The Herkimer County HLDC Board of Directors convened on May 20, 2025, to discuss several key agenda items, primarily focusing on property management and development opportunities within the county.

The meeting began with discussions regarding potential funding sources for property improvements, including possible Environmental Protection Agency (EPA) funds and state resources for commercial housing projects. Board members noted that an appraisal for a specific property was underway, with expectations to finalize discussions on the purchase price within 90 to 120 days.

A significant point of discussion was the Charlestown property, which had previously been encumbered by a $14 million lien from the EPA for cleanup. After extensive negotiations, the board successfully arranged for the lien to be waived for a payment of $10,000. This development allows the county to market the property, which is seen as a prime location for retail battery storage due to its proximity to power lines. The board expressed confidence in the site's potential, noting that environmental assessments indicated no significant contamination issues.

The board also addressed the Masonic property, where they anticipate approximately $1.5 million in funding for repairs and upgrades. Plans to bid for roof repairs and window replacements were discussed, alongside the availability of a virtual tour for public viewing.

Additionally, the board reviewed grant opportunities, including a $600,000 small grant aimed at supporting community projects. They acknowledged the disappointment in not receiving a coalition grant for brownfields but remained optimistic about future funding prospects.

In conclusion, the meeting highlighted the board's proactive approach to property management and development, with several initiatives aimed at enhancing the county's infrastructure and economic prospects. The board plans to reconvene to further discuss the appraisal results and next steps for the Charlestown property.