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IDA reports healthy finances, secures funds for 500,000‑gallon Manheim water tank
Herkimer County Industrial Development Agency · October 1, 2025
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Summary
Board reported no outstanding loans, incoming receivables, and county funding including roughly $500,000 toward a 500,000‑gallon ground water tank for Manheim Business Park; staff said design is about 90% complete and moving to health-department review.
Board treasurer/staff reported that the IDA remains in strong financial condition with no outstanding loans and receivables forthcoming as new projects move forward. During that financial update, staff noted slightly higher maintenance costs tied to recent property additions but…
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