Public Authorities Control Board

skip 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 July 27, 2024 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
Elizabeth Reuss, Assistant Secretary

Meeting Notice

A regular meeting will be held at 11:00 a.m. on Wednesday, September 11, 2024 in Capitol Room 131.

Next Meeting Agenda

Note: Meeting agenda is in PDF format.

September 11, 2024 Meeting Agenda

NOTE: Projects may be added, amended or withdrawn prior to meeting.

Webcast

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.

Live Webcast

Links to the live meeting webcast will be placed on this website one hour before the meeting is scheduled to begin.

On-Demand Webcast

On-Demand webcast links are added as soon as available, and remain for 30 days.

To view the July 24, 2024 On-demand webcast, click the link below:

• July 24, 2024 On-Demand webcast

If you experience a technical problem, contact your IT department, or email contact@nyn.suny.edu

Approved Resolutions

Note: Meeting agenda and Approved Resolutions are in PDF format.

July 24, 2024 Meeting

July 24, 2024 Meeting Agenda

Empire State Development Corporation

Grants and Loans

• Approving grants via Regional Economic Development Councils for Utica Harbor Point Development Waterfront Promenade Capital (Oneida County), Nassau Candy Capital (Nassau County), Exergy Equipment Capital (Nassau County), ADK Gateway, Inc. Capital (Essex County), People Inc. – Center of Excellence Capital (Erie County), Empire Recycled Paint Capital (Onondaga County), Healthy Kids Extended Daycare Capital (Sullivan County), Wastewater Treatment Plant Improvements Phase II Capital (Lewis County) and The Center Employment Center Capital (Oneida County).
• Approving grants via Downtown Revitalization Initiative Fund for Cedarland Development – 950 Broadway Capital (Erie County) and The Center Employment Center Capital (Oneida County).
• Approving grants via Buffalo Regional Innovation Cluster – Better Buffalo Fund for Cedarland Development – 950 Broadway Capital (Erie County) and Cedarland Development – 950 Broadway Capital (Erie County).
• Approving a grant via Market NY for Utica Children’s Museum Tourism Capital (Oneida County).
• Approving a grant via Upstate Revitalization Initiative for The Lodge at Schroon Lake Capital (Essex County).
• Approving a grant via New York Works EDF Fund for Wastewater Treatment Plant Improvements Phase II Capital (Lewis County).
• Approving grants via USAN BRIC and Regional Economic and Community Assistance Program for Gorge Gateway Park & Hydraulic Power Plaza Civic Project (Niagara County) and CSE 1 First Street (Niagara County).
• Approving grants via Restore NY Communities Fund for City of Kingston – St. Joseph’s Lofts Restore NY VII (Ulster County), Village of Greenwich – 49-53 Main Street Restore NY VII (Washington County) and City of Oneonta – Market Street Restore NY IV (Otsego County).

Job Development Authority

Loans

• Approving a loan via New York Job Development Authority for 1015 Hiawatha Blvd LLC.

Dormitory Authority

Amendment

• Amending PACB Resolution No. 24-DA-1379 previously approved on February 21, 2024 for New York University in order to include an additional project.

Housing Finance Agency

Multifamily Preservation Program Subsidy Loan

• Issuance of Multifamily Preservation Program subsidy loan for Beekman Towers to fund the acquisition and rehabilitation of 124 units of senior and disabled affordable housing (Clinton County).
• Issuance of Multifamily Preservation Program subsidy loan for Historical Park Apartments to fund the acquisition and rehabilitation of 120 units of senior and disabled affordable housing and one nonrevenue unit (Oneida County).

Affordable Homeownership Opportunity Program

• Issuance of Affordable Homeownership Opportunity Program subsidy loans for GRHP Buy the Block for the construction of 5 single-family homes in the City of Rochester (Monroe County), HHQ Smart Housing Readiness Project for the construction of 40 single-family homes in the City of Syracuse and Village of Solvay (Onondaga County), Stella Phase II for the construction of 126 condominium homes in the City of New Rochelle (Westchester County), St. Matthew’s Condos for the construction of 21 condominium units in the Village of East Syracuse (Onondaga County) and Summit Avenue Redevelopment Project for the construction of 38 single-family homes in the City of Schenectady (Schenectady County).

80/20 Amendment

• Amending PACB Resolution No. 08-HF-387 previously approved on August 20, 2008, which approved the financing of a 569-unit multifamily housing development to be known as 320 West 38th Street Apartments located in Manhattan (New York County). The amendment would authorize HFA to remarket the 2014 Refunding Bonds on a public basis.