IDA PROJECTS
| NAME | LOCATION | LEASE | TERM | PILOT | TERM | SALES TAX EXEMPTION |
|---|---|---|---|---|---|---|
| YMCA | 213 Harrison Street Gloversville, NY |
YES | Expires 2028 | NO | – | NO |
| CG Roxanne | 1 Old Sweet Road Johnstown, NY |
YES | Expires 2025 | YES | Expires 2025 | YES |
| Benjamin Moore | 123 Union Ave Johnstown NY |
YES | Expires 2032 | YES | Expires 2032 | YES |
| Nexus Renewables | 881 CR 107 Johnstown NY |
YES | Expires 2045 | NO | – | YES |
| Vireo Health | Tryon Technology Park 896 Co Road 107 Johnstown, NY 13790 |
– | YES | |||
| Hoffman’s Carwash | 342 S. Kingsboro Avenue Ext. City of Gloversville/Town of Johnstown |
YES | Expires 2032 | YES | Expires 2036 | YES |
PROJECT REVIEW CRITERIA AND ANNUAL MONITORING
- The Agency shall review Project Applications and utilize the following specific criteria for evaluating and determining whether to provide benefits to a proposed project:
- Will the project create or retain jobs?
- What are the wages to be paid for the new jobs being created and the existing jobs being retained?
- What is the total private sector investment?
- How much local labor will be utilized during construction?
- How much will property values and property tax revenues increase for local taxing jurisdictions?
- The Agency shall require the Applicant to annually submit information to the Agency to allow the Agency to monitor the performance of the Applicant. The Agency shall annually monitor, at a minimum, the following information:
- Number of new jobs created and retained.
- Private sector investment.
