Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
IDA presents counteroffer for 50-acre parcel, conditions subdivision control
Summary
The Herkimer County IDA presented a motion to accept a counteroffer on a roughly 50-acre parcel contingent on counsel approval and added language that any subdivided parcels be wholly owned or controlled by the buyer; discussion covered wetlands review, a 120‑day due‑diligence window, and clawback triggers.
At the meeting, Tony Hallock, board participant, moved to accept a counteroffer on a roughly 50‑acre parcel contingent on counsel approval and added language specifying that any subdivided parcels be either wholly owned or controlled by the buyer.
Hallock said, “I would move to accept the counteroffer subject to approval by counsel, including language to the extent that the subdivision properties are either wholly owned or controlled…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
