CONTRACTAPPROVED

St. Lawrence County Industrial Development Agency Awards Facilities Contract to Vecino Group New York LLC (June 2026)

St. Lawrence County Industrial Development Agency
Disclosed value
Total project amount: $28,200,000; estimated sales and use tax exemption: $1,172,000; mortgage recording tax exemption: $197,250
From resolution
Approved
Jun 11, 2026
Renews
Free account

The 30-second brief

What it covers

The St. Lawrence County Industrial Development Agency approved financial assistance for Vecino Group New York, LLC’s $28.2 million Congdon Hall affordable housing project in Potsdam. The package includes sales and use tax and mortgage recording tax exemptions, a 33-year PILOT Agreement, and related lease and leaseback agreements, with assistance estimated to expire in 2059.

Who holds it

Vecino Group New York LLC holds this facilities contract with St. Lawrence County Industrial Development Agency. Its other public contracts on record include work for NY-State-Power Authority (NYPA) and Village of Potsdam.

What happens next

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Contract details

Contract type
Facilities
Amount
Total project amount: $28,200,000; estimated sales and use tax exemption: $1,172,000; mortgage recording tax exemption: $197,250
Document date
June 11, 2026
Term
33-year PILOT Agreement; estimated expiration of financial assistance in 2059
Renews
On record
Source document
St. Lawrence County Industrial Development Agency Resolution Approving Resolution Vecino Group New York, LLC 2026-06-11 (Resolution)

Vecino Group New York LLC's other public contracts

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Questions about this contract

Who was awarded the facilities contract by St. Lawrence County Industrial Development Agency?

Vecino Group New York LLC was awarded this facilities contract by St. Lawrence County Industrial Development Agency, as recorded on June 11, 2026. The contract value is Total project amount: $28,200,000; estimated sales and use tax exemption: $1,172,000; mortgage recording tax exemption: $197,250.

How much is the Vecino Group New York LLC contract with St. Lawrence County Industrial Development Agency worth?

The Vecino Group New York LLC contract with St. Lawrence County Industrial Development Agency is valued at Total project amount: $28,200,000; estimated sales and use tax exemption: $1,172,000; mortgage recording tax exemption: $197,250, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a resolution record.

Where was this contract approved?

This contract appears in St. Lawrence County Industrial Development Agency Resolution Approving Resolution Vecino Group New York, LLC 2026-06-11 (Resolution), dated June 11, 2026 from St. Lawrence County Industrial Development Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Vecino Group New York LLC hold?

Vecino Group New York LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is St. Lawrence County Industrial Development Agency currently buying?

Explore St. Lawrence County Industrial Development Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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