ECONOMIC DEVELOPMENT POWER
December 13, 2010
Videoconference – 10:00a.m.
New York Power Authority Offices:
123 Main Street, 16th Floor, White Plains, NY
501 7th Avenue, 9th Floor, New York, NY
St. Lawrence/FDR Power Plant, 830 Barnhart Island, Massena, NY
30 South Pearl Street, 10th Floor, Albany, NY
Empire State Development Corporation, 95 Perry Street, Suite 500, Buffalo, NY
City of Oswego Community Development, 20 West Oneida Street, 3rd Floor, Oswego, NY
A regular meeting of the Economic Development Power Allocation Board was held via videoconference at the following participating locations:
The following Members of the Board were present at the following locations:
Kenneth Schoetz, Chairman (Buffalo, NY)
Eugene L. Nicandri, Member, (Massena, NY)
Robert B. Catell, Member, (New York, NY)
Mary Vanouse, Member, (Oswego, NY)
Also in attendance were:
Terryl Brown Executive Vice President & General Counsel, NYPA
James F. Pasquale Senior Vice President - Marketing & Economic Development, NYPA
Karen Delince Corporate Secretary, NYPA
Vincent Esposito Assistant General Counsel, Legislative & Regulatory Affairs
Michael Huvane Vice President - Marketing, NYPA
Connie Cullen Deputy Director, Media Relations, Media Realtions
Timothy Muldoon Manager – Business Power Allocations & Compliance, NYPA
Dennis Eccleston Chief Information Officer, Information Technology, NYPA
Lorna Johnson Assistant Secretary, NYPA
Sheila Baughman Senior Secretary, NYPA
1. Adoption of Minutes
The Minutes of the Regular Meeting of October 25, 2010 were unanimously adopted.
2. Transfers of Industrial Power
The Members of the Economic Development Power Allocation Board (“EDPAB”) are requested to recommend approval of the transfers as detailed below.
EDPAB is requested to approve the transfer of power allocations for five existing companies that have changed ownership/corporate names or changed locations for various business reasons. EDPAB has approved transfers of this nature at past meetings.
The proposed transferees are as follows:
Alcan Packaging Food & Tobacco, Inc., located in Edgewood, NY, produces flexible packaging for consumer products. Bemis Company, Inc. acquired Alcan Packaging on March 1st, 2010. Alcan Packaging is requesting to transfer their 850 kW Economic Development Power (“EDP”) allocation to Bemis Company, Inc. The customer will meet all contractual commitments in the existing contract with the Authority.
Beaver Falls Sealing Products, located in Croghan, NY, specializes in gaskets, packing, and sealing products. With no change of ownership involved, the company wishes to transfer their 250 kW Power for Jobs (“PFJ”) allocation to Interface Sealing Solutions, Inc. The company continues to honor all the contract terms and commitments.
Birds Eye Foods Inc. (Birds Eye Group Inc. Delaware) located in Fulton, NY, a food processing and marketing company has filed a certificate of conversion to the company name Birds Eye Foods LLC on December 24, 2009. The company will honor all of the terms and commitments of its 1,500 kW Power for Jobs (“PFJ”) Extended Benefits contract with the Authority in order to receive Electricity Savings Reimbursements (“rebate”) until the expiration date of the program.
Liz Claiborne, Inc., located in Manhattan, NY, is a clothing and accessories manufacturer. Due to significant changes in the organizational strategy at their current location, Liz Claiborne Inc. wishes to allocate their commitment to three additional locations. The existing location associated with the allocation is 1441 Broadway. The company wishes to transfer their 1,500 kW (“PFJ”) Extended Benefits contract with the Authority in order to receive Electricity Savings Reimbursements (“rebate”) until the expiration date of the program. In its entirety, the four locations to receive the allocation will be 1440 Broadway, 1441 Broadway, 240 West 40th Street, and Kate Spade at 25th Street. The customer continues to honor all contract commitments with the Authority.
Newsday, located in Melville, NY, produces a daily news publication serving Long Island since 1940. The company is requesting to transfer their 850 kW Economic Development Power (“EDP”) allocation from 25 Deshon Road, Melville, NY, to another one of their facilities on 235 Pinelawn Road, Melville, NY. All existing contract commitments will remain in effect.
It is recommended that EDPAB approve the transfers as detailed above.
Mr. Michael Huvane presented the highlights of staff’s recommendations to the Board. In response to a question from Trustee Eugene Nicandri, Mr. Huvane said that all of the transferees’ locations are in New York and that, for example, Liz Claiborne has consolidated its operations within the garment district.
Mr. Huvane reported that, as instructed by the Board at the last meeting, letters were sent to the non-compliant PFJ and ECSB companies informing them that the Board reserves the right to adjust their allocations at a future time, for continued non-compliance. Chairman Schoetz asked that the Board members received a sample copy of the letters.
In response to a question from Trustee Nicandri, Mr. Huvane said that overall, job totals reported by PFJ and ESCB customers were 99% and 98% in compliance, respectively.
Chairman Schoetz asked Mr. Pasquale to give an update on the status of the PJF legislation. Mr. Pasquale said that, at the present time, nothing formal has been decided and that he will give formal report to the Board in January 2011.
Mr. Pasquale informed the members that, as directed by the Board, staff, with the assistance of the Legal Department, has drafted proposed EDPAB policies and procedures that is now being review by outside counsel. The Board members will receive a copy for review in January 2011.
Ms. Mary Vanouse thanked staff for sending the letters to the non-compliant companies. She then wished everyone happy holidays; Chairman Schoetz also expressed his best wishes to everyone and their families for a happy holiday and successful 2011; Mr. Robert Catell and Trustee Nicandri concurred.
The following resolution was unanimously adopted by members of the Board present.
RESOLVED, That the Board recommends that the Power Authority of the State of New York take no action on the 90 Power for Jobs and 18 Energy Cost Savings Benefits customers who are not meeting their job commitments for the reasons discussed herein.
3. Next Meeting
The next meeting of the Board is to be determined.