INVESTMENTS TOTALING $582.5 MILLION HIGHLIGHT GCEDC NOVEMBER BOARD MEETING


 

Genesee County Economic Development Center

 

Board accepts initial application for $550 million solar project and approves incentives for a tourism hospitality venue.

 The Genesee County Economic Development Center (GCEDC) board of directors advanced five projects totaling approximately $582.5 million in investments at its board meeting on Tuesday, November 1, 2022.

The board accepted initial applications from Hecate Energy Cider Solar LLC for a proposed $550 million utility-scale solar project in Elba and Oakfield and a community solar community in Batavia and LeRoy, totaling $20 million. The board also approved final incentives for a $12 million tourism hospitality project.

Hecate Energy Cider Solar LLC proposes constructing a 500-megawatt util utility-scalar farm on multiple agricultural properties in Elba and Oakfield. The $550 million project would generate $73.5 million for host municipalities through a payment instead of taxes (PILOT) and community host agreements, including:

  • $13.18 million to Genesee County
  • $19.38 million to the Town of Elba
  • $12.92 million to the Town of Oakfield
  • $16.85 million to the Elba Central School District
  • $11.24 million to the Oakfield-Alabama School District

Public hearings will be scheduled for Hecate Energy Cider Solar LLC’s proposed project agreements in Elba and the town of Oakfield.

The GCEDC board also approved a final resolution for 8250 Park Road LLC. The project proposes to invest $12 million for extensive renovations to the Quality Inn & Suites and Palm Island Indoor Water Park.

The tourism and hospitality facility will become an 80-room Holiday Inn and 80-room Candlewood Suites with upgraded hotel rooms, a lobby area, event spaces, a water park, and an on-site restaurant. The new facility is anticipated to create 38 new full-time jobs.

8250 Park Road LLC requested property, sales, and mortgage tax assistance of approximately $1.197 million and is estimated to generate $32 of local payroll and tax revenue for every $1 of requested service.

The GCEDC board also accepted initial resolutions for three solar community projects totaling 10.5-megawatts of energy generation:

  • AES Rt 5 Storage, LLC proposes constructing a 5-megawatt community solar project on West Main Road in Le Roy. The $11.01 million project would generate $597,180 in PILOT payments, host payments, and real property taxes to Genesee County, Le Roy, and the Le Roy Central Schools. A public hearing on the proposed project agreement will be scheduled in the town of Le Roy.
  • RPNY Solar 6, LLC proposes constructing a 3-megawatt community solar project on Alexander Road in Batavia. The $5.97 million project would generate $447,748 in PILOT payments, host payments, and real property taxes to Genesee County, Batavia, and the Alexander Central Schools. A public hearing on the proposed project agreement will be scheduled in the town of Batavia.
  • RPNY Solar 7, LLC proposes constructing a 2.5-megawatt community solar project on Alexander Road in Batavia. The $3.55 million project would generate $373,124 in PILOT payments, host payments, and real property taxes to Genesee County, Batavia, and the Batavia City Schools. A public hearing on the proposed project agreement will be scheduled in the town of Batavia.

 

 

 





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