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Contact
Information: |
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Matthew S, Bull, Executive Director |
(716) 945-3230 |
mbull@salmun.com |
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Patrick J. Welch, Deputy Director |
(716) 945-3230 |
pwelch1@salmun.com |
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Ruthe Riehle, Section 8 Program Admin |
(716) 945-3171 |
rriehle@salmun.com |
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Board Members |
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| Timothy J.
Flanigan, Chair |
| David Skiba,
Vice-Chair |
| Michael
Zaprowski, Secretary |
| Jeffrey L.
Pond, City of Salamanca |
| Joel Peters |
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Agency Mission: |
To foster the growth of private sector employment and
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investment
in the City of Salamanca, and support the
economic development of the region. |
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Eligible Projects: |
Manufacturing |
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Commercial |
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Retail |
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Industrial |
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Educational/Cultural |
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Recreation |
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Research and
Development |
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Types of Assistance |
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Seek
and Administer State and Federal Funds
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Whenever practical, external funding assistance
is sought from state and/or federal sources and
administered by the agency to augment overall
project financing. Partner agencies have
included U.S. Dept. of Housing and Urban
Development, United States Department of
Agriculture, NYS Office for Small Cities, and
the NYS Office for Community Renewal. |
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Administer Revolving Loan Fund
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Activities funded are subject to HUD regulations
and therefore must meet one of the following
objectives: benefit low to moderate income
persons, prevention or elimination of slums or
blight, or meet community development needs
having particular urgency (i.e. serious and
immediate threat to health or welfare).
The
Agency may authorize loans for facility
construction, acquisition, rehabilitation, or
improvement of industrial or manufacturing
facilities, research and development facilities,
or other eligible business facilities located
within the city.
In
addition, the agency may also finance a portion
of the cost of a firm’s machinery and equipment
to be used and located within the city. |
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Property Acquisition and Management
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The
agency may also acquire and manage buildings
and/or property for lease to private enterprise
firms. Such real property is exempt from
property taxes, however the agency requires a
negotiated schedule of payment in lieu of taxes
(PILOT) arrangement. |
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Tax
Abatements and Exemptions |
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In
addition to property tax abatements, other NYS
tax benefits include exemption from mortgage and
deed transfer taxes. |
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Sale
of Bonds and Notes |
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Project Management |
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Regular Monthly Meetings |
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Regular monthly meetings are held on the second Tuesday
during the months of May, June, July, August and
September and on the second Thursday in January,
February, March, April, October, November and December.
Unless otherwise noted, meetings are held at 4:30pm in
the City Hall conference room at 225 Wildwood Avenue. |
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Regular Board Meeting Agenda |
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| 1. |
Call to Order |
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2. |
Approval of past regular meeting minutes. |
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Correspondence |
| 4. |
Section 8 Report |
| 5. |
Executive Director Report |
| 6. |
Old Business |
| 7. |
Public Participation/Updates from Other Agencies |
| 8. |
Accept Reports, Approve Transfers and Pay Bills |
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Executive Session, if necessary |
| 10. |
Adjournment |
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