Geneva Industrial Development Agency Meeting Minutes January 2026
GEDC Management Agreement with Webster Properties Moves Month-to-Month
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Description
Geneva IDA continued its management agreement with Webster Properties for the GEDC property, transitioning to a month-to-month term beginning August 2025 with a $200,000 annual management cost noted.
Contract Details
Contract Amount
$200,000 annually
Vendor
WEBSTER PROPERTIES
Agency
City of Geneva, NY
Contract Type
FACILITIES
Document Date
January 9, 2026
Contract Term
month-to-month beginning August 2025 (previous term not specified)
Renewal Info
Transition from previous term to month-to-month agreement; next review expected at annual meeting. Prior contract term not specified; evaluation of new management model discussed.
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NAcity-of-geneva-ida-regular-meeting-agenda-september-5-2025_fcc.pdf
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