UIDA 7-9-25

UIDA meeting

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Agenda

 

Utica Industrial Development Agency

Regular Meeting – Wednesday, July 9, 2025 @ 8:30am

Utica City Hall, Utica, New York and via WebEx

 

1. Call to Order

2. Approval of Minutes – May 7, 2025

3. Old Business

     a. 1400 Broad – Sales Tax Exemption extension – request to extend

 4. New Business

      a. Mac-Clark Properties – Application materials can be found on Project Information page

  1. Consider a resolution relating to the Mana Properties, LLC facility, consenting to the sale of and assignment of existing lease-leaseback documents to Mac-Clark Properties, LLC and authorizing the form and execution of related documents.

    2. Consider a SEQR resolution relating to the Mac-Clark Properties, LLC facility.

     3. Consider an inducement resolution relating to the Mac-Clark Properties, LLC facility, granting preliminary approval for financial assistance in the form of exemptions from sales tax (valued at $10,938.00), exemptions from mortgage recording tax (valued at $9,000.00) and reduction of real property tax for a period of five years (valued at $12,292.00), which financial assistance is consistent with the Agency’s Uniform Tax Exemption Policy, and authorizing the Agency to conduct a public hearing.

 b. DePaul – Columbia Sq. – Application materials can be found on Project Information page

  1. Consider a SEQR resolution relating to the DePaul Columbia Square, L.P. facility.

     2. Consider an inducement resolution relating to the DePaul Columbia Square, L.P. facility, granting preliminary approval for financial assistance in the form of reduction of real property taxes for approximately 31 years (valued at $10,143,535), which Financial Assistance is a deviation from the Agency’s Uniform Tax Exemption Policy, making certain findings with respect to the facility, and authorizing the Agency to conduct a public hearing.

 

 5. Executive Session (if required)

 6. Adjourn

 

Members of the public may listen to the meeting by calling

 1-408-418-9388, Access code:                         2870 752 4962      or joining the meeting at Meeting link:

https://cityofutica.webex.com/cityofutica/j.php?MTID=m5951837551cb4d5e01c47031e3162a6f

Meeting password:         6tkHtd7aKp8

 

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