Robert went on to explain that ABC Creative has provided a new website for the Economic Development Office, as well as marketing and videos that enhance the White Pine Science and Technology Park, which is adjacent to the Micron site. This is to help prepare the Agency for the welcoming of a Taiwanese delegation in hopes to secure supply chain relationships with the coming of Micron to Syracuse. Susan Stanczyk asked what the current contract amount is. Robert Petrovich explained that the original budget was $75,000, which was increased to $100,000, and will now be increased to help create more videos to enhance the projects the Agency is working on. Janice Herzog noted that through her “sneak peak” of one of the most recent videos that will be a great response to the opportunities coming to the area. Janich Herzog read the Agency Action Requested, “A resolution of the Board increasing the contract with ABC Creative Marketing Group in an amount not to exceed $70,000 for public relations/marketing services for OCIDA to
communicate the Agency’s objectives.” A motion was made by Susan Stanczyk and
seconded by Fanny Villarreal. Motion passed unanimously.
3. Public Relations/Marketing Services- Contract Authorization: Janice Herzog asked Robert Petrovich to explain how ABC Creative Marketing Group has benefited the Agency. Robert went on to explain that ABC Creative has provided a new website for the Economic Development Office, as well as marketing and videos that enhance the White Pine Science and Technology Park, which is adjacent to the Micron site. This is to help prepare the Agency for the welcoming of a Taiwanese delegation in hopes to secure supply chain relationships with the coming of Micron to Syracuse. Susan Stanczyk asked what the current contract amount is. Robert Petrovich explained that the original budget was $75,000, which was increased to $100,000, and will now be increased to help create more videos to enhance the projects the Agency is working on. Janice Herzog noted that through her “sneak peak” of one of the most recent videos that will be a great response to the opportunities coming to the area. Janich Herzog read the Agency Action Requested, “A resolution of the Board increasing the contract with ABC Creative Marketing Group in an amount not to exceed $70,000 for public relations/marketing services for OCIDA to
communicate the Agency’s objectives.” A motion was made by Susan Stanczyk and
seconded by Fanny Villarreal. Motion passed unanimously.
4. Micron New York Semiconductor Manufacturing LLC- Eminent Domain Action: Janice Herzog read the Agency Action Requested. Robert Petrovich asked counsel (Jeff Davis and John Sidd) close to the matter to help give a better understanding of this situation. Jeff Davis compared this action to ones that have come before the Board previously as in the development of the White Pine Commerce Park as well as the OHB Application and redevelopment of Shoppingtown Mall. Jeff explained that there is a utility wastewater line that needs to run from the Micron site to Oak Orchard which will pass industrial wastewater as well as reclaimed processed water. Jeff stated that John has been working with Micron for obtaining the easements necessary for this line. Micron and John have obtained most of the easements necessary as of this meeting. Jeff stated that this action put before the Board is not one to take land but requesting the Board to take “necessary 4. Micron New York Semiconductor Manufacturing LLC- Eminent Domain Action: Janice Herzog read the Agency Action Requested. Robert Petrovich asked counsel (Jeff Davis and John Sidd) close to the matter to help give a better understanding of this situation. Jeff Davis compared this action to ones that have come before the Board previously as in the development of the White Pine Commerce Park as well as the OHB Application and redevelopment of Shoppingtown Mall. Jeff explained that there is a utility wastewater line that needs to run from the Micron site to Oak Orchard which will pass industrial wastewater as well as reclaimed processed water. Jeff stated that John has been working with Micron for obtaining the easements necessary for this line. Micron and John have obtained most of the easements necessary as of this meeting. Jeff stated that this action put before the Board is not one to take land but requesting the Board to take “necessary procedural steps” to begin analysis of the land in question. Jeff asked John to give more detail. John explained that he and Micron have been working on this for a year now and have been unsuccessful in coming to a compromise with a portion of landowners where the line would run. John went into brief detail as to what the line carrying wastewater would do for the Applicant and the process of treating said wastewater. John described the troubles he and Micron have faced when trying to gain certain rights to specific properties along the line’s path. Robert Petrovich added that this will not take land from the landowners, but will require a line deep in the ground, and after the installation, a restoring the site to the point where no one will know it is there. He stated that OCIDA in partnership with the Applicant have exercised all options. Jeff Davis explained the Board’s role in this project and stated that the Applicant is in the environmental review stages. Jeff Davis stated “It is to do such things, perform such acts, and execute such documents that are necessary and appropriate to duly notice and conduct a public hearing as provided under the EDP Article 2 including but not limited to: retaining any professionals, consultants, and contractors necessary to provide materials required under the EDPL in connection with a public hearing and the possible acquisition of real estate interests in the Eminent Domain parcels. And to take all actions under the Eminent Domain Procedure Law Section 404 to allow for and facilitate Agency officers, Agency contractors to enter upon the Eminent Domain parcels for the purpose of making surveys, test pits, borings, or other investigations, and also for temporary occupancy during construction.” Janice Herzog then asked what the timeline of this next step, where Jeff Davis gave brief detail on steps and timelines. Janice Herzog reread the Agency Action Requested of “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.” A motion was made by Susan Stanczyk and seconded by
Fanny Villarreal. Motion passed unanimously.
procedural steps” to begin analysis of the land in question. Jeff asked John to give more detail. John explained that he and Micron have been working on this for a year now and have been unsuccessful in coming to a compromise with a portion of landowners where the line would run. John went into brief detail as to what the line carrying wastewater would do for the Applicant and the process of treating said wastewater. John described the troubles he and Micron have faced when trying to gain certain rights to specific properties along the line’s path. Robert Petrovich added that this will not take land from the landowners, but will require a line deep in the ground, and after the installation, a restoring the site to the point where no one will know it is there. He stated that OCIDA in partnership with the Applicant have exercised all options. Jeff Davis explained the Board’s role in this project and stated that the Applicant is in the environmental review stages. Jeff Davis stated “It is to do such things, perform such acts, and execute such documents that are necessary and appropriate to duly notice and conduct a public hearing as provided under the EDP Article 2 including but not limited to: retaining any professionals, consultants, and contractors necessary to provide materials required under the EDPL in connection with a public hearing and the possible acquisition of real estate interests in the Eminent Domain parcels. And to take all actions under the Eminent Domain Procedure Law Section 404 to allow for and facilitate Agency officers, Agency contractors to enter upon the Eminent Domain parcels for the purpose of making surveys, test pits, borings, or other investigations, and also for temporary occupancy during construction.” Janice Herzog then asked what the timeline of this next step, where Jeff Davis gave brief detail on steps and timelines. Janice Herzog reread the Agency Action Requested of “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.” A motion was made by Susan Stanczyk and seconded by
Fanny Villarreal. Motion passed unanimously.
5. COR Van Rensselaer Street Company II, LLC & COR Van Rensselaer Company III, Inc. (3101-15-14A) Request for execution and delivery of lender documents in connection with a financing extension: Janice Herzog read the Agency Action Requested “A resolution of the Board authorizing execution and delivery of lender documents." Amanda Fitzgerald explained the request, stating that it has been seen before by the Board in the past. She also stated that this is a portion of the COR Inner Harbor project, where they are refinancing their building with their current lender, where she stated that the Agency is already a part of the lender documents, and that the Agency is being asked to join in the refinancing documents. She explained that the Agency is in title by the nature of the straight lease transaction. She informed the Board that there is no additional mortgage recording tax exemption, just authorizing the execution of the lender
documents. 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 9:04 AM.
_________________________________ Alexis Rodriguez, Secretary June 30, 2024 Revenue / Expense / Income Current Period Current YTD 5. COR Van Rensselaer Street Company II, LLC & COR Van Rensselaer Company III, Inc. (3101-15-14A) Request for execution and delivery of lender documents in connection with a financing extension: Janice Herzog read the Agency Action Requested “A resolution of the Board authorizing execution and delivery of lender documents." Amanda Fitzgerald explained the request, stating that it has been seen before by the Board in the past. She also stated that this is a portion of the COR Inner Harbor project, where they are refinancing their building with their current lender, where she stated that the Agency is already a part of the lender documents, and that the Agency is being asked to join in the refinancing documents. She explained that the Agency is in title by the nature of the straight lease transaction. She informed the Board that there is no additional mortgage recording tax exemption, just authorizing the execution of the lender
documents. 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 9:04 AM.
_________________________________ Alexis Rodriguez, Secretary June 30, 2024 Revenue / Expense / Income Current Period Current YTD Operating/Non-Op Revenue 140,092 2,546,355 Administrative Expense 44,097 266,750 Operating/Program Expense 37,747 308,479 Net Ordinary Income 58,248 1,971,126 Current Assets Current YTD Prior YTD Total Cash 6,729,488 5,501,302 Less Pass Through Received - 613,131 Available Cash 6,729,488 4,888,171 Receivables 1,755,303 237,012 Total 8,484,791 5,125,183 Onondaga County Industrial Development Agency Profit and Loss June 2024 Operating/Non-Op Revenue 140,092 2,546,355 Administrative Expense 44,097 266,750 Operating/Program Expense 37,747 308,479 Net Ordinary Income 58,248 1,971,126 Current Assets Current YTD Prior YTD Total Cash 6,729,488 5,501,302 Less Pass Through Received - 613,131 Available Cash 6,729,488 4,888,171 Receivables 1,755,303 237,012 Total 8,484,791 5,125,183 Onondaga County Industrial Development Agency Profit and Loss June 2024
Income
2116.1 Agency Fees 2,500.00 2116.3 WPCP Agency Fee 111,111.11 Total 2116 Fees 113,611.11 2410 Lease Income 1,224.30 Total 500 Operating Revenue 114,835.41
2401 Interest Income 25,256.10 Total 501 Non-Operating Revenue 25,256.10 527 Nat Grid Matching Grant 3,618.00
528.003 OHB Redev LLC Funds Pass Thru 29,185.36 529 PILOT Income 229,155.00 Total 534 Pilot & Pass Thru Revenue 258,340.36 550 WPCP Pass Thru Revenue 306,565.66 Total Income $708,615.53 GROSS PROFIT $708,615.53 Expenses
6401 Insurance 1,614.19 6404 Audit 15,000.00 6405 General Accounting 48.60
6406.50 Consulting Services 3,000.00 Total 6406 Other Professional Services 3,000.00 6407 Administrative Expense 44,096.54 6408 Meeting Expenses 304.99 6409 Conference Attendence 1,533.20 6410 Office Expense 210.18 6414 Marketing 12,900.00 Total 6400 Operating Expense 78,707.70
6460 IDA General Legal 874.36 Total 6450 Barclay Damon 874.36 Total 6440 Legal Fees 874.36
Income
2116.1 Agency Fees 2,500.00 2116.3 WPCP Agency Fee 111,111.11 Total 2116 Fees 113,611.11 2410 Lease Income 1,224.30 Total 500 Operating Revenue 114,835.41
2401 Interest Income 25,256.10 Total 501 Non-Operating Revenue 25,256.10 527 Nat Grid Matching Grant 3,618.00
528.003 OHB Redev LLC Funds Pass Thru 29,185.36 529 PILOT Income 229,155.00 Total 534 Pilot & Pass Thru Revenue 258,340.36 550 WPCP Pass Thru Revenue 306,565.66 Total Income $708,615.53 GROSS PROFIT $708,615.53 Expenses
6401 Insurance 1,614.19 6404 Audit 15,000.00 6405 General Accounting 48.60
6406.50 Consulting Services 3,000.00 Total 6406 Other Professional Services 3,000.00 6407 Administrative Expense 44,096.54 6408 Meeting Expenses 304.99 6409 Conference Attendence 1,533.20 6410 Office Expense 210.18 6414 Marketing 12,900.00 Total 6400 Operating Expense 78,707.70
6460 IDA General Legal 874.36 Total 6450 Barclay Damon 874.36 Total 6440 Legal Fees 874.36 Accrual Basis Monday, July 15, 2024 12:37 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss June 2024
6510.7 WPCP Marketing 2,261.50 Total 6510 White Pine Commerce Park 2,261.50 Total 6500 Agency Program Expenses 2,261.50
6606 OHB Redev LLC Funds Pass Thru 29,185.36 Total 6605 Pilot & Pass Thru Expenses 29,185.36 Total 6600 Non-Operating Expenses 29,185.36
6610.1 Barclay Damon 177,777.78 6610.2 JMT 128,787.88 Total 6610 WPCP Pass Thru Expenses 306,565.66 Total Expenses $417,594.58 NET OPERATING INCOME $291,020.95 NET INCOME $291,020.95 Accrual Basis Monday, July 15, 2024 12:37 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Profit and Loss June 2024
6510.7 WPCP Marketing 2,261.50 Total 6510 White Pine Commerce Park 2,261.50 Total 6500 Agency Program Expenses 2,261.50
6606 OHB Redev LLC Funds Pass Thru 29,185.36 Total 6605 Pilot & Pass Thru Expenses 29,185.36 Total 6600 Non-Operating Expenses 29,185.36
6610.1 Barclay Damon 177,777.78 6610.2 JMT 128,787.88 Total 6610 WPCP Pass Thru Expenses 306,565.66 Total Expenses $417,594.58 NET OPERATING INCOME $291,020.95 NET INCOME $291,020.95 Accrual Basis Monday, July 15, 2024 12:37 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2024
Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 5,436,051.51 200.2 Cash - M & T Money Maker Savings 1,963,637.25 Total 200 Cash 7,399,688.76 Total Bank Accounts $7,399,688.76 Accounts Receivable 380 Accounts Rec.
380.6 A/R Fees, Lease & PILOT 3,124,523.10 Total 380 Accounts Rec. 3,124,523.10 Total Accounts Receivable $3,124,523.10 Other Current Assets
480.4 Credit Balance on Card -650.00 Total 480 Prepaid Expenses -650.00 Total Other Current Assets $ -650.00 Total Current Assets $10,523,561.86 Fixed Assets
101 White Pines Commerce Park 4,262.00 101.3 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 20,783.49 107 800 Hiawatha 604,840.42 108 White Pine Science & Technology Park 2,140,557.00 Total 100 Land 2,766,180.91
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 $33,523,859.91 Accrual Basis Monday, July 15, 2024 12:37 PM GMT-04:00 2/2 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2024
Current Assets Bank Accounts 200 Cash 0.00 200.1 Cash - M & T Checking 5,436,051.51 200.2 Cash - M & T Money Maker Savings 1,963,637.25 Total 200 Cash 7,399,688.76 Total Bank Accounts $7,399,688.76 Accounts Receivable 380 Accounts Rec.
380.6 A/R Fees, Lease & PILOT 3,124,523.10 Total 380 Accounts Rec. 3,124,523.10 Total Accounts Receivable $3,124,523.10 Other Current Assets
480.4 Credit Balance on Card -650.00 Total 480 Prepaid Expenses -650.00 Total Other Current Assets $ -650.00 Total Current Assets $10,523,561.86 Fixed Assets
101 White Pines Commerce Park 4,262.00 101.3 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 20,783.49 107 800 Hiawatha 604,840.42 108 White Pine Science & Technology Park 2,140,557.00 Total 100 Land 2,766,180.91
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 $33,523,859.91 Accrual Basis Monday, July 15, 2024 12:38 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2024
Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $44,049,063.53 Accrual Basis Monday, July 15, 2024 12:38 PM GMT-04:00 1/2 Onondaga County Industrial Development Agency Balance Sheet As of June 30, 2024
Other Assets 240 Blue Sky Redevelopment 1,641.76 Total Other Assets $1,641.76 TOTAL ASSETS $44,049,063.53
Liabilities Current Liabilities Accounts Payable 300 WPCP Pass Thru Payable 1,028,952.58 Total Accounts Payable $1,028,952.58 Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 266,750.11 600.204 OHB Redev LLC Funds 670,200.98 600.208 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 30,865,158.86
603 PILOT Pass Thru -6,834,755.90 Total 601 PILOT and Pass Thru Payable -6,834,755.90
631.155 Skaneateles 0.10 Total 631.1 Towns 0.10 Total 631 Due to Other Governments 0.10 Total Other Current Liabilities $24,030,403.06 Total Current Liabilities $25,059,355.64 Total Liabilities $25,059,355.64 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 9,043,102.81 Total Equity $18,989,707.89 TOTAL LIABILITIES AND EQUITY $44,049,063.53
Liabilities Current Liabilities Accounts Payable 300 WPCP Pass Thru Payable 1,028,952.58 Total Accounts Payable $1,028,952.58 Other Current Liabilities 600 Accounts Payable 0.00 600.1 Due to Related Party - OED 266,750.11 600.204 OHB Redev LLC Funds 670,200.98 600.208 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 30,865,158.86
603 PILOT Pass Thru -6,834,755.90 Total 601 PILOT and Pass Thru Payable -6,834,755.90
631.155 Skaneateles 0.10 Total 631.1 Towns 0.10 Total 631 Due to Other Governments 0.10 Total Other Current Liabilities $24,030,403.06 Total Current Liabilities $25,059,355.64 Total Liabilities $25,059,355.64 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 9,043,102.81 Total Equity $18,989,707.89 TOTAL LIABILITIES AND EQUITY $44,049,063.53 Accrual Basis Monday, July 15, 2024 12:38 PM GMT-04:00 2/2 Accrual Basis Monday, July 15, 2024 12:38 PM GMT-04:00 2/2
PAYMENT OF BILLS - SCHEDULE #495 July 18, 2024
PAYMENT OF BILLS - SCHEDULE #495 July 18, 2024
1. ADVANCE MEDIA NEW YORK* $ 1,100.00 Central Upstate MACNY Ad, Inv#1686952 2. ABC CREATIVE GROUP, LLC* $ 11,800.00 Inv#'s 8193, 8245 3. BARCLAY DAMON LLP $ 18,814.75 OHB Redev, Inv#'s 5295481, 5292904 4. BARCLAY DAMON LLP $ 375.00 Parks v. OCIDA, Inv#5292740 5. BARCLAY DAMON LLP $ 464.55 WPSTP, Inv#5292662 6. ABC CREATIVE GROUP, LLC $ 25,600.00 Inv#'s 8248, 8284 7. BARCLAY DAMON LLP $ 177,777.78 May 2024 Legal Costs 8. JMT OF NEW YORK, INC. $ 128,787.88 May 2024 Engineering Costs 9. BARTON & LOGUIDICE, D.P.C $ 3,420.00 Project Monitoring Costs 10. GORICK CONSTRUCTION CO., INC. $ 105,835.60 Retainage/Soil Stabilization & Debris Removal 11. BARCLAY DAMON LLP $ 2,036.90 IDA Matters, Inv#5292902 12. BARCLAY DAMON LLP $ 30.00 Roth Steel, Inv#5293142 TOTAL $ 476,042.46 *Ratification of checks dated June 13, 2024
1. ADVANCE MEDIA NEW YORK* $ 1,100.00 Central Upstate MACNY Ad, Inv#1686952 2. ABC CREATIVE GROUP, LLC* $ 11,800.00 Inv#'s 8193, 8245 3. BARCLAY DAMON LLP $ 18,814.75 OHB Redev, Inv#'s 5295481, 5292904 4. BARCLAY DAMON LLP $ 375.00 Parks v. OCIDA, Inv#5292740 5. BARCLAY DAMON LLP $ 464.55 WPSTP, Inv#5292662 6. ABC CREATIVE GROUP, LLC $ 25,600.00 Inv#'s 8248, 8284 7. BARCLAY DAMON LLP $ 177,777.78 May 2024 Legal Costs 8. JMT OF NEW YORK, INC. $ 128,787.88 May 2024 Engineering Costs 9. BARTON & LOGUIDICE, D.P.C $ 3,420.00 Project Monitoring Costs 10. GORICK CONSTRUCTION CO., INC. $ 105,835.60 Retainage/Soil Stabilization & Debris Removal 11. BARCLAY DAMON LLP $ 2,036.90 IDA Matters, Inv#5292902 12. BARCLAY DAMON LLP $ 30.00 Roth Steel, Inv#5293142 TOTAL $ 476,042.46 *Ratification of checks dated June 13, 2024
PAYMENT OF BILLS - SCHEDULE #495 July 18, 2024 PILOT Payments 1. ONONDAGA COUNTY $ 71,351.00 Syracuse Apartments 2024 PILOT Payment 2. CITY OF SYRACUSE $ 54,931.00 Syracuse Apartments 2024 PILOT Payment 3. SYRACUSE CITY SCHOOL DISTRICT $ 102,873.00 Syracuse Apartments 2024 PILOT Payment TOTAL $ 229,155.00
1. Project Old Thompson Road, LLC 2. Project Number 3103-24-04C 3. Location DeWitt 4. School District East Syracuse-Minoa
5. Tax Parcel(s) 022.-05-14.1 Village -
PAYMENT OF BILLS - SCHEDULE #495 July 18, 2024 PILOT Payments 1. ONONDAGA COUNTY $ 71,351.00 Syracuse Apartments 2024 PILOT Payment 2. CITY OF SYRACUSE $ 54,931.00 Syracuse Apartments 2024 PILOT Payment 3. SYRACUSE CITY SCHOOL DISTRICT $ 102,873.00 Syracuse Apartments 2024 PILOT Payment TOTAL $ 229,155.00
1. Project Old Thompson Road, LLC 2. Project Number 3103-24-04C 3. Location DeWitt 4. School District East Syracuse-Minoa
5. Tax Parcel(s) 022.-05-14.1 Village - 7.Total Project Cost $ 13,650,000 8. Total Jobs 166 Land Acquisition 8A. Job Retention 141 Site Work/Demo 8B: Job Creation 25 Building Construction & Renovation $ 10,350,000 (Next 5 Years) Furniture & Fixtures Equipment $ 3,300,000 Project Soft Cost Community Investment /Abatement Old Thompson Road, LLC Project Description Fiscal Impact ($) Abatement Summary $1,553,798 Sales Tax Abatement $640,000 Mortgage Tax Abatement $83,100 7.Total Project Cost $ 13,650,000 8. Total Jobs 166 Land Acquisition 8A. Job Retention 141 Site Work/Demo 8B: Job Creation 25 Building Construction & Renovation $ 10,350,000 (Next 5 Years) Furniture & Fixtures Equipment $ 3,300,000 Project Soft Cost Community Investment /Abatement Old Thompson Road, LLC Project Description Fiscal Impact ($) Abatement Summary $1,553,798 Sales Tax Abatement $640,000 Mortgage Tax Abatement $83,100 Property Tax Relief (PILOT) $830,698 Old Thompson Road, LLC is proposing to design and construct an approximate 82,320 Community Investment $132,374,246 SF extension to their existing facility. PILOT Payments $3,423,046 Project Salaries and Benefits Estimated (10 yrs) $113,560,000 Construction Benefit Estimate $1,741,200 Total Project Cost $13,650,000 Investment:Abatement Ratio 85.19 :1 Old Thompson Road, LLC A) PILOTS Estimate Table Worksheet for 10 years OCIDA estimate of current market value $ 7,993,500 Property Tax Relief (PILOT) $830,698 Old Thompson Road, LLC is proposing to design and construct an approximate 82,320 Community Investment $132,374,246 SF extension to their existing facility. PILOT Payments $3,423,046 Project Salaries and Benefits Estimated (10 yrs) $113,560,000 Construction Benefit Estimate $1,741,200 Total Project Cost $13,650,000 Investment:Abatement Ratio 85.19 :1 Old Thompson Road, LLC A) PILOTS Estimate Table Worksheet for 10 years OCIDA estimate of current market value $ 7,993,500 Projected investment $ 10,350,000 OCIDA estimate of increase in value $ 4,744,102 OCIDA estimated value after project is completed $ 12,737,602 Taxes that would have been collected if the project did not occur $ 2,697,178 Scheduled PILOT payments $ 3,423,046 Projected investment $ 10,350,000 OCIDA estimate of increase in value $ 4,744,102 OCIDA estimated value after project is completed $ 12,737,602 Taxes that would have been collected if the project did not occur $ 2,697,178 Scheduled PILOT payments $ 3,423,046 County PILOT Full Tax Payment PILOT YEAR Year Exemption % Town School District Total PILOT Net Exemption Amount w/o PILOT Existing PILOT 2024 Existing PILOT $ 21,963.00 $ 20,143.00 $ 104,908.00 $ 147,014.00 $ 247,971.15 $ 100,956.33 Existing PILOT 2025 Existing PILOT $ 25,479.00 $ 23,368.00 $ 121,703.00 $ 170,550.00 $ 252,930.57 $ 82,380.36 1 2026 100% $ 29,127.00 $ 26,714.00 $ 139,127.00 $ 194,968.00 $ 337,123.80 $ 142,155.80 2 2027 90% $ 34,707.96 $ 32,439.15 $ 167,647.78 $ 234,794.89 $ 365,293.92 $ 130,499.02 3 2028 80% $ 40,499.81 $ 38,382.51 $ 197,253.47 $ 276,135.78 $ 394,454.89 $ 118,319.12 4 2029 70% $ 46,510.13 $ 44,550.95 $ 227,976.17 $ 319,037.25 $ 424,637.06 $ 105,599.81 5 2030 60% $ 49,347.28 $ 47,835.15 $ 243,622.96 $ 340,805.39 $ 433,129.80 $ 92,324.41 6 2031 50% $ 52,279.32 $ 51,232.90 $ 259,804.43 $ 363,316.65 $ 441,792.39 $ 78,475.74 7 2032 40% $ 55,308.90 $ 54,747.43 $ 276,535.71 $ 386,592.03 $ 450,628.24 $ 64,036.21 8 2033 30% $ 58,438.75 $ 58,382.04 $ 293,832.31 $ 410,653.11 $ 459,640.81 $ 48,987.70 9 2034 20% $ 61,671.67 $ 62,140.14 $ 311,710.17 $ 435,521.99 $ 468,833.62 $ 33,311.64 10 2035 10% $ 65,010.53 $ 66,025.21 $ 330,185.61 $ 461,221.36 $ 478,210.29 $ 16,988.93 TOTAL $ 492,901.35 $ 482,449.49 $ 2,447,695.60 $ 3,423,046.45 $ 4,253,744.82 $ 830,698.38 County PILOT Full Tax Payment PILOT YEAR Year Exemption % Town School District Total PILOT Net Exemption Amount w/o PILOT Existing PILOT 2024 Existing PILOT $ 21,963.00 $ 20,143.00 $ 104,908.00 $ 147,014.00 $ 247,971.15 $ 100,956.33 Existing PILOT 2025 Existing PILOT $ 25,479.00 $ 23,368.00 $ 121,703.00 $ 170,550.00 $ 252,930.57 $ 82,380.36 1 2026 100% $ 29,127.00 $ 26,714.00 $ 139,127.00 $ 194,968.00 $ 337,123.80 $ 142,155.80 2 2027 90% $ 34,707.96 $ 32,439.15 $ 167,647.78 $ 234,794.89 $ 365,293.92 $ 130,499.02 3 2028 80% $ 40,499.81 $ 38,382.51 $ 197,253.47 $ 276,135.78 $ 394,454.89 $ 118,319.12 4 2029 70% $ 46,510.13 $ 44,550.95 $ 227,976.17 $ 319,037.25 $ 424,637.06 $ 105,599.81 5 2030 60% $ 49,347.28 $ 47,835.15 $ 243,622.96 $ 340,805.39 $ 433,129.80 $ 92,324.41 6 2031 50% $ 52,279.32 $ 51,232.90 $ 259,804.43 $ 363,316.65 $ 441,792.39 $ 78,475.74 7 2032 40% $ 55,308.90 $ 54,747.43 $ 276,535.71 $ 386,592.03 $ 450,628.24 $ 64,036.21 8 2033 30% $ 58,438.75 $ 58,382.04 $ 293,832.31 $ 410,653.11 $ 459,640.81 $ 48,987.70 9 2034 20% $ 61,671.67 $ 62,140.14 $ 311,710.17 $ 435,521.99 $ 468,833.62 $ 33,311.64 10 2035 10% $ 65,010.53 $ 66,025.21 $ 330,185.61 $ 461,221.36 $ 478,210.29 $ 16,988.93 TOTAL $ 492,901.35 $ 482,449.49 $ 2,447,695.60 $ 3,423,046.45 $ 4,253,744.82 $ 830,698.38 Year 0 1 2 3 4 5 Jobs Current/Actuals Creation Goals 10 15 Total Employment Goals 141 151 166 166 166 166 Year 0 1 2 3 4 5 Jobs Current/Actuals Creation Goals 10 15 Total Employment Goals 141 151 166 166 166 166
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.
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 athttps://extapps.dec.ny.gov/docs/permits ej operationspdf/feafpartl.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 athttps://extapps.dec.ny.gov/docs/permits ej operationspdf/feafpartl.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 natestevensAongov.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 Return completed application to:
Onondaga County Industrial Development Agency
Phone: 315-435-3770 I Fax: 315-435-3669 natestevens@ongov.net
Submittal Date: April 26, 2024 A) Applicant/Protect Operator information (company receiving benefits):
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 natestevensAongov.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 Return completed application to:
Onondaga County Industrial Development Agency
Phone: 315-435-3770 I Fax: 315-435-3669 natestevens@ongov.net
Submittal Date: April 26, 2024 A) Applicant/Protect Operator information (company receiving benefits):
Applicant/Project Operator Address: 6800 Townline Road, Syracuse, NY 13211 Phone: 315-454-8608 Fax: 315-454-3701 Website: www.feldmeier.com Email: colby@feldmeier.com Federal ID#: 82-1321143 NAICS: 332420 State of Incorporation: New York See link for your NYS incorporation information. https://apps.dos.ny.gov/publicInquiry
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 E1 Limited Liability Company ❑ Other, explain List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership "See Attached Onondaga County Industrial Development Agency Page 2 C) Applicant Business Description:
Applicant/Project Operator Address: 6800 Townline Road, Syracuse, NY 13211 Phone: 315-454-8608 Fax: 315-454-3701 Website: www.feldmeier.com Email: colby@feldmeier.com Federal ID#: 82-1321143 NAICS: 332420 State of Incorporation: New York See link for your NYS incorporation information. https://apps.dos.ny.gov/publicInquiry
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 E1 Limited Liability Company ❑ Other, explain List all stockholders, members, or partners with % of ownership greater than 5%: Name % of ownership "See Attached Onondaga County Industrial Development Agency Page 2 C) Applicant Business Description:
Estimated % of sales within Onondaga County: 1% Estimated % of sales outside Onondaga County but within New York State: 10% Estimated % of sales outside New York State but within the U.S.: 84% Estimated % of sales outside the U.S.: (*Percentage to equal 100%) 5%
Applicant /Owner History: 1. Is the Owner and/or Applicant or any manager or owner of the Owner and/or Applicant now a plaintiff or defendant in any civil or criminal litigation? E No El Yes, explain 2. Has any owner of manager of the Owner and/or Applicant listed above ever been convicted of a criminal offense (other than a minor traffic violation)? E No El Yes, explain 3. Has any.serson listed in Section I ever been in receivership or declared bankruptcy? G1 No U 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?
CINo E Yes, explain (Provide year, project name, benefit description, amounts, address) `See Attached 2017 PILOT E) Individual Completing Application:
Name: Amy Lawler Title: Chief Financial Officer Address: 6715 Robert Feldmeier Parkway, Syracuse, NY 13211 phone: 315-454-8608 x4020 Cell Phone: E-mail: alawler@feldmeier.com Estimated % of sales within Onondaga County: 1% Estimated % of sales outside Onondaga County but within New York State: 10% Estimated % of sales outside New York State but within the U.S.: 84% Estimated % of sales outside the U.S.: (*Percentage to equal 100%) 5%
Applicant /Owner History: 1. Is the Owner and/or Applicant or any manager or owner of the Owner and/or Applicant now a plaintiff or defendant in any civil or criminal litigation? E No El Yes, explain 2. Has any owner of manager of the Owner and/or Applicant listed above ever been convicted of a criminal offense (other than a minor traffic violation)? E No El Yes, explain 3. Has any.serson listed in Section I ever been in receivership or declared bankruptcy? G1 No U 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?
CINo E Yes, explain (Provide year, project name, benefit description, amounts, address) `See Attached 2017 PILOT E) Individual Completing Application:
Name: Amy Lawler Title: Chief Financial Officer Address: 6715 Robert Feldmeier Parkway, Syracuse, NY 13211 phone: 315-454-8608 x4020 Cell Phone: E-mail: alawler@feldmeier.com F) Company Contact (if different from individual completing application):
Name: Colby Clark Title: President & Chief Executive Officer Address: 6715 Robert Feldmeier Parkway, Syracuse, NY 13211 phone: 315-454-8608 Cell Phone: Email: colby@feldmeier.com Onondaga County Industrial Development Agency Page 3 G) Company Counsel:
Name of Attorney: Kevin R. McAuliffe, Esq.
Firm Name: Barclay Damon LLP Address: 125 East Jefferson Street, Syracuse, NY 13202 Phone: 315-382-8703 Cell Phone:
Email: kmcauliffe@barclaydamon.com Onondaga County Industrial Development Agency Page 4
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. F) Company Contact (if different from individual completing application):
Name: Colby Clark Title: President & Chief Executive Officer Address: 6715 Robert Feldmeier Parkway, Syracuse, NY 13211 phone: 315-454-8608 Cell Phone: Email: colby@feldmeier.com Onondaga County Industrial Development Agency Page 3 G) Company Counsel:
Name of Attorney: Kevin R. McAuliffe, Esq.
Firm Name: Barclay Damon LLP Address: 125 East Jefferson Street, Syracuse, NY 13202 Phone: 315-382-8703 Cell Phone:
Email: kmcauliffe@barclaydamon.com Onondaga County Industrial Development Agency Page 4
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: 6715 Robert Feldmeier Parkway Legal Address (if different):
City: Town: DeWitt Village: Zip Code: 13211 School District: East Syracuse-Minoa Tax Map Parcel ID(s): 022.-05-14.1 Full Market Value: $ 7,993,500 Square Footage of Existing Building(s): 125,684 B) Project Activity (Check all that apply):
El New construction Acquisition of existing facility El E Expansion to current facilities ❑ Brownfield/Remediated Brownfield El Renovation of existing facility ❑ Demolition and construction
C) Select Project Type or Project End Use at site (you may check more than one): E Manufacturing 0 Mixed Use Retail (see Section V) 0 Facility of Aging CI Housing Project (see Section VII) 0 Distribution/Wholesale Civic Facility (not for profit) 0 Commercial 0 Industrial 0 Renewable Energy Project (see Section VI) Other, explain D) Project Narrative: Please check one of the two boxes below and attach statement. Address: 6715 Robert Feldmeier Parkway Legal Address (if different):
City: Town: DeWitt Village: Zip Code: 13211 School District: East Syracuse-Minoa Tax Map Parcel ID(s): 022.-05-14.1 Full Market Value: $ 7,993,500 Square Footage of Existing Building(s): 125,684 B) Project Activity (Check all that apply):
El New construction Acquisition of existing facility El E Expansion to current facilities ❑ Brownfield/Remediated Brownfield El Renovation of existing facility ❑ Demolition and construction
C) Select Project Type or Project End Use at site (you may check more than one): E Manufacturing 0 Mixed Use Retail (see Section V) 0 Facility of Aging CI Housing Project (see Section VII) 0 Distribution/Wholesale Civic Facility (not for profit) 0 Commercial 0 Industrial 0 Renewable Energy Project (see Section VI) Other, explain D) Project Narrative: Please check one of the two boxes below and attach statement. 0 A statement that the Project described in this application would not be undertaken but for the financial assistance provided by the Agency.
❑ 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 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;
CI (iii) the size of the lot upon which the Project sits or is to be constructed; CI (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).
0 A statement that the Project described in this application would not be undertaken but for the financial assistance provided by the Agency.
❑ 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 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;
CI (iii) the size of the lot upon which the Project sits or is to be constructed; CI (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?
CI No E Yes *See Attached G) Please describe any compelling circumstances the Agency should be aware of while reviewing this application.
H) Local Approvals (Site Plan and Environmental Review) Have site plans been submitted to the appropriate town or local planning department? El No. When will the plans be submitted? E Yes, what is the status? Pending Has the project received site plan approval from the town or local planning board? E No, anticipated approval date. 6/2024 Oyes, 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.) 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?
CI No E Yes *See Attached G) Please describe any compelling circumstances the Agency should be aware of while reviewing this application.
H) Local Approvals (Site Plan and Environmental Review) Have site plans been submitted to the appropriate town or local planning department? El No. When will the plans be submitted? E Yes, what is the status? Pending Has the project received site plan approval from the town or local planning board? E No, anticipated approval date. 6/2024 Oyes, 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.)
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 operationspdf/feafpartl .pdf b. Has Lead Agency been established? IE] No CI Yes, name of Lead Agency c. Have any environmental issues been identified on the property?
CI No CI Yes, explain Onondaga County Industrial Development Agency Page 6
A) Project Costs and Finances Description of Costs Total Budget Amount Land Acquisition Site Work/Demo Building Construction & Renovation $10,350,000 Furniture & Fixtures Equipment $3,300,000 Project Soft Cost Total Project Cost $13,650,000 Please have documentation available upon request. Do not include OCIDA fees, OCIDA application fees or OCIDA legalfees as part of the Total Project Cost.
Sources of Funds for Project Costs:
1. Bank Financing $ 13,650,000 00
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 operationspdf/feafpartl .pdf b. Has Lead Agency been established? IE] No CI Yes, name of Lead Agency c. Have any environmental issues been identified on the property?
CI No CI Yes, explain Onondaga County Industrial Development Agency Page 6
A) Project Costs and Finances Description of Costs Total Budget Amount Land Acquisition Site Work/Demo Building Construction & Renovation $10,350,000 Furniture & Fixtures Equipment $3,300,000 Project Soft Cost Total Project Cost $13,650,000 Please have documentation available upon request. Do not include OCIDA fees, OCIDA application fees or OCIDA legalfees as part of the Total Project Cost.
Sources of Funds for Project Costs:
1. Bank Financing $ 13,650,000 00
grants and tax credits) -Identify each state and federal grant/credit:
Onondaga County Industrial Development Agency 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.
❑ No El Yes, provide number of FTE jobs at the project site 117 If you are relocating, are all employees moving to new site? CI No, explain Ei Yes
Estimate the number of FTE jobs to be 141 (24 to move from Townline Rd. to Feldmeier Parkway facility) retained as a result of this Project:
Estimate the number of construction jobs to be created by this Project: 60 b-9 months Estimate the average length of construction ^ jobs to be created (months):
grants and tax credits) -Identify each state and federal grant/credit:
Onondaga County Industrial Development Agency 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.
❑ No El Yes, provide number of FTE jobs at the project site 117 If you are relocating, are all employees moving to new site? CI No, explain Ei Yes
Estimate the number of FTE jobs to be 141 (24 to move from Townline Rd. to Feldmeier Parkway facility) retained as a result of this Project:
Estimate the number of construction jobs to be created by this Project: 60 b-9 months Estimate the average length of construction ^ jobs to be created (months):
Current annual payroll including the $12 000 000 benefit cost: , , Average salary amount that is an 1 0 OA employee benefit (%):
Average annual growth salary/wage rate (%) 4%-5°/0 Provide an estimate of the number of residents in the Economic Development Region (Onondaga, Madison, Cayuga, Oneida, Oswego, and Cortland Counties) to fill new FTE jobs:
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 8 All employees both current and future will be employees of Feldmeier Equipment, the tenant and affiliate of the applicant. Current annual payroll including the $12 000 000 benefit cost: , , Average salary amount that is an 1 0 OA employee benefit (%):
Average annual growth salary/wage rate (%) 4%-5°/0 Provide an estimate of the number of residents in the Economic Development Region (Onondaga, Madison, Cayuga, Oneida, Oswego, and Cortland Counties) to fill new FTE jobs:
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 8 All employees both current and future will be employees of Feldmeier Equipment, the tenant and affiliate of the applicant. Please use this chart to illustrate the current employment:
Job Title/Category Current Annual Pay Current Employment (FTE) Production $62,000 112 Corporate/Administration $110,000 29 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 Production $52,000 10 15 0 0 0 D) Financial Assistance sought:
El Real Property Tax Abatement (PILOT): Agency Staff will provide draft andfinal PILOT schedule:
E Mortgage Recording Tax Exemption (.75% of mortgage): $83,100 ❑ Sales and Use Tax Exemption (4% Local, 4% State): $640,000 ❑ Tax Exempt Bond Financing (Amount Requested):
❑ Taxable Bond Financing (Amount Requested):
Please use this chart to illustrate the current employment:
Job Title/Category Current Annual Pay Current Employment (FTE) Production $62,000 112 Corporate/Administration $110,000 29 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 Production $52,000 10 15 0 0 0 D) Financial Assistance sought:
El Real Property Tax Abatement (PILOT): Agency Staff will provide draft andfinal PILOT schedule:
E Mortgage Recording Tax Exemption (.75% of mortgage): $83,100 ❑ Sales and Use Tax Exemption (4% Local, 4% State): $640,000 ❑ Tax Exempt Bond Financing (Amount Requested):
❑ Taxable Bond Financing (Amount Requested):
Onondaga County Industrial Development Agency 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): s 11,080.000 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): s 83.100 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: $ 8,000,000 Estimated State and local Sales and Use Tax Benefit (product of 8% multiplied by the figure, above): $ 640,000 Onondaga County Industrial Development Agency Page 10
Onondaga County Industrial Development Agency 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): s 11,080.000 Estimated Mortgage Recording Tax Exemption Benefit (product of mortgage amount as indicated above, multiplied by .0075): s 83.100 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: $ 8,000,000 Estimated State and local Sales and Use Tax Benefit (product of 8% multiplied by the figure, above): $ 640,000 Onondaga County Industrial Development Agency Page 10
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 Year Exemption PILOT PILOT PILOT Payment Net Exemption
mount Amount Amount w/o PILOT
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.
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 Year Exemption PILOT PILOT PILOT Payment Net Exemption
mount Amount Amount w/o PILOT
Estimates provided are based on current property tax rates and assessment value (current as of date of application submission) and have been calculated by IDA staff.
Onondaga County Industrial Development Agency Page 11 Onondaga County Industrial Development Agency Page 11
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 unemplox_ment rate for the year to which the date relates.
U 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?
El 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, Cit County or Village of where the Project will be located.
If yes, please provide data and explain.
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 unemplox_ment rate for the year to which the date relates.
U 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?
El 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, Cit County or Village of where the Project will be located.
If yes, please provide data and explain.
Onondaga County Industrial Development Agency Page 12 Onondaga County Industrial Development Agency Page 12
Please answer all the questions as an addendum to this application:
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)]
❑ 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
❑ 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 answer all the questions as an addendum to this application:
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)]
❑ 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
❑ 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 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 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. 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 14 You will receive a draft Cost Benefit Analysis and a Draft PILOT schedule from this office. You may use these documents as your Project progresses through the Agency approval process. Agency staff are available to update these two documents as needed.
Onondaga County Industrial Development Agency Page 14
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.
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 15
In absence of a waiver permitting otherwise, every project seeking the assistance of the Onondaga County Industrial Development Agency (Agency) must use local general contractors, sub- contractors, and labor for one-hundred percent (100%) of the construction of new, expanded, or renovated facilities. The project's construction or project manager need not be a local company. 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 15
In absence of a waiver permitting otherwise, every project seeking the assistance of the Onondaga County Industrial Development Agency (Agency) must use local general contractors, sub- contractors, and labor for one-hundred percent (100%) of the construction of new, expanded, or renovated facilities. The project's construction or project manager need not be a local company. Noncompliance may result in the revocation and/or recapture of all benefits extended to the project by the Agency. Local Labor is defined as laborers permanently residing in the State of New York counties of Cayuga, Cortland, Herkimer, Jefferson, Madison, Oneida, Onondaga, Oswego, Tompkins, and Wayne. Local (General/Sub) Contractor is defined as a contractor operating a permanent office in the State of New York counties of Cayuga, Cortland, Herkimer, Jefferson, Madison, Oneida, Onondaga, Oswego, Tompkins and Wayne. The Agency may determine on a case-by-case basis to waive the Local Access Policy for a project or for a portion of a project where consideration of warranty issues, necessity of specialized skills, significant cost differentials between local and non-local services or other compelling circumstances exist. The procedure to address a local labor waiver can be found in the OCIDA handbook, which is available upon request. In consideration of the extension of financial assistance by the Agencyci iTtripson ac(the Company understands the Local Access Policy and agrees to abide by it. The Company understands that an Agency tax-exempt certificate is typically valid for 12 months from the effective date of the project inducement and extended thereafter upon request by the Company. The Company further understands that any request for a waiver to this policy must be submitted in writing and approved by the Agency.
Noncompliance may result in the revocation and/or recapture of all benefits extended to the project by the Agency. Local Labor is defined as laborers permanently residing in the State of New York counties of Cayuga, Cortland, Herkimer, Jefferson, Madison, Oneida, Onondaga, Oswego, Tompkins, and Wayne. Local (General/Sub) Contractor is defined as a contractor operating a permanent office in the State of New York counties of Cayuga, Cortland, Herkimer, Jefferson, Madison, Oneida, Onondaga, Oswego, Tompkins and Wayne. The Agency may determine on a case-by-case basis to waive the Local Access Policy for a project or for a portion of a project where consideration of warranty issues, necessity of specialized skills, significant cost differentials between local and non-local services or other compelling circumstances exist. The procedure to address a local labor waiver can be found in the OCIDA handbook, which is available upon request. In consideration of the extension of financial assistance by the Agencyci iTtripson ac(the Company understands the Local Access Policy and agrees to abide by it. The Company understands that an Agency tax-exempt certificate is typically valid for 12 months from the effective date of the project inducement and extended thereafter upon request by the Company. The Company further understands that any request for a waiver to this policy must be submitted in writing and approved by the Agency.
I agree to the conditions of this agreement and certify all in ormation provided regarding the construction and employment activities for the project as of 1 2Q2 -I (date). If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page.
Applicant(s) Company: C)\ Representative for Contract:
Address: (o AocY-1--45tAiLnac, City: State: 1\k Zip: 1. :21 I Phone:(2)l Email: mow, e err) Project Address. cokcl r City: State: Zip: / S21 I Signature:
General Contractor:
Contact Person:
Address: City: State: Zip: Phone: Email:
Authorized Representative: Title: Signature:
CA -\s- -\\MS c\7 - C_,C.r)4717„Rt-k7Y, Onondaga County Industrial Development Agency Page 16
I agree to the conditions of this agreement and certify all in ormation provided regarding the construction and employment activities for the project as of 1 2Q2 -I (date). If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page.
Applicant(s) Company: C)\ Representative for Contract:
Address: (o AocY-1--45tAiLnac, City: State: 1\k Zip: 1. :21 I Phone:(2)l Email: mow, e err) Project Address. cokcl r City: State: Zip: / S21 I Signature:
General Contractor:
Contact Person:
Address: City: State: Zip: Phone: Email:
Authorized Representative: Title: Signature:
CA -\s- -\\MS c\7 - C_,C.r)4717„Rt-k7Y, Onondaga County Industrial Development Agency Page 16
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
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
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 17
Information to be Provided the Company: Each Company agrees that to receive benefits from the Agency it must, whenever requested by the Agency or required under applicable statutes or project documents, provide and certify or cause to be provided and certified such information concerning the Company, its finances, its employees and other topics which shall, from time to time, be necessary or appropriate, including but not limited to, such information as to enable the Agency to make any reports required by law or governmental regulation.
Please refer to the OCIDA Uniform Tax Exemption Policy (UTEP).
I have read the foregoing and agree to comply with all the terms and conditions contained therein as well as policies of the Onondaga County Industrial Agency.
If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page.
Name of Applicant(s) Company Feldmeier Equipment Inc. Signature of Officer or Authorized Representative: C OCIDA reserves the right to modify this schedule at any time and assess fees and charges in connection with other transactions such as grants of easement or lease or sale of OCIDA-owned property. Onondaga County Industrial Development Agency Page 17
Information to be Provided the Company: Each Company agrees that to receive benefits from the Agency it must, whenever requested by the Agency or required under applicable statutes or project documents, provide and certify or cause to be provided and certified such information concerning the Company, its finances, its employees and other topics which shall, from time to time, be necessary or appropriate, including but not limited to, such information as to enable the Agency to make any reports required by law or governmental regulation.
Please refer to the OCIDA Uniform Tax Exemption Policy (UTEP).
I have read the foregoing and agree to comply with all the terms and conditions contained therein as well as policies of the Onondaga County Industrial Agency.
If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page.
Name of Applicant(s) Company Feldmeier Equipment Inc. Signature of Officer or Authorized Representative: C Name & Title of Officer or Authorized Representative: Colby Clark Date:
Onondaga County Industrial Development Agency Page 18
Agency Board Members
Agency Officers/Staff 1. Robert M. Petrovich, Executive Director
Agency Legal Counsel & Auditor 1. Jeffrey Davis, Esq., Barclay Damon LLP 2. Amanda Fitzgerald, Esq., Barclay Damon LLP 3. Michael G. Lisson, CPA, Grossman St. Amour Certified Public Accountants PLLC The Applicant(s) has received a list of members, officers and staff of the Agency. To the best of my knowledge, no member, officer or employee of the Agency has an interest, whether direct or indirect, in any transaction contemplated by this Application, except as hereinafter described: If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page.
Name & Title of Officer or Authorized Representative: Colby Clark Date:
Onondaga County Industrial Development Agency Page 18
Agency Board Members
Agency Officers/Staff 1. Robert M. Petrovich, Executive Director
Agency Legal Counsel & Auditor 1. Jeffrey Davis, Esq., Barclay Damon LLP 2. Amanda Fitzgerald, Esq., Barclay Damon LLP 3. Michael G. Lisson, CPA, Grossman St. Amour Certified Public Accountants PLLC The Applicant(s) has received a list of members, officers and staff of the Agency. To the best of my knowledge, no member, officer or employee of the Agency has an interest, whether direct or indirect, in any transaction contemplated by this Application, except as hereinafter described: If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page.
Name of Applicant(s) Company Feldmeie iprjnt, Inc. Signature of Officer or Authorized Representative:
Name & Title of Officer or Authorized Representative: Colby Clark, President & Chief Executive Officer Date:
Onondaga County Industrial Development Agency Page 19
If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page.
Colby Clark (Name of CEO or other authorized representative of
Applicant)(s) confirms and says that he/she is the President & Chief Executive Officer (title) of Feldmeier Equipment, inc. (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:
Name of Applicant(s) Company Feldmeie iprjnt, Inc. Signature of Officer or Authorized Representative:
Name & Title of Officer or Authorized Representative: Colby Clark, President & Chief Executive Officer Date:
Onondaga County Industrial Development Agency Page 19
If there are two applicants (Real Estate Holding and Operating Company) both need to complete this page.
Colby Clark (Name of CEO or other authorized representative of
Applicant)(s) confirms and says that he/she is the President & Chief Executive Officer (title) of Feldmeier Equipment, inc. (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.
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