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IDA updates Arbor MOU, reports $149,277.55 LBI disbursement

3424223 · May 21, 2025
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Summary

The board authorized an update to the memorandum of understanding with Arbor to extend contract dates into 2029 and was told the agency received a second LBI disbursement of $149,277.55.

The Chemung County Industrial Development Agency approved updating its memorandum of understanding with Arbor to extend the contract period (transcript references updating dates through 2029) and received an update on recent LBI program disbursements.

Staff said the MOU amendment requires…

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