Appendix A.2.vii Description of loco! incentive package

-

  

POWERED BY. comma

October 13, 2017 .

Matt Hurlbutt

interim President 8: CEO
Greater Rochester Enterprise
100 Chestnut St, #1910
Rocheeter, NY14604

Dear Matt:

in conjunction with our partners at Empire State Development, Greater Rochester Enterprise,
and Monroe Community. College, we are pleased that AMAZONDOM, (Amazon) is
considering signi?cant expansion or operations and a long~terrn commitment in Monroe
. County. This project will have a signi?cant impact our community. We are Very grateful to
you and your team for working with us and we look forward to working with Amazon in
Monroe County. 1 have estimated the value of incentives below to he in excess of $700
million based on the following TO SATEISFACTORY REWEWOF

FHNANCML TQWN and AGENCY approvaie):
Investment: .. i 3; 1

Total Jolo Estimates: to be created over 15 wart-31,45,000

Local Tax Jurisdiction Sponsored Property Tax Abatement~ as outlined below
may be applied for it there is an anticipated incremental increase in assessment
associated with new?oonetruotion or renovation to the project properties. These
bene?ts are available to the project through direct orirnerehip or via a landiord 

conduit. An eetirnate of the bene?t ie as follows:

Year 1 95% Year 11 45% 
. Year 2 90% Year 12 40%
Year 3 85% Year 13 35%
Year4 80% . Year 14 30% . 
Year5 75% Year ?i5 25%
Year?o? 70% Year 16- 20%
Year 7 65% Year 17 15%
Year 8 60% Year 18 10%
"Year 9 55% Year 19 5%
Year 10 50% Year 20 0%

5o wear MAW anteater, area, noeneerana 14614
erroneeaeraa-zoza i 

The project must use all local labor and suppliers in the development of the facilihr.

?Local? is defined as suppliers from the following counties: Monroe, Ontario,
Livingston, Wayne, Genesee, Orleans, Wyomiog?, Yates or Seneca,

Sales. Tax Exemption Exemptions from Stole and County soles tail; on
construction meteriele and nonmmenuiecturing equipment potcheseol for the facility.
The sales tax exemption will apply to equipment, furniture and ?xture purchases

eleo, settings of 


?0?06

GreeiReoete Grants up to $500,000 for the purchase of equipment and correlated
job creations, terms to be negotiated:

e- LadderzUp Training Greet .. Customized training program in ?conjunction with our
parloerset Monroe Community-College. - -

incentives noted above are estimates, actual incentives will be based. on project cost, need 
and purpose. The process from application intake to board approval typically takes than
30 days (Application, Public Hearing end Board Approval). 

We are excited about the impact this project would have in our community and are grateful-for

the opportunity to continue supporting job growth inMonroeCountm Please call me at 

mime - 

Je rey R. Adair
Director . -

5853532020 with any questions. 

>110; Cheryl Dinolfo, County Executive