County of Chenango IDA Board Meeting – July 15, 2026

The Chenango Industrial Development Agency (IDA) Board met on July 15, 2026, to discuss various economic development projects and financial matters. Key procurement-related topics included the management of pilot projects, particularly a solar pilot that exceeded budget expectations, and the handling of a $1.4 million credit issue with a company named Hybrid. The board reviewed financial statements, discussed the timing and reimbursement processes for capital improvement projects, and addressed the need for coordinated infrastructure development, including water line extensions and shovel-ready site preparations. A motion was approved to proceed with a $5,000 grant application for a countywide Brownfield Opportunity Area (BOA) pre-planning study, with the county agreeing to fund the matching amount if awarded. The board also emphasized the importance of economic development funding separate from pilot revenues to sustain ongoing and future projects. Additionally, updates were provided on lease agreements and upcoming tourism-related events. No executive session was requested.