What’s Inside…cloud.chambermaster.com/userfiles/UserFiles... · media community. Companies were evaluated on hiring practices, benefits packages, salaries, office perks, workplace

T H E C H A M B E R Connection

DEC

EMB

ER 2

01

4

What’s Inside…

From the President Page 2 Chamber Window Displays

New Members Page 3 Driver Improvement Course 2014-2015 YEA Class

Mr./Mrs./Ms. Canandaigua Page 4 Ribbon Cuttings

Breakfast & Business Page 5 Member News Light Up Canandaigua

Mixer Invite Page 6 Economic Development News Photo Contest

Member Renewals Page 7 Anniversary Members Upcoming Chamber Events

Inserts Pages 8 - 12

Chamber Meetings Page 13 Picture Find

QUICK LINKS:

http://www.insurecig.com/

[email protected]

2| P a g e

CHAMBER CONNECTION

M e s s a g e F r o m t h e P r e s i d e n t …

Over the past few months there have been a lot of questions as to when the North Shore Canandaigua project would begin. In mid-November, Tim Poley of Blue Tie Consulting and a part of the project consulting team wrote the following editorial about the project.

Are we there yet? Why the North Shore financing is taking so long.

The most ubiquitous, dreaded and frustrating question your kids can ask while setting out on that long planned vacation is, “Are we there yet?” The same is true for developers of large and complex projects when asked, “Why is the financing taking so long?”

The following factors each contribute to the complexity of the transaction:

1) The project is unique to the region and there are no real comparable projects, which a lender needs for comparison as part of their due diligence in authorizing the financing. This type of project requires an extended search for projects with similar characteristics, which then need to be evaluated in terms of the economics of our region. This process is difficult, complicated and requires additional time.

2) The extraordinary intricacies of a project like this require an extended appraisal process due to a complicated funding structure, which includes multiple lending institutions and entities, brownfield tax credits, acquisition of ten parcels and re-subdividing them, creating new ownership and operating agreements among the project partners, and no local or regionally comparable projects.

3) The sources of funding for this project are many and varied, resulting in an extended review and approval process as each component is evaluated on its impact on the other sources of funding. The sources of funding and vehicles required for this Phase 1 loan include:

a. Equity capital from the developers.

b. Equity capital from private investors.

c. Brownfield tax credit equity.

d. Loans from the local development corporation funded by both charitable trusts and direct contributions of private individuals.

e. New York State funding sources for project infrastructure (these are upfront costs paid by the developer that are eligible for reimbursement).

f. PILOT Increment Financing (PIF), which is funding the unusually high cost of building foundations. This lending needs to be superior to all other sources to protect the affected tax jurisdictions and PIF lender. This is a necessary requirement, but can be somewhat problematic.

g. The commercial construction mortgage with a permanent loan take-out after construction.

h. An intercreditor agreement, which outlines the rights and obligations of each debt funding source, needs to be negotiated.

4) Most commercial mortgages may have two to three of the above variables, but when compounded with the labyrinthine array of requirements in this situation, leads to a protracted lending process.

5) Additionally, due to the recent volatile interest rate market, the sheer volume of loans being underwritten has increased almost exponentially recently and this, coupled with the normal seasonality of loan volume increasing in the last 12 weeks of the year, contributes further to the potential for underwriting delays.

The financing for Phase 1 will provide a solid foundation for the project as a whole and the next stages of the project will be easier to finance based on the extensive analyses required for Phase 1.

Kids, we are almost there and it will be great when we finally arrive!

The Chamber will be hosting a Breakfast & Business on Friday, December 19th

with Tim Poley & Bill Goodrich of Morgan LeChase who will provide an update on the status of North Shore Canandaigua. More details are in this edition of the Chamber Connection. I hope you will join us on December 19

th!

I wish you all a happy and healthy holiday season!

BOARD OF DIRECTORS Chairperson

Randy Farnsworth -- Randall Farnsworth Auto Group

1st Vice Chair Jodee Case Rizzo

2nd Vice Chair Paul Griswold -- Finger Lakes Technologies

Group, Inc.

Treasurer Tom Walter --Bonn Dioguardi & Ray, LLP

Immediate Past Chairperson Floyd Rayburn --F. G. Rayburn

Mason Contractors, Inc.

BOARD Drew Broderick Bristol Mountain Resort

Chris Burns The Inn on the Lake

Donald Cheney Cheney & Blair, LLP

Richard Cutri Just Right Carbines

Lynne Erdle Canandaigua City School District

Christopher Hubler CIG Insurance Agency

Lauren Kolb Genesee Valley Trust Company

Kurt Koczent Thompson Health

Peter Lijewski Constellation Brands

Joseph Nairn Finger Lakes Community College

Salvatore Pitti The Pitti Group Wealth Advisors at Morgan Stanley

Kim Riccio Leonard’s Express, Inc.

CHAMBER STAFF

Alison Grems - ext. 206 President/CEO

Thomas Lyon - ext. 208 Economic Development Specialist

Kelly Rotter - ext. 205 Administrative Assistant

Becky Simmons - ext. 202 Director of Membership & Visitor Services

Elisha Snow - ext. 203 Manager of Communications & Events

Marty Jones- Wallace YEA! Program Manager

Canandaigua Chamber of Commerce 113 South Main St.,

Canandaigua, NY 14424 Phone: (585) 394-4400 Fax: (585) 394-4546

Website: www.CanandaiguaChamber.com Email: [email protected]

This Month’s Chamber Window Displays

Vineyards Discount Wine & Spirits, Inc.

◊◊◊

Reliant Community Credit Union

◊◊◊

Genesee Media Corp. The Team 1310

To reserve a free Main St. window for your business call

585-394-4400, ext. 205.

Sincerely,

Alison Grems, IOM President/CEO

3| P a g e

CHAMBER CONNECTION

CHAMBER CONNECTION

Register today at the Chamber: 585-394-4400, ext. 205.

Crane Analytics 4946 Wyffels Road, Canandaigua

Phone: (585) 943-5076 Strategic business advisory and risk mitigation for corporate development and government relations.

Business advocate for regulations and licensing requirements, working on your behalf with local, state

and federal officials.

Vision Kia of Canandaigua 2445 Rochester Road, Canandaigua

Phone: (585) 394-4542

Web: www.visionautogroup.com Vision Kia of Canandaigua has been in business for 7 years and is a leader in Kia sales and service. We also

carry over 100 pre-owned vehicles to choose from.

Vision Nissan of Canandaigua 2375 Rochester Road, Canandaigua

Phone: (585) 393-0042 Web: www.visionautogroup.com

Vision Nissan of Canandaigua is the newest addition to the Vision Canandaigua family. We have been in business since July 2014 and currently employ 13

people. We sell and service new Nissans and have over 100 pre-owned vehicles to choose from. We will be

breaking ground on a new 17,000 sq ft state-of-the-art Nissan dealership right next to our

current facility on Rte. 332.

Raymour & Flanigan Raymour & Flanigan Plaza,

4402 State Rts. 5 & 20, Suite 110, Canandaigua Phone: (585) 394-7410

Web: www.raymourflanigan.com

Discover our Canandaigua, NY showroom located at 4402 State Routes 5 & 20, Suite 110 for all your home furnishing

needs! Come peruse our furniture collection including quality bedrooms, mattresses and living room furniture, as well as

our stylish home décor and area rugs selection.

Growmark FS 2940 Telephone Road, Caledonia

Phone: (585) 590-2769

Web: www.growmarkfs.com Agronomy & Propane sales.

Shine On Cleaning Services 360 South Main Street, Canandaigua

Phone: (585) 905-8075 Web: www.shineonny.com

Commercial cleaning services. Shine On Cleaning Services offers weekly, bi-weekly, and monthly cleaning

services to customers in Canandaigua, NY and the surrounding areas. We are known for our excellent customer

service, unmatched attention to detail, and work hard to ensure your complete satisfaction every time.

Introducing our 2014-2015 Young Entrepreneur Academy class -- nine students from Canandaigua, Naples and Victor ranging from 7th grade through 10th grade. Instructors Michele Albrecht and Floyd Rayburn, and YEA! program manager Marty Wallace, will be leading the group through the program until graduation in May.

Mark your calendars for the CEO Panel on February 26th in room 216 at Finger Lakes Community College from 5:30-7pm and the Investor Panel on April 15th in the FLCC auditorium from 6-8pm, where many community business leaders will be involved. The students look forward to seeing you there!

We are continuing to seek sponsorships for this great program. E-mail Marty at [email protected] to sponsor $500 or $1000.

2014-2015

4| P a g e

CHAMBER CONNECTION

CHAMBER CONNECTION

and menu samples while meeting with

owner, Peter Fabbio, his staff, and chef.

Ralph Sheridan Golf Classic 2011

CHAMBER CONNECTION

RIBBON CUTTINGS

On November 6th the Chamber held

a ribbon cutting at Nick’s Chophouse, located at 5

Beeman Street. Guests enjoyed specialty martini

5| P a g e

CHAMBER CONNECTION

Join us for a Breakfast & Business event on December 19th to hear an update on

North Shore Canandaigua. William H. Goodrich, partner with Morgan-LeChase Development, alongside Timothy H. Poley of Blue Horizon Strategies Inc., will be discussing the 21-acre, mixed-use lakefront project adjacent to Kershaw Park on Canandaigua’s beautiful north shore.

Morgan-LeChase is responsible for the development plans for this prominent lakeshore property, which will offer residential, retail and commercial space with opportunities for residents to shop, live, dine and enjoy the unique characteristics of Canandaigua Lake.

The Breakfast & Business will take place at the New York Wine and Culinary Center on Friday, December 19 at 7:30-9:00 a.m. as our presenters provide you with key project milestones accomplished to date and the next steps of this exciting project.

You must RSVP your attendance to the Chamber at 585-394-4400, to [email protected], or on-line at www.canandaiguachamber.com by Monday, December 15th. Cancellations received after this date will be invoiced. The cost to attend is $15.00 which includes a continental breakfast.

MEMBER NEWS

Dixon Schwabl Ranked

On National List Dixon Schwabl Inc., a marketing communications firm located in Victor, NY, made the top 10 on the list of 40 Best Places to Work in Advertising & Media by Advertising Age. Dixon Schwabl ranked fifth out of the top ten. The agencies were selected out of a pool of hundreds nationwide. Roughly 20,000 people were surveyed, officials said. said.

Advertising Age is an international leader in news, analysis and intelligence for the marketing and media community. Companies were evaluated on hiring practices, benefits packages, salaries, office perks, workplace environment and design. Any agency, ad tech or media company with more than 40 full-time employees in the United States was eligible.

Expansion at City Mini Storage!

City Mini Storage just completed construction of two new buildings totaling 45 self-storage units, bringing their total to over 675 units

with sizes ranging from 5X10 to 10X30. City Mini also has 90 outdoor storage spaces for cars, boats, RVs, trailers, and more. In the spring of 2015, City Mini will be offering climate (temperature) controlled storage spaces, pending City approvals.

Congratulations FLTG! Finger Lakes Technologies Group was selected for the Innovation

in Business Transformation Award from global leader in

access innovation, Calix. Paul

and Brenden Griswold pose with the Award, presented in Las

Vegas. (below)

6| P a g e

CHAMBER CONNECTION

CHAMBER CONNECTION

CHAMBER CONNECTION

November marked the second year of the partnership between the Chamber and the City of Canandaigua. With 2015 just around the corner, now seems like a great time to reflect on the Chamber of Commerce Economic Development program.

This past year Business Retention and Expansion was a primary goal for the Chamber. Thomas has been on a mission to meet with at minimum of 3 businesses a week, with a few weeks to go, Thomas is very close to reaching this goal. From the Chamber’s BR&E efforts there have been new opportunities to help businesses in the City succeed. Help has ranged from answering general questions up to working with a local manufacturer to retain 120 jobs in the City and add 35-50 more jobs following an expansion of their facility.

The Chamber continued to shepherd new businesses through the process of opening in the Canandaigua area. While not all projects have been brought to a successful conclusion, largely due to lack of shovel ready or turn-key space; the Chamber has been successful at helping new business locate or expand within the City. Currently the Chamber maintains 23 active projects, and has brought 14 to a successful conclusion.

From a property development stand point, many underutilized parcels are beginning to see new life. From north to south, the former Meridian Automotive facility is under contract for redevelopment, including environmental and wetland remediation; the former Labelon facility is having asbestos abated as the first step in future cleanup and redevelopment into retail and housing, 38 acres just off of Ontario street has been placed under contract by an undisclosed local business, the former Kinney Drugs is being converted to medical offices, the former carwash on Parrish St. is being converted into a restaurant, and the North Shore Development has received planning approval for phase 1 of their multi-year transformative project.

With so many businesses doing well this year, and so many opportunities on the horizon, 2014 can truly be seen as a success for Canandaigua. If you have any questions, or would like to talk to someone about business improvement, please feel free to call Thomas Lyon, Economic Development Specialist at [email protected] or 585-394-4400 x208.

Rockcastle Florist welcomes you to join

them for their mixer to network and meet

local businesses! The event will be catered

by Cafe Sol, and wine provided by Ryan's

Wine & Spirits. Attendees will enter a

drawing for two $50 gift certificates to the

store and Wick-edly Sent Soap and Candle

Company is raffling off a basket too!

3 chances to win!

RSVP at least 5 days before event online

or call 585-394-4400. $5 at the door. Bring your business cards!

“The Chosen Shot” Canandaigua

Chamber Member Photo Contest

The Canandaigua Chamber of Commerce is inviting members

to participate in a photo contest called “The Chosen Shot”.

Whether you take the occasional picture or are an avid photo

enthusiast, we welcome the chance to view your pictures and

use them as we promote the beauty and bounty of our

community. All winners will receive photo credit and a

printing of their submission(s) to the four categories listed

below. Please join in on the fun… it’s worth a “shot.”

Guidelines:

Participants must be Canandaigua Chamber Members

Photos should highlight a Canandaigua experience; a creative photo of a local business, attraction, community

or the scenic beauty of the Canandaigua area.

All photos must be original and the property of the entrant.

All entries must be of a “print quality” size (minimally 2500×1875

pixels or similar size). Entrants are limited to submitting no more than 5 (five) photos. Send us your favorites!

Entrants will retain copyright in the photographs that they submit to the

Canandaigua Chamber of Commerce. All entrants grant the Canandaigua

Chamber of Commerce the right to publish and exhibit their image entries on the Chamber web page, facebook and other promotional media, including but

not limited to the Community Guide and Business Directory and the Visitor’s

Guide and Map, the right to distribute photo entries to members of the media and member businesses for promotional purposes.

The deadline to enter is December 31, 2014.

First prize in each category will be the printing of your

winning photo in the January 2015 edition of the Chamber

Connection Newsletter with your business name listed and a

free one time mixer pass. Winners will also be posted on the

Canandaigua Chamber Facebook page.

One picture may be chosen for the cover of the Community Guide

and Business Directory with photo credit given to the

member business or service submission.

Membership Benefit of the Month

Economic Development News

Hosted By Rockcastle Florist

100 South Main St., Canandaigua DATE:

Wednesday,

December 10, 2014

TIME:

5:00-7:00 PM

7| P a g e

CHAMBER CONNECTION

PLAN AHEAD –

Upcoming Chamber Events!

Mixer Schedule (5:00pm-7:00pm)

Rockcastle Florist Wednesday, December 10, 2014

Habitat for Humanity of Ontario County, NY/ReStore

Tuesday, January 13, 2015

Quail Summit

Thursday, February 26, 2015

Legacy at the Fairways

Wednesday March 25, 2015

We’re now booking 2016 mixer hosts. If you’d like to host a mixer in the

future, contact Elisha Snow at 585-394-4400, ext. 203 for more information.

RENEWING MEMBERS

Associate Members: Bruce & Sharon Hall

Businesses:

Adorn Jewelry and Accessories

American Legion Post #256

Artizanns

City Mini Storage, LLC

Compassionate Care, Inc. Democrat and Chronicle Media Group Edelweiss Properties Realtors,

LLC

EFP Rotenberg, LLP

ESL Federal Credit Union

Finger Lakes Community College

Finger Lakes Gallery & Frame

Finger Lakes Lodge

Finger Lakes Monument Co. Inc.

Fort Hill Apartments

Gorham Tax Service Grounded By Yoga Studios &

Teacher Training

Haines Local Search

Hall & Karz Esqs.

Holiday Inn Express Canandaigua

Holiday Inn Express Hotel &

Suites

Hollywood Nail & Spa

Hood Contracting LLC

Legacy at the Fairways

Lightland Farms, LLC

Moore Printing Co, Inc.

Municipal Solutions, Inc.

P & L Trucking, LLC

Plant Health Ltd., Inc.

Proco Properties

Quail Summit Quantum Performance Group, Inc. QwicNet, Inc. Randall Buick - GMC - Cadillac

Roseland Bowl Seneca Gorham Security Systems,

Inc. Sutter's Canandaigua Marina,

Inc.

Tenax Town Cleaners

The Eye Care Center

The Villas at Canandaigua

Uptown Tire and Auto Service

Velmex, Inc.

Anniversary Members 30 Years Edelweiss Properties Realtors, LLC

30 Years Randall Buick-GMC- Cadillac

15 Years Canandaigua Concrete Pumping

15 Years Quantum Performance Group, LLC

10 Years Caprini Realtors

10 Years Goodman Enterprises

5 Years Uptown Tire and Auto Service

5 Years North Coast Advisors, LLC

5 Years Rio Tomatlan

5 Years Z2 Architecture, PLLC

5 Years McFarland-Johnson, Inc.

5 Years YSL Properties

5 Years K & K Photography

8| P a g e

9| P a g e

10| P a g e

11| P a g e

12| P a g e

13| P a g e

December 4 8:30 a.m., Ambassador Committee at Chamber

December 5 Noon, Economic Development

December 11 8:30 a.m., Membership Committee at Chamber

December 12 7:45 a.m., Executive Committee at Chamber

If you’re new to the game, the

Chamber awards one free

mixer pass to a mixer within a

year to the first two people

who find the hidden image that’s shown

above. If you found the hidden picture in

this newsletter, call in its correct

placement to the Chamber, at 585-394-

4400. You must be a member in good

standing in order to play and win. May

win up to two times per year.

113 South Main Street Canandaigua, NY 14424

C H A M B E R M E E T I N G S

December2014

Fall/Winter Hours at the Visitor Center

Monday-Friday: 8:00 a.m. – 5:00 p.m.

December 18 3:00 p.m., Board of Directors at Chamber

December 19 Noon, Economic Development Committee at Chamber

December 24-26 Office Closed for Christmas Holiday