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The changes are minor, Citi’s attorney stated, but will enable the bank to cash out of the funds by selling them on the secondary market.
The National Business Aviation Association, which held the event, has about 11,000 corporate members.
Luiz Aragon told the 300 guests at the breakfast gathering that there are 11 active construction sites in New Rochelle, with 27 projects approved.
“As we update our economic development plan, we’re particularly looking for components that will deal with the very small businesses and how we can help incent them,” said Westchester County Executive George Latimer.
A half-dozen union officials were at the IDA meeting, and two spoke out about the need for an agreement with the developer and for good local jobs.
In a report detailing the contract between the county and the park's future private operator, Latimer says the county will invest millions of dollars into the park for little return.
Latimer, sworn in on New Year's Day, promised more government transparency and that the county would be a "good neighbor" to local municipalities.
The event will also feature a "Westchester Growth Strategy" panel on regional trends, the association's gigabit internet initiative and housing for millennials and the county's workforce.
Business advocates and elected officials said a bipartisan, $127 billion transportation bill passed by Congress June 29 is a step in the right direction,...