Oswego County | Oswego County Civic Facilities Corporation | Upstate Energy Jobs
Oswego County Economic Advancement Plan
the County of Oswego IDA:
County of Oswego Industrial Development Agency’s mission is
to establish and implement sound economic development strategies
in order to enhance the economic vitality of Oswego County’s
businesses, industries, communities, and citizens, leading to an
overall better quality of life.
to the Agency’s mission is the creation and retention of job
opportunities, diversification and strengthening of Oswego County’s
economic base, and developing the local economy in a planned, organized,
and environmentally compatible manner.
new employment opportunities through the attraction of or the
creation of new businesses;
new employment opportunities through the expansion of existing
existing employment opportunities;
and encourage capital investment by new and expanding businesses;
the County’s tax base;
stabilize and diversify the County’s local economy;
facilitate the development of essential services or businesses
generally lacking in the County;
To recognize the importance of the overall multipier economic impacts of projects;
financial assistance to key industrial clusters critical to
the County’s economy, including manufacturing, health
care, education, tourism, energy, and agribusiness;
To support the nuclear industry in Upstate New York through the Upstate Energy Jobs Coalition;
the greatest level of private and non-IDA financial assistance
To coordinate efforts to help improve the competitive position
of businesses and spur initiatives that help to improve the
overall business climate;
cooperatively with local governments, economic development partners
and school districts to further economic development progress;
To advance Oswego County's economy through regional cooperation and collaboration;
To enhance media and educational outreach initiatives; and
the quality of life in Oswego County.
The issuance of Private Activity Bonds (tax-exempt or taxable bonds) to finance eligible manufacturing and commercial projects. The issuance of Civic Facility Revenue Bonds (tax-exempt or taxable bonds) to finance eligible not-for-profit 501(c)(3) organizations' projects (subject to authorizing NYS legislation).
To help support and work cooperatively with the Oswego County Civic Facilities Corporation to help finance eligible not-for-profit 501(c)(3) organizations' projects with Civic Facility Revenue Bonds.
The issuance of tax-exempt revenue bonds for pollution control facilities.
The issuance of tax-exempt revenue bonds for other projects that are eligible for financing in compliance with federal and NYS legislation.
Providing to eligible and qualified businesses exemptions from real property taxes, sales and use taxes, and mortgage recording taxes consistent with the County of Oswego IDA's Uniform Tax Exemption Policy and in compliance with NYS legislation.
Providing financial assistance to micro-enterprise businesses utilizing the County of Oswego IDA's Micro-Enterprise Economic Development Fund.
Partnering with IDAs and EDOs in CNY to support the CNY REDC's efforts to secure CFA funding and utilize URI funding.
Providing financial assistance to eligible and qualified businesses utilizing the County of Oswego IDA’s PILOT Economic Development Fund and HUD Economic Development Fund.
Utilizing the County of Oswego IDA's General Economic Development Fund to enhance economic development initiatives and strategies.
Providing financial assistance to eligible and qualified businesses utilizing the USDA Intermediary Relending Program (IRP).
Serving as a conduit, as appropriate, to apply for and secure Federal and State government grants and/or loans for economic development projects.
Providing interim financing for eligible and qualified businesses that will be receiving permanent financing through the SBA 504 loan program in cooperation with Operation Oswego County, Inc.
Assisting in acquiring, constructing, and renovating necessary and appropriate real estate, working in cooperation with Operation Oswego County, Inc., to enhance and further economic development, including industrial park properties, incubator facilities, speculative buildings, and sites, etc.
Collecting and distributing PILOT payments to taxing authorities in accordance with the General Municipal Law of the State of New York.
Complying with the State Environmental Quality Review Act (SEQRA) on all
projects assisted by the County of Oswego IDA.
Working in partnership with government, education, labor, business and
economic development agencies to maximize development potential and sustainability of the economy in Oswego County.
To be in compliance with all reporting and policy requirements specified by the NYS GML, NYS Office of the State Comptroller, NYS ABO and the NYS PAL.
Amended and Restated By-Laws (Adopted April 7, 2008)
The County of Oswego Industrial Development Agency has existed since
1973 as a public benefit corporation authorized by the State of New York to function as an economic development and financing authority. The IDA has an administrative services contract with Operation Oswego County, Inc.
Board appointments are made by the Oswego County Legislature. Terms are open ended.
Toth (Chair), Appointed May 14, 1998
Professional Background: Appointed Senior Council Representative for Empire State Regional Council Carpenters; former Journeyman Carpenter with United Brotherhood of Carpenters and Joiners Local #747
Nick Canale, Jr. (Vice Chair), Appointed June 13, 2013
Professional Background: President of Canale's Restuarant; Vice President of Canale's Sauce Company; member of Canale's Italian Take Out LLC
Leonard Schick (Secretary/Treasurer), Appointed May 11, 2006
Professional Background: retired part-time engineering/technical consultant; retired Manager of Geogrpahic Information System and Electrical Engineer for local utility
Thomas Kells, Appointed December, 2016
Professional Background: Commissioner of Department of Public Works, City of Oswego; Owner of Kells Properties of Oswego County, LLC
Sorbello, Appointed July 15, 1999
Professional Background: Crop Farmer; Oswego County Legislator, past chair and current member of the Legislature's Economic Development and Planning Committee
Tim Stahl, Appointed December 13, 2018
Professional Background: Deputy Director, City of Oswego Community Development Office; Oswego County Legislator, Chair of the Legislature's Economic Development and Planning Committee
Barry Trimble, Appointed December, 2016
Professional Background: Managing Member of Eis House LLC, Inc., Village of Mexico; Member of Trimble LLC, Inc., Village of Mexico
- Governance: Date established: 8/27/2008
Members: Gary Toth (Chair), Tom Kells, Leonard Schick and Tim Stahl
- Audit: Date established: 8/27/2008
Members: Nick Canale (Chair), Leonard Schick and Barry Trimble
- Finance: Date established: 7/12/ 2010
Members: Gary Toth (Chair), Nick Canale, Leonard Schick, Morris Sorbello, Tim Stahl and
L. Michael Treadwell, CEcD
CEO, County of Oswego IDA
Professional Background: CEcD certified through IEDC; serves as Executive Director of Operation Oswego County Inc.; serves as a director on several boards associated with ecomonic development including CNY Regional Economic Development Council; has over 40 years experience in economic development.
CFO, County of Oswego IDA
Professional Background: Business Finance Director for Operation Oswego County Inc.; has served as a CFO and has extensive experience in finance and operations at small- to medium-sized family-owned firms, as well as international businesses; former member and past president of the Operation Oswego County Board of Directors.
Barclay Damon LLP
Caraccioli Law, PLLC
County of Oswego IDA may provide financial assistance to qualified
business applicants in the form of (A) issuance of tax-exempt or taxable
revenue bonds, or by participation
in straight lease transactions for purposes of conferring real property
tax, sales and use tax, and/or mortgage recording tax exemptions or (B) financial assistance to eligible participants from one of the IDA's four Economic Development Funds (EDFs).
(A) Application for Financial Assistance: used to apply for tax-exempt
and taxable revenue bonds or tax exemptions. This application is also used to apply
for any and all of the state-authorized incentives that an IDA can
use to encourage and enhance economic development, including exemptions for real property tax, sales and use tax and/or mortgage recovery tax.
of the EDFs are structured whereby debt service or lease payments
are deposited into the appropriate and segregated EDF fund account
to be available for other eligible businesses. Guidelines vary between funds due to programming requirements.
for the IDA Economic Development Fund Program: used to apply for the EDFs listed below.
- PILOT EDF: capitalized from a portion of annual
PILOT payments in accordance with a resolution adopted by the Oswego
County Legislature in 2015;
- HUD EDF: capitalized from repayments of HUD-funded
loans, projects must meet HUD low/mod income requirements to be
Application for the Intermediary Relending Program (IRP) used to apply for the EDF listed below.
- USDA IRP EDF: capitalized from a loan from USDA and matching funds from the IDA
Application for the Micro Enterprise Loan Program (MEP) used to apply for the EDF listed below.
- Micro Enterprise EDF: targeted for loans to graduates of the Micro-Enterprise Training Program sponsored by Operation
Oswego County, SUNY Oswego and the IDA. A micro-enterprise must employ (5) five or fewer employees. Capitalized from a HUD grant and matching funds from the IDA.
Application for Financial Assistance
Application Fee: $500 Administrative Fee: 0.75 percent of project cost
Application for Economic Development Funds
Application Fee: $100 Administrative Fee: 1.00 percent of financial assistance
Annual Administrative Reporting for S/L Transaction Projects Only
Application Fee: N/A Administrative Fee: $500
Performance Measures Reports:
2015 Press Releases:
- February 24, 2015: County of Oswego Industrial Development Agency Presents 2013-2014 Annual Report
- April 28, 2015: County of Oswego Industrial Development Agency Responds to State Comptroller's Report
- November 19, 2015: Oswego Fights for Upstate Energy Jobs
accordance with New York State General Municipal Law article 18-A,
the County of Oswego Industrial Development Agency was formed on
April 25, 1973. Section 911-b constitutes the enabling legislation
for the County of Oswego Industrial Development Agency.
911-b: County of Oswego Industrial Development Agency:
For the benefit
of the County of Oswego and the inhabitants thereof, an industrial
development agency, to be known as the COUNTY OF OSWEGO INDUSTRIAL
DEVELOPMENT AGENCY, is hereby established for the accomplishment
of any or all of the purposes specified in title one of article
eighteen-A of this chapter. It shall constitute a body corporate
and politic, and be perpetual in duration. It shall have the powers
and duties now or hereafter conferred by title one of article eighteen-A
of this chapter upon industrial development agencies and provided
that the exercise of the powers by such agency with respect to the
acquisition of real property whether by purchase, condemnation or
otherwise, shall be limited to the corporate limits of the county
of Oswego, and such agency shall take into consideration the local
zoning and planning regulations as well as the regional and local
comprehensive land use plans. It shall be organized in a manner
prescribed by and be subject to the provisions of title one of article
eighteen-A of this chapter. Its members shall be appointed by the
governing body of the county of Oswego. The agency, its members,
officers and employees and its operations and activities shall in
all respects be governed by the provisions of title one of article
eighteen-A of this chapter.
IDA Audit Reports:
2007 and 2006 and For the Years then Ended
July 31, 2008 and
2007 and For the Years then Ended
31, 2009 and 2008 and For the Years then Ended
2010 and 2009 and For the Years then Ended
2011 and 2010 and For the Years then Ended
July 31, 2012 and 2011 and For the Years then Ended
July 31, 2013 and 2012 and For the Years then Ended
July 31, 2014 and 2013 and For the Years then Ended
July 31, 2015 and 2014 and For the Years then Ended
July 31, 2016 and 2015 and For the Years then Ended
July 31, 2017 and 2016 and For the Years then Ended
July 31, 2018 and 2017 and For the Years then Ended
Management Letter 2018
Management's Assessment of the Authority's Internal Control Structure and Procedures
July 31, 2019 and 2018 and For the Years then Ended
Management Letter 2019
Management's Assessment of the Authority's Internal Control Structure and Procedures
Schedule of Debt: See Audited Financial Statements - Footnote 13, p. 15.
Annual Investment Report: Per Agency's Investment Policy, all fund accounts are collateralized by Key Bank at 105 percent. The Agency has no ownership of stock and/or securities. See page 17, note 4 to the Agency's Audited Financial Statements for FY ended 7/31/15.
Annual Procurement Report
L. Michael Treadwell,
of Oswego IDA
44 West Bridge
Oswego, NY 13126
Tel: (315) 343-1545
Fax: (315) 343-1546
“This institution is an equal opportunity
provider, and employer. To file a complaint of discrimination, write:
USDA, Director, Office of Civil Rights, 1400 Independence Avenue,
S.W. Washington, D.C. 20250-9410, or call (800) 795-3272 (voice)
or (202) 720-6382 (TDD).”