Development Chenango Corporation

The Development Chenango Corporation (DCC) focuses on the retention and creation of jobs in the county through business growth by providing start-up assistance, business planning and technical assistance, access to low-interest financing, assistance navigating government programs and funding sources.

Development Chenango Corporation (DCC) is a 501(c)(3) partner organization of Commerce Chenango. Established as a local development corporation and public authority, which is Chenango County’s contract agency for economic development, it supports the economic development needs of Chenango County by providing area businesses with the resources they need to grow.

New DCC projects include the Greene Strategic Economic Development Plan, Norwich Meadows Farm and the Norwich Museum District.

DCC Board of Directors & Committees

The Development Chenango Corporation Board of Directors is made up of three class A Directors (by virtue of office), thirteen class B Directors (single, three year term, staggered), and up to five class C Directors (1 year terms, no limits).

2021 DCC Meetings are as follows: March 24*, June 23, September 22, and December 22
*Annual

Executive & Governance Committee

Jennifer Telesky

Chair

NBT Bank

Marty Eldred

Treasurer

SFCU

Sheila Marshman

Secretary

Marshman Farms/Morrisville State College

Mary Branham

Vice Chair

Pivotel, LLC

Directors

Mary Branham

Pivotel, LLC

Perry Dewey

DCMO BOCES

John Hinman

Afton Chamber

Cliff Olin

Olin Capital/Olin Group

Shawn Sastri

City of Norwich Mayor

Kenneth Smith

Cornell Cooperative Extension

Brian Burton

Chairperson - CCIDA

NBT Bank

Marty Eldred

SFCU

Pegi LoPresti

Chairperson - Commerce Chenango

NBT Bank

Christine McAvoy Paul

Chenango Health Network

George Seneck

Chenango County Board of Supervisors, Chairman

Melissa Stagnaro

UHS Chenango Memorial Hospital

Shane Butler

Planning & Development, Chenango County

Luke Halberg

NBT Bank

Sheila Marshman

Marshman Farms/Morrisville State College

Terry Potter

Millennia Entertainment

Dominic Shea

Wells Fargo Advisors

Jennifer Telesky

NBT Bank

Finance/Audit Committee

Mary Branham

Pivotel, LLC

Cliff Olin

Olin Capital/Olin Group

Marty Eldred

SFCU

Dominic Shea

Wells Fargo Advisors

Sheila Marshman

Marshman Farms/Morrisville State College

Jennifer Telesky

Treasurer

NBT Bank

Meeting Agendas & Minutes

2021 Meetings

Board Meeting – December 22, 2021

Finance Meeting – December 16, 2021

Board Meeting – September 22, 2021

Finance Meeting – September 16, 2021

Board Meeting – June 23, 2021
Agenda
Meeting Packet
Minutes (Not approved)

Finance Meeting – June 17, 2021
Agenda
Meeting Packet
Minutes (Not approved)

Special Board Meeting – May 10, 2021
Minutes (Not approved)
Minutes (Approved)

Special Board Meeting – May 4, 2021
Minutes (Not approved)
Minutes (Approved)

Special Board Meeting – April 12, 2021
Minutes (Not approved)
Minutes (Approved)

Special Finance Meeting – April 5, 2021
Minutes (Not approved)
Minutes (Approved)

Board Meeting – March 25, 2021
Regular Meeting
Agenda
Meeting Packet
Minutes (Not approved)
Minutes (Approved)

Board Meeting – March 25, 2021
Annual Meeting
Agenda
Meeting Packet
Minutes (Not approved)
Minutes (Approved)

Finance Meeting – March, 22 2021
Agenda
Meeting Packet
Minutes (Not Approved)
Minutes (Approved)

Special Board Meeting – February 23, 2021
Minutes (Approved)

Special Finance Meeting – February 15, 2021
Minutes (Approved)

 

2020 Meetings

Board Meeting – December 16, 2020:
Agenda
Minutes (Approved)

Finance Meeting – December 10, 2020:
Agenda
Minutes (Approved)

Board Meeting – September 23, 2020:
Agenda
Minutes (Not Approved)
Minutes (Approved)

Finance Meeting – September 17, 2020:
Agenda
Minutes (Not Approved)
Minutes (Approved)

Board Meeting – June 24, 2020:
Agenda
Minutes

Finance Meeting – June 18, 2020:
Minutes
Agenda

Special Board Meeting – June 1, 2020:
Agenda
Minutes

Annual Board Meeting – March 25, 2020:
Agenda
Minutes

Board Meeting – March 25, 2020:
Agenda
Minutes

Finance Meeting – March 23, 2020:
Agenda
Minutes

Finance Meeting – February 14, 2020:
Agenda
Minutes

2019 Meetings

Board Meeting – December 18, 2019
Agenda
Minutes

Finance Meeting – December 12, 2019
Agenda
Minutes

Board Meeting – October 2, 2019
Agenda
Minutes

Finance Meeting – September 19, 2019
Agenda
Minutes

Board Meeting – June 26, 2019
Agenda
Minutes

Finance Meeting – June 20, 2019
Agenda
Minutes

Executive Committee Meeting – March 29, 2019
Agenda

Annual Board Meeting – March 27, 2019:
Agenda
Minutes

Board Meeting – March 27, 2019:
Agenda
Minutes

Finance Meeting – March 25, 2019:
Agenda
Minutes

Finance Meeting – March 21, 2019
Agenda
Minutes

2018 Meetings

Board Meeting – December 20, 2018:
Agenda
Minutes

Finance Meeting – December 13, 2018:
Agenda
Minutes

Finance Meeting – October 04, 2018:
Agenda
Minutes

Finance Meeting – June 14, 2018:
Agenda
Minutes

Annual Board Meeting – March 22, 2018:
Agenda
Minutes

Board Meeting – March 22, 2018:
Agenda
Minutes

Finance Meeting – March 22, 2018:
Agenda
Minutes

2017 Meetings

Board Meeting – December 21, 2017:
Agenda
Minutes

Finance Meeting – December 14, 2017:
Agenda
Minutes

Board Meeting – October 05, 2017:
Agenda
Minutes

Finance Meeting – September 28, 2017:
Agenda
Minutes

Board Meeting – June 22, 2017:
Agenda
Minutes

Finance Meeting – June 15, 2017:
Agenda
Minutes

Annual Board Meeting – March 23, 2017:
Agenda
Minutes

Board Meeting – March 23, 2017:
Agenda
Minutes

Finance Meeting – March 16, 2017:
Agenda
Minutes

2016 Meetings

Board Meeting – December 15, 2016:
Minutes

Finance Meeting – December 08, 2016:
Minutes

Finance Meeting – November 17, 2016:
Minutes

Board Meeting – September 22, 2016:
Minutes

Finance Meeting – September 22, 2016:
Minutes

Board Meeting – June 23, 2016:
Minutes

Finance Meeting – June 16, 2016:
Minutes

Annual Board Meeting – March 24, 2016:
Minutes

Board Meeting – March 24, 2016:
Minutes

Finance Meeting – March 17, 2016:
Minutes

Upcoming Meetings Livestream

September 22, 2021

Board Meeting

Watch Here

September 16, 2021

Finance Committee Meeting

Watch Here

Loans/Projects

2021

41 North Salon ($100,000)
April 26, 2021
Acquisition and renovation of new location

2020

Collier Farm ($105,100)
August 3, 2020
Property acquisition
Outstanding to date (12/31/2020): $103,448.10; Current

The Sherwood Group ($105,000)
June 30, 2020
Open The Sherwood Hotel
Outstanding to date (12/31/2020): $105,105.95; Delinquent

Beers Rentals ($31,600)
June 23, 2020
Purchase salon equipment, interior & exterior renovations of 11 S. Broad St.
Outstanding to date (12/31/2020): 30,451.53; Current

Grateful Grub ($20,100)
June 17, 2020
Build food truck, including wood-fired pizza oven
Outstanding to date (12/31/2020): $19,288.63; Current

2019

Otsego Medical Group ($100,000)
February 11, 2019
Renovate facilities
Outstanding to date (12/31/2020): $68,939.65; Current 

2018

Hidden Springs Brewhouse ($50,000)
October 24, 2018
Refinance existing real-estate debt
Outstanding to date (12/31/2020): $47,152.25; Current

Value Holding LLC ($50,000)
October 22, 2018
Purchase machinery and equipment
Outstanding to date (12/31/2020): $29,635.35; Current

P&L Farm ($50,000)
September 27, 2018
Purchase replacement stock
Outstanding to date (12/31/2020): $53,508.16; Delinquent

2017

No loans made

2016

Hercules  Properties ($171,371)
December 1, 2016
Restoration of 42-46 N. Broad Street
Completed: 4/23/2021

The Sherwood Restaurant LLC ($100,000)
July 8, 2016
Funding to open the Sherwood Hotel
Outstanding to date (12/31/2020): $70,539.22; Current

L.A. Najarian ($100,000)
April 13, 2016
Acquisition of company
Completed: 9/30/2020

Law Farm ($100,000)
April 6, 2016
Purchase milk cows and equipment to expand
Completed: 12/22/2020

2009-2015

Stony Ridge Maples ($15,000)
July 30, 2015
Purchase equipment to increase and stabilize annual sap harvest
Outstanding to date (12/31/2020): $5,990.72; Current

Kelly Fern & Steven Root – Giltner’s Flooring ($50,000)
December 18, 2014
Acquisition of Giltner’s Flooring
Outstanding to date (12/31/2020): $30,221.48; Current

Sunrise Family Farm ($100,000)
September 6, 2013; Revised August 1, 2020
Expansion of dairy processing facility
Outstanding to date (12/31/2020): $54,540.69; Current

25 Genesee Street LLC ($100,000)
4/26/2013
Renovations and capital equipment purchases for The Sherwood Hotel
Outstanding to date (12/31/2020): $34,936.22; Current

E. Maynard Artificial Insemination ($30,000)
May 1, 2009
Purchase equipment
Outstanding to date: $30,000; Delinquent

Chamber Events