ECONOMIC DEVELOPMENT POWER

ALLOCATION BOARD

 

MINUTES

 

November 17, 2008

Video Conference – 9:30 a.m.

 

                                New York Power Authority Offices:

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

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

                                                Niagara Power Project, 5777 Lewiston Road, Lewiston, NY

                                                St. Lawrence Power Project, 830 Barnhart Island, Massena, NY

 

1.             Approval of the Minutes of the Meeting of October 24, 2008

 

2.             Power for Jobs Extended Benefits Recommendations for Electricity Savings Reimbursements

 

A.                  COMPANIES IN JOB COMPLIANCE 

 

Central Hudson Gas & Electric – Service Territory

 

Northeast Solite Corp.

Mount Marion - Ulster County

 

Con Edison - Service Territory

 

Beth Israel Medical Center

New York - New York County

 

Columbia University – Trustees

New York - New York County

 

Edison Price Lighting, Inc.

New York - New York County

 

Greater Jamaica Development Corp.

Jamaica - Queens County

 

Jacmel Jewelry, Inc.

  Long Island City - Queens County

Mount Sinai Medical Center

New York - New York County

 

NYU Medical Center

New York - New York County

 

S. R. Guggenheim Museum

New York - New York County

 

The Museum of Modern Art

New York - New York County

 

Thirteen WNET (Educational Broadcasting Corp.)

New York - New York County

 

 

Long Island Power Authority - Service Territory

 

Enzo Clinical Labs, Inc.

Farmingdale – Suffolk County

 

Good Samaritan Hospital

West Islip – Suffolk County

 

National Grid - Service Territory

 

Albany Molecular Research, Inc.

Albany - Albany County

 

AMRI Rensselaer, Inc.

Rensselaer - Rensselaer County

Anoplate Corp.

Syracuse - Onondaga County

 

Atofina Chemicals, Inc.

Geneseo - Livingston County

 

Beechnut Nutrition Corp.

Canajoharie - Montgomery County

 

Clarkson University

Potsdam - St. Lawrence County

 

Climax Manufacturing Co.

Carthage - Jefferson County

 

Cortland Line Co., Inc.

Cortland - Cortland County

 

Crucible Specialty Metals

Syracuse - Onondaga County

 

CWM Chemical Services, LLC

Model City - Niagara County

 

Dal Tile Corporation

Olean - Cattaraugus County

 

Dielectric Laboratories, Inc.

Cazenovia - Madison County

 

Diemolding Corporation

Canastota - Madison County

 

Dodge-Graphic Press Inc.

Utica - Herkimer County

 

Dupli Envelopes & Graphics Corp.

Syracuse - Onondaga County

 

Eastman Machine Company

Buffalo - Erie County

 

Edward John Noble Hospital

Gouverneur - St. Lawrence 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

 

Keystone  Corporation

   Buffalo - Erie County

Kilian Manufacturing Corporation

Syracuse - Onondaga County

 

Lydall Manning

Green Island - Albany County

Manth-Brownell, Inc.

Kirkville - Madison County

 

McLane Eastern

Baldwinsville - Onondaga County

 

Meloon Foundries, Inc.

Syracuse - Onondaga County

 

Mohawk Paper Mills

Cohoes - Albany County

 

Nathan Littauer Hospital & Nursing Home

Gloversville - Fulton County

 

Paul Bunyan Products, Inc.

Preble - Cortland County

 

Precision Systems Mfg., Inc.

Liverpool - Onondaga County

 

Queensboro Farm Products, Inc.

Canastota - Madison County

 

Revere Copper Products

Rome - Oneida County

 

Robison & Smith, Inc.

Gloversville - Fulton County

 

SABIC Innovative Plastics

Selkirk - Albany County

 

Schenectady International, Inc.

Schenectady - Schenectady County

 

Schneider Packing Equipment

Brewerton - Onondaga County

 

Sorrento Lactalis, Inc.

Buffalo - Erie County

 

Specialized Packaging Radisson, Inc.

Baldwinsville - Onondaga County

 

Syracuse Casting Sales Corp.

Cicero - Onondaga County

 

Syracuse Label Co., Inc.

Liverpool - Onondaga County

 

Syracuse University

Syracuse - Onondaga County

 

Vicks Lithograph & Printing

Yorkville - Oneida County

Watson Bowman Acme Corp.

Amherst - Erie County

 

 

New York State Electric & Gas – Service Territory

 

Agri-Mark, Inc.

Chateaugay - Franklin County

 

Barry Steel Fabrication, Inc.

Lockport - Niagara County

 

Bison Foods, dba Upstate Niagara Cooperative, Inc.

West Seneca - Erie County

 

Caron Fine Wood Products, Inc.

Champlain - Clinton County

Manitoba Corporation

Lancaster - Erie County

 

Merritt Machinery, LLC

Lockport - Niagara County

 

Upstate Niagara Cooperative, Inc.

Buffalo - Erie County

 

 

Orange and Rockland – Service Territory

 

   IBM (Sterling Forest facility)

   Sterling Forest - Orange County

 

Rochester Gas & Electric – Service Territory

 

Flower City Printing, Inc.

Rochester - Monroe County

 

IBM (Rochester facility)

Rochester - Monroe County

 

 

3.             Other Business

 

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, 30 South Pearl Street, Albany NY

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

3)       Niagara Power Project, 5777 Lewiston Road, Lewiston, NY

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

 

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

Kenneth Schoetz, Chairman (Niagara, NY)

James A. Duncan, Member (Niagara, NY)

Bernard P. McGarry, Member (Albany, NY)

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

 

 

Also in attendance were:

Anne B. Cahill                      Corporate Secretary, NYPA                               

Joseph C. Carline                 Assistant General Counsel, NYPA

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

James F. Pasquale                Director – Marketing Analysis and Administration

Michael Saltzman Director – Media Relations, NYPA

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

Mary Jean Frank                  Associate Corporate Secretary, NYPA

Lorna Johnson                     Assistant Corporate Secretary, NYPA

                                               

 

 

 

 

 

 

 

 

 

1.             Adoption of Minutes

The minutes of the meeting of October 24, 2008 were unanimously adopted.


 

2.             Power for Jobs Extended Benefits

 

SUMMARY

 

The members of the Economic Development Power Allocation Board (“EDPAB”) are requested to approve extended benefits for 68 Power for Jobs (“PFJ”) customers as listed in Exhibit “A.” 

 

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 68 PFJ customers listed in Exhibit “A,” all of which are meeting their job commitments.  Collectively, these organizations have agreed to retain more than 52,000 jobs in New York State in exchange for rebates. The rebate program will be in effect until June 30, 2009, the program’s sunset.

 

RECOMMENDATION

 

It is requested that the Economic Development Power Allocation Board recommend that the Power Authority’s Trustees approve the payment of electricity savings reimbursements to the 68 businesses listed in Exhibit “A.”

 

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:

 

A.            COMPANIES IN JOB COMPLIANCE 

 

Central Hudson Gas & Electric – Service Territory

 

Northeast Solite Corp.

Mount Marion - Ulster County

 

Con Edison - Service Territory

 

Beth Israel Medical Center

New York - New York County

 

Columbia University – Trustees

New York - New York County

 

Edison Price Lighting, Inc.

New York - New York County

 

Greater Jamaica Development Corp.

Jamaica - Queens County

 

Jacmel Jewelry, Inc.

  Long Island City - Queens County

Mount Sinai Medical Center

New York - New York County

 

NYU Medical Center

New York - New York County

 

S. R. Guggenheim Museum

New York - New York County

 

The Museum of Modern Art

New York - New York County

 

Thirteen WNET (Educational Broadcasting Corp.)

New York - New York County

 

 

Long Island Power Authority - Service Territory

 

Enzo Clinical Labs, Inc.

Farmingdale – Suffolk County

 

Good Samaritan Hospital

West Islip – Suffolk County

 

National Grid - Service Territory

 

Albany Molecular Research, Inc.

Albany - Albany County

 

AMRI Rensselaer, Inc.

Rensselaer - Rensselaer County

 

Anoplate Corp.

Syracuse - Onondaga County

 

Atofina Chemicals, Inc.

Geneseo - Livingston County

 

Beechnut Nutrition Corp.

Canajoharie - Montgomery County

 

Clarkson University

Potsdam - St. Lawrence County

 

Climax Manufacturing Co.

Carthage - Jefferson County

 

Cortland Line Co., Inc.

Cortland - Cortland County

 

Crucible Specialty Metals

Syracuse - Onondaga County

 

CWM Chemical Services, LLC

Model City - Niagara County

 

Dal Tile Corporation

Olean - Cattaraugus County

 

Dielectric Laboratories, Inc.

Cazenovia - Madison County

 

Diemolding Corporation

Canastota - Madison County

 

Dodge-Graphic Press Inc.

Utica - Herkimer County

 

Dupli Envelopes & Graphics Corp.

Syracuse - Onondaga County

 

Eastman Machine Company

Buffalo - Erie County

 

Edward John Noble Hospital

Gouverneur - St. Lawrence 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

 

Keystone  Corporation

Buffalo - Erie County

Kilian Manufacturing Corporation

Syracuse - Onondaga County

 

Lydall Manning

Green Island - Albany County

 

Manth-Brownell, Inc.

Kirkville - Madison County

 

McLane Eastern

Baldwinsville - Onondaga County

 

Meloon Foundries, Inc.

Syracuse - Onondaga County

 

Mohawk Paper Mills

Cohoes - Albany County

 

Nathan Littauer Hospital & Nursing Home

Gloversville - Fulton County

 

Paul Bunyan Products, Inc.

Preble - Cortland County

 

Precision Systems Mfg., Inc.

Liverpool - Onondaga County

 

Queensboro Farm Products, Inc.

Canastota - Madison County

 

Revere Copper Products

Rome - Oneida County

 

Robison & Smith, Inc.

Gloversville - Fulton County

 

SABIC Innovative Plastics

Selkirk - Albany County

 

Schenectady International, Inc.

Schenectady - Schenectady County

 

Schneider Packing Equipment

Brewerton - Onondaga County

 

Sorrento Lactalis, Inc.

Buffalo - Erie County

 

Specialized Packaging Radisson, Inc.

Baldwinsville - Onondaga County

 

Syracuse Casting Sales Corp.

Cicero - Onondaga County

 

Syracuse Label Co., Inc.

Liverpool - Onondaga County

 

Syracuse University

Syracuse - Onondaga County

 

Vicks Lithograph & Printing

Yorkville - Oneida County

 

Watson Bowman Acme Corp.

Amherst - Erie County

 

 

New York State Electric & Gas – Service Territory

 

Agri-Mark, Inc.

Chateaugay - Franklin County

 

Barry Steel Fabrication, Inc.

Lockport - Niagara County

 

Bison Foods, dba Upstate Niagara Cooperative, Inc.

West Seneca - Erie County

 

Caron Fine Wood Products, Inc.

Champlain - Clinton County

Manitoba Corporation

Lancaster - Erie County

 

Merritt Machinery, LLC

Lockport - Niagara County

 

Upstate Niagara Cooperative, Inc.

Buffalo - Erie County

 

 

Orange and Rockland – Service Territory

 

  IBM (Sterling Forest facility)

      Sterling Forest - Orange County

 

Rochester Gas & Electric – Service Territory

 

Flower City Printing, Inc.

Rochester - Monroe County

 

IBM (Rochester facility)

Rochester - Monroe 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 68 applications for extended benefits recommendations for electricity savings reimbursements discussed herein totaling 63,483 kW until June 30, 2009.


 


 


 


 

3.             Other Business

 

            Mr. James Pasquale presented the highlights of staff’s recommendations to the Board.  In response to a question from Mr. Nicandri, Mr. Pasquale said that the total number of jobs for all Power for Jobs customers has always exceeded the total number of jobs committed by those customers.  Chairman Schoetz said that this was encouraging and that he was glad to see the trend continuing.

 

 

 


 

4.             Next Meeting

 

                The next meeting of the Board is to be determined.