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Notice of Public Hearing

Notice of Public Hearing 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 TOMPKINS COUNTY INDUSTRIAL DEVELOPMENT AGENCY (the "Agency") on September 30, 2025 at 4:30 p.m. at the Town of Lansing Town Hall, 29 Auburn Road, Room 106, Lansing, New York 14882 in connection with the matter described below. YELLOW BARN SOLAR, LLC, for itself and/or on behalf of an entity or entities formed or to be formed (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 acquisition by the Agency of a leasehold interest in all or a portion of certain parcels of real property comprised of approximately 512 acres located in the Towns of Lansing and Groton, Tompkins County, New York (the "Land", being more particularly identified in Exhibit A attached hereto); (ii) the planning, design, construction and operation of a 160MWac solar electrical generation system, including panel foundations, inverters, transformers, interconnect wiring, utility connections, sitework, landscaping, fencing, security and related improvements (collectively, the "Improvements"); (iii) the acquisition of and installation in and around the Land and Improvements by the Company of machinery, equipment, fixtures and other items of tangible personal property (the "Equipment" and, collectively with, the Land and the Improvements, the "Facility"). The Agency will acquire title to or a leasehold interest in the Facility (as well as an interest in the Equipment) and lease the Facility back to the Company. The Company will own and 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 a sales and use tax exemption and mortgage recording tax exemption, consistent with the policies of the Agency, and a partial real property tax abatement structured under an agreement or agreements between the Company and the Agency regarding payments in lieu of real property taxes for the benefit of each municipality having taxing jurisdiction over the Facility. 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. The Agency will broadcast the public hearing live on YouTube at the following LIVE STREAM LINK: https://tinyurl.com/weo3tkk. The Agency also 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 the Agency at: Tompkins County Industrial Development Agency, Attention: Ina Arthur, 119 East Seneca Street, Suite 200, Ithaca, New York 14850 and/or via email at info@ithacaareaed.org, with the subject line being "Yellow Barn Solar, LLC", no later than 1:00 p.m. on September 29, 2025. Dated: September 20, 2025 TOMPKINS COUNTY INDUSTRIAL DEVELOPMENT AGENCY EXHIBIT A Parcel Address Tax Parcel ID 546 Cobb Street, Groton, NY 13073 24.-1-14 140 Durfee Road, Groton, NY 13073 24.-2-11.32 441 Cobb Street, Groton, NY 13073 33.-1-3.22 Pleasant Valley Road, Groton, NY 13073 33.-1-24.5 200 Cobb Street, Groton, NY 13073 34.-1-4 Brown Road, Groton, NY 13073 34.-1-27 921 Pleasant Valley Road, Groton, NY 13073 34.-1-1.1 Cobb Street, Groton, NY 13073 34.-1-25.2 961 Sovocool Hill Road, Groton, NY 13073 32.-1-4.2 Pleasant Valley Road, Groton, NY 13073 33.-1-18.1 Pleasant Valley Road, Groton, NY 13073 834.-1-7.1 Pleasant Valley Road, Groton, NY 13073 34.-1-7.2 Sovocool Hill Road, Groton, NY 13073 25.-1-33.2 Cobb Street, Groton, NY 13073 33.-1-24.2 Cobb Street, Groton, NY 13073 33.-1-20.2 Buck Road, Lansing, NY 13073 29.-1-29.3 831 Buck Road, Lansing, NY 13073 30.-1-5.1 991 Sovocool Hill Road, Groton, NY 13073 32.-1-1 788 Buck Road, Lansing, NY 13073 30.-1-32 Sovocool Hill Road, Groton, NY 13073 33.-1-9 264 Cobb Street, Groton, NY 13073 33.-1-24.1 1161 Sovocool Hill Road, Groton, NY 13073 33.-1-3.4 1073 Sovocool Hill Road, Groton, NY 13073 33.-1-6.5 1093 Sovocool Hill Road, Groton, NY 13073 33.-1-6.4 September 20 2025 LNYS0374198
Post Date: 09/20 12:00 AM
Refcode: #LNYS0374198 
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