Agenda

Utica Industrial Development Agency

Regular Meeting – Wednesday, February 8, 2023 @ 9:00am

Utica City Hall, Utica, New York and via WebEx

1. Call to Order

2. Approval of Minutes (December 14, 2022)

3.        Old Business

     A. Impact Utica – Chancellor Broad LLC (Chancellor Apartments) - Consider a final authorizing resolution relating to the Impact Utica – Chancellor Broad LLC (Chancellor Apartments) Facility, approving financial assistance in the form of exemptions from sales tax (valued at $875,000) and real property tax abatement (valued at $5,784,640), which financial assistance 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. Impact Utica – Chancellor Broad LLC (Broad Street Apartments) – Consider a final authorizing resolution relating to the Impact Utica – Chancellor Broad LLC (Broad Street Apartments) Facility, approving financial assistance in the form of exemptions from sales tax (valued at $1,750,000) and real property tax abatement (valued at $5,219,664), which financial assistance is a deviation from the Agency’s Uniform Tax Exemption Policy and authorizing the form and execution of related documents, subject to counsel review.

     C. Johnson Park Green Living LLC - Accept amended application materials relating to the Johnson Park Green Living LLC Facility.    

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:         2633 533 5748      or joining the meeting at Meeting link:

https://cityofutica.webex.com/cityofutica/j.php?MTID=m56a1042b4c2e4986d132ad648f558513Meeting password:     3AYmNB87V3V

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