ACTIVITY REPORT -JULY 2026
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)
July 30, 2026
The IDA Board held its regular monthly meeting on July 13th. At the meeting the Board adopted the following resolutions:
• Resolution approving the annual payment of the fee for services due to Hudson Valley AgriBusiness Development Corp. (HVADC) for the period July 1, 2026 to June 30, 2027.
• Resolution extending the sales tax abatement period for the Monticello Industrial Park LLC project. This relates to the development of roadways and infrastructure to facilitate the future development of a commercial/industrial park in the Village of Monticello.
On July 21st IDA held a public hearing on the proposed 26 Holland Development, LLC and Gelsomino and Davis Speech, Occupational Physical Therapy Services, PLLC Project, for the development of a private early childhood special education preschool in the Town of Liberty. No comments were received at the public hearing. We anticipate asking the Board to consider an approving resolution at the next IDA meeting.
We have begun gathering data for the draft 2027 Budgets of IDA, SCFC, and TSCILDC, for presentation to the Boards in September and adoption in October. As the taxing jurisdictions begin to develop their 2027 budgets, we are also fielding their requests for information on anticipated 2027 PILOT distributions.
The next regular monthly meeting of the IDA Board will be held on Monday, August 10th at 11:00 AM in the Legislative Committee Room. HVADC representatives will attend the meeting and present on their recent work to grow and expand agriculture-related businesses in Sullivan County and throughout the region.
##