IDA and CLD Meetings

New Rochelle Corporation for Local Development / New Rochelle Industrial Development Agency · October 28, 2026

0:00/2:18

2:18:43

0:00

30:00

1:00:00

1:30:00

2:00:00

2:18:43

Meeting called to order; roll call

12:37 → 14:05(1m 27s)

Chair Rob called the CLD meeting to order at 7:43 p.m., noted extra family/guests in chambers, and asked staff to call the roll. Several board members were absent. Staff introduced city and agency staff present including Adam Salgado and Katrina Shivers.

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The New Rochelle Corporation for Local Development (CLD) and Industrial Development Agency (IDA) met on 2026-10-28 to approve their 2027 budgets, adopt revisions to the Uniform Tax Exemption Policy (UTEP) including increased New Rochelle local-hire requirements and stronger compliance reporting, and set public hearings for two inducement applications (Shearwood/Sherwood Place and 50 Lockwood).

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