Public hearing on proposed solar projects and financial assistance in Cortlandville.

CORTLAND COUNTY

LEGAL NOTICE





NOTICE OF PUBLIC HEARING ON

PROPOSED PROJECTS AND FINANCIAL

ASSISTANCE RELATING THERETO




Notice is hereby given that public hearings pursuant to Section 859-a(2) of the General Municipal Law of the State of New York (the "Act") will be held by the Cortland County Industrial Development Agency (the "Agency") on the 30 th day of March, 2026 at 5:00 p.m. local time in the Town Court room at The Raymond G. Thorpe Municipal Building, 3577 Terrace Road, Cortland, New York 13045, located in the Town of Cortlandville, County of Cortland, New York in connection with the following three matters:




Crown City Solar 1, LLC, Crown City Solar 2, LLC and Crown City Solar 3, LLC, all with an address of 4201 Main Street STE 200-206, Houston, Texas 77002 (collectively the "Companies"), presented three applications (collectively the "Applications") to the Agency requesting that the Agency consider undertaking three contiguous and related projects (collectively the "Projects") each Project consisting of the following: (A) (1) the acquisition of an interest in a ± 15 acre parcel of land (the "Land") located at 3911 US Route 11, in the Town of Cortlandville, Cortland County, New York (2) construction of a 4.9 MW AC floating solar photovoltaic facility and related infrastructure on the Land (the "Facility") and (3) the acquisition and installation therein and thereon of fixtures and equipment comprising the Facility (the "Equipment"), all of the foregoing to constitute solar photovoltaic facilities to be operated by the Companies (the Land, Facility and Equipment being collectively referred to as the "Project Facilities"); (B) the granting of certain "financial assistance" (within the meaning of Section 854(14) of the Act) with respect to the foregoing, including potential exemptions from certain sales taxes, real estate transfer taxes, mortgage recording taxes and real property taxes (collectively, the "Financial Assistance"); and (C) the lease (with an obligation to purchase) or sale of the Project Facilities to the Company or such other person as may be designated by the Company and agreed upon by the Agency.




The Agency is considering whether (A) to undertake the Projects and (B) to provide certain exemptions from taxation with respect to the Projects, including (1) exemption from mortgage recording taxes with respect to any documents recorded by the Agency with respect to the Projects in the office of the Clerk of Cortland County, New York or elsewhere, (2) exemption from sales taxes relating to the acquisition, construction/renovation and installation of the Project Facilities, (3) exemption from deed transfer taxes on any real estate transfers with respect to the Projects, and (4) exemption from real property taxes (but not including special assessments and special ad valorem levies) with respect to the Project Facilities, subject to the obligation of the Company to make payments in lieu of taxes with respect to the Project Facilities. If any portion of the Financial Assistance to be granted by the Agency with respect to the Projects is not consistent with the Agency's uniform tax exemption policy, the Agency will follow the procedures for deviation from such policy set forth in Section 874(4)(b) of the Act prior to granting such portion of the Financial Assistance. The Agency will, at said time and place, hear all persons with views on the location and nature of the proposed Projects and the Financial Assistance being contemplated by the Agency in connection with the proposed Projects.




Dated: March 10, 2026




CORTLAND COUNTY INDUSTRIAL DEVELOPMENT AGENCY

By: Melanie Vilardi, Executive Director