Purchase Offer Authorization Resolution — Rs Purchase Offer Authorization

RESOLUTION
A regular meeting of the Onondaga County Industrial Development Agency (“the
Agency”) was convened in public session on April 10, 2025, at 8:30 a.m., local time, at 335
Montgomery Street, 2"! Floor, Syracuse, New York:
The meeting was called to order by the (Vice) Chairperson of the Agency and, upon roll
being called, the following members of the Agency were:
PRESENT: Patrick Hogan
Janice Herzog
Susan Stanezyk
Elizabeth Dreyfuss
Cydney Johnson
Fanny Villarreal
ABSENT: Garard Grannell
ALSO PRESENT: Robert M. Petrovich, Executive Director
Jeffrey W. Davis, Esq., Agency Counsel
Amanda M. Fitzgerald, Esq. Agency Counsel
The following resolution was offered by Susan Stanezyk, seconded by Janice Herzog, to
wit:

RESOLUTION AUTHORIZING THE EXECUTION OF AN
AGREEMENT FOR PURCHASE AND SALE OF REAL
PROPERTY.
WHEREAS, the Agency is authorized and empowered by the provisions of Chapter 1030
of the 1969 Laws of New York, constituting Title 1 of Article 18-A of the General Municipal Law,
Chapter 24 of the Consolidated Laws of New York, as amended (the “Enabling Act’), Chapter 435
of the Laws of 1970 of the State of New York and Chapter 676 of the Laws of 1975 of the State of
New York, as amended (said Chapter and the Enabling Act being hereinafter collectively referred
to as the “Act”) to promote, develop, encourage and assist in the acquiring, constructing,
reconstructing, improving, maintaining, equipping and furnishing of manufacturing, warehousing,
research, commercial and industrial facilities, among others, for the purpose of promoting,
attracting and developing economically sound commerce and industry to advance the job
opportunities, health, general prosperity and economic welfare of the people of the State of New
York (the “State”), to improve their prosperity and standard of living, and to prevent
unemployment and economic deterioration; and

WHEREAS, to accomplish its stated purposes, the Agency is authorized and empowered
under the Act to acquire, construct, reconstruct and install “projects” (as defined in the Act) or to
cause said projects to be acquired, constructed, reconstructed and installed, and to convey said
projects or to lease said projects with the obligation to purchase; and
WHEREAS, the Agency believes acquiring property that becomes currently available can
spur economic growth by eliminating property acquisition time and costs for developers with the
ability to bring various industries to Onondaga County; and
WHEREAS, certain persons (collectively, the “Seller”) own certain parcels of real property
located at 8538 Caughdenoy Road (Tax Map No. 064.-01-06.2) in the Town of Clay, County of
Onondaga, State of New York, all of which are located within the expanded footprint of the Park
(the “Property”); and
WHEREAS, the Seller has submitted to the Agency a real estate purchase agreement (the
“Purchase Agreement”) specifying the terms and conditions pursuant to which the Seller would
agree to sell the Property to the Agency; and
WHEREAS the Executive Director has negotiated the Purchase Agreement with the
guidance of Agency counsel and finds the terms to be fair and satisfactory for the Agency; and
WHEREAS, the Agency desires to purchase the Property from the Seller pursuant to the
terms of the Purchase Agreement.

NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE ONONDAGA
COUNTY INDUSTRIAL DEVELOPMENT AGENCY AS FOLLOWS:
Section 1. It is the policy of the State to promote the economic welfare, recreation
opportunities and prosperity of its inhabitants and to actively promote, attract, encourage and
develop recreation and economically sound commerce and industry for the purpose of preventing
unemployment and economic deterioration. It is among the purposes of the Agency to promote,
develop, encourage and assist in the acquiring. constructing, improving, maintaining, equipping
and furnishing of certain facilities, including commercial facilities, and thereby advance the job
opportunities, health, general prosperity and economic welfare of the people of the State and to
improve their recreation opportunities, prosperity and standard of living.
Section 2. The form and substance of the Purchase Agreement (in substantially the
form presented to this meeting and which, prior to the execution and delivery thereof, may be
redated) are hereby approved.
Section 3. (A) The Executive Director is hereby authorized, on behalf of the Agency,
to execute and deliver the Purchase Agreement in substantially the form thereof presented to this
meeting; and (B) the Executive Director is hereby further authorized, on behalf of the Agency, to
designate any additional Authorized Representatives of the Agency.

Section 4. The Chairperson, Vice Chairperson and/or Executive Director of the
Agency are hereby authorized and directed to distribute copies of this Resolution and to do such
further things or perform such acts as may be necessary or convenient to implement the provisions
of this Resolution.
Section 5. This Resolution shall take effect immediately upon adoption.
The question of the adoption of the foregoing Resolution was duly put to a vote on roll call,
which resulted as follows:

AYE NAY ABSENT
Patrick Hogan x
Garard Grannell x
Janice Herzog x
Cydney Johnson x
Elizabeth Dreyfuss Xx
Susan Stanezyk x
Fanny Villarreal Xx
The Resolution was thereupon declared duly adopted.

STATE OF NEW YORK )
) ss.
COUNTY OF ONONDAGA )
I, the undersigned Secretary of the Onondaga County Industrial Development Agency, DO
HEREBY CERTIFY that I have compared the foregoing extract of the minutes of the meeting of
the members of the Agency, including the Resolution contained therein, held on April 10, 2025,
with the original thereof on file in my office, and that the same is a true and correct copy of such
proceedings of the Agency and of such Resolution set forth therein and of the whole of said original
so far as the same relates to the subject matter therein referred to.
I FURTHER CERTIFY that (A) all members of the Agency had due notice of said meeting,
(B) said meeting was in all respects duly held, (C) pursuant to Article 7 of the Public Officers Law
(the “Open Meetings Law’) said meeting was open to the general public and due notice of the time
and place of said meeting was duly given in accordance with such Open Meetings Law, and (D)
there was a quorum of the members of the Agency present throughout said meeting.
I FURTHER CERTIFY that as of the date hereof, the attached Resolution is in full force
and effect and has not been amended, repealed, or rescinded.
IN WITNESS WHEREOF, I have hereunto set my hand this 10 day of April, 2025.
an dp Arn R odun KH
(SEAL) Alexis Rodtiguez, Secreta