Gateway Public Infrastructure District public meetings in 2025
3 substantive meetings from 2025, with official agendas or minutes and plain-English summaries.
Gateway Public Infrastructure District Board of Trustees
The Gateway Public Infrastructure District No. 1 Board of Trustees is meeting to discuss the structure of Series 2025 tax increment revenue bonds. The board will also consider several professional service agreements for financial and placement services.
- Resolution 2025-08 regarding Tax Increment Revenue Bonds, Series 2025
- Crews & Associates Agreement
- Placement Agent Engagement Letter
- Financial Forecast Agreement with CLA
- Approval of May 30, 2025 meeting minutes
Gateway Public Infrastructure District Board of Trustees
The Gateway Public Infrastructure District Board of Trustees will hold a public hearing to receive input on the issuance of Tax Increment Revenue Convertible Capital Appreciation Bonds, Series 2025. The board is seeking feedback on the bond issuance and the potential economic impact of the project being financed.
- Proposed issuance of bonds in a combined aggregate principal amount of up to $8,600,000
- Estimated total principal and interest cost of approximately $12,610,000
- Bonds to be paid from property tax increment and sales tax increment pledged by Syracuse City Redevelopment Agency
- Bond maturity period of not more than 31 years
- Interest rates not to exceed 12% per annum
Gateway Public Infrastructure District Board of Trustees
The Gateway Public Infrastructure District Board of Trustees will hold a special meeting to vote on several action items, including authorizing the issuance of up to $8.6 million in tax increment revenue bonds, approving an infrastructure acquisition and reimbursement agreement with a developer, and approving administrative funding and tax sharing agreements.
- Consider Resolution 2025-07 authorizing up to $8,600,000 in Tax Increment Revenue Convertible Capital Appreciation Bonds, Series 2025
- Consider approval of an Infrastructure Acquisition and Reimbursement Agreement between the District and Developer
- Consider approval of an Administrative Funding and Reimbursement Agreement between the District and Developer
- Consider approval of a Tax Sharing Agreement
- Consider approval of Accounting Services