Mark Geise, Deputy County Executive for Economic Development/Chief Executive Officer of the County of Chautauqua Industrial Development Agency (CCIDA), announced today that the CCIDA Board of Directors has approved an AL Tech RLF loan in the amount of $100,000 to assist Megalomania LLC with real estate acquisition financing in Dunkirk, N.Y. In addition, a CRLF Working Capital Loan, in the amount of $50,000, was approved for Mark Graham d/b/a Graham’s Market in Sherman, N.Y.
Construction of Stannard Group, LLC’s (Stannard) headquarters in the Mason Industrial Park, located in the Town of Ellicott, is currently underway. In May of 2019, the Chautauqua County Industrial Development Agency (CCIDA) approved a 15-year payment in lieu of taxes (PILOT) incentive for the new construction project, which will retain Stannard in Chautauqua County and will retain 35 employees and create 1 new job.
The Chautauqua County Division of Economic Development and the CCIDA jointly financed the development and production of this marketing tool, which tells the story of the County’s world class attractions and four-season entertainment.
Stannard Group, LLC to construct new headquarters in Ellicott to consolidate its multiple business entities, strengthen corporate culture, and create space for continued growth.
PILOT will provide property tax support for the installation of two 500,000-gallon tanks that will create increased storage capacity and establish a more stable market for local grape growers