HomeMy WebLinkAbout10-29-02 Budget & Administration Committee Meeting Agenda BUDGET AND ADMINISTRATION COMMITTEE
OCTOBER 29, 2002
FOLLOWING 7 :00 P.M. BUDGET MEETING #5
COMMON COUNCIL CHAMBERS
AGENDA
Statements from the Public
Amendments to Tonight' s Agenda
A. Building Department
1 . Proposed Fee Charges and Increases - Discussion (15 min. )
B. Planning Department
1 . Request Funds for Neighborhood Improvement Incentive -
Discussion/Resolution (10 min. )
C. DPW/TCAT
1 . Request to Amend TCAT Consolidation Agreement - Resolution
(15 min. )
D. Chamberlain
1 . Real Property Tax Exemptions for Senior Citizens and
Persons with Disabilities - Discussion (25 min. )
E. Controller
1 . Request to Extend Cooperative Energy Contract - Resolution
(5 min. )
2 . Establish Mandatory Debt Reserve for Proceeds from Sale of
Carpenter Business Park - Resolution (5 min. )
F. Reports
1 . Mayor' s Report
2 . Council Members' Announcements
3 . Next Month' s Meeting: 11/18, 11/19 or 11/21/02?
,y
�S Controller - Request to Establish Mandatory Debt Reserve for
Proceeds from Sale of Carpenter Business Park
WHEREAS, Carpenter Business Park has recently been sold for
$970, 000 with the City' s share of the proceeds at $378, 977 . 92,
and
WHEREAS, the City is required by General Municipal Law to
establish a Mandatory Debt Reserve from the proceeds of the sale
of property to pay off any outstanding debt on the property, and
WHEREAS, as of December 31, 2002, the Carpenter Business Park
Acquisition has an outstanding debt balance of $116, 000, which
needs to be paid off from the proceeds of the sale, and
WHEREAS, the remaining portion of the proceeds, $262, 977 . 92, can
be used by the City for any purpose and have been included in
the 2003 Budget as revenue to assist with balancing the 2003
Budget; now, therefore, be it
RESOLVED, That Common Council hereby establishes a Mandatory
Debt Reserve #28 Carpenter Park Proceeds in an amount not to
exceed $378, 977 . 92 , and be it further
RESOLVED, That the City Controller is hereby directed to pay off
the outstanding debt on the Carpenter Business Park Project of
$116, 000 and use the remaining portion as revenue from Sale of
Property in the 2003 Budget .
9/18/2002
Carpenter Business Park
Uses & Sources of Project Costs
City of Ithaca, NY
Sources
Uses FEDERAL LOCAL
CDBG ARC UDAG CITY IURA NYSEG Totals
I Wisc.Revenue l I
Land Acquisition $126,386; i $24,614 $35,000; $186,000
Professional Fees $5,014; $65,625; $2,905; $73,544
Financing costs $3,564; $3,564
BAN interest $10,972; $10,972
Utility station $42,968 $42,968
Construction $150,000; $240,429; $390,429
Miscellaneous ; ; $1,875; $1,286; $3,161
TOTALS 1 $131,400; $150,000; $24,614 $357,464; $4,191; $42,9681 $710,637
%of Total 18.49% 21.11% 3.46% 50.30% 0.59% 6.05% 100.0%
Federal Local
$306,014 $404,623
43.06% 56.94%
Abbreviations:
CDBG=Small Cities Community Development Block Grant program
ARC=Appalachian Regional Commission
CITY=City of Ithaca,capital project#233,authorized by Common Council on 1/1/90 and 3/31/01
IURA=Ithaca Urban Renewal Agency
NYSEG=New York State Electric&Gas
Notes:
1. CDBG funding consists of following award:1981-$9,400;1982-$32,000;and 1984-$90,000
2. 1985 ARC funding award=$150,000
3. The Carpenter Business Park project included acquisition and development of a 2.25 acre community garden.
4. Uses of ARC funds are imputed,as funds were paid to City in lump sum after project completion.
5. Interest paid on bonds approximately equalled interest earned on invested funds prior to disbursement per S.Thayer,Deputy Controller,5/1/02.
6. Supporting documentation for IURA funded uses located at IURA.
7. Supporting documentation for all other project costs located at Controller's Office.
Prepared by N.Bohn,IURA
Page 3
911812002
Carpenter Business Park Disposition
Allocation of Proceeds from Property Sale
Net Proceeds From Sale
Income Expenses Net Proceeds
Income:
Sales Price-Building Links,Inc. $900,000.00
Option Price-Community Gardens property $70,000.00
Total-Fair Market Value $970,000.00
Expenses:
Selling Expenses of City of Ithaca:
Appraisal-NorthEast Appraisal $2,450.00
Subtotal-Selling Expenses of City $2,450.00
Selling Expenses of IURA:
Brokerage Fee-Lama $35,000.00
Brokerage Fee-Edelman $19,000.00
Survey-T.G.Miller $1,750.00
Abstract-Monroe-Tompkins-Watkins Title $265.00
Deed stamps,etc.-County Clerk $3,898.00
Copying-Dataflow $77.55
Insurance,liability-Selective $427.50
Insurance,property-Ithaca Agency,Haylor $732.20
Legal advertisements-Ithaca Journal $152.69
Legal advertisement-Syracuse Newspapers $18.00
Legal advertisement-Democrat&Chronicle $172.35
IURA staff time,7/99-9/02 $13,490.41
Subtotal-Selling Expenses of IURA $74,983.70
Minus Total Selling Expenses: $77,433.70
Net Proceeds From Sale $892,566.30
Allocation of Net Proceeds'
(Apportionment Based on Pro-Rata Project Funding)
%of Total Share of
Funding Source Proiect Fundinq Net Proceeds
CDBG 18.49% $165,039.55
ARC 21.11% $188,401.31
UDAG Miscellaneous Revenue 3.46% $30,915.40
Subtotal-Federal: 43.06% $384,356.27
City of Ithaca 50.30% $448,977.92
Other Local-IURA&NYSEG 6.64% $59,232.12
Subtotal-Local: 56.94% $508,210.03
Total 100.00% $892,566.30
Page 4- -
Final Allocation of Proceeds From Sale of Carpenter Business Park
Reimbursement of Selling Costs:
City of Ithaca (�+ K 'a xO lb 0/49 $2,450.00
IURA $74,983.70
Federal Reimbursement:
39.6%Share of Net Proceeds to IURA-Restricted Use:CDBG Eligible Activities $353,440.87
3.46%Share of Net Proceeds to IURA -Restricted Use:UDAG Eligible Activities $30,915.40
Local:
6.64%Share of Net Proceeds to IURA-Unrestricted Use $59,232.12
50.3%Share of Net Proceeds to City of Ithaca-Unrestricted Use 16103 $378,977.92
City of Ithaca-Community Gardens,Retention or Receipt of Future Option Proceeds $70,000.00
Total Fair Market Value of Property $970,000.00
Notes:
1. "Carpenter Business Park Disposition"includes disposition of the Community Gardens parcels for the purposes of this analysis.
2. Per 24 CFR 570.505(b):Upon disposition of a CDBG asset,the recipients CDBG program shall be reimbursed in the amount
of the current fair market value of the property,less any portion of the value attributable to expenditures of non-CDBG funds.
3. IURA sold Carpenter Business Park to Building Links,Inc.for$900,000 on 2119102.As part of the sales agreement,
the City executed an option agreement with Building Links,Inc.on 02/14/02 to sell the 2.25 acre Community Gardens property
for$70,000 subject to approval of the lessee(Project Growing Hope,Inc.)or expiration,and non-renewal of the lease,in 2013.
4. Abbreviations:
CDBG=Small Cities Community Development Block Grant Program(administered by HUD)
ARC=Appalacian Regional Commission grant(administered by HUD)
IURA=Ithaca Urban Renewal Agency
UDAG=Urban Development Action Grant(administered by HUD)
HUD=U.S.Department of Housing&Urban Development
Prepared by N.Bohn,IURA,reviewed by IURA Budget&Admin.Committee 9.18.02
Page 5
ADVANTAGE 3556 Lakeshore Road
ENERGY, Suite 120
®_ Buffalo,NY 14219
AWL IN C. 716.826.9778 •Fax 716.826.9726
Toll free 1.800.594.4349
E-mail info@advantageenergyusa.com
CONTRACT EXTENSION AUTHORIZATION
This document shall serve as authorization to extend the term of contract between
("Customer") and Advantage Energy, Inc("Advantage")whereby Advantage is the supplier of electricity
to Customer. The original contract was due to expire on March 31, 2003. However, this Contract
Extension Authorization hereby extends that contract for one additional year. The new expiration date is
the first meter read date after March 31,2004.
ADVANTAGE CUSTOMER
Signed: Signed:
Name: Jody M. Spaeth Name:
Title: Vice President Marketing&Sales Title:
Advantage Energy,Inc Company:
3556 Lake Shore Rd, Suite 120 Address:
Buffalo,NY 14219 City:
Tel: (716) 826-9778 fax: (716) 826-9725 Tel/fax:
Customer ID:
Meter#:
The Power of Piftership
MUNICIPAL ELECTRIC & GAS ALLIANCE
9 Sheldon Guile Boulevard • Owego,New York 1 3827
A Local Development Corporation
Phone:607-687-2380 • Fax:607-687-4236
October 6,2002 w w w.m e g a e n e r g y.o r g
City of Ithaca.
108 East Green St.
Ithaca,NY 14850
Attention: Mr. Stephen Thayer
Re: Extension of Contract with Advantage Energy, Inc.
Dear Stephen Thayer,
It is a pleasure to tell you about lower electricity rates, thanks to the growing market power of the
Municipal Electric and Gas Alliance(MEGA).
MEGA, of which your municipality is a participant, has endorsed a one-year extension of our preferred
supplier agreement with Advantage Energy, Inc. (AEI) of Buffalo. We do so because,beginning January
1, 2003,our new arrangement with AEI will give you substantially increased savings.
The original program agreement we entered into with Advantage in March 2001, and which would
terminate in March 2003, provides the option for MEGA to enter into up to three one-year extensions.
With this first one-year extension, MEGA retains the option of bidding the program next year for service
after March 2004.
In the meantime, here are the features of our new agreement with AEI, features which are available for
your municipal accounts simply by executing the enclosed AEI Extension Agreement.
• Your overall savings will grow,for many accounts by more than 100%.
• AEI will enroll your accounts in the new NYSEG raze plan appropriate to your needs. You will
be seeing a great deal of mail and publicity about the new rate plans in the coming weeks.
MEGA has closely monitored the NYSEG rate case, and we have determined that giving our
supplier, AEI, responsibility for enrolling your accounts will assure that you continue to receive
the lowest rates possible, at no risk.
• Green power (environmental, renewable sources) will be available to your accounts, should you
request it, later this year. Green energy costs substantially more than the market price you
currently pay, so MEGA will make it available only to those customers that expressly request it.
If you desire pricing for green electricity later this year, please send the enclosed request form to
the MEGA office at your earliest convenience.
The enclosed letter from AEI describes how the new program will benefit you. It also provides both a
summary of your savings to date, and an estimate of what your savings will be for the coming term.
MEGA's board of directors and its consultants, Salerni&Boyd, Inc.,have reviewed AEI's offer in detail,
and we are satisfied that it meets all of the requirements necessary for municipalities, as well as for other
customers, and also provides a price for electricity that is as good or better than any other available in
today's marketplace.
MEGA is proud of the savings we have brought to municipal, residential and commercial customers
throughout our six-county region, and we look forward to serving you for the coming years. Please see
that the enclosed agreement and resolution are promptly acted upon and returned in the postage paid
envelope, so that your electric savings can continue and grow without interruption. If you have any
questions,please contact the MEGA office at 607-687-2380 or Salerm&Boyd at 518-580-9244.
Sincerely,
C�'& zt�-
Stuart Stein
President and Acting Executive Director
ADVANTAGE 3556 Lakeshore Road
ENERGY Suite 120
Buffalo,NY 14219
AWL IN N C. 716.826.9778 •Fax 716.826.9726
Toll free 1.800.594.4349
E-mail info@advantageenergyusa.com
October 2002
City Of Ithaca
202 Water St
Ithaca,NY 14850
Advantage Energy, Inc. is pleased to have served your electric supply needs over the past 18 months, and
we are also pleased to have received the endorsement of the Municipal Electric and Gas Alliance
(MEGA), to continue as your supplier through March 2004.
The good news for you is that your savings will increase. All you need to do is to execute the enclosed
agreement and return it to our offices as soon as possible.
Savings summary to date
You may be wondering how much you have saved up to now, since signing with MEGA in Spring 2001.
We have calculated that for your accounts,you have saved$26,626.72 through September 2002.
Savings estimate beginning Jg anuary 2003
When the NYSEG rates change in January,your savings will increase substantially, for some accounts by
more than 100%. Based on your usage history, we estimate that your overall savings will be $47,840.41
through March 2004. If you are interested in annualizing that figure for budgeting purposes, you can
divide the savings by 15 months, then multiply by 12 to get an estimate for calendar year 2003.
Rate Plan Enrollment
Over the coming weeks, you will receive mail and see publicity from NYSEG utility about a variety of
rate plans available to customers starting in January. MEGA has reviewed your accounts and has made
recommendations to us that maximize your savings and limit your exposure to market volatility.
Accordingly, upon MEGA's recommendation, we will enroll your accounts in the rate plan that assures
these objectives will be met.
Extension Agreement
Please execute the enclosed extension agreement at your earliest convenience. Doing so will allow us to
immediately enroll your accounts in the correct NYSEG rate plan, while assuring you of immediate
savings increases starting January 2003.
If you have any questions about these terms or any other aspect of AEI's service to you, please don't
hesitate to call us at 888-649-4464.
Sincerely,
Jody M. Spaeth
Vice President- Sales and Marketing
..... CITY OF ITHACA
108 East Green Street Ithaca, New York 14850-5690
_�►�,,� ,,r`�� BUILDING DEPARTMENT
Telephone: 607/274-6508 Fax: 607/274-6521
I OCT 22 2002 �
iJ
MEMORANDUM
To: Patricia Vaughan, Chair, Budget& Administration Committee
From: Phyllis Radke, Building Commissioner tr-
Re: Building Department Fee Adjustments
Date: October 22, 2002
Two primary services the Building Department provides are building permit approval and
inspections, and housing inspections. The current fees for building permits and rental housing
inspections adequately compensate the dedicated staff time. However, there are other
responsibilities that the Department is charged with that require considerable staff time but are
inadequately compensated by application fees. The services that need to have fee adjustments
are Certificates of Compliance for single family homes, lot line adjustment certificates, and
appeals to the Zoning Board.
Banks are frequently requiring single-family homes to have a current Certificate of
Compliance in order for the buyer to procure a mortgage. Under the City of Ithaca Housing
Ordinance, single family homes are required to have a housing inspection every five years.
There is no fee because the Ordinance does not require the Building Department to issue a
Certificate of Compliance after violations of the Housing Ordinance are corrected.
Nevertheless, there is a cost to do the inspection, list the violations and to conduct all
necessary reinspections. The strong housing market has caused a significant increase in the
request for single family home inspections.
I am proposing that a flat fee of$100 be charged for Certificates of Compliance for single
family homes and $150 for two-family owner-occupied homes that are being sold. The
Certificate of Compliance will include all associated housing inspection fees, an electrical
survey, and a defects removed letter from the City's Electrical Inspection Bureau.
In 1998 the ordinance concerning the Subdivision of Land was rewritten so that the Building
Commissioner could issue Certificates of Lot line Adjustments. A lot line adjustment is
typically sought when someone buys property from an adjacent property and incorporates the
addition into their parcel. In order to issue a lot line certificate the Building Commissioner
must make sure that the adjustment"will not violate any City codes". It also requires
`An Equal Opportunity Employer with a commitment to workforce diversification."
To: Patricia Vaughan, Chair, Budget& Administration Committee October 22, 2002
From: Phyllis Radke, Building Commissioner
Re: Building Department Fee Adjustments Page 2
compiling and reviewing survey maps and property deeds. The fee for a lot line adjustment is
currently$50. I am proposing to increase the fee to $100 for one- and two-family residential
properties and$150 for all others to more adequately reflect the time it takes to issue this
Certificate.
The major fee increases I propose pertain to zoning variances and appeals. Currently these
fees basically cover the cost to run public notices in the newspaper. The problem is that
appeals and variances are very time consuming for building department staff and the number
of variances per year are increasing because of new zoning districts, increases in new
construction, and new home purchases. In 2001, the Department handled 24 variances. This
year we have had 41 cases. Depending on the number of cases in any given month, Kathleen
Boyd, the department's Administrative Secretary, spends approximately a third to half of her
time preparing cases for the Board of Zoning Appeals. In the past, I have spent at least a third
of my time dealing with zoning issues. This time constraint is now shared with our Plan
Examiner. Regardless of how the work is shared amongst us, applicants need to better
compensate the City for the staff time spent for Zoning Board appeals and variances. I have
looked at fee schedules in other New York municipalities and feel that the proposed increases
are in line and more than justified.
The last item is a clean-up item. Currently, a person can renew a building permit for$25 or
10%of the original permit fee. However, the minimum cost for a building permit is $30. I
would like to adjust the minimum renewal fee to $30 or 10% of the original cost, whichever is
larger. Also, no restriction was ever placed on the number of times a person can renew a
building permit. In most cases a building permit is good for two years. I am proposing to add
language that would limit building permits to being renewed only once.
PR/kb
°�i CITY OF ITHACA
108 East Green Street Ithaca, New York 14850-5690
}
�C+ r•� BUILDING DEPARTMENT
��RAIEO Telephone: 607/274-6508 Fax: 607/274-6521
October 22, 2002
PROPOSED FEE CHANGES:
Certificate of Compliance, 210-43
Add under 210-43.D.(3):
"Home owners wishing to procure a Certificate of Compliance for their house for purposes of
selling the building will be assessed a service charge of$100 for a single family owner-occupied
home and $150 for a two family owner-occupied dwelling. Fees for such service include filing,
fee, housing inspection fee, an electrical survey and a defects removed letter from the City's
Electrical Inspection Bureau.
Lot Line Adjustment Fees, 290-15
Current fee: $50
Proposed change: $100 for one- and two-family lots, $150 for all others.
(Note: Planning Department might want to revise subdivision fees)
Zoning Fees, 325-40.B.(2)(d)
Current fees:
Area and use variances for one- or two-family owner occupied dwelling: $50.
Area and use variances for non-owner-occupied residential one- and two-family dwellings,
multiple dwellings, commercial properties, and sign variances: $75
Proposed changes:
Area variances for deck or swimming pool: one- and two-family dwellings $50; all other area
variances for one- and two-family dwellings: $100
Area variances for multiple residence buildings, commercial properties, or sign variances: $150
Appeals of commissioner's interpretation: $150
All use variances: $300
Special permit applications for accessory apartments (change 325-10.B.(1)(h), currently$15),
bed &breakfast homes, and home occupations: $100.
All other special permit applications (including bed &breakfast inns): $150.
Building permits 146-6.C.(2)(a)[4]
Current:
Building permit fee renewal: $25 or 10% of the original permit fee, whichever is larger.
Proposed change: $30 or 10% of the original permit fee, whichever is larger. Building permits
can only be renewed once.
An Equal Opportunity Employer with a commitment to workforce diversification." ��
To: Budget and Administration Committee S 2 0 2002
From: Phyllis Radke, Building Commissioner
Re: Proposed Fee Charges and Increases
Certificate of Compliance Fees for Owner- Occupied Dwellings
The Housing Ordinance states that all residential buildings shall be inspected at least
every five years. Since rental properties are suppose to be inspected every three years this
leaves a requirement for owner occupied homes to be inspected at 5- year intervals.
Homeowners generally do no want their properties inspected. The Housing ordinance
does not require homeowner's to pay for a fee for a housing inspection of an owner
occupied unit. However, the recent property market has seen a large increase in owners
requesting the Building Department to conduct Certificate of Compliance inspections.
One reason for this change is that many banks require homes to have a current Certificate
of Compliance as a condition for lending money. The buyer of the home needs a
certificate in order to obtain a mortgage.
The Housing Ordinance stipulates Certificate of Compliance fee for rental units. (See:
City of Ithaca Housing Ordinance Section 210-42). I am proposing a new fee for owner
occupied homes that request a Certificate of Compliance because they are selling their
house. The fee will be $100 for a single family home and $150 for a duplex. This fee
justifies the cost to process the application and for the building to be inspected by a code
and electrical inspector.
Lot Line Adjustments
In 1998, the Subdivision Ordinance was changed to include Lot Line Adjustment
Certificates for a fee of$50. After a review of the applicable site surveys and deed
descriptions and a determination that the properties involved will remain in compliance
with all land use regulations, the Building Commissioner can issue this certificate. It
generally takes a couple of hours to review documentation, zoning compliance and to
write the certificate for each lot line adjustment application. The property owner benefits
form the lot line adjustment in that the property becomes more valuable or useable. Fees
should be adjusted to $100 for one and two family lots and $150 for all other
applications.
Zoning Fees:
Aside from the building and housing inspection programs, a program that continues to
grow in size is zoning inspection and enforcement. The Planning Department creates and
amends different zoning districts in the City but it is the sole responsibility of the
Building Department to review projects for zoning compliance, to enforce the Zoning
Ordinance and to support the Board of Zoning Appeals. In the last couple of years at least
10 new zoning districts have been created. As the City's master plan for development
becomes more complex so do the requirements of each zoning district.
The Building Department spends an enormous amount of time dealing with a variety of
zoning issues. Even when a property owner plans on just increasing occupancy in a
building, the property must be reviewed for zoning compliance. Every parking area that
adds an additional car must be reviewed to see if such an enlargement is allowed under
the parking ordinance. All variances for properties and signs must seek a variance from
the Board of Zoning Appeals. The Zoning Board of Review requires considerable staff
support time. This staff time is inadequately provided for by the applicant's fee. Per
month I spend an average of three to four hours on each application and Kathleen Boyd
my administrative secretary spends an average of six hours per application. All variances
are required to be advertised in the Journal twice before the public hearing. Between
advertising and copying applications for Board members, costs run close to $75 per case.
Current fees are $50 for owner occupied buildings and$75 for signs and non-owner
occupied properties. The largest increase in proposed fees is the one for a use variance. A
use variance is a substantial benefit to the property owner and allows an otherwise non-
permitted use in a particular zoning district.
Building Permit Fees
The only adjustment proposed is changing the cost of permit renewals from $25 to $30.
$30 is the minimum fee for any building permit or inspection service. I am also proposing
that building permits be allowed to only be renewed once.
Proposes Fee Changes:
Certificate of Compliance 210-43
Add under a 210-43 D. (3): "Home owners wishing to procure a Certificate of
Compliance for their house for purposes of selling the building will be assessed a service
charge of$100 for a single family owner occupied home and $150 for a two family
owner occupied dwelling. Fees for such service include filing fee, housing inspection fee,
an electrical survey and a defects removed letter from the City's Electrical Inspection
Bureau.
Lot Line Adjustment Fees 290-15
Current fee: $50
Proposed change: $100 for one and two family lots, $150 all others.
(Note: Planning might want to revise subdivision fees)
Zoning Fees 325-40.B. (2)(d)
Current: area and use variances for one or two family owner occupied dwelling - $50.
Current: non- owner occupied residential one and two family dwellings, multiples,
commercial, and signs - $75.
Proposed:
Area variance for deck or swimming pool—one and two family dwellings $50; all other
area variances for one and two family dwellings $100
Area variance for multiple residence buildings, commercial properties, or sign variances,
$150.
Appeals of commissioner's interpretation$150
All use variances $300.
Application for accessory apartments (change 325-10B. (1) (h) currently$15)bed and
breakfast homes and home occupations to $100. All other special permits $150.
Building permits
Current: Building permit fee renewal " $25 or 10% of the original permit fee whichever
is larger"146-6. C. (2)(a)(4).
Proposed: "$30 or 10% of the original permit fee whichever is larger. Building permits
can only be renewed once."
CITY OF ITHACA
V~�f � 108 East Green Street Ithaca, New York 14850-5690
OFFICE OF THE CHAMBERLAIN
�Po� O Telephone: 607/274-6580 Fax: 607/272-7348
1
To: Budget and Administration Committee
From: Debra A. Parsons, City Chamberlain
Re: Real Property Tax Exemptions for Senior Citizens and Persons with Disabilities
Date: October 22, 2002
New York State has made changes to the law that allows municipalities to grant property
tax exemptions to seniors and to persons with disabilities. The exemption is based on
income. Current city code provides the maximum exemption for persons with income of
less than$20,500 and the smallest exemption for persons with income of up to $28,900.
State law has been changed to increase each of the limits by$1,000. If the city wishes to
adopt the state changes, we need to do so prior to January 1 to provide Tompkins County
Assessment with sufficient time to apply the changed criteria to the applications
submitted by March 1. Both changes require a public hearing that could not occur before
the December meeting of council. I have asked for a projection of cost from assessment
that I hope to provide at the meeting, although any changes made not will apply until the
2004 city taxes.
Tompkins County also passed a resolution pursuant to NYS law to allow automatic
renewal of the senior citizen exemption in cases where the owner of the property has
been exempt for five years. The New York law requires that a notarized statement of
continued eligibility be filed with each tax paid under this provision. The intent is
laudable. However, the reality is that each senior would need to file three affidavits,
rather than one application for the exemption. From the city's standpoint, the
administration of this provision will be problematic. We will need to identify the
properties affected, mail the affidavits, and test each payment made to see if the affidavit
is required. If the affidavit is not filed, we are required by the state law to correct the tax
roll and bill the additional tax, time consuming on our part and costly on the senior's part.
I am recommending that the city not pass a similar resolution. City seniors would
continue to file an annual application for the exemption.
"An Equal Opportunity Employer with a commitment to workforce diversification." ��
Controller - Request to Establish Mandatory Debt Reserve for
Proceeds from Sale of Carpenter Business Park
WHEREAS, Carpenter Business Park has recently been sold for
$970, 000 with the City' s share of the proceeds at $378, 977 . 92,
and
WHEREAS, the City is required by General Municipal Law to
establish a Mandatory Debt Reserve from the proceeds of the sale
of property to pay off any outstanding debt on the property, and
WHEREAS, as of December 31, 2002 , the Carpenter Business Park
Acquisition has an outstanding debt balance of $116, 000, which
needs to be paid off from the proceeds of the sale, and
WHEREAS, the remaining portion of the proceeds, $262, 977 . 92, can
be used by the City for any purpose and have been included in
the 2003 Budget as revenue to assist with balancing the 2003
Budget; now, therefore, be it
RESOLVED, That Common Council hereby establishes a Mandatory
Debt Reserve #28 Carpenter Park Proceeds in an amount not to
exceed $378, 977 . 92 , and be it further
RESOLVED, That the City Controller is hereby directed to pay off
the outstanding debt on the Carpenter Business Park Project of
$116, 000 and use the remaining portion as revenue from Sale of
Property in the 2003 Budget .
CITY OF ITHACA
v~`� '•rt 108 East Green Street— 3`d Floor Ithaca, New York 14850-5690
Ong
fcoR`y �,.`� DEPARTMENT OF PLANNING AND DEVELOPMENT
/b�".FO H. MATTHYS VAN CORT, DIRECTOR OF PLANNING AND DEVELOPMENT
DOUGLAS B. McDONALD, DIRECTOR OF ECONOMIC DEVELOPMENT
JOANN CORNISH, DEPUTY DIRECTOR OF PLANNING & DEVELOPMENT
Telephone: Planning & Development - 60--2-4-6550 Community DevelopmentlURA 60-•2--+-6959
Email: plan n ing@ cityofithaca.org Email: iura(acitcolithaca.org
Fax: 60--2-4-6558 Fax: 00--2-4-6558
To: Ithaca Urban Renewal Agency members
r
From: Nels Bohn, Director of Community Development, IURA t
Re: Disposition of Carpenter Business Park—Allocation of Proceeds
Date: September 23, 2002
Please find attached calculations to allocate out proceeds from the sale of Carpenter
Business Park (CBP). There are two components to the property disposition:
(1) Sale of the improved vacant business park land, and
(2) An option agreement by the City of Ithaca to sell the Community Gardens.
The approximately 7.5 acre CBP was sold to Building Links, Inc. for $900,000 on
February 19, 2002. The 2.25-acre community garden parcels were optioned to
Building Links, Inc. by the City of Ithaca on February 14, 2002 for $70,000 subject to
several contingencies, including the approval of the lessee (Project Growing Hope,
Inc.) during the term of the lease extending until December 31, 2013. The initial
$70,000 sales price is to be adjusted for inflation. To date Building Links, Inc. has not
exercised the purchase option.
The first section of calculations shows project costs by funding source. The next
section calculates the net proceeds generated from the disposition by subtracting
selling costs from the sales and option prices for the properties. The third section
allocates the net proceeds in accordance with federal regulations to reimburse
federal funding sources on a pro-rata basis. The final section distributes out all sales
proceeds and indicates any restrictions on the future use of funds.
"An Equal Opportunity Employer with a commitment to workforce diversification." V
The CBP/Community Gardens project was completed in September 1990 at a cost
of $710,637. After selling expenses, net proceeds from the disposition are
calculated at $892,566.30, thereby generating a surplus of $181,929.30. Generally
speaking, the net sales proceeds are divided up on a pro-rata basis according to the
share each funding source invested in the project.
Since the project received Community Development Block Grant (CDBG) and
Appalachian Regional Commission (ARC) funding, CBP and the Community
Gardens are considered a CDBG asset. Upon disposition of a CDBG asset, the
community's CDBG program must be reimbursed in the amount of the current fair
market value of the property, minus the portion of value attributable to the
expenditure of non-federal funds. In this case, since 39.6% of the project costs
derived from these federal funding sources, 39.6% of the net proceeds must be
allocated back to the community's CDBG program that is administered by the IURA.
Future Use of Funds Reimbursed to CDBG Program
It is important to note that the Carpenter Business Park project has not achieved its
job creation objectives for low/mod income persons that made it an eligible activity
for the use of CDBG and ARC funds. Each activity receiving CDBG/ARC funds must
achieve one of the CDBG national objectives. One national objective is benefit to
low/moderate income families through job creation. To meet minimum CDBG
standards of$50,000 per LMI joie, at least six LMI jobs must be created to satisfy the
national objective requirement. Therefore, unless documentation becomes available
to show LMI job creation occurring at CBP in the near future, sales proceeds
reimbursed to the City's CDBG program should be earmarked for a CDBG-eligible
substitute activity or activities to achieve a CDBG national objective.
Cc: Alan Cohen, Mayor
Steve Thayer, City Controller
H.M. Van Cort, Exective Director, IURA
D. McDonald, Director of Economic Development
H. Sicherman, H. Sicherman & Co., Inc.
IURA staff
Project file
Chrono file
q:l planning lstafflnelsliuralproperty dispositionlcarpenterhem on allocation of proceeds 9.23.02.doc
2
9/18/2002
Carpenter Business Park
Uses & Sources of Project Costs
City of Ithaca, NY
Sources
Uses FEDERAL LOCAL
CDBG ARC UDAG CITY IURA NYSEG Totals
I IMisc.Revenue I I
Land Acquisition $126,386; $24,614 $35,000; $186,000
Professional Fees $5,014; $65,625; $2,905; $73,544
Financing costs $3,564; $3,564
BAN interest ; ; $10,9721 ; $10,972
Utility station ; ; ; ; $42,968 $42,968
Construction ; $150,000; $240,429 ; $390,429
Miscellaneous ; ; $1,875; $1,286; $3,161
TOTALS 1 $131,400; $150,000; $24,6141 $357,464; $4,191; $42,968 $710,637
%of Total 18.49% 21.11% 3.46% 50.30% 0.59% 6.05% 100.0%
Federal Local
$306,014 $404,623
43.06% 56.94%
Abbreviations:
CDBG=Small Cities Community Development Block Grant program
ARC=Appalachian Regional Commission
CITY=City of Ithaca,capital project#233,authorized by Common Council on 1/1/90 and 3/31/01
IURA=Ithaca Urban Renewal Agency
NYSEG=New York State Electric&Gas
Notes:
1. CDBG funding consists of following award:1981-$9,400;1982-$32,000;and 1984-$90,000
2. 1985 ARC funding award=$150,000
3. The Carpenter Business Park project included acquisition and development of a 2.25 acre community garden.
4. Uses of ARC funds are imputed,as funds were paid to City in lump sum after project completion.
5. Interest paid on bonds approximately equalled interest earned on invested funds prior to disbursement per S.Thayer,Deputy Controller,5/1/02.
6. Supporting documentation for IURA funded uses located at IURA.
7. Supporting documentation for all other project costs located at Controller's Office.
Prepared by N.Bohn,IURA
Page 3
9/18/2002
Carpenter Business Park Disposition
Allocation of Proceeds from Property Sale
Net Proceeds From Sale
Income Expenses Net Proceeds
Income:
Sales Price-Building Links,Inc. $900,000.00
Option Price-Community Gardens property $70,000.00
Total-Fair Market Value $970,000.00
Expenses:
Selling Expenses of City of Ithaca:
Appraisal-NorthEast Appraisal $2,450.00
Subtotal-Selling Expenses of City $2,450.00
Selling Expenses of IURA:
Brokerage Fee-Lama $35,000.00
Brokerage Fee-Edelman $19,000.00
Survey-T.G.Miller $1,750.00
Abstract-Monroe-Tompkins-Watkins Title $265.00
Deed stamps,etc.-County Clerk $3,898.00
Copying-Dataflow $77.55
Insurance,liability-Selective $427.50
Insurance,property-Ithaca Agency,Haylor $732.20
Legal advertisements-Ithaca Journal $152.69
Legal advertisement-Syracuse Newspapers $18.00
Legal advertisement-Democrat&Chronicle $172.35
IURA staff time,7/99-9/02 $13,490.41
Subtotal-Selling Expenses of IURA $74,983.70
Minus Total Selling Expenses: $77,433.70
Net Proceeds From Sale $892,566.30
Allocation of Net Proceeds'
(Apportionment Based on Pro-Rata Project Funding)
%of Total Share of
Funding Source Project Funding Net Proceeds
CDBG 18.49% $165,039.55
ARC 21.11% $188,401.31
UDAG Miscellaneous Revenue 3.46% $30,915.40
Subtotal-Federal: 43.06% $384,356.27
City of Ithaca 50.30% $448,977.92
Other Local-IURA&NYSEG 6.64% $59,232.12
Subtotal-Local: 56.94% $508,210.03
Total 100.00% $892,566.30
Page 4
Final Allocation of Proceeds From Sale of Carpenter Business Park
Reimbursement of Selling Costs:
City of Ithaca (±,�(, �a j(� /Q 0/pa $2,450.00
IURA $74,983.70
Federal Reimbursement:
39.6%Share of Net Proceeds to IURA-Restricted Use:CDBG Eligible Activities $353,440.87'
3.46%Share of Net Proceeds to IURA -Restricted Use:UDAG Eligible Activities $30,915.40
Local:
6.64%Share of Net Proceeds to IURA-Unrestricted Use $59,232.12
50.3%Share of Net Proceeds to City of Ithaca-Unrestricted Use �a °S �a� $378,977.92
City of Ithaca-Community Gardens,Retention or Receipt of Future Option Proceeds $70,000.00
Total Fair Market Value of Property $970,000.00
Notes:
1. "Carpenter Business Park Disposition"includes disposition of the Community Gardens parcels for the purposes of this analysis.
2. Per 24 CFR 570.505(b):Upon disposition of a CDBG asset,the recipients CDBG program shall be reimbursed in the amount
of the current fair market value of the property,less any portion of the value attributable to expenditures of non-CDBG funds.
3. IURA sold Carpenter Business Park to Building Links,Inc.for$900,000 on 2/19/02. As part of the sales agreement,
the City executed an option agreement with Building Links,Inc.on 02114/02 to sell the 2.25 acre Community Gardens property
for$70,000 subject to approval of the lessee(Project Growing Hope,Inc.)or expiration,and non-renewal of the lease,in 2013.
4. Abbreviations:
CDBG=Small Cities Community Development Block Grant Program(administered by HUD)
ARC=Appalacian Regional Commission grant(administered by HUD)
IURA=Ithaca Urban Renewal Agency
UDAG=Urban Development Action Grant(administered by HUD)
HUD=U.S.Department of Housing&Urban Development
Prepared by N.Bohn,IURA,reviewed by IURA Budget&Admin.Committee 9.18.02
Page 5
CITY OF ITHACA—UNRESTRICTED/RESTRICTED CONTINGENCY ACCOUNT SUMMARY 2002
A1990
UNRESTRICTED ___
CONTINGENCY
BALANCE UNRESTRICTED CONTINGENCY 10/29/02 $29-740.00
-----,-RESTRICTED
CONTINGENCY
Build ing-Commissioner and Deputy Building Comm. Salary increases Council $2,687.00
Council $0.00
Council $0.00
Council $0.00
Council $0.00
Council $0.00
Council $0.00
Work Environment Task Force Pol 00900 A1430-5700 Council $22,400.00
BALANCE RESTRICTED CONTINGENCY 10/29/02 $25,087.00
BALANCE UNRESTRICTED/RESTRICTED CONTINGENCY 10/29/0
November COUNCIL PROPOSED RESOLUTIONS:
Planning Dept Neighborhood Incentive Fund $1,050.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
K-0-0
limk-00
Balance Unrestricted Contingency after November Proposed Resolutions $28,09Q.00
CITY OF ITHACA-UNRESTRICTED/RESTRICTED CONTINGENCY ACCOUNT ACTIVITY 2002 10/29/02
COUNCIL TYPE OF CONTINGENCY ACCOUNT
MONTH AMOUNT CONTINGENCY TITLE DESCRIPTION TRANSFERRED TO
Jan-02 No Activi
Feb-02 $3,568.00 RESTRICTED Council To fund salary increase for Deputy Building Commissioner A3620-5105
Mar-02 $175.00 UNRESTRICTED To fund the cost of 5 women to attend Room Full of Sisters _ A1012-5435
$0.00 RESTRICTED
Alp—,-0 $20,000.00 UNRESTRICTED To fund city clothing businesses marketing plan A6995-5435
$0.00 UNRESTRICTED
$0.00 UNRESTRICTED
Ma_y-02 $20,000.00 UNRESTRICTED To fund portion of National Development Council Contract A9950-5000
$0.00
--- $0.00
Jun-02 $1,200.00 UNRESTRICTED To fund the cost of CC/City Department Head Retreat A1430-5440
$0.00 UNRESTRICTED
Jul-02 $17,600.00 UNRESTRICTED To fund the Building Department Senior Plan Examiner/position upgrade A3620-5110
$1,625.00 UNRESTRICTED To fund a portion of Ithaca Explorer post Training A3120-5445-5004
$12,600.00 RESTRICTED To fund ID System from Work Environment Task Force PO100900$12,600 A1430-5435
$0.00
-- $0.00
Aug-02__ $1,260.00 UNRESTRICTED To fund Local Match for the Drug Block Grant _ A1111-5435
$8,400.00 UNRESTRICTED To fund Historic Resource Survey_ A8020-5435
$0.00
- -- $0.00 -
- -- $0.00 - — -----
-- $0.00 - --Sep-02 _NoActivity
Oct-02 No Activity
Nov-02 $0.00 UNRESTRICTED
$0.00 RESTRICTED Council
$0.00 RESTRICTED
$0.00 RESTRICTED Council
- - $0.00 -
$0.00
Dec-02 $0.00 RESTRICTED Council
$0.00 RESTRICTED Council
-- $0.00 ----
SUMMARY AMOUNT
UNRESTRICTED CONTINGENCY $70,260.00
------- -------
_RESTRICTED CONTINGENCY 16 168.00
TOTAL
CITY OF ITHACA
108 East Green Street Ithaca, New York 14850-5690
NIB
OFFICE OF THE CHAMBERLAIN � ��t� (71; i�� I � t
�°blGTEO Telephone: 607/274-6580 Fax: 607/272-7348 <�
T 2 f 1.002 iLJ
Ry ----
r
To: Budget and Administration Committee,., ;
From: Debra A. Parsons, City Chamberlain
Re: Real Property Tax Exemptions for Senior Citizens and Persons with Disabilities
Date: October 22, 2002
New York State has made changes to the law that allows municipalities to grant property
tax exemptions to seniors and to persons with disabilities. The exemption is based on
income. Current city code provides the maximum exemption for persons with income of
less than $20,500 and the smallest exemption for persons with income of up to $28,900.
State law has been changed to increase each of the limits by$1,000. If the city wishes to
adopt the state changes, we need to do so prior to January 1 to provide Tompkins County
Assessment with sufficient time to apply the changed criteria to the applications
submitted by March 1. Both changes require a public hearing that could not occur before
the December meeting of council. I have asked for a projection of cost from assessment
that I hope to provide at the meeting, although any changes made not will apply until the
2004 city taxes.
Tompkins County also passed a resolution pursuant to NYS law to allow automatic
renewal of the senior citizen exemption in cases where the owner of the property has
been exempt for five years. The New York law requires that a notarized statement of
continued eligibility be filed with each tax paid under this provision. The intent is
laudable. However,the reality is that each senior would need to file three affidavits,
rather than one application for the exemption. From the city's standpoint, the
administration of this provision will be problematic. We will need to identify the
properties affected, mail the affidavits, and test each payment made to see if the affidavit
is required. If the affidavit is not filed, we are required by the state law to correct the tax
roll and bill the additional tax, time consuming on our part and costly on the senior's part.
I am recommending that the city not pass a similar resolution. City seniors would
continue to file an annual application for the exemption.
"An Equal Opportunity Employer with a commitment to workforce diversification." ��
Planning Department - Request Funds for Neighborhood Improvement
Incentive
WHEREAS, on May 3, 1995, Common Council established the
Neighborhood Improvement Incentive Fund, and
WHEREAS, the purpose of the fund is to give financial assistance
to city residents who want to improve their neighborhoods, and
WHEREAS, as envisioned by the Common Council, funds dispersed
through the program have been used for a wide range of projects
including neighborhood clean ups, newsletters, planting in
public spaces and organizing neighborhood events such as
meetings or block parties, and
WHEREAS, experience of the past seven years shows that the fund
effectively supports the efforts of residents to organize
neighborhood events and activities, and
WHEREAS, there has been no allocation to the Neighborhood
Incentive Fund in the past several years, and funds previously
allocated have been exhausted, and
WHEREAS, there are several applications approved by the
Neighborhood and Community Issues Committee of the Common
Council for which there are no funds to reimburse applicants;
now, therefore, be it
RESOLVED, That a minimum of $1, 050 . 00 be allocated to the City' s
Neighborhood Improvement Incentive Fund for the purpose of
reimbursing the residents who have carried out projects
described in the approved applications, and be it further
RESOLVED, That Common Council hereby transfers an amount not to
exceed $1, 050 . 00 from account A1990 Unrestricted Contingency to
account A8020-5435 Planning Department Contracts for the
purposes of funding the Neighborhood Improvement Incentive Fund.
CITY OF ITHACA
108 East Green Street Ithaca, New York 14850-5690
DEPARTMENT OF PLANNING AND DEVELOPMENT
APo� Q� H. MATTHYS VA-N CORT, DIRECTOR OF PLANNING AND DEVELOPMENT
DOUGLAS B. McDONALD, DIRECTOR OF ECONOMIC DEVELOPMENT
JOANN CORNISH. DEPUTY DIRECTOR OF PLANNING & DEVELOPMENT
Telephone: Planning & Development - 607-274-655o Community Development IURA - 60--274-6559
Email: planning(a cin ofithaca.org Email: iura a cityotithaca.org
Fax: 607-2--t-6558 Fax: 60--2'4-6558
CITY OF ITHACA
NEIGHBORHOOD IMPROVEMENT INCENTIVE FUND
The Neighborhood Improvement Incentive Fund has been established by the City of Ithaca to
encourage those who are concerned about the physical and social quality of our neighborhoods to
think creatively and practically about improvement projects. The fund was created to support a
wide range of projects, including but not limited to neighborhood cleanup - (trash tags), planting
in public spaces, organizing neighborhood events such as area-wide reuse events or block parties,
and neighborhood meetings. The fund is not meant to substitute for neighborhood fund raising
or capital improvements to neighborhoods; instead it is intended to hasten completion of small
projects and to stimulate, or"seed," larger projects.
Request for payment for event organizers or for hours spent making physical improvements are
not eligible under this program - the aim is to encourage, not to replace volunteerism. Funds
will be distributed in increments not to exceed $300 per year to any one group. Preference will
be given to neighborhoods not recently granted money from the fund. Applications will be
reviewed by the Community Issues Committee of the Common Council, which is authorized to
approve expenditures for projects that fall within the guidelines. The Committee meets on the
second Wednesday of the month. Applications should be submitted ten days in advance of the
meeting to Leslie Chatterton, Neighborhood Planner, Department of Planning &Development,
City Hall, 108 East Green Street, Ithaca,NY 14850. For additional infomation contact Leslie
Chatterton, 274-6550.
Requirements:
1.. The application requires a brief description of the proposed project, a project budget,
including a verifiable estimate of the cost of items for which the request is being made,
and signatures of neighborhood residents. For requests under$100, five signatures are
required; for request over$100 twenty signatures are required.
2. The project must benefit the general neighborhood, not a select few residents. One
competitive basis for evaluating requests will be the number of residents who benefit
from the project.
An Equal Opportunity Employer with a commitment to workforce diversification." �«!
A RESOLUTION TO AMEND
TCAT CONSOLIDATION AGREEMENT
Whereas, TCAT has drafted a Strategic Plan for approval by the TCAT Board that identifies the
formation of a single transit organization with one employer as one of three major objectives for
the future, and
Whereas, the TCAT Board of Directors is committed to working together to restructure TCAT as
soon as possible to meet this important Strategic Plan objective and,
Whereas, the existing April 1, 1998 TCAT Consolidation Agreement, which created the joint
venture structure, will need to be terminated in order to create a different organizational
structure, and
Whereas, the Consolidation Agreement states: "At any time during the final ninety (90) days of
the fifth (5'`) calendar year of this agreement, any party may give written notice to the other
parties that it will withdraw from the joint venture without forfeiture of its share in the assets of
TCAT, such withdrawal to be effective at the end of the sixth (6`h) calendar year after the
effective date of this agreement" and,
Whereas, the TCAT Board on behalf of the three partners does not wish to cause undue concern
among employees and customers about the viability of public transit in the County and fears
about job security which would be damaging to morale and make it more difficult to recruit
drivers and retain other employees, and
Whereas, given the rapid approach of the withdrawal notice period, one or more of the partners
may feel they have to serve the notice to preserve their rights, and
Whereas, this scenario can be avoided if the parties agree to amend the Agreement to extend the
notice period throughout the calendar year 2003 during which time the parties will work to create
a different organizational structure and terminate the Consolidation Agreement, and
Whereas, the Consolidation Agreement states it can be amended "only by an instrument in
writing in the same manner in which it was adopted," The City of Ithaca Common Council, the
Tompkins County Board of Representatives, and Cornell University will all need to authorize
their representatives to sign the proposed amendment,
Resolved, that the TCAT Board requests the City of Ithaca, Tompkins County, and Cornell
University to amend the first sentence of Section 8.1(c) of the Consolidation Agreement as
follows:
"At any time during the sixth (6`h) calendar year of this agreement, any party may given written
notice to the other parties that it will withdraw from the joint venture without forfeiture of its
share in the assets of TCAT, such withdrawal to be effective at the end of the seventh (7' )
calendar year after the effective date of this agreement."
Page 1 of 2
Resolved further, that the TCAT General Manager, working with the Partner Representatives on
the TCAT Board, is directed to convey this request to the City, County and University for action
in as timely a manner as is possible.
Adopted,this the 3'd day of October 2002.
�G�UU �Q�n a-✓
Paulette Manos,Secretary/Treasurer
Page 2 of 2
AMENDMENT TO CONSOLIDATION AGREEMENT
WHEREAS, the City of Ithaca, Tompkins County, and Cornell University (the "parties")
entered into a Consolidation Agreement dated April 1, 1998, that formed Tompkins Consolidated
Area Transit("TCAT"); and
WHEREAS, the Consolidation Agreement states in Section 8.1(c): "At any time during
the final ninety (90) days of the fifth (5f) calendar year of this agreement, any party may give
written notice to the other parties that it will withdraw from the joint venture without forfeiture
of its share in the assets of TCAT, such withdrawal to be effective at the end of the sixth (6h)
calendar year after the effective date of this agreement"; and
WHEREAS, the TCAT Board voted on October 3, 2002, to request the parties to amend
the Consolidation Agreement to change the dates by which such notice of withdrawal can be
given to the other parties; and
WHEREAS, the parties to the Consolidation Agreement agree that such change is needed
for the reasons set out in the TCAT Board's resolution, which is attached hereto;
NOW, THEREFORE, in consideration of the promises and mutual covenants contained
herein, the parties agree as follows.
1. The first sentence of Section 8.1(c)of the Consolidation Agreement is amended to
read as follows:
"At any time during the sixth (6h) calendar year of this agreement, any party may give
written notice to the other parties that it will withdraw from the joint venture without forfeiture
of its share in the assets of TCAT, such withdrawal to be effective at the end of the seventh (71')
calendar year after the effective date of this agreement."
2. All other provisions of the Consolidation Agreement shall remain unchanged and
in full force and effect.
3. This Amendment to Consolidation Agreement shall become effective as of the
date it is fully executed by all parties.
IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed
by their duly authorized officers and sealed with their corporate seals.
CITY OF ITHACA
Dated: By:
Alan J. Cohen, Mayor
Pagel of 3
TOMPKINS COUNTY
Dated: By:
Tim J. Joseph, Chair
Board of Representatives
CORNELL UNIVERSITY
Dated: By:
STATE OF NEW YORK)
COUNTY OF TOMPKINS) ss.:
On the_day of in the year 2002 before me, the undersigned, a Notary
Public in and for said State, personally appeared Alan J. Cohen, personally known to me or
proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed
to the within instrument and acknowledged to me that he executed the same in his capacity, and
that by his signature on the instrument, the individual, or the person upon.behalf of which the
individual acted, executed the instrument.
Notary Public
STATE OF NEW YORK)
COUNTY OF TOMPKINS) ss.:
On the_day of in the year 2002 before me, the undersigned, a Notary
Public in and for said State, personally appeared Tim J. Joseph, personally known to me or
proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed
to the within instrument and acknowledged to me that he executed the same in his capacity, and
that by his signature on the instrument, the individual, or the person upon behalf of which the
individual acted, executed the instrument.
Notary Public
Page 2 of 3
STATE OF NEW YORK)
COUNTY OF TOMPKINS) ss.:
On the_day of in the year 2002 before me, the undersigned, a Notary
Public in and for said State, personally appeared personally
known to me or proved to me on the basis of satisfactory evidence to be the individual whose
name is subscribed to the within instrument and acknowledged to me that he executed the same
in his capacity, and that by his signature on the instrument, the individual, or the person upon
behalf of which the individual acted, executed the instrument.
Notary Public
Page 3 of 3
Controller - Request to Extend Cooperative Energy Contract
WHEREAS, the Common Council of the City of Ithaca has accepted
electric supply since 2001 from Advantage Energy, Inc .
(Supplier) , pursuant to a public bid issued by the Municipal
Electric and Gas Alliance (MEGA) , of which this municipality is
a member, and
WHEREAS, the Master Agreement between MEGA and Supplier provides
for up to three one-year extensions of such Agreement and of any
customer agreements pursuant thereto at terms MEGA may determine
are in customers' interests based upon changes in utility
tariffs or market conditions, and
WHEREAS, the conditions, duration and term, purpose and
objective, scope and authority delegated, manner and extent of
financing, organizational structure and manner in which personal
property shall be acquired, managed and disposed of, are set
forth in the customer agreement, and that both the original
Master Agreement and such extensions are in conformity with the
requirements of public bidding in New York State; now,
therefore, be it
RESOLVED, That the Mayor is hereby authorized and directed to
execute and deliver to Advantage Energy, Inc. an Extension
Agreement dated November 6, 2002 , attached hereto and made a
part hereof, and
RESOLVED at a duly convened public meeting held this 6th day of
November, 2002 .
City of Ithaca
By: ATTTEST:
City Clerk
Title : Mayor