City of Geneva Industrial Development Agency AgendaPacket 2026-06-05
Lyons National Bank Mortgage Supports GEDC Financing
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Description
Lyons National Bank holds the mortgage on the GEDC property, with about $16,000 in principal payments made over the eight months ending May 2025. The loan remains an ongoing financial obligation impacting the facility’s cash flow.
Contract Details
Contract Amount
Approximately $16,000 principal over 8 months (mortgage)
Vendor
LYONS NATIONAL BANK
Agency
City of Geneva, NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 5, 2026
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