Public Hearing – Visual Citi, Inc.

NOTICE OF PUBLIC HEARING

NOTICE is hereby given pursuant to Article 18-A of the General Municipal Law of the State of New York (the “Act”), that the Town of Babylon Industrial Development Agency (the “Agency”), will hold a public hearing on the proposed granting of financial assistance to Visual Citi, Inc., a corporation organized and existing under the laws of the State of New York (on behalf of itself and/or the principals of Visual Citi, Inc. and/or any entity or entities formed on behalf of Visual Citi, Inc. or any of the foregoing (collectively, the “Company”)) and Kiyan Hasan, LLC, a limited liability company organized and existing under the laws of the State of New York, or any other real estate holding entity formed by the principals of the Company (collectively, the “Owner”) with respect to a project (the “Project”) consisting of the renovation, modernizing and equipping of an existing approximately 12,000 square foot interior mezzanine space located at an approximately 142,860 square foot office, warehouse and manufacturing facility located on that certain approximately 6.5 acre lot, piece or parcel of land generally known as 201, 211, 215 and 301 Henry Street in Lindenhurst, New York 11757 (the “Facility”) in the Town of Babylon, New York (the “Town”), all for use by the Company in its business of design, manufacture, distribution and installation of visual displays.

Pursuant to applicable State Law, the Agency proposes to grant certain financial assistance with respect to the Facility including certain exemptions from New York State and local sales and use taxes and an abatement from real property taxes on the Facility as shall be determined by the Agency.  Pursuant to the Act, the Facility, which is owned by the Owner, will be leased to the Agency, shall be further leased to the Owner and, shall be further subleased by the Owner to the Company, and operated by the Company.

Company:  Visual Citi, Inc., 201, 211, 215 and 301 Henry Street, Lindenhurst, New York 11757

Owner:  Kiyan Hasan, LLC, 201, 211, 215 and 301 Henry Street, Lindenhurst, New York 11757

Facility Location is: 201, 211, 215 and 301 Henry Street, Lindenhurst, New York 11757

Public Hearing:  All persons, organizations, corporations or governmental agencies are invited to submit comments concerning the granting of financial assistance. The hearing will be held on January 24, 2024 at 8:00 A.M. at the Town Hall 200 Sunrise Hwy in Lindenhurst, NY 11757.

Project Application:  The Project Application together with a costs benefit analysis with respect to the Facility shall be available for inspection by the public at the office of the Agency at the above specified address during the regular business hours of the Agency. For those members of the public desiring to review project applications and cost benefit analyses before the date of the hearing, copies of these materials will be made available at https://babylonida.org/documents. Click on the search bar and enter into the search bar “Visual Citi, Inc.” and you will find the application for “Visual Citi, Inc.” for the year 2024. Be advised that it is possible that certain of the aforementioned proposed transactions may be removed from the hearing agenda prior to the hearing date. Information regarding such removals will be available on the Agency’s website www.babylonida.org/news-events at on or about 12:00 P.M. of the day prior the hearing.

Participation at the Hearing:  Persons desiring to submit comments concerning the Facility and the financial assistance to be granted thereto should contact the Town of Babylon Industrial Development Agency, 47 West Main Street, Babylon, New York Attention: Thomas E. Dolan, Chief Executive Officer, at (631) 587-3679 on or before January 24, 2024 at the office of the Agency.  Written comments can be submitted prior to the hearing at that address.  The Agency reserves the right to limit the time available to any person presenting comments. If you do not want to participate in the hearing, but would like to watch or listen to the proceeding, you may view a livestream of the meeting.  Interested parties may view a livestream of the meeting online on the Town of Babylon IDA’s YouTube channel.  To access the YouTube channel go to the IDA’s website at www.babylonida.org/documents. The second item under the heading titled “Documents”, click this tab and follow the link provided. If you would like to access the IDA YouTube page directly from your browser you may insert the following World Wide Web address:

(https://www.youtube.com/channel/UCqq5ixdV_-nmsmvSOsD4KnA?view_as=subscriber)