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File #: ID-7946    Version: 1 Name:
Type: Report Status: Agenda Ready
File created: 12/1/2025 In control: Economic Development Committee
On agenda: 12/4/2025 Final action:
Enactment date: Enactment #:
Title: IDA December Monthly Report
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ACTIVITY REPORT -NOVEMBER 2025

COUNTY OF SULLIVAN INDUSTRIAL DEVELOPMENT AGENCY (IDA), SULLIVAN COUNTY FUNDING CORPORATION (SCFC), THE SULLIVAN COUNTY INFRASTRUCTURE LOCAL DEVELOPMENT CORPORATION (TSCILDC), SULLIVAN COUNTY RESORT FACILITIES LOCAL DEVELOPMENT CORPORATION (SCRFLDC)

 

November 28, 2025

 

The IDA Board held its regular meeting on November 10.  At that meeting the Board adopted the following resolutions:

                     Resolution authorizing the extension of the sales tax abatement period for the NY Forestburgh I, LLC project. This relates to the development of a solar photovoltaic electricity generating facility in the Town of Forestburgh.

                     Resolution suspending the employment goals for projects undertaken pursuant to the Agency’s Tourism Industry and Destination Resort Uniform Tax Exemption Programs, for the employment periods relevant to the calculation of the 2026 and 2027 Payments in Lieu of Taxation.

                     Resolution authorizing the enhancement of financial assistance relating to the International Contractors Corp. and Jam Two, LLC project. This project relates to the expansion of an existing roofing contractor shop and metal roof panel fabrication plant in the Town of Bethel.

 

IDA staff members are currently processing two applications for Agency benefits, and we expect to present them to the Board for consideration in early 2026. 

 

                     The next regular meeting of the IDA Board is scheduled for Monday, December 8, 2025 at 11:00 AM in the Legislative Committee Room.