Troy Industrial Development Authority

Board Members Chair Tina Urzan Heidi Knoblauch Susan Farrell Vice Chair Elbert Watson Paul Carroll Hon. Anasha Cummings Hon. Coleen Murtagh Paratore Executive Director Bill Strang Steven Strichman Rich Nolan Jr. BOARD OF DIRECTORS MEETING AUGUST 16, 2019 10:00 a.m. Planning Department Conference Room I. Approval of Minutes from the July 19, 2019 board meeting. II. Authorizing Resolution – Montroy Management, St. Augustine School III. Old Business IV. New Business 1. Strong Towns Sponsorship V. Adjournment City Hall – 433 River Street, Suite 5001, Troy, New York 12180 Phone: 518.279.7166  July 19, 2019 10:00 AM Regular Board Meeting Minutes Present: Heidi Knoblauch, Steve Strichman, Hon. Anasha Cummings, Sue Farrell, Elbert Watson, Rich Nolan, Tina Urzan and Hon. Coleen Paratore Absent: Bill Strang and Paul Carroll Also in attendance: Justin Miller Esq., MaryEllen Flores, Deanna Dal Pos, and Denee Zeigler. D The meeting was called to order at 10:05 a.m. I. Public Hearing - TIDA ‐ TLDC King Fuels ACM Remediation II. R See attached public hearing agenda. Minutes T The board reviewed the minutes from the June 28, 2019 board meeting. AF Tina Urzan made a motion to approve the June 28, 2019 minutes. Rich Nolan seconded the motion, motion carried. III. Authorizing Resolution – TIDA ‐ TLDC ACM Project Financials Mr. Miller explained that this resolution will help to set up a project expenditure agreement between the IDA and LDC. Once the LDC enters into a contract with the remediating company, the LDC will submit invoices to the IDA for reimbursement. (See attached Resolution 07/19 #1) Tina Urzan made a motion to approve the authorizing resolution to provide reimbursable funding to the LDC for ACM Project clean-up at the former King Fuels site. Elbert Watson seconded the motion, motion carried. IV. TIDA – TLDC ACM Project Expenditure Agreement Mr. Miller noted that this item is listed as a separate agenda item, but is directly related to the authorization in item III. Hon. Coleen Paratore made a motion to approve the project expenditure agreement. 1  Rich Nolan seconded the motion, motion carried. V. Geothermal Mr. Strichman explained the background on the consultant grant agreement and noted that it will be used to assist the city in designing of a geothermal district downtown. He added that this project is a part of NYS’s plan to be self-sufficient with our energy sources and aligns with the DRI area. Mr. Strichman explained that we have received quotes from consultants and is asking that the IDA fund the consultant in the amount of $4,950 in order to submit the grant in to NYS. He added that it will assist IDA projects in that area as well as city projects. Mr. Cummings asked if they will ground source the geothermal of use the river. Mr. Strichman explained that we will be looking at both options. Ms. Paratore noted that this appears to be a great company. Mr. Strichman advised that he went to the conference and it was very informative and this consultant presented there. Ms. Urzan asked if it was all underground. Mr. Strichman noted that the distribution will be underground, but there will be some components above ground and in the building. Mr. Watson asked if there is already a building downtown that uses geothermal. Mr. Miller advised that Monument Square has been using geothermal since around 2012. Mr. Strichman explained that Troy could be a pilot area. Ms. Knoblauch noted that this is a worthwhile investment. D Hon. Anasha Cummings made a motion to approve the funding of $4,950 to EggGEO for assistance creating a design for a Geothermal district as part of a grant to be to submitted to NYS. Susan Farrell seconded the motion, motion carried. VI. Financials R Mary Ellen Flores went over the balance sheet with the board members and advised that T there is $940,000 in assets, $2,000 in liabilities and $938,000 in equity. She advised no AF real changes since last month. Ms. Flores advised a deficit in the amount of $8,000; mainly due to the BOA application fee. Hon. Coleen Paratore made a motion to approve the financials as presented. Susan Farrell seconded the motion, motion carried. VII. Adjournment With no new or old business to discuss, the regular board meeting was adjourned at 10:27 a.m. Tina Urzan made a motion to adjourn the IDA meeting at 10:27 a.m. Susan Farrell seconded the motion, motion carried. 2  PUBLIC HEARING AGENDA TROY INDUSTRIAL DEVELOPMENT AUTHORITY TROY LOCAL DEVELOPMENT CORPORATION – KING FUELS ACM REMEDIATION JULY 19, 2019 AT 10:00 A.M. CITY HALL, 433 RIVER STREET, 5TH FLOOR, TROY, NEW YORK 12180 Report of the public hearing of the Troy Industrial Development Authority (the “Authority”) regarding the Troy Local Development Corporation King Fuels ACM Remediation Project held on July 19, 2019 at 10:00 a.m., at the Troy City Hall, located at 433 River Street, 5th Floor, Troy, New York 12180. I. ATTENDANCE Steven Strichman, Executive Director Heidi Knoblauch, Chair Tina Urzan, Board Member Susan Farrell, Board Member Hon. Anasha Cummings, Board Member Rich Nolan, Board Member D Elbert Watson, Board Member Hon. Coleen Paratore Mary Ellen Flores, CFO Deanna Dal Pos, General Public R Denee Zeigler, Acting Secretary II. T CALL TO ORDER: (Time: 10:00 a.m.). Heidi Knoblauch opened the hearing and Justin Miller read the following into the hearing record: AF This public hearing is being conducted pursuant to Title 11 of Article 8 of the Public Authorities Law of the State of New York, as amended, and Chapter 759 of the Laws of 1967 of the State of New York, as amended (collectively, the “Act”). A Notice of Public Hearing describing the Project was published in Troy Record, a copy of which is attached hereto and is an official part of this transcript. A copy of the request submitted by Troy Local Development Corporation to the Authority is available for review and inspection by the general public in attendance at this hearing. III. PROJECT SUMMARY The Authority previously undertook a certain project (the “Project”) for the benefit of the Troy Local Development Corporation (the “Company”) consisting of (i) the acquisition by the Authority of a leasehold interest in one or more parcels of real property located at 7990-8053 Main Street, Troy, New York 12180 (the “Land”, being more particularly described as TMID No’s 111.75-1-1./1 comprised of approximately 16.16 acres, and 111.67-1-3./2, comprised of approximately 4.41 acres), along with the existing building improvements, infrastructure, roadway and other improvements located thereon (the “Existing Improvements”), (ii) undertaking certain planning, design, engineering and permitting activities relating to the Land, Existing Improvements and Facility for future development by the Company as a multi-tenanted commercial and industrial park (collectively, the “Redevelopment Plan”), including certain site stabilization, demolition, excavation and other remediation activities in and around the Land and Existing Improvements (the “Site Work”, and together with the Land and Existing Improvements, the “Facility”), and (iii) the lease by the Authority of the Facility back to the Company for (a) the continued leasing of certain portions of the Existing Improvements for commercial operations and (b) the undertaking by the Company of the Redevelopment Plan and Site Work. Pursuant to the provisions of a certain Leaseback Agreement entered into by the Authority and Company, dated August 1, 2011, and as a component of a straight lease transaction undertaken pursuant to the Act, the Company is undertaking certain remediation and removal of asbestos containing materials (“ACM”) to finalize the Site Work (the “ACM Removal”). In furtherance of the ACM Removal, the Company has requested additional financial assistance from the Authority in the form of Project Expenditures in the amount of up to $300,000.00 (the “Financial Assistance”). The foregoing Financial Assistance and the Authority’s involvement in the Project are being considered to promote the economic welfare and prosperity of residents of the City of Troy, New York. IV. AGENCY COST-BENEFIT ANALYSIS: D The Company’s request Financial Assistance indicates a total project cost of approximately $500,000.00 for this phase of remediation, which will enable additional mandatory remediation activities at the Facility to be undertaken by National Grid, which are R estimated to cost $35,000,000.00. V. PUBLIC COMMENTS T Mr. Strichman spoke about the timeline of this portion of the project which will allow National AF Grid to come in and do their portion of the clean-up. Mr. Nolan asked about National Grid’s portion of the clean-up. Mr. Strichman explained that they are required by NYS to do the clean- up, this authorization will allow them to hopefully get started next year. Ms. Paratore asked for clarification of the site. Mr. Miller explained that the site contains 16 acres to the south of the Wynantskill creek and 4 acres to the north. Mr. Cummings asked about the silos. Mr. Strichman advised we are not planning on taking them down. Ms. Dal Pos asked about the timing for presenting this to a developer and if county waste has a lease. Mr. Miller advised yes, they have a lease. Mr. Watson asked about the cost of the project. Mr. Strichman noted the RFP came back in the amount of $424,000. Ms. Knoblauch noted that doing this pre-cleanup helped bring the cost down and will also allow National Grid to come in and do their part. VI. ADJOURNMENT As there were no comments, the public hearing was closed at 10:18 a.m.  PROJECT AUTHORIZING RESOLUTION (Troy Local Development Corporation King Fuels ACM Remediation Project) A regular meeting of the Troy Industrial Development Authority (the “Authority”) was convened on July 19, 2019 at 10:00 a.m., local time, at 433 River Street, Troy, New York 12180. The meeting was called to order by the Chairman and, upon roll being called, the following members of the Authority were: MEMBER PRESENT ABSENT Heidi Knoblauch X Richard Nolan X Hon. Anasha Cummings X Elbert Watson X Coleen Paratore X D Paul Carroll William Strang Susan Farrell Tina Urzan X X X X R The following persons were ALSO PRESENT: Steven Strichman, Justin Miller Esq., Mary Ellen Flores, Deanna Dal Pos and Denee Zeigler. T After the meeting had been duly called to order, the Chairman announced that among the AF purposes of the meeting was to consider and take action on certain matters pertaining to a proposed project for the benefit of Troy Local Development Corporation. On motion duly made by Tina Urzan and seconded by Susan Farrell, the following resolution was placed before the members of the Troy Industrial Development Authority: Member Aye Nay Abstain Absent Heidi Knoblauch X Richard Nolan X Hon. Anasha Cummings X Elbert Watson X Coleen Paratore X Paul Carroll X William Strang X Susan Farrell X Tina Urzan X Page 1 of 6  Resolution No. 07/19 #1 RESOLUTION OF THE TROY INDUSTRIAL DEVELOPMENT AUTHORITY (THE “AUTHORITY”) (i) AUTHORIZING THE PROVISION OF CERTAIN FINANCIAL ASSISTANCE (AS FURTHER DEFINED HEREIN) FOR THE BENEFIT OF TROY LOCAL DEVELOPMENT CORPORATION (THE “COMPANY”) IN CONNECTION WITH A CERTAIN PROJECT (AS FURTHER DEFINED HEREIN) PREVIOUSLY UNDERTAKEN BY THE AUTHORITY; AND (ii) AUTHORIZING THE EXECUTION AND DELIVERY OF CERTAIN DOCUMENTS AND AGREEMENTS RELATING TO THE PROJECT WHEREAS, by Title 11 of Article 8 of the Public Authorities Law of the State of New York, as amended, and Chapter 759 of the Laws of 1967 of the State of New York, as amended (hereinafter collectively called the “Act”), the TROY INDUSTRIAL DEVELOPMENT D AUTHORITY (hereinafter called the “Authority”) was created with the authority and power to own, lease and sell property for the purpose of, among other things, acquiring, constructing and equipping industrial, manufacturing and commercial facilities as authorized by the Act; and R WHEREAS, the Authority previously undertook a certain project (the “Project”) for the benefit of the Troy Local Development Corporation (the “Company”) consisting of (i) the acquisition by the Authority of a leasehold interest in one or more parcels of real property located at 7990-8053 Main Street, Troy, New York 12180 (the “Land”, being more particularly T described as TMID No’s 111.75-1-1./1 comprised of approximately 16.16 acres, and 111.67-1- AF 3./2, comprised of approximately 4.41 acres), along with the existing building improvements, infrastructure, roadway and other improvements located thereon (the “Existing Improvements”), (ii) undertaking certain planning, design, engineering and permitting activities relating to the Land, Existing Improvements and Facility for future development by the Company as a multi- tenanted commercial and industrial park (collectively, the “Redevelopment Plan”), including certain site stabilization, demolition, excavation and other remediation activities in and around the Land and Existing Improvements (the “Site Work”, and together with the Land and Existing Improvements, the “Facility”), and (iii) the lease by the Authority of the Facility back to the Company for (a) the continued leasing of certain portions of the Existing Improvements for commercial operations and (b) the undertaking by the Company of the Redevelopment Plan and Site Work; and WHEREAS, pursuant to the provisions of a certain Leaseback Agreement entered into by the Authority and Company, dated August 1, 2011(the “Leaseback Agreement”), and as a component of a straight lease transaction undertaken pursuant to the Act, the Company is undertaking certain remediation and removal of asbestos containing materials (“ACM”) to finalize the Site Work (the “ACM Removal”); and Page 2 of 6  WHEREAS, in furtherance of the ACM Removal, the Company has requested additional financial assistance from the Authority in the form of Project Expenditures in the amount of up to $300,000.00 (the “Financial Assistance”); and WHEREAS, in furtherance of the Company’s request, the Authority duly scheduled, noticed and conducted the Public Hearing at 10:00 a.m. on July 19, 2019 whereat all interested persons were afforded a reasonable opportunity to present their views, either orally or in writing on the location and nature of the Facility and the proposed Financial Assistance to be afforded the Company in connection with the Project (a copy of the Minutes of the Public Hearing, proof of publication and delivery of Notice of Public Hearing being attached hereto as Exhibit A); and WHEREAS, the Authority and Company have negotiated the terms of a certain Project Expenditures Agreement (the “Agreement”), and, subject to the conditions set forth therein and within this resolution, it is contemplated that the Authority will provide the Financial Assistance to the Company. D NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE TROY INDUSTRIAL DEVELOPMENT AUTHORITY AS FOLLOWS: Section 1. The Company has presented a request for additional Financial Assistance R in a form acceptable to the Authority. Based upon the representations made by the Company to the Authority in the Company's request and in related correspondence, the Authority hereby finds and determines that: (A) T By virtue of the Act, the Authority has been vested with all powers necessary and AF convenient to carry out and effectuate the purposes and provisions of the Act and to exercise all powers granted to it under the Act; and (B) The Authority has the authority to take the actions contemplated herein under the Act, including the provision of Financial Assistance as the proceeds of a straight lease to the Company as a project occupant in connection with the Project being undertaken by the Company as a commercial project; and (C) The action to be taken by the Authority will induce the Company to develop the Project, thereby increasing employment opportunities in the City of Troy, New York, and otherwise furthering the purposes of the Authority as set forth in the Act; and (D) The Project will not result in the removal of a civic, commercial, industrial, or manufacturing plant of the Company or any other proposed occupant of the Project from one area of the State of New York (the “State”) to another area of the State or result in the abandonment of one or more plants or facilities of the Company or any other proposed occupant of the Project located within the State; and the Authority hereby finds that, based on the Company’s application, to the extent occupants are relocating from one plant or facility to another, the Project is reasonably necessary to discourage the Project occupants from removing Page 3 of 6 such other plant or facility to a location outside the State and/or is reasonably necessary to preserve the competitive position of the Project occupants in their respective industries; and (E) The Authority has identified the ACM Removal as a “Type II” Action pursuant to the State Environmental Quality Review Act (“SEQRA”), for which no formal review is necessary. Section 2. The Authority hereby accepts the Minutes of the Public Hearing and approves the provision of the proposed Financial Assistance to the Company, including the expenditure of Authority funds in accordance with the terms of the Agreement. Section 3. Subject to the Company executing the Agreement, the Authority hereby authorizes the undertaking of the ACM Removal as a component of the Project. Section 4. The Chairman, Vice Chairman, and/or Executive Director/Chief Executive Officer of the Authority are hereby authorized, on behalf of the Authority, to execute, deliver the Agreement, along with related documents, provided the rental payments under the Leaseback D Agreement include payments of all costs incurred by the Authority arising out of or related to the Project and indemnification of the Authority by the Company for actions taken by the Company and/or claims arising out of or related to the Project. Section 5. R The officers, employees and agents of the Authority are hereby authorized and directed for and in the name and on behalf of the Authority to do all acts and things required and to execute and deliver all such certificates, instruments and documents, to pay all such fees, charges and expenses and to do all such further acts and things as may be necessary or, in the T opinion of the officer, employee or agent acting, desirable and proper to effect the purposes of AF the foregoing resolutions and to cause compliance by the Authority with all of the terms, covenants and provisions of the documents executed for and on behalf of the Authority. Section 6. These Resolutions shall take effect immediately. Page 4 of 6  T AF R D  EXHIBIT A PUBLIC HEARING MATERIALS D R T AF Page 6 of 6  INITIAL PROJECT RESOLUTION (Montroy Management L.P. Project) A regular meeting of the Troy Industrial Development Authority (the “Authority”) was convened on August 16, 2019 at 10:00 a.m., local time, at 433 River Street, 5th Floor, Troy, New York 12180. The meeting was called to order by the Chairman and, upon roll being called, the following members of the Authority were: Member Aye Nay Abstain Absent Heidi Knoblauch Richard Nolan Hon. Anasha Cummings Elbert Watson Hon. Coleen Paratore Paul Carroll William Strang Susan Farrell Tina Urzan The following persons were ALSO PRESENT: After the meeting had been duly called to order, the Chairman announced that among the purposes of the meeting was to consider and take action on certain matters pertaining to a proposed project for the benefit of Montroy Management L.P. On motion duly made by _________ and seconded by __________, the following resolution was placed before the members of the Troy Industrial Development Authority: Member Aye Nay Abstain Absent Heidi Knoblauch Richard Nolan Hon. Anasha Cummings Elbert Watson Hon. Coleen Paratore Paul Carroll William Strang Susan Farrell Tina Urzan Page 1 of 5  Resolution No. ____ RESOLUTION OF THE TROY INDUSTRIAL DEVELOPMENT AUTHORITY (THE “AUTHORITY”) (i) ACCEPTING THE APPLICATION OF MONTROY MANAGEMENT L.P. (THE “COMPANY”) IN CONNECTION WITH A CERTAIN PROJECT (AS MORE FULLY DEFINED BELOW); (ii) AUTHORIZING THE SCHEDULING, NOTICE AND CONDUCT OF A PUBLIC HEARING WITH RESPECT TO THE PROJECT; AND (iii) DESCRIBING THE FORMS OF FINANCIAL ASSISTANCE BEING CONTEMPLATED BY THE AUTHORITY WITH RESPECT TO THE PROJECT WHEREAS, by Title 11 of Article 8 of the Public Authorities Law of the State of New York, as amended, and Chapter 759 of the Laws of 1967 of the State of New York, as amended (hereinafter collectively called the “Act”), the TROY INDUSTRIAL DEVELOPMENT AUTHORITY (hereinafter called the “Authority”) was created with the authority and power to own, lease and sell property for the purpose of, among other things, acquiring, constructing and equipping industrial, manufacturing and commercial facilities as authorized by the Act; and WHEREAS, MONTROY MANAGEMENT L.P., for itself and/or on behalf of an entity to be formed ( collectively, the “Company”), has requested the Authority’s assistance with a certain project (the “Project”) consisting of (i) the acquisition by the Authority of a leasehold interest in parcels of land located at 523-525 Fourth Avenue and 532 Third Avenue, Troy, New York 12180 (the “Land”, being more particularly identified as TMID Nos. 080.063-4-2 and 080.063-4-1) and the existing improvements located thereon consisting of approximately 50,000 sf of building spaces (the “Existing Improvements”), (ii) the demolition and renovation of the Existing Improvements and the planning, design, engineering, construction and operation of a 31 unit market rate apartment facility, including building system improvements, modifications, upgrades, parking lot, curbage and related site and exterior improvements (collectively, the “Improvements”), (iii) the acquisition and installation by the Company in and around the Land, Existing Improvements and Improvements of certain items of equipment and other tangible personal property necessary and incidental in connection with the Company’s development of the Project in and around the Land, Existing Improvements and Improvements (the “Equipment”, and collectively with the Land, the Existing Improvements and the Improvements, the “Facility”), and (iv) the lease of the Facility to the Company; and WHEREAS, pursuant to the Act, the Authority desires to adopt a resolution describing the Project and the Financial Assistance (as hereinafter defined) that the Authority is contemplating with respect to the Project; and WHEREAS, it is contemplated that the Authority will (i) accept the Application submitted by the Company; (ii) approve the scheduling, notice and conduct of a Public Hearing with respect to the Project; and (iii) approve the negotiation, but not the execution or delivery, of certain documents in furtherance of the Project, as more fully described below. Page 2 of 5  NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE TROY INDUSTRIAL DEVELOPMENT AUTHORITY AS FOLLOWS: Section 1. The Company has presented an application in a form acceptable to the Authority. Based upon the representations made by the Company to the Authority in the Company’s application and in related correspondence, the Authority hereby finds and determines that: (A) By virtue of the Act, the Authority has been vested with all powers necessary and convenient to carry out and effectuate the purposes and provisions of the Act and to exercise all powers granted to it under the Act; and (B) The Authority has the authority to take the actions contemplated herein under the Act; and (C) The action to be taken by the Authority will induce the Company to develop the Project, and otherwise furthering the purposes of the Authority as set forth in the Act; and (D) The Project will not result in the removal of a commercial, industrial, or manufacturing plant of the Company or any other proposed occupant of the Project from one area of the State of New York (the “State”) to another area of the State or result in the abandonment of one or more plants or facilities of the Company or any other proposed occupant of the Project located within the State; and the Authority hereby finds that, based on the Company’s application, to the extent occupants are relocating from one plant or facility to another, the Project is reasonably necessary to discourage the Project occupants from removing such other plant or facility to a location outside the State and/or is reasonably necessary to preserve the competitive position of the Project occupants in their respective industries; and Section 2. The proposed Financial Assistance being contemplated by the Authority includes (i) a sales and use tax exemption for materials, supplies and rentals acquired or procured in furtherance of the Project by the Company as agent of the Authority; (ii) mortgage recording tax exemption(s) in connection with secured financings undertaken by the Company in furtherance of the Project; and (iii) an abatement or exemption from real property taxes levied against the Land and Facility pursuant to a PILOT Agreement to be negotiated. Section 3. The Chairman, Vice Chairman, and/or Executive Director/Chief Executive Officer of the Authority are hereby authorized, on behalf of the Authority, to schedule, notice and conduct a public hearing in compliance with the Act and negotiate (but not execute or deliver) the terms of (A) an Agent and Financial Assistance and Project Agreement (the “Agent Agreement”), (B) a Lease Agreement, pursuant to which the Company leases the Project to the Authority (or, a Deed of conveyance to the Authority whereby the Authority will acquire fee title to the Land and Project), (C) a related Leaseback Agreement, pursuant to which the Authority leases its interest in the Project back to the Company, (D) a PILOT Agreement, pursuant to which the Company agrees to make certain payments in-lieu-of real property taxes, and (E) related documents thereto; provided (i) the rental payments under the Leaseback Agreement Page 3 of 5 include payments of all costs incurred by the Authority arising out of or related to the Project and indemnification of the Authority by the Company for actions taken by the Company and/or claims arising out of or related to the Project and (ii) the terms of the PILOT Agreement are consistent with the Authority’s Uniform Tax Exemption Policy or the procedures for deviation have been complied with. Section 4. The officers, employees and agents of the Authority are hereby authorized and directed for and in the name and on behalf of the Authority to do all acts and things required and to execute and deliver all such certificates, instruments and documents, to pay all such fees, charges and expenses and to do all such further acts and things as may be necessary or, in the opinion of the officer, employee or agent acting, desirable and proper to effect the purposes of the foregoing resolutions and to cause compliance by the Authority with all of the terms, covenants and provisions of the documents executed for and on behalf of the Authority. Section 5. These Resolutions shall take effect immediately. Page 4 of 5  SECRETARY'S CERTIFICATION STATE OF NEW YORK ) COUNTY OF RENSSELAER ) I, ______________________, the undersigned, ____________________ of the Troy Industrial Development Authority (the “Authority”), do hereby certify that I have compared the foregoing extract of the minutes of the meeting of the members of the Authority, including the Resolution contained therein, held on August 16, 2019, with the original thereof on file in my office, and that the same is a true and correct copy of said original and of such Resolution set forth therein and of the whole of said original so far as the same relates to the subject matters therein referred to. I FURTHER CERTIFY that (A) all members of the Authority had due notice of said meeting; (B) said meeting was in all respects duly held; (C) pursuant to Article 7 of the Public Officers Law (the “Open Meetings Law”), said meeting was open to the general public, and due notice of the time and place of said meeting was duly given in accordance with such Open Meetings Law; and (D) there was a quorum of the members of the Authority present throughout said meeting. I FURTHER CERTIFY that, as of the date hereof, the attached Resolution is in full force and effect and has not been amended, repealed or rescinded. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Authority this ____ day of __________, 2019. ______________________________ (SEAL) Page 5 of 5  TROY INDUSTRIAL DEVELOPMENT AUTHORITY APPLICATION Please answer all questions by filling in the blanks. Use attachments as necessary. I. APPLICANT INFORMATION DATE: __8/5/2019____ Organization Name: Strong Towns Mailing Address: 1511 Northern Pacific Road, Room 206 City: Brainerd State: MN Zip: 56401 Phone: 770-713-4397 Fax: Contact Person: Bo Wright Email Address: BoWright@StrongTowns.org FED ID Number: 27-1459378 A. Board Chair/CEO/CFO Name Title Business Address Phone Email Andrew Burleson Board Chair 1511 Northern Pacific Rd., Charles Marohn President Brainerd, MN 56401 844-218-1681 Marohn@StrongTowns.org 1511 Northern Pacific Rd., Bo Wright Development Director Brainerd, MN 56401 770-713-4397 BoWright@StrongTowns.org Page3 1637540.1 11/17/2009  B. Applicant’s Counsel Name: Firm: Mailing Address State: Zip: City: Fax: Phone: C. Applicant’s Accountant Name: Firm: Mailing Address City: State: Zip: Phone: Fax: II. PROJECT INFORMATION A. Describe the proposed acquisitions, construction or reconstruction, including buildings, site improvements and equipment. Also, indicate square feet by usage (e.g., office, classrooms), and type of construction. Attach a copy of preliminary plans or sketches, and/or floor plan of existing facility. The Capital District Regional Gathering will be an immersive exploration of the groundbreaking and internationally recognized Strong Towns approach to building financially strong, resilient, lovable, and livable communities for all residents—and show you how to apply that approach in the Capital District Region. Designed to convene local leaders at all levels of government, neighborhood activism, and the built environment professions, this is also a rare opportunity to connect with a dynamic and diverse group of Strong Citizens, and to learn alongside neighbors from rural and urban communities alike. B. Location of Project, including city, town or village within which it is located. Attach a map showing location of project: Troy, New York Page4 1637540.1 11/17/2009 The Applicant and the individual executing this Application on behalf of the Applicant acknowledge that the Authority will rely on the representations made herein when acting on this Application and hereby represent that the statements made herein do not contain any untrue statement of a material fact and do not omit to state a material fact necessary to make the statements contained herein not misleading. Strong Towns __________________________ (Name of Organization) By: ___________________________ Name: Robert “Bo” Wright Title: Development Director Date: 8/5/2019 Page7 1637540.1 11/17/2009 ABOUT STRONG TOWNS Strong Towns is a media platform and movement to change the approach to growth and development across North America. Our core insight is that the American pattern of development extracts wealth, creates unsustainable long- term liabilities for municipalities, and is designed to decline. We are building the capacity of city leaders, institutions and built environment professionals to challenge the status quo. And we are inspiring a broad movement of people, from all walks of life, who are actively engaged in making their neighborhoods healthier places to live, work, and play. THE PROBLEM Why do communities with robust growth struggle to maintain their infrastructure? Why do so many American communities seem like they're designed to decline? Why do so many American communities struggle to build places people love? For generations, North American communities have been growing—or at least, they've been building. But as we've paved endless roads, raised countless buildings and put more and more infrastructure in the ground, we’ve given almost no thought to whether future generations will be able to afford to maintain the world we'll leave them with—or how many of the things we build are making our communities worse places to live today. THE STRONG TOWNS APPROACH The Strong Towns approach is a radically new way of thinking about the way we build our world. We believe that in order to truly thrive, our cities and towns must: Stop valuing efficiency and start valuing resilience; Stop betting our futures on huge, irreversible projects, and start taking small, incremental steps and iterating based on what we learn; Stop fearing change and start embracing a process of continuous adaptation; Stop building our world based on abstract theories, and start building it based on how our places actually work and what our neighbors actually need today;+ Stop obsessing about future growth and start obsessing about our current finances. But most importantly, we believe that Strong Citizens from all walks of life can and must participate in a Strong Towns approach—from citizens to leaders, professionals to neighbors, and everyone in between. HOW WE DO IT We’re working to make the Strong Towns approach real in every city and town in North America. We do this in three key ways. Media Media is the core of our organization. We believe that in order to have a lasting impact on our culture, we must educate, excite, and inspire citizens of all backgrounds to get involved in the conversation about how we build our world, and advocate for a Strong Towns approach. That’s why we devote most of our resources as an organization to producing high-quality content (via articles, podcasts, and video) that ask hard questions about how we build today, and shines a spotlight on a better way that we must take up tomorrow. Events Events are a crucial tool to spread the Strong Towns message and help communities see a path forward to apply our approach in their real places. Strong Towns produces gatherings that connect local Strong Towns advocates, and we also send members of our staff to speak to communities about our ideas with the sponsorship of local organizations. Network The Strong Towns Network provides platforms for members of the Strong Towns movement around the world to connect, self-organize, and share resources on how to make their places strong. From providing digital gathering places to encouraging local conversations in your community, we’re dedicated to helping you move beyond reading our content and use our ideas to take action in your unique community context. Strong Towns is a registered 501(c)3 nonprofit, so all donations are tax deductible. For more information about Strong Towns or sponsorship email Bo Wright (BoWright@StrongTowns.org).  STRONG TOWNS REGIONAL GATHERING CALL FOR SPONSORS ABOUT STRONG TOWNS Strong Towns is a national nonprofit building the capacity of city leaders, institutions, and engaged citizens to address their unique challenges and opportunities in order to help their communities be more prosperous through their own efforts. Our core insight is that the American pattern of development extracts wealth, creates unsustainable long-term liabilities for municipalities, and is designed to decline. We believe that cities and regions desperately need to change the way they pursue growth and development, focusing on a pattern of development that builds wealth, provides opportunity for citizens, and allows for resilient growth. Strong Towns is a media organization leading a national movement for change. We’re challenging every American to fundamentally rethink how our cities are built, and we’re shining a spotlight on an approach that will make the communities we love truly prosperous. WHAT IS THE STRONG TOWNS REGIONAL GATHERING? The Strong Towns theory of change is simple: When we expose people to Strong Towns' ideas and nudge them to act, we see the community’s dialog transform and difficult change made easier. The Regional Gathering will bring together community leaders from across the region to share ideas and stories in order to map a revolutionary way forward that could create enduring prosperity. This event will take place near Albany, New York, September 19th- 20th. IMPACT Expose regional audience, including elected officials, to Strong Towns ideas in order to build a movement of people advocating for change. Highlight examples of people and organizations taking action to improve the financial and environmental sustainability of the region and to make places more livable for all residents. Connect change advocates from across the region so they can help co-create, a movement for change. Share ideas about a healthy small business ecosystem and neighborhood enhancements that will incrementally improve the city. Give engaged citizens and elected officials a common, non-politicized language to talk about their places, and how they can make their communities better for all. SPONSORSHIP OPPORTUNITY Sponsorship of the Strong Towns Regional Gathering is an investment in the future of Upstate New York and the Berkshires region and their community’s. Please consider the supporting this event through donations of $1,000, $2,500, $5,000, or $10,000+. For more information, contact Bo Wright, Development Director for Strong Towns, at BoWright@StrongTowns.org. Regional Benefactor ($10,000+) Regional Supporter ($5,000-$9,999) Regional Friend ($1,000-$4,999) SPONSOR BENEFITS Sponsors will be publicly recognized at the event. Sponsors will be invited to a private dinner with Strong Towns’ leadership and event speakers. Sponsors will have a table at the event venue to share more information about their organization. Sponsors will receive a number of complimentary tickets, based on the donation amount. Sponsors will have the opportunity to share more about their company or organizations work during the Strong Towns on Tap presentations. Strong Towns is a registered 501(c)3 nonprofit, so all donations are tax deductible. Strong Towns is happy to share information about the expenses involved with this event to interested prospective sponsors. To receive information about the expenses, email Bo Wright (BoWright@StrongTowns.org).