NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the County of Chautauqua Industrial Development Agency (the “Agency”) will host a public hearing on February 7, 2018 at 11:00 a.m. local time, at the Town of Busti, Town Building, 125 Chautauqua Avenue, Lakewood, County of Chautauqua, New York, pursuant to Section 859-a of the General Municipal Law, as amended (the “Act”). The purpose of the public hearing is to provide an opportunity for all interested parties to present their views with respect to the “Project” (as defined below) both orally and in writing. A representative of the Agency will accept any comments at the above-stated place and time and provide the same to the Agency’s members.
2071 Stoneman, LLC, a New York Limited Liability Company wholly owned by Allan B. Steinberg (the “Applicant”) owns or plans to own the 10.482 acre property located at 2071 Stoneman Circle, Lakewood, County of Chautauqua, New York 14750 (the “Property”); wherein exists a manufacturing facility that is currently leased to Classic Brass Inc. and Southern Tier Distilling Company (together, the “Tenants”).
The Applicant presented an application (the “Application”) to the Agency, which Application requested that the Agency consider undertaking a project (the “Project”) consisting of: (A) the Agency’s acquisition of an interest in the Property, any and all buildings on the Property and potential driveway, parking, landscaping and related improvements to the Property (collectively the “Facility”), all of the foregoing for use by the Applicant to rent to the Tenants for manufacturing, warehousing, commercial and industrial purposes with the goal of retaining existing jobs at the Property; (B) the granting of certain “financial assistance” (within the meaning of Section 854(14) of the Act) with respect to the foregoing, including potential exemptions or partial exemptions from mortgage recording taxes and real property taxes (but not special assessments or ad valorem levies) (collectively, the “Financial Assistance”); and (C) the lease (with an obligation to purchase) or sale of the Project Facility to the Applicant or such other entity as may be designated by the Applicant and agreed upon by the Agency.
The Project Facility would be initially owned, operated and/or managed by the Applicant or such other entity as may be designated by the Applicant and agreed upon by the Agency (the Applicant or such other entity, the “Company”).
Copies of the Application, including an analysis of the costs and benefits of the Project, are available for review by the public online at www.ccida.com, or at the offices of the Agency located at 201 West Third Street, Suite 115, Jamestown, NY 14701 and 214 Central Avenue, Suite 124, Dunkirk NY 14048 by appointment. To schedule an appointment, or for additional assistance, contact the Agency at (716) 661-8900.
Dated: January 25, 2018
COUNTY OF CHAUTAUQUA INDUSTRIAL
Richard E. Dixon
Chief Financial Officer