IDA

Welcome to 'The Hub'!

Greetings, from the staff of Otsego Now! You have stumbled upon The Hub, our blog and informal news hub. For more formal news and information about economic development in Otsego County, you’ll want to subscribe to Otsego Now News here. And if you’re particularly interested in workforce development or if you’re a job seeker looking for training, sign up for the Otsego Works! newsletter here.

Pony Farm Completion, New Website Announced At Otsego Now Meeting

By Libby Cudmore, Staff Writer, AllOtsego.com Over coffee and pastries at Stella Luna early this morning, Otsego Now announced to their board that the Pony Farm site is nearing “shovel-ready” status to be listed on the brand new www.otsegonow.com website. “With this website, we’ll be able to tell businesses ‘Give us your details and in 30-60 days, we’ll get you a building permit and get you in the ground’,” said CEO Sandy Mathes. “We’ve already had several inquiries about the site.” Though the site plans at Pony Farm still need final approval from the Town of Oneonta Planning Board, Mathes … Read More

IDA Launches New Website, Sees Progress

By Denise Richardson, Staff Writer, The Daily Star Otsego Now, a brand initiative that includes the Otsego County IDA, launched its new website and reviewed projects and other business during an annual meeting in Oneonta on Thursday, officials said. The website, www.otsegonow.com, is the culmination of a branding project that began in September last year, according to a media release. The site is expected to enhance the IDA’s refurbished image and message and be accessible for entrepreneurs, business owners and representatives and other visitors, officials said. “We are thrilled to have a professional website as a dynamic communication tool,” Elizabeth … Read More

IDA 101

What is an IDA? IDA is an acronym for Industrial Development Agency or Authority. So, for example, COIDA is an acronym for County of Otsego Industrial Development Agency. IDAs were created in the State of New York back in 1969 for the express purpose of developing industry within an IDA’s particular jurisdiction. An IDA is created by legislation (the Otsego IDA was created by an act of the Otsego County Board of Representatives in 1973). It is a public benefit agency. There are actually quite a lot of public benefit agencies and authorities and we’re sure you’ve heard of some … Read More

Town to Consider Pony Farm Site Plan

Posted: Sunday, August 16, 2015 1:06 pm | Updated: 6:24 am, Mon Aug 17, 2015. By DON MATHISEN Contributing Writer The town of Oneonta Planning Board is scheduled to vote Monday on the Otsego County Industrial Development Agency’s site plan for 25 acres of vacant land at Pony Farms Industrial Park. If the board gives the plan the thumbs-up, the IDA said, it will begin aggressively marketing the shovel-ready site. According to IDA Chief Executive Sandy Mathes, that could mean up to $50 million in private investment, three new buildings totaling 400,000 square feet, and creation of as many as … Read More