City of Poughkeepsie Industrial Development Agency
Government Administration - Poughkeepsie, New York, United States
City of Poughkeepsie Industrial Development Agency Employees
City of Poughkeepsie Industrial Development Agency Details
The mission of the City of Poughkeepsie Industrial Development Agency is to advance the job opportunities, health, general prosperity and economic welfare of the people of the City of Poughkeepsie and to improve its recreation opportunities, prosperity and standard of living, through the promotion, development, encouragement and assistance of industrial, manufacturing, warehousing, commercial, research and recreation facilities, educational or cultural facilities, health care facilities and continuing care retirement communities, in the City ofPoughkeepsie.GOAL #1: PROMOTE PRIVATE INVESTMENT FOR DEVELOPMENT, JOB CREATION AND RETENTIONSupport attraction of business, business retention, and job generation through coordination with local and county economic development organizations – respond to leads and to existing businesses to determine eligibility for IDA financing and other business assistance, make referrals, and support/facilitate local and regional economic development initiatives.Further development in priority (TOD) areas as defined in the Uniform Tax Exempt Policy.Induce and execute eligible projects that generate private investment, stabilize impacted census tracts, and create or retain jobs.GOAL #2: UNDERTAKE COMPLIANCE REQUIREMENTSHold at least two (2) Governance and Audit Committee meetings a year.Annually review and re-adopt policies and operations.Monitor economic data.Conduct open meetings.Complete an annual independent audit.Monitor projects.Complete PARIS reporting.Maintain and update IDA website.Manage projects and agency in conformance with all applicable state laws and regulations.
