Jamestown Local Development Corporation meeting (April 19, 2023)

Over a half million dollars in American Rescue Plan funded grants have been approved for eight Jamestown businesses.

The Jamestown Local Development Corporation awarded $500,000 in Machinery and Equipment Upgrades funds as well as $50,000 in New Business Development funds at its monthly meeting.

Ballgame Heroes and Pearl City Cycle will each receive $25,000 under the New Business Development grant fund.

Jamestown Businesses Receiving ARP New Business Development Grant Funds

Department of Development Grant Manager Tim O’Dell said Pearl City Cycle is opening a retail store at 245 Fluvanna Avenue and will use the funds for store signage as well as painting the interior and exterior. He said Ballgame Heroes will use the funds for updating security systems, new displays inside, as well as for store programming and events.

The five businesses receiving $92,000 each in Machinery and Equipment Upgrade grant funds include:
– Colecraft Commercial Furnishings toward a $361,792 total project
– Dawson Metal Company toward a $134,900 total project
– El Greco Woodworking, Inc. toward a $143,952 total project
– International Ordnance Technologies toward a $226,600 total project
– National Wire & Metal Tech Inc. toward a $320,000 total project

Crown Street Roasting was awarded $37,500 for a $50,000 project

Jamestown Businesses Receiving ARP Machinery & Equipment Upgrades Grant Funds

O’Dell said 29 full time and three part time jobs are to be created and 163 full time and five part job positions retained through the funding.

The Machinery and Equipment Upgrades grant has a 25% match requirement for the businesses as well as job creation benchmarks that must be met or funds could be clawed back.

Director of Development Crystal Surdyk said the department reached out to 18 businesses about applying for the Machinery and Equipment Upgrades grant. Included in that list was Jamestown Skate Products, which is owned by JLDC Board member Pete Scheira. Scheira did not submit an application for funding.

Jamestown Businesses Contacted About ARP Machinery and Equipment Upgrades Grant

Surdyk said, when asked why these specific businesses were contacted, said they were businesses that had made past inquiries and expressed interest in grant opportunities.

JLDC Board member and City Council member Kim Ecklund expressed concern that when the grant applications were being accepted in January, businesses had already developed their budgets for the year and might not have had the 25% capital match budgeted that’s required. She added she’d still like to see more and different businesses participate in the grant programs.

While the discussion and decision regarding the ARPA grants awarded to Jamestown Skate Products and It’s Your Day was removed from the agenda, JLDC Attorney and City Corporation Counsel Elliot Raimondo did share that the city was still waiting to hear back from the U.S. Treasury Department, “I spoke to the Congressional representative today on that issue. The Treasury Department has, for lack of a better term, bounced him from person to person to person. So, we’re still waiting on what is the status of state and local fiscal recovery fund guidance, specifically what they mean by violations of ethical rules.”

WRFA has reviewed the federal guidelines for the $28 million in ARPA funding awarded to the city in 2021 and did identify a provision that states “Recipients may not use [the money] in violation of the conflict-of-interest requirements contained in the Award Terms and Conditions, including any self-dealing or violation of ethics rules.”

We also have reached out to the Treasury Department office for clarification to see if any of the grants in question violated the “self dealing” provision found in those guidelines, but have yet to receive a response.

The JLDC also approved $5,100 in Downtown Programming funds for the Juneteenth Festival to hold a free concert event on the Wintergarden Plaza on Friday, June 16 as well as concert at Spire Theatre on Saturday, June 17. These concert events will be in addition to traditional festivities held in Jackson-Taylor Park in celebration of Juneteenth.

Jamestown City Council

The seven resolutions under new business had been approved by the Jamestown Local Development Corporation, but as all the requests were over $100,000, City Council also must give their approval.

The businesses seeking capital improvements grants from the program include:
– El Greco $198,363
– Dawson Metal $198,363
– Artone LLC $192,794
– International Ordnance $198,363
– National Wire and Metal Technology Incorporated $198,363
– Colecraft Commercial Furnishings $198,363
– and Shawbucks $198,363

Council also will vote under new business on adding $500,000 of American Rescue Plan funds to the Senior Citizen Home Improvement Incentive Program. Mayor Eddie Sundquist had said there had been over $1.8 million in requests for the senior citizen program, which had initially been funded with $500,000 of ARPA funds.

Another item under new business is a resolution to spend $8,000 out of contingency for building roof maintenance at the Fenton History Center.

City Council will hear budget presentations from the Clerk and Treasurer’s Office, Finance, Assessor’s, and Corporation Counsel at a work session scheduled for 6:30 p.m. in the fourth floor Police Training Room.

The voting session will take place at 7:30 p.m. in the second floor Council Chambers. The meetings are open to the public and will be livestreamed on jamestownny.gov.

Chautauqua County Industrial Development Agency Board Meeting (April 26, 2022)

The Chautauqua County Industrial Development Agency board has approved a loan request to the company buying the former Welch’s Building in Westfield.

2 Portage LLC requested a $475,000 loan for the real estate acquisition. The Al Tech Revolving Loan fund loan has terms of 20 years at 4% interest. The project will be an adaptive reuse of the building with the total project cost of $11.5 million.

The IDA also approved a $90,000 loan to International Ordnance Technologies. The loan goes toward the repair a heat-treat furnace which had broken down. IOT manufactures machine gun links. The Jamestown Local Development Corporation approved a $90-thousand dollar loan for the same project at its meeting earlier this month.

A number of EDA (Economic Development Administration) CARES Act loan were approved by the IDA with the loans being used for working capital.

The businesses that had loan requests approved include:
– $41,000 for Merritt Estate Winery to buy juice to make wine for this season
– $125,000 for Artone Manufacturing LLC to assist with hiring and bringing on new employees
– $100,000 for Heritage Ministries to help with costs related to COVID test purchases and new equipment
– and $100,000 for Labyrinth Press Company to be used for hiring and training new employees.

IDA CEO Mark Geise informed the IDA board that in-person meetings will resume in May with meetings still being available over livestream on the IDA’s YouTube Page.

He also announced that in honor of the CCIDA’s 50th Anniversary that the IDA has bought out Diethrick Stadium for the June 30th Tarp Skunks‘ baseball game.

Top – International Ordnance Technologies President and Owner Tammy Snyder presents to Jamestown Local Development Corporation.
Bottom – Whirly Bird Festival Organizer Miki Girts presents to JLDC

The Jamestown Local Development Corporation heard downtown programming funding requests for Whirlybird Festival and a loan request from International Ordnance Technologies at its monthly meeting Wednesday.

IOT Owner and President Tammy Snyder presented her request of a $90,000 loan to repair a heat-treat furnace which had broken down. IOT manufactures machine gun links.

City Economic Development Coordinator Stephanie Wright said with the furnace being operational, it will allow IOT to close on a multi-million dollar contract with a nationally recognized company, “To produce a much needed link. And IOT will be equipped to pursue a product line with two other nationally recognized companies. And these new contracts will create at least seven new positions, high quality, high paying jobs, full-time jobs at IOT.”

IOT currently employs 35 people at its facility on Harrison Street. The loan is for 7 years at a rate of 4%. IOT has also requested $90,000 from the Chautauqua County Industrial Development Agency.

Whirlybird Festival Organizer Miki Girts requested $38,700 in funding with $12,500 of that being an upfront loan for an actual grant request of $26,200.

He said the money would help fund four days of free entertainment downtown that includes live music, live art demonstrations, comedy, and art vendors. The event will take place at the Wintergarden Plaza on North Main Street as well as several indoor locations from August 10 through 13. Around 35 acts are currently scheduled for the festival.

No action was taken at the meeting on either request as there was not a quorum. Jamestown Director of Development Crystal Surdyk anticipated that the board would take action by Friday, April 22.

On Sept. 9 local, state and federal officials announced $10.5 million in federal funding to assist businesses in Chautauqua County during the COVID-19 pandemic. From left to right – Assemblyman Andrew Goodell; Joel Frushone, EDA Director – Office of External Affairs; Anthony Foti, Intergovernmental Affairs Director – U.S. Department of Commerce; Richard Dixon, CFO – County of Chautauqua Industrial Development Agency; Congressman Tom Reed; Senator George Borrello; County Executive Paul Wendel; Mayor Wilfred Rosas; Crystal Surdyk, Interim Director of Development for the City of Jamestown; Michael Metzger, Chairman of the Board for the CCIDA and VP for Finance and Administration at SUNY Fredonia.

JAMESTOWN – The Chautauqua County Industrial Development Agency has allocated more than half of the federal CARES Act money it recently received to assist businesses throughout the county during the COVID-19 pandemic.

In September, The U.S. Economic Development Administration (EDA) announced the county IDA was selected to receive a $10.5 million grant to establish a new, low-interest Revolving Loan Fund (RLF). Both businesses and non-profit organizations are allowed to apply for the funding as a means to respond to economic injury resulting from the COVID-19 pandemic.

As currently established, the new RLF provides loans of no less than $25,000 and not to exceed $1 Million, and working capital loans of up to $250,000, with an interest rate of 2.44% (the lowest allowed).

The first round of funding – totaling more than $5.7 million, was awarded during the Tuesday IDA board meeting – going to 28 businesses and non-profit entities.

Of the 28 loan approvals, six of them covered more than half the total amount being borrowed:

• $700,000 to SKB Auto Sales (Fredonia)
• $646,650 to Big Inlet Brewing (Mayville)
• $500,000 to Cockaigne Resort (Cherry Creek)
• $494,460 to Artone (Jamestown)
• $375,000 to Heritage Ministries (Gerry)
• $375,000 to Advanced Production Group (Dunkirk)

The remaining loans were as follows:

• $322,000 to Luscombe Aircraft Corporation (Jamestown)
• $250,000 to La Quinta/ Holiday Inn Express/ Hampton Inn (Jamestown)
• $227,000 to Pace’s Pizzeria (Jamestown)
• $200,000 to Webb’s Candies, Inc./ Webb’s Motel Inc. (Mayville)
• $182,183 to Kimbert Manufacturing dba Barton Tool Inc. (Falconer)
• $125,000 to Ark Wholesale, LLC (Fredonia)
• $125,000 to Brigiottas Farmland Produce & Garden Center Inc. (Jamestown)
• $125,000 to Corvus Bus & Charter, Inc. (Falconer)
• $125,000 to Excelco/Newbrook, Inc. (Silver Creek)
• $125,000 to Falconer Hotel, LLC (Falconer)
• $125,000 to International Ordnance Technologies (Jamestown)
• $125,000 to Pucci Carpet One Furniture & Bedding, Inc. (Fredonia)
• $115,000 to Shawbucks, Inc. (Jamestown)
• $125,000 to Webb’s Harbor Restaurant and Bowling Lanes, Inc. (Mayville)
• $87,500 to Bilicki Law Firm, PC (Jamestown)
• $85,000 to Skate Shop (Jamestown)
• $75,000 to The Original Crunch Roll Factory, LLC (Westfield)
• $41,000 to Merritt Estate Winery, Inc. (Forestville)
• $35,000 to Ivory Acres Weddings LLC (Frewsburg)
• $25,000 to Uhl Ventures LLC dba Servpro of Jamestown/Olean (Jamestown)

IDA Director Mark Geise reminds businesses that the application and program details are still currently available, and urges anyone interested in applying to contact the CCIDA office at 661-8900.