Public Hearing - Arbor Multifamily Lending, LLC
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 December 23, 2021 at 9:00 a.m. at the Town of Tonawanda Town Hall located at 2919 Delaware Avenue (Town Board Conference Room #20), Kenmore, NY 14217 regarding:
Arbor Multifamily Lending, LLC, 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 located at 500 Colvin Woods Parkway, Town of Tonawanda, Erie County, New York (the “Project”) consisting of: (i) the renovation and updating of the second floor which consists of 30,000+/- sq. ft. to office and meeting spaces (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 Improvements, the “Facility”). The Facility will be initially operated and/or managed by the Company.
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 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. This public hearing is being live-streamed and made accessible on the Agency’s website at www.ecidany.com. Written comments may be submitted at this public hearing, submitted on the Agency’s website, or delivered to the Agency at 95 Perry Street-Suite 403, Buffalo, NY 14203 until the comment period closes at 4:00 p.m. on January 25, 2022. 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)
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