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Public Records › OCIDA › ocida-meeting

7-9-26 OCIDA Regular Meeting Board Packet

Document date 2025-12-15 Collected 2026-08-07 Extracted text 17,597 words Format PDF
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Same source Regular · 2025-12-15
Same source Regular — OCIDA Recording · 2025-12-15
Same source 7-9-26 OCIDA Regular Meeting Agenda · 2025-12-15
Same source 7-9-26-OCIDA-Regular-Meeting-Agenda · 2025-12-15
Same source Regular — OCIDA Mtg Notice 7-9-26 · 2025-12-15

Machine-extracted (OCR) from the official document — formatting is approximate; the official copy governs.

335 MONTGOMERY STREET, FLOOR 2M, SYRACUSE, NY 13202
335 MONTGOMERY STREET, FLOOR 2M, SYRACUSE, NY 13202
                315.435.3770 • ECONOMICDEVELOPMENT@ONGOV.NET • ONGOVED.COM
                                    Regular Meeting Agenda
                                          July 9, 2026
Call to Order the Regular Meeting of the Agency
       A. Approval of Regular Meeting Minutes: June 4, 2026
       B. Treasurer’s Report
       C. Payment of Bills
       D. Conflict of Interest
Action Items:
   1. D&D Motor Systems, Inc. (Project #3101-26-03A) Second Meeting
      The applicant is proposing to acquire an interest in real property containing an approximately
      32,344 sq. ft. building in the Village of East Syracuse and to renovate the building to
      facilitate an expansion of the applicant’s motor manufacturing business.
       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 sales and use
             taxes, real property taxes, real estate transfer taxes, and mortgage recording taxes.
       Representative: Mike Dieroff, D&D Motor Systems, Inc., Founder/Owner/President
   2. Committee Appointments
       Agency Action Requested:
Governance Committee
          a. A resolution of the Agency Chairman appointing Alan Marzullo to the Governance
             Committee.
          b. A resolution of the Agency Chairman appointing Deka Eysaman to the Governance
             Committee.
       Audit Committee
          a. A resolution of the Agency Chairman appointing Alan Marzullo as Chair of the Audit
              Committee.
          b. A resolution of the Agency Chairman appointing Michael Greene to the Audit
                                            Page 1 of 60
            Committee.
     Finance Committee
        a. A resolution of the Agency Chairman appointing Mark Muthumbi as Chair of the
           Finance Committee.
        b. A resolution of the Agency Chairman appointing Christina Hollenback to the Finance
           Committee.
        c. A resolution of the Agency Chairman appointing Sally Santangelo to the Finance
           Committee.
  3. Officer Appointments
Adjourn
                                        Page 2 of 60
                                   Regular Meeting Minutes
                                         June 4, 2026
A Regular meeting of the Onondaga County Industrial Development Agency was held on Thursday,
June 4, 2026, at 335 Montgomery Street, Floor 2M, Syracuse, New York.
Randy Wolken called the meeting to order at 8:33 AM with the following in attendance:
PRESENT:
Randy Wolken
Alan Marzullo
Mark Muthumbi
Michael Greene
Christina Hollenback
Sally Santangelo
Deka Eysaman
ALSO PRESENT:
Robert M. Petrovich, Executive Director
Nate Stevens, Treasurer
Alexis Rodriguez, Secretary
Robert Schoeneck, Assistant Treasurer
Evan Carter, Assistant Secretary
Jeffrey Davis, Esq., Agency Counsel
Amanda Fitzgerald, Esq., Agency Counsel
Patrick Rock, Jordan Landing LLC
Neil Patel, Clay Hospitality, LLC
Sandeep Gautam, Baywood Hotels
Matt Elderbroom, Baywood Hotels
Matthew Wells, Clay Hospitality, LLC
Thomas Clifford, Clay Hospitality, LLC
Mike Dieroff, D & D Motor Systems, Inc.
Carson Henry, Micron New York Semiconductor Manufacturing LLC
Katie Birchenough, Micron New York Semiconductor Manufacturing LLC
Kenneth Bush III, Town of Elbridge
Approval of Meeting Minutes: May 14, 2026
Upon motion by Alan Marzullo, seconded by Sally Santangelo, the Board approved the Regular
meeting minutes of May 14, 2026. Motion was carried.
                                           Page 3 of 60
Treasurer’s Report:
Nate Stevens gave a brief overview of the Treasurer’s Report for the month of May 2026.
Upon motion by Michael Greene, seconded by Alan Marzullo, the Board approved the Treasurer’s
Report for the month of May 2026. Motion was carried.
Payment of Bills:
Upon motion by Alan Marzullo, seconded by Christina Hollenback, the Board approved the Payment
of Bills. Motion was carried.
Action Items:
   1. Jordan Landing LLC and Jordan Landing Housing Development Fund Corporation
      (Project #3101-25-07A) Second Meeting
      The applicant is proposing to construct 65 mixed-income housing units on approximately 8
      vacant acres of land in the Village of Jordan. The project will also include a community
      room, fitness area, supporting housing services, offices, and laundry facilities.
       Robert Petrovich told the Board that because there are new Board members, the Applicant
       should present the project again with the updates that have been made along the application
       process.
       Patrick Rock introduced the development team: Rock Property Management Company (Rock
       PMC), Rockabill Development, and Eagle Star Housing. P. Rock is also the owner/operator
       of Rock PMC, building and operating affordable housing for almost 35 years in Central New
       York.
The Applicant is proposing to build a 65 affordable housing unit community in the Village of
       Jordan. The development will provide high-quality housing for working families making
       between 30% and 70% of area median income (AMI). Additionally, 30 of those units will be
       reserved for supportive housing for veterans. The project will be constructed on 8 acres,
       adjacent to the Erie Canal as well as another one of Rock PMC’s facilities, Old Erie Place
       Apartments, which is a 96-unit affordable housing community. This was first opened in the
       late ‘80s.
       P. Rock’s family has owned the site where the project will be built since the ‘80s. These are
       the last 8 acres, which have been investigated multiple times for various developments such
                                            Page 4 of 60
as single-family homes and market-rate housing, but have been unable to secure development
for years.
The Applicant’s development process started in the summer of 2024 when the Applicant met
with the Village (of Jordan) Mayor to discuss the need for more affordable housing and
walked away with a way to fulfill that need. Since that meeting, the Applicant’s team has
secured all the required municipal approvals and submitted a competitive application to New
York State’s Homes and Community Renewal. In February of 2026, the Applicant was
rewarded with the necessary tax credits to build the site. Since then, the Applicant has been
working to push towards a closing date of July 2026 regarding their finances and hopes to
have shovels in the ground in August 2026. Throughout the process, the Applicant has met
with representatives of the Town (of Elbridge), School (Jordan Elbridge Central School
District), and Village (of Jordan) to discuss the proposed PILOT. The Applicant explained
that in trying to listen to their concerns regarding the PILOT, they decreased the term of the
PILOT from the original proposed 15 years to 13 years instead. The Applicant stated that the
PILOT is essential to the project. Unlike market-rate housing, the Applicant will not be able
to raise rent to meet operating costs due to the rent restrictions associated with their tax credit
financed housing. The PILOT as part of the cost structure allows the units to be developed
and without the PILOT, the cash flows for the property are negative. The Applicant stated
that but for this PILOT, the development does not work.
Christina Hollenback asked for the Applicant to walk the new Board members through the
engagement timeline.
The Applicant explained that they met with the Village about two years ago to discuss the
need for this type of housing. The proposal was brought before the planning commission in
early 2025 to seek municipal approvals, which were then received. The Applicant then
submitted an Application to the Agency, notifying all municipalities. The PILOT was met
with resistance, which prompted the Applicant to meet with Ken (Bush III), Jim (Froio), the
school district superintendent, as well as the mayor (of Jordan) to hear their concerns
regarding the PILOT and other concerns they may have. The Applicant invited them to
another one of Eagle Star’s supportive housing properties to offer a model of the type of
facility the Applicant is trying to build. The Applicant had a lot of positive engagement with
them regarding that visit. The Applicant and its development team have been in the
community for 40 years, talking with residents and community members, acknowledging
their need for housing like the proposed project, and receiving appreciation for how they
maintain their properties.
R. Petrovich added that the Agency has its UTEP (Uniform Tax Exemption Policy), which
has its PILOT schedules and abatement percentages. He wanted to add comments that the
Agency has deviated from the typical schedule, starting year 1 of the PILOT at 100%
exemption and dropping to 60% in year 2. This was done to be on the knife’s edge of where
                                       Page 5 of 60
the project works and does not work. He also added that the project is a $32 million capital
investment, and the PILOT holds an abatement of about $744,000. He pointed out that this is
a substantial project in terms of investment to abatement ratio.
Amanda Fitzgerald noted that because this is a deviation from the Agency’s UTEP, members
from the taxing jurisdictions are able to speak regarding the project.
Ken Bush III, the Town of Elbridge Supervisor wanted to speak, to which he first pointed out
that he believes there have been a lot of issues with the process. He explained that he was not
aware of the Agency’s meeting and had only 24 hours of notice, which is why the mayor and
superintendent are not in attendance. He went on to say that two years ago the Applicant
came to discuss a project, he was excited because what community would not be excited to
hear about a proposed $32 million investment into their community. He said that since then,
the underlying factors have come out. He noted a $32 million investment, assessed at $3.6
million, resulting in an 89% reduction immediately. K. Bush III refers to an email from the
mayor that depicts the negative impact the incentive package will have on the taxing
jurisdictions.
Moving to the topic of education, he told the Board that he was asking himself what his
father would think about the impact the PILOT would have on the education system, noting
that he would’ve thought it would be devastating. He said that the school district has been
able to do more with less, explaining that at some point the school district cannot keep
providing the services to the residents when looking at the taxing structure. He pointed out
that the Village of Jordan has limited special districts, having their own police force and fire
department in addition to not being a fire district or having a town-wide police force. K.
Bush III noted that 40% of all police calls within the last year in the Village of Jordan came
from P. Rock’s Old Erie Place Apartments that were referenced earlier. Using tax numbers,
K. Bush III noted that the property’s less than $20,000 in tax revenue equates to 16%,
explaining that the police force cannot be sustained with giving these tax breaks. He states
that there is a ripple effect that will happen regarding the police force. He encouraged the
Board to take the time to look at the article that he was referring to regarding their acceptance
of affordable housing, showing that outside of the City of Syracuse, the Town of Elbridge has
some of the most affordable housing projects/units in the County.
K. Bush III stated that the first time the mayor heard that there was going to be a PILOT was
from reading the article that he was quoted in. Therefore, none of his feelings are reflected in
the article if he’d known all the information of the proposed project from the start. 30% to
70% (AMI) is as low as you can go and will only exacerbate the issues in the taxing
jurisdictions. He went on to explain the demographics of the Town of Elbridge, noting that
the population of 65 years and older makes up 22% of the population, higher than the County
as a whole, and in turn, the population from 18 to 64 is 58% and less than the County. He
explains that the Town of Elbridge has aging people who are trying to stay in their own
                                      Page 6 of 60
homes but goes on to say that the burden of the PILOT and tax will be pushed onto the
residents. He encouraged the Board to take a look at the census data.
K. Bush III said that it wasn’t until January that they were notified of a public hearing for the
PILOT, receiving notice days before the public hearing, on a random Friday at 2:00 PM. He
informed the Board that the room was full and not one person spoke in favor of the PILOT,
as well as the developer not being in attendance. The process has been very behind closed
doors, not working with the community and developing something. The new proposed 13-
year PILOT is still opposed by the community and its stakeholders.
K. Bush III also highlighted the 15 out of the 30 units for veterans saying that’s all that’s
designated for them. He went on to point out that the Town of Elbridge has a veteran
population of 7.5%, which is higher than the County. He agreed that people should have a
place to live, especially the vulnerable population. He then went on to talk about
manufactured homes, mobile home parks, noting that these make up 1% of the stock County-
wide, but it’s 17% in the Town of Elbridge, noting that the Town is very welcoming to
affordable housing. He spoke directly to the Applicant saying, pay your fair share, pay for
the equitable share, be reasonable, work with the community, and make sure you’re not
putting the burden on the people that are just trying to keep their own home and have
something of their own. He acknowledged that people want and need to rent, and that they
need affordable housing, but also that municipalities need to be reasonable and on board
about it.
K. Bush III shared with the Board that he was just put into office in January like some of
them, bringing fresh eyes, new energy, transparency, and communication. He built off that
statement by saying that the project has not been transparent and that communication has
been lacking. He explained that the lack of communication has not been regarding the style
of building, but how it has come about and what the Applicant is asking them to give up and
put on the other residents in the municipality. He criticized the 8:30 AM start time for the
Agency’s meeting, noting that no superintendent will ever be at the meeting due to
educational schedules. He explained that he felt disenfranchised when he received the mail
at about 10:30 AM to see that the Agency’s meeting was happening but did state that the
letter was postmarked on the 27th (of May). He stated that it is unfair to take action when not
everyone was given ample time to prepare.
R. Petrovich wanted to respond to some points that K. Bush III made. He also asked Alexis
Rodriguez to speak to the notice process. He stated that that the Agency’s meetings are fully
forward-facing, having the schedule out a year in advance. The meetings are every month of
the year. He stated that without the proposed project, the Village of Jordan and Town of
Elbridge will be receiving substantially less tax revenue. He pointed out that the Village
would get $205 per year resulting in $2,665 over 13 years, whereas with the project, it gets
more than $143,000 over the same 13-year period. He also pointed out that the Town gets
                                       Page 7 of 60
$114 per year, and over the 13-year period it will get over $80,000. He wanted the Board to
know that the assessed value of the project came from the Town of Elbridge Assessor.
A. Rodriguez spoke to the notice and process. She confirmed what R. Petrovich had said
regarding the timeline of posting the schedule of the meetings of the Agency. She added that
the Agency staff posts notices of the meeting at the Onondaga County Courthouse as well as
the Agency’s website. The agendas for the meetings are posted on the Monday prior to the
meeting, which she confirmed was the case for the current meeting.
A. Fitzgerald also explained that the statutorily required 10-day notice was provided to the
taxing jurisdictions and published for the public hearing back in January. An original
deviation letter was mailed to the jurisdictions as required, and when the PILOT was
amended, an additional deviation letter was mailed, allowing the taxing jurisdictions to
speak.
Jeffrey Davis added that this project was one where the local municipality had completed
SEQR, but had not done it not in accordance to the statute for SEQR. It was listed as an
Unlisted action and given a negative declaration, but the Unlisted action category was
incorrect. He explained that this action is actually a Type I action under SEQR, meaning it
required a full coordinated review. So, the first action the Agency took was to declare its
intent to be lead agency in order to perform SEQR correctly. There was no objection within
that 30-day period, so the Agency sent out letters to involved agencies, including the
municipalities and New York State Department of Environmental Conservation (NYS DEC).
The Agency received comment letters back, including a lengthy letter from NYS DEC. J.
Davis pointed out that from January until present, Agency staff has been working on SEQR
items. The NYS DEC letter required that the Applicant complete an environmental justice
study, which the Applicant provided. Following that, Agency staff then went through what
was provided as well as what was originally completed in SEQR at the local level, which
brings to the Board a full Type I action under SEQR, including a coordinated review. He
explains that if the Board would like to move forward with the project, the first action would
be relating to SEQR, and his recommendation would be a Negative Declaration, consistent
with what the local level did. This means there are no negative adverse environmental
impacts requiring an environmental impact statement. This is consistent with the local level,
just classified under a different category.
Christina Hollenback questioned the difference between a Type I action and an Unlisted
action.
J. Davis responded that a Type I action is specifically enumerated in the statute such as if the
project would exceed certain thresholds, location, and size. Anything that is not considered a
Type I action under statute is then considered an Unlisted action. For the proposed project,
it’s considered a Type I action due to the size of the development. J. Davis confirmed that
                                      Page 8 of 60
with the Applicant and its architect. Type I actions mean that there is a greater likelihood of
adverse environmental impacts. He noted that due to some of the changes being made at the
State level, this project could possibly be exempt from SEQR in the future. He explained that
instead of agreeing with the SEQR process that was done at the local level, the Agency
completed the SEQR process.
Sally Santangelo had questions regarding the process. She questioned if the frustrations
regarding the noticing process are normal, or if there are ways to improve that process.
A. Fitzgerald spoke to the legal requirements, such as the 10-day notice relating to the public
hearing, and that there is no statutorily required noticing time period for the deviation letter.
R. Petrovich added that this process is a lot of back and forth, explaining that the Agency gets
involved only after an application is submitted, and the Agency doesn’t have any say in the
process before that. He noted that for this project, there has been a lot of back and forth since
January with not only the Applicant, but the localities as well. He believes that in terms of
the Agency’s process, they have always tried to be forward-facing. In the history of the
Agency, the meetings have always been at 8:30 AM.
J. Davis noted that the meetings used to be at 8:00 AM.
Sally Santangelo added that knowing when the meetings take place and knowing what items
are on the agenda are two different things, but she can appreciate that having sufficient notice
to those two things. She questioned if there was a way to bring the elected and school
officials in on the process earlier to discuss the impacts on them.
R. Petrovich responded that the Agency staff is a small team, and there is a lot of running
around the tree at the end to ensure that the agenda is finalized. He said that the team does a
great job in trying to make sure that everything is complete before it goes to the Board or
public so there isn’t a project that needs to get pulled at the last second. He noted that in
some instances, the Agency staff has to tell Applicants that they will need to be pushed to the
following month’s meeting because the Applicant isn’t ready.
J. Davis added that Agency staff and legal counsel do not make the determinations of
financial assistance, only the Board can make the determinations. All the information
necessary is within the board packet for consideration, and as a Board member, they can elect
not to move forward or move forward with the actions that are before them.
Mark Muthumbi had a question as to if some of the abatements could be recovered to not feel
the pressure of PILOTs. He explained that it seems that everyone is in favor of the project,
according to the public hearing, but ultimately asked if there are other channels where some
of the entities such as the fire department or police department could seek relief.
                                       Page 9 of 60
J. Davis responded that he does not believe so, absent legislative change. A PILOT for the
Agency applies to town, county, village, and school district tax revenue, not any special
district tax revenue. He added that K. Bush III noted that they do not have special districts,
but if they did, the Agency’s PILOT would not abate that tax revenue. Giving another
example, if a municipality has a fire district or another special district, the municipality will
collect 100% of the special district tax revenue if a project is under a PILOT.
R. Petrovich added that the current assessed value of the vacant land is $37,950, and the
Agency worked with the Town Assessor to determine the full assessment.
A. Rodriguez added that because this is a fully affordable project, the Town Assessor has a
limit as to what they can assess the property at. That is where the $3.6 million came from.
R. Petrovich added that the overall value increased by 10 times.
Alan Marzullo asked for clarification as to if the PILOT is driven by the “estimated of
increase in value” line.
A. Rodriguez confirmed that the land is always included in the PILOT payment schedule, but
the abatement is only attached to the improvements being made.
R. Petrovich helped by explaining that nobody today makes less than they did yesterday. He
added that the conversation surrounding school districts is a much larger conversation to be
had. The Agency has worked closely with the Town of Elbridge to come up with an assessed
value for the project. He also added that the issue of the tax cap is something that needs to be
resolved in Albany and cannot be resolved locally.
J. Davis added that every IDA across New York has questioned the same thing.
Sally Santangelo asked if there was any other way that IDAs are structuring their PILOTs to
address the school districts’ tax cap issues.
J. Davis’s response was that a PILOT needs to send out payments that are consistent with the
tax percentages for the area.
Randy Wolken added that he believes that, unless done at the New York State level, there
would be significant disadvantages to the communities if the Agency started allocating
differently.
Alan Marzullo shared with the Board that when looking at table 1 on the estimated table
worksheet, there has always been a misconception that the municipalities aren’t getting any
                                       Page 10 of 60
tax at all. In just year 1, the Applicant will pay $116, whereas they would’ve only gotten
$114.
R. Petrovich added that in year 2 it jumps considerably.
Alan Marzullo added that the municipalities are getting more rather than less all the way
from year 1 to year 13.
P. Rock added that in regard to the school district, he’s met with the school district multiple
times, hearing the concerns about funding and potential new students, concerns he shares.
He explained that there is a regulatory number of people who can live in the proposed 65
units. The development team worked with the school district to help provide the potential
maximum number of new students that could come from the proposed project. He added that
they will inform the school district of incoming students as soon as they know of them due to
the school district’s timing issue.
R. Petrovich gave additional information about New York State’s population declining and in
turn the number of students declining. He believes that of all problems to be had, figuring
out how to get more students in the education system is not a bad problem to have.
Michael Greene added that he’s supportive of the project because he believes the need will be
there whether the project gets built or not. He is also sympathetic to K. Bush III’s argument
about notice, acknowledging that the Agency met the statutory requirements. He gave
suggestion that even if the Agency isn’t sure of what will be on the agenda for future
meetings, it can be in communication with stakeholders as to what could potentially be on the
next agenda.
Randy Wolken also supports the project and believes that it’s important to take in all of the
comments being made and work to improve the process.
K. Bush III responded to the point made earlier that the Town Assessor came up with the
assessment by saying that when it comes to affordable housing, New York State sets the
requirements. He added that the $3.6 million assessment was determined based on the
income and expenses that were provided by the Applicant.
R. Petrovich asked for more clarification regarding K. Bush III’s comment, which he thought
that K. Bush III was suggesting that someone from the Agency staff came up with a number
for the assessment of the project that no one agreed with.
K. Bush III’s response to that was that he believes that people do not think that a $32 million
project should be assessed at $3.6 million.
                                     Page 11 of 60
K. Bush III added that the police have never been called to his vacant land that he currently
owns in response to the argument that the Town of Elbridge will receive $116 versus $114 in
year 1 of the PILOT. He explained that vacant land is not a tax burden to the municipalities
as adding 150-200 people to a property all at once will be without the necessary tax revenue
to support them. He stated that a PILOT removes the structure necessary to support the new
residents.
Randy Wolken pointed out the two options: vacant land or a project on said land. He
acknowledged that PILOTs are not well understood but noted that they are about growth and
investment in the communities.
K. Bush III pointed out that the proposed project is not an industrial project.
Randy Wolken responded to this by explaining that these kinds of projects are necessary.
J. Davis gave legal context saying that IDAs are allowed to do housing projects, referring to a
recent case in New York State that confirms this, despite the word “industrial” being in the
names. According to that case, housing supports the mission of IDAs. Without housing,
there is nowhere for the workforce to live. This case came out two months ago. He added
that IDAs have been doing housing since the 80’s, and the most recent challenge went up to
the highest court in New York State to confirm that IDAs can do housing projects.
Christina Hollenback asked the Applicant if they expect that members of the existing
community will be accessing the proposed units.
The Applicant responded that their housing study confirms this.
Christina Hollenback went on to ask K. Bush III if the people who are already in the
community will then benefit from the fire and police services.
K. Bush III answered that a lot of the community is made up of single-family homes with
residents that want to stay in their homes. The residents rely on stability in taxing structure.
He added that the facilities with the greatest waitlist are the age-restricted senior facilities,
which is something he believes the Town needs. He explained that outside of the City of
Syracuse and the Town of Salina, the Town of Elbridge has the lowest median income, which
means that the tax base is not there. He explained that there are people that are working to
build the tax base. He moved on to say that there is zero public transportation and no
manufacturing jobs in the Town of Elbridge, saying that the Applicant is putting this project
in the Town of Elbridge, but the residents won’t have any work in the area and won’t have a
way to get to work.
                                      Page 12 of 60
    Randy Wolken read the Agency action requested, “A resolution of the Board to authorize
    adoption of SEQRA determination.” Motion was made by Alan Marzullo, seconded by
    Christina Hollenback. Motion was carried.
Randy Wolken read the Agency action requested, “A resolution of the Board authorizing the
    financial assistance the Agency will provide. Agency benefits requested include exemptions
    from certain real property taxes and real estate transfer taxes.” Motion was made by Alan
    Marzullo, seconded by Sally Santangelo. Motion was carried.
2. Clay Hospitality, LLC (Project #3101-25-08A) First Meeting
   The applicant is proposing to construct an approximately 64,000 sq. ft. extended stay hotel
   consisting of approximately 103 extended-stay suites with kitchenettes, and approximately
   1,100 square feet of meeting space on an approximately 2.5-acre site in the Town of Clay.
   The project will also include an indoor pool, fitness center, outdoor patio with fire pits, grills,
   heaters, and seating, laundry facilities, market pantry, breakfast dining area and multi-
   functional lobby/lounge, and parking to accommodate trailers, boats, construction vehicles,
   etc. The hotel will be operated under the Home2 Suites by Hilton brand.
Matthew Wells presented the project to the Board on behalf of the Applicant, who is an
    affiliate of Baywood Hotels, a hotel development and management company who has more
    than 35 years of development and operational experience. The company owns and operates
    more than 50 hotels across the United States. Baywood Hotels currently operates two hotels
    in Onondaga County, the Hampton Inn in Clay and the Hampton Inn & Suites in Carrier
    Circle, employing over 50 associates.
The Applicant will own and operate the proposed Home2 Suites by Hilton on an
    approximately 2.5-acre parcel of vacant land off of Rt. 31, adjacent to the shopping plaza in
    the Town of Clay. The Applicant acquired the property in April 2026. The proposed project
    is designed for families, extended stay contractors, business travelers, and other guests
    seeking contemporary lodging experience. The currently vacant site will be turned into a
    four-story, 64,000 sq. ft. hotel with a range of amenities including 103 extended stay units
    with kitchens, an indoor pool, a fitness center, an outdoor patio, firepits, barbeques, heaters,
    seating, guest laundry, 1,100 sq. ft. of meeting space, a market pantry, a breakfast dining
    area, a multifunctional lobby/lounge, and parking to accommodate trailers, boats, and
    construction vehicles. Construction on the project is scheduled to begin in spring/summer of
    2026, contingent upon Agency benefits and securing lending financing. Once construction
    begins, the project will take approximately 14 months to complete, with an anticipated
    opening date of November 2027.
    The project has been through the Town of Clay Planning Board site plan approval process
    and received a negative SEQR declaration from the Planning Board. The Town of Clay has
    also completed its subdivision approval. According to the Applicant, the project aligns with
                                          Page 13 of 60
goals to expand hotel room inventory to meet current and future demands and there’s an
existing demand for this type of room in the Town of Clay with Micron’s construction
commencing. According to the market study submitted with the application, there is a
demand for hotel rooms like the ones that this Home2 Suites would bring online.
Currently, the returns are less than expected and would not be feasible without the Agency’s
financial assistance. Reasons for the low returns include rising construction costs since the
pandemic, current demand for construction in the region, as well as the 2025 NYS Energy
Conservation Construction Code that took effect which furthers New York State’s green
initiatives.
Additionally, the uncertainty of international affairs, trade, and war have made it difficult for
developers to understand what the cost to develop will be in the present and future. There is
also a challenging lending environment that requires higher equity percentages, higher
interest rates, and insurance requirements.
Also noted, there have been changes in Syracuse’s local lodging industry, such as Syracuse
University turning what was once a hotel into dormitory housing, which took about 600
rooms offline. Visit Syracuse acknowledged the negative impact on the market and stated
that it is not sustainable given the investment taking place with the Micron project, forecasted
growth for youth sporting facilities, and the aging facilities that are the current supply in the
market. According to Visit Syracuse, there is a need for an additional 1,000 hotel rooms in
the Downtown Syracuse area, and in the Clay and Liverpool area 500 to 750 additional
rooms are needed.
The total project cost is approximately $19.2 million, and the Applicant is seeking $12.9
million to be bank-financed and $6.3 million in the form of equity. The project is estimated
to create 15 FTE positions, including 11 positions in Year 1. The project will also create
over 50 construction jobs.
According to the Applicant, the project will be able to provide goods and services that would
not otherwise be reasonably available to the surrounding community, and the Agency
benefits will close the feasibility gap in the project and allow it to move forward.
In summary, the Applicant believes that this project will generate new visitor spending at
different businesses in the surrounding area, increase occupancy and local sales tax revenue
for Onondaga County and other municipalities, generate increased PILOT and other tax
revenue after its development, create permanent and short-term construction jobs, provide
extended stay accommodations for travelers, help local employers recruit talent by expanding
quality lodging options, increase business retention and expansion efforts, provide
accommodations to travelers for local events, bring a nationally recognized extended stay
                                      Page 14 of 60
   hotel brand with a broad customer base to the area, and promote energy efficient systems and
   an environmentally conscious design.
   Neil Patel explained that the brand of Baywood Hotels is one of the fastest growing brands in
   the country and has 700 locations across the US and 800 in the pipeline. He also explained
   that this design is sustainable seeing that most of the supply in Syracuse is aging and doesn’t
   have the amenities that some travelers need. He said that they are excited to bring this
   project to the area.
   Randy Wolken read the Agency action requested, “A resolution of the Board authorizing a
   public hearing.” Motion was made by Mark Muthumbi, seconded by Christina Hollenback.
   Motion was carried.
3. D & D Motor Systems, Inc. (Project #3101-26-03A) First Meeting
   The applicant is proposing to acquire an interest in real property containing a 32,344 sq. ft.
   building in the Village of East Syracuse and move and expand their motor manufacturing
   business.
   Mike Dieroff presented the following about the project:
   The business is located at 215 Park Avenue just outside of Downtown Syracuse. The
   business designs and manufactures high performance, specialty electric motors, primarily for
   golf carts, electric vehicles, utility vehicles, material handling, agriculture, mining, go-karts,
   and other specialty electric vehicle markets. Their public lines include controllers, solenoids,
   and wire kits. The Applicant is not a warehouse or distributor, but a manufacturer who
   supports their customers from across the country in their space in Onondaga County.
   As part of the proposed project, the Applicant is committing to contribute eight jobs over the
   next five years, ranging from technical, sales, engineering, manufacturing, shipping and
   purchasing, and administrative jobs. The Applicant is planning to spend $2 million on a
   larger manufacturing footprint, property improvements, equipment, tooling, and the
   expansion of existing motor lines, further developing AC and permanent magnet motors.
The Applicant’s challenge is that other states are actively recruiting the business to relocate
   such as Alabama, who has significantly less tax burdens. M. Dieroff cited that Alabama has
   them paying $53,000 in property taxes over 10 years compared to the Agency’s $395,000
   over the same period. This property tax affects the amount of equipment the business can
   buy, hire employees, and compete against oversees manufacturing. We want to stay in the
   area.
   M. Dieroff gave a background to the once booming Central New York manufacturing hub
   home to companies like General Motors, Carrier, New Process Gear, producing typewriters,
   electrical devices, automobiles, air conditioners, and industrial products. In 2002, M. Dieroff
                                         Page 15 of 60
and his brother started D & D Motor Systems, Inc. 95% of the Applicant’s components are
from the United States, and a significant percentage of that comes from New York suppliers.
We are not looking for a handout, not a special favor, but a competitive adjustment that
allows the real manufacturing expansion to happen here versus somewhere else.
The proposal is straightforward: we are asking OCIDA to adjust the PILOT so that the
property assessment remains where it is for the next 10 years, allowing us to continue to pay
approximately the same amount of taxes currently being brought into the County, school, and
local tax base.” He claimed that this would result in paying $250,000 over 10 years. Even
though it’s not as competitive as the Alabama offer, the Applicant claimed that it was enough
to close the gap to stay in the area. M. Dieroff explained that from the taxpayer’s standpoint,
he believes that this is a very strong deal. What we are asking for is that the property
assessment remains fixed for 10 years. The County would get 17 existing jobs, an additional
eight jobs over five years, as well as $2 million in capital expenditure, local construction,
property improvements, and opportunities for local suppliers. The Applicant asked the Board
to adjust the tax assessment to maintain the current taxes of $250,000.
J. Davis questioned if the application that was submitted and the PILOT put forth by OCIDA
is different from what he’s asking for right now.
M. Dieroff responded yes.
J. Davis stated that the Applicant submitted an application and OCIDA has put forth a PILOT
that’s consistent with their UTEP and that’s what’s in the Board members’ packets currently.
J. Davis asked the Applicant if he requested that the PILOT that’s in the Board’s packet be
modified and deviated from the Agency’s UTEP.
M. Dieroff responded yes.
R. Petrovich explained that he’s confused because the Applicant and Agency staff have gone
back and forth numerous times and the PILOT schedule has been agreed upon. The Agency
has put forth the application for a public hearing based on the current PILOT schedule and
now the Applicant is pivoting off that unbeknownst to the Agency.
M. Dieroff stated that’s what he’s always communicated from the beginning.
R. Petrovich responded that the Agency had communicated back to him that it wasn’t a
possibility.
J. Davis explained that this is an important procedural issue because a deviation requires the
Agency to take certain steps in mailing deviation letters to the taxing jurisdictions, and that
has not happened.
                                      Page 16 of 60
J. Davis advised that currently the plan is what is presented to the Board. If the Applicant is
asking for a deviation, he does not think that the Agency is in a position to move forward
with the request for a public hearing.
A. Rodriguez stated for the Board’s transparency that she and the Applicant have gone back
and forth for a couple of months regarding the application and PILOT, ultimately coming to
the determination that the proposed PILOT was what was agreed upon by both parties. This
PILOT would never have been presented today at the meeting if Agency staff had thought
any different. It was already discussed internally that there was no deviation that would be
made for this PILOT.
M. Dieroff stated if there’s no deviation, you do what you have to do. My goal is to grow as
many jobs as possible and for us to compete at a high level against foreign companies, I’m
trying to get in the best cost position so I can grow as many jobs. There are certain jobs that I
cannot go after now due to the cost structure of the business. If Robert what you’re saying is
that what the Board has in front of them is the only thing that you can vote on today is this
proposal, then that is what I would like you to do.
R. Petrovich stated that Agency Counsel made an important point for the Board’s
consideration, which is that Agency staff has been going back and forth with the Applicant
for the last few months to structure a proposal for consideration for review and a public
hearing based on what the Board has in front of them. What the Applicant has put forth this
morning is not part of that conversation.
R. Petrovich advised that the Board could table this or the Board can vote to advance a public
hearing based on the packet that the Agency staff has put forward to the Board.
M. Dieroff questioned the time frame of tabling it.
R. Petrovich responded that the Agency would revisit this in July at the next scheduled Board
meeting.
M. Dieroff stated that he would like to stick to the proposal that’s currently presented to the
Board.
Randy Wolken asked the Applicant for assurance that he is accepting this proposal moving
forward and the Agency wouldn’t end up at a public hearing with him presenting a different
proposal.
M. Dieroff explained that he has to make a decision rather quickly, so he can’t have the
project be delayed.
Randy Wolken asked if the Applicant would be supportive of the proposal and stated that it’s
important that he is.
                                      Page 17 of 60
       M. Dieroff responded yes.
       Randy Wolken clarified that the resolution in front of the Board is one to authorize a public
       hearing associated with the existing PILOT schedule and financial assistance.
       R. Petrovich wanted to make sure the Board understood that the package of incentives
       includes a PILOT, but also sales and use tax exemption as well as mortgage recording tax
       exemption.
       Randy Wolken read the Agency action requested, “A resolution of the Board authorizing a
       public hearing.” Motion was made by Sally Santangelo, seconded by Alan Marzullo.
       Motion was carried.
Prior to continuing the agenda items at hand, the Agency took a 5-minute break to allow for use of
the restrooms.
   4. Micron New York Semiconductor Manufacturing LLC - Project Updates
      Main Campus (Project #3101-23-07A), Rail Spur (Project #3101-25-06A)
       Carson Henry and Katie Birchenough presented the update to the Micron Semiconductor and
       Rail projects.
C. Henry stated the following:
       He introduced Joe Nehme and Perer Pianoto who could not be at the meeting but have been
       instrumental in Micron project. Micron was founded in 1978 and is the only U.S.
       manufacturer of memory semiconductors, holding about 61,000 patents and growing. He
       highlighted one of Micron’s products, High Bandwidth Memory (HBM), which has been
       driving Micron’s growth recently. Micron’s memory uses 30% less power than the
       competition, but at a higher speed. Even though Micron’s name is not on most products, a
       product of Micron is likely in everyday items. Across the world, Micron has 13
       manufacturing sites and 13 customer labs, including Japan, Taiwan, Singapore, India, Idaho,
       Virgina, and New York. He explained that Micron is building two fabs out in Idaho, and that
       since the center of gravity for manufacturing is in Asia, the size of what is in Asia is what the
       size of the New York fabs will be. The chips that will be made in New York will then go to
       Asia to get packaged into what will ultimately go into people’s technology products.
Micron is investing $200 billion into U.S. manufacturing and R&D, which is $50 billion
       more than what was originally planned in 2022. This increase will raise the amount of
       DRAM produced in the U.S. to 40% of the total output of Micron. Today, only 2% of world
       supply is manufactured in the U.S. The way that Micron is building out its fabs in Idaho is
                                             Page 18 of 60
how they will in New York. They’re building the fabs in phases. The south end of the first
fab will be built up first where the bedrock is, making it easier to build on that ground.
There’s continuous trade activity going on at the site. Not only is Micron constructing large
fabs, but they are also turning over the equipment in the fabs every 18 months. Just one of
the wet chemical pieces of equipment draws a lot of electrical and pipefitting work, and
Micron has thousands of those pieces of equipment. Normally for trades, you have to travel,
but with the amount of work happening around the site and fabs, trade workers will not have
to travel, as there will be more than a thousand trades people on the site.
Referring to the image on the screen, the long building is the fab cleanroom, and in front of
that building is the test and admin building, and next to that is a parking garage to supplement
the surface parking. To the left of the fab is the utility building, and next to that is the
wastewater treatment. Just behind the fab at the top of the rendering is an on-site gas plant as
well. Micron takes measures in both their wastewater treatment as well as the on-site gas
plant to help keep themselves as sustainable and efficient as possible. In the lower left corner
of the slide is a rendering of what the front of the building will look like. Not shown in that
rendering are the solar panels that they will be installing as well. In the lower right corner is
a map of where construction is. Anything within the green lines is area of disturbance for the
first fab. The first fab will be on the left-hand side of the map, building from west to east.
C. Henry stated that come this time next year, there will be roughly 3,000 trades on the site
every day. In the blue areas of the map are areas of focus. So far, everything is ahead of
schedule. Not shown is the rail spur, which is across Caughdenoy Road and is also ahead of
schedule.
C. Henry delved into the project economics according to a REMI study that was published:
88% of employment growth will come from the Central New York region, 85% of the local
fiscal revenues and annual GDP impact will go to the local government. The amount of
additional local government revenues will be $4.9 billion over the next 10 years, which is a
30% increase, but the population growth will only be approximately 9%. This population
growth is lower because Micron is working in local labor development in construction and
workforce. Micron typically hires 65% of its workforce from the local area, and in New
York they’re hoping to do more than that. C. Henry predicts that local governments are
going to have a surplus of revenue that they’re going to have to find what to do with. Apart
of a $500 million Green CHIPS community investment fund, Micron has invested $250
million, which will target workforce development, education, community assets and
organizations, and affordable housing. $50 million has been pledged and $15 million has
been spent.
The picture presented is the OCC Cleanroom Simulation Lab where they are training the
future technicians of America. About 40% of Micron’s workforce are technicians who will
                                      Page 19 of 60
maintain the thousands of pieces of equipment in the fabs. Before moving on to where
Micron has invested in the community, he touched on the barriers to getting into construction
trades, mentioning transportation, education, and childcare.
Firstly, he highlighted Micron’s community pillar investments. In partnership with
CENTRO, Micron is funding a direct express line to Downtown Syracuse as well as the
northern Syracuse suburbs from the site. In partnership with PEACE, Inc., Micron has
invested to help expand the amount of childcare in the region, ultimately making it more
affordable. In partnership with CNY Housing Fund, Micron is investing to help create
affordable housing in the area.
He moved on to education & workforce pillar investments. The first was the OCM BOCES
Apprenticeship program that helps train the workforce. In partnership with Jefferson
Community College, Micron is assisting in projects supporting transitioning veterans.
He moved to the fourth pillar, Micron Gives. This is something unique to Micron, where
every Micron employee participates in. Micron also donates up to $10,000 per year per
employee, to a charity of their choice. He gave the example of him and his wife donating
every month to a local food bank and Micron matches that. Additionally, every year Micron
will choose a charity which it will try to direct all employee giving to. On the sustainability
side, Micron is looking to make commitments such as net-zero emissions in 2050, as well as
utilizing the fact that 85% of energy produced in Region C (where Micron is located) is made
carbon-free. Regarding water, Micron tries to reduce and recycle their water usage.
Micron is invested in maximizing the local labor engagements. Micron’s goal is to export
local talent rather than have to import that talent. He listed Micron’s involvement in local
labor such as Syracuse Build and First Source Hire (FSH), local outreach and education,
removing barriers (CENTRO), forecasts that include steady state construction needs allowing
unions and other partners to plan, funding, contractual obligations in construction contracts to
use Syracuse Build/FSH. He told a story dating back to 2022 while they were in the middle
of site selection that highlighted that at Syracuse Build there were only 20 spots for 500
applicants, which made Micron understand that the number of construction laborers
necessary would work. He then went on to explain that Syracuse Build for FSH is for if a
company like Gilbane doesn’t have enough local workforce, then they can go there first to fill
that gap. Currently, the talent pool of the program is 3,000 candidates. There are constraints
in the short term, but the talent pipeline is what Micron is excited about. He noted a study
that ESD had contracted with McKinsey to do that last estimated that 2,500 people were
coming into the trades, which shows that the number is growing based on the 3,000-candidate
talent pool.
Deka Eysaman referred to FSH and asked, is it that the unions get the first 48 hours to pull
form their bench and if they can’t it goes to Syracuse Build?
                                     Page 20 of 60
C. Henry explained that the way the PLA (project labor agreement) is written is that if the
unions can’t fill it, then Micron could go outside of the union to fill it, and FSH would be one
of the first places they go. He confirmed that so far all the work on the rail spur and main site
are 100% union.
Deka Eysaman asked how much time does the union have to fill a slot, and then when you
say Syracuse Build is one of the options they can go after, what are the other options?
C. Henry answered that they could go to other firms that are not approved, but the obligation
is that they have to go to FSH first.
Deka Eysaman also asked if other programs that have come online recently like Mohawk or
Oswego Build are included in the FSH, or just Syracuse Build.
C. Henry and K. Birchenough answered that they would follow up with an answer, adding
that Micron’s definition of local labor is the same as the Agency’s 10-county area.
Christina Hollenback asked what the CNY Housing Fund is, asking if it’s the CenterState
CDC Fund, and asked who’s executing it.
K. Birchenough answered that Micron has put up $30 million towards the fund, and ESD and
other banking and financial institutions are putting into the fund that ESD will be overseeing.
Randy Wolken asked if this fund is new.
K. Birchenough confirmed that the fund is new.
Randy Wolken told Christina Hollenback that he believes the CenterState CDC fund that
she’s talking about and the CNY Housing Fund that is being presented might be the same.
Christina Hollenback asked about the 10% affordability associated with the CenterState CDC
fund.
K. Birchenough responded to Christina Hollenback that she would follow up with her about
the fund.
Christina Hollenback asked to see the demographic breakdown of the 3,000-candidate
number that C. Henry was referring to.
C. Henry moved on to the topic of traffic, referring to a chart published in their
Environmental Impact Statement (EIS). He referenced the classification of E and F, which
                                      Page 21 of 60
show that a lot of intersections in the area already have heavy congestion. As part of the
project, these will be improved, but the issue is that it will take time because NYSDOT has to
go through their own EIS, which according to C. Henry, they are doing but won’t be done
until 2027/2028. In the meantime, Micron is trying to do community outreach, having
meetings with NYSDOT as well as the Town of Clay (TOC). He highlighted a complaint
made by a resident on Verplank Road regarding dump trucks on Verplank Road, where
Micron in response sent someone to Verplank Road to ensure that there weren’t any dump
trucks on Verplank Road and that they were doing what they were supposed to. In the short
term, the South Finger intersection is the only thing they can do to help alleviate traffic in the
area. Referring to an image of proposed traffic mitigation in the presentation, C. Henry
explained that at point 6, Micron is going to make a driveway that allows employees, dump
trucks, and everything else to enter from Rt. 11 to alleviate traffic.
C. Henry stated that Micron would like to advance the South Finger Driveway (Rt. 11
Entrance), explaining that they aren’t formally doing that during the current meeting, but
wanted to get it in front of the Board to allow them to consider it. Part of the deal to purchase
the site was that the purchase price would be used to reinvest in the site, and Micron thinks
that this is one of the best ways to reinvest. The way that it would work is that the County
would procure and construct the road, using $12.6 million of the $30 million purchase price,
and anything above that, Micron would pay for. C. Henry confirmed that the design is
complete and scope of work is under development, hopefully allowing the road to be
operational in 2027. He moved on to the second consideration that they hope to put in front
of the Board, stating that Micron is going to need control of the land on the east side of the
property. The purchase agreement from earlier in the year gives Micron access to the
property west of Burnet Road. The air permit studied the entire White Pine Commerce Park
to ensure the air permit would pass, and due to the prevailing winds, Micron will need access
to the east side of the property, so Micron’s proposal is to advance that with a lease. Micron
has taken risks in trying to reduce the amount of emissions on the site and the air permit by
using new technologies and decreasing the number of emergency generators on-site but
cannot get rid of all of them due to the safety and codes that are required on the site.
Randy Wolken thanked C. Henry and looks forward to plenty of these styled conversations in
the future.
Randy Wolken noted how communicative Micron has been as well as how forward thinking
they are, saying that he believes the Board is the best way to have these conversations
because things are changing in a positive way, but there will be some things to be focused on.
J. Davis added that the presentation has teed up future actions before the Board. One of those
being a lease of Agency-owned land on the east side of Burnet Road as well as the
reinvestment of the $12.6 million into the site. He welcomed Board members who have
questions outside of the meeting to reach out to staff to set up conversations.
                                      Page 22 of 60
5. Contract Authorization
R. Petrovich explained to the Board that with everything occurring on the Micron Campus,
   the Agency had bought 105+ acres of land to the south to develop into a supply chain campus
   for critical supply chain partners to Micron that need to be located within close proximity to
   the fabs. The Agency is advancing the review of this land through SEQR. This is the
   environmental review process and the Agency has contracted with Barton & Loguidice
   (B&L) for engineering services, who has started this process and has a goal to have an EIS
   complete by the end of the year (2026) to prepare for supply chain companies that are
   prepared to make commitments to Onondaga County. The Agency has an existing contract
   with B&L with the approximate amount of $273,000. They have spent about $90,000 to
   $92,000 to complete the Generic EIS. He explained to the Board that the action before them
   is to increase the contract by $391,860 to finish and complete the work necessary to complete
   a Generic EIS before the end of the year. This will allow future infrastructure improvements
   and build-out for the supply chain companies.
   Alan Marzullo asked if the contract amendment is enough to complete the Generic EIS.
   R. Petrovich answered that according to B&L, it will be enough. He explained that they’ve
   done good work for the Agency to date, but the Agency has asked more than they originally
   expected, hence the contract amendment.
R. Petrovich made it clear that time is not our friend regarding this process because in order
   for Micron to be making chips come 2029/2030, the supply chain companies need to have the
   correct approvals and site plans well before Micron becomes operational. He explained that
   this process is similar to what the Agency did on the main White Pine Campus when a
   Generic EIS was completed based on the understanding that Intel would be locating in
   Onondaga County. When Micron announced, the Micron project was going to be larger than
   the Intel project, so the Agency had to pivot off the Generic EIS and do a supplement and a
   specific EIS for their project.
   Christina Hollenback asked whether the increase is based on the pivot from Intel or
   something else.
   R. Petrovich responded that it’s based on a pivot from an initial review of the site for
   wetlands and other EIS requirements.
   J. Davis added that it ties into item six which will follow this action. The Agency went out
   on a draft scope and received comments on that draft scope, and some of those comments led
   to modifications of the draft scope, which means the Agency will now look at some things
   that were not originally going to be looked at. These modifications of the scope also lead to
                                         Page 23 of 60
modifications of engineering material such as layouts, designs, and considering housing
   components as a mixed-use alternative. These modifications flow through as the natural
   SEQR process.
   Randy Wolken read the Agency action requested, “A resolution of the Board authorizing an
   amendment to the contract with Barton & Loguidice, D.P.C., consisting of an increase to the
   amount authorized for engineering services related to White Pine Science & Technology
   Park.” Motion was made by Alan Marzullo, seconded by Christina Hollenback. Motion was
   carried.
6. White Pine Science & Technology Park
J. Davis stated to the Board that the Agency has started an environmental impact process to
   look at White Pine South and a Draft EIS was developed and put out for public comment
   where a public hearing was held in the Town of Clay and the window for public comment
   ended on May 15. In front of the Board are all comments that were received, the Agency’s
   consultant and legal responses to the comments, and how the Draft Scope changed to what is
   now to be adopted as the Final Scope. The Scope is what is to be studied in order to prepare
   a Generic EIS. J. Davis called out a few of the normal studies that you typically look at such
   as traffic, air, impacts to land, and wetlands. He went on to explain that when you’re looking
   at an EIS, you’re looking at what are the alternative or how can we mitigate impacts. The
   largest change in this scope is in response to public comment stating that the Agency should
   explore a housing component for the site.
J. Davis explained that the action before the Board is one to allow the Agency to start the EIS
   process, which means adopting the Final Scope that explains what the Agency will review,
   and then the engineering firm will begin all the proposed studies, then a Draft Generic EIS
   will come before the Board. After the Board affirms that the Draft Generic EIS is complete,
   it will be sent out to the public, who can then submit comments. Once the comments are
   received, a response to comments will then be created. From that, a Final Generic EIS will
   be created. There will be workshops with the Board to ensure everyone is included. After,
   the Board will then adopt the Final Generic EIS.
   Following the EIS, if a company comes to the Agency and wants to locate on WPSTP, then
   the Agency will look at their plan on the Final Generic EIS and make a fact finding
   determination based on the review of their plan on the Final Generic EIS, and then the
   company will go through the Town of Clay for their zoning permits and approvals. If their
   site plan differs from what was originally studied, then the Agency might have to complete
   supplements to the Final Generic EIS. J. Davis reiterated that the action before the Board is
   one to adopt the Final Scope.
                                        Page 24 of 60
Randy Wolken asked for confirmation that this is one of multiple steps.
J. Davis confirmed that this is the first of many steps, each eliciting more comment and
involving the Board with what will ultimately be released to the public.
Alan Marzullo asked what the overall timeframe of something like this takes.
J. Davis answered that six months is certainly doable. The Agency has the benefit that B&L
has already started some studies beforehand with their previous work.
R. Petrovich noted that B&L will be able to leverage off of the FEIS that is complete on the
Micron campus across the street, just ensuring that the data is still accurate.
J. Davis added that Micron’s traffic study included and anticipated development at White
Pine South and included a number that will be generated from the site. The Agency will go
back in and check what Micron’s FEIS concluded to be accurate.
R. Petrovich gave Alan Marzullo a short answer of December (2026).
Christina Hollenback suggested to push to the public a rough outline of dates. She added the
Agency is getting a lot of feedback, and as much as the Agency could be upfront and
transparent will go a long way for the public.
R. Petrovich added that moving forward with the action today will allow for milestones to be
created as well as a timeline.
Randy Wolken added that he likes the idea of socializing the timeline.
J. Davis added that Agency staff will give periodic updates as well to the process.
Mark Muthumbi questioned the housing component to the proposed Final Scope, asking if
it’s unique to this site.
J. Davis answered that the comments were unique, but good comments. He explained that
the idea was that the County needs housing, questioning if there’s an opportunity to mix
housing into the site plans. He added that another individual, an engineer, went ahead and
redesigned the site and made it all housing. He explained that with that being said, the Board
needs to look at what the highest and best use of the site will be, keeping in mind what is
across the street from this site.
R. Petrovich added that the Agency staff has been doing a lot of research regarding this area.
They’ve looked at places like Arizona with the semiconductor cluster that already exists out
                                     Page 25 of 60
       there and have found that there are sites where there are residential communities with supply
       chain companies on the same site, but a key difference is that those sites are typically 1,000-
       acre sites. The Agency is working with a 100-acre site. He stated that he’s not giving a
       predetermined answer, and it will be looked at, but where it is done successfully is typically
       done with sites that are much larger than what the Agency currently has.
Randy Wolken read the Agency action requested, “A resolution of the Board adopting the
       final scoping document pursuant to the State Environmental Quality Review Act (SEQRA)
       for the White Pine Science & Technology Park, and authorizing the filing and distribution of
       the Final Scope pursuant to the requirements of SEQRA.” Motion was made by Alan
       Marzullo, seconded by Mark Muthumbi. Motion was carried.
Motion to adjourn was made by Alan Marzullo and seconded by Sally Santangelo at 10:48 AM.
___________________________________
      Alexis Rodriguez, Secretary
                                            Page 26 of 60
                                    June 30, 2026
    Revenue / Expense / Income                Current Period         Current YTD
Operating/Non-Op Revenue                                  122,297        11,491,740
Administrative Expense                                     69,821           428,256
Operating/Program Expense                                 105,584           796,096
Net Ordinary Income                                       (53,108)       10,267,389
                         Current Assets                              Current YTD
Total Cash                                                               35,969,527
Escrow Accounts                                                             111,416
Net Cash                                                                 35,858,110
Page 27 of 60
Page 28 of 60
Page 29 of 60
                   Onondaga County Industrial Development Agency
                                          Statement of Financial Position
                                                   As of Jun 30, 2026
                                                                                             TOTAL
Assets
 Current Assets
  Bank Accounts
  200 Cash                                                                                     $0.00
   200.5 NBT Checking                                                                   1,058,038.14
  Total for 200 Cash                                                                   $1,058,038.14
   200.6 NBT OCIDA Savings                                                              7,406,921.74
   200.7 NBT - WPCP Savings                                                                89,249.30
   200.8 NBT - WPCP Phase 1 Improvements                                               12,318,601.37
   200.9 NBT - WPCP Phase 2 Improvements                                               15,096,715.97
  Total for Bank Accounts                                                             $35,969,526.52
  Accounts Receivable
  380 Accounts Rec.
   380.6 A/R Fees, Lease & PILOT                                                         917,143.66
  Total for 380 Accounts Rec.                                                           $917,143.66
  Total for Accounts Receivable                                                         $917,143.66
 Total for Current Assets                                                             $36,886,670.18
 Fixed Assets
  100 Land
   105 3649 Erie Blvd East                                                             16,117,318.46
   107 800 Hiawatha                                                                       604,840.42
   108 White Pine Science & Technology Park                                             2,140,557.00
  Total for 100 Land                                                                  $18,862,715.88
  250 Investment in Real Property                                                       3,082,772.87
 Total for Fixed Assets                                                               $21,945,488.75
Total for Assets                                                                      $58,832,158.93
Liabilities and Equity
 Liabilities
  Current Liabilities
   Accounts Payable
    300 WPCP Pass Thru Payable                                                            68,583.81
   Total for Accounts Payable                                                            $68,583.81
  Other Current Liabilities
  600 Accounts Payable                                                                         $0.00
   600.1 Due to Related Party - OED                                                       303,621.91
   600.3 Onondaga County Loan                                                         $18,079,656.77
    600.31 Accrued Interest - OC Note Payable                                           3,095,059.00
   Total for 600.3 Onondaga County Loan                                               $21,174,715.77
    600.4 Micron Deposit                                                                   74,975.14
   Total for 600 Accounts Payable                                                     $21,553,312.82
  Total for Other Current Liabilities                                                 $21,553,312.82
  Total for Current Liabilities                                                       $21,621,896.63
                                                     Page 30 of 60
                                  Accrual Basis Monday, July 06, 2026 01:24 PM GMTZ              1/2
Onondaga County Industrial Development Agency
                                           Statement of Financial Position
                                                    As of Jun 30, 2026
                                                                                              TOTAL
  Long-term Liabilities
   600.5 Onondaga County Loan - Non WPCP                                                13,577,147.96
  Total for Long-term Liabilities                                                      $13,577,147.96
 Total for Liabilities                                                                 $35,199,044.59
 Equity
  3901 Equity-Investment Fixed Assets                                                    5,277,648.00
  3900 Equity Unreserved                                                                 8,119,894.18
  Net Revenue                                                                           10,235,572.16
 Total for Equity                                                                      $23,633,114.34
Total for Liabilities and Equity                                                       $58,832,158.93
                                                      Page 31 of 60
                                   Accrual Basis Monday, July 06, 2026 01:24 PM GMTZ              2/2
ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY p. 32
ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY
  PAYMENT OF BILLS - SCHEDULE #519
  July 9, 2026
GENERAL EXPENSES p. 32
GENERAL EXPENSES
1. BARTON & LOGUIDICE, D.P.C.                                     $    2,063.00
  WPSTP - Inv #162628
2. BARCLAY DAMON LLP                                              $    3,381.65
  Retained Corporate & Public Finance Matters - Inv #5395695
3. BARCLAY DAMON LLP                                              $   14,247.77
  Neighbors for a Better Micron - Inv #5395700
4. BARCLAY DAMON LLP                                              $    4,709.00
  OCIDA - Shoppingtown - Inv #5395697
5. BARCLAY DAMON LLP                                              $   12,121.00
  WPSTP - Inv #5395696
6. BARCLAY DAMON LLP                                              $     601.16
  Roth Steel - Inv #5395694
7. BARCLAY DAMON LLP                                              $     365.00
  Micron Retained OCIDA Support - April 2026 - Inv #5392273
8. BARCLAY DAMON LLP                                              $      73.00
  Micron Retained OCIDA Support - May 2026 - Inv #5395699
9. BARTON & LOGUIDICE, D.P.C.                                     $    1,227.60
  WPCP - Inv #163187
10. LOVELL AND ASSOCIATES                                         $    3,000.00
  June 2026 Consulting
11. RUSTON PAVING COMPANY, INC                                    $    4,670.00
  Maintenance - 3649 Erie Blvd East
12. COMMISSIONER OF FINANCE - SYRACUSE                            $    3,105.14
  Roth Steel 2026 Taxes
                                                  Page 32 of 60
13. BARCLAY DAMON LLP                                          $    22,569.50
   Micron Financial Assistance - March 2026
14. BARCLAY DAMON LLP                                          $    46,014.31
   Micron Financial Assistance - April 2026
15. DUSTY'S OUTDOOR SERVICE                                    $     3,500.00
    Maintenance - 8544 Caughdenoy Road
16. SELECTIVE                                                  $    20,704.50
   Insurance Payment #4 - 3649 Erie Blvd
                                              TOTAL            $   142,352.63
                                               Page 33 of 60
                                                                                                                                                 6/22/2026
Project:                                                    D&D Motor Systems, Inc.                               Project Number:               3101-26-03A
Location:                                                   Dewitt                                                School District:      East Syracuse-Minoa
                                                                                                                  Project Type:          Manufacturing Relocation
Tax Parcel(s):                                              009.-04-03.0                                          Village:    East Syracuse
Total Project Cost:                                         $                         2,000,000                   8. Total Jobs             25
Land Acquisition                                            $                         1,400,000                   8A. Job Retention         17
Site Work/Demo                                              $                                 -                   8B: Job Creation           8
Building Construction & Renovation                          $                           150,000                        (Next 5 Years)
Furniture & Fixtures                                        $                            50,000
Equipment                                                   $                           400,000
Project Soft Cost                                           $                                 -
Community Investment /Abatement                                                                                                                  Project Description
                                                    Fiscal Impact ($)
Abatement Summary                                            $207,400
  Sales Tax Abatement                                        $8,000
  Mortgage Tax Abatement                                     $10,500
  Property Tax Relief (PILOT)                                $188,900
Community Investment                                        $21,634,929
                                                                                                                    The applicant is proposing to expand their operations to an existing 32,344 sq. ft.
 PILOT Payments                                             $477,263                                                                     building in the Village of East Syracuse.
 Project Salaries and Benefits Estimated (10 yrs)           $19,145,348
 Construction Benefit Estimate                              $12,319
 Total Project Cost                                         $2,000,000
Investment:Abatement Ratio                                  104.31                                :1
© 2026 Onondaga County Industrial Development Agency. All rights reserved.
                                                                                                  Page 34 of 60
                                                     D&D Motor Systems, Inc.
                                                             A) PILOTS Estimate Table Worksheet
                                                                        for 12 years
OCIDA estimate of current market value                                                                                                     $           747,300
Projected investment                                                                                                                       $           150,000
OCIDA estimate of increase in value                                                                                                        $           652,700
OCIDA estimated value after project is completed                                                                                           $         1,400,000
Taxes that would have been collected if the project did not occur                                                                          $           355,588
Scheduled PILOT payments                                                                                                                   $           477,263
Full Tax
                                      County PILOT
  PILOT YEAR       Exemption %                               Town       School District       Village      Total PILOT     Payment w/o         Net Exemption
                                        Amount
                                                                                                                              PILOT
         1             100%        $             2,234   $      1,906   $       13,426    $        8,946   $   26,512.53   $      49,669   $            23,156
         2             100%        $             2,279   $      1,944   $       13,695    $        9,125   $   27,042.78   $      50,662   $            23,619
         3             100%        $             2,324   $      1,983   $       13,969    $        9,308   $   27,583.64   $      51,675   $            24,092
         4              90%        $             2,578   $      2,199   $       15,493    $       10,323   $   30,592.68   $      52,709   $            22,116
         5              80%        $             2,841   $      2,423   $       17,072    $       11,376   $   33,711.05   $      53,763   $            20,052
         6              70%        $             3,113   $      2,655   $       18,708    $       12,466   $   36,941.91   $      54,838   $            17,897
         7              60%        $             3,395   $      2,896   $       20,403    $       13,595   $   40,288.53   $      55,935   $            15,647
         8              50%        $             3,687   $      3,145   $       22,158    $       14,765   $   43,754.24   $      57,054   $            13,300
         9              40%        $             3,989   $      3,403   $       23,975    $       15,975   $   47,342.46   $      58,195   $            10,853
        10              30%        $             4,302   $      3,670   $       25,856    $       17,229   $   51,056.70   $      59,359   $             8,302
        11              20%        $             4,626   $      3,946   $       27,803    $       18,526   $   54,900.58   $      60,546   $             5,645
        12              10%        $             4,961   $      4,232   $       29,817    $       18,526   $   57,535.71   $      61,757   $             4,221
TOTAL                              $            40,329   $     34,400   $      242,373    $      160,160   $     477,263   $    666,163    $           188,900
Year
                         0                 1                   2              3                 4                5
Jobs
Current/Actuals         17
Creation Goals                             2                  2               2                 2                0
Total
Employment
Goals                   17                 19                 21              23                25              25
© 2026 Onondaga County Industrial Development Agency. All rights reserved.
                                                                                                Page 35 of 60
ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY p. 36
ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY
                          APPLICATION FOR FINANCIAL ASSISTANCE
 1. Fill in all blanks using “none”, “not applicable” or “not available”. If you have any questions about the
     way to respond, please call the Onondaga County Industrial Development Agency (the “Agency” or
     “OCIDA”) at 315-435-3770.
 2. In accordance with Section 224-a(8)(d) of Article 8 of the New York Labor Law, the Agency has identified
     that any “financial assistance” (within the meaning of Section 858 of the General Municipal Law) granted
     by the Agency to the Applicant consisting of sales and use tax exemption benefits, mortgage recording
     tax exemption benefits and real property tax exemption benefits, constitutes “public funds” within the
     meaning of Section 224-a(2)(b) of Article 8 of the New York Labor Law and such funds are not excluded
     under Section 224-a(3) of Article 8 of the New York Labor Law. The Agency hereby notifies the
     Applicant of the Applicant’s obligations under Section 224-a (8)(a) of Article 8 of the New York Labor
     Law.
 3. If the OCIDA Board approves benefits, it is the company’s responsibility to obtain and submit all necessary
     forms and documents.
4. All projects approved for benefits by the OCIDA Board will close with the Agency within 6-months of
    the OCIDA Board approval date. If this schedule cannot be met, the Applicant will need to submit a
    closing schedule modification written request to the Executive Director that will be presented to OCIDA
    Board for consideration.
 5. The Agency will not give final approval for this Application until the Agency receives a completed NYS
     Full Environmental Assessment Form concerning the project which is the subject of this Application.
     The form is available at https://extapps.dec.ny.gov/docs/permits_ej_operations_pdf/feafpart1.pdf
 6. Public Officers Law stipulates all records in the possession of the Agency (with certain limited
     exceptions) are open to public inspection and reproduction. Should the Applicant believe there are
     project elements which are trade secrets if publicly disclosed or otherwise widely disseminated, would
     cause substantial injury to the Applicant’s competitive position, the Applicant must identify such
     elements in writing and request that such elements be kept confidential. In accordance with Article 6 of
     the Public Officer’s Law, the Agency may also redact personal, private, and/or proprietary information
     from publicly disseminated documents.
7. A final Application (OCIDA staff reviewed/approved) and associated fees MUST be received at least 10
    business days prior to the upcoming Board meeting to be placed on the agenda. A signed application may
    be submitted by mail and/or electronically in PDF format to Alexis Rodriguez at
    alexisrodriguez@ongov.net.
       • A check payable to the Agency in the amount of $1,000
       • A check payable to Barclay Damon LLP in the amount of $2,500
 This Application was adopted by the OCIDA Board on February 15, 2024.
Onondaga County Industrial Development Agency                                                               Page 1
                                               Page 36 of 60
                                   Submit completed application to:
                             Onondaga County Industrial Development Agency
                         335 Montgomery Street, Floor 2M Syracuse, NY 13202
                                       Phone: 315-435-3770
                                    alexisrodriguez@ongov.net
                                      Section I: Applicant Information
 Submittal Date: __
                 4/__
                    4/2_0_2
                          ___
                            6 ____
 A) Applicant/Project Operator information (company receiving benefits):
1. Applicant/Project Operator: __
                                      D _&__D__M_o
                                                 __to_r_S
                                                        __y_st_e_ms,
                                                                 __ _In_c_._________________________
          Applicant/Project Operator Address: __
                                              21_5__P___
                                                      ark__A__v_e_n_u_e_,__S_y_r_a_c_u_s_e,
                                                                                         ___N_Y
                                                                                              __1
                                                                                                __3_2_0_4__ __________
          Phone: __
                 (3_1_5_)_7
                          __0_1_-_0_6_3_5
                                        ____________             Fax: __
                                                                      31_5_-_7_0
                                                                               __1-___
                                                                                    08_5_9___________ __________
          Website: __
                   ww__w.
                       __d_d__m_ot
                                __o_r_s_y_s_t_e_m
                                                __s_._c_o_m
                                                          __     Email: ___
                                                                        mdi_er
                                                                            __o_f_f_@
                                                                                    __d_d_m
                                                                                          __o_t_o_r_s_yt_e_m
                                                                                                           __s_._c_o_m
                                                                                                                     _____
          Federal ID#: __
                       16_-_1_6_0
                                __2_7_4_5_____________           NAICS: __
                                                                        33_5_3
                                                                             __1_2_________________________
          State of Incorporation: __
                                  Ne__w__Y_o_r_k___________________________________________________
          See link for your NYS incorporation information. https://apps.dos.ny.gov/publicInquiry
2. Owner (if different from Applicant/Project Operator): __
                                                                Sa_m
                                                                   __e__a_s_a_b
                                                                              __o_v_e______________
          Owner Address: __
                         No_n_e
                              ______________________________________________________
          Federal ID#: __
                       No_n_e
                            __________________________________________________________
          State of Incorporation: __
                                  No_n
                                     _e__________________________________________________
          List of stockholders, members, or partners of Owner: __
                                                               No_n
                                                                  ___
                                                                   e ______________________ _
B)A pplicant Business Organization (check appropriate category):
☐ Corporation                            ☐ Partnership
    ☐ Public Corporation                     ☐ Joint Venture
    ☐ Sole Proprietorship                    ☐ Limited Liability Company
    ☐ Other, explain
    List all stockholders, members, or partners with % of ownership greater than 5%:
                 Name                                                             % of ownership
   ___________________________________
   Mike Dieroff                                                _________________________________
                                                               83.5%
   ___________________________________
   Alexander Dieroff                                           _________________________________
                                                               10%
   ___________________________________
   Austin Dieroff                                              _________________________________
                                                               6.5%
   ___________________________________                         _________________________________
Onondaga County Industrial Development Agency                                                                      Page 2
                                                    Page 37 of 60
C) Applicant Business Description:
Estimated % of sales within Onondaga County: _________________________________
                                                   0%
   Estimated % of sales outside Onondaga County but within New York State: ___________
                                                                            10%
   Estimated % of sales outside New York State but within the U.S.: __________________
                                                                    80%
   Estimated % of sales outside the U.S.: (*Percentage to equal 100%) ________________
                                                                      10%
   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? No 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)? No     Yes, explain
   3. Has any person listed in Section I ever been in receivership or declared bankruptcy?
      ☐ No ☐ Yes, explain
 D) Has the Applicant/Owner received assistance from Onondaga County Industrial Development
     Agency (OCIDA, Syracuse Industrial Development Agency (SIDA), New York State or the
     Onondaga Civic Development Corporation (OCDC) in the past?
     ☐No    ☐ Yes, explain (Provide year, project name, benefit description, amounts, address)
E) Individual Completing Application:
    Name: Michel Dieroff                           Title: _______________________________
                                                          Founder/owner/president
    Address: 215 Park Ave. Syracuse, NY 13204
                                           Phone: ______________________________
                                                  (315) 701-0635
    Cell Phone: (315) 440-0578                     E-mail:______________________________
                                                          mdieroff@ddmotorsystems.com
 F) Company Contact (if different from individual completing application):
    Name: Same as above                            Title: ____________________________
                                                          None
    Address: None                                  Phone: ___________________________
                                                          None
    Cell Phone: None                               Email: ___________________________
                                                          None
Onondaga County Industrial Development Agency                                                    Page 3
                                              Page 38 of 60
G) Company Counsel:
    Name of Attorney: _____________________________________________________________
                      Richard Bianco
Firm Name: __________________________________________________________________
               Baldwin Sutphen Bianco, PLLC
    Address: _____________________________________________________________________
             6320 Fly Road, Suite 105, Easy Syracuse, NY,13057
    Phone: ______________________________________________________________________
           315-477-0100
    Cell Phone: ___________________________________________________________________
                702-497-0766
    Email: _______________________________________________________________________
           rbianco@bsfattorneys.com
Onondaga County Industrial Development Agency                                  Page 4
                                          Page 39 of 60
                              Section II: Project and Site Information
   A) Project Location is where the investment will take place. If Applicant is moving, the new
      location should be entered here and the current location should be in Section I.
Address:304 W. Second Street
      Legal Address (if different):
      City:East Syracuse                      Town: _______________Village:
                                                    Dewitt                  East Syracuse
      Zip Code:13057                                   School District: ESM
      Tax Map Parcel ID(s): 009.-04-03.0
      Full Market Value: _______________
                         $1,400,000      Square Footage of Existing Building(s):_______________
                                                                                35,000
    B) Project Activity (Check all that apply):
       ☐ New construction                              ☐ Acquisition of existing facility
       ☐ Expansion to current facilities               ☐ Brownfield/Remediated Brownfield
       ☐ Renovation of existing facility               ☐ Demolition and construction
                                                       ☐ Purchase of machinery/equipment
    C) Select Project Type or Project End Use at site (you may check more than one):
      ☐ Manufacturing                                  ☐ Mixed Use
      ☐ Retail (see Section V)                         ☐ Facility of Aging
      ☐ Housing Project (see Section VII)              ☐ Distribution/Wholesale
      ☐ Civic Facility (not for profit)                ☐ Commercial
      ☐ Industrial                                     ☐ Renewable Energy Project (see Section VI)
      ☐ Other, explain
D) Project Narrative: Please check one of the two boxes below and attach statement.
      ☐ A statement that the Project described in this application would not be undertaken but for
        the financial assistance provided by the Agency.
      ☐ If the Project is going to advance regardless of any financial assistance from the Agency,
        please provide a statement indicating why the project should be considered by the Agency
        for any financial assistance.
Onondaga County Industrial Development Agency                                                        Page 5
                                                  Page 40 of 60
    E) Description of Project: Please attach a detailed narrative of the proposed Project. Please
       attached copies of site plans, sketches or maps. This narrative should include, but is not
       limited to:
       ☐ (i) a description of your Company’s background, customers, goods and services and the
         principal products to be produced and/or the principal activities that will occur on the
         Project site;
       ☐ (ii) the size of the Project in square feet and a breakdown of square footage per each
         intended use;
       ☐ (iii) the size of the lot upon which the Project sits or is to be constructed;
       ☐ (iv) the current use of the site and the intended use of the site upon completion of the
         Project;
       ☐ (v) describe your method for site control (Own, lease, other).
F) Will the completion of the Project result in the removal of an industrial or manufacturing plant of
       the company from one area of the state to another area of the state OR in the abandonment of one
       or more plants or facilities of the company located within the state?
       ☐ No ☐ Yes
    G) Please describe any compelling circumstances the Agency should be aware of while reviewing
       this application.
    H) Local Approvals (Site Plan and Environmental Review)
       Have site plans been submitted to the appropriate town or local planning department?
       ☐ No. When will the plans be submitted? _____☐
                                                    None Yes, what is the status?______
       Has the project received site plan approval from the town or local planning board?
       ☐ No, anticipated approval date. _____
                                           None ☐Yes, date ______
       If yes, provide the Agency with a copy of the Planning Board’s approval resolution along with the
       related SEQR determination. (NOTE: SEQR determination is required for final approval and
       sales tax agency appointment.)
1. Environmental Review Information
          a. Please attach the appropriate Environmental Impact Forms to your application. Here is a link
             to the SEQR forms: https://extapps.dec.ny.gov/docs/permits_ej_operations_pdf/feafpart1.pdf
          b. Has Lead Agency been established? ☐ No         ☐ Yes, name of Lead Agency
             __________________
              Complete
          c. Have any environmental issues been identified on the property?
             ☐ No ☐ Yes, explain
Onondaga County Industrial Development Agency                                                          Page 6
                                                 Page 41 of 60
               Section III: FINANCIAL AND EMPLOYMENT
                            INFORMATION
    A) Project Costs and Finances
    Description of Costs                                Total Budget Amount
    Land Acquisition                                   $1,400,000
    Site Work/Demo                                     $0
    Building Construction & Renovation                 $150,000
    Furniture & Fixtures                               $50,000
    Equipment                                          $400,000
    Project Soft Cost                                  $0
    Total Project Cost                                 $2,000,000
    Please have documentation available upon request. Do not include OCIDA fees,
    OCIDA application fees or OCIDA legal fees as part of the Total Project Cost.
Sources of Funds for Project Costs:
         1. Bank Financing                                                      $__________________
                                                                                 0
         2. Equity                                                              $__________________
                                                                                 2,000,000
         3. Tax Exempt Bond Issuance (if applicable)                            $__________________
                                                                                 0
         4. Taxable Bond Issuance (if applicable)                               $__________________
                                                                                 0
         5. Total Sources of Funds for Project Costs                            $__________________
                                                                                 2,000,000
         6. Public Sources (Include sum total of all state and federal
             grants and tax credits)                                            $__________________
                                                                                 450,000 over 10 yr
             -Identify each state and federal grant/credit:

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