notice of public hearing - Global Tissue

09/03/20

CBA
PILOT
Letter to BHIDA

NOTICE IS HEREBY GIVEN that due to the Novel Coronavirus (COVID-19) Emergency State and Federal bans on large meetings or gatherings and pursuant to Governor Cuomo’s Executive Order 202.1 issued on March 12, 2020, as amended to date, permitting local governments to hold public hearings by telephone and video conference and/or similar device, the Public Hearing scheduled for September 15, 2020, at 10:30 a.m., local time, being held by the Town of Brookhaven Industrial Development Agency (the “Agency”), in accordance with the provisions of Article 18-A of the New York General Municipal Law will be held electronically via conference call instead of a public hearing open for the public to attend. Members of the public may listen to the Public Hearing, and comment on the Project (defined below) and the benefits to be granted by the Agency to the Company (defined below) during the Public Hearing, by calling (712) 770-5505 and entering access code 884-124. Comments may also be submitted to the Agency in writing or electronically. Minutes of the Public Hearing will be transcribed and posted on the Agency’s website, all in connection with the following matters:

The Agency has previously provided assistance to First Realty Associates LLC, a limited liability company organized and existing under the laws of the State of New York (the “Company”), and Global Tissue Group, Inc., a business corporation organized and existing under the laws of the State of New York (the “Sublessee”), in the continuing ownership of an approximately 23.4303-acre vacant parcel of land located near the intersection of the northerly side of Long Island Avenue and the westerly side of Patchogue Yaphank Road, West Yaphank, Town of Brookhaven, Suffolk County, New York (further identified as Tax Map. Nos. 0200-663.00-02.00-001.001, 0200-703.00-01.00-030.00, 0200-704.00-01.00-15.001, and 0200-663.00-02.00-003.002), and the construction and equipping thereon of an approximately 166,300 square foot building including, without limitation, the furnishing and equipping of warehouse and distribution space to be used for the manufacturing and distribution of paper products such as facial tissues, bath tissues, napkins and paper towels (collectively, the “Facility”), which Facility is leased by the Agency to the Company pursuant to a certain Lease Agreement, dated as of July 1, 2008 (the “Lease Agreement”), and subleased by the Company to the Sublessee pursuant to a certain Sublease Agreement, dated as of July 1, 2008 (the “Sublease Agreement”), for use by the Sublessee in the manufacturing and distribution of paper products for customers of the Sublessee. In connection with the leasing and subleasing of the Facility, the Agency, the Company and the Sublessee entered into a certain Payment-in-Lieu-of-Tax Agreement, dated as of July 1, 2008 (the “PILOT Agreement”), whereby the Company and the Sublessee agreed to make payments in lieu of property taxes on the Facility (the “PILOT Payments”).

The Company and the Sublessee have now requested the Agency’s assistance in connection with an extension of the abatement of real property taxes on the Facility for a period of up to six (6) years. The Facility will continue to be initially owned, managed and/or operated by the Company.

The Agency contemplates that it will provide financial assistance to the Company and the Sublessee in the form of continued abatement of real property taxes on the Facility consistent with the uniform tax exemption policies (“UTEP”) of the Agency.

A representative of the Agency will, at the above-stated time and place, hear and accept written comments from all persons with views in favor of or opposed to either the proposed financial assistance to the Company and the Sublessee or the location or nature of the Facility. Prior to the hearing, all persons will have the opportunity to review on the Agency’s website (https://brookhavenida.org/), the application for financial assistance filed by the Company and the Sublessee with the Agency and an analysis of the costs and benefits of the proposed Facility.

Dated: September 5, 2020
TOWN OF BROOKHAVEN INDUSTRIAL DEVELOPMENT AGENCY
By: Lisa MG Mulligan
Title: Chief Executive Officer

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