NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that a public hearing pursuant to Article 18-A of the New York State General Municipal Law will be held by the County of Sullivan Industrial Development Agency (“Agency”) on April 30, 2015 at 10:00 am, local time, in the Town of Tusten Town Hall Meeting Room, 210 Bridge Street, Narrowsburg, New York, 12764, in connection with the following matter:
Rock Meadow Partners, LLC (“Rock”) together with its affiliates, Great Pine, LLC (“Pine”), NARO Building, LLC (“NARO”) and Indian Fields, LLC (“Indian” together with Rock, Pine and NARO are collectively referred to as “Company”) have submitted an application (“Application”), a copy of which is on file with the Agency, requesting the Agency’s assistance with respect to a certain project consisting of(i) the acquisition, construction, renovation, installation and equipping of existing buildings (“Building” or “Existing Building”) situate on three (3) parcels of real estate consisting of approximately 16.58 acres located at 23 Erie Avenue, 7 Erie Avenue and County Road 24/Kirk Road, Town of Tusten (“Town”), County of Sullivan, State of New York and identified on the Town’s tax map Section 10, Block 3, Lots 1 and 19 and Section 10, Block 2, Lot 5.1 (“Land”); (ii) the construction and equipping of the Existing Building; (iii) acquisition, construction and installation thereon and therein of certain furniture, fixtures, machinery, equipment and tools (“Equipment”); (iv) construction of improvements to the Building, the Land and the Equipment (collectively, the Building, the Land and the Equipment are referred to as the “Facility” or the “Project”); and (v) lease of the Facility from the Agency to the Company.
The Agency will acquire title to, or a leasehold interest in, the Facility and lease the Facility back to the Company. 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 (“Financial Assistance”) to the Company in the form of sales and use tax exemption and a mortgage recording tax exemption, consistent with the policies of the Agency, and a partial real property tax abatement.
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, opposed to or otherwise relevant to the proposed Financial Assistance.
Dated: April 15, 2015
By: COUNTY OF SULLIVAN INDUSTRIAL
DEVELOPMENT AGENCY
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