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NOTICE OF PUBLIC HEARING
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NOTICE IS HEREBY GIVEN that the County of Chautauqua Industrial Development Agency (the “Agency”) will hold a public hearing on April 24, 2023, at 10:00 a.m., local time, at Eason Hall North Room (Court Room), 23 Elm Street, Westfield, NY 14787, Village of Westfield, Town of Westfield, County of Chautauqua, New York, pursuant to Section 859-a of the General Municipal Law, as amended (the “Act”). The purpose of the public hearing is to provide an opportunity for all interested parties to present their views with respect to the “Project” and the “Financial Assistance” (as such terms are defined below).
2 PORTAGE LLC, a limited liability company duly organized and existing under the laws of the State of New York (the “Applicant”), presented an application for financial assistance (the “Application”) to the Agency, which Application requested that the Agency consider undertaking a project (the “Project”) consisting of the following: (A)(1) the acquisition of an interest in certain parcels of land located at 2-4, 18, 22-24, 26, 32 and 34 S. Portage Street, Village of Westfield, Town of Westfield, Chautauqua County, New York (collectively, the “Land”), (2) the renovation and adaptive rehabilitation of the existing approximately 48,700 square foot former Welch’s Building on the Land (collectively, the “Improvements”), and (3) the acquisition and installation of certain furniture, fixtures, machinery and equipment necessary for the completion thereof (the “Equipment” and together with the Land and the Improvements, collectively, the “Project Facility”), all of the foregoing for use by the Applicant and/or its affiliates as a mixed-use affordable and market rate rental housing and commercial retail facility; (B) the granting of certain “financial assistance” (within the meaning of Section 854(14) of the General Municipal Law) with respect to the foregoing; and (C) the lease (with an obligation to purchase), license or sale of the Project Facility to the Applicant or such other entity(ies) as may be designated by the Applicant and agreed upon by the Agency.
The Project Facility would be initially owned, operated and/or managed by the Applicant (or such other designated entity(ies)).
The Applicant (or such other designated entity(ies)) would receive financial assistance from the Agency in the form of potential exemptions or partial exemptions from real property taxes, mortgage recording taxes and sales and use taxes (collectively, the “Financial Assistance”).
A representative of the Agency will hear and accept any comments that are made orally at the above-stated time and place. Comments may also be submitted to the Agency in writing or electronically to: morabitk@chqgov.com.
A representative of the Agency will provide a report or reasonable summary of all such comments to the Agency’s members.
Subject to applicable law, copies of the Application, including an analysis of the costs and benefits of the Project, are available for review by the public online at www.ccida.com.
The public hearing will be streamed on the Agency’s website in real-time and a recording of the public hearing will be posted on the Agency’s website, all in accordance with Section 857 of the New York General Municipal Law, as amended.
Dated: April 13, 2023
COUNTY OF CHAUTAUQUA INDUSTRIAL DEVELOPMENT AGENCY
By: Mark Geise
CEO/Executive Director
Additional Filed: