NIAGARA COUNTY INDUSTRIAL DEVELOPMENT AGENCY

NOTICE OF PUBLIC HEARING

            NOTICE IS HEREBY GIVEN that a public hearing pursuant to Article 18-A of the New York General Municipal Law will be held by the Niagara County Industrial Development Agency (the "Agency") on the 12th day of March, 2024, at 2:00 p.m., local time, at the Lockport City Hall, Council Chambers, One Locks Plaza, Lockport, New York 14094, in connection with the following matter:

ISKALO 1 EAST AVENUE LLC and/or an individual(s) or affiliate, subsidiary, or entity or entities 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 that the Agency consider undertaking a project (the "Project") consisting of: (A) the  retention by the Agency of a leasehold interest in, a parcel of land located at 1 East Avenue in the City of Lockport, Niagara County, New York (the "Land"); (B) the renovation of 15,000 square feet of the existing building located on the Land, into a two story microbrewery, tap room and event space to be operated by Big Ditch Brewing Company LLC, (“Improvements”); and (C) the acquisition and installation in and around the Improvements of certain items of machinery, equipment and other tangible personal property (the "Equipment" and collectively with the Land and the Improvements, the "Facility");

The Agency will retain a leasehold interest in the Facility. The Agency contemplates that it will provide financial assistance (the "Financial Assistance") to the Company in the form of sales and use tax exemptions and a mortgage tax exemption consistent with the policies of the Agency.

A representative of the Agency will be at the above-stated time and place to present a copy of the Company's project application and hear and accept written and oral comments from all persons with views in favor of or opposed to or otherwise relevant to the proposed Financial Assistance.

This public hearing is being conducted in accordance with Subdivision 2 of Section 859-a of the New York General Municipal Law.

DATED:  February 26, 2024

                                                                                    NIAGARA COUNTY INDUSTRIAL

                                                                                       DEVELOPMENT AGENCY

                                                                                    By:       Susan C. Langdon

                                                                                                Executive Director