2004-084RESOLUTION NO. 2004-084
RESOLUTION AUTHORIZING EXECUTION OF AGREEMENT WITH THE
POUGHKEEPSIE/DUTCHESS EMPIRE ZONE
At the regular meeting of the Town Board of the Town of Wappinger, Dutchess County,
New York, held at Town Hall, 20 Middlebush Road, Wappingers Falls, New York, on the 9th day
of February, 2004, at 7:30 p.m.
The meeting was called to order by Joseph Ruggiero, Supervisor, and upon roll being
called, the following were present:
PRESENT: Supervisor - Joseph Ruggiero
Council Members - Robert L. Valdati
Vincent F. Bettina
Joseph P. Paoloni
Maureen McCarthy
ABSENT:
The following Resolution was introduced by M. McCarthy and seconded
by V. Bettina
WHEREAS, the Empire Zone program is a New York State program which makes
financial incentives available to qualifying businesses that expand or locate in the zone; and
WHEREAS, the Empire Zone Administrative Board has the responsibility for the
successful implementation of the Empire Zone program in Dutchess County, consistent with
requirements of the New York State Department of Economic Development (hereinafter referred
to as Empire State Development); and
WHEREAS, administration of the program is essential for an individual business to
obtain and maintain Empire Zone Certification, thereby making it eligible to receive the financial
incentives; and
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WHEREAS, the benefits of the Empire Zone are significant for economic development
in the Town of Wappinger; and
WHEREAS, the Empire Zone Administrative Board annually adopts a budget deemed
sufficient to successfully administer the program; and
WHEREAS, the Town Board finds that it is in the best interest of the Town to support
and contribute to the Empire Zone program to promote economic development in the Town of
Wappinger.
NOW, THEREFORE, BE IT RESOLVED, as follows:
The recitations above set forth are incorporated in this Resolution as if fully set
forth and adopted herein.
2. The Town Board hereby elects and agrees to enter into a written Agreement
between Poughkeepsie Dutchess Development, Inc. in substantially the same form as attached
hereto marked and designated as Exhibit "A" and subject to any amendments recommended by
the Attorney to the Town, Albert P. Roberts, to provide assistance to businesses as located in the
Empire Zone and further authorize the payment of Twenty -One Thousand, Two Hundred and
Fifty Dollars ($21,250.00) as the fee to be paid by the Town of Wappinger for the Empire Zone
fiscal year of 2003-2004.
3. Supervisor Joseph Ruggiero is hereby authorized and directed to execute the
Agreement between the Town of Wappinger and Poughkeepsie Dutchess Development, Inc. on
behalf of the Town in substantially the same form as attached hereto.
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The foregoing was put to a vote which resulted as follows:
JOSEPH RUGGIERO, Supervisor Voting
ROBERT L. VALDATI, Councilman Voting
VINCENT F. BETTINA, Councilman Voting
JOSEPH P. PAOLONI, Councilman Voting
MAUREEN McCARTHY, Councilwoman Voting
Dated: Wappingers Falls, New York
February 9, 2004
aye
aye
aye
aye
The Resolution is hereby duly declared adopted.
a J. Morse,
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This agreement made this day of Agreement, by and between the Poughkeepsie
Dutchess Development, Inc, a not -for —profit corporation with responsibility for
implementation and administration of the Poughkeepsie Dutchess Empire Zone
(hereinafter referred to as the Empire Zone Administrative Board) with administrative
Offices at 3 Neptune Road, Poughkeepsie NY, and the Town of Wappinger, a municipal
corporation, with its principal place of business at 20 N iddlebush Road, Wappingers
Falls, New York-
WHEREAS
ork
WHEREAS the Empire Zone program is a New York State program which makes
financial incentives available to qualifying businesses that expand or locate in the zone;
and
WHEREAS the Empire Zone Administrative Board has the responsibility for the
successful implementation of the Empire Zone program in Dutchess County, consistent
with requirements of the New York State Department of Economic Development (herein
after referred to as Empire State Development); and
WHEREAS. administration of the program is essential for an individual business to
obtain and maintain Empire Zone certification, thereby making it eligible to receive the
financial incentives; and
WHEREAS, the benefits of the Empire Zone are significant for economic development in
the Town of Wappinger; and
WHEREAS the Empire Zone Administrative Board annually adopts a budget deemed
sufficient to successfully administer the program; and
WHEREAS the budget is based on the successful application for a grant from Empire
State Development and additional commitments from the municipalities benefiting from
the Empire Zone; and
WHEREAS, the Empire Zone Administrative Board has adopted a revenue policy,
attached to this agreement; and
Now, therefore, in consideration of the mutual covenants and promises contained therein,
the Town of Wappinger and the Empire zone Administrative Board agree as follows:
I . Empire Zone staff will assist businesses in the Empire Zone in the Town of
Wappinger in completing certification documents and business annual reports and
will properly file such records.
2. Empire Zone staff will assist zone businesses in obtaining current information
regarding available incentives, including but not limited to the wage tax credit,
Property tax refund, sales tax exemption, and income tax credit.
3. Empire Zone staff will provide routine business services, such as references to
appropriate tax legislation, information regarding program changes, and referrals
to other economic development resources as part of its on-going program of
assistance to certified business.
4. Empire Zone staff will meet with property owners andlor representatives of
prospective developers to help present Empire Zone incentives, identify and
assess high priority development sites and the feasibility of Zone status of
individual sites.
5_ The Empire Zone Board will provide to the Town of Wappinger, by September I
of each year, a statement of the administrative costs required of the Town for the
following calendar year.
6. The Town of Wappinger will remit to the Empire Zone $21,250 as the total fee
for the Empire Zone fiscal year of 2003-2004 on or before February 1 of 2004,
payable to PoughiceepsieOutchess Development Inc.
7. This agreement shall terminate on June 30, 2004.
- IN WITNESS WHEREOF, the parties hereto have executed this Agreement.
.Approved:
Date
Title:
Poughkeepsie Dutchess Development, h=
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