Agenda
Utica Industrial Development Agency
Regular Meeting – Wednesday, April 5, 2023 @ 9:00am
Utica City Hall, Utica, New York and via WebEx

I. Call to Order

II. Approval of Minutes (March 22, 2023)

III. Old Business
A.

IV. New Business
     A. 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 $1,312,500.00), exemptions from
mortgage recording tax (valued at $311,000.00) and reduction of real property tax for a
period of 30 years during which time the Company will pay an annual fixed PILOT Payment
of $70,000.00 (valued at $28,868,978.00), which financial assistance is a deviation from the
Agency’s Uniform Tax Exemption Policy and authorizing the Agency to conduct a public
hearing.

B.

V. Executive Session (if required)

VI. Adjourn

Members of the public may listen to the Agency meeting by calling 1‐408‐418‐9388,
Access code: 2630 262 0697 or joining the meeting at Meeting link:
https://cityofutica.webex.com/cityofutica/j.php?MTID=m1bed1783d9bc1931bca506269e3959ea
Meeting password: Y3WhWAeVk24

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