ECONOMIC DEVELOPMENT POWER

ALLOCATION BOARD

 

MINUTES

 

September 24, 2009

Video conference – 10:00 a.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 July 22, 2009

 

2.                   Power for Jobs Extended Benefits Recommendations for

                Electricity Savings Reimbursements                                               

 

A.               COMPANIES IN JOB COMPLIANCE

 

Con Edison - Service Territory

 

American Ballet Theater

New York - New York County

 

American Indian Community House

New York - New York County

 

Belmont Metals, Inc.

Brooklyn - Kings County

 

Beth Israel Medical Center

New York - New York County

 

Continental Food Products, Inc.

Flushing - Queens County

 

Empire Merchants LLC

Astoria - Queens County

 

Greater Jamaica Development Corp.

Jamaica - Queens County

 

New York University

New York - New York County

 

Norampac - New York City, Inc.

Maspeth - Queens County

 

North General Hospital

New York - New York County

 

NYU Medical Center

New York - New York County

 

S. R. Guggenheim Museum

New York - New York County

 

Streamline Plastics

Bronx - Bronx County

 

The Joyce Theater Foundation, Inc.

New York - New York County

 

Long Island Power Authority - Service Territory

 

Enzo Clinical Labs, Inc.

Farmingdale - Suffolk County

 

Kozy Shack, Inc.

Hicksville - Nassau County

 

Long Beach Medical Center

Long Beach - Nassau County

 

Madelaine Chocolates

Rockaway Beach - Queens County

Maloya Laser Inc.

Commack - Suffolk County

 

Silver Lake Cookie Co.

Islip - Suffolk County

 

Standard Microsystems Corp.

Hauppauge - Suffolk County

 

Ultimate Precision Metal

Farmingdale - Suffolk County

 

National Grid - Service Territory

 

Albany International Corp.

Homer - Cortland County

 

Albany Molecular Research, Inc.

Albany - Albany County

 

AMRI – Rensselaer

Rensselaer - Rensselaer County


Applied Energy Solutions

Caledonia - Livingston County

 

C. R. Bard, Inc.

Queensbury - Warren County

 

Carville National Leather Corp.

Johnstown - Fulton County

 

Cooper Hand Tools

Cortland - Cortland County

 

Cooper Industries

Syracuse - Onondaga County

 

Corning, Inc.

Canton - St. Lawrence County

 

Cortland Line Co., Inc.

Cortland - Cortland County

 

CWM Chemical Services, LLC

Model City - Niagara County

 

Dielectric Laboratories, Inc.

Cazenovia - Madison County

 

Diemolding Corp.

Canastota - Madison County

 

Dupli Envelopes & Graphics Corp.

Syracuse - Onondaga County

 

Edward John Noble Hospital

Gouverneur - St. Lawrence County

 

Fiber Glass Industries Inc.

Amsterdam - Montgomery County

 

Fitzpatrick & Weller, Inc.

Ellicottville - Cattaraugus County

 

Ford Motor Company

Buffalo - Erie County

 

G L & V Sandy Hill Inc.

Hudson Falls - Washington County

 

Higbee Inc.

Syracuse - Onondaga County

 

Interface Solutions, Inc.

Fulton - Oswego County

 

Intertek Testing Services

Cortland - Cortland County

Kilian Manufacturing Corp.

Syracuse - Onondaga County

 

Lewis County General Hospital

Lowville - Lewis County

 

Luvata Buffalo, Inc.

Buffalo - Erie County

 

Lydall Manning

Green Island - Albany County

 

McLane Eastern

Baldwinsville - Onondaga County

 

Meloon Foundries, Inc.

Syracuse - Onondaga County

 

Met Weld Inc.

Altamont - Albany County

 

Mohawk Paper Mills

Cohoes - Albany County

 

Nathan Littauer Hospital & Nursing Home

Gloversville - Fulton County

 

Natrium Products, Inc.

Cortland - Cortland County

 

Paul Bunyan Products, Inc.

Preble - Cortland County

 

Queensboro Farm Products, Inc.

Canastota - Madison County

 

Robison & Smith, Inc.

Gloversville - Fulton County

 

RSA Solutions Inc.

Amherst - Erie County

 

SABIC Innovative Plastics

Selkirk - Albany County

 

Schenectady International, Inc.

Schenectady - Schenectady County

 

Snyder Industries, Inc.

N. Tonawanda - Niagara County

 

Sorrento Lactalis, Inc.

Buffalo - Erie County

 

Syracuse Label Co., Inc.

Liverpool - Onondaga County

 

Syracuse University

Syracuse - Onondaga County

 

Vicks Lithograph & Printing

Yorkville - Oneida County

 

Welch Allyn Data Collection Inc.

Skaneateles Falls - Onondaga County

 

New York State Electric & Gas – Service Territory

 

Audio Sears

Stamford - Delaware County

 

Consumers Beverages, Inc.

Buffalo - Erie County

 

Endicott Interconnect Technologies

Endicott - Broome County

 

Ever Fab, Inc.

East Aurora - Erie County

Manitoba Corp.

Lancaster - Erie County

 

Meadwestvaco Corp.

Sidney - Delaware County

 

Polymer Conversions

Orchard Park - Erie County

 

 

 

B.               COMPANIES NOT IN JOB COMPLIANCE

 

Con Edison – Service Territory

 

Edison Price Lighting, Inc.

 New York - New York County

 

 

Long Island Power Authority – Service Territory

 

Commercial Envelope Manufacturing Corp.

Deer Park - Suffolk County

 

 

National Grid – Service Territory

 

Albany International Corp.

Albany - Albany County

 

 

3.                   Economic Development Plan – Use of Net Revenues Produced

                by Sale of Expansion Power as Industrial Incentive Awards     

 

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:

Gil Quiniones                        Chief Operating Officer, NYPA

Karen Delince                      Corporate Secretary, NYPA

James F. Pasquale               Acting Senior Vice President - Marketing & Economic Development, NYPA

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

Vincent Esposito                  Principal Attorney II, NYPA

Sarah Barish-Straus            Special Assistant - Project Development, NYPA

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

Michael Saltzman               Director, Media Relations, NYPA

Lorna Johnson                     Assistant Secretary, NYPA

Mary Jean Frank                 Associate Corporate Secretary, NYPA

M. Huvane                           Director - Business Muni & Coop Marketing & Economic Development, NYPA

                                               

 

 

 

 

 

 

1.             Adoption of Minutes

The minutes of the meeting of July 22, 2009 were unanimously adopted.


 

2.             Power for Jobs Program – Extended Benefits

 

SUMMARY

 

The Members of the Economic Development Power Allocation Board (EDPAB”) are asked to recommend that the Power Authority’s Trustees (“Trustees”) approve extended benefits for 76 Power for Jobs (“PFJ”) customers as listed in Exhibits “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.  Chapter 217 of the Laws of 2009 included provisions extending the program benefits until May 15, 2010.

 

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’s Trustees approve electricity savings reimbursement rebates to the 76 PFJ customers, 73 of which are meeting their current job commitments and are listed in Exhibit “A.”  However, three customers reported actual job numbers below their contractual commitments; staff is recommending that these customers have their allocations reduced proportionately to their job shortfalls, where appropriate. These customers are listed in Exhibit “B.”  Collectively, these organizations have agreed to retain more than 57,000 jobs in New York State in exchange for rebates. The rebate program will be in effect until May 15, 2010, the program’s sunset.

 

 

RECOMMENDATION

 

It is requested that the Economic Development Power Allocation Board recommend that the Authority’s Trustees approve the payment of electricity savings reimbursements to the 76 businesses listed in Exhibits “A” and “B.”

 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

 

American Ballet Theater

New York - New York County

 

American Indian Community House

New York - New York County

 

Belmont Metals, Inc.

Brooklyn - Kings County

 

Beth Israel Medical Center

New York - New York County

 

Continental Food Products, Inc.

Flushing - Queens County

 

Empire Merchants LLC

Astoria - Queens County

 

Greater Jamaica Development Corp.

Jamaica - Queens County

 

New York University

New York - New York County

 

Norampac - New York City, Inc.

Maspeth - Queens County

 

North General Hospital

New York - New York County

 

NYU Medical Center

New York - New York County

 

S. R. Guggenheim Museum

New York - New York County

 

Streamline Plastics

Bronx - Bronx County

 

The Joyce Theater Foundation, Inc.

New York - New York County

 

 

Long Island Power Authority - Service Territory

 

Enzo Clinical Labs, Inc.

Farmingdale - Suffolk County

 

Kozy Shack, Inc.

Hicksville - Nassau County

 

Long Beach Medical Center

Long Beach - Nassau County

 

Madelaine Chocolates

Rockaway Beach - Queens County

Maloya Laser Inc.

Commack - Suffolk County

 

Silver Lake Cookie Co.

Islip - Suffolk County

 

Standard Microsystems Corp.

Hauppauge - Suffolk County

 

Ultimate Precision Metal

Farmingdale - Suffolk County

 

 

 

 

 

 

 

National Grid - Service Territory

 

Albany International Corp.

Homer - Cortland County

 

Albany Molecular Research, Inc.

Albany - Albany County

 

AMRI – Rensselaer

Rensselaer - Rensselaer County


Applied Energy Solutions

Caledonia - Livingston County

 

C. R. Bard, Inc.

Queensbury - Warren County

 

Carville National Leather Corp.

Johnstown - Fulton County

 

Cooper Hand Tools

Cortland - Cortland County

 

Cooper Industries

Syracuse - Onondaga County

 

Corning, Inc.

Canton - St. Lawrence County

 

Cortland Line Co., Inc.

Cortland - Cortland County

 

CWM Chemical Services, LLC

Model City - Niagara County

 

Dielectric Laboratories, Inc.

Cazenovia - Madison County

 

Diemolding Corp.

Canastota - Madison County

 

Dupli Envelopes & Graphics Corp.

Syracuse - Onondaga County

 

Edward John Noble Hospital

Gouverneur - St. Lawrence County

 

Fiber Glass Industries Inc.

Amsterdam - Montgomery County

 

Fitzpatrick & Weller, Inc.

Ellicottville - Cattaraugus County

 

Ford Motor Company

Buffalo - Erie County

 

G L & V Sandy Hill Inc.

Hudson Falls - Washington County

 

Higbee Inc.

Syracuse - Onondaga County

 

Interface Solutions, Inc.

Fulton - Oswego County

 

Intertek Testing Services

Cortland - Cortland County

Kilian Manufacturing Corp.

Syracuse - Onondaga County

 

Lewis County General Hospital

Lowville - Lewis County

 

Luvata Buffalo, Inc.

Buffalo - Erie County

 

Lydall Manning

Green Island - Albany County

 

McLane Eastern

Baldwinsville - Onondaga County

 

Meloon Foundries, Inc.

Syracuse - Onondaga County

 

Met Weld Inc.

Altamont - Albany County

 

Mohawk Paper Mills

Cohoes - Albany County

 

Nathan Littauer Hospital & Nursing Home

Gloversville - Fulton County

 

Natrium Products, Inc.

Cortland - Cortland County

 

Paul Bunyan Products, Inc.

Preble - Cortland County

 

Queensboro Farm Products, Inc.

Canastota - Madison County

 

Robison & Smith, Inc.

Gloversville - Fulton County

 

RSA Solutions Inc.

Amherst - Erie County

 

SABIC Innovative Plastics

Selkirk - Albany County

 

Schenectady International, Inc.

Schenectady - Schenectady County

 

Snyder Industries, Inc.

N. Tonawanda - Niagara County

 

Sorrento Lactalis, Inc.

Buffalo - Erie County

 

Syracuse Label Co., Inc.

Liverpool - Onondaga County

 

Syracuse University

Syracuse - Onondaga County

 

Vicks Lithograph & Printing

Yorkville - Oneida County

 

Welch Allyn Data Collection Inc.

Skaneateles Falls - Onondaga County

 

New York State Electric & Gas – Service Territory

 

Audio Sears

Stamford - Delaware County

 

Consumers Beverages, Inc.

Buffalo - Erie County

 

Endicott Interconnect Technologies

Endicott - Broome County

 

Ever Fab, Inc.

East Aurora - Erie County

Manitoba Corp.

Lancaster - Erie County

 

Meadwestvaco Corp.

Sidney - Delaware County

 

Polymer Conversions

Orchard Park - Erie County

 

 

Con Edison – Service Territory

 

Edison Price Lighting, Inc.

 New York - New York County

 

 

Long Island Power Authority – Service Territory

 

Commercial Envelope Manufacturing Corp.

Deer Park - Suffolk County

 

 

National Grid – Service Territory

 

Albany International Corp.

Albany - Albany 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 217 of the Laws of 2009; and be it further

 

                RESOLVED, That the Board recommends to the Power Authority of the State of New York the 76 applications for extended benefits recommendations for electricity savings reimbursements discussed herein totaling 70,888 kW for the period through May 15, 2010.

 

 

 

 

 


 

 


 

 

 

 

 


 

3.             Extension of Use of Net Revenues Produced by Sale

                of  Expansion Power as Industrial Incentive Awards

 

                                Mr. James Pasquale recommended that this item be tabled for consideration at a future EDPAB meeting.  Chairman Kenneth Schoetz said that the EDPAB members have requested staff to provide additional details on this item before it is considered by them at another regular EDPAB meeting or, if necessary, a special meeting.


 

4.             Next Meeting

 

                The next meeting of the Board is to be determined.