ECONOMIC DEVELOPMENT POWER

ALLOCATION BOARD

 

MINUTES

 

June 26, 2009

Videoconference – 1:00 p.m.

 

                                New York Power Authority Offices:

                                                123 Main Street, 16th Floor, White Plains, NY

                                                30 South Pearl Street, 10th Floor, Albany, NY

                                                St. Lawrence/FDR Power Plant, 830 Barnhart Island, Massena, NY

                                Empire State Development Corp., 95 Perry Street, Suite 500, Buffalo, NY

                                               

1.             Approval of the Minutes of the Meeting of May 18, 2009

 

2.                    Power for Jobs Extended Benefits, Energy Cost Savings Benefits

                Awards and Economic Development Power Contracts Extensions

 

3.                    Power for Jobs Extended Benefits Recommendations

                for Electricity Savings Reimbursements                          

 

A.         COMPANIES IN JOB COMPLIANCE

 

Con Edison - Service Territory

 

Acme Smoked Fish Corp.

Brooklyn - Kings County

 

American Cancer Society

New York - New York County

 

Bowne & Co.

New York - New York County

 

Columbia University – Trustees

New York - New York County

 

Diller-Quaile School of Music

New York - New York County

 

Elaine Kaufman Cultural Center

New York - New York County

 

Fordham - Marymount College

Tarrytown - Westchester County

 

Greater Jamaica Development Corp.

Jamaica - Queens County

 

Home for Contemporary Theater & Art

New York - New York County

 

Jacmel Jewelry, Inc.

Long Island City - Queens County

 

Lincoln Center for the Performing Arts

New York - New York County

 

New York Presbyterian Hospital

New York - New York County

 

Norampac New York City, Inc.

Maspeth - Queens County

 

NYU Medical Center

New York - New York County

 

Pepsi Cola Bottling Company

College Point - Queens County

 

TanaSeybert, LLC

New York - New York County

 


 

Long Island Power Authority - Service Territory

 

B.H. Aircraft Company, Inc.

Ronkonkoma - Suffolk County

 

Good Samaritan Hospital

West Islip - Suffolk County

 

John Hassall, Inc.

Westbury - Nassau County

 

John T. Mather Memorial Hospital

Port Jefferson - Suffolk County

 

North Shore Health System

Manhasset - Nassau County

 

Standard Microsystems Corp.

Hauppauge - Suffolk County

 

National Grid - Service Territory

 

Albany Molecular Research, Inc.

Albany - Albany County

 

AMRI Rensselaer

Rensselaer - Rensselaer County

 

Anoplate Corp.

Syracuse - Onondaga County

 

Applied Energy Solutions

Caledonia - Livingston County

 

Associated Brands, Inc.

Medina - Orleans County

 

Bank of New York

Oriskany - Oneida County

 

Bestway Enterprises

Cortland - Cortland County

 

Borg Warner Morse TEC

Cortland - Cortland County

 

Cascades Tissue Group

Waterford - Saratoga County

 

Clarkson University

Potsdam - St. Lawrence County

 

Climax Manufacturing Co.

Carthage - Jefferson County

 

Consumers Beverages, Inc.

Buffalo - Erie County

 

Cooper Hand Tools

Cortland - Cortland County

 

Crucible Specialty Metals

Syracuse - Onondaga County

 

Eastman Machine Company

Buffalo - Erie County

 

Fiber Glass Industries Inc.

Amsterdam - Montgomery County

 

Higbee Inc.

Syracuse - Onondaga County

 

HMI Metal Powders

Clayville - Oneida County

 

International Fiber Corporation

North Tonawanda - Niagara County

 

Intertek Testing Services

Cortland - Cortland County

 

Luvata Inc.

Buffalo - Erie County

 

Mayer Bros. Apple Products, Inc.

West Seneca - Erie County

 

McLane Eastern

Baldwinsville - Onondaga County

 

Meloon Foundries, Inc.

Syracuse - Onondaga County

 

Nathan Littauer Hospital & Nursing Home

Gloversville - Fulton County

 

Natrium Products, Inc.

Cortland - Cortland County

 

Norlite Corp.

Cohoes - Albany County

 

Oldcastle Precast Inc.

South  Bethlehem - Albany County

 

Pelco Electronic Corp.

Cazenovia - Madison County

 

Rome Specialty Company, Inc.

Rome - Oneida County

 

Snyder Industries, Inc.

North Tonawanda - Niagara County

 

Stone Construction Equipment Inc.

Honeoye - Ontario County

 

Syracuse Casting Sales Corp.

Cicero - Onondaga County

 

Syracuse University

Syracuse - Onondaga County

 

Turbine Engine Components Technologies

Whitesboro - Oneida County

 

Welch Allyn Data Collection Inc.

Skaneateles Falls - Onondaga County

 

 

New York State Electric & Gas – Service Territory

 

Borg Warner Morse TEC

Ithaca - Tompkins County

 

Egli Machine, Inc.

Sidney - Otsego County

 

Kraft Foods, Inc.

Walton - Delaware County

 

Niagara Fiberboard Inc.

Lockport - Niagara County

 

Norwich Aero Products, Inc.

Norwich - Chenango County

 

PCB Piezotronics, Inc.

Depew - Wayne County

 

 

Rochester Gas & Electric – Service Territory

 

Flower City Printing, Inc.

Rochester - Monroe County

 

Gorbel Corp.

Fishers - Ontario County

Seneca Foods Corp.

Leicester - Livingston County

 

 

B.            COMPANIES NOT IN JOB COMPLIANCE

 

Con Edison – Service Territory

 

Kruysman, Inc.

Long Island City - Queens County

 

National Grid – Service Territory

 

Thermold Corp.

Canastota - Madison County

 

4.             Next Meeting

 

 

 

 

 

 

 

 

 

 

                A regular meeting of the Economic Development Power Allocation Board was held via video conference at the following participating locations:

 

1)       New York Power Authority, 123 Main Street, White Plains, NY

2)       New York Power Authority, 30 South Pearl Street, Albany NY

3)       St. Lawrence/FDR Power Plant, 830 Barnhart Island, Massena, NY

4)       Empire State Development corp., 95 Perry Street, Suite 500, Buffalo, NY

 

The following Members of the Board were present at the following locations:

Kenneth Schoetz, Chairman (Buffalo, NY)

Bernard P. McGarry, Member (Albany, NY)

Eugene L. Nicandri, Member, (Massena, NY)

 

 

Also in attendance were:

Karen Delince                       Corporate Secretary, NYPA

James H. Yates                     Senior Vice President - Marketing & Economic Development, NYPA

Paul Finnegan                       Senior Vice President - Public & Government Affairs, NYPA     

Anthony C. Savino              Manager – Business Power Allocations and Compliance, NYPA

Mary Jean Frank                  Associate Corporate Secretary, NYPA

                                               

 

 

 

 

 

 

 

 

 

 

 

 

1.             Adoption of Minutes

The minutes of the meeting of May 18, 2009 were unanimously adopted.


 

2.                   Power for Jobs Extended Benefits, Energy Cost

Savings Benefit Awards and Economic Development

Power Program Contract Extensions                               

 

SUMMARY

 

                It is expected that the Governor will sign legislation authorizing a 10 ½ month extension of the Power for Jobs (“PFJ”) and the Energy Cost Savings Benefit (“ECSB”) Programs through May 15, 2010.  It is therefore recommended that, subject to enactment of this legislation, the Members of the Economic Development Power Allocation Board (“EDPAB” or “Board”) recommend extensions of the PFJ and ECSB programs to May 15, 2010 for existing PFJ customers, listed in Exhibit “A,” and existing ECSB customers, listed in Exhibit “C.”  In addition, the Board is requested to recommend extensions to the underlying allocation contracts for the economic development program customers, listed in Exhibit “B,” through May 15, 2010, to coincide with the term of extended ECSB benefits to such entities. 

 

BACKGROUND

 

                In July 1997, the New York State Legislature and the Governor approved a program to provide low-cost power to businesses and not-for-profit corporations that agree to retain or create jobs in New York State.  In return for commitments to create or retain jobs, successful applicants receive three-year contracts for PFJ electricity.

 

The program, originally intended to last three years, has been extended many times by the Legislature.  Chapter 59 of the Laws of 2004 extended the benefits for PFJ customers whose contracts expired before the end of the program in 2005.  Such customers had to choose to receive an “electricity savings reimbursement” rebate or a power contract extension.  The Authority was also authorized to voluntarily fund the rebates, if deemed feasible and advisable by the Trustees.

 

In 2005, provisions of the approved State budget extended the period PFJ customers could receive benefits until December 31, 2006.  Chapter 645 of the Laws of 2006 included provisions extending the program benefits until June 30, 2007.  In 2007, a new law (Chapter 89 of the Laws of 2007) included provisions extending the program benefits until June 30, 2008. In 2008, a new law (Chapter 645 of the Laws of 2008) included provisions extending program benefits until June 30, 2009.

 

The Governor is expected to sign legislation on or before June 30, 2009 that has passed both houses of the Legislature which will extend program benefits until May 15, 2010.

 

Contract Extensions and ESCB Awards

 

The Authority sells electricity to businesses under several State-authorized economic development power programs.  These power sales are made through the Economic Development Power Program (“EDP”), High Load Factor Manufacturer Program, Municipal Distribution Agency Industrial Power Program and other power sales programs.  The capacity and energy for these sales are provided by market purchases and supported by other Authority sources, as needed.  In some instances, these customers are served directly by the Authority and in other cases the customers receive Authority power through resale arrangements with municipal distribution agencies or investor-owned utilities.  Contracts range in length from five to more than 20 years.

 

Chapter 313 of the Laws of 2005 allowed customers from the above listed economic development programs that would otherwise be exposed to price increases to apply for benefits under the ECSB program.  The legislation also authorized the Authority to sell certain amounts of unallocated hydropower into the wholesale market and use the net earnings from such sales to fund the ECSBs.  During periods of lower market prices, the net earnings from the available hydropower have been sufficient to cover the cost of the ECSB program.  In higher-priced markets, however, the Authority has needed to contribute to the ECSB program.  From the inception of the program in November 2005 through February 2009, the net earnings from the unallocated hydropower sold into the wholesale market ($75.2 million) as compared to the costs of the ECSB ($92.9 million) has resulted in a cumulative net cost to the Authority of $17.7 million.

 

Discussion

 

Power for Jobs

 

                Legislation concerning further extension of the PFJ program would allow PFJ recipients to continue with existing elections (i.e., power contracts or rebates) for an additional 10 ½ months through May 15, 2010, with the program benefits administered as in current law.  In addition, the legislation would, in effect, extend for the same time period the availability of “restitution” for those PFJ power contract customers that incur aggregate higher costs in the program as opposed to taking service from their local utilities under standard tariff provisions.

 

                Under the Economic Development Law (“EDL”), as would be amended by the legislation, EDPAB may prescribe a simplified form and content for an application for such extended PFJ benefits.  An applicant is eligible for extended PFJ benefits only if it is in compliance with and agrees to continue to meet the job retention and creation commitments set forth in its prior PFJ contract, or such other commitments “as the board deems reasonable.”  However, in light of the need to avoid disruption in receipt of such benefits, the legislation requires that EDPAB expedite the award of extended PFJ benefits and defer the review of compliance with job commitments until after the applicant has been awarded extended benefits.

 

                In light of this legislative goal that current PFJ program participants receive PFJ extended benefits with minimal disruption, it is recommended that EDPAB recommend that review of compliance matters be deferred until on or before September 29, 2009.  It is also recommended that EDPAB recommend that the Authority approve such extensions for all PFJ program participants, subject to receipt of proper documentation requesting such extensions and agreement to the requisite commercial terms. 

 

                It should be noted that, due to the requirements of the host utilities and the late consideration of the extender legislation by the Legislature, there could be unavoidable gaps in the continuation of PFJ contract service.  There will likely not be disruption in the provision of PFJ rebates since they are calculated after the fact.

 

                The EDPAB is requested to recommend that the Trustees approve contract extensions or the funding of rebates for the companies listed in Exhibit “A” through May 15, 2010.  The actual payment of rebates for the companies listed in Exhibit “A” will continue to be made as in prior years subject to the financial considerations contained in the Fiscal Information section below.  While the EDPAB will not be asked to recommend the payment amounts on a monthly basis, the information will be made available to them when requested.  The total cost of the extended rebate program is estimated to be about $27 million at current market prices. From the inception of the rebate program in 2005 through the end of 2008, the Authority incurred $185 million in rebate payments to eligible customers, averaging slightly more than $45 million per year. 

 

Contract Extensions and ECSB Awards

 

There are several EDP customers whose underlying power contracts have terms ending on June 30, 2009, or on other dates before May 15, 2010.  In order for such customers to receive an extension or initial award of ECSB benefits, it is necessary to extend their underlying power contracts.  Pursuant to the EDL, EDPAB has recommended extension of EDP contracts, as necessary, so that such businesses will be able to receive ECSB benefits through the end of the legislation’s extension period on May 15, 2010.  These customers are listed on Exhibit “B.”

               

ECSB awards serve to moderate rates for businesses served under the High Load Factor, Economic Development Power and Municipal Distribution Agency programs.  Under the new extender legislation EDPAB is authorized to approve extensions of ECSB awards through May 15, 2010.  The legislation would extend availability of ECSB benefits to entities that are currently receiving such benefits and businesses under these programs whose rates would be subject to increase on or before May 15, 2010.  For entities currently receiving ECSB awards, the legislation provides for continuation of the existing level of benefits for another year while allowing the Authority to continue to use up to 70 MW of unallocated Replacement Power to fund the ECSB awards, provided that any such Replacement Power must be made available for allocation in Western New York during the extension period.  

 


 

                As under current law, applications for extensions of ECSB awards are to be in the form and contain such information, exhibits and supporting data as EDPAB may prescribe.  EDPAB is to review the applications received and determine the applications that best meet the criteria established for the ECSB awards and recommend such applications to the Authority with “such terms and conditions as it deems appropriate.”  In order to avoid disruption in the delivery of ECSB benefits, the bill directs EDPAB to expedite the award of ECSB and to defer the review of compliance with job commitments until after applicants have been awarded ECSB.             

 

                In light of the requirement of the legislation that current recipients receive extended ECSB benefits with minimal disruption subject to later review of compliance matters, it is recommended that EDPAB recommend that the Authority approve extensions for all current ECSB program participants, subject to receipt of proper documentation requesting such extensions and agreement on the requisite commercial terms.  In light of the legislative goal that current ECSB program participants receive extended benefits with minimal disruption, it is also recommended that EDPAB recommend that review of compliance matters be deferred until on or before September 29, 2009. 

 

                It is recommended that subject to enactment of legislation and subject to the financial considerations contained in the Fiscal Information section below, the Trustees approve ECSB awards to companies listed in Exhibit “C,” through May 15, 2010, the cost of which, at current market prices, is expected to be fully offset by the net receipts from the sale of unallocated Replacement Power and Preservation Power as allowed by the legislation.  However, as noted above, should market prices increase to levels higher than those of today, there may be a net cost to the Authority, which would not be expected to exceed $20 million.  Accordingly, in such an event, staff recommends that the Trustees authorize a withdrawal of up to $20 million from the Operating Fund for the payment of such amounts, provided that such amount is not needed at the time of withdrawal for any of the purposes specified in Section 503(1)(a)-(c) of the General Resolution Authorizing Revenue Obligations, as amended and supplemented.

 

                It should be noted that due to the requirements of the host utilities and the late consideration by the Legislature, there could be unavoidable gaps in the continuation of service to certain power program customers that request ECSB benefits.

 

                Given the financial condition of the Authority, its estimated revenues, operating expenses, debt service and reserve requirements, staff is of the view that it is feasible for the Authority to pay the anticipated added costs associated with the extension of the PFJ and ECSB programs through May 15, 2010 without compromising the Authority’s financial integrity. 

 

Recommendation

 

It is recommended that the Economic Development Power Allocation Board authorize and recommend to the Power Authority extension of  Power for Jobs contracts and rebates, Energy Cost Savings Benefits awards and the contract extensions as set forth above.

 

Mr. James Yates presented the highlights of staff’s recommendations to the Board.  He said that the Assembly had approved the bill providing for the contract extensions and that it is hoped that the ongoing Senate issues can be resolved in time for the Senate to vote on it and the Governor sign it into law by June 30, 2009 

 

                In response to a question from Judge Eugene Nicandri, Mr. Yates said that it was his understanding that the legislature had changed the expiration date for the contract extensions to May 15, 2010 because it was felt that they would better be able to deal with this issue earlier in the legislative session.  Responding to a question from Mr. Bernard McGarry, Mr. Yates said that the legislation does provide for both the Power Authority’s Trustees approving the contract extensions at their June meeting and staff reviewing the applications for extensions and reporting back to the Board at their September 2009 meeting.  In response to another question from Judge Nicandri, Mr. Yates confirmed that there is nothing in the current law that allows the Board or the Power Authority’s Trustees to approve the power allocations beyond the June 30 program expiration date if the Senate does not act in time.

The following resolution was unanimously adopted by members of the Board present.

 

RESOLVED, That, subject to the enactment of authorizing legislation, the Economic Development Power Allocation Board hereby authorizes and recommends to the New York Power Authority, extension through May 15, 2010 of Power for Jobs program contracts and electricity savings reimbursements, Energy Cost Savings Benefits awards and the length of contracts between the Power Authority and Economic Development Power program customers, subject to review by the EDPAB on or before September 29, 2009, of whether applicants for such benefits are in compliance with their respective contractual commitments associated with such program benefits

 

 

 

 

 

 

 


 


 

 


 


 


 

3.             Power for Jobs Program – Extended Benefits

 

SUMMARY

 

The Members of the Economic Development Power Allocation Board (“EDPAB”) are requested to recommend that the Power Authority’s Trustees (“Trustees’) approve extended benefits for 69 Power for Jobs (“PFJ”) customers as listed in Exhibit “A” and “B”.

 

BACKGROUND

 

                In July 1997, the New York State Legislature approved a program to provide low-cost power to businesses and not-for-profit corporations that agree to retain or create jobs in New York State.  In return for commitments to create or retain jobs, successful applicants received three-year contracts for PFJ electricity.

 

The PFJ program originally made 400 megawatts (“MW”) of power available and was to be phased in over three years.  As a result of the initial success of the program, the Legislature amended the PFJ statute to accelerate the distribution of the power and increase the size of the program to 450 MW.                In May 2000, legislation was enacted that authorized additional power to be allocated under the program.  Legislation further amended the program in July 2002.

 

                Chapter 59 of the Laws of 2004 extended the benefits for PFJ customers whose contracts expired before the end of the program in 2005.  Such customers had to choose to receive an “electricity savings reimbursement” rebate and/or a power contract extension.  The Authority was also authorized to voluntarily fund the rebates, if deemed feasible and advisable by the Trustees.

 

PFJ customers whose contracts expired on or prior to November 30, 2004 were eligible for a rebate to the extent funded by the Authority from the date their contract expired through December 31, 2005.  Customers whose contracts expired after November 30, 2004 were eligible for rebate or contract extension, assuming funding by the Authority, from the date their contracts expired through December 31, 2005.

 

Approved contract extensions entitled customers to receive the power from the Authority pursuant to a sale-for-resale agreement with the customer’s local utility.  Separate allocation contracts between customers and the Authority contained job commitments enforceable by the Authority.

 

In 2005, provisions of the approved State budget extended the period PFJ customers could receive benefits until December 31, 2006.  Chapter 645 of the Laws of 2006 included provisions extending program benefits until June 30, 2007.  Chapter 89 of the Laws of 2007 included provisions extending program benefits until June 30, 2008.  Chapter 59 of the Laws of 2008 included provisions extending the program benefits until June 30, 2009.

 

At its meeting of October 18, 2005, EDPAB approved criteria under which applicants whose extended benefits EDPAB had reduced for non-compliance with their job commitments could apply to have their PFJ benefits reinstated in whole or in part.  EDPAB authorized staff to create a short-form application, notify customers of the process, send customers the application and evaluate reconsideration requests based on the approved criteria. 

 

DISCUSSION

 

EDPAB is requested to recommend that the Authority Trustees approve electricity savings reimbursement rebates to the 69 PFJ customers, 67 of which are meeting their current job commitment and are listed in Exhibit “A”.  However, two customers reported actual job numbers below their contractual commitment we are recommending that these customers have their allocation reduced proportionately to their job shortfall where appropriate. These customers are listed in Exhibit “B”. Collectively, these organizations have agreed to retain more than 56,000 jobs in New York State in exchange for rebates. The rebate program will be in effect until June 30, 2009, the programs’ sunset.

 

 

 

RECOMMENDATION

 

It is requested that the Economic Development Power Allocation Board recommend that the Authority Trustees approve the payment of electricity savings reimbursements to the 69 business listed in Exhibits “A” and “B”.

 

            Mr. James Yates presented the highlights of staff’s recommendations to the Board. 

                In response to a question from Chairman Kenneth Schoetz, Mr. Yates said that the job level compliance figures were not current but reflected the job levels at the time of the companies’ applications for extended Power for Jobs benefits.  Responding to a question from Judge Nicandri, Mr. Yates said that, if the Power for Jobs program is extended, Power Authority staff would be reviewing the companies’ job compliance in time for their report back to the Board in September. 

The following resolution was unanimously adopted by members of the Board present.

 

                WHEREAS, the following entities have applied for extended benefits recommendations for electricity savings reimbursements under the Power for Jobs program:

 

Con Edison - Service Territory

 

Acme Smoked Fish Corp.

Brooklyn - Kings County

 

American Cancer Society

New York - New York County

 

Bowne & Co.

New York - New York County

 

Columbia University – Trustees

New York - New York County

 

Diller-Quaile School of Music

New York - New York County

 

Elaine Kaufman Cultural Center

New York - New York County

 

Fordham - Marymount College

Tarrytown - Westchester County

 

Greater Jamaica Development Corp.

Jamaica - Queens County

Home for Contemporary Theater & Art

New York - New York County

 

Jacmel Jewelry, Inc.

Long Island City - Queens County

 

Lincoln Center for the Performing Arts

New York - New York County

 

New York Presbyterian Hospital

New York - New York County

 

Norampac New York City, Inc.

Maspeth - Queens County

 

NYU Medical Center

New York - New York County

 

Pepsi Cola Bottling Company

College Point - Queens County

 

TanaSeybert, LLC

  New York - New York County

 

Long Island Power Authority - Service Territory

 

B.H. Aircraft Company, Inc.

Ronkonkoma - Suffolk County

 

Good Samaritan Hospital

West Islip - Suffolk County

John Hassall, Inc.

Westbury - Nassau County

 

John T. Mather Memorial Hospital

Port Jefferson - Suffolk County

 

North Shore Health System

Manhasset - Nassau County

Standard Microsystems Corp.

Hauppauge - Suffolk County

 

National Grid - Service Territory

 

Albany Molecular Research, Inc.

Albany - Albany County

 

AMRI Rensselaer

Rensselaer - Rensselaer County

 

Anoplate Corp.

Syracuse - Onondaga County

 

Applied Energy Solutions

Caledonia - Livingston County

 

Associated Brands, Inc.

Medina - Orleans County

 

Bank of New York

Oriskany - Oneida County

 

Bestway Enterprises

Cortland - Cortland County

 

Borg Warner Morse TEC

Cortland - Cortland County

 

Cascades Tissue Group

Waterford - Saratoga County

 

Clarkson University

Potsdam - St. Lawrence County

 

Climax Manufacturing Co.

Carthage - Jefferson County

 

Consumers Beverages, Inc.

Buffalo - Erie County

 

Cooper Hand Tools

Cortland - Cortland County

 

Crucible Specialty Metals

Syracuse - Onondaga County

 

Eastman Machine Company

Buffalo - Erie County

 

Fiber Glass Industries Inc.

Amsterdam - Montgomery County

 

Higbee Inc.

Syracuse - Onondaga County

HMI Metal Powders

Clayville - Oneida County

 

International Fiber Corporation

North Tonawanda - Niagara County

 

Intertek Testing Services

Cortland - Cortland County

 

Luvata Inc.

Buffalo - Erie County

 

Mayer Bros. Apple Products, Inc.

West Seneca - Erie County

 

McLane Eastern

Baldwinsville - Onondaga County

 

Meloon Foundries, Inc.

Syracuse - Onondaga County

 

Nathan Littauer Hospital & Nursing Home

Gloversville - Fulton County

 

Natrium Products, Inc.

Cortland - Cortland County

 

Norlite Corp.

Cohoes - Albany County

 

Oldcastle Precast Inc.

South  Bethlehem - Albany County

 

Pelco Electronic Corp.

Cazenovia - Madison County

 

Rome Specialty Company, Inc.

Rome - Oneida County

 

Snyder Industries, Inc.

North Tonawanda - Niagara County

 

Stone Construction Equipment Inc.

Honeoye - Ontario County

 

Syracuse Casting Sales Corp.

Cicero - Onondaga County

 

Syracuse University

Syracuse - Onondaga County

 

Turbine Engine Components Technologies

Whitesboro - Oneida County

Welch Allyn Data Collection Inc.

Skaneateles Falls - Onondaga County

 

 

New York State Electric & Gas – Service Territory

 

Borg Warner Morse TEC

Ithaca - Tompkins County

 

Egli Machine, Inc.

Sidney - Otsego County

 

Kraft Foods, Inc.

Walton - Delaware County

 

Niagara Fiberboard Inc.

Lockport - Niagara County

 

Norwich Aero Products, Inc.

Norwich - Chenango County

 

PCB Piezotronics, Inc.

Depew - Wayne County

 

 

Rochester Gas & Electric – Service Territory

 

Flower City Printing, Inc.

Rochester - Monroe County

 

Gorbel Corp.

Fishers - Ontario County

Seneca Foods Corp.

Leicester - Livingston County

 

 

Con Edison – Service Territory

 

Kruysman, Inc.

Long Island City - Queens County

 

National Grid – Service Territory

 

Thermold Corp.

Canastota - Madison County

 

                NOW THEREFORE BE IT RESOLVED, That the Board hereby finds and determines that such applications meet the requirements of the extended benefits provisions of the Power for Jobs legislation contained in Article 6 of the Economic Development Law as amended by Chapter 59 of the Laws of 2008; and be it further

 

                RESOLVED, That the Board recommends to the Power Authority of the State of New York the 69 applications for extended benefits recommendations for electricity savings reimbursements discussed herein totaling 62,413 kW until June 30, 2009.

 

               

 


 

 


 

 

 


 

4.             Next Meeting

 

                The next meeting of the Board is to be determined.