2016 Mission Statement
Rockland County Industrial Development Agency
Mission Statement and Performance Measurements
January 1 to December 31, 2016
The mission of the Rockland County Industrial Development Agency is to advance the job opportunities, health, general prosperity and economic welfare of the people of the Rockland County and to improve its recreation opportunities, prosperity and standard of living, through the promotion, development, encouragement and assistance of industrial, manufacturing, warehousing, commercial, research and recreation facilities, educational or cultural facilities, health care facilities and continuing care retirement communities, in Rockland County.
The Rockland County Industrial Development Agency was formed under Article 18 A of the NYS General Municipal Law as a public benefit corporation. Section 858 of the Act provides that:
‘The purposes of the agency shall be to promote, provide, develop, encourage and assist in the acquiring, constructing, reconstruction, improving, maintaining, equipping, and furnishing industrial, manufacturing, warehousing, commercial, research and recreation facilities including industrial pollution control facilities, educational or cultural facilities, railroad facilities, horse racing facilities and continuing care retirement communities * * * and thereby advance the job opportunities, health, general prosperity and economic welfare of the people of the State of New York and to improve their recreational opportunities, prosperity and standard of living * * *.Generally construed as the promotion of economic development and job creation and retention.
Further the Agency is subject to compliance with the Public Authorities Accountability Act of 2005 and Public Authorities Reform Act of 2009 and provisions enacted in
Stake Holders: Rockland County, Local Governments and School Districts
Citizens of Rockland County, Local businesses and eligible organizations.
List of Performance Goals:
1. Generate Private Investment in the economy of the county and create/retain jobs through Retention, Expansion and Business Attraction.
Issue bonds as permitted under Article 18 to eligible businesses
Generate private investment in facilities and equipping of vacant buildings or sites in the county through the provision of financial incentives to eligible projects.
Facilitate approval of straight lease projects to eligible companies
Undertake a cost benefit analysis for all projects for review by Agency members prior to approval of any and all projects.
Execute project PILOTs if approved by taxing entities.
Educate and communicate the Agency’s practices and policies that promote retention and job creation to governmental entities and to the businesses, real estate, legal and financial community.
2. Transparency and Compliance:
Administer and operate the Agency and its projects in compliance with all applicable regulations and policies New York State laws and policies.
1. Have the board members acknowledged that they have read and understood the mission of the public authority? YES
2. Who has the power to appoint the management of the public authority?
The Members of the Agency appoints the Executive Director of the Agency.
3. If the Board appoints management, do you have a policy you follow when appointing the management of the public authority.
Yes. As per its bylaws, the Board may employ such personnel as it deems necessary to exercise its powers, duties and functions as prescribed by the New York State Industrial Development Act, as amended and all other laws of the State of New York applicable thereto. The selection and compensation of all personnel shall be determined by the Agency subject to all of the laws of the State of New York.
4. Briefly describe the role of the Board and the role of management in the implementation of the mission.
The Board makes policy, establishes best practices and directs the management of the Agency with advice from Counsel. It directs Agency goals, and monitors achievements/completion of tasks. The Executive Director is responsible for the day to day operations of the Agency in compliance with all applicable state laws, regulations and best practices.
The Board appoints counsels to review and prepare all legal documents for its projects and activities.
5. Has the Board acknowledged that they have read and understand the responses of each of these questions?
Adopted: March 24, 2016