Iroquois Bar Corp. Public Hearing held September 27, 2016
NOTICE OF PUBLIC HEARING
Pursuant
to Article 18-A of NYS General Municipal Law, the Erie County Industrial
Development Agency (the "Agency") will hold a public hearing on September 27,
2016 at 9:00 a.m. at the City of Lackawanna, City Hall, 714 Ridge Road-Council
Chambers, Lackawanna, NY 14218 regarding:
Iroquois Bar
Corp., and/or Individual(s) or Affiliate(s), Subsidiary(ies), or Entity(ies)
formed or to be formed on its behalf (the "Company"), has submitted an
application to the Agency (a copy of which is on file at the office of the
Agency) requesting the Agency to undertake a certain project (the
"Project") consisting of: (i)
a portion of land located at 155 Commerce Drive, Lackawanna, New York (the
"Land") to be improved thereon with a 13,600+/- SF addition to the
existing facility to be utilized as additional fabrication, warehouse and maintenance
areas and the renovation of existing shop space to convert a portion into
office space with the remaining portion to allow more room for existing rebar
fabrication and manufacturing operations (the "Improvements"), and (ii) the
acquisition and installation by the Company of certain items of machinery,
equipment and other tangible personal property (the "Equipment," and
collectively with the Land and Improvements, the "Facility").
The Agency will
acquire a leasehold interest in the Facility and lease the Facility back to the
Company. The Company will operate the
Facility during the term of the lease.
At the end of the lease term, the leasehold interest will be
terminated. The Agency contemplates that
it will provide financial assistance to the Company for qualifying portions of
the Project in the form of sales and use tax exemption benefits, mortgage
recording tax exemption benefits, and real property tax abatement benefits consistent
with the policies of the Agency.
A representative
of the Agency will be present at the above-stated time and place to present a
copy of the Application and hear and accept written and oral comments from all
persons with views in favor of or opposed to the proposed financial assistance. Written comments may be submitted at this
public hearing or delivered to the Agency at 95 Perry Street-Suite 403,
Buffalo, NY 14203 until the comment period closes on October 25, 2016. The project application is available for
public inspection at the Agency's offices Monday through Friday (excluding
public holidays) from 9:00 a.m. until 4:00 p.m.
This public hearing is being conducted in accordance with Subdivision 2 of Section 859-a of the New York General Municipal Law.
Click here for a copy of the application (PDF)
Click here for a copy of the public Hearing Transcript (PDF)
If you would like to submit a comment regarding the project,
please use the form below. Alternately,
you mail also e-mail us directly at info@ecidany.com. Comments will be accepted up until October
25, 2016 at 4:00 p.m.