Agenda
Utica Industrial Development Agency
Regular Meeting – Wednesday, March 23, 2022 @ 9:00am
Utica City Hall, Utica, New York and via WebEx
1. Call to Order
2. Approval of Minutes (January 12, 2021)
3. Old Business
a. 1002 Oswego Street, LLC - Consider a final authorizing resolution relating to the 1002 Oswego Street, LLC Facility, approving financial assistance in the form of sales and use tax exemptions (value estimated at $218,750.00); mortgage recording tax exemptions (value estimated at $18,750.00) and real property tax abatement (value estimated at $149,769.00), which is a deviation from the Agency’s Uniform Tax Exemption Policy, and authorizing the form and execution of related documents, subject to counsel review.
b.Carbone Commercial Property, LLC - Consider a request from Carbone Commercial Property, LLC to increase the value of the sales tax exemption.
c. 268 Genesee Street, LLC - Ratify action taken to extend the time of a sales tax exemption relating to the 268 Genesee Street, LLC
4. New Business
a. Sturges Manufacturing - Consider an inducement resolution relating to the Sturges Manufacturing Facility, granting preliminary approval for financial assistance in the form of exemptions from sales tax (value estimated at $83,267). It is not necessary to conduct a public hearing as financial assistance is less than $100,000. Also, consider a SEQR resolution relating to the Sturges Manufacturing
b. Review correspondence from ABO relating to online posting requirements.
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: 2630 252 2575
or joining the meeting at Meeting link:
https://cityofutica.webex.com/cityofutica/j.php?MTID=m401d90866ace03d28730aa656d5cef1b
Meeting password: saWW6eNqc52
The Minutes of the Agency meeting will be transcribed and posted on the UIDA website.
Agenda
Utica Industrial Development Agency
Annual Meeting – Wednesday, March 23, 2022 @ 9:00am
City Hall, Utica, New York via WebEx
1. Call to Order
2. Approval of Minutes (February 3, 2021)
3. Old Business
a. Confirmation of Officers
b. Ratification of action taken by UIDA in 2021
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: 2630 252 2575
or joining the meeting at Meeting link:
https://cityofutica.webex.com/cityofutica/j.php?MTID=m401d90866ace03d28730aa656d5cef1b
Meeting password: saWW6eNqc52
The Minutes of the Agency meeting will be transcribed and posted on the UIDA website.
