Agenda

Utica Industrial Development Agency

Regular Meeting – Wednesday, December 11, 2024 @ 12:00am

Fort Schuyler Club, Utica, New York and via WebEx

1. Call to Order
2. Approval of Minutes (October 2, 2024)
3. Old Business
4. New Business

         A.   Utica Harbor Lodging Group, LLC
Consider an inducement resolution relating to the Utica Harbor Lodging Group, LLC Facility (a) making a determination relating to SEQR; (b) making a finding that the Residential Project will create employment opportunities and prevent economic deterioration in the City of Utica; (c) granting preliminary approval for financial assistance in the form of exemptions from sales tax (valued at $2,143,751), exemptions from mortgage recording tax (valued at $261,000) and reduction of real property tax for a period of 20 years (valued at $9,104,167), which proposed financial assistance is a deviation from the Agency’s Uniform Tax Exemption Policy; and (d) authorizing the Agency to schedule 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:               2862 070 1474

or joining the meeting at Meeting link: https://cityofutica.webex.com/cityofutica/j.php?MTID=md6eebd2c8e660c70593b3b9f7dd01ef6

Meeting password:     26xJp9k6VK8