Industrial Development Agency (IDA)

Agency Overview

The Geneva IDA is one of the city's longest standing economic development partners. The IDA has been involved in the revitalization of downtown Geneva for over 20 years, providing financing and project incentive support. The IDA has also been a funding and advisory partner on the Business Improvement District's (BID) Full Occupancy Initiative, New York Main Street grant programs, Microenterprise Assistance Program, and the city's comprehensive plan development. The IDA can provide property tax relief, sales and mortgage tax exemptions, and land-cost write-downs for qualified projects.

Meetings

The Geneva IDA board meets on the Friday after the first Wednesday of each month at 8:30am. All IDA meetings* can be viewed live or recorded on our Geneva IDA YouTube page.   

*Meeting videos prior to March 2022 are available at City of Geneva NY - YouTube. 

Agendas & Minutes

Agendas are available prior to meetings. Minutes are available following approval.

View Most Recent Agendas and Minutes

Board Members & Staff

Annual Reporting

The Geneva IDA's annual reporting documents are available here: Annual Report Archive. This archive includes: budgets, audits, PARIS reporting, Operations & Accomplishments reports, and Measurement reports. 

Nardozzi Application

The Geneva IDA has approved financing assistance for Nardozzi Holdings, LLC's project. A public hearing was held Wednesday, May 3rd, 2023. Video of the hearing is available on YouTube. The full project agreement is not in place yet. Project documents to date include:

Other IDA Documents

Policies & Information

  1. Bylaws Geneva IDA (PDF)
  2. Uniform Tax Exemption Policy (PDF)
  3. Mission and Goals (PDF)
  4. IDA Enabling Statute (PDF)
  5. Property Listing (PDF)
  6. Organizational Chart (PDF)
  7. Whistleblower Policy (PDF)
  8. Travel Policy (PDF)
  9. Property Disposition Policy (PDF)
  10. Procurement Policy (PDF)
  11. Investment Policy (PDF)
  12. Fiscal Management Policy (PDF)
  1. Uniform Evaluation Criteria (PDF)
  2. Real Property Acquisition Policy (PDF)
  3. Policy for Termination and/or Modification of Agency Financial Assistance (PDF)
  4. Conflict of Interest Policy and Disclosure (PDF)
  5. Extension of Credit Policy (PDF)
  6. Defense and Indemnification Policy (PDF)
  7. Compensation & Attendance Policy (PDF)
  8. Code of Ethics (PDF)
  9. Public Meeting Videoconferencing Policy (PDF)
  10. Charter - Governance Committee
  11. Charter - Finance Committee
  12. Charter - Audit Committee

Project Documents

  1. IDA Application for Financial Assistance (Word)
  2. DCMB Project (PDF)
  3. NP Massa Project (PDF)
  4. Lake's Edge Inn & Suites Project (PDF)
  1. Guardian 2017 Project (PDF)
  2. Geneva Shopping Center Project (PDF)
  3. Geneva Land LLC Project (PDF)
  4. Wine Country Hospitality Project (PDF)