WEBVTT 1 "jspaeth@cityofutica.com" (2741620736) 00:00:05.370 --> 00:00:24.420 Okay, not everybody coming up tonight? No, NO NO, alright meeting to order, we get approval of the minutes 20 August 2025. John, second. All in favor. So old. 2 "jspaeth@cityofutica.com" (2741620736) 00:00:24.420 --> 00:00:44.420 Old business Jack. We have true storage, two pieces on this one is retail findings so consider a statement of retail findings relating to the true storage Udica LLC facility and directing the agency to request the mayor of Udica to execute a. 3 "jspaeth@cityofutica.com" (2741620736) 00:00:44.420 --> 00:01:02.010 Certificate of chief executive officer confirming financial assistance to a retail facility, right? There's NO questions can get a motion? Second. I both so hold. 4 "jspaeth@cityofutica.com" (2741620736) 00:01:02.010 --> 00:01:22.010 Consider a final authorizing resolution relating to the true storage Utica LLC facility approving financial assistance in the form of exemptions from sales tax valued at 206 $262500 exemptions from mortgage recording tax valued at 30. 5 "jspaeth@cityofutica.com" (2741620736) 00:01:22.010 --> 00:01:31.290 $7500 and reduction of real property tax for a period of five years valued at $242042. 6 "jspaeth@cityofutica.com" (2741620736) 00:01:31.290 --> 00:01:48.480 Which financial assistance is consistent with the agency's uniform tax exemption policy and are and authorizing the form and execution of related documents subject to council approval and all subject to obtaining the certificate of the chief executive officer. 7 "jspaeth@cityofutica.com" (2741620736) 00:01:48.480 --> 00:02:06.660 Check, did you conduct a public hearing project? No comments. Any comments. Thank you. So move. 8 "jspaeth@cityofutica.com" (2741620736) 00:02:06.660 --> 00:02:26.660 See red C or red at Aroundex LLC, this is to approve a final authorizing resolution relating to the red at Aroundex LLC facility approving financial assistance in the form of a. 9 "jspaeth@cityofutica.com" (2741620736) 00:02:26.660 --> 00:02:46.660 Exemptions from sales tax, valued at $183750. Exemptions from mortgage recording tax value at $30000 and reduction of real property tax for a period of ten years valued at $1059968, which pilot agreement is assignable to a. 10 "jspaeth@cityofutica.com" (2741620736) 00:02:46.660 --> 00:02:49.770 The purchaser of a unit which financial assistance. 11 "jspaeth@cityofutica.com" (2741620736) 00:02:49.770 --> 00:03:06.870 Is a deviation of the agency's uniform tax exemption policy and approving the form and execution of related documents subject to council approval. We had a public hearing on this one? We had a public hearing with NO comments. Only one. 12 "jspaeth@cityofutica.com" (2741620736) 00:03:06.870 --> 00:03:22.620 I've only had like I think one, one project dearfield, and they the all the guys were dressed in like the, the neon yellow or neon green, and there was probably 20 of them in the in the comic council chambers. 13 "jspaeth@cityofutica.com" (2741620736) 00:03:22.620 --> 00:03:38.820 Cause they were, you know, hard, you know, had, had an issue, but that's like the only time so I'll move second. 14 "jspaeth@cityofutica.com" (2741620736) 00:03:38.820 --> 00:03:57.840 New business. Next is in your packets was information regarding the UC DC service agreement. So we're here to consider a resolution relating or authorizing the agency to enter into a service agreement with the. 15 "jspaeth@cityofutica.com" (2741620736) 00:03:57.840 --> 00:04:13.140 Utilica civic development corporation and approving the form and execution of related documents subject to cancel approval. Questions on this? If not motion? I'll move it again. Bye. 16 "jspaeth@cityofutica.com" (2741620736) 00:04:13.140 --> 00:04:31.404 All favor. Both so moved. We don't need executive session. No. Ocean to adjourney, so moved. I can all favor? A moved and then when you're ready for the next one.