UIDA meeting

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Agenda

 

Utica Industrial Development Agency

Re-scheduled Regular Meeting – Tuesday, October 13, 2020 @ 8:30am

City Hall, Utica, New York via WebEx

I. Call to Order

II. Approval of Minutes (August 4, 2020)

III.       Old Business

  1. Doyle Hardware Building, LLC - Consider a resolution relating to the refinancing of the Doyle Hardware Building, LLC Facility, approving the form and execution of related documents. (The Company is converting its construction financing to permanent financing; it is not requesting any benefit be extended to the transaction.)

   2. 268 Genesee Street, LLC – Consider a resolution to extend the Sales Tax Exemption

IV. New Business

1. 1002 Oswego Street, LLC - Consider an inducement resolution relating to the expansion of the 1002 Oswego Street, LLC (United Auto Supply) Facility, providing preliminary approval for financial assistance in the form of exemptions from sales tax, exemptions from mortgage recording tax, and reduction of real property tax, which is a deviation from the Agency’s Uniform Tax Exemption Policy, and authorizing the Agency to conduct a public hearing. Consider a SEQR resolution relating to the 1002 Oswego Street, LLC (United Auto Supply) Facility.

2. 2021 UIDA Budget – Consider approval of 2021 UIDA Budget

V. Executive Session (if required)

VI. Adjourn

 

Because of the Novel Coronavirus (COVID-19) Emergency and State and Federal bans on large meetings or gatherings and pursuant to Governor Cuomo’s Executive Order 220.1 issued on March 12, 2020 suspending the Open Meetings Law, the City of Utica Industrial Development Agency Meeting scheduled for October 13, 2020 will be held electronically via live stream instead of a public meeting open for the public to attend in person. Members of the public may listen to the Agency meeting by calling 1-408-418-9388, Access code: 132 915 7428 or joining the meeting at Meeting link:

https://cityofutica.webex.com/cityofutica/j.php?MTID=mfd4281fb70b6e4b2fa26cb92e8177efa

Meeting number:     132 915 7428

Meeting password: qKYGQ6Qmp63