6/26/23 IDA Board Meeting

The Ontario County IDA Board Meeting held on June 26, 2023, focused primarily on two major procurement-related projects: the approval and development of two community solar projects by U Dimension Energy and an affordable housing project by Home Leasing. The board discussed the conditional approval of the solar projects, including environmental considerations such as wetlands and infrastructure impact, with build costs estimated around $8.5 million each. A motion was passed to authorize public hearings for these projects. Additionally, the board reviewed the Home Leasing affordable housing project, which aims to provide net-zero energy, workforce-targeted affordable units, and requested mortgage and sales tax exemptions along with a payment in lieu of taxes (PILOT) agreement. This project also received authorization for a public hearing. Other agenda items included financial reports, airport economic impact studies, and updates on workforce development and grant programs, but no further procurement actions were taken. Overall, the meeting highlighted significant capital improvement projects with potential community and economic benefits, alongside ongoing fiscal oversight and strategic planning efforts.