Ordinance No. 2012 ORDINANCE AUTHORIZING AN AGREEMENT BETWEEN THE CITY OF SYRACUSE, THE CITY OF SYRACUSE INDUSTRIAL DEVELOPMENT AGENCY AND CAMERON HILL CONSTRUCTION, LLC FOR ANNUAL. PAYMENTS IN LIEU OF TAXES WITH RESPECT TO THE PROPERTY LOCATED AT 601 UNIVERSITY AVENUE, SYRACUSE, NEW YORK BEIT ORDAINED, that the Mayor, on behalf of the City of Syracuse, be and she is hereby authorized to enter into a thirty (30) year Payment In Lieu Of Tax Agreement (“PILOT”) with Cameron Hill Construction, LLC, covering the property located at 601 University Avenue, Syracuse, New York; payments under this agreement would be made as if the property were still owned by Cameron Hill Construction, LLC and privately assessed, subject to the exemption contained in Section 485-b of the New York Real Property Tax Law, with payments under the ‘Agreement to be made pursuant to the attached Exhibit “B”; and BE IT FURTHER ORDAINED, that the PILOT agreement authorized herein shall contain the following conditions that must be complied with in order for the payment scheduled to remain in full force and effect namely: 1. Cameron Hill Construction, LLC (“Cameron”), its successors or assigns, shall hire ten (10) minority unemployed or underemployed individuals to work on the construction of the approximately 85,000 square foot building that Cameron will construct to house the new Syracuse University Bookstore, Fitness Center and approximately 7,300 square feet of commercial retail space on the site adjacent to the University Avenue Garage between Adams and Harrison Streets (the “Building”). Cameron will directly, or through its contractor, hire ten (10)individuals who are referred to Cameron by Green Train, Vision Change, Syracuse BOC, Mercy Works or other similar agencies and who have the desire to work on and receive on-the-job training in various aspects of the construction of the Building, The ten (10) employees hired pursuant to this agreement would be compensated at the prevailing wage for an apprentice laborer. In addition, Cameron will encourage its commercial retail operators to engage in minority hiring, job training and apprenticeships; In addition, Cameron shall enter into an agreement with Syracuse University (the “University”) to confirm that the University will implement the comprehensive educational and instructional program in fitness at the new Fitness Center to be located within the Building for the city youth ages 12-17 years old as described in the University’s letter of May 22, 2012 to Councilors Hudson and Bey; Cameron Hill Construction, LLC shall provide a statement from its Chief Financial Officer to the City Auditor at the commencement of construction and quarterly thereafter during construction certifying that it is in compliance with the employment conditions stated in this Ordinance; Syracuse University shall provide a statement to the City Auditor annually commencing at completion of the new facility certifying that it is in compliance with the youth program and the public access conditions stated in this Ordinance; and Furthermore, the aforementioned conditions shall be considered material terms of the PILOT Agreement breach of which will result in the attached payment schedule being revoked after a reasonable time to cure has been provided to Cameron by SIDA and the City; andBE IT FURTHER ORDAINED, that the City Clerk is hereby directed to transmit a certified copy of this Ordinance to the Chair of the Syracuse Industrial Development Agency, Syracuse University and Cameron Hill Construction, LLC; and BE IT FURTHER ORDAINED, that payments made thereunder will be shared with Onondaga County in the same proportion that present real property tax revenues are shared.