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2022 Fall IDA Academy

2022 Fall IDA Academy 

November 10, 9:00 a.m. - 4:30 p.m.

Delta Hotels by Marriott, 200 Genesee Street, Utica

(After you register, please check your spam filter for receipt and room block code)
 If you are interested in Sponsorship Opportunites, please email Wa'Kena Jackson or call 518.426.4058.

Developing Agenda - subject to change

Wednesday, November 9 - Early arrivals and Overnight Guests

6:30 pm 

Networking with Mohawk Valley Edge

6:50 pm 

Welcome to Oneida County and Utica, New York

  • Tim Fitzgerald, Vice President Economic Development, Mohawk Valley Edge

Thursday,  November 10

9:00 am

Welcome and NYSEDC Policy Agenda Update 

  • Ryan Silva, Executive Director, New York State Economic Development Council

9:10 – 10:00 am 

PARIS Reporting Best Practices
Under the Public Authorities Reform Act (PAAA), all Industrial Development Agencies (IDA) and Local Development Corporations (LDC) are required to submit annual reports via the Public Authorities Reporting Information System (PARIS). In this session, you will hear from legal counsel on what reports are required to be submitted and how to submit them. This session will also feature a series of best practices from IDAs large and small on how to effectively and efficiently submit your reports as well as consulting firms who serve as a third-party assistant/administrator to ensure compliance with state law.
Moderator: Julie Marshall, Consultant, Harris Beach 

Presentations from this panel can be found here.

10:15 -11:30 am

Authorities Budget Office: Training for IDA Staff and Board

This presentation can be found here. 

11:45-12:45 pm 

Lunch and Learn - Advocacy and Managing Relationships with State and Local Officials

Building and sustaining relationships within your community stakeholders is essential for IDAs to achieve their mission. Communicating regularly and effectively with stakeholders at the local, regional, and state levels of government builds goodwill, and strategic partnerships, and creates a better understanding of the work your organization is doing. Learn from your colleagues and peers about how they maintain strong relationships with the state legislature and hear from our lobbying firm on how these relationships ultimately help shape state policy toward economic development.

Moderator:  Liz Benjamin, Managing Director - Albany, Marathon Communications

No presentations for this panel. 

1:00-2:00 pm 

IDA Operations 101

Managing, operating, and running an IDA or an LDC is detailed and complex. From maintaining compliance with General Municipal Law (GML) and PAAA, to staffing an agency, holding public meetings, approving projects, or developing a strategic plan, IDA leaders and staff are often multi-tasking and managing a variety of different projects, programs, and priorities on a daily basis. In this session, you will hear best practices from IDAs large and small how they manage their day-to-day, and hear from consulting groups who often aid in the day-to-day operations of IDAs across the state.

Moderator: Melissa Bennett, Partner, Barclay Damon

Presentations from this panel can be found here.

2:15-3:15 pm

Site Development 101

Market/Shovel ready is a phrase to describe a construction project at an advanced enough stage of development for building to begin and laborers to work immediately once sufficient funding is secured. In light of Micron’s transformational announcement to invest $100 Billion in a new semiconductor facility in Onondaga County, we know investing in sites will lead to private sector successes. There continues to be a shortage of shovel-ready sites around the country; the need for New York to invest in sites has never been greater than it is today. Hear from several IDAs across the state on their work to develop sites, attract, industry, and create jobs for their community.

Moderator: Nick Bruno, Vice President Business Development, Mohawk Valley Edge 

Presentations from this panel can be found here. 

3:30-4:30 pm

Project Financing 101

One of the most important aspects of IDA work is to evaluate the financial viability of a project. Understanding the tools and resources available and how to utilize them often makes the difference between a project succeeding or not moving forward. Hear from several IDAs about how to construct a deal, what additional tools are available at the state level to help make the math work, and how to determine whether a pro forma is viable or not.

Moderator: Patrick Kelly, Chief Executive Officer, St. Lawrence County IDA 

Presentations from this panel can be found here.

4:30 pm

Closing Remarks  

  • Ryan Silva, Executive Director, New York State Economic Development Council  

Thank you to our sponsors!