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Board signals possible withdrawal of JBF Stainless assignment after missing documentation; letter to be sent
2350630 · January 28, 2025
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Summary
Board members said the applicant for the JBF Stainless assignment has not provided required application materials and directed staff to send a letter giving a short deadline before the agency begins steps to restore the property to the tax rolls.
Herkimer County IDA staff told the board that JBF Stainless (project/assignment) has not provided required application materials or a fee by the agency’s requested deadline.
Project staff said they had repeatedly requested a complete application and a fee before advancing the assignment. Because the statutory taxable status date…
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