Foothills Development, LLC - Public Hearing
Thursday, April 8th, 2021
NOTICE IS HEREBY GIVEN that a public hearing pursuant to A1ticle 18-A of the New York State General Municipal Law, will be held by the Herkimer County Industrial Development Agency (the
"Agency") on the 19th day of April 2021, at 8:30 AM, local time in connection with the following matter:
FOOTHILLS DEVELOPMENT, LLC (the "Company"), requested that the Agency consider unde1taking a project for the benefit of the company as follows: (i) to provide assistance through sales tax and mortgage tax incentives for the constructing, equipping, and financing of the below described project Facility and real prope1ty tax relief in the form of a Payment in Lieu of Tax Agreement (the "Assistance"), (ii) to acquire, construct, equip, and finance the Facility or to cause the Facility to be constructed, equipped, and financed; and (iii) to lease (with an obligation to purchase) or sell the Facility to the Company or such other person as may be designated by the Company and agreed upon by the Agency.