11/27/2007 11:50 15854198817 HARRIS BEACH PLLC 2C PAGE 03/06
NOTICE OF PUBLICHEARING NOTICE IS HEREBY GIVEN
that a public hearing pursuant to Article 18-Aof the New York Genera] Municipal Law will be held by the Steuben County Industrial Development Agency (the "Agency") on Tuesday, December 18~2007, at 10:00 a.m., local time, at the PrattsburghTown Hall, 19North Main Street,Prattsburgh,New York, 14873,in connection with the following matter:
Windfarm Prattsburgh, LLC, for itself or on behalf of an entity to be fonned (the "Company"), has requested the Agency's assistance with respect to a certain project (the "Project")consisting of (i) the acquisition by the Agency of an interest in various parcels of land consisting of approximately 2,500 acres of land in which the Company has a leasehold or other interest (owned by the Company and/or approximately 40 individual landowners)located off of Stanton Road, State Route 53, Fisher Road, Emerson Road, McMichael Road, Davis Road, Dillenbeck Road, Block School Road, Gay Road, Cook School Road, and Rosy Hill Road, all within the Town of Prattsburgh, Steuben County, New York (collectively, the "Land"), (ii) the construction and equipping on the Land of a wind energy generation facility consisting of approximately thirty-six (36) wind turbines generating approximately 54 megawatts of power~ together with related construction of one (1) meteorological tower, a system of gravel access roadst underground electrical interconnect lines, an operations and maintenance building, and related improvements on the Land, all for the production of wind-generated electricity (the "Improvements"), (iii) the acquisition of and installation in and around the Improvements of certain additional items of equipment and personal property necessary for the operation of the wind energy generation facility (the "Equipment" and, collectively with the Land and the Improvements, the "Facility"). The Project will also consist of an interconnection substation located in the Town of Italy, Yates County~for which the Agency will not provide assistance or take title or take a leasehold interest.
The Agency will acquire 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 tenn 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 contemplatesthat it will provide financial assistanceto the Company in the fonn of sales and use tax exemptions and a mortgage recording tax exemption consistent with the policies of the Agency,and a partial real property tax abatementthrough a payment-in-lieu-of-taxagreement.
A representative of the Agency will be at the above-stated time and place to present a copy of the Company'sproject applicationand 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: November 15,2007
STEUBEN COUNTY INDUSTRIAL DEVELOPMENT AGENCY
By: James P. Sherron, Executive Director
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