3-23-21 Board Meeting Minutes.DOCX
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The Syracuse Industrial Development Agency Board of Directors held a virtual meeting on March 23, 2021, where they approved the February 2021 meeting minutes and reviewed the Agency's 2020 financial statements. The audit was completed successfully with an unmodified opinion and no control or process issues; financing fees totaled approximately $800,000 in legal settlement fees related to the Hotel Syracuse project, with additional revenue from the Joint Schools Construction Board bond issuance and JMA Wireless project. The Audit Committee recommended and the Board accepted the 2020 financial statements as official.
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