Agency staff told the board the county received roughly $7.9 million in state infrastructure funding for work at the Russell Farm site, which covers about 25–30 acres of the developer’s holding. Board and staff characterized the award as a significant boost for infrastructure in that area and said it reflects the county’s track record in moving projects quickly.

Staff also updated the board on several remediation and economic development projects. A Pine Grove Road grant of $3,600,000 was referenced in the transcript as awarded to a local town (name recorded in the transcript as "Perkimer"; spelling not verified). The agency said it helped fund an initial study of the old East Circular School that supported that grant application. The agency is pursuing DEC (Department of Environmental Conservation) review for Remington and a “dual‑fold” cleanup program application; staff said they are seeking a $50,000 waiver from DEC to proceed with remediation work in one parcel.

Felmyr Equipment is reported to be negotiating the purchase of additional property in Little Falls and plans an expansion of roughly 60,000 square feet. The agency said once that acquisition completes, related projects may return to the board for action. The board also described its role administering a $600,000 DRI (Downtown Revitalization Initiative) small projects fund to support local facade and roofing improvements in downtown areas; the IDA will work with villages and a selection committee to allocate funds.

Board members discussed due diligence and construction logistics for related projects at Manheim Business Park, including water tank siting and necessary easements; staff said work is expected to resume in the spring after winter weather delays. The board requested continued updates on DEC clearances and developer timelines.

Next steps: staff will continue remediation applications with DEC, pursue the requested waivers, and coordinate with developers on property closings and infrastructure schedules. Several details in the transcript (place names, some figures) should be verified against agency records before publication.