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IDA approves multiple financing resolutions, adopts grant policy and schedules Bill School public hearing
Summary
The board approved the October minutes and financial reports, adopted a uniform grant guidance policy, approved several lender-financing resolutions (local gas lender, HBK, Aldrich, solar fee adjustments), accepted a Chamber sponsorship and scheduled a Bill School public hearing and sale-price resolution.
The Herkimer County Industrial Development Agency held a series of routine and project-specific votes Monday, approving minutes and financial reports, adopting a uniform grant guidance policy and consenting to multiple lender-financing actions.
The board approved the October 2018 minutes and then accepted the October financial reports after staff described year-to-date results and outstanding receivables. "We do have a couple of, higher expenses, the property…
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