IDA and CLD Meetings

New Rochelle Industrial Development Agency; New Rochelle Corporation for Local Development · October 29, 2025

0:00/21m

21:29

0:00

5:00

10:00

15:00

20:00

The New Rochelle Industrial Development Agency meeting was called to order on 10/29/2025 at 07:34 PM.

1:30 → 2:21(51s)

The New Rochelle Industrial Development Agency (IDA) and the New Rochelle Corporation for Local Development (CLD) met on Oct. 29, 2025, in the City Council conference room to approve minutes and adopt their 2026 budgets. Board and staff discussion focused on revenue timing (project "closings"), the impact of delayed transactions on 2025 receipts, social equity fee timing for CLD revenues, a midyear increase to a job-training line tied to a Westhab contract amendment, and upcoming UTEP amendments and public hearing timing for the Pratt project. Both bodies voted unanimously to adopt their 2026 budgets and set the next meeting for Nov. 19, 2025.

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Transcript

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