ECONOMIC DEVELOPMENT POWER

ALLOCATION BOARD

MINUTES

 

September 27, 2010

Videoconference – 1:30p.m.

 

                                New York Power Authority Offices:

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

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

                               

1.                   Approval of the Minutes of the June 16, 2010 Regular Meeting and the Minutes of the Special Meeting of August 17, 2010.

 

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

 

A.Stein Meat Products, Inc.

Brooklyn – Kings County

 

American Ballet Theater

New York – New York County

 

Beth Israel Medical Center

New York – New York County

 

Columbia University – Trustees

New York – New York County

 

Diller-Quaile School of Music

New York – New York County

 

Edison Price Lighting, Inc.

New York – New York County

 

Elaine Kaufman Cultural Center

New York – New York County

 

Greater Jamaica Development Corp.

Jamaica – Queens County

 

Home for Contemporary Theater & Art

New York – New York County

 

Lincoln Center for the Performing Arts

New York – New York County

Liz Claiborne, Inc.

New York – New York County

 

Long Island Jewish Medical Center

Manhasset – Nassau County

 

Memorial Sloan-Kettering Cancer Center

New York – New York County

 

Mount Sinai Medical Center

New York – New York County

 

New Museum of Contemporary Art

New York – New York County

 

Norampac New York City, Inc.

Maspeth – Queens County

 

Pepsi Cola Bottling Company

College Point – Queens County

 

The Joyce Theater Foundation, Inc.

New York – New York County

 

The Museum of Modern Art

New York – New York County

 

Verizon

New York – New York County

 

Long Island Power Authority - Service Territory

 

Enzo Clinical Labs, Inc.

Farmingdale – Suffolk County

 

John T. Mather Memorial Hospital

Port Jefferson – Suffolk County

North Shore Health System

Manhasset – Nassau County

 

 

National Grid - Service Territory

 

Albany International Corp.

Albany – Albany County

 

Albany International Corp.

Homer – Cortland County

 

Albany Molecular Research, Inc.

Albany – Albany County

 

AMRI Rensselaer, Inc.

Rensselaer – Rensselaer County

 

Associated Brands, Inc.

Medina – Orleans County

 

Beechnut Nutrition Corp.

Canajoharie – Montgomery County

 

C. R. Bard, Inc.

Queensbury - Warren County

 

Cascades Tissue Group

Waterford - Saratoga County

 

Clarkson University

Potsdam - St. Lawrence County

 

Cooper Hand Tools

Cortland - Cortland County

 

Cooper Industries

Syracuse - Onondaga County

 

CWM Chemical Services, LLC

Model City - Niagara County

 

Diemolding Corporation

Canastota - Madison County

 

Distributor Data Forms, Inc.

Cortland - Cortland County

 

Fiber Glass Industries Inc.

Amsterdam - Montgomery County

 

 

Fitzpatrick & Weller, Inc.

Ellicottville - Cattaraugus County

 

G L & V Sandy Hill Inc.

Hudson Falls - Washington County

 

Gehring Tricot Corp.

Dolgeville - Herkimer County

 

Helmont Mills

St. Johnsville - Montgomery County

 

Interface Solutions, Inc.

Fulton - Oswego County

 

Kilian Manufacturing Corporation

Syracuse - Onondaga County

 

 

Lewis County General Hospital

Lowville - Lewis County

 

Mayer Bros. Apple Products, Inc.

West Seneca - Erie County

 

Mohawk Paper Mills

Cohoes - Albany County

 

Nathan Littauer Hospital & Nursing Home

Gloversville - Fulton County

 

Paul Bunyan Products, Inc.

Preble - Cortland County

 

PCI Paper Conversions, Inc.

Syracuse - Onondaga County

 

Power Pallet

Schenectady - Schenectady County

 

Precision Systems Mfg., Inc.

Liverpool - Onondaga County

 

Quad Graphics, Inc.

Saratoga Springs - Saratoga County

 

Queensboro Farm Products, Inc.

Canastota - Madison County

 

Robison & Smith, Inc.

Gloversville - Fulton County

 

RSA Solutions Inc.

Amherst - Erie County

 

Schilling Forge, Inc.

Syracuse - Onondaga County

 

Spray Nine Corporation

Johnstown - Fulton County

 

St. Joseph's Hospital Health Center

Syracuse - Onondaga County

 

 

Stone Construction Equipment Inc.

Honeoye - Ontario County

 

Syracuse Label Co., Inc.

Liverpool - Onondaga County

 

Syracuse University

Syracuse - Onondaga County

 

Vicks Lithograph & Printing

Yorkville - Oneida County

 

Welch Allyn Data Collection Inc.

Skaneateles Falls - Onondaga County

 

 

New York State Electric & Gas – Service Territory

 

Air-Flo Manufacturing

Prattsburgh - Steuben County

 

Audio Sears

Stamford - Delaware County

 

Boreal Water Collection, Inc.

Kiamesha Lake - Sullivan County

 

BorgWarner Automotive Morse TEC

Ithaca - Tompkins County

 

Corning, Inc.

Corning - Steuben County

 

Egli Machine, Inc.

Sidney - Delaware County

 

Endicott Interconnect Technologies

Endicott - Broome County

 

IEC Electronics Corp.

Newark - Wayne County

 

Kraft Foods – Walton

Walton - Delaware County

 

Norampac Industries

Lancaster - Erie County

 

Vail Ballou Press, Inc.

Binghamton – Broome County

 

 

 

 

Rochester Gas & Electric – Service Territory

 

Flower City Printing, Inc.

Rochester - Monroe County

 

International Business Machines – Rochester

Rochester - Monroe County

XLI Corporation

Rochester - Monroe County

 

 

 

 

 

3.                Motion to Conduct an Executive Session

            

4.                Motion to Resume Meeting in Open Session

 

5.                Other Business

 

6.                 Next Meeting


 

                A regular meeting of the Economic Development Power Allocation Board was held via videoconference at the following participating locations:

 

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

2)       New York Power Authority, 30 South Pearl Street, 10th Floor, Albany, NY

 

The following Members of the Board were present at the Albany location:

Kenneth Schoetz, Chairman

Eugene L. Nicandri, Member

Robert B. Catell, Member

Mary Vanouse, Member

 

Also in attendance were:

 

Terryl Brown                        Executive Vice President & General Counsel, NYPA

James F. Pasquale               Senior Vice President - Marketing & Economic Development, NYPA

Paul Finnegan                      Senior Vice President Public, Government & Regulatory Affairs, NYPA

Karen Delince                      Corporate Secretary, NYPA

Vincent Esposito                  Assistant General Counsel, Legislative & Regulatory Affairs, NYPA

Michael Huvane                  Vice President - Marketing, NYPA

Andrew Newman                 Special Counsel, General Counsel Law, NYPA

Angela Graves                      Deputy Secretary, NYPA

MaryJean Frank                  Associate Secretary, NYPA

Lorna Johnson                     Assistant Secretary, NYPA

Michael Saltzman               Director – Media Relations, NYPA

Timothy Muldoon               Manager – Business Power Allocations & Compliance, NYPA

Dennis Eccleston                 Chief Information Officer, Information Technology, NYPA

Scott Fein                              Partner – Whiteman, Osterman & Hanna LLP


 

1.             Adoption of Minutes

The Minutes of the Regular Meeting of June 16, 2010 and the Minutes of the Special Meeting of August 17, 2010.


 

2.             Power for Jobs Program – Extended Benefits

 

SUMMARY

 

The Members of the Economic Development Power Allocation Board (EDPAB”) are to recommend that the Power Authority’s Trustees (“Trustees”) approve extended benefits for 79 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.  Chapter 217 of the Laws of 2009 included provisions extending the program benefits until May 15, 2010.  An “extender” law was enacted in 2010 modifying the expiration of the program to June 2, 2010.  In August 2010, Chapter 311 of the laws of 2010 included provisions extending the program benefits until May 15, 2011.

 

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 payments (rebates) to the 79 PFJ customers listed in Exhibit “A”.  Collectively, these organizations have agreed to retain more than 79,000 jobs in New York State in exchange for the rebates.  These recommended payments are for rebate periods through May 2010, associated with last year’s extended benefits legislation and prior to the program’s recent extension. All PFJ rebate customers are eligible for payments through the program’s new expiration date of May 15, 2011.

 

RECOMMENDATION

 

It is requested that the Economic Development Power Allocation Board recommend that the Authority Trustees approve the payment of electricity savings reimbursements to the 79 business listed in Exhibits “A”.

 

 Mr. James Pasquale presented the highlights of staff’s recommendations to the Trustees.  In response to a question from Judge Eugene Nicandri, Mr. Pasquale said that despite the expiration of the former Power for Jobs (“PFJ”) program on June 2, 2010, the investor-owned utilities had cooperated with Authority staff to ensure that there were no gaps in service for the PFJ customers.

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:

 

 

Central Hudson Gas & Electric - Service Territory

 

Northeast Solite Corp.

Mount Marion – Ulster County

 

Con Edison - Service Territory

 

A.Stein Meat Products, Inc.

Brooklyn – Kings County

 

American Ballet Theater

New York – New York County

 

Beth Israel Medical Center

New York – New York County

 

Columbia University – Trustees

New York – New York County

 

Diller-Quaile School of Music

New York – New York County

 

Edison Price Lighting, Inc.

New York – New York County

 

Elaine Kaufman Cultural Center

New York – New York County

 

Greater Jamaica Development Corp.

Jamaica – Queens County

 

Home for Contemporary Theater & Art

New York – New York County

 

Lincoln Center for the Performing Arts

New York – New York County

Liz Claiborne, Inc.

New York – New York County

 

Long Island Jewish Medical Center

Manhasset – Nassau County

 

Memorial Sloan-Kettering Cancer Center

New York – New York County

 

Mount Sinai Medical Center

New York – New York County

 

New Museum of Contemporary Art

New York – New York County

 

Norampac New York City, Inc.

Maspeth – Queens County

 

Pepsi Cola Bottling Company

College Point – Queens County

 

The Joyce Theater Foundation, Inc.

New York – New York County

 

The Museum of Modern Art

New York – New York County

 

Verizon

New York – New York County

 

Long Island Power Authority - Service Territory

 

Enzo Clinical Labs, Inc.

Farmingdale – Suffolk County

 

John T. Mather Memorial Hospital

Port Jefferson – Suffolk County

North Shore Health System

Manhasset – Nassau County

 

 

National Grid - Service Territory

 

Albany International Corp.

Albany – Albany County

 

Albany International Corp.

Homer – Cortland County

 

Albany Molecular Research, Inc.

Albany – Albany County

 

AMRI Rensselaer, Inc.

Rensselaer – Rensselaer County

 

Associated Brands, Inc.

Medina – Orleans County

 

Beechnut Nutrition Corp.

Canajoharie – Montgomery County

 

C. R. Bard, Inc.

Queensbury - Warren County

 

Cascades Tissue Group

Waterford - Saratoga County

 

Clarkson University

Potsdam - St. Lawrence County

 

Cooper Hand Tools

Cortland - Cortland County

 

Cooper Industries

Syracuse - Onondaga County

 

CWM Chemical Services, LLC

Model City - Niagara County

 

Diemolding Corporation

Canastota - Madison County

 

Distributor Data Forms, Inc.

Cortland - Cortland County

 

Fiber Glass Industries Inc.

Amsterdam - Montgomery County

 

 

Fitzpatrick & Weller, Inc.

Ellicottville - Cattaraugus County

 

G L & V Sandy Hill Inc.

Hudson Falls - Washington County

 

Gehring Tricot Corp.

Dolgeville - Herkimer County

 

Helmont Mills

St. Johnsville - Montgomery County

 

Interface Solutions, Inc.

Fulton - Oswego County

 

Kilian Manufacturing Corporation

Syracuse - Onondaga County

 

Lewis County General Hospital

Lowville - Lewis County

 

Mayer Bros. Apple Products, Inc.

West Seneca - Erie County

 

Mohawk Paper Mills

Cohoes - Albany County

 

Nathan Littauer Hospital & Nursing Home

Gloversville - Fulton County

 

Paul Bunyan Products, Inc.

Preble - Cortland County

 

PCI Paper Conversions, Inc.

Syracuse - Onondaga County

 

Power Pallet

Schenectady - Schenectady County

 

Precision Systems Mfg., Inc.

Liverpool - Onondaga County

 

Quad Graphics, Inc.

Saratoga Springs - Saratoga County

 

Queensboro Farm Products, Inc.

Canastota - Madison County

 

Robison & Smith, Inc.

Gloversville - Fulton County

 

RSA Solutions Inc.

Amherst - Erie County

 

Schilling Forge, Inc.

Syracuse - Onondaga County

 

Spray Nine Corporation

Johnstown - Fulton County

 

St. Joseph's Hospital Health Center

Syracuse - Onondaga County

 

 

Stone Construction Equipment Inc.

Honeoye - Ontario County

 

Syracuse Label Co., Inc.

Liverpool - Onondaga County

 

Syracuse University

Syracuse - Onondaga County

 

Vicks Lithograph & Printing

Yorkville - Oneida County

 

Welch Allyn Data Collection Inc.

Skaneateles Falls - Onondaga County

 

 

 

New York State Electric & Gas – Service Territory

 

Air-Flo Manufacturing

Prattsburgh - Steuben County

 

Audio Sears

Stamford - Delaware County

 

Boreal Water Collection, Inc.

Kiamesha Lake - Sullivan County

 

BorgWarner Automotive Morse TEC

Ithaca - Tompkins County

 

Corning, Inc.

Corning - Steuben County

 

Egli Machine, Inc.

Sidney - Delaware County

 

Endicott Interconnect Technologies

Endicott - Broome County

 

IEC Electronics Corp.

Newark - Wayne County

 

Kraft Foods – Walton

Walton - Delaware County

 

Norampac Industries

Lancaster - Erie County

 

Vail Ballou Press, Inc.

Binghamton – Broome County

 

 

 

 

Rochester Gas & Electric – Service Territory

 

Flower City Printing, Inc.

Rochester - Monroe County

 

International Business Machines – Rochester

Rochester - Monroe County

XLI Corporation

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 217 of the Laws of 2009; and be it further

 

                RESOLVED, That the Board recommends to the Power Authority of the State of New York the 79 applications for extended benefits recommendations for electricity savings reimbursements discussed herein totaling 81,018 kW for the period through May 15, 2010.


 

 


 

3.                               Motion to Conduct an Executive Session

 

Mr. Chairman, I move that the Authority conduct an Executive Session pursuant to Section 105(1)(d) of the Public Officers Law of the State of New York to discuss matters regarding proposed, pending or current litigation.  On motion made and seconded, an Executive Session was held.

 

 

 

 


 

4.             Motion to Resume Meeting in Open Session

               

Mr. Chairman, I move to resume the meeting in Open Session.  On motion made and seconded, the meeting resumed in Open Session.

 

 


 

5.             Next Meeting

 

                The next meeting of the Board will be held via videoconference on October 25, 2010 at 10:00a.m.