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Columbia County Development Corporation Public Hearing
Mar 09, 2012: 2pm- 11:59 pm
Hudson City Hall
520 Warren St. | Hudson, NY | 518-828-1030
http://cityofhudson.org/content
a public hearing pursuant to Section 859-a(2) of the General Municipal Law of the State of New York (the “Act”) will be held by Columbia County Industrial Development Agency (the “Agency”) on the 9th day of March, 2012 at 2:00 o’clock p.m., local time, at City Hall located at 520 Warren Street in City of Hudson, Columbia County, New York in connection with the following matters:
Premier Equities LLC, a New York limited liability company (the “Company”), has presented an application (the “Application”) to the Agency, a copy of which Application is on file at the office of the Agency, requesting that the Agency consider undertaking a project (the “Project”) for the benefit of the Company, said Project consisting of the following: (A) (1) the acquisition of an interest in an approximately 8.5 acre parcel or parcels of land located at 128 North Second Street (tax map nos. 110.5-1-12 and 110.5-1-13) in the City of Hudson, Columbia County, New York (the “Land”), together with an approximately 70,000 square foot building located thereon (the “Facility”), (2) the renovation of the Facility and (3) the acquisition and installation therein and thereon of certain machinery and equipment (the “Equipment”), all of the foregoing to be leased by the Company to and operated by Premier Personal Products Corp. and Premier Brands of America Inc. (collectively, the “Tenants”) to manufacture, warehouse and distribute health and beauty products (the Land, the Facility and the Equipment being collectively referred to as the “Project Facility”); (B) the granting of certain “financial assistance” (within the meaning of Section 854(14) of the Act) with respect to the foregoing, including potential exemptions from certain sales and use taxes, real property taxes, real estate transfer taxes and mortgage recording taxes (collectively, the “Financial Assistance”); and (C) the lease (with an obligation to purchase) or sale of the Project Facility to the Company or such other person as may be designated by the Company and agreed upon by the Agency.

