The Cayuga County Industrial Development Agency (IDA) is poised to part ways with the Cayuga Economic Development Agency (CEDA) by the close of this year, a move that will see the IDA operate with its own staff.
The two agencies, although having distinct boards, previously shared administrative resources, according to The Citizen.
The IDA conveyed its decision to terminate the shared agreement with CEDA in August, indicating a shift towards autonomous operations.
Amid this shift, the IDA board has appointed Michael Miller, CEDA’s former executive director, as its interim executive director until the end of the year, with a contract amounting to $19,000.
Miller, who faced dismissal from CEDA in August due to what he termed as a “misalignment with the board,” is now tasked with aiding the separation process of the IDA from CEDA.
This development unfolds as CEDA faces its share of turmoil, having seen the departure of two executive directors within the last 15 months, bringing its direction and stability into question.
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