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.
315.435.3770 • ECONOMICDEVELOPMENT@ONGOV.NET Annual Meeting Agenda March 14, 2024 8:35 AM Call to Order
Action Items:
Agency Action Requested:
a. A Resolution by the Board approving the 2023 Annual Report of the Governance Committee.
Representative: Kevin Ryan, Chair, Governance Committee
Agency Action Requested:
a. A Resolution approving the 2023 Annual Report of the Agency Representative: Nate Stevens, Treasurer Adjourn
315.435.3770 • ECONOMICDEVELOPMENT@ONGOV.NET Annual Meeting Agenda March 14, 2024 8:35 AM Call to Order
Action Items:
Agency Action Requested:
a. A Resolution by the Board approving the 2023 Annual Report of the Governance Committee.
Representative: Kevin Ryan, Chair, Governance Committee
Agency Action Requested:
a. A Resolution approving the 2023 Annual Report of the Agency Representative: Nate Stevens, Treasurer Adjourn
Onondaga County Industrial Development Agency Annual Meeting Minutes March 23, 2023 The annual meeting of the Onondaga County Industrial Development Agency was held on Tuesday, March 23, 2023 at the 335 Montgomery Street, Floor 2M, Syracuse, New York via Zoom Teleconference.
Chairperson Patrick Hogan called the meeting to order at 8:12 am with the following:
PRESENT:
Patrick Hogan Janice Herzog Susan Stanczyk Kevin Ryan
ABSENT:
Fanny Villarreal
Onondaga County Industrial Development Agency Annual Meeting Minutes March 23, 2023 The annual meeting of the Onondaga County Industrial Development Agency was held on Tuesday, March 23, 2023 at the 335 Montgomery Street, Floor 2M, Syracuse, New York via Zoom Teleconference.
Chairperson Patrick Hogan called the meeting to order at 8:12 am with the following:
PRESENT:
Patrick Hogan Janice Herzog Susan Stanczyk Kevin Ryan
ABSENT:
Fanny Villarreal
ALSO PRESENT:
Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Svetlana Dyer, Assistant Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Len Rauch, Economic Development Jeff Davis, Barclay Damon Law Firm Amanda Fitzgerald, Barclay Damon Law Firm Matthew Pelligra, Office of Economic Development Mike Lisson, Grossman St. Amour Breanah Lane, Grossman St. Amour Rich Dausman, Cryomech, Inc.
Ilari Savola, Bluefors Cryocooler Technologies Paul Reichel, Bond Schoeneck & King Anthony Bell, RPNY Solar 4, LLC Rob Panasci, RPNY Solar 4, LLC Stephanie Loucas, RPNY Solar 4, LLC Jake Clay, RPNY Solar 4, LLC Michelle Molinet, J.W. Didado Electric, LLC John Sidd, Hancock & Estabrook Christine Stevens, VIP Structures JoAnne Getman, VIP Structures Ken Bush, County Legislature Rick Moriarty, Post Standard Matt Mulcahey, Channel 3 News Dennis Harmor, Channel 9 News Conor Wright, Channel 9 News 1 Chris Bianchi, Syracuse City School District APPROVAL OF ANNUAL MEETING MINUTES – MARCH 9, 2022 Upon a motion by Kevin Ryan, seconded by Janice Herzog, the OCIDA Board approved the minutes of the March 9, 2022 annual meeting. Motion was carried.
ALSO PRESENT:
Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Svetlana Dyer, Assistant Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Len Rauch, Economic Development Jeff Davis, Barclay Damon Law Firm Amanda Fitzgerald, Barclay Damon Law Firm Matthew Pelligra, Office of Economic Development Mike Lisson, Grossman St. Amour Breanah Lane, Grossman St. Amour Rich Dausman, Cryomech, Inc.
Ilari Savola, Bluefors Cryocooler Technologies Paul Reichel, Bond Schoeneck & King Anthony Bell, RPNY Solar 4, LLC Rob Panasci, RPNY Solar 4, LLC Stephanie Loucas, RPNY Solar 4, LLC Jake Clay, RPNY Solar 4, LLC Michelle Molinet, J.W. Didado Electric, LLC John Sidd, Hancock & Estabrook Christine Stevens, VIP Structures JoAnne Getman, VIP Structures Ken Bush, County Legislature Rick Moriarty, Post Standard Matt Mulcahey, Channel 3 News Dennis Harmor, Channel 9 News Conor Wright, Channel 9 News 1 Chris Bianchi, Syracuse City School District APPROVAL OF ANNUAL MEETING MINUTES – MARCH 9, 2022 Upon a motion by Kevin Ryan, seconded by Janice Herzog, the OCIDA Board approved the minutes of the March 9, 2022 annual meeting. Motion was carried.
Nancy Lowery gave a brief review of the Governance Committee Annual Report.
Upon a motion by Kevin Ryan, seconded by Susan Stanczyk, the OCIDA Board approved a resolution accepting the Governance Committee Report. Motion was carried.
Nancy Lowery gave a brief review of the Governance Committee Annual Report.
Upon a motion by Kevin Ryan, seconded by Susan Stanczyk, the OCIDA Board approved a resolution accepting the Governance Committee Report. Motion was carried.
Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution accepting the 2022 Annual Report. Motion was carried.
Upon a motion by Janice Herzog, seconded by Susan Stanczyk, the OCIDA Board approved a resolution accepting the 2022 Annual Report. Motion was carried.
Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the accounts and signature authority to Robert M. Petrovich, Nate Stevens, Patrick Hogan and Janice Herzog at M & T Bank. Motion was carried.
Upon a motion by Susan Stanczyk, seconded by Janice Herzog, the OCIDA Board approved a resolution authorizing the accounts and signature authority to Robert M. Petrovich, Nate Stevens, Patrick Hogan and Janice Herzog at M & T Bank. Motion was carried.
Upon a motion by Janice Herzog, seconded by Kevin Ryan, the OCIDA Board adjourned the meeting at 8:42 am. Motion was carried.
____________________________________ Nancy Lowery, Secretary 2 Onondaga County Industrial Development Agency Governance Committee Annual Report
Committee Members & Staff Kevin Ryan, Committee Chair Fanny Villarreal Pat Hogan, Board Chair Robert M. Petrovich, Executive Director Nancy Lowery, Secretary Nate Stevens, Treasurer Purpose of the Committee The purpose of the Governance Committee is to keep members informed of current best governance practices, to review corporate governance trends, to update the Agency’s corporate governance practices and principals, and to advise on the skills and experience required of potential Agency members.
Upon a motion by Janice Herzog, seconded by Kevin Ryan, the OCIDA Board adjourned the meeting at 8:42 am. Motion was carried.
____________________________________ Nancy Lowery, Secretary 2 Onondaga County Industrial Development Agency Governance Committee Annual Report
Committee Members & Staff Kevin Ryan, Committee Chair Fanny Villarreal Pat Hogan, Board Chair Robert M. Petrovich, Executive Director Nancy Lowery, Secretary Nate Stevens, Treasurer Purpose of the Committee The purpose of the Governance Committee is to keep members informed of current best governance practices, to review corporate governance trends, to update the Agency’s corporate governance practices and principals, and to advise on the skills and experience required of potential Agency members.
January 19, 2023 February 9, 2023 November 9, 2023 Fiscal Year 2023 Annual Self Evaluation The Committee conducted a self-evaluation at its November 9, 2023 meeting. It found no issues. The Governance Committee will present its self-evaluation to the full Board at the Agency’s Annual Meeting tentatively scheduled for March 9, 2024.
Review of Charter The Committee reviewed the Governance, Audit, and Finance Committee charters on November 9, 2023. It found no issue with the charters. The Committee will present its findings to the Agency Board at the Agency’s Annual Meeting tentatively scheduled for March 9, 2024.
Disposition of Duties At the January 19, 2023 meeting the Committee reviewed its Uniform Tax Exemption Policy (UTEP), Procurement Policy, Bylaws, Structure and Make-up of Board Committees and Property Acquisition Policy and found no issues. At the February 9, 2023 meeting the Committee reviewed the modified Open Meetings Law – Video Conferencing State Statute and forwarded it to the full Board with a recommendation for adoption of the video conferencing policy. At the June 8, 2023 meeting the Committee reviewed staff’s changes to the OCIDA application and recommended transmitting the revised document to the full Board for approval.
January 19, 2023 February 9, 2023 November 9, 2023 Fiscal Year 2023 Annual Self Evaluation The Committee conducted a self-evaluation at its November 9, 2023 meeting. It found no issues. The Governance Committee will present its self-evaluation to the full Board at the Agency’s Annual Meeting tentatively scheduled for March 9, 2024.
Review of Charter The Committee reviewed the Governance, Audit, and Finance Committee charters on November 9, 2023. It found no issue with the charters. The Committee will present its findings to the Agency Board at the Agency’s Annual Meeting tentatively scheduled for March 9, 2024.
Disposition of Duties At the January 19, 2023 meeting the Committee reviewed its Uniform Tax Exemption Policy (UTEP), Procurement Policy, Bylaws, Structure and Make-up of Board Committees and Property Acquisition Policy and found no issues. At the February 9, 2023 meeting the Committee reviewed the modified Open Meetings Law – Video Conferencing State Statute and forwarded it to the full Board with a recommendation for adoption of the video conferencing policy. At the June 8, 2023 meeting the Committee reviewed staff’s changes to the OCIDA application and recommended transmitting the revised document to the full Board for approval.
At the November 9, 2023 meeting the Committee completed its annual review of Board, Committee and Staff self-evaluations, Committee Charters as well as the 2023 Committee annual report. Annual Report
At the November 9, 2023 meeting the Committee completed its annual review of Board, Committee and Staff self-evaluations, Committee Charters as well as the 2023 Committee annual report. Annual Report
Board Members 1 Officers & Staff 2 Committees & Members 3 Board Meeting and Attendance 4
Organizational Chart 5 Mission, Purpose & Description 6 Statutory Basis 6 Subsidiaries 7
Program Incentives 8 Material Changes to Operations & Programs 8 Accomplishments 9
Bond Projects 10 Tax Exempt Bonds 10 Taxable Bonds 10 Assessment of Internal Controls 10
Four Year Financial Plan 12
Material Pending Litigation 17
A - Board & Staff Biographies 19 B - Board & Committee Self-Evaluation 24 C - By-Laws 29 D - Code of Ethics 33 E - Performance Goals 36 F - Internal Controls Report 38 G – Governance Committee Annual Report 41
Board Members 1 Officers & Staff 2 Committees & Members 3 Board Meeting and Attendance 4
Organizational Chart 5 Mission, Purpose & Description 6 Statutory Basis 6 Subsidiaries 7
Program Incentives 8 Material Changes to Operations & Programs 8 Accomplishments 9
Bond Projects 10 Tax Exempt Bonds 10 Taxable Bonds 10 Assessment of Internal Controls 10
Four Year Financial Plan 12
Material Pending Litigation 17
A - Board & Staff Biographies 19 B - Board & Committee Self-Evaluation 24 C - By-Laws 29 D - Code of Ethics 33 E - Performance Goals 36 F - Internal Controls Report 38 G – Governance Committee Annual Report 41
Names and Terms Patrick Hogan, Chair February 2012 – Present Janice Herzog, Vice Chair February 2013 – Present Susan Stanczyk December 2015 – Present Kevin Ryan June 2016 – Present Fanny Villarreal August 2016 – Present Cydney Johnson March 2023 – Present Elizabeth Dreyfuss March 2023 – Present Victor Ianno February 2012 – February 2023 Steve Morgan September 2014 – February 2023 1
Names and Terms Patrick Hogan, Chair February 2012 – Present Janice Herzog, Vice Chair February 2013 – Present Susan Stanczyk December 2015 – Present Kevin Ryan June 2016 – Present Fanny Villarreal August 2016 – Present Cydney Johnson March 2023 – Present Elizabeth Dreyfuss March 2023 – Present Victor Ianno February 2012 – February 2023 Steve Morgan September 2014 – February 2023 1
Officers & Staff Robert M. Petrovich Executive Director Nate Stevens Treasurer Nancy Lowery Secretary Svetlana Dyer Assistant Secretary Karen Doster Recording Secretary Alexis Rodriguez Assistant Treasurer Agency Counsel Barclay Damon LLP Agency Auditor Grossman St. Amour Certified Public Accountants PLLC Compensation Schedule For those who make over $100,000 including biographical information None Board & Staff Biographies
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Officers & Staff Robert M. Petrovich Executive Director Nate Stevens Treasurer Nancy Lowery Secretary Svetlana Dyer Assistant Secretary Karen Doster Recording Secretary Alexis Rodriguez Assistant Treasurer Agency Counsel Barclay Damon LLP Agency Auditor Grossman St. Amour Certified Public Accountants PLLC Compensation Schedule For those who make over $100,000 including biographical information None Board & Staff Biographies
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Audit Committee Janice Herzog - Chair Cydney Johnson Patrick Hogan Finance Committee Susan Stanczyk - Chair Elizabeth Dreyfuss Patrick Hogan Governance Committee Kevin Ryan - Chair Fanny Villarreal Patrick Hogan 3
Audit Committee Janice Herzog - Chair Cydney Johnson Patrick Hogan Finance Committee Susan Stanczyk - Chair Elizabeth Dreyfuss Patrick Hogan Governance Committee Kevin Ryan - Chair Fanny Villarreal Patrick Hogan 3
January January Organizational February March April Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Janice Herzog Janice Herzog Janice Herzog Janice Herzog Janice Herzog Kevin Ryan Kevin Ryan Susan Stanczyk Susan Stanczyk Susan Stanczyk Fanny Villarreal Fanny Villarreal Kevin Ryan Kevin Ryan Kevin Ryan Fanny Villarreal Cydney Johnson Elizabeth Dreyfuss May June June Special July August
January January Organizational February March April Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Janice Herzog Janice Herzog Janice Herzog Janice Herzog Janice Herzog Kevin Ryan Kevin Ryan Susan Stanczyk Susan Stanczyk Susan Stanczyk Fanny Villarreal Fanny Villarreal Kevin Ryan Kevin Ryan Kevin Ryan Fanny Villarreal Cydney Johnson Elizabeth Dreyfuss May June June Special July August Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Janice Herzog Janice Herzog Janice Herzog Janice Herzog Janice Herzog Susan Stanczyk Susan Stanczyk Susan Stanczyk Kevin Ryan Susan Stanczyk Kevin Ryan Kevin Ryan Fanny Villarreal Cydney Johnson Kevin Ryan Cydney Johnson Fanny Villarreal Cydney Johnson Fanny Villarreal Elizabeth Dreyfuss Cydney Johnson Elizabeth Dreyfuss Cydney Johnson Elizabeth Dreyfuss September October November December Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Janice Herzog Janice Herzog Janice Herzog Janice Herzog Fanny Villarreal Susan Stanczyk Kevin Ryan Susan Stanczyk Cydney Johnson Kevin Ryan Fanny Villarreal Kevin Ryan Elizabeth Dreyfuss Fanny Villarreal Elizabeth Dreyfuss Fanny Villarreal Cydney Johnson Cydney Johnson Elizabeth Dreyfuss Elizabeth Dreyfuss 4 Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Janice Herzog Janice Herzog Janice Herzog Janice Herzog Janice Herzog Susan Stanczyk Susan Stanczyk Susan Stanczyk Kevin Ryan Susan Stanczyk Kevin Ryan Kevin Ryan Fanny Villarreal Cydney Johnson Kevin Ryan Cydney Johnson Fanny Villarreal Cydney Johnson Fanny Villarreal Elizabeth Dreyfuss Cydney Johnson Elizabeth Dreyfuss Cydney Johnson Elizabeth Dreyfuss September October November December Patrick Hogan Patrick Hogan Patrick Hogan Patrick Hogan Janice Herzog Janice Herzog Janice Herzog Janice Herzog Fanny Villarreal Susan Stanczyk Kevin Ryan Susan Stanczyk Cydney Johnson Kevin Ryan Fanny Villarreal Kevin Ryan Elizabeth Dreyfuss Fanny Villarreal Elizabeth Dreyfuss Fanny Villarreal Cydney Johnson Cydney Johnson Elizabeth Dreyfuss Elizabeth Dreyfuss 4
Freedom of Information Officer Robert M. Petrovich Freedom of Information Finance Chair Elizabeth Dreyfuss Appeals Officer Committee Susan Stanczyk Patrick Hogan Patrick Hogan Governance Chair Fanny Villarreal Committees IDA Board Committee Kevin Ryan Patrick Hogan Audit Chair Elizabeth Dreyfuss Committee Janice Herzog Patrick Hogan Board Chair Board Vice Chair Patrick Hogan Janice Herzog Executive Director Robert Petrovich
Freedom of Information Officer Robert M. Petrovich Freedom of Information Finance Chair Elizabeth Dreyfuss Appeals Officer Committee Susan Stanczyk Patrick Hogan Patrick Hogan Governance Chair Fanny Villarreal Committees IDA Board Committee Kevin Ryan Patrick Hogan Audit Chair Elizabeth Dreyfuss Committee Janice Herzog Patrick Hogan Board Chair Board Vice Chair Patrick Hogan Janice Herzog Executive Director Robert Petrovich Secretary Assistant Secretary Nancy Lowery Svetlana Dyer Officers Recording Secretary Karen Doster Treasurer Assistant Treasurer Nate Stevens Alexis Rodriguez 5 Secretary Assistant Secretary Nancy Lowery Svetlana Dyer Officers Recording Secretary Karen Doster Treasurer Assistant Treasurer Nate Stevens Alexis Rodriguez 5
To stimulate economic development, growth, and general prosperity for the people of Onondaga County by using available incentives, rights and powers in an efficient and cooperative manner.
To stimulate economic development, growth, and general prosperity for the people of Onondaga County by using available incentives, rights and powers in an efficient and cooperative manner.
The Onondaga County Industrial Development Agency (“the Agency”) is a public benefit corporation of the State of New York created in 1970 pursuant to Article 18-A of the General Municipal Law. Industrial Development Agencies are authorized to advance the job opportunities, health, general prosperity and economic welfare of the people of the State of New York and improve their recreation opportunities, prosperity and standard of living. Agencies promote, develop, encourage, and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing of industrial, manufacturing, warehousing, commercial, research, recreational, education, cultural, railroad, and horse racing facilities.
The Onondaga County Industrial Development Agency (“the Agency”) is a public benefit corporation of the State of New York created in 1970 pursuant to Article 18-A of the General Municipal Law. Industrial Development Agencies are authorized to advance the job opportunities, health, general prosperity and economic welfare of the people of the State of New York and improve their recreation opportunities, prosperity and standard of living. Agencies promote, develop, encourage, and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing of industrial, manufacturing, warehousing, commercial, research, recreational, education, cultural, railroad, and horse racing facilities.
§ 895. Onondaga County Industrial Development Agency. 1. For the benefit of the County of Onondaga and the inhabitants thereof, an industrial development agency, to be known as the ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY, is hereby established for the accomplishment of any or all of the purposes specified in title one of article eighteen-A of this chapter. It shall constitute a body corporate and politic, and be perpetual in duration. It shall have the powers and duties now or hereafter conferred by title one of article eighteen-A of this chapter upon industrial development agencies. It shall be organized in a manner prescribed by and be subject to the provisions of title one of article eighteen-A of this chapter. Its members shall be appointed by the governing body of the County of Onondaga. The agency, its members, officers and employees, and its operations and activities, except as provided specifically herein, shall be governed by the provisions of title one of article eighteen-A of this chapter.
§ 895. Onondaga County Industrial Development Agency. 1. For the benefit of the County of Onondaga and the inhabitants thereof, an industrial development agency, to be known as the ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY, is hereby established for the accomplishment of any or all of the purposes specified in title one of article eighteen-A of this chapter. It shall constitute a body corporate and politic, and be perpetual in duration. It shall have the powers and duties now or hereafter conferred by title one of article eighteen-A of this chapter upon industrial development agencies. It shall be organized in a manner prescribed by and be subject to the provisions of title one of article eighteen-A of this chapter. Its members shall be appointed by the governing body of the County of Onondaga. The agency, its members, officers and employees, and its operations and activities, except as provided specifically herein, shall be governed by the provisions of title one of article eighteen-A of this chapter.
2. In addition to the powers and duties now or hereafter conferred by title one of article eighteen-A of this chapter, the agency shall have the power (i) to acquire, construct, own, maintain, and lease or sell to a railroad or private business corporation any interest including easements or rights or way, in one or more railroad supporting service facilities located in Onondaga County, including necessary switching apparatus, track, and other equipment necessary or convenient thereto, which will be used in conjunction with industrial, manufacturing, commercial or warehousing operations and (ii) to finance such facilities through the issuance of its bonds and notes, when in the judgment of the agency, such facilities will serve to promote, develop, encourage and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing industrial, manufacturing, warehousing, commercial and research facilities including industrial pollution control facilities and thereby advance the job opportunities, health and general prosperity and economic welfare of the people of the state and improve their prosperity and standard of living. 2. In addition to the powers and duties now or hereafter conferred by title one of article eighteen-A of this chapter, the agency shall have the power (i) to acquire, construct, own, maintain, and lease or sell to a railroad or private business corporation any interest including easements or rights or way, in one or more railroad supporting service facilities located in Onondaga County, including necessary switching apparatus, track, and other equipment necessary or convenient thereto, which will be used in conjunction with industrial, manufacturing, commercial or warehousing operations and (ii) to finance such facilities through the issuance of its bonds and notes, when in the judgment of the agency, such facilities will serve to promote, develop, encourage and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing industrial, manufacturing, warehousing, commercial and research facilities including industrial pollution control facilities and thereby advance the job opportunities, health and general prosperity and economic welfare of the people of the state and improve their prosperity and standard of living.
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A seven-member board appointed by the Onondaga County Legislature governs the Agency. Operating funds are derived solely from fees paid by applicants seeking assistance, closed Agency projects and the interest earned on the Agency fund balance.
The Onondaga County Office of Economic Development administers the Onondaga County Industrial Agency through a contract between the County and the Agency.
During the January - December 31, 2023 fiscal year, the Agency conducted 32 public meetings. These meetings included 12 regular board meetings, 1 special meetings, 1 annual meeting, 1 Organizational meeting, 8 committee meetings, and 9 public hearings.
An independent certified public accounting firm performs the annual financial audit of the Agency. The report will be available after March 31, 2024 at https://www.ongoved.com/ocida/
A seven-member board appointed by the Onondaga County Legislature governs the Agency. Operating funds are derived solely from fees paid by applicants seeking assistance, closed Agency projects and the interest earned on the Agency fund balance.
The Onondaga County Office of Economic Development administers the Onondaga County Industrial Agency through a contract between the County and the Agency.
During the January - December 31, 2023 fiscal year, the Agency conducted 32 public meetings. These meetings included 12 regular board meetings, 1 special meetings, 1 annual meeting, 1 Organizational meeting, 8 committee meetings, and 9 public hearings.
An independent certified public accounting firm performs the annual financial audit of the Agency. The report will be available after March 31, 2024 at https://www.ongoved.com/ocida/
The Agency provides business support and operates incentive programs consistent with its powers and mission statement in the following areas:
Financing – Tax-exempt private activity bonds, taxable bonds. Statutory authority to issue civic facility bonds has terminated.
Tax Management – Exemptions from mortgage recording, sales and use taxes and abatement of real property taxes through payment-in-lieu of tax agreements Site Development – Development of property and facilities for investment, for example the White Pine Commerce Park
The Agency provides business support and operates incentive programs consistent with its powers and mission statement in the following areas:
Financing – Tax-exempt private activity bonds, taxable bonds. Statutory authority to issue civic facility bonds has terminated.
Tax Management – Exemptions from mortgage recording, sales and use taxes and abatement of real property taxes through payment-in-lieu of tax agreements Site Development – Development of property and facilities for investment, for example the White Pine Commerce Park
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OCIDA 2023 Accomplishments include:
Onondaga County Industrial Development Agency (OCIDA) closed 7 projects in 2023: 1046 Old Seneca Turnpike1 in the town of Skaneateles Fayette Manlius in the Town of Manlius, QP2 Properties LLC in the Town of Clay, Wallace Supply, LLC d/b/a JSWG Supply, LLC in the Town of Dewitt, CVE US E14 North, LLC in the town of Manlius, CVE US15 Manlius East, LLC in the town of Manlius, CVE US16 Manlius West, LLC in the town of Manlius.
Continuing remediation planning and work at the Roth Steel property located at 800 Hiawatha Blvd, Syracuse.
White Pine Commerce Park -Micron’s investment into a memory semiconductor manufacturer at the White Pine Commerce Park in Onondaga County will make it one of the largest construction projects in North America. Micron plans to invest up to $100 billion over next 20 years building a mega- complex of computer chip manufacturing and is set to provide 50,000 jobs throughout the area, with 9,000 working directly for the company.
OCIDA 2023 Accomplishments include:
Onondaga County Industrial Development Agency (OCIDA) closed 7 projects in 2023: 1046 Old Seneca Turnpike1 in the town of Skaneateles Fayette Manlius in the Town of Manlius, QP2 Properties LLC in the Town of Clay, Wallace Supply, LLC d/b/a JSWG Supply, LLC in the Town of Dewitt, CVE US E14 North, LLC in the town of Manlius, CVE US15 Manlius East, LLC in the town of Manlius, CVE US16 Manlius West, LLC in the town of Manlius.
Continuing remediation planning and work at the Roth Steel property located at 800 Hiawatha Blvd, Syracuse.
White Pine Commerce Park -Micron’s investment into a memory semiconductor manufacturer at the White Pine Commerce Park in Onondaga County will make it one of the largest construction projects in North America. Micron plans to invest up to $100 billion over next 20 years building a mega- complex of computer chip manufacturing and is set to provide 50,000 jobs throughout the area, with 9,000 working directly for the company.
White Pine Commerce Park 2023 Board actions include:
July 20, 2023, A resolution of the Board declaring the project a Type I action under SEQRA and the Agency’s intent to be Lead Agency for the coordinated environmental review.
December 14, 2023, A resolution of the board adopting the Final SEQRA Scoping Document.
OCIDA and Syracuse Habitat for Humanity teamed up to benefit the Syracuse for Humanity ReStore. OCIDA gave Syracuse Habitat for Humanity access to Burnet Road properties to partially deconstruct homes for materials for resale at the ReStore.
OCIDA staff continues to build relationships with local municipalities on economic development activities and information about IDA financial assistance.
1. 1046 Old Seneca Turnpike in the town of Skaneateles did a partial closing in 2022 and the Total Project Cost as well as the new jobs were accounted for in the 2022 Annual Report. The final closing occurred in 2023. 9 White Pine Commerce Park 2023 Board actions include:
July 20, 2023, A resolution of the Board declaring the project a Type I action under SEQRA and the Agency’s intent to be Lead Agency for the coordinated environmental review.
December 14, 2023, A resolution of the board adopting the Final SEQRA Scoping Document.
OCIDA and Syracuse Habitat for Humanity teamed up to benefit the Syracuse for Humanity ReStore. OCIDA gave Syracuse Habitat for Humanity access to Burnet Road properties to partially deconstruct homes for materials for resale at the ReStore.
OCIDA staff continues to build relationships with local municipalities on economic development activities and information about IDA financial assistance.
1. 1046 Old Seneca Turnpike in the town of Skaneateles did a partial closing in 2022 and the Total Project Cost as well as the new jobs were accounted for in the 2022 Annual Report. The final closing occurred in 2023. 9
The following is a list of project activity for 2023:
Projects Closed in 2023 Project ID Company 3101-23-04A Wallace Supply, LLC d/b/a JSWG Supply, LLC 3101-23-03A QP2 Properties, LLC 3101-22-01A Fayette Manlius, LLC 3101-21-16A CVE US E14 Manlius North 3101-21-17B CVE US E15 Manlius East 3101-21-18C CVE US E16 Manlius West Projects Induced & Pending Close Project ID Company 3101-22-05A Syracuse Haulers Waste Removal, Inc. 3101-22-08A Bluefors Inc. (Formerly Cryomech Inc.) 3101-22-09A Peregrine Holdings LLC
The following is a list of project activity for 2023:
Projects Closed in 2023 Project ID Company 3101-23-04A Wallace Supply, LLC d/b/a JSWG Supply, LLC 3101-23-03A QP2 Properties, LLC 3101-22-01A Fayette Manlius, LLC 3101-21-16A CVE US E14 Manlius North 3101-21-17B CVE US E15 Manlius East 3101-21-18C CVE US E16 Manlius West Projects Induced & Pending Close Project ID Company 3101-22-05A Syracuse Haulers Waste Removal, Inc. 3101-22-08A Bluefors Inc. (Formerly Cryomech Inc.) 3101-22-09A Peregrine Holdings LLC
Tax-exempt Bonds None Taxable Bonds None
Tax-exempt Bonds None Taxable Bonds None
The assessment of effectiveness of internal control structure and procedures can be found in the 2023 annual audit for OCIDA and can be referred to on the Onondaga County Office of Economic Development website: www.ongoved.com
The assessment of effectiveness of internal control structure and procedures can be found in the 2023 annual audit for OCIDA and can be referred to on the Onondaga County Office of Economic Development website: www.ongoved.com
(i) audited financials in accordance with all applicable regulations and following generally accepted accounting principles as defined in subdivision ten of section two of the state finance law. (ii) grants and subsidy programs.
(iii) operating and financial risks.
10 (iv) current ratings if any, of its bonds issued by recognized municipal bond rating agencies and notice of changes in such ratings; and (v) long-term liabilities, including leases and employee benefit plans The financial reports can be found in the 2023 annual audit for OCIDA and can be referred to on the Onondaga County Office of Economic Development website: www.ongoved.com Operating & Financial Risks The following are some of the operating and financial risks that impact the OCIDA.
(i) audited financials in accordance with all applicable regulations and following generally accepted accounting principles as defined in subdivision ten of section two of the state finance law. (ii) grants and subsidy programs.
(iii) operating and financial risks.
10 (iv) current ratings if any, of its bonds issued by recognized municipal bond rating agencies and notice of changes in such ratings; and (v) long-term liabilities, including leases and employee benefit plans The financial reports can be found in the 2023 annual audit for OCIDA and can be referred to on the Onondaga County Office of Economic Development website: www.ongoved.com Operating & Financial Risks The following are some of the operating and financial risks that impact the OCIDA. Description of Risk New York State Legislative changes that could impact the scope and function of OCIDA operations.
New York State Regulatory changes that could impact cost of compliance and benefits provided by OCIDA.
Litigation risk as leaseholder and ownership interests that could impact the financial health of OCIDA.
Health of the local economy impacts the number and size of Agency project which may impact the revenue of Agency.
Failure of IT Systems Loss of personnel or turnover of key staff Description of Risk New York State Legislative changes that could impact the scope and function of OCIDA operations.
New York State Regulatory changes that could impact cost of compliance and benefits provided by OCIDA.
Litigation risk as leaseholder and ownership interests that could impact the financial health of OCIDA.
Health of the local economy impacts the number and size of Agency project which may impact the revenue of Agency.
Failure of IT Systems Loss of personnel or turnover of key staff
The schedule of bonds and notes can be found in the 2023 annual audit for OCIDA and can be referred to on the Onondaga County Office of Economic Development website: www.ongoved.com 11
The schedule of bonds and notes can be found in the 2023 annual audit for OCIDA and can be referred to on the Onondaga County Office of Economic Development website: www.ongoved.com 11
12 Agency Contracts OCIDA conducts competitive procurement processes (such as Requests for Proposals) in accordance with OCIDA’s Procurement policy.
Based on the needs of the Agency, entities who respond to these competitive processes are awarded work and, where appropriate, applicants to the Agency reimburse the Agency for costs related to the review of applications and/or project specific work.
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12 Agency Contracts OCIDA conducts competitive procurement processes (such as Requests for Proposals) in accordance with OCIDA’s Procurement policy.
Based on the needs of the Agency, entities who respond to these competitive processes are awarded work and, where appropriate, applicants to the Agency reimburse the Agency for costs related to the review of applications and/or project specific work.
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See detail on the next page for Habitat for Humanity and 435 North Salina Street. 14
See detail on the next page for Habitat for Humanity and 435 North Salina Street. 14
Property with an estimated fair market value in excess of fifteen thousand dollars that OCIDA acquired or disposed of:
Real Property Acquired Property Parcel # Purchase Amount 5064 State Route 31 064.-01-06.1 $2,140,557.16 5154 State Route 31 064.-01-09.1 5170 State Route 31 064.-01-09.2 5367 State Route 31 051.-01-13.3 $688,002.87 8765 Brewerton Rd 092.-01-01.1 $1,691,469.68 Brewerton Rd 092.-01-01.2 Brewerton Rd 092.-01-01.3 Real Property Disposed 1. OCIDA sold 435 North Salina Street (Tax Map No. 017.-02-08.0) to SEED Syracuse, Inc. on June 22, 2023 for a purchase price of $190,000.
2. OCIDA and Syracuse Habitat for Humanity teamed up to benefit the Syracuse for Humanity ReStore. OCIDA gave Syracuse Habitat for Humanity access to Burnet Road properties to partially deconstruct homes for materials for resale at the ReStore. The property, parcel # and the resolution dates are listed below and can also be viewed on OCIDA’s website under the resolutions.
Property with an estimated fair market value in excess of fifteen thousand dollars that OCIDA acquired or disposed of:
Real Property Acquired Property Parcel # Purchase Amount 5064 State Route 31 064.-01-06.1 $2,140,557.16 5154 State Route 31 064.-01-09.1 5170 State Route 31 064.-01-09.2 5367 State Route 31 051.-01-13.3 $688,002.87 8765 Brewerton Rd 092.-01-01.1 $1,691,469.68 Brewerton Rd 092.-01-01.2 Brewerton Rd 092.-01-01.3 Real Property Disposed 1. OCIDA sold 435 North Salina Street (Tax Map No. 017.-02-08.0) to SEED Syracuse, Inc. on June 22, 2023 for a purchase price of $190,000.
2. OCIDA and Syracuse Habitat for Humanity teamed up to benefit the Syracuse for Humanity ReStore. OCIDA gave Syracuse Habitat for Humanity access to Burnet Road properties to partially deconstruct homes for materials for resale at the ReStore. The property, parcel # and the resolution dates are listed below and can also be viewed on OCIDA’s website under the resolutions. Property Parcel # Resolution Date 8424 Burnet Road May 11, 2024
8450 Burnet Road May 11, 2024
8508 Burnet Road May 11, 2024
8526 Burnet Road May 11, 2024
15 Property Parcel # Resolution Date 8424 Burnet Road May 11, 2024
8450 Burnet Road May 11, 2024
8508 Burnet Road May 11, 2024
8526 Burnet Road May 11, 2024
15
16 Material Pending Litigation Charles Stager v. OCIDA – Opened 01/04/2023 Julie Parks v. OCIDA – Opened 6/07/2023 17 Appendices 18
16 Material Pending Litigation Charles Stager v. OCIDA – Opened 01/04/2023 Julie Parks v. OCIDA – Opened 6/07/2023 17 Appendices 18
Patrick Hogan Before joining the OCIDA Board, Patrick Hogan served the City of Syracuse as an employee of The City’s Parks and Recreation Department for 34 years (culminating in a seven year stint as Deputy Commissioner). Additionally, he worked for 3 years as a member of the School Based Intervention Team with the City School District primarily working with children who have behavioral and academic problems. Starting in 2005 he was elected and reelected to 4 terms as second district City Councilor for the City of Syracuse. In his last term he was selected as Majority Whip by his colleagues on the Council. He has been a member of the following boards: Syracuse Jazzfest, the Central New York Blues festival, Syracuse Irish festival, Partners in Education, Clinton Square renovation committee, Westside Community School Strategy. Hogan coached basketball at St. Patrick’s School and baseball at the Southside American little League. He remains a vital spokesman for his community and an active member of the Tipperary Hill neighborhood in Syracuse
Patrick Hogan Before joining the OCIDA Board, Patrick Hogan served the City of Syracuse as an employee of The City’s Parks and Recreation Department for 34 years (culminating in a seven year stint as Deputy Commissioner). Additionally, he worked for 3 years as a member of the School Based Intervention Team with the City School District primarily working with children who have behavioral and academic problems. Starting in 2005 he was elected and reelected to 4 terms as second district City Councilor for the City of Syracuse. In his last term he was selected as Majority Whip by his colleagues on the Council. He has been a member of the following boards: Syracuse Jazzfest, the Central New York Blues festival, Syracuse Irish festival, Partners in Education, Clinton Square renovation committee, Westside Community School Strategy. Hogan coached basketball at St. Patrick’s School and baseball at the Southside American little League. He remains a vital spokesman for his community and an active member of the Tipperary Hill neighborhood in Syracuse Janice Herzog Janice Herzog is the former director of external relations for the Burton Blatt Institute at Syracuse University. Herzog served as a liaison to the BBI Board of Advisors. She worked closely with the board to facilitate effective and timely communications, manage board operations and engagement, and follow up on board initiatives. Before joining BBI, Herzog worked for more than 20 years at Syracuse University College of Law. During that time, she was a member of the dean's senior staff and served as assistant dean for administration and external relations as well as director of external relations. In addition to working closely with the College of Law's board and executive committee, she has extensive experience in law school administrative operations and human resources management operations. She also worked in collaboration with the Office of Advancement in the areas of prospect management and engagement, donor and alumni relations, and fundraising. She has been a panel facilitator as well as speaker for the American Bar Association and the Council for Advancement and Support of Education (CASE) on topics related to board management and transformation and the board member's role in fundraising.
Janice Herzog Janice Herzog is the former director of external relations for the Burton Blatt Institute at Syracuse University. Herzog served as a liaison to the BBI Board of Advisors. She worked closely with the board to facilitate effective and timely communications, manage board operations and engagement, and follow up on board initiatives. Before joining BBI, Herzog worked for more than 20 years at Syracuse University College of Law. During that time, she was a member of the dean's senior staff and served as assistant dean for administration and external relations as well as director of external relations. In addition to working closely with the College of Law's board and executive committee, she has extensive experience in law school administrative operations and human resources management operations. She also worked in collaboration with the Office of Advancement in the areas of prospect management and engagement, donor and alumni relations, and fundraising. She has been a panel facilitator as well as speaker for the American Bar Association and the Council for Advancement and Support of Education (CASE) on topics related to board management and transformation and the board member's role in fundraising.
Kevin Ryan Kevin Ryan is an attorney in private practice. His practice focuses on all aspects of construction law, representing owners, contractors, and sub-contractors in dispute resolution through arbitration, mediation, or litigation, as well as in both jury and non-jury trials. In addition, he handles commercial disputes and insurance coverage matters, and has successfully represented clients in Article 78 proceedings both on behalf of and against municipalities relating to development projects and the award of public contracts. He is admitted to practice in the State of New York, the U.S. District Court for the Northern District of New York, the U.S. District Court for the Southern District of New York, the U.S. Court of Appeals for the Third Circuit and the U.S. Court of Federal Claims. As an active member of his community, Kevin is a former member of the Board of Directors of the Syracuse St. Patrick’s Parade, and is a member of the Ancient Order of Hibernians and the Strathmore Men’s Athletic Club. Kevin is a graduate of the State University of New York at Brockport and the Syracuse University College of Law.
Kevin Ryan Kevin Ryan is an attorney in private practice. His practice focuses on all aspects of construction law, representing owners, contractors, and sub-contractors in dispute resolution through arbitration, mediation, or litigation, as well as in both jury and non-jury trials. In addition, he handles commercial disputes and insurance coverage matters, and has successfully represented clients in Article 78 proceedings both on behalf of and against municipalities relating to development projects and the award of public contracts. He is admitted to practice in the State of New York, the U.S. District Court for the Northern District of New York, the U.S. District Court for the Southern District of New York, the U.S. Court of Appeals for the Third Circuit and the U.S. Court of Federal Claims. As an active member of his community, Kevin is a former member of the Board of Directors of the Syracuse St. Patrick’s Parade, and is a member of the Ancient Order of Hibernians and the Strathmore Men’s Athletic Club. Kevin is a graduate of the State University of New York at Brockport and the Syracuse University College of Law.
Sue Stanczyk Sue Stanczyk is the Chief of Staff for the Office of the Onondaga County Executive, a position she has held since 2018. Prior to her transition to the executive branch of County Government, she previously served as Director of Budget for the Onondaga County Legislature. With over 25 years of experience in county 19 government, she brings an extensive background in public policy, government operations and budgeting. In addition to the OCIDA Board, Sue is very active on the boards of the NYS Rhythm & Blues Fest, CNY Arts, Visit Syracuse, Syracuse University Hardwood Foundation as well as serving as the County Executive's liaison to several community boards and foundations.
Sue Stanczyk Sue Stanczyk is the Chief of Staff for the Office of the Onondaga County Executive, a position she has held since 2018. Prior to her transition to the executive branch of County Government, she previously served as Director of Budget for the Onondaga County Legislature. With over 25 years of experience in county 19 government, she brings an extensive background in public policy, government operations and budgeting. In addition to the OCIDA Board, Sue is very active on the boards of the NYS Rhythm & Blues Fest, CNY Arts, Visit Syracuse, Syracuse University Hardwood Foundation as well as serving as the County Executive's liaison to several community boards and foundations.
Fanny Villarreal Fanny Villarreal was born and raised in Lima, Peru. She is the current CEO for the YWCA a not for profit organization dedicated to eliminating racism and promote diversity. Fanny’s passion and love for her community led her to run for public office, to serve as Executive Director of La Liga/Spanish Action League, and to serve as a Family and Community Development Director for P.E.A.C.E. Inc. Furthermore, she has been an active member on numerous boards including, The Syracuse Neighborhood Initiative (SNI), Onondaga Citizens League (OCL), Tomorrow’s Neighborhoods Today (TNT), American Heart Association, and Home HeadQuarters Inc. to name a few. In addition, she was appointed as the first Latina board member at Excellus Blue Cross and Blue Shields Company as well as a Commissioner at the Human Rights Commission. Throughout her time in Syracuse, Fanny has received numerous awards including The Lifetime Achievement of Successful Business Women; The NY State Red Cross Good Neighbor Award; “40 Under 40”; Latina Leadership Award (representing NY State) from the National Foundation of Women Legislators in Washington DC; NY State Woman of Distinction; Syracuse University Commitment to Education along with other recognitions. In 1993, Fanny created Nosotros Radio Inc., “Your Latino Voice.” Nosotros is an educational, bilingual program that provides information, positive messages, hope and values along with Latin music. Fanny also co-founded the Latino Festival; the Hispanic Coalition NY, Inc. and the Latino Scholarship in CNY Community Foundation. Fanny is a graduate from St. Martin of Porres University College of Law. She is working on her second Master’s Degree at the Maxwell School, Syracuse University. Fanny lives in Syracuse and has two sons, Brian and Carlos. Her personal goal is to assist all individuals to ignite self-discovery.
Fanny Villarreal Fanny Villarreal was born and raised in Lima, Peru. She is the current CEO for the YWCA a not for profit organization dedicated to eliminating racism and promote diversity. Fanny’s passion and love for her community led her to run for public office, to serve as Executive Director of La Liga/Spanish Action League, and to serve as a Family and Community Development Director for P.E.A.C.E. Inc. Furthermore, she has been an active member on numerous boards including, The Syracuse Neighborhood Initiative (SNI), Onondaga Citizens League (OCL), Tomorrow’s Neighborhoods Today (TNT), American Heart Association, and Home HeadQuarters Inc. to name a few. In addition, she was appointed as the first Latina board member at Excellus Blue Cross and Blue Shields Company as well as a Commissioner at the Human Rights Commission. Throughout her time in Syracuse, Fanny has received numerous awards including The Lifetime Achievement of Successful Business Women; The NY State Red Cross Good Neighbor Award; “40 Under 40”; Latina Leadership Award (representing NY State) from the National Foundation of Women Legislators in Washington DC; NY State Woman of Distinction; Syracuse University Commitment to Education along with other recognitions. In 1993, Fanny created Nosotros Radio Inc., “Your Latino Voice.” Nosotros is an educational, bilingual program that provides information, positive messages, hope and values along with Latin music. Fanny also co-founded the Latino Festival; the Hispanic Coalition NY, Inc. and the Latino Scholarship in CNY Community Foundation. Fanny is a graduate from St. Martin of Porres University College of Law. She is working on her second Master’s Degree at the Maxwell School, Syracuse University. Fanny lives in Syracuse and has two sons, Brian and Carlos. Her personal goal is to assist all individuals to ignite self-discovery.
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