Public Authorities Control Board

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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 September 11, 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

Regular and special meetings will be announced in advance on this site.

Next Meeting Agenda

Next regular meeting agenda will be available one week before the meeting.

NOTE: Projects may be added, amended or withdrawn prior to meeting.

Note: Meeting agenda is in PDF format.

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 September 12, 2024 On-demand webcast, click the link below:

• September 12, 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.

September 12, 2024 Meeting

September 12, 2024 Meeting Agenda

Empire State Development Corporation

Grants and Loans

• Approving grants via Regional Economic Development Councils for Ledge Hill Farm Brewery Expansion Capital (Essex County), Nine Pin Ciderworks Capital (Albany County), Sparkling Pointe Capital (Suffolk County), NYSARC – Elaine Seiff Educare Capital (Suffolk County), PaperWorks Capital (Onondaga County), BRF Capital (2) (Wayne County), Wells Enterprises Capital (Chautauqua County), Community Based Services Expansion Capital (Putnam County), Studio Central Post Production Capital (Onondaga County), Intrepid Reconstruction Capital (New York County), Port Washington Film and TV Production Studios Capital (Nassau County), Three Brothers Wineries Capital (Seneca County), PWG Wine Company Carbonator Capital (Suffolk County), Willow Domestic Violence Center Capital (Monroe County), Greater Oneonta Historical Society Capital (Otsego County), Landcraft Garden Foundation Greenhouse Capital (Suffolk County), Oerlikon Metco Miyano Expansion Capital (Nassau County), Metal Cladding Capital (Niagara County) and A Work of Heart Childcare Capital (Suffolk County).
• Approving grants via Downtown Revitalization Initiative Fund for Genesee County YMCA Healthy, Living Campus DRI Capital (Genesee County), 48 Main Street DRI Capital (St. Lawrence County), 205 Lombard Container Farms DRI Capital (Erie County), 1021 Broadway Childcare Capital (Erie County) and Dietz St. Lot Mixed-Use Capital (Otsego County).
• Approving grants and loans via Buffalo Regional Innovation Cluster – Better Buffalo Fund for Monroe Building Capital – LOAN (Erie County) and 1325 Michigan Capital (Erie County).
• Approving a grant via Economic Development Fund for Wells Enterprises Capital (Chautauqua County).
• Approving a grant via Regional Economic and Community Assistance Program for Clinton County – Beta Production Flight Test Facility (Clinton County).
• Approving grants via Restore NY Communities Fund for City of Syracuse – Northside Transformation Initiative Restore NY V (Onondaga County) and Village of Liberty – Liberty Theater Restoration Restore NY V (Sullivan County).

Bond Issuances

• 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. The projects to be financed or reimbursed include the following: Economic Development, Housing, SAM and Transportation Initiatives.

Environmental Facilities Corporation

Loans

• Approving State Clean Water Revolving Fund – Direct Financing Projects for the Town of Bath (Steuben County), Town of Bellmont (Franklin County), Village of Brownville (Jefferson County), Buffalo Sewer Authority (Erie County), Village of Catskill (Greene County), Town of De Kalb (St. Lawrence County), Village of Herkimer (Herkimer County), Hudson River Black River Regulating District, Town of Martinsburg (Lewis County), Town of Moriah (Essex County), Town of Newfane (Niagara County), Rensselaer County, Town of Rockland (Sullivan County), Saratoga County, Village of Sodus (Wayne County), City of Syracuse (Onondaga County), Town of Thompson (Sullivan County), Village of Tupper Lake (Franklin County), Town of Webb (Herkimer County), and Westchester County.
• Approving State Drinking Water Revolving Fund – Direct Financing Projects for the Village of Delanson (Schenectady County), Town of Louisville (St. Lawrence County), City of Oneonta (Otsego County), Town of Scio (Allegany County), Village of South Blooming Grove (Orange County), Village of Tupper Lake (Franklin County), Water Authority of Great Neck North (Nassau County) and Village of Woodridge (Sullivan County).

Amendments

• Amending PACB Resolution No. 19-EF-789 previously approved on October 16, 2019 for the Clean Water State Revolving Fund in order to authorize a maturity extension to the Village of Cayuga Heights (Tompkins County) and City of Plattsburgh (Clinton County).
• Amending PACB Resolution No. 23-EF-879 previously approved on February 15, 2023 for the Clean Water State Revolving Fund in order to authorize a funding increase to the Town of Gorham (Ontario County).
• Amending PACB Resolution No. 19-EF-784 previously approved on September 11, 2019 for the Drinking Water State Revolving Fund in order to authorize a funding increase and maturity extension to the Village of Alfred (Allegany County).
• Amending PACB Resolution No. 19-EF-791 previously approved on November 20, 2019 for the Drinking Water State Revolving Fund in order to authorize a maturity extension to the Town of Berlin (Rensselaer County).
• Amending PACB Resolution No. 17-EF-726 previously approved on October 18, 2017 for the Drinking Water State Revolving Fund in order to authorize a maturity extension to the Town of Esperance (Schoharie County).
• Amending PACB Resolution No. 18-EF-746 previously approved on September 19, 2018 for the Drinking Water State Revolving Fund in order to authorize a maturity extension to the Village of Fonda (Montgomery County).
• Amending PACB Resolution No. 20-EF-806 previously approved on June 24, 2020 for the Drinking Water State Revolving Fund in order to authorize a maturity extension and funding increase to the Village of Greenwich (Washington County).

Housing Finance Agency

Personal Income Tax Revenue Bonds

• Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of 115 South Macquesten Parkway for the site acquisition and new construction of 315 residential rental units in two buildings in Westchester County.
• Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Freedom Springs for the site acquisition and new construction of 118 rental units in a three-story building and a single-story community facility building in Albany County.
• Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Station Plaza for the new construction of 109 rental units in an eight-story building and a four-level detached parking garage in Westchester County.
• Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of White Plains Road Apartments for the new construction of 135 revenue-generating units in an eight-story building in Bronx County.
• Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Willow at the Ridgeway (Ridgeway VI) for the new construction of an eight-story building with 92 revenue-generating senior units in Westchester County.

Multifamily Preservation Program Subsidy Loan

• Issuance of Multifamily Preservation Program subsidy loan for Town and Country Apartments to fund the acquisition and rehabilitation of 257 units of affordable housing (Ulster County).

Affordable Homeownership Opportunity Program

• Issuance of Affordable Homeownership Opportunity Program subsidy loans for Adams Street Infill Housing Initiative for the construction of 12 single-family homes in the City of Buffalo (Erie County).

SONYMA

Homeowner Mortgage Revenue Bonds

• Issuance of Homeowner Mortgage Revenue Bonds to continue to fund SONYMA’s mortgage programs and to generate cash flow savings through refundings.

Dormitory Authority

Bond Issuances

• Issuance of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of Montefiore Obligated Group (Montefiore Medical Center).
• Issuance of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of Northwell Health Obligated Group (Northwell Healthcare, Inc.).
• Issuance of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of White Plains Hospital Obligated Group (White Plains Hospital Medical Center).
• Issuance of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of NYU Langone Hospitals Obligated Group (NYU Langone Hospitals).