Genesee Valley Agri-Business ParkGenesee Valley Agri-Business Park

Batavia, NYBatavia, NYGenesee CountyGenesee County

Presented by Presented by Steven G HydeSteven G HydePresident/CEOPresident/CEO

Genesee County Economic Development Genesee County Economic Development CenterCenter

One Mill Street, Batavia, NY 14020 – 585.343.4866 – gcedc.com - One Mill Street, Batavia, NY 14020 – 585.343.4866 – gcedc.com - shyde@gcedc.comshyde@gcedc.com

Agenda

4) GCEDC – Who we are4) GCEDC – Who we are4) GCEDC – Who we are4) GCEDC – Who we are

1) Genesee Valley 1) Genesee Valley Agri-BusinessAgri-Business Park Overview Park Overview1) Genesee Valley 1) Genesee Valley Agri-BusinessAgri-Business Park Overview Park Overview

5) Farm 5) Farm Credit of WNYCredit of WNY5) Farm 5) Farm Credit of WNYCredit of WNY

2) Why 2) Why WNY/GeneseeWNY/Genesee County County 2) Why 2) Why WNY/GeneseeWNY/Genesee County County

3) Challenges/Solutitons3) Challenges/Solutitons3) Challenges/Solutitons3) Challenges/Solutitons

Genesee Valley Agri-Business Park

A 200+ Acre “Shovel Ready” Ag ParkA 200+ Acre “Shovel Ready” Ag Park Dedicated to Agri-Business and Food Processing, Sits in Empire ZoneDedicated to Agri-Business and Food Processing, Sits in Empire Zone Largest Park of its type in the USLargest Park of its type in the US

Low Cost Process Water/Treatment Low Cost Process Water/Treatment Sits on Aquifer producing 6 Million Gallons/DaySits on Aquifer producing 6 Million Gallons/Day Pretreatment facility on sitePretreatment facility on site

Confluence of InfrastructureConfluence of Infrastructure Transmission, Sub-Transmission and Distribution ElectricTransmission, Sub-Transmission and Distribution Electric Natural Gas, Sewer, Municipal Water/Sewer at site Spring of 2008Natural Gas, Sewer, Municipal Water/Sewer at site Spring of 2008 Sites near O-AT-KA on State Routes 5 and 63, minutes from I-90Sites near O-AT-KA on State Routes 5 and 63, minutes from I-90 Access to RailAccess to Rail

Proximity to Supply and NE MarketsProximity to Supply and NE Markets sits in “Upstate Milkshed”, 10 Hour drive from 184 Million Peoplesits in “Upstate Milkshed”, 10 Hour drive from 184 Million People 30 Miles to Rochester/Buffalo Airport, 7-8 hours from Port of NY30 Miles to Rochester/Buffalo Airport, 7-8 hours from Port of NY

Financial Incentives AvailableFinancial Incentives Available No State Income or Property Tax for 10 Years (Via Empire Zone)No State Income or Property Tax for 10 Years (Via Empire Zone) Elimination of State Sales Tax and Mortgage TaxElimination of State Sales Tax and Mortgage Tax NYS/ESD Grants, Small Cities Grants, Low Interest LoansNYS/ESD Grants, Small Cities Grants, Low Interest Loans

Genesee Valley Agri-Business Park

O-AT-KA Milk Products

Upstate Milk

Why Genesee County/WNY?

Proximity to SupplyProximity to Supply - New York is the 3- New York is the 3rdrd largest milk producer in the US largest milk producer in the US

- Genesee/Wyoming are the #1 and # 5 producer of milk in - Genesee/Wyoming are the #1 and # 5 producer of milk in NYSNYS

- Located in the heart of the “Upstate Milkshed” - Located in the heart of the “Upstate Milkshed” (produces 23% of (produces 23% of NY Milk)NY Milk)

- Access to several mid-sized farms (1500-3000 cows)- Access to several mid-sized farms (1500-3000 cows)

Proximity to NE MarketsProximity to NE Markets - 184 Million people w/in 500 miles (10 hour drive)- 184 Million people w/in 500 miles (10 hour drive)

- Proximity to NYC and Port of NY (7-8 hour drive)- Proximity to NYC and Port of NY (7-8 hour drive)

- Easy access to Canada- Easy access to Canada

Why Genesee County/WNY?

Why Genesee County/WNY?

WNY is the #1 Food Producing Region in USWNY is the #1 Food Producing Region in US - 5 Top 100 Food Producers located in region- 5 Top 100 Food Producers located in region Constellation Brands (Adult Beverages) Rich Products ( Desserts, Breads & Rolls) Constellation Brands (Adult Beverages) Rich Products ( Desserts, Breads & Rolls) Seneca Foods (Fruits and Vegetables) Birds Eye Foods (Canned & Frozen foods) Lactalis (Sorrento Cheese)Seneca Foods (Fruits and Vegetables) Birds Eye Foods (Canned & Frozen foods) Lactalis (Sorrento Cheese)

- Productive and Trained Work Force (nearly double the national average)- Productive and Trained Work Force (nearly double the national average) - Much of Supply Chain in Place (from packaging to transportation)- Much of Supply Chain in Place (from packaging to transportation)

Affordable Land/Labor Affordable Land/Labor - More affordable land and labor costs compared to major metros- More affordable land and labor costs compared to major metros

Why Genesee County/WNY?

Industry Businesses and Employment:Industry Businesses and Employment: 1200 businesses employing 16,446 regionally1200 businesses employing 16,446 regionally

16%-30% 31%-49% 49% +

Land Percentage Assessed Ag by County

Challenges/Solutions

Challenge:Challenge: Promote Economic Growth While Preserving FarmlandPromote Economic Growth While Preserving Farmland Solution: Solution: Work with Ag Community to develop “Least” Work with Ag Community to develop “Least”

productive landproductive land Locate Businesses in designated “Clustered” AreasLocate Businesses in designated “Clustered” Areas Challenge:Challenge: Secure Funding for Infrastructure for Ag-ParkSecure Funding for Infrastructure for Ag-Park Solution: Solution: Secure Investments from State/County/TownSecure Investments from State/County/TownForm Joint Venture to bridge financingForm Joint Venture to bridge financing

Genesee Valley Agri-Business Park

A Collaborative Effort

A Public/Private Partnership consisting A Public/Private Partnership consisting of the GCEDC and Farm Credit Of WNYof the GCEDC and Farm Credit Of WNY

Both have an equity stake in the parkBoth have an equity stake in the park $3 Million Grant from NYS to provide $3 Million Grant from NYS to provide

phase 1 Infrastructurephase 1 Infrastructure $2.1 Million Funding from Genesee $2.1 Million Funding from Genesee

County w/direct investment from Town County w/direct investment from Town of Bataviaof Batavia

GCEDC/GGLDCWho we are:

Quasi Government Agency designed to Quasi Government Agency designed to Enhance Economic GrowthEnhance Economic Growth

Works at “Speed of Business” to assist Works at “Speed of Business” to assist project implementationproject implementation

Works as Liaison with Government Works as Liaison with Government Entities to speed permitting processEntities to speed permitting process

Offers Several State and Local IncentivesOffers Several State and Local Incentives Offers “Shovel Ready” Industry Specific Offers “Shovel Ready” Industry Specific

ParksParks Offers “One Stop Shopping” via Offers “One Stop Shopping” via

established regional partnersestablished regional partners

Farm Credit of Western New York is a lending Farm Credit of Western New York is a lending cooperative for the Ag Industry, making loans cooperative for the Ag Industry, making loans such as mortgages, seasonal loans and lines such as mortgages, seasonal loans and lines of credit. of credit.

More than $927 Million in AssetsMore than $927 Million in Assets

Equity Stake in Genesee Valley Agri-Business Equity Stake in Genesee Valley Agri-Business ParkPark

Farm Credit: Who We Are

Results:

Installation of Phase 1 infrastructure in Spring Installation of Phase 1 infrastructure in Spring 20082008

Received International and Regional site visits Received International and Regional site visits

Secured Letter of Intent from Canadian Food Secured Letter of Intent from Canadian Food ProcessorProcessor

Applied for Grant to Support Agri-Tourism at the Applied for Grant to Support Agri-Tourism at the ParkPark

THANK YOU!THANK YOU!