Public hearing on additional financial assistance for Poughkeepsie Industrial Park LLC.

NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that a public hearing pursuant to Section 859-a of the N.Y. General Municipal Law (the "Public Hearing") will be held by the Dutchess County Industrial Development Agency (the "Agency") on the 11th day of May, 2026 at 9:30 a.m., local time, at the Dutchess County Industrial Development Agency, Three Neptune Road, large conference room, Poughkeepsie, New York 12601, in connection with the following matters: The Agency previously provided its assistance to Poughkeepsie Industrial Park LLC, a New York State limited liability company (the "Company"), and Air Protection Packaging Corp., a New York State business corporation (the "Sublessee"), in connection with a project (the "Project") consisting of: (a) the acquisition of an approximately 58.3-acre parcel located at 900 Dutchess Turnpike in the Town of Poughkeepsie, County of Dutchess, State of New York, bearing Tax Map Grid No. 134689-6262-04-830160-0000 (the "Land"), with three (3) existing structures: a two (2) story, 353,077 square foot structure ("Building A"), a one-story, 10,455 square foot structure ("Building B") and a one-story, 4,349 square foot structure ("Building C"); (b) the renovation and reconstruction of a portion of Building A to accommodate the Sublessee's manufacturing operation, the construction of loading docks, and ancillary site renovations (collectively, the "Improvements"); and (c) the acquisition and installation of certain equipment and personal property (the "Equipment"; and together with the Land and the Improvements, the "Facility"), which Facility is leased by the Agency to the Company for use by the Sublessee as office, warehousing and manufacturing space, and a portion of which is subleased by the Company to commercial tenants. The Company has submitted a request to the Agency for an increase in the mortgage recording tax exemption previously granted by the Agency in connection with the Project (the "Additional Financial Assistance"). The Agency is contemplating providing the Additional Financial Assistance to the Company with respect to the Facility by granting an increase in the exemption from mortgage recording taxes with respect to any qualifying mortgage on the Facility (or such interest in the Facility as is conveyed to the Agency) to secure the financial assistance and/or any other indebtedness incurred by or for the benefit of the Company in connection with the Project. The Agency will at the above-stated time and place hear all persons with views in favor of or opposed to the Additional Financial Assistance described above. Interested parties may present their views both orally and in writing with respect to the Additional Financial Assistance. Written comments can be submitted to the Executive Director, Robin Mack, via e-mail at robin@thinkdutchess.com or via mail to the Agency at 3 Neptune Road, Poughkeepsie, New York 12601. A copy of the Company's request for Additional Financial Assistance will be available for review by the public upon request to the Agency. Dated: Poughkeepsie, New York April 27, 2026 DUTCHESS COUNTY INDUSTRIAL DEVELOPMENT AGENCY By: /s/ MARK DOYLE Mark Doyle, Chairman Publication Dates LNYS0504269