Committee approves audit reports and governance policies in swift meeting

The Utica Industrial Development Agency convened on May 7, 2025, to address several agenda items, primarily focusing on the approval of previous meeting minutes and routine governance matters.

The meeting commenced with the approval of the minutes from the April 3, 2024, meeting. A motion was made and seconded, with all members voting in favor, thus passing the minutes without opposition.

Next, the agency reviewed the 2024 audit report, which had been included in the meeting packet. A motion to accept the audit report was made and seconded, again resulting in unanimous approval.

The discussion then shifted to the annual review of policies and procedures, along with compliance with the Authorities Budget Office (ABO). It was noted that there were no significant changes to the documents from the previous year, aside from updates on new projects and employment. A motion to approve the unchanged policies was made and seconded, receiving unanimous support.

The regular meeting proceeded with the approval of minutes from the February 5, 2025, meeting. Following a motion and second, the minutes were approved without opposition.

In new business, the agency opted to approve several items collectively, which was motioned and seconded, leading to a unanimous vote in favor.

The meeting concluded with a brief session for the Utica City Development Corporation (UCDC), where minutes from the December 26, 2024, meeting were approved in a similar manner. The agency also approved necessary ABO documents swiftly, with motions and seconds leading to unanimous approvals.

The meeting wrapped up efficiently, with members noting the quick pace of the proceedings, marking a new record for brevity. Overall, the meeting focused on standard procedural approvals, reflecting the agency's commitment to governance and compliance.