
Policies adopted pursuant to the 2005 Public Authorities Accountability Act: In accordance with the 2005 Public Authority Accountability Act, the Agency has adopted Bylaws, a Compensation, Reimbursement and Attendance Policy, Defense and Indemnification Policy, Ethics Policy, Form of Property Disposition Policy, Investment Policy, Procurement Policy, Travel Policy, Extension of Credit to Board Members and Executive Officer Policy and Whistleblower Policy. The Agency bylaws and policies may be viewed below. Uniform Tax Exemption Policy: Section 874(4) of the New York State General Municipal Law, as amended, requires that each industrial development agency establish a uniform tax exemption policy. The Agency's Uniform Tax Exemption Policy and recapture (clawback) guidelines may be viewed below.