IMG_6543WEB1. Name of Public Authority:

County of Otsego Industrial Development Agency (the “Agency”).

2. Agency’s Mission Statement:

Assist in the enhancement and diversity of the economy of the County of Otsego (the “County”) by acting in support of projects in the County that create and/or retain jobs and/or promote private sector investment utilizing the statutory powers of the Agency as set forth under the provisions of the laws of the State of New York.

3. Agency Stakeholders:

a. Agency Stakeholders include the following: (A) the Otsego County Board of Representatives, (B) the residents of the County, (C) the businesses located or intending to locate in the County, (D) school districts located within the County, (E) the State of New York, and (F) the local workforce.

b. At a minimum, Agency Stakeholders expect the Agency’s members to carry out the business of the Agency in a manner that accomplishes its mission while strengthening the local economy.

4. List of Proposed Performance Measurements:

a. Number of firms assisted (with cash, loans, technical assistance, problem-solving) by the Agency

b. Number of jobs created with help from Agency assistance

c. Number of jobs retained with help from Agency assistance

d. Capital investment made in the County (both total and private funds leveraged with public assistance)

e. Number and dimension of efforts to support local efforts that support continued job growth and economic gains for the County

f. Number and dimension of efforts to support regional efforts that support continued job growth and economic gains in the region