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March 01, 2007

County to pay for new IDA home

You spending hawks should like this one... From the Post-Standard:

New headquarters for Madison County IDA?

The Madison County Industrial Development Agency Board of Directors has authorized spending $425,000 for a new headquarters for local economic development.

Board members met Thursday afternoon to discuss a purchase offer on a building. Chairman Richard Bargabos would not identify the location until the real estate transaction progressed further.

He did say the facility would operate as a “one-stop shop” for county economic development activities, staffed by personnel like the IDA Executive Director and the county Empire Zone and agricultural economic development coordinators.

“This is a good investment,” Bargabos said.

The county IDA currently operates in an office at the Canastota Business Park.

- Alaina Potrikus

Posted by jimj at March 1, 2007 09:58 PM | TrackBack