Public Authorities Control Board
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Meeting Notice
Proposed Agenda for Next Meeting
Webcast
Approved Resolutions from Last Meeting
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 21, 2021 and June 16, 2021 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
Dylan Williams, 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NOTE: Projects may be added, amended or withdrawn prior to meeting.
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.
On-Demand Webcast
On-Demand webcast links are added as soon as available, and remain for 30 days.
To view the July 21, 2021 On-demand webcast, click the link below:
To view the June 16, 2021 On-demand webcast, click the link below:
If you experience a technical problem, contact your IT department, or email contact@nyn.suny.edu
Approved Resolutions
Note: Approved Resolutions are in PDF format.
July 21, 2021 Meeting
July 21, 2021 Meeting Agenda (PDF)
Empire State Development Corporation
Grants and Loans
- Approving grants via Regional Economic Development Councils for AgriAmerica Grape Juice Factory Capital Project (Chautauqua County), Nelliston Brewery Capital (Montgomery County), Saranac Waterfront Lodge Capital (Essex County), SCS Capital Renovations (Queens County), Seminary Hill Ciders Capital (Sullivan County), Seneca Street Infrastructure Capital (Erie County) and Village of Fredonia Barker Commons Capital (Chautauqua County).
- Approving a grant via Restore New York for City of Troy – 701 River Street RESTORE NY V (Rensselaer County).
- Approving grants via Market New York for Sciencenter Reimagined (Tompkins County), Seminary Hill Ciders Capital (Sullivan County) and Storm King Commission and Exhibition Project (Orange County).
- Approving a grant via Upstate Revitalization Initiative for Oneida County SkyDome Facility Capital (Oneida County).
- Approving a grant via Empire State Economic Development Fund for National Elevator Cab & Door Capital (Kings County).
- Approving a project via USA Niagara Development Corporation for 466 Third Street Land Use Improvement Project.
- Amendment to Moynihan Station Civic and Land Use Project (Phase 2) for Federal Loan Refinancing (Including Bridge Loan Financing).
Dormitory Authority
Loans
Environmental Facilities Corporatio
Loans
Amendments
- Amending PACB Resolution No. 16-EF-693 previously approved on August 17, 2016 for the Drinking Water State Revolving Fund in order to authorize a maturity date extension to the Town of Orleans (Jefferson County).
- Amending PACB Resolution No. 15-EF-671 previously approved on November 18, 2015 for the Clean Water State Revolving Fund Financing (Storm Mitigation Loan Program) in order to authorize a maturity date extension to North Hempstead (Nassau County).
- Amending PACB Resolution No. 16-EF-692 previously approved on August 17, 2016 for the Clean Water State Revolving Fund Financing (Storm Mitigation Loan Program) in order to authorize a maturity date extension to Suffolk County (Suffolk County).
- Amending PACB Resolution No. 14-EF-636 previously approved on November 19, 2014 for the Clean Water State Revolving Fund Financing (Storm Mitigation Loan Program) in order to authorize a maturity date extension to Suffolk County (Suffolk County).
- Amending PACB Resolution No. 16-EF-689 previously approved on August 17, 2016 for the Clean Water State Revolving Fund Financing (Storm Mitigation Loan Program) in order to authorize a maturity date extension to New York City Municipal Water Finance Authority (New York County).
- Amending PACB Resolution No. 16-EF-695 previously approved on September 21, 2016 for the Drinking Water State Revolving Fund Financing (Storm Mitigation Loan Program) in order to authorize a maturity date extension to New York City Municipal Water Finance Authority (New York County).
Housing Finance Agency
Affordable
- Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Parkside Houses for the acquisition and rehabilitation of 180 units of affordable rental housing located in the Town of Amherst (Erie County).
- Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Brewster Mews for the acquisition and rehabilitation of 216 units of affordable rental housing located in the Town of Amherst (Erie County).
- Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Oxford Village Townhomes for the acquisition and rehabilitation of 316 units of affordable rental housing located in the Town of Amherst (Erie County).
- Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Princeton Court for the acquisition and rehabilitation of 304 units of affordable rental housing located in the Town of Amherst (Erie County).
- Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Tall Oaks Apartments for the acquisition and rehabilitation of 150 units of affordable rental housing located in the Town of Middletown (Orange County).
- Issuance of fixed-rate and/or variable-rate, tax-exempt and/or taxable bonds on behalf of Yates Village Phase II for the acquisition and rehabilitation of approximately 211 units of affordable housing (Schenectady County).
Bond Issuances
SONYMA
Homeowner and Mortgage Revenue Bonds
June 16, 2021 Meeting
June 16, 2021 Meeting Agenda (PDF)
Empire State Development Corporation
Grants and Loans
- Approving grants via Regional Economic Development Councils for 723 Warren Street Restoration Capital (Columbia County), Hofstra HighTech Anatomy Teaching Laboratory Capital (Nassau County), Keith Titus Capital (Cayuga County), MetalCraft Marine Capital (Jefferson County) and Star Estate Distillery Capital (Ulster County).
- Approving a grant via Capital Assistance Program for Technology Infrastructure and Economic Development for Sportsfield Specialties Expansion Capital 2020 (Delaware County).
- Approving grants via Downtown Revitalization Initiative for Central Islip Public Plaza DRI 3 Capital (Suffolk County) and The Old Library Restaurant and Inn Capital (Cattaraugus County).
- Approving grants via Urban and Community Development Program for Mark Main Street Campus Capital (Delaware County).
- Approving grants via Resiliency and Economic Development Initiative for Cottages on Oak Orchard River, LLC (Orleans County), Four C's Marina and Lodging, LLC (Orleans County), Sodus Bay Junior Sailing Association, Inc. (Wayne County), Bay Bridge Sport & Bait Shop, LLC (Wayne County), Island View Marina, Inc. (Wayne County), Pier Fifty-three LLC (Wayne County), Pultneyville Yacht Club, Inc. (Wayne County), Sinbad Marine Inc. dba Skipper's Landing (Wayne County), Cory and Lisa Smith (Wayne County), Carnegie Bay Marina, LLC (Jefferson County), Bonnie Castle Marina LLC (Jefferson County), Cape Vincent Marina Inc. (Jefferson County), Angel Rock Properties, Inc. (Jefferson County), Clayton Properties Inc. (Jefferson County), Madison Barracks Marina, LLC (Jefferson County), Carnegie Bay Rentals LLC (Jefferson County), Clayton Yacht Club, Inc. (Jefferson County), Bill Saiff's Westview Lodge & Marina, LLC (Jefferson County), Bass Lane Enterprises LLC dba Shelato Cedar Spring Cottages (St. Lawrence County), Dark Island Tours, Inc. (St. Lawrence County), Clark Marina Corporation (Niagara County), CDF & Associates, LLC dba Spicer Maine Basin (Niagara County), Burt Goodnough's Marina East (Oswego County), Hozmerica, LLC dba Hosmer's Marina & Smuggler's Café (St. Lawrence County), Westage at the Harbor Condominium (Monroe County), Elrado Association, Inc. (Jefferson County), Turtle Cove Resort & Marina, LLC (Cayuga County), Martin's Tidesides Marina LLC (Wayne County) and Coldendeep Development LLC (Wayne County).
- Approving Moynihan Station Civic and Land Use Project (Phase 2) for Federal Loan Refinancing (Including Bridge Loan Financing).
Dormitory Authority
Bond Issuances
- Issuance of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of Iona College at one or more times for a term not to exceed 31 years. Proceeds may be used to refund all or a portion of the Iona College Revenue Bonds, Series 2012A and 2012B Bonds issued by DASNY and to purchase Concordia College campus located in Bronxville, NY. Bonds are expected to be sold through a negotiated offering.
- Issuance of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of Long Island University at one or more times for a term not to exceed 20 years. Proceeds may be used to refund all or a portion of the Long Island University Subseries 2006A-1, Subseries 2006A-2, and Series 2012 Bonds issued by DASNY. Bonds are expected to be sold through a private placement.
- Issuance of fixed and/or variable rate, tax-exempt and/or taxable bonds on behalf of New York University at one or more times for a term not to exceed 31 years. Proceeds may be used to: (i) finance, refinance, or reimburse costs associated with numerous construction and renovation projects located throughout the New York University system and (ii) to refund a portion of the University’s Series 2016A Bonds issued by DASNY. Bonds are expected to be sold through negotiated offering and/or private placement.
Environmental Facilities Corporation
Loans
- Approving State Clean Water Revolving Fund – Direct Financing Projects for the City of Lockport (Niagara County), Village of Perry (Wyoming County), Town of Coeymans (Albany County), Village of Perry (Wyoming County) and Village of Westfield (Chautauqua County).
- Approving State Drinking Water Revolving Fund – Direct Financing Projects for the Village of Mexico (Oswego County).
Amendments
- Amending PACB Resolution No. 18-EF-731 previously approved on January 24, 2018 for the Clean Water State Revolving Fund in order to authorize a funding increase and project scope modification to the Livingston County Water and Sewer Authority (Livingston County).
- Amending PACB Resolution No. 16-EF-680 previously approved on April 20, 2016 for the Clean Water State Revolving Fund in order to authorize a maturity date extension to Suffolk County (Suffolk County).
- Amending PACB Resolution No. 17-EF-707 previously approved on February 15, 2017 for the Clean Water State Revolving Fund in order to authorize a funding increase and maturity date extension to the Village of Red Hook (Dutchess County).
- Amending PACB Resolution No. 16-EF-688 previously approved on July 20, 2016 for the Clean Water State Revolving Fund Financing (Storm Mitigation Loan Program) in order to authorize a maturity date extension to the Town of Highlands (Orange County).
- Amending PACB Resolution No. 18-EF-732 previously approved on January 24, 2018 for the Drinking Water State Revolving Fund in order to authorize a funding increase to the Village of Newark (Wayne 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 funding increase to the Town of Granby (Oswego County).