6/24/24 IDA Meeting

The Ontario County Industrial Development Agency (IDA) held a meeting on June 24, 2024, focusing primarily on procurement and development projects. A significant portion of the meeting was dedicated to a presentation by Postler and Jacel, a mechanical contractor seeking assistance for expanding their sheet metal fabrication facilities. They requested a 10-year PILOT (Payment In Lieu of Taxes) and IDA sales tax exemption for building renovations and potential future expansions, which would create additional full-time jobs. The board discussed consolidating multiple locations into a single facility to improve efficiency and capacity. Additionally, updates were provided on a digest project involving site plan approvals and permits, with emphasis on meeting construction start deadlines to qualify for investment tax credits. The board also approved motions to hold public hearings on updated tax-exempt policies and insurance coverage waivers related to senior housing projects. Other agenda items included updates on property listings, airport partnership discussions, and regional economic development grant workshops. Several motions were passed related to contract approvals, audit services, and bill payments, reflecting ongoing procurement and financial management activities within the agency.