HomeMy WebLinkAboutDMCC Resolution No. 179-2025 (Approving Amendment to Resolution No. 165-2025 in Connection with Request for Private Development Funding (BioLabs Rochester Project))DESTINATION MEDICAL CENTER CORPORATION
RESOLUTION NO. 179-2025
A RESOLUTION APPROVING AMENDMENT TO RESOLUTION NO. 165-2025 IN
CONNECTION WITH REQUEST FOR PRIVATE DEVELOPMENT FUNDING
(BIOLABS ROCHESTER PROJECT)
The following Resolution was offered by Randy Schubring, seconded by Kim Norton.
BACKGROUND RECITALS
A. Pursuant to Resolution No. 165-2025, the Destination Medical Center Corporation
(“DMCC”) approved a joint funding application in an amount not to exceed $8,000,000 (the
“Approval”) to support the development of the Biolabs Rochester Project, as further described in
Resolution No. 165-2025 (the “Proposed Project”). The Approval set forth various conditions
that the Proposed Project must satisfy (the “Project Conditions”).
B. Subsequent to the Approval, the City of Rochester (the “City”), Rochester 2
Associates, LLC (the “Applicant”), and the Destination Medical Center Economic Development
Agency (the “EDA”) commenced negotiation of a draft Development Agreement with respect to
the Applicant’s development of the Proposed Project (the “Development Agreement”).
C. The Project Conditions have guided the City, in consultation with the EDA, in its
preparation and subsequent negotiation of the obligations and requirements set forth in the
Development Agreement. In an effort to support efficient and collaborative development and
operation of the Proposed Project, as well as finalization of the Development Agreement with the
Applicant, adjustments to the implementation of the Project Conditions are recommended.
D. As originally set forth in Resolution 165-2025, the Proposed Project continues to
sufficiently advance the goals of the Development Plan and satisfy the Evaluation Criteria (as
defined in Resolution 165-2025).
E. The EDA recommends amendment to the Approval to permit proceeding with
negotiation and finalization of the Development Agreement.
RESOLUTION
NOW, THEREFORE, BE IT RESOLVED, by the DMCC Board of Directors, that the
DMCC approves amending the Approval to authorize the EDA to further negotiate the
Development Agreement, and any modification thereto, as may be necessary and appropriate to
permit the efficient and collaborative development and operation of the Proposed Project,
notwithstanding the Project Conditions.
BE IT FURTHER RESOLVED, that the Chair or the Treasurer of the DMCC is
authorized to transmit this Resolution to the City, and to take such actions as are necessary and
appropriate to effectuate the findings and approvals of this Resolution.
The question was on the adoption of the Resolution and there were ______ YEAS and
______ NAYS, as follows:
BOARD OF DIRECTORS
Destination Medical Center Corporation
YEA NAY OTHER
Douglas M. Baker, Jr.
James R. Campbell
Kim Norton
Randy Schubring
Mark Thein
Pamela Wheelock
Paul D. Williams
RESOLUTION ADOPTED on September 25, 2025.
ATTEST:
Pamela Wheelock, Chair
Destination Medical Center Corporation
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