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Genesee Valley Agri-Business Park Batavia, NY Genesee County

Genesee Valley Agri-Business Park Batavia, NY Genesee County. Presented by Steven G Hyde President/CEO Genesee County Economic Development Center. One Mill Street, Batavia, NY 14020 – 585.343.4866 – gcedc.com - shyde@gcedc.com. Agenda. 1) Genesee Valley Agri-Business Park Overview.

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Genesee Valley Agri-Business Park Batavia, NY Genesee County

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  1. Genesee Valley Agri-Business ParkBatavia, NYGenesee County Presented by Steven G Hyde President/CEO Genesee County Economic Development Center One Mill Street, Batavia, NY 14020 – 585.343.4866 – gcedc.com - shyde@gcedc.com

  2. Agenda 1) Genesee Valley Agri-Business Park Overview 2) Why WNY/Genesee County 3) Challenges/Solutitons 4) GCEDC – Who we are 5) Farm Credit of WNY

  3. Genesee Valley Agri-Business Park • A 200+ Acre “Shovel Ready” Ag Park Dedicated to Agri-Business and Food Processing, Sits in Empire Zone Largest Park of its type in the US • Low Cost Process Water/Treatment Sits on Aquifer producing 6 Million Gallons/Day Pretreatment facility on site • Confluence of Infrastructure Transmission, Sub-Transmission and Distribution Electric Natural Gas, Sewer, Municipal Water/Sewer at site Spring of 2008 Sites near O-AT-KA on State Routes 5 and 63, minutes from I-90 Access to Rail • Proximity to Supply and NE Markets sits in “Upstate Milkshed”, 10 Hour drive from 184 Million People 30 Miles to Rochester/Buffalo Airport, 7-8 hours from Port of NY • Financial Incentives Available No State Income or Property Tax for 10 Years (Via Empire Zone) Elimination of State Sales Tax and Mortgage Tax NYS/ESD Grants, Small Cities Grants, Low Interest Loans

  4. Genesee Valley Agri-Business Park O-AT-KA Milk Products Upstate Milk

  5. Why Genesee County/WNY? • Proximity to Supply - New York is the 3rd largest milk producer in the US - Genesee/Wyoming are the #1 and # 5 producer of milk in NYS - Located in the heart of the “Upstate Milkshed” (produces 23% of NY Milk) - Access to several mid-sized farms (1500-3000 cows) • Proximity to NE Markets - 184 Million people w/in 500 miles (10 hour drive) - Proximity to NYC and Port of NY (7-8 hour drive) - Easy access to Canada

  6. Why Genesee County/WNY?

  7. Why Genesee County/WNY? • WNY is the #1 Food Producing Region in US - 5 Top 100 Food Producers located in region Constellation Brands (Adult Beverages) Rich Products ( Desserts, Breads & Rolls) Seneca Foods (Fruits and Vegetables) Birds Eye Foods (Canned & Frozen foods) Lactalis (Sorrento Cheese) - Productive and Trained Work Force (nearly double the national average) - Much of Supply Chain in Place (from packaging to transportation) • Affordable Land/Labor - More affordable land and labor costs compared to major metros

  8. Why Genesee County/WNY? • Industry Businesses and Employment: • 1200 businesses employing 16,446 regionally

  9. Land Percentage Assessed Ag by County 16%-30% 31%-49% 49% +

  10. Challenges/Solutions • Challenge: Promote Economic Growth While Preserving Farmland • Solution: Work with Ag Community to develop “Least” productive land Locate Businesses in designated “Clustered” Areas • Challenge: Secure Funding for Infrastructure for Ag-Park • Solution: Secure Investments from State/County/Town Form Joint Venture to bridge financing

  11. Genesee Valley Agri-Business ParkA Collaborative Effort • A Public/Private Partnership consisting of the GCEDC and Farm Credit Of WNY • Both have an equity stake in the park • $3 Million Grant from NYS to provide phase 1 Infrastructure • $2.1 Million Funding from Genesee County w/direct investment from Town of Batavia

  12. GCEDC/GGLDCWho we are: • Quasi Government Agency designed to Enhance Economic Growth • Works at “Speed of Business” to assist project implementation • Works as Liaison with Government Entities to speed permitting process • Offers Several State and Local Incentives • Offers “Shovel Ready” Industry Specific Parks • Offers “One Stop Shopping” via established regional partners

  13. Farm Credit: Who We Are • Farm Credit of Western New York is a lending cooperative for the Ag Industry, making loans such as mortgages, seasonal loans and lines of credit. • More than $927 Million in Assets • Equity Stake in Genesee Valley Agri-Business Park

  14. Results: • Installation of Phase 1 infrastructure in Spring 2008 • Received International and Regional site visits • Secured Letter of Intent from Canadian Food Processor • Applied for Grant to Support Agri-Tourism at the Park

  15. THANK YOU!

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