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OrdinanceNo.2012
ORDINANCEAUTHORIZINGANAGREEMENTBETWEENTHECITYOFSYRACUSE,THECITYOFSYRACUSEINDUSTRIALDEVELOPMENTAGENCYANDCAMERONHILLCONSTRUCTION,LLCFORANNUALPAYMENTSINLIEUOFTAXESWITHRESPECTTOTHEPROPERTYLOCATEDAT601UNIVERSITYAVENUE,SYRACUSE,NEWYORK
BEITORDAINED,thattheMayor,onbehalfoftheCityofSyracuse,beandsheisherebyauthorizedtoenterintoathirty(30)yearPayment
In
LieuOfTaxAgreement("PILOT")withCameronHillConstruction,LLC,coveringthepropertylocatedat601UniversityAvenue,Syracuse,NewYork;paymentsunderthisagreementwouldbemadeasifthepropertywerestillownedbyCameronHillConstruction,LLCandprivatelyassessed,subjecttotheexemptioncontainedinSection485-boftheNewYorkRealPropertyTaxLaw,withpaymentsundertheAgreementtobemadepursuanttotheattachedExhibit"B";andBEITFURTHERORDAINED,thatthePILOTagreementauthorizedhereinshallcontainthefollowingconditionsthatmustbecompliedwithinorderforthepaymentscheduledtoremaininfullforceandeffectnamely:1.CameronHillConstruction,LLC("Cameron"),itssuccessorsorassigns,shallhireten(10)minorityunemployedorunderemployedindividualstoworkontheconstructionoftheapproximately85,000squarefootbuildingthatCameronwillconstructtohousethenewSyracuseUniversityBookstore,FitnessCenterandapproximately7,300squarefeetofcommercialretailspaceonthesiteadjacenttotheUniversityAvenueGaragebetweenAdamsandHarrisonStreets(the"Building").Cameronwilldirectly,orthroughitscontractor,hireten(10)
 
individualswhoarereferredtoCameronbyGreenTrain,VisionChange,SyracuseBOC,MercyWorksorothersimilaragenciesandwhohavethedesiretoworkonandreceiveon-the-jobtraininginvariousaspectsoftheconstructionoftheBuilding.Theten(10)employeeshiredpursuanttothisagreementwouldbecompensatedattheprevailingwageforanapprenticelaborer.Inaddition,Cameronwillencourageitscommercialretailoperatorstoengageinminorityhiring,jobtrainingandapprenticeships;2.Inaddition,CameronshallenterintoanagreementwithSyracuseUniversity(the"University")toconfirmthattheUniversitywillimplementthecomprehensiveeducationalandinstructionalprograminfitnessatthenewFitnessCentertobelocatedwithintheBuildingforthecityyouthages12-17yearsoldasdescribedintheUniversity'sletterofMay22,2012toCouncilorsHudsonandBey;3:CameronHillConstruction,LLCshallprovideastatementfromitsChiefFinancialOfficertotheCityAuditoratthecommencementofconstructionandquarterlythereafterduringconstructioncertifyingthatitisincompliancewiththeemploymentconditionsstatedinthisOrdinance;4.SyracuseUniversityshallprovideastatementtotheCityAuditorannuallycommencingatcompletionofthenewfacilitycertifyingthatitisincompliancewiththeyouthprogramandthepublicaccessconditionsstatedinthisOrdinance;and5.Furthermore,theaforementionedconditionsshallbeconsideredmaterialtermsofthePILOTAgreementbreachofwhichwillresultintheattachedpaymentschedulebeingrevokedafterareasonabletimetocurehasbeenprovidedtoCameronbySIDAandtheCity;and
 
BEITFURTHERORDAINED,thattheCityClerkisherebydirectedtotransmitacertifiedcopyofthisOrdinancetotheChairoftheSyracuseIndustrialDevelopmentAgency,SyracuseUniversityandCameronHillConstruction,LLC;andBEITFURTHERORDAINED,thatpaymentsmadethereunderwillbesharedwithOnondagaCountyinthesameproportionthatpresentrealpropertytaxrevenuesareshared.
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