Public Authorities Control Boardskip breadcrumbs
All resolutions available below for viewing and duplication were, pursuant to Sections 50 and 51 of the Public Authorities Law, duly approved and enacted by the Public Authorities Control Board (PACB) at the Board’s October 16 and October 1, 2019 meeting(s). These resolutions are true and correct copies of the approved enacted resolutions and the signatures appearing thereon are hereby certified to be those of the board’s members and/or the member’s legally designated representatives. The Secretary of the PACB maintains custody of all original approved enacted resolutions. As necessary, the PACB Secretary shall make available to any interested parties, affidavits certifying the authenticity of reproduced PACB resolutions retrieved from this website location.
Public Authorities Control Board Officers
Elyse Young, Secretary
Darby Putnam, Assistant Secretary
Tyler Hoerz, Assistant Secretary
A regular meeting is scheduled to be held at 2:00 p.m. on Wednesday, November 20, 2019 in Capitol Room 131.
NOTE: Projects may be added, amended or withdrawn prior to meeting.
In accordance with the Governor’s Executive Order, this PACB meeting will be webcast in real time and/or available as an on-demand webcast for up to 30 days after the meeting.
Links to the live meeting webcast will be placed on this website one hour before meeting is scheduled to begin.
On-Demand webcast links are added as soon as available, and remain for 30 days.
To view the October 16, 2019 On-demand webcast, click the link below:
To view the October 1, 2019 On-demand webcast, click the link below:
If you experience a technical problem, contact your IT department, or email firstname.lastname@example.org
Note: Approved Resolutions are in PDF format.
October 16, 2019 Meeting
Empire State Development Corporation
Grants and Loans
Approving grants via the Regional Economic Development Councils for Currier Plastics Capital (Cayuga County), Flomatic Plant Expansion Capital (Warren County), Gerard Place Community Center Capital (Erie County), Gerard Place Education and Community Center (Erie County), North Country Dairy Capital (St. Lawrence County), Oerlikon Metco Capital (Nassau County) Super Dirt Week 2019-2025 at Oswego Speedway Capital (Oswego County), University of Rochester Medicine 3D Organ Printing Capital (Monroe County), Village of Carthage Wastewater Capital (Jefferson County) and Willow Rock Brewing Company Capital (Onondaga County).
Approving grants via the Buffalo Regional Innovation Cluster for Broadway Fillmore Commercial District Capital (Erie County), DL&W Terminal Capital (Erie County), Jefferson Avenue Commercial District Capital (Erie County), Kensington Bailey Commercial District (Erie County) and Martin Luther King Park Commercial District (Erie County).
Approving grants via the Upstate Revitalization Initiative for Morse Manufacturing – Building and Equipment Capital (Onondaga County).
Approving grants via the Empire State Economic Development Fund for Seal & Design Capital (Erie County).
Approving grants via Local Assistance for City of Watertown – 10th Mountain Memorial Monument Capital (Jefferson County) and New York State New Farmers Grant Fund (multiple counties).
Issuance of multiple series of tax-exempt and taxable, fixed and/or variable rate bonds issued at one or more times under the Sales Tax Revenue Bond Program and/or Personal Income Tax Revenue Bond Program for the following purposes:
- Capital projects for City University of New York facilities;
- Capital projects for the Office of Mental Health, the Office for Persons with Developmental Disabilities and the Office of Alcoholism and Substance Abuse Services State and Voluntary facilities;
- Transportation Initiatives for New York Works Transportation Infrastructure projects;
- Capital projects for State University of New York educational facilities;
- Funding various environmental initiatives which may be administered by the Department of Environmental Conservation, the Department of Agriculture and Markets, the Department of State, the Department of Health and the Office of Parks, Recreation and Historic Preservation;
- Funding for State and Municipal Facilities Grants;
- Funding for Economic Development Projects and/or Grants;
- Funding for Health Care Grants;
- Funding for various Education Programs including EXCEL, HECAP, Library Facilities, Special Ed Smart Schools, At-Risk Facilities, Museum Gallery Renewal and Cultural Education Storage Facilities; and
- The refunding of certain bonds issued under various State supported debt programs.
Issuance of fixed and/or variable rate, taxable or tax exempt State University of New York Dormitory Facilities Revenue Bonds in one or more series at one or more times with a maximum maturity not to exceed 30 years for various dormitory capital projects at campuses throughout the State for the State University of New York system and refunding all or a portion of various DASNY bonds.
Issuance of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of Saint Mary’s Hospital for Children, Inc. with a maximum maturity not to exceed 22 years. Proceeds will be used to refund the Saint Mary’s Hospital for Children Revenue Bonds, Series 2010 and finance the costs of issuance. Bonds are expected to be sold through a private placement.
Issuance of one or more series of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of The Convent of the Sacred Heart School of New York each with a maximum maturity not to exceed the final maturity of the bonds to be refunded. Proceeds will be used to refund all or a portion of the DASNY Convent of the Sacred Heart Insured Revenue Bonds, Series 2011. Bonds are expected to be sold through a private placement.
Approving grants to fund Health Care Facilities Transformation Program – Statewide II Projects.
Loans on behalf of Montefiore Medical Center, Montefiore Nyack Hospital and White Plains Hospital Medical Center to finance the acquisition and installation of equipment, via the Tax-Exempt Equipment Leasing Program I (Bronx, Rockland and Westchester Counties).
Environmental Facilities Corporation
Approving State Clean Water Revolving Fund – Direct Financing Projects for the Village of Cayuga Heights (Tompkins County), Columbia County, Town of Duanesburg (Schenectady County), Village of Mexico (Oswego County), City of Plattsburgh (Clinton County), Village of South Glens Falls (Saratoga County), Village of Clayton (Jefferson County) and City of Glens Falls (Warren County).
Amending PACB Resolution No. 16-EF-703 previously approved on December 27, 2016 for the Clean Water State Revolving Fund in order to modify the project scope of the City of Watertown (Jefferson County).
Housing Finance Agency
Affordable Housing Revenue Bond Issuances
Issuance of a subsidy loan on behalf of 33-35 Academy Street for the rehabilitation of two existing adjacent commercial buildings with 8 studio, 8 one-bedroom, and 12 two-bedroom apartments and 30,600 square feet of ground floor commercial space in the City of Poughkeepsie, Dutchess County.
Issuance of fixed rate, tax exempt bonds on behalf of Crossroads at Genesee for the acquisition and adaptive reuse of a historic manufacturing facility to create a total of 78 units of affordable and supportive housing in the City of Buffalo, Erie County.
Issuance of fixed rate, tax exempt bonds on behalf of Deerfield Commons to fund the acquisition and new construction of a 252-unit affordable rental housing development in the Town of Wallkill, Orange County.
Issuance of fixed rate, tax exempt bonds on behalf of Ithaca Arthaus for the acquisition and demolition of an existing structure and the new construction of 124 units of housing in the City of Ithaca, Tompkins County.
October 1, 2019 Special Meeting
Empire State Development Corporation
Revenue Bond Issuance
- Issuance of one or more series or sub-series of fixed-rate tax-exempt and/or taxable Personal Income Tax Revenue Bonds at one or more times to support Information Technology projects, Economic Development initiatives, Housing Capital projects, Correctional Facilities, MTA Transportation Facilities, State Police Facilities, Environmental Infrastructure projects and Homeland Security projects.
NOTE: Current resolutions and agenda will remain online until the date of the next regularly scheduled PACB meeting. The date of the next meeting may be found by clicking on the agenda above. To receive copies of resolutions and/or agendas from previous meetings, please contact the Division of the Budget at (518) 473-3885.