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IDA approves minutes, budget, multiple check ratifications and enters executive session; no action taken
Summary
At the May 2025 meeting the Chemung County IDA approved April minutes and the budget, ratified multiple vendor payments, authorized staff to pursue ARPA-funded items, entered executive session on property and financial matters and returned with no action.
The Chemung County Industrial Development Agency approved routine minutes and the budget, ratified a set of previously paid vendor checks, and voted to enter executive session to discuss the financial history of a person or corporation and the proposed acquisition, sale or lease of real property. The board reported no action came from the closed session.
On finance, staff reported receipt of a $400,000 payment identified as “CVS” in other income. Staff said an additional project closing that had been expected in April was anticipated to close in May and would add about $200,000 to revenues. For April the agency…
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