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 3rd day of February, 2022, at 2:00 p.m., local time, in the Conference Room at Niagara County Center for Economic Development, 6311 Inducon Corporate Drive, Sanborn, New York 14132, in connection with the following matter:

 

CVE US E13 Wheatfield, 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 acquisition (or retention) by the Agency of leasehold interest in a parcel of land located on Lockport Road, in the Town of Wheatfield, New York, (the "Land"), (B) the planning, design, construction and operation of a 4MWac solar electrical generation system, including panel foundations, inverters, transformers, interconnect wiring, utility connections, sitework, landscaping, fencing, security and related improvements (collectively the “Improvements”); (C) the acquisition and installation in and around the Land and Improvements by the Company 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 acquire title to, or 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 Company will purchase the Facility from the Agency, or if the Agency holds a leasehold interest, the leasehold interest will be terminated.  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:  January 13, 2022

 

                                                                                    NIAGARA COUNTY INDUSTRIAL

                                                                                       DEVELOPMENT AGENCY

                                                                                    By:  Susan C. Langdon, Executive Director