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Ithaca staff reports loan portfolio current, grants update and staffing shifts
Summary
City staff told the Ira Economic Development Committee the loan portfolio and lease payments were current, summarized grant activity (Finger Lakes Reuse, Hospitality Employment, Historic Ithaca) and announced the part-time accountant accepted a county job and an ED specialist hire is being advertised.
City economic-development staff reported on grants, loans and personnel at the Feb. 10 Ira Economic Development Committee meeting, saying the loan portfolio is current and outlining next steps for staffing and grant deadlines.
"Our loan portfolio, everybody is current as we speak today," Speaker 2 said, adding that occasional late payments have been resolved with the loan servicer (M&T Bank). Staff described grant activity that intersects economic development, including…
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