NOTICE OF SUPPLEMENTAL PUBLIC HEARING
_____________________
NOTICE IS HEREBY GIVEN that a supplemental public hearing pursuant to Article 18-A of the New York General Municipal Law (the "Act") will be held by the Tompkins County Industrial Development Agency (the "Agency") on Monday, May 4, 2026, at 10:00 a.m. at the Village of Lansing Village Hall at 2405 North Triphammer Road, Ithaca, New York 14850, in connection with the matter described below.
BACKGROUND STATEMENT: the Agency previously undertook a certain project (the "Project") for the benefit of PROSTAR TECHNOLOGIES, INC. d/b/a VISIUM (formerly d/b/a LIT THINKING) (the "Company"), consisting of: (i) the redevelopment of a certain 5.76 acre parcel of land located at 10 Brown Road, Village of Lansing, Tompkins County, New York (the "Land", being more particularly identified as tax parcel No. 45.1-1-52.22) along with the existing improvements located thereon consisting of an approximately 5,000 square foot commercial building and related site and parking improvements (collectively, the "Existing Improvements"), (ii) the planning, design, engineering and reconstruction of the Existing Improvements (collectively, the "Improvements"), and (iii) the acquisition and installation in and around the Land and Improvements of certain machinery, equipment and other items of tangible personal property (the "Equipment", and collectively with the Land, the Existing Improvements and the Improvements, the "Facility").
Pursuant to certain correspondence, the Company is requesting the Agency's assistance with the provision of additional financial assistance to the Company in the forms of an increase in an exemption from all state and local sales and use taxes with respect to the qualifying personal property included in or incorporated into the Facility or used in the construction and equipping of the Facility in connection with the Improvements and Equipment, (the "2026 Financial Assistance").
In accordance with Section 859-a of the Act, a representative of the Agency will be at the above-stated time and place to present on the contemplated 2026 Financial Assistance. The Agency will also live stream the public hearing through its webpage and also encourages all interested parties to submit written comments, which will all be included within the public hearing record. Any written comments may be sent to Tompkins County Industrial Development Agency, 119 E. Seneca Street, Suite 200, Ithaca, New York 14850, Attn: Kellea Bauda, Administrative Director and/or via email at inaa@ithacaareaed.org, with the subject line being "Prostar Technologies, Inc. d/b/a Lit Thinking", no later than 4:00 p.m. on May 1, 2026.
Dated: April 20, 2026
TOMPKINS COUNTY INDUSTRIAL DEVELOPMENT AGENCY
April 20 2026
LNYS0500773