LEGAL NOTICE PLEASE TAKE NOTICE that the New York State
LEGAL NOTICE
PLEASE TAKE
NOTICE that the New York State Urban Development Corporation, doing business as Empire State
Development
(“ESD” or the “Corporation”), pursuant to Section 16(2) of the New York State Urban
Development
Corporation Act (Chapter 174,
Section 1, Laws of 1968, as amended) (the “Act”), has adopted a General Project Plan (the “Plan”) with respect to the project listed below. Copies of the Plan(s) are available without charge to any person who shall make a
request.
The Corporation will file such Plan(s) in the office of the County Clerk of each Project location. A copy of the Plan is also on file at the principal office of the Corporation, 655 Third Avenue, New York, New York 10017, and is available for inspection by request. Send email requests to: Landgprojectcomments@esd.ny.gov Subject: Plan – Cimolai-HY – New Markets Tax Credit Sub-Allocation. Information regarding the Project is also provided below with the project listing.
PLEASE TAKE FURTHER NOTICE, that, a virtual public hearing to consider the Plan(s), open to all persons, will be held remotely by the Corporation on Friday, October 10, 2025, from 2:00pm to 3:00pm utilizing the Zoom video communications and teleconferencing platform. Detailed instructions for participation in the virtual hearing can be viewed at https://esd.ny.gov/
esd-media-center/public-
notices. Additionally, the public is given an opportunity to comment on the Project(s) by submitting comments electronically to Landgprojectcomments@esd.ny.gov Subject: Comment – Cimolai-HY – New Markets Tax Credit Sub-Allocation by 5:30pm on Friday, October 10, 2025.
Cimolai-HY – New Markets Tax Credit Sub-Allocation – Olean (Western New York Region – Cattaraugus County) – ESD proposes to make a $9,000,000 allocation of New Market Tax Credits for on-site workforce training enhancements, including equipment purchases at 500 Paul Clark Drive. Total project cost is $30,597,222. The project is expected to create approximately 300 jobs.
DATED: September 25, 2025
New York, New York
New York State Urban
Development
Corporation
By: Deborah Royce, Corporate Secretary