Typeset from the PDF of the official document (read by OCR) — headings, motions and recorded votes are detected automatically, so spacing may differ from the original. The official copy governs.
NOTICE IS HEREBY GIVEN that a public hearing pursuant to Article 18-A of the New York State General Municipal Law will be held by the Onondaga County Industrial Development Agency (the "Agency") on February 28, 2024, at 9:30 a.m., local time, at DeWitt Town Hall, 5400 Butternut Drive, East Syracuse, New York 13057, in connection with the following matter:
TTM TECHNOLOGIES, INC., a Delaware corporation authorized to do business in the State of New York, having an office for the transaction of business located at 6635 Kirkville Road, East Syracuse, New York 10357, for itself or on behalf of an entity formed or to be formed by it or on its behalf (collectively, the "Company") has submitted an application (the "Application") to the Agency requesting that the Agency undertake a certain project (the "Project") for the benefit of the Company (or entity to be formed by it or on its behalf) consisting of: (A) the Agency taking title to or a leasehold (or other) interest in (1) the Company's existing facility located at 6635 Kirkville Road, in the Town of DeWitt, Onondaga County, being more particularly identified as tax map numbers 039.-07-06.0; 039.-07-06.0/01; 037.-10-04.4; 037.-10- 05.1 (the "Kirkville Road Land") and (2) approximately 22.78 acres of land located at 6457, 6473, 6485 and 6493 Fly Road in the Town of DeWitt, Onondaga County, being more particularly identified as tax map numbers 037.-10-04.1, 037.-10-03.1, 037.-10-02.1, and 037.- 10-01.1 (the "Fly Road Land"; and, together with the Kirkville Road Land, the "Land"); (B) the removal of certain existing residential structures located on the Fly Road Land; (C) the construction on the Land of an approximately 214,770 square-foot precision manufacturing facility for the semiconductor, aerospace and defense industries consisting of (a) an approximately 117,940 square-foot ground floor, of which approximately 60,000 square feet will be used for manufacturing of integrated circuit boards and state-of-the-art automated manufacturing of ultra high-density interconnected (HDI) printed circuit boards, approximately 20,000 square feet will be used for small reception/office areas, conference rooms, an IT server room, restrooms and corridors, and approximately 40,000 square feet will remain unfinished for future expansion, (b) an approximately 62,860 square-foot second floor of unfinished space for future expansion, (c) an approximately 33,970 square-foot adjacent mechanical annex building to house process treatment systems, mechanical/electrical equipment rooms, loading dock areas, shipping/receiving and engineering support systems, and (d) approximately 316 parking spaces for employees, customers and visitors (together, the "Fly Road Land Improvements"); (D) the corresponding renovation of the existing 164,215 square foot facility on the Kirkville Road Land (collectively, the “Kirkville Road Improvements”; and, together with the Fly Road Land Improvements, the “Improvements”); and (E) the acquisition and installation by the Company in and around the Land and the Improvements of items of equipment and other tangible personal property (the "Equipment"; and, together with the Land and the Improvements, the "Facility"). The Agency will acquire title to, or a leasehold interest in, the Facility and lease the Facility back to the Company. The Company will operate the Facility during the term of the lease. At the end of the lease term, the Company will purchase the Facility from the Agency, or if the Agency holds a leasehold interest, the leasehold interest will be terminated. The Agency contemplates that it will provide financial assistance (the "Financial Assistance") to the Company in the form of (i) exemptions from sales and use taxes otherwise payable upon the 429019\4891-5530-5893\ v1 purchase or lease of materials, furnishings, fixtures and equipment, and other taxable personal property, (ii) a partial real property tax abatement structured through a payment-in-lieu-of-tax agreement, and (iii) exemptions from mortgage recording taxes in connection with the acquisition financing, construction financing and/or permanent financing or any subsequent refinancing of the costs of the acquisition, construction, renovation, reconstruction, refurbishing and equipping of the Facility as permitted by New York State law.
A representative of the Agency will be at the above-stated time and place to present a copy of the Company's project Application and hear and accept written and oral comments from all persons with views in favor of or opposed to or otherwise relevant to the proposed Financial Assistance.
The Agency will provide additional access to the public hearing by broadcasting the public hearing in real time online at https://us02web.zoom.us/j/81889282347.
Furthermore, the public is encouraged to offer its comments in writing to the Agency by e-mail at economicdevelopment@ongov.net or via USPS mail sent to: Onondaga County Industrial Development Agency (Attn: Svetlana Dyer), 335 Montgomery Street, Floor 2M, Syracuse, New York 13202, no later than February 26, 2024.