NOTICE OF PUBLIC HEARING
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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 Steuben County Industrial Development Agency (the "Agency") on Thursday, March 19, 2026, at 11:00 a.m., local time, at the offices of the Agency at 7234 Route 54 North, Bath, New York 14810, in connection with the following matter:
The Agency previously undertook a certain project (the "2022 Project") for the benefit of Louisiana-Pacific Corporation (the "Company") consisting of: (i) the acquisition of a leasehold or other interest in certain real property located at 6945 and 6946 County Route 113 in the Town of Bath, New York (the "Land", being more particularly identified as tax parcel No. 144.00-02-009.112); (ii) the planning, design, construction and operation of an approximately 80,000 square foot manufacturing facility (collectively, the "2022 Improvements"); and (iii) the acquisition of and installation in and around the Land and the 2022 Improvements by the Company of certain items of machinery, equipment and other tangible personal property (the "2022 Equipment"; and, together with the Land and the 2022 Improvements, the "2022 Facility").
In furtherance of the 2022 Project, the Agency and Company entered into (i) a Project Agreement, (ii) a Lease Agreement, (iii) a Leaseback Agreement, (iv) a Tax Agreement, and (iv) related documents (collectively, the "2022 Agency Documents"), whereby the Agency appointed the Company to undertake the 2022 Project and provided the Company with certain forms of financial assistance (the "2022 Financial Assistance").
The Company has submitted an application (the "Application") to the Agency requesting the Agency's assistance with a certain project (the "Project") consisting of: (i) the retention by the Agency of a leasehold interest in the Land containing the 2022 Improvements (collectively, the "Existing Improvements", all being comprised of approximately 80,000 square feet of existing manufacturing space and related exterior improvements); (ii) the planning, design, construction and operation of an approximately 46,200 square foot addition to the 2022 Improvements for an aggregate total of approximately 126,200 square feet of manufacturing and warehousing space to be owned by the Company, along with related utility and site improvements, parking lots, access and egress improvements, signage, curbage, sidewalks, landscaping and stormwater retention improvements (collectively, the "Improvements"); (iii) the acquisition of and installation in and around the Land, the Existing Improvements and the Improvements by the Company of machinery, equipment, fixtures and other items of tangible personal property (the "Equipment"; and, collectively with the Land, the Existing Improvements and the Improvements, the "Facility"), such Project to be undertaken by the Agency and Company primarily through an the amendment of the 2022 Agency Documents.
The Agency will acquire and/or retain 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, consistent with the policies of the Agency, and a partial real property tax abatement.
The Agency will provide access to the public hearing by broadcasting the public hearing in real time online at:
https://us02web.zoom.us/j/81142147729?pwd=Z90uGTn7la7Jgwa1Vk5LiLtSU9wq7K.1
The Agency encourages all interested parties to submit written comments to the Agency, which will be included within the public hearing record. Any written comments may be sent to Steuben County Industrial Development Agency, Attention: Jill Staats, Deputy Director of Operations, 7234 Route 54 North, P.O. Box 393, Bath, New York 14810, and/or via email at jstaats@steubencountyida.com no later than Wednesday, March 18, 2026.
A representative of the Agency will be at the above-stated time and place to present a copy of the Company's 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: March 6, 2026
STEUBEN COUNTY INDUSTRIAL DEVELOPMENT AGENCY
March 6 2026
LNYS0471081