IDA directors approve agreement

JOHNSTOWN —The Fulton County Industrial Development Agency board of directors recently approved an agreement with Fulton County to help the agency with operation of the Tryon Technology Park.

The agreement action was approved by the board at its annual meeting at the Fort Johnstown Annex.

The IDA approved a 2019 agreement with Fulton County. The county appropriates $15,000 in the Planning Department budget to help the IDA cover costs associated with operating the Tryon Technology Park in Perth. The typical costs the IDA seeks reimbursement from Fulton County are insurance and mowing.

IDA Executive Director James Mraz said county Budget Director Alice Kuntzsch requested the first-ever such agreement.

“This year, the county’s budget director actually asked us to have an agreement with the county,” Mraz said.

In related Tryon business, Mraz noted that the board at its last meeting fowarded a letter of support to the town of Perth, which wanted to change its Zoning Ordinance to allow stand-alone warehouse and distribution facilities at Tryon.

“The Town Board did make that change,” Mraz said.

In other business from its annual meeting:

∫ The IDA appointed West & Company of Gloversville as the agency’s auditor for 2019. The agreement involves the firm auditing the IDA’s 2018 financial statements at a fee of $8,750 and to provide 2019 payroll services for $500. The 2019 fees are the same as 2018.

∫ The agency retained the Glens Falls law firm of Fitzgerald, Morris, Baker, Firth, PC for a legal services agreement. The firm will serve as the IDA’s counsel in 2019 and provide both general legal services and legal services for Tryon at a cost not to exceed $8,000. The funds are included in IDA’s 2019 budget.

∫ Per the IDA’s investment policy, NBT Bank was designated as the depository of IDA funds for 2019.

“We have been consistently using NBT Bank,” Mraz said.

∫ The board authorized Chairman David D’Amore to sign a 2018 Performance and Measurement Report and to authorize Mraz to post it on the IDA’s website, fcida.org.

“It basically establishes some measurements on how we are doing.” Mraz said.

The state’s 2009 Public Authorities Reform Act requires public authorities to develop performance measures to help determine how well they are carrying out their mission. Performance measures assist the IDA board and management to evaluate and monitor whether policies and operating practices are in accordance with its mission, Mraz said.

∫ The board authorized payment of four town of Johnstown 2019 fire tax bills. They are: two bills totalling $35.48 and $34.99 on Route 30A; and two bills totalling $1.22 and $486 for Tryon Technology Park properties.

∫ As of Jan. 1, the IDA had these two active Payment In Lieu of Taxes, or PILOT agreements: CG Roxane at 1 Old Sweet Road, Johnstown; and Johnstown Renewables at Enterprise Drive, Johnstown. A lease/PILOT agreement with Swany was terminated Dec. 18.

Michael Anich covers Johnstown and Fulton County news. He can be reached at [email protected]

By Josh Bovee

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