7/25/22 IDA Board Meeting

The Ontario County Industrial Development Agency (IDA) Board held a meeting on July 25, 2022, where the primary procurement-related discussion focused on a presentation by Jeff M., CEO of Indity Group, regarding their recent acquisition of a hotel property in Victor. The group outlined plans for a comprehensive $5.5 million renovation of the extended stay hotel, including interior and exterior upgrades to enhance guest experience and meet market demands. The board discussed the project's alignment with the IDA's mission, noting it is the only extended stay hotel in the county, and subsequently voted to hold a public hearing on the matter. Additional administrative matters included acceptance of reports, payment of bills, and a brief executive session with no actions taken. No other procurement contracts or vendor selections were detailed during the meeting.