NOTICE OF JOINT HEARING ROCHESTER CITY COUNCIL ROCHESTER URBAN RENEWAL AGENCY -NOTICE IS HEREBY GIVEN that the Council of the City of Rochester ("City") and the Board of the Rochester Urban Renewal Agency ("Agency") will hold a joint public hearing in the Council Chambers, Room 302A, City Hall, 30 Church Street, on Thursday, May 14, 2026 at 6 P.M., to consider the Agency's lease to Columbus Building Apartments L.P. ("Lessee") of parcels located at Numbers 46-48, 52, 54-60, 66 Broadway and a portion of the parcel located at 70 Broadway (collectively, the "Lot"), to be used as parking for the tenants of Lessee's Columbus Apartments Building located at 40-52 Chestnut Street for a term of 24 months with the option to extend the term for up to three additional periods of 1-year each (the "Lease"). The proposed monthly rental price of $1,500 for the first year of the Lease is based on an independent appraisal of its value. The monthly price is proposed to increase 3% for each subsequent year of the Lease term. Because of the Lot's location within a designated urban renewal area, the Southeast Loop, the City and Agency are required by the NYS Urban Renewal Law (Sections 507 and 556 of the General Municipal Law) to provide this notice and conduct a public hearing to assess whether the Lessee is qualified and eligible to establish and maintain the Lot as parking for the tenants of the Columbus Apartments Building. The proposed terms and conditions of the lease as well as documentation of the Lessee's qualifications are available for public examination at the Department of Neighborhood and Business Development, City Hall, Room 005A, 30 Church Street, Rochester, NY during regular business hours from 9:00 A.M. to 5:00 P.M. daily, Monday through Friday. The proposed legislation for the lease, together with transmittals providing background information, are available on the City Council's website at https://www.cityofrochester.gov/councilproceedings/ as Introductory Numbers 143 and URA-4 under the tab designated for legislation proposed for the City Council's May 19 general meeting. Hazel L. Washington City Clerk 4160617 5-8-1t