Agenda

Utica Industrial Development Agency

Regular Meeting – Wednesday, December 6, 2023 @ 9:00am

Utica City Hall, Utica, New York and via WebEx

1. Call to Order

2. Approval of Minutes (October 11, 2023)

3. Old Business

3A. Utica Harbor Lodging Group LLC - Consider an inducement resolution relating to the Utica Harbor Lodging Group LLC Facility, providing preliminary approval for financial assistance in the form of exemptions from sales tax (valued at $5,031,250.00), exemptions from mortgage recording tax (valued at $525,000.00) and reduction of real property tax for a period of 20 years during which time the Company will pay an annual fixed PILOT Payment of $70,000.00 (valued at $36,672,156.00), which financial assistance is a deviation from the Agency’s Uniform Tax Exemption Policy and authorizing the Agency to conduct a public hearing.

4. New Business

5. Executive Session (if required)

6. Adjourn

Members of the public may listen to the Agency meeting by calling 1-408-418-9388,

Access code:                     2631 321 2852

or joining the meeting at Meeting link:

https://cityofutica.webex.com/cityofutica/j.php?MTID=m856e497aedce76188d4ef08672ed0189

Meeting password:     PRp2EZEaz62

The Minutes of the Agency meeting will be transcribed and posted on the UIDA website.